NYSE:ACRE

Ares Commercial Real Estate (ACRE) Stock Price, News & Analysis

$6.81
+0.15 (+2.25%)
(As of 04/23/2024 ET)
Today's Range
$6.61
$6.83
50-Day Range
$6.41
$8.53
52-Week Range
$6.36
$11.24
Volume
395,076 shs
Average Volume
715,411 shs
Market Capitalization
$370.60 million
P/E Ratio
N/A
Dividend Yield
14.68%
Price Target
$8.79

Ares Commercial Real Estate MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.88 Rating Score
Upside/​Downside
29.0% Upside
$8.79 Price Target
Short Interest
Healthy
3.25% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.55
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$255,797 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.66) to $0.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Finance Sector

308th out of 838 stocks

Real Estate Investment Trusts Industry

63rd out of 171 stocks

ACRE stock logo

About Ares Commercial Real Estate Stock (NYSE:ACRE)

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt and preferred equity products, mezzanine loans, and other CRE investments, including commercial mortgage-backed securities. It has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Corporation was incorporated in 2011 and is based in New York, New York.

ACRE Stock Price History

ACRE Stock News Headlines

top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Analyst Ratings For Ares Comml Real Est
Former Lockport hospital to go up for online auction
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Ares Commercial: Dividend Cut, What Now?
Finalists for Best Real Estate Deals 2024 announced
Franklin BSP (FBRT) Q4 Earnings and Revenues Lag Estimates
Ares Commercial: Dividend Cut Highly Probable In 2024
Ares Commercial Real Estate Corporation
Ares Capital: A High-Rate Play With Profound Yields
See More Headlines
Receive ACRE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ares Commercial Real Estate and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 4/16 Dividend
3/27/2024
Dividend Payable
4/16/2024
Today
4/23/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
04013V10
Employees
2,800
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$8.79
High Stock Price Target
$11.50
Low Stock Price Target
$7.00
Potential Upside/Downside
+29.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.88
Research Coverage
8 Analysts

Profitability

Net Income
$-38,870,000.00
Pretax Margin
-41.87%

Debt

Sales & Book Value

Annual Sales
$88.96 million
Cash Flow
$1.00 per share
Book Value
$11.56 per share

Miscellaneous

Free Float
52,899,000
Market Cap
$370.60 million
Optionable
Optionable
Beta
1.41

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives


ACRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Ares Commercial Real Estate stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last year. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" ACRE shares.
View ACRE analyst ratings
or view top-rated stocks.

What is Ares Commercial Real Estate's stock price target for 2024?

8 Wall Street analysts have issued 12-month target prices for Ares Commercial Real Estate's shares. Their ACRE share price targets range from $7.00 to $11.50. On average, they expect the company's share price to reach $8.79 in the next year. This suggests a possible upside of 29.0% from the stock's current price.
View analysts price targets for ACRE
or view top-rated stocks among Wall Street analysts.

How have ACRE shares performed in 2024?

Ares Commercial Real Estate's stock was trading at $10.36 at the start of the year. Since then, ACRE shares have decreased by 34.3% and is now trading at $6.81.
View the best growth stocks for 2024 here
.

Are investors shorting Ares Commercial Real Estate?

Ares Commercial Real Estate saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 1,800,000 shares, a decrease of 21.1% from the February 29th total of 2,280,000 shares. Based on an average daily trading volume, of 725,500 shares, the short-interest ratio is currently 2.5 days.
View Ares Commercial Real Estate's Short Interest
.

When is Ares Commercial Real Estate's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ACRE earnings forecast
.

How were Ares Commercial Real Estate's earnings last quarter?

Ares Commercial Real Estate Co. (NYSE:ACRE) released its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.02. Ares Commercial Real Estate had a negative net margin of 43.30% and a positive trailing twelve-month return on equity of 8.00%. During the same quarter in the previous year, the business earned $0.38 earnings per share.

How often does Ares Commercial Real Estate pay dividends? What is the dividend yield for Ares Commercial Real Estate?

Ares Commercial Real Estate announced a quarterly dividend on Thursday, February 22nd. Investors of record on Thursday, March 28th will be given a dividend of $0.25 per share on Tuesday, April 16th. This represents a $1.00 annualized dividend and a dividend yield of 14.68%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for ACRE
.

Is Ares Commercial Real Estate a good dividend stock?

Ares Commercial Real Estate (NYSE:ACRE) pays an annual dividend of $1.00 per share and currently has a dividend yield of 15.24%. ACRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ACRE.

What ETFs hold Ares Commercial Real Estate's stock?

ETFs with the largest weight of Ares Commercial Real Estate (NYSE:ACRE) stock in their portfolio include AXS Real Estate Income ETF (RINC), Invesco KBW High Dividend Yield Financial ETF (KBWD) and VanEck Mortgage REIT Income ETF (MORT).iShares Mortgage Real Estate ETF (REM).

What other stocks do shareholders of Ares Commercial Real Estate own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Commercial Real Estate investors own include Twitter (TWTR), Energy Transfer (ET), AGNC Investment (AGNC), NGL Energy Partners (NGL), Annaly Capital Management (NLY), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), AT&T (T), CBL & Associates Properties (CBL) and Ladder Capital (LADR).

Who are Ares Commercial Real Estate's major shareholders?

Ares Commercial Real Estate's stock is owned by many different retail and institutional investors. Top institutional investors include Merrion Investment Management Co LLC (0.31%) and Curated Wealth Partners LLC (0.00%). Insiders that own company stock include Anton Feingold, Bryan Patrick Donohoe and William Stephen Benjamin.
View institutional ownership trends
.

How do I buy shares of Ares Commercial Real Estate?

Shares of ACRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ACRE) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners