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NYSE:ACRE

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

$7.74
+0.17 (+2.25%)
(As of 07/26/2024 ET)
Today's Range
$7.59
$7.76
50-Day Range
$6.48
$7.92
52-Week Range
$6.36
$11.24
Volume
330,419 shs
Average Volume
636,066 shs
Market Capitalization
$421.91 million
P/E Ratio
N/A
Dividend Yield
12.92%
Price Target
$8.42

Ares Commercial Real Estate MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.88 Rating Score
Upside/​Downside
8.7% Upside
$8.42 Price Target
Short Interest
Bearish
4.49% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.55
Upright™ Environmental Score
News Sentiment
0.28mentions of Ares Commercial Real Estate in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.30) to $0.70 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.

2.31 out of 5 stars

Finance Sector

603rd out of 898 stocks

Real Estate Investment Trusts Industry

119th out of 181 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

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Ares Commercial Real Estate Posts Wider Loss In Q1
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Ares Commercial Real Estate: Q1 Earnings Snapshot
Ares Commercial Real Estate earnings preview: what to expect
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 7/16 Dividend
6/28/2024
Dividend Payable
7/16/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
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
$8.42
High Stock Price Target
$11.50
Low Stock Price Target
$7.00
Potential Upside/Downside
+8.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.88
Research Coverage
8 Analysts

Profitability

Net Income
$-38,870,000.00
Pretax Margin
-54.78%

Debt

Sales & Book Value

Annual Sales
$88.96 million
Cash Flow
$1.01 per share
Book Value
$11.56 per share

Miscellaneous

Free Float
52,981,000
Market Cap
$421.91 million
Optionable
Optionable
Beta
1.46

Social Links

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Key Executives


ACRE Stock Analysis - Frequently Asked Questions

How have ACRE shares performed this year?

Ares Commercial Real Estate's stock was trading at $10.36 at the beginning of 2024. Since then, ACRE stock has decreased by 25.3% and is now trading at $7.74.
View the best growth stocks for 2024 here
.

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

Ares Commercial Real Estate Co. (NYSE:ACRE) released its quarterly earnings data on Thursday, May, 9th. The real estate investment trust reported ($0.64) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.34. The real estate investment trust earned $18.69 million during the quarter, compared to analysts' expectations of $43.77 million. Ares Commercial Real Estate had a negative net margin of 54.60% and a positive trailing twelve-month return on equity of 0.84%.

Who are Ares Commercial Real Estate's major shareholders?

Ares Commercial Real Estate's top institutional investors include Bank of New York Mellon Corp (0.38%), Access Investment Management LLC (0.16%), Curated Wealth Partners LLC (0.04%) and Nisa Investment Advisors LLC (0.04%). 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.

What other stocks do shareholders of Ares Commercial Real Estate own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and New York Mortgage Trust (NYMT).

This page (NYSE:ACRE) was last updated on 7/26/2024 by MarketBeat.com Staff

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