Ares Commercial Real Estate - ACRE Stock Forecast, Price & News

5 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 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACRE shares.
View ACRE analyst ratings or view top-rated stocks.

5 brokerages have issued 12 month price objectives for Ares Commercial Real Estate's shares. Their ACRE share price forecasts range from $12.00 to $14.00. On average, they expect the company's stock price to reach $13.14 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price.
View analysts price targets for ACRE or view top-rated stocks among Wall Street analysts.

Ares Commercial Real Estate's stock was trading at $10.29 at the beginning of 2023. Since then, ACRE stock has decreased by 13.7% and is now trading at $8.88.
View the best growth stocks for 2023 here.

Ares Commercial Real Estate saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,750,000 shares, an increase of 15.9% from the February 13th total of 1,510,000 shares. Based on an average daily volume of 750,900 shares, the days-to-cover ratio is currently 2.3 days.
View Ares Commercial Real Estate's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our ACRE earnings forecast.

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 for the quarter, missing the consensus estimate of $0.36 by $0.02. Ares Commercial Real Estate had a trailing twelve-month return on equity of 10.41% and a net margin of 27.88%. During the same quarter in the previous year, the business earned $0.38 EPS.

Ares Commercial Real Estate announced a quarterly dividend on Wednesday, February 15th. Shareholders of record on Friday, March 31st will be given a dividend of $0.35 per share on Tuesday, April 18th. This represents a $1.40 annualized dividend and a yield of 15.77%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for ACRE.

ETFs with the largest weight of Ares Commercial Real Estate (NYSE:ACRE) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM) and Hoya Capital High Dividend Yield ETF (RIET).Global X SuperDividend ETF (SDIV).

Ares Commercial Real Estate (NYSE:ACRE) pays an annual dividend of $1.32 per share and currently has a dividend yield of 15.31%. ACRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 220.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ACRE will have a dividend payout ratio of 90.41% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ACRE.

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).

Ares Commercial Real Estate trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACRE."

Ares Commercial Real Estate's stock is owned by many different institutional and retail investors. Top institutional shareholders include Deer Park Road Corp (0.00%), JPMorgan Chase & Co. (3.07%), 1832 Asset Management L.P. (2.90%), Mirae Asset Global Investments Co. Ltd. (2.67%), Boston Partners (2.13%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Anton Feingold, Bryan Patrick Donohoe and William Stephen Benjamin.
View institutional ownership trends.

Shares of ACRE 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.
Compare Top Brokerages Here.

One share of ACRE stock can currently be purchased for approximately $8.88.

Ares Commercial Real Estate (NYSE:ACRE) has a market capitalization of $484.94 million and generates $106.85 million in revenue each year. The real estate investment trust earns $29.78 million in net income (profit) each year or $0.60 on an earnings per share basis.

The company employs 2,550 workers across the globe.

Ares Commercial Real Estate's mailing address is 245 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10167. The official website for the company is www.arescre.com. The real estate investment trust can be reached via phone at (212) 710-2100, via email at iracre@aresmgmt.com, or via fax at 212-750-1777.