NYSE:ACRE Ares Commercial Real Estate (ACRE) Stock Forecast, Price & News $9.76 +0.25 (+2.63%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$9.50▼$9.8850-Day Range$7.76▼$9.5952-Week Range$7.52▼$14.44Volume634,913 shsAverage Volume811,061 shsMarket Capitalization$533.58 millionP/E Ratio69.71Dividend Yield13.52%Price Target$11.57 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ares Commercial Real Estate MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside18.6% Upside$11.57 Price TargetShort InterestBearish5.76% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.55Upright™ Environmental ScoreNews Sentiment1.12Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth29.52%From $1.05 to $1.36 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector429th out of 861 stocksReal Estate Investment Trusts Industry81st out of 188 stocks 2.3 Analyst's Opinion Consensus RatingAres Commercial Real Estate has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.57, Ares Commercial Real Estate has a forecasted upside of 18.6% from its current price of $9.76.Amount of Analyst CoverageAres Commercial Real Estate has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.76% of the outstanding shares of Ares Commercial Real Estate have been sold short.Short Interest Ratio / Days to CoverAres Commercial Real Estate has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ares Commercial Real Estate has recently increased by 10.14%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAres Commercial Real Estate is a leading dividend payer. It pays a dividend yield of 13.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAres Commercial Real Estate does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ares Commercial Real Estate is 942.86%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ares Commercial Real Estate will have a dividend payout ratio of 97.06% in the coming year. This indicates that Ares Commercial Real Estate may not be able to sustain their current dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAres Commercial Real Estate has received a 15.62% net impact score from Upright. Ares Commercial Real Estate seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in office buildings", "Real estate funds investing in industrial, logistics and warehousing buildings", and "Real estate funds investing in rental apartments" products. See details.Environmental SustainabilityThe Environmental Impact score for Ares Commercial Real Estate is -2.55. Previous Next 2.8 News and Social Media Coverage News SentimentAres Commercial Real Estate has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Ares Commercial Real Estate this week, compared to 2 articles on an average week.Search InterestOnly 18 people have searched for ACRE on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Ares Commercial Real Estate to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ares Commercial Real Estate insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.93% of the stock of Ares Commercial Real Estate is held by insiders.Percentage Held by Institutions46.63% of the stock of Ares Commercial Real Estate is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Ares Commercial Real Estate are expected to grow by 29.52% in the coming year, from $1.05 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ares Commercial Real Estate is 69.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Ares Commercial Real Estate is 69.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.39.Price to Book Value per Share RatioAres Commercial Real Estate has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ares Commercial Real Estate (NYSE:ACRE) StockAres 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.Read More Receive ACRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ares Commercial Real Estate and its competitors with MarketBeat's FREE daily newsletter. Email Address ACRE Stock News HeadlinesJune 5, 2023 | seekingalpha.comAres Commercial Real Estate: Substantially Undervalued; High And Stable DividendsMay 24, 2023 | americanbankingnews.comBrokerages Set Ares Commercial Real Estate Co. (NYSE:ACRE) Target Price at $11.17June 6, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS 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!May 19, 2023 | americanbankingnews.comAres Commercial Real Estate (NYSE:ACRE) Now Covered by Analysts at StockNews.comMay 16, 2023 | msn.comAres Commercial Real Estate: CRE Markets Continue To WeakenMay 5, 2023 | americanbankingnews.comJMP Securities Lowers Ares Commercial Real Estate (NYSE:ACRE) Price Target to $11.00May 4, 2023 | finance.yahoo.comAres Commercial Real Estate Corporation (NYSE:ACRE) Q1 2023 Earnings Call TranscriptMay 4, 2023 | seekingalpha.comAres Commercial Real Estate: 3 Takeaways From Q1 2023 EarningsJune 6, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS 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!May 4, 2023 | americanbankingnews.comAres Commercial Real Estate (NYSE:ACRE) PT Lowered to $10.50 at Raymond JamesMay 4, 2023 | americanbankingnews.comStock Traders Purchase Large Volume of Put Options on Ares Commercial Real Estate (NYSE:ACRE)May 3, 2023 | markets.businessinsider.comWhere Ares Comml Real Est Stands With AnalystsMay 3, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Ares Commercial (ACRE), Piper Sandler (PIPR) and Renaissancere Holdings (RNR)May 3, 2023 | finance.yahoo.comQ1 2023 Ares Commercial Real Estate Corp Earnings CallMay 3, 2023 | markets.businessinsider.comAres Commercial (ACRE) Gets a Hold from BTIGMay 2, 2023 | benzinga.comAres Commercial Real Estate shares are trading lower after the company reported worse-than-expected Q1 sales results.May 2, 2023 | msn.comAres Commercial Real Estate Q1 earnings fall in wake of industry challengesMay 1, 2023 | americanbankingnews.comAres Commercial Real Estate (ACRE) Scheduled to Post Earnings on TuesdayApril 29, 2023 | americanbankingnews.comBrokerages Set Ares Commercial Real Estate Co. (NYSE:ACRE) Target Price at $12.08April 28, 2023 | finance.yahoo.comAres Commercial Real Estate (NYSE:ACRE) shareholders have endured a 37% loss from investing in the stock a year agoApril 26, 2023 | americanbankingnews.comAres Commercial Real Estate (NYSE:ACRE) Price Target Cut to $9.00April 25, 2023 | americanbankingnews.comAres Commercial Real Estate (NYSE:ACRE) Downgraded to Neutral at BTIG ResearchApril 23, 2023 | americanbankingnews.comCritical Review: Ares Commercial Real Estate (NYSE:ACRE) vs. Urstadt Biddle Properties (NYSE:UBP)April 21, 2023 | americanbankingnews.comCritical Review: Macerich (NYSE:MAC) & Ares Commercial Real Estate (NYSE:ACRE)April 12, 2023 | americanbankingnews.comTraders Buy Large Volume of Ares Commercial Real Estate Put Options (NYSE:ACRE)April 11, 2023 | finance.yahoo.comAres Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2023April 6, 2023 | americanbankingnews.comAnalysts Set Ares Commercial Real Estate Co. (NYSE:ACRE) Price Target at $13.14See More Headlines ACRE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACRE Company Calendar Last Earnings5/03/2022Ex-Dividend for 4/18 Dividend3/30/2023Dividend Payable4/18/2023Today6/06/2023Ex-Dividend for 7/18 Dividend6/29/2023Dividend Payable7/18/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:ACRE CUSIP04013V10 CIK1529377 Webwww.arescre.com Phone(212) 710-2100Fax212-750-1777Employees2,550Year Founded1997Price 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio67.93 Forward P/E Ratio9.06 P/E GrowthN/ANet Income$29.78 million Net Margins6.54% Pretax Margin6.97% Return on Equity10.12% Return on Assets2.94% Debt Debt-to-Equity Ratio2.20 Current Ratio1.73 Quick Ratio1.73 Sales & Book Value Annual Sales$106.85 million Price / Sales4.87 Cash Flow$1.34 per share Price / Cash Flow7.10 Book Value$13.73 per share Price / Book0.69Miscellaneous Outstanding Shares54,670,000Free Float53,617,000Market Cap$519.91 million OptionableOptionable Beta1.37 Social Links Key ExecutivesBryan DonohoeChief Executive OfficerDavid A. RothPresidentTae-Sik YoonChief Financial Officer & TreasurerAnton FeingoldSecretary, Vice President & General CounselElaine McKayVice PresidentKey CompetitorsInvesco Mortgage CapitalNYSE:IVRDynex CapitalNYSE:DXRedwood TrustNYSE:RWTNew York Mortgage TrustNASDAQ:NYMTARMOUR Residential REITNYSE:ARRView All CompetitorsInsiders & InstitutionsArete Wealth Advisors LLCBought 558,035 shares on 5/22/2023Ownership: 1.021%JPMorgan Chase & Co.Sold 710,067 shares on 5/18/2023Ownership: 1.756%New York State Common Retirement FundSold 9,000 shares on 5/18/2023Ownership: 0.050%Squarepoint Ops LLCBought 4,291 shares on 5/16/2023Ownership: 0.026%Mercer Global Advisors Inc. ADVBought 2,239 shares on 5/16/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ares Commercial Real Estate Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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