Ares Commercial Real Estate Corp Company Profile (NYSE:ACRE)

About Ares Commercial Real Estate Corp (NYSE:ACRE)

Ares Commercial Real Estate Corp logoAres Commercial Real Estate Corporation is a specialty finance company. The Company is primarily engaged in originating and investing in commercial real estate (CRE) loans and related investments. The Company operates through principal lending segment. Its target investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities, including commercial mortgage-backed securities. These investments are generally held for investment and are secured, directly or indirectly, by office, multifamily, retail, industrial, lodging, senior-living, self-storage and other commercial real estate properties, or by ownership interests therein. Through the Company's manager, Ares Commercial Real Estate Management LLC, it has investment professionals located across the United States and Europe who directly source loan opportunities for the Company with owners, operators and sponsors of CRE properties.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Mortgage REITs
  • Symbol: NYSE:ACRE
  • CUSIP: 04013V10
  • Web: www.arescre.com
Capitalization:
  • Market Cap: $374.08 million
  • Outstanding Shares: 28,469,000
Average Prices:
  • 50 Day Moving Avg: $13.44
  • 200 Day Moving Avg: $13.50
  • 52 Week Range: $11.38 - $14.39
P/E:
  • Trailing P/E Ratio: 8.98
  • Foreward P/E Ratio: 10.77
  • P/E Growth: 2.43
Sales & Book Value:
  • Annual Revenue: $45.22 million
  • Price / Sales: 8.27
  • Book Value: $14.68 per share
  • Price / Book: 0.90
Dividend:
  • Annual Dividend: $1.04
  • Dividend Yield: 8.3%
Profitability:
  • Net Margins: 54.20%
  • Return on Equity: 6.34%
  • Return on Assets: 2.04%
Debt:
  • Debt-to-Equity Ratio: 2.33%
Misc:
  • Average Volume: 136,252 shs.
  • Beta: 0.78
  • Short Ratio: 1.23
 

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

What is Ares Commercial Real Estate Corp's stock symbol?

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

How often does Ares Commercial Real Estate Corp pay dividends? What is the dividend yield for Ares Commercial Real Estate Corp?

Ares Commercial Real Estate Corp announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Friday, June 30th will be paid a dividend of $0.27 per share on Monday, July 17th. This represents a $1.08 annualized dividend and a dividend yield of 8.22%. The ex-dividend date is Wednesday, June 28th. View Ares Commercial Real Estate Corp's Dividend History.

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

Ares Commercial Real Estate Corp (NYSE:ACRE) announced its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.02. The firm had revenue of $21.13 million for the quarter, compared to the consensus estimate of $11.81 million. Ares Commercial Real Estate Corp had a net margin of 54.20% and a return on equity of 6.34%. During the same period last year, the firm earned $0.18 EPS. View Ares Commercial Real Estate Corp's Earnings History.

When will Ares Commercial Real Estate Corp make its next earnings announcement?

Ares Commercial Real Estate Corp is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Ares Commercial Real Estate Corp.

Where is Ares Commercial Real Estate Corp's stock going? Where will Ares Commercial Real Estate Corp's stock price be in 2017?

6 brokers have issued twelve-month price targets for Ares Commercial Real Estate Corp's stock. Their predictions range from $13.00 to $14.75. On average, they anticipate Ares Commercial Real Estate Corp's stock price to reach $13.90 in the next twelve months. View Analyst Ratings for Ares Commercial Real Estate Corp.

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

Who owns Ares Commercial Real Estate Corp stock?

Ares Commercial Real Estate Corp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Partners (7.42%), Delphi Financial Group Inc. (5.16%), Vanguard Group Inc. (0.00%), Acadian Asset Management LLC (2.97%), Alliancebernstein L.P. (0.00%) and Morgan Stanley (0.00%). Company insiders that own Ares Commercial Real Estate Corp stock include Caroline Blakely, James E Skinner, Michael J Arougheti and Robert L Rosen. View Institutional Ownership Trends for Ares Commercial Real Estate Corp.

Who sold Ares Commercial Real Estate Corp stock? Who is selling Ares Commercial Real Estate Corp stock?

Ares Commercial Real Estate Corp's stock was sold by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Alliancebernstein L.P., Acadian Asset Management LLC, Morgan Stanley, Wells Fargo & Company MN, State Board of Administration of Florida Retirement System, Neuberger Berman Group LLC and Prudential Financial Inc.. View Insider Buying and Selling for Ares Commercial Real Estate Corp.

Who bought Ares Commercial Real Estate Corp stock? Who is buying Ares Commercial Real Estate Corp stock?

Ares Commercial Real Estate Corp's stock was purchased by a variety of institutional investors in the last quarter, including Clough Capital Partners L P, Telemus Capital LLC, Thrivent Financial For Lutherans, Vanguard Group Inc., Joel Isaacson & Co. LLC, Relative Value Partners Group LLC, Signia Capital Management LLC and Nomura Holdings Inc.. Company insiders that have bought Ares Commercial Real Estate Corp stock in the last two years include James E Skinner, Michael J Arougheti and Robert L Rosen. View Insider Buying and Selling for Ares Commercial Real Estate Corp.

How do I buy Ares Commercial Real Estate Corp stock?

Shares of Ares Commercial Real Estate Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ares Commercial Real Estate Corp stock cost?

One share of Ares Commercial Real Estate Corp stock can currently be purchased for approximately $13.14.

Analyst Ratings

Consensus Ratings for Ares Commercial Real Estate Corp (NYSE:ACRE) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $13.90 (5.78% upside)

Analysts' Ratings History for Ares Commercial Real Estate Corp (NYSE:ACRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$13.75HighView Rating Details
12/15/2016Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
11/22/2016FBR & CoBoost Price TargetOutperform$14.00 -> $14.75N/AView Rating Details
11/4/2016JPMorgan Chase & Co.Reiterated RatingBuy$14.00N/AView Rating Details
9/9/2016Credit Suisse Group AGReiterated RatingHold$13.00N/AView Rating Details
8/11/2016Citigroup IncBoost Price TargetBuy$12.00 -> $14.00N/AView Rating Details
3/2/2016JMP SecuritiesLower Price Target$13.50 -> $12.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Ares Commercial Real Estate Corp (NYSE:ACRE)
Earnings by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)
Earnings History by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/2/2017Q1 2017$0.26$0.24$11.81 million$21.13 millionViewListenView Earnings Details
3/7/2017Q4 2016$0.28$0.28$13.49 million$12.61 millionViewListenView Earnings Details
11/3/2016Q316$0.32$0.31$16.49 million$20.78 millionViewN/AView Earnings Details
8/4/2016Q216$0.27$0.21$20.10 million$10.51 millionViewN/AView Earnings Details
5/5/2016Q116$0.24$0.18$19.37 million$15.01 millionViewN/AView Earnings Details
3/1/2016Q415$0.27$0.31$20.96 million$12.50 millionViewN/AView Earnings Details
11/5/2015Q315$0.28$0.33$20.50 million$23.92 millionViewN/AView Earnings Details
7/30/2015Q215$0.27$0.31$20.90 million$12.31 millionViewListenView Earnings Details
5/7/2015Q115$0.22$0.25$15.18 million$18.44 millionViewN/AView Earnings Details
3/5/2015Q414$0.29$0.31$29.03 million$20.79 millionViewN/AView Earnings Details
11/10/2014Q214$0.22$0.14$21.02 million$15.04 millionViewN/AView Earnings Details
8/6/2014Q114$0.21$0.23$13.92 million$19.17 millionViewN/AView Earnings Details
5/7/2014Q1$0.20$0.17$12.50 million$15.44 millionViewN/AView Earnings Details
3/17/2014Q413$0.20$0.15$8.72 million$8.59 millionViewN/AView Earnings Details
11/13/2013Q3$0.13$0.08$9.00 millionViewListenView Earnings Details
8/7/2013Q2 2013$0.13$0.12$7.25 millionViewN/AView Earnings Details
5/15/2013Q113$0.20$0.16$4.92 millionViewN/AView Earnings Details
4/1/2013Q412$0.20$0.12$4.17 millionViewN/AView Earnings Details
11/7/2012Q312$0.12($0.05)$3.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ares Commercial Real Estate Corp (NYSE:ACRE)
Current Year EPS Consensus Estimate: $1.07 EPS
Next Year EPS Consensus Estimate: $1.22 EPS

Dividends

Current Dividend Information for Ares Commercial Real Estate Corp (NYSE:ACRE)
Next Dividend:7/17/2017
Annual Dividend:$1.04
Dividend Yield:7.91%
Dividend Growth:1.00% (3 Year Average)
Payout Ratio:71.72% (Trailing 12 Months of Earnings)
97.20% (Based on This Year's Estimates)
85.25% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)

Dividend History by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2017quarterly$0.278.24%6/28/20176/30/20177/17/2017
3/8/2017quarterly$0.278.23%3/29/20173/31/20174/17/2017
11/3/2016quarterly$0.268.29%12/28/201612/30/20161/17/2017
8/4/2016quarterly$0.268.13%9/28/20169/30/201610/17/2016
5/6/2016quarterly$0.268.98%6/28/20166/30/20167/15/2016
3/2/2016quarterly$0.2610.26%3/29/20163/31/20164/15/2016
11/6/2015quarterly$0.257.93%12/29/201512/31/20151/19/2016
7/31/2015quarterly$0.258.03%9/28/20159/30/201510/15/2015
5/8/2015quarterly$0.258.64%6/26/20156/30/20157/15/2015
3/6/2015quarterly$0.258.59%3/27/20153/31/20154/15/2015
11/11/2014quarterly$0.258.37%12/29/201412/31/20141/15/2015
11/10/2014quarterly$0.2510/15/201411/10/2014
8/6/2014quarterly$0.258.1%9/26/20149/30/201410/15/2014
5/7/2014quarterly$0.258.14%6/26/20146/30/20147/16/2014
3/17/2014quarterly$0.257.42%3/27/20143/31/20144/16/2014
11/13/2013quarterly$0.257.41%12/27/201312/31/20131/22/2014
8/7/2013quarterly$0.257.91%9/26/20139/30/201310/17/2013
5/15/2013quarterly$0.255.98%6/26/20136/28/20137/18/2013
3/14/2013quarterly$0.255.97%4/4/20134/8/20134/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ares Commercial Real Estate Corp (NYSE:ACRE)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 64.94%
Insider Trades by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)
Institutional Ownership by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)
Insider Trades by Quarter for Ares Commercial Real Estate Corp (NYSE:ACRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/10/2017Robert L RosenInsiderBuy10,000$13.04$130,400.00View SEC Filing  
5/9/2017Michael J AroughetiDirectorBuy30,000$13.16$394,800.00View SEC Filing  
5/8/2017Michael J AroughetiDirectorBuy19,722$13.20$260,330.40View SEC Filing  
5/4/2017James E SkinnerDirectorBuy3,860$12.95$49,987.00View SEC Filing  
3/14/2017James E SkinnerDirectorBuy1,960$12.78$25,048.80View SEC Filing  
9/14/2016Robert L RosenCEOBuy10,000$12.35$123,500.00View SEC Filing  
8/26/2016Caroline BlakelyDirectorSell3,200$12.46$39,872.00View SEC Filing  
8/25/2016James E SkinnerDirectorBuy2,000$12.52$25,040.00View SEC Filing  
5/12/2015Todd SchusterCEOBuy7,500$11.60$87,000.00View SEC Filing  
5/11/2015Todd SchusterCEOBuy5,000$11.60$58,000.00View SEC Filing  
8/21/2014Todd SchusterCEOBuy10,000$12.39$123,900.00View SEC Filing  
8/20/2013Todd SchusterCEOBuy15,000$12.29$184,350.00View SEC Filing  
6/20/2013Bruce R CohenCOOBuy25,000$13.50$337,500.00View SEC Filing  
6/20/2013Michael D WeinerGeneral CounselBuy11,111$13.50$149,998.50View SEC Filing  
6/20/2013Paul G JoubertDirectorBuy20,000$13.50$270,000.00View SEC Filing  
6/20/2013Todd SchusterCEOBuy30,000$13.50$405,000.00View SEC Filing  
8/30/2012Bruce R CohenCOOBuy5,000$16.68$83,400.00View SEC Filing  
8/24/2012Robert L RosenDirectorBuy5,000$16.49$82,450.00View SEC Filing  
8/21/2012John BartlingCEOBuy4,400$16.48$72,512.00View SEC Filing  
8/15/2012Michael J AroughetiDirectorBuy46,800$16.44$769,392.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ares Commercial Real Estate Corp (NYSE:ACRE)
Latest Headlines for Ares Commercial Real Estate Corp (NYSE:ACRE)
Source:
DateHeadline
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 8:22 AM
americanbankingnews.com logoRobert L. Rosen Acquires 10,000 Shares of Ares Commercial Real Estate Corp (ACRE) Stock
www.americanbankingnews.com - May 11 at 8:26 PM
americanbankingnews.com logoMichael J. Arougheti Buys 19,722 Shares of Ares Commercial Real Estate Corp (ACRE) Stock
www.americanbankingnews.com - May 10 at 11:25 PM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Director Michael J. Arougheti Purchases 30,000 Shares
www.americanbankingnews.com - May 10 at 11:22 PM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 9 at 5:02 PM
americanbankingnews.com logoInsider Buying: Ares Commercial Real Estate Corp (ACRE) Director Acquires 3,860 Shares of Stock
www.americanbankingnews.com - May 8 at 9:58 AM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 3 at 2:35 PM
americanbankingnews.com logo Analysts Anticipate Ares Commercial Real Estate Corp (ACRE) to Announce $0.25 EPS
www.americanbankingnews.com - May 3 at 9:43 AM
reuters.com logoBRIEF-Ares Commercial Real Estate Corp reports Q1 earnings per share $0.23
www.reuters.com - May 3 at 6:46 AM
rttnews.com logoEARNINGS SUMMARY: Details of Ares Commercial Real Estate Corp Q1 Earnings Report
www.rttnews.com - May 3 at 6:46 AM
seekingalpha.com logoAres Commercial Real Estate Corporation 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 3 at 6:46 AM
finance.yahoo.com logoEdited Transcript of ACRE earnings conference call or presentation 2-May-17 4:00pm GMT
finance.yahoo.com - May 3 at 6:46 AM
finance.yahoo.com logoAres Commercial Real Estate Corporation Reports First Quarter 2017 Results
finance.yahoo.com - May 2 at 3:23 PM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Declares $0.27 Quarterly Dividend
www.americanbankingnews.com - May 2 at 12:45 PM
americanbankingnews.com logoFavorable News Coverage Extremely Likely to Impact Ares Commercial Real Estate Corp (ACRE) Share Price
www.americanbankingnews.com - May 2 at 7:52 AM
marketbeat.com logoAres Commercial Real Estate posts 1Q profit
marketbeat.com - May 2 at 6:55 AM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:12 AM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Earning Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 29 at 8:47 AM
finance.yahoo.com logoJamie Henderson Joins Ares Management, L.P. as Partner in the Ares Real Estate ...
finance.yahoo.com - April 27 at 8:39 PM
finance.yahoo.com logoJamie Henderson Joins Ares Management, L.P. as Partner in the Ares Real Estate Group and Co-Head of Ares Real Estate Debt and is Appointed as President and Chief Investment Officer of Ares Commercial Real Estate Corporation
finance.yahoo.com - April 27 at 8:39 PM
finance.yahoo.com logoAres Commercial Real Estate Corporation Schedules Earnings Release for the First Quarter 2017
finance.yahoo.com - April 26 at 3:27 PM
americanbankingnews.com logoPositive Media Coverage Likely to Affect Ares Commercial Real Estate Corp (ACRE) Stock Price
www.americanbankingnews.com - April 26 at 9:24 AM
americanbankingnews.com logoFavorable Press Coverage Likely to Affect Ares Commercial Real Estate Corp (ACRE) Share Price
www.americanbankingnews.com - April 21 at 8:17 AM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Receiving Very Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 18 at 10:44 AM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Expected to Post Quarterly Sales of $11.81 Million
www.americanbankingnews.com - April 14 at 2:38 PM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Receives Media Sentiment Score of 0.34
www.americanbankingnews.com - April 13 at 1:28 PM
americanbankingnews.com logo Brokerages Anticipate Ares Commercial Real Estate Corp (ACRE) to Announce $0.25 EPS
www.americanbankingnews.com - April 12 at 7:51 AM
seekingalpha.com logoAres Commercial Real Estate goes ex-dividend tomorrow
seekingalpha.com - March 29 at 3:25 PM
seekingalpha.com logoAres Commercial Real Estate Corporation 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 9 at 1:24 AM
americanbankingnews.com logoAres Commercial Real Estate Corp (ACRE) Raises Dividend to $0.27 Per Share
www.americanbankingnews.com - March 8 at 10:04 PM
finance.yahoo.com logoEdited Transcript of ACRE earnings conference call or presentation 7-Mar-17 5:00pm GMT
finance.yahoo.com - March 8 at 1:23 AM
us.rd.yahoo.com logo6:23 am Ares Commercial Real Estate reports EPS in-line, misses on revs; increases dividend
us.rd.yahoo.com - March 7 at 3:20 PM
biz.yahoo.com logoQ4 2016 Ares Commercial Real Estate Corp Earnings Release - Before Market Open
biz.yahoo.com - March 7 at 3:20 PM
finance.yahoo.com logoAres Commercial Real Estate Corporation Schedules Earnings Release for the Fourth Quarter and Full-Year 2016
finance.yahoo.com - February 28 at 7:47 AM
finance.yahoo.com logoAres Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2016
finance.yahoo.com - January 31 at 3:21 PM
finance.yahoo.com logoAres Commercial Real Estate downgraded by BofA/Merrill
finance.yahoo.com - December 15 at 3:23 PM
seekingalpha.com logoAres Has Yield And Stability
seekingalpha.com - November 30 at 3:20 PM
seekingalpha.com logoAres Commercial Real Estate Corporation 2016 Q3 - Results - Earnings Call Slides
seekingalpha.com - November 5 at 11:26 AM
finance.yahoo.com logoEdited Transcript of ACRE earnings conference call or presentation 3-Nov-16 4:00pm GMT
finance.yahoo.com - November 4 at 1:53 PM
biz.yahoo.com logoQ3 2016 Ares Commercial Real Estate Corp Earnings Release - Before Market Open
biz.yahoo.com - November 3 at 12:59 PM
seekingalpha.com logoInvest In This Balance Sheet Lender That Yields 11.3%
seekingalpha.com - October 24 at 8:03 AM
finance.yahoo.com logoAres Commercial Real Estate Closes $159M Loan Commitment
finance.yahoo.com - October 11 at 3:18 PM
finance.yahoo.com logoWhy You Shouldn't Bet Against Ares Commercial Real Estate (ACRE) Stock
finance.yahoo.com - October 6 at 3:16 PM
finance.yahoo.com logoBarings Real Estate Advisers Completes Acquisition of ACRE Capital Holdings LLC
finance.yahoo.com - October 3 at 8:04 AM
seekingalpha.com logoAres Commercial Real Estate goes ex-dividend today
seekingalpha.com - September 28 at 3:16 PM
biz.yahoo.com logoARES COMMERCIAL REAL ESTATE CORP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - September 27 at 7:22 AM
finance.yahoo.com logoAres Commercial Real Estate Corporation to Present at the JMP 2016 Financial Services and Real Estate Conference
finance.yahoo.com - September 21 at 10:59 AM
seekingalpha.com logoAres Commercial Real Estate closes new deals
seekingalpha.com - September 14 at 9:49 AM
seekingalpha.com logoAres Management: Insider Buying And Great Value For This Attractive Yielder
seekingalpha.com - September 12 at 8:03 AM
seekingalpha.com logoAres Management: Large Insider Buying For This Attractive Yielder
seekingalpha.com - September 10 at 8:03 AM

Social

Chart

Ares Commercial Real Estate Corp (ACRE) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff