NYSE:ACRE - Ares Commercial Real Estate Stock Price, Price Target & More

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

Ares Commercial Real Estate announced a quarterly dividend on Wednesday, May 2nd. Investors of record on Friday, June 29th will be paid a dividend of $0.28 per share on Tuesday, July 17th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 8.05%. The ex-dividend date is Thursday, June 28th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) announced its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.04. The real estate investment trust had revenue of $27.44 million for the quarter. Ares Commercial Real Estate had a net margin of 32.04% and a return on equity of 8.14%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Ares Commercial Real Estate.

5 equities research analysts have issued 12 month target prices for Ares Commercial Real Estate's shares. Their forecasts range from $14.00 to $14.50. On average, they expect Ares Commercial Real Estate's stock price to reach $14.1250 in the next year. View Analyst Ratings for Ares Commercial Real Estate.

Some companies that are related to Ares Commercial Real Estate include Agree Realty (ADC), Alexander & Baldwin (ALEX), Safestore (SFSHF), National Storage (NSA), Summit Hotel Properties (INN), Washington Prime Group (WPG), Industrial Logistics Properties Trust (ILPT), Four Corners Property Trust (FCPT), Kite Realty Group Trust (KRG), Global Net Lease (GNL), Caretrust REIT (CTRE), Redwood Trust (RWT), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. Corp. Class A (MNR) and CYRELA BRAZIL R/S (CYRBY).

News articles about ACRE stock have trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ares Commercial Real Estate earned a news sentiment score of 0.20 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 46.10 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Ares Commercial Real Estate's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.67%), Boston Partners (7.99%), Neuberger Berman Group LLC (1.16%), Wells Fargo & Company MN (1.11%), Millennium Management LLC (0.91%) and Relative Value Partners Group LLC (0.84%). Company insiders that own Ares Commercial Real Estate stock include Caroline Blakely, James E Skinner, Michael J Arougheti, Robert L Rosen and William Stephen Benjamin. View Institutional Ownership Trends for Ares Commercial Real Estate.

ACRE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Boston Partners, GSA Capital Partners LLP, Wells Fargo & Company MN, KAMES CAPITAL plc, Neuberger Berman Group LLC and California Public Employees Retirement System. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was purchased by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Greenwich Investment Management Inc., Athanor Capital LP, LSV Asset Management, A.R.T. Advisors LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Relative Value Partners Group LLC. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include James E Skinner, Michael J Arougheti, Robert L Rosen and William Stephen Benjamin. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of ACRE stock can currently be purchased for approximately $13.92.

Ares Commercial Real Estate has a market capitalization of $392.95 million and generates $97.54 million in revenue each year. The real estate investment trust earns $30.40 million in net income (profit) each year or $1.11 on an earnings per share basis. Ares Commercial Real Estate employs 1,000 workers across the globe.

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]