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Ares Commercial Real Estate Stock Price, Forecast & Analysis (NYSE:ACRE)

$15.40
+0.10 (+0.65 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$15.26
Now: $15.40
$15.44
50-Day Range
$15.06
MA: $15.32
$15.75
52-Week Range
$12.75
Now: $15.40
$15.84
Volume129,994 shs
Average Volume188,462 shs
Market Capitalization$444.60 million
P/E Ratio11.08
Dividend Yield8.63%
Beta0.57
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$118.28 million
Cash Flow$1.35 per share
Book Value$14.75 per share

Profitability

Net Income$38.60 million

Miscellaneous

Employees1,075
Market Cap$444.60 million
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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

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."

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 Friday, July 26th. Shareholders of record on Monday, September 30th will be given a dividend of $0.33 per share on Tuesday, October 15th. This represents a $1.32 dividend on an annualized basis and a yield of 8.57%. The ex-dividend date of this dividend is Friday, September 27th. View Ares Commercial Real Estate's Dividend History.

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

Ares Commercial Real Estate Corp (NYSE:ACRE) posted its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.03. The real estate investment trust earned $30.36 million during the quarter, compared to analysts' expectations of $29.10 million. Ares Commercial Real Estate had a net margin of 31.89% and a return on equity of 9.11%. View Ares Commercial Real Estate's Earnings History.

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

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Ares Commercial Real Estate.

What is the consensus analysts' recommendation for Ares Commercial Real Estate?

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

Has Ares Commercial Real Estate been receiving favorable news coverage?

News coverage about ACRE stock has trended very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ares Commercial Real Estate earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Ares Commercial Real Estate.

Are investors shorting Ares Commercial Real Estate?

Ares Commercial Real Estate saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,600,000 shares, an increase of 7.4% from the September 30th total of 1,490,000 shares. Based on an average trading volume of 171,800 shares, the short-interest ratio is currently 9.3 days. Approximately 6.2% of the shares of the company are short sold. View Ares Commercial Real Estate's Current Options Chain.

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

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

Who are Ares Commercial Real Estate's key executives?

Ares Commercial Real Estate's management team includes the folowing 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

Who are Ares Commercial Real Estate's major shareholders?

Ares Commercial Real Estate's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Joel Isaacson & Co. LLC (0.35%), Delphi Management Inc. MA (0.33%), Navellier & Associates Inc (0.24%), Russell Investments Group Ltd. (0.23%), California Public Employees Retirement System (0.22%) and James Investment Research Inc. (0.19%). Company insiders that own Ares Commercial Real Estate stock include James Alan Henderson, Rand Scott April and William Stephen Benjamin. View Institutional Ownership Trends for Ares Commercial Real Estate.

Which major investors are selling Ares Commercial Real Estate stock?

ACRE stock was sold by a variety of institutional investors in the last quarter, including Yorktown Management & Research Co Inc, Meeder Asset Management Inc., Delphi Management Inc. MA, Nisa Investment Advisors LLC, Chicago Equity Partners LLC, Camelot Portfolios LLC and SG Americas Securities LLC. View Insider Buying and Selling for Ares Commercial Real Estate.

Which major investors are buying Ares Commercial Real Estate stock?

ACRE stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Alberta Investment Management Corp, Navellier & Associates Inc, Canton Hathaway LLC, Joel Isaacson & Co. LLC, Campbell & CO Investment Adviser LLC, Rhumbline Advisers and James Investment Research Inc.. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include Rand Scott April and William Stephen Benjamin. View Insider Buying and Selling 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 $15.40.

How big of a company is Ares Commercial Real Estate?

Ares Commercial Real Estate has a market capitalization of $444.60 million and generates $118.28 million in revenue each year. The real estate investment trust earns $38.60 million in net income (profit) each year or $1.39 on an earnings per share basis. Ares Commercial Real Estate employs 1,075 workers across the globe.View Additional Information About Ares Commercial Real Estate.

What is Ares Commercial Real Estate's official website?

The official website for Ares Commercial Real Estate is http://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]


MarketBeat Community Rating for Ares Commercial Real Estate (NYSE ACRE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  271 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  561
MarketBeat's community ratings are surveys of what our community members think about Ares Commercial Real Estate and other stocks. Vote "Outperform" if you believe ACRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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