Log in
NYSE:ACRE

Ares Commercial Real Estate Stock Forecast, Price & News

$9.36
+0.15 (+1.63 %)
(As of 10/23/2020 12:00 AM ET)
Add
Compare
Today's Range
$9.16
Now: $9.36
$9.46
50-Day Range
$9.11
MA: $9.60
$10.19
52-Week Range
$2.78
Now: $9.36
$17.72
Volume126,759 shs
Average Volume230,466 shs
Market Capitalization$313.00 million
P/E Ratio24.00
Dividend Yield14.44%
Beta1.25
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of commercial real estate (CRE) properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments. Ares Commercial Real Estate Corporation 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 Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.
Read More
Ares Commercial Real Estate logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.74 out of 5 stars

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP04013V10
Phone212-750-7300
Employees1,200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$114.78 million
Cash Flow$1.22 per share
Book Value$13.00 per share

Profitability

Net Income$36.99 million

Miscellaneous

Market Cap$313.00 million
Next Earnings Date10/29/2020 (Confirmed)
OptionableOptionable
$9.36
+0.15 (+1.63 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive ACRE News and Ratings via Email

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

speech bubbles
speech bubbles











Ares Commercial Real Estate (NYSE:ACRE) Frequently Asked Questions

How has Ares Commercial Real Estate's stock been impacted by Coronavirus?

Ares Commercial Real Estate's stock was trading at $13.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ACRE stock has decreased by 31.0% and is now trading at $9.36.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Ares Commercial Real Estate?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ares Commercial Real Estate
.

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

Ares Commercial Real Estate is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Ares Commercial Real Estate
.

How can I listen to Ares Commercial Real Estate's earnings call?

Ares Commercial Real Estate will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Ares Commercial Real Estate Corp (NYSE:ACRE) issued its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.04. Ares Commercial Real Estate had a net margin of 10.54% and a return on equity of 8.94%.
View Ares Commercial Real Estate's earnings history
.

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 Wednesday, September 16th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.33 per share on Thursday, October 15th. This represents a $1.32 annualized dividend and a dividend yield of 14.10%. The ex-dividend date of this dividend is Tuesday, September 29th.
View Ares Commercial Real Estate's dividend history
.

What price target have analysts set for ACRE?

5 brokers have issued 12-month price targets for Ares Commercial Real Estate's shares. Their forecasts range from $9.00 to $16.50. On average, they anticipate Ares Commercial Real Estate's share price to reach $11.40 in the next year. This suggests a possible upside of 21.8% from the stock's current price.
View analysts' price targets for Ares Commercial Real Estate
.

Are investors shorting Ares Commercial Real Estate?

Ares Commercial Real Estate saw a increase in short interest in September. As of September 15th, there was short interest totaling 595,800 shares, an increase of 15.8% from the August 31st total of 514,300 shares. Based on an average daily volume of 336,000 shares, the days-to-cover ratio is currently 1.8 days.
View Ares Commercial Real Estate's Short Interest
.

Who are some of Ares Commercial Real Estate's key competitors?

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 key executives?

Ares Commercial Real Estate's management team includes the following people:
  • Mr. James Alan Henderson, Pres, CEO, Chief Investment Officer & Director (Age 49)
  • Mr. Tae-Sik Yoon, CFO & Treasurer (Age 52)
  • Mr. Don Haisch, Chief Accounting Officer
  • Mr. Carl G. Drake C.F.A., CFA, Partner/Head of Public Investor Relations & Communications
  • Ms. Michele Brancati, Investor Relations Contact

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 number of retail and institutional investors. Top institutional investors include LSV Asset Management (0.97%), Joel Isaacson & Co. LLC (0.34%), Nisa Investment Advisors LLC (0.12%) and Concorde Asset Management LLC (0.03%). Company insiders that own Ares Commercial Real Estate stock include Anton Feingold, James Alan Henderson, Michael J Arougheti, Rand Scott April and William Stephen Benjamin.
View institutional ownership trends for Ares Commercial Real Estate
.

Which institutional investors are buying Ares Commercial Real Estate stock?

ACRE stock was acquired by a variety of institutional investors in the last quarter, including Concorde Asset Management LLC, LSV Asset Management, Nisa Investment Advisors LLC, and Joel Isaacson & Co. LLC. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include Anton Feingold, Michael J Arougheti, Rand Scott April, and William Stephen Benjamin.
View insider buying and selling activity for Ares Commercial Real Estate
.

How do I buy shares of Ares Commercial Real Estate?

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

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

One share of ACRE stock can currently be purchased for approximately $9.36.

How big of a company is Ares Commercial Real Estate?

Ares Commercial Real Estate has a market capitalization of $313.00 million and generates $114.78 million in revenue each year. The real estate investment trust earns $36.99 million in net income (profit) each year or $1.34 on an earnings per share basis. Ares Commercial Real Estate employs 1,200 workers across the globe.

What is Ares Commercial Real Estate's official website?

The official website for Ares Commercial Real Estate is www.arescre.com.

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 real estate investment trust can be reached via phone at 212-750-7300 or via email at [email protected]

This page was last updated on 10/25/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.