ACRES Commercial Realty (ACR) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ACRES Commercial Realty in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACR shares.
View ACR analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year price targets for ACRES Commercial Realty's shares. Their ACR share price forecasts range from $13.50 to $14.00. On average, they predict the company's stock price to reach $13.75 in the next year. This suggests a possible upside of 61.4% from the stock's current price.
View analysts price targets for ACR or view top-rated stocks among Wall Street analysts.

ACRES Commercial Realty's stock was trading at $8.26 on January 1st, 2023. Since then, ACR stock has increased by 3.1% and is now trading at $8.52.
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ACRES Commercial Realty saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 14,000 shares, an increase of 12.0% from the April 30th total of 12,500 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the company are sold short.
View ACRES Commercial Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ACR earnings forecast.

ACRES Commercial Realty Corp. (NYSE:ACR) announced its quarterly earnings results on Thursday, August, 4th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.19 by $0.26. ACRES Commercial Realty had a net margin of 12.87% and a trailing twelve-month return on equity of 7.40%. During the same quarter in the prior year, the company posted $0.09 earnings per share.

ACRES Commercial Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACR."

ACRES Commercial Realty's stock is owned by a variety of retail and institutional investors. Top institutional investors include Punch & Associates Investment Management Inc. (8.84%), BlackRock Inc. (1.16%), Lindbrook Capital LLC (1.07%), Two Sigma Advisers LP (0.18%), Susquehanna International Group LLP (0.16%) and First Republic Investment Management Inc. (0.16%). Insiders that own company stock include David J Bryant, Eagle Point Credit Management and Jaclyn Jesberger.
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Shares of ACR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ACR stock can currently be purchased for approximately $8.52.

ACRES Commercial Realty (NYSE:ACR) has a market capitalization of $73.19 million and generates $75.17 million in revenue each year. The company earns $10.62 million in net income (profit) each year or ($0.99) on an earnings per share basis.

The company employs 2,018 workers across the globe.

ACRES Commercial Realty's mailing address is 865 MERRICK AVENUE SUITE 200S, WESTBURY NY, 11590. The official website for the company is www.acresreit.com. The company can be reached via phone at (516) 535-0015, via email at ir@acresreit.com, or via fax at 212-245-6372.