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

About Ares Commercial Real Estate Corporation (NYSE:ACRE)

Ares Commercial Real Estate Corporation 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: Mortgage REITs
  • Sub-Industry: Mortgage REITs
  • Symbol: NYSE:ACRE
  • CUSIP: 04013V10
  • Web: www.arescre.com
Capitalization:
  • Market Cap: $387.23 million
  • Outstanding Shares: 28,557,000
Average Prices:
  • 50 Day Moving Avg: $13.31
  • 200 Day Moving Avg: $13.29
  • 52 Week Range: $12.24 - $14.39
P/E:
  • Trailing P/E Ratio: 9.73
  • Foreward P/E Ratio: 11.11
  • P/E Growth: 2.57
Sales & Book Value:
  • Annual Revenue: $45.12 million
  • Price / Sales: 8.58
  • Book Value: $14.60 per share
  • Price / Book: 0.93
Dividend:
  • Annual Dividend: $1.08
  • Dividend Yield: 7.9%
Profitability:
  • Net Margins: 45.06%
  • Return on Equity: 7.07%
  • Return on Assets: 2.03%
Debt:
  • Debt-to-Equity Ratio: 2.95%
Misc:
  • Average Volume: 98,983 shs.
  • Beta: 0.69
  • Short Ratio: 2.37
 

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

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

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

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

Ares Commercial Real Estate Corporation declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, September 29th will be paid a dividend of $0.27 per share on Monday, October 16th. This represents a $1.08 annualized dividend and a yield of 7.96%. The ex-dividend date of this dividend is Thursday, September 28th. View Ares Commercial Real Estate Corporation's Dividend History.

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

Ares Commercial Real Estate Corporation (NYSE:ACRE) issued its earnings results on Thursday, August, 3rd. The company reported $0.24 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.24. The company had revenue of $10.40 million for the quarter, compared to analysts' expectations of $10.85 million. Ares Commercial Real Estate Corporation had a return on equity of 7.07% and a net margin of 45.06%. The business's revenue was down 1.0% compared to the same quarter last year. During the same period last year, the company posted $0.31 EPS. View Ares Commercial Real Estate Corporation's Earnings History.

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

Ares Commercial Real Estate Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Ares Commercial Real Estate Corporation.

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

6 equities research analysts have issued twelve-month target prices for Ares Commercial Real Estate Corporation's stock. Their forecasts range from $14.00 to $14.75. On average, they expect Ares Commercial Real Estate Corporation's share price to reach $14.31 in the next twelve months. View Analyst Ratings for Ares Commercial Real Estate Corporation.

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

Who are Ares Commercial Real Estate Corporation's key executives?

Ares Commercial Real Estate Corporation's management team includes the folowing people:

  • Robert L. Rosen, Chairman of the Board, Interim Co-Chief Executive Officer
  • James A. Henderson, President, Chief Investment Officer
  • John Willis Jardine, Co-Chief Executive Officer, Director
  • Tae-Sik Yoon, Chief Financial Officer
  • Michael D. Weiner, Vice President, General Counsel
  • Michael J. Arougheti, Non-Executive Director
  • Rand Scott April, Independent Director
  • Caroline E. Blakely, Independent Director
  • William L. Browning, Independent Director
  • James E. Skinner, Independent Director

How do I buy Ares Commercial Real Estate Corporation stock?

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

What is Ares Commercial Real Estate Corporation's stock price today?

One share of Ares Commercial Real Estate Corporation stock can currently be purchased for approximately $13.56.


MarketBeat Community Rating for Ares Commercial Real Estate Corporation (NYSE ACRE)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  294
MarketBeat's community ratings are surveys of what our community members think about Ares Commercial Real Estate Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ares Commercial Real Estate Corporation (NYSE:ACRE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $14.31 (5.55% upside)
Consensus Price Target History for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Price Target History for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Analysts' Ratings History for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/17/2017Keefe, Bruyette & WoodsSet Price TargetHold$14.00LowView Rating Details
8/10/2017JMP SecuritiesReiterated RatingOutperform$15.00 -> $14.50MediumView Rating Details
8/4/2017Credit Suisse GroupReiterated RatingHoldHighView Rating Details
12/15/2016Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
11/22/2016FBR & CoBoost Price TargetOutperform$14.00 -> $14.75N/AView Rating Details
11/4/2016J P Morgan Chase & CoReiterated RatingBuy$14.00N/AView Rating Details
8/11/2016Citigroup Inc.Boost Price TargetBuy$12.00 -> $14.00N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Earnings by Quarter for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Earnings History by Quarter for Ares Commercial Real Estate Corporation (NYSE ACRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.29N/AView Earnings Details
8/3/2017Q2 2017$0.24$0.24$10.85 million$10.40 millionViewListenView Earnings Details
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 Corporation (NYSE:ACRE)
Current Year EPS Consensus Estimate: $1.05 EPS
Next Year EPS Consensus Estimate: $1.22 EPS

Dividends

Current Dividend Information for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Most Recent Dividend:10/16/2017
Annual Dividend:$1.08
Dividend Yield:7.96%
Dividend Growth:1.00% (3 Year Average)
Payout Ratio:77.14% (Trailing 12 Months of Earnings)
102.86% (Based on This Year's Estimates)
88.52% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ares Commercial Real Estate Corporation (NYSE:ACRE)

Dividend History by Quarter for Ares Commercial Real Estate Corporation (NYSE ACRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$0.278.26%9/28/20179/29/201710/16/2017
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 Corporation (NYSE:ACRE)
Insider Ownership Percentage: 1.75%
Institutional Ownership Percentage: 65.13%
Insider Trades by Quarter for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Institutional Ownership by Quarter for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Insider Trades by Quarter for Ares Commercial Real Estate Corporation (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 Corporation (NYSE:ACRE)
Latest Headlines for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Source:
DateHeadline
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 19 at 1:24 PM
reuters.com logoBRIEF-Ares Commercial ‍increases size of its board to eight members
www.reuters.com - October 19 at 1:55 AM
finance.yahoo.com logoAres Commercial Real Estate Corporation Appoints Kirk Sykes to Board of Directors
finance.yahoo.com - October 18 at 8:52 PM
bizjournals.com logoSouth San Francisco sees boom in housing pipeline
www.bizjournals.com - October 12 at 3:41 PM
forbes.com logoRisk-Pooled 831(b) Captive Insurance Companies And Bad Practices Take A Beating In Avrahami
www.forbes.com - October 11 at 3:48 PM
americanbankingnews.com logoContrasting Ares Commercial Real Estate Corporation (ACRE) and MFA Financial (MFA)
www.americanbankingnews.com - October 8 at 10:38 AM
americanbankingnews.com logoNew Residential Investment Corp. (NRZ) and Ares Commercial Real Estate Corporation (ACRE) Critical Analysis
www.americanbankingnews.com - October 5 at 12:32 PM
bizjournals.com logoBiggest deal of the year: New Bellevue apartment complex goes for $177M
www.bizjournals.com - October 2 at 3:13 PM
nasdaq.com logoAres Commercial Real Estate Corporation (ACRE) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq
www.nasdaq.com - September 28 at 3:47 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) & Ladder Capital Corp (LADR) Head to Head Comparison
www.americanbankingnews.com - September 25 at 2:18 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 24 at 10:36 AM
americanbankingnews.com logoHead-To-Head Comparison: Cherry Hill Mortgage Investment Corporation (CHMI) vs. Ares Commercial Real Estate Corporation (ACRE)
www.americanbankingnews.com - September 24 at 6:32 AM
bizjournals.com logoCity Park development nabs $30M hotel, retail project
www.bizjournals.com - September 18 at 3:43 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Expected to Announce Quarterly Sales of $11.53 Million
www.americanbankingnews.com - September 15 at 9:10 AM
americanbankingnews.com logoHead to Head Analysis: Capstead Mortgage Corporation (CMO) and Ares Commercial Real Estate Corporation (ACRE)
www.americanbankingnews.com - September 13 at 6:20 AM
americanbankingnews.com logo Analysts Expect Ares Commercial Real Estate Corporation (ACRE) to Announce $0.27 EPS
www.americanbankingnews.com - September 13 at 4:24 AM
americanbankingnews.com logoAnalyzing Capital Trust (BXMT) & Ares Commercial Real Estate Corporation (ACRE)
www.americanbankingnews.com - September 10 at 10:40 AM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 30 at 10:56 AM
bizjournals.com logoNational Asset Services Expands Nationwide Commercial Real Estate Management Portfolio With Addition of Ohio and Texas Properties
www.bizjournals.com - August 25 at 1:29 AM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) PT Set at $14.00 by Keefe, Bruyette & Woods
www.americanbankingnews.com - August 18 at 3:14 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Earns "Outperform" Rating from JMP Securities
www.americanbankingnews.com - August 10 at 11:44 AM
americanbankingnews.com logoAres Commercial Real Estate Corporation (NYSE:ACRE) Price Target Raised to $14.00 at JMP Securities
www.americanbankingnews.com - August 7 at 4:22 PM
americanbankingnews.com logo$0.28 Earnings Per Share Expected for Ares Commercial Real Estate Corporation (NYSE:ACRE) This Quarter
www.americanbankingnews.com - August 7 at 8:16 AM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Earns "Hold" Rating from Credit Suisse Group
www.americanbankingnews.com - August 5 at 9:20 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (NYSE:ACRE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 5 at 10:24 AM
finance.yahoo.com logoEdited Transcript of ACRE earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 5 at 1:34 AM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) to Issue $0.27 Quarterly Dividend
www.americanbankingnews.com - August 3 at 5:46 PM
finance.yahoo.com logoAres Commercial Real Estate Corporation Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 3:55 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) Releases Earnings Results, Meets Expectations
www.americanbankingnews.com - August 3 at 3:22 PM
finance.yahoo.com logoAres Commercial Real Estate Corporation Schedules Earnings Release for the Second Quarter 2017
finance.yahoo.com - July 26 at 3:25 PM
finance.yahoo.com logoAres Commercial Real Estate’s Dividend Curve
finance.yahoo.com - July 26 at 3:25 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (ACRE) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:22 AM
americanbankingnews.com logoHead to Head Survey: Ares Commercial Real Estate Corporation (NYSE:ACRE) & American Capital Mortgage Investment Corp. (MTGE)
www.americanbankingnews.com - July 22 at 6:05 PM
americanbankingnews.com logoAres Commercial Real Estate Corporation (NYSE:ACRE) Expected to Post Quarterly Sales of $10.73 Million
www.americanbankingnews.com - July 20 at 2:35 PM
americanbankingnews.com logo$0.24 Earnings Per Share Expected for Ares Commercial Real Estate Corporation (ACRE) This Quarter
www.americanbankingnews.com - July 18 at 11:35 AM
americanbankingnews.com logoAres Commercial Real Estate Corporation (NYSE:ACRE) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 10:48 AM
seekingalpha.com logoAres Commercial Real Estate Corporation (ACRE) Presents At JMP Securities Financial Services and Real Estate Conference - Slideshow
seekingalpha.com - June 23 at 4:15 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
marketbeat.com logoAres Commercial Real Estate posts 1Q profit
marketbeat.com - May 2 at 6:55 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
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
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
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
seekingalpha.com logoAres Commercial Real Estate goes ex-dividend today
seekingalpha.com - September 28 at 3:16 PM

Social

Chart

Ares Commercial Real Estate Corporation (ACRE) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.