S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:ACRE

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

$6.56
+0.15 (+2.34%)
(As of 04:37 PM ET)
Today's Range
$6.38
$6.58
50-Day Range
$6.41
$8.75
52-Week Range
$6.36
$11.24
Volume
483,962 shs
Average Volume
723,555 shs
Market Capitalization
$357.01 million
P/E Ratio
N/A
Dividend Yield
15.24%
Price Target
$8.79

Ares Commercial Real Estate MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.88 Rating Score
Upside/​Downside
33.9% 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.

4.06 out of 5 stars

Finance Sector

298th out of 845 stocks

Real Estate Investment Trusts Industry

62nd out of 179 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

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Ares Commercial Real Estate (NYSE:ACRE) PT Lowered to $7.50
Analyst Ratings For Ares Comml Real Est
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Former Lockport hospital to go up for online auction
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
4/19/2024
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
+34.1%
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
$81.43 million
Cash Flow
$0.98 per share
Book Value
$11.56 per share

Miscellaneous

Free Float
52,899,000
Market Cap
$356.47 million
Optionable
Optionable
Beta
1.41

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last twelve months. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 12-month price objectives 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 stock price to reach $8.79 in the next twelve months. This suggests a possible upside of 33.9% 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 on January 1st, 2024. Since then, ACRE stock has decreased by 36.7% and is now trading at $6.56.
View the best growth stocks for 2024 here
.

Are investors shorting Ares Commercial Real Estate?

Ares Commercial Real Estate saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 1,800,000 shares, a decline of 21.1% from the February 29th total of 2,280,000 shares. Based on an average 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) posted its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company posted $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 declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.25 per share on Tuesday, April 16th. This represents a $1.00 annualized dividend and a dividend yield of 15.24%. The ex-dividend date 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 15.34%. 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 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 a number of retail and institutional investors. Top institutional shareholders 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 4/19/2024 by MarketBeat.com Staff

From Our Partners