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NYSE:ACRE

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

$9.76
+0.25 (+2.63%)
(As of 06/6/2023 ET)
Compare
Today's Range
$9.50
$9.88
50-Day Range
$7.76
$9.59
52-Week Range
$7.52
$14.44
Volume
634,913 shs
Average Volume
811,061 shs
Market Capitalization
$533.58 million
P/E Ratio
69.71
Dividend Yield
13.52%
Price Target
$11.57

Ares Commercial Real Estate MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.6% Upside
$11.57 Price Target
Short Interest
Bearish
5.76% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.55
Upright™ Environmental Score
News Sentiment
1.12mentions of Ares Commercial Real Estate in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.52%
From $1.05 to $1.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Finance Sector

429th out of 861 stocks

Real Estate Investment Trusts Industry

81st out of 188 stocks


ACRE stock logo

About Ares Commercial Real Estate (NYSE:ACRE) Stock

Ares Commercial Real Estate Corp. engages in originating and investing in commercial real estate loans and related investments. The company was founded in September 2011 and is headquartered in New York, NY.

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ACRE Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Where Ares Comml Real Est Stands With Analysts
Ares Commercial (ACRE) Gets a Hold from BTIG
See More Headlines

ACRE Price History

ACRE Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 4/18 Dividend
3/30/2023
Dividend Payable
4/18/2023
Today
6/06/2023
Ex-Dividend for 7/18 Dividend
6/29/2023
Dividend Payable
7/18/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
04013V10
Employees
2,550
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$11.57
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+21.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$29.78 million
Pretax Margin
6.97%

Debt

Sales & Book Value

Annual Sales
$106.85 million
Cash Flow
$1.34 per share
Book Value
$13.73 per share

Miscellaneous

Free Float
53,617,000
Market Cap
$519.91 million
Optionable
Optionable
Beta
1.37

Social Links


Key Executives

  • Bryan Donohoe
    Chief Executive Officer
  • David A. Roth
    President
  • Tae-Sik Yoon
    Chief Financial Officer & Treasurer
  • Anton FeingoldAnton Feingold
    Secretary, Vice President & General Counsel
  • Elaine McKay
    Vice President













ACRE Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACRE shares.
View ACRE analyst ratings
or view top-rated stocks.

What is Ares Commercial Real Estate's stock price forecast for 2023?

6 equities research analysts have issued 12-month price targets for Ares Commercial Real Estate's shares. Their ACRE share price forecasts range from $9.00 to $14.00. On average, they anticipate the company's stock price to reach $11.57 in the next year. This suggests a possible upside of 21.7% 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 2023?

Ares Commercial Real Estate's stock was trading at $10.29 at the start of the year. Since then, ACRE stock has decreased by 7.6% and is now trading at $9.51.
View the best growth stocks for 2023 here
.

Are investors shorting Ares Commercial Real Estate?

Ares Commercial Real Estate saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,150,000 shares, an increase of 10.1% from the April 30th total of 2,860,000 shares. Based on an average daily trading volume, of 892,600 shares, the days-to-cover ratio is presently 3.5 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 Friday, August 4th 2023.
View our ACRE earnings forecast
.

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

Ares Commercial Real Estate Co. (NYSE:ACRE) announced 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 10.12% and a net margin of 6.54%. During the same period in the prior 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 Tuesday, May 2nd. Stockholders of record on Friday, June 30th will be paid a dividend of $0.35 per share on Tuesday, July 18th. This represents a $1.40 annualized dividend and a yield of 14.72%. The ex-dividend date is Thursday, June 29th.
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 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).

Is Ares Commercial Real Estate a good dividend stock?

Ares Commercial Real Estate (NYSE:ACRE) pays an annual dividend of $1.32 per share and currently has a dividend yield of 13.76%. ACRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 942.86%. 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 97.06% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ACRE.

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).

What is Ares Commercial Real Estate's stock symbol?

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

Who are Ares Commercial Real Estate's major shareholders?

Ares Commercial Real Estate's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.14%), Wellington Management Group LLP (2.10%), Geode Capital Management LLC (1.93%), JPMorgan Chase & Co. (1.76%), Mirae Asset Global Investments Co. Ltd. (1.45%) and Smith Graham & Co. Investment Advisors LP (1.09%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ares Commercial Real Estate's stock price today?

One share of ACRE stock can currently be purchased for approximately $9.51.

How much money does Ares Commercial Real Estate make?

Ares Commercial Real Estate (NYSE:ACRE) has a market capitalization of $519.91 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 $0.14 on an earnings per share basis.

How many employees does Ares Commercial Real Estate have?

The company employs 2,550 workers across the globe.

How can I contact Ares Commercial Real Estate?

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.

This page (NYSE:ACRE) was last updated on 6/6/2023 by MarketBeat.com Staff

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