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

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

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 8.68%. The ex-dividend date is Friday, September 27th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) released its quarterly earnings results on Friday, July, 26th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.04. The real estate investment trust earned $29.99 million during the quarter, compared to analysts' expectations of $27.80 million. Ares Commercial Real Estate had a net margin of 32.10% and a return on equity of 9.29%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Ares Commercial Real Estate.

2 brokerages have issued 12-month price objectives for Ares Commercial Real Estate's shares. Their predictions range from $14.50 to $14.50. On average, they anticipate Ares Commercial Real Estate's share price to reach $14.50 in the next year. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Ares Commercial Real Estate.

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

News coverage about ACRE stock has trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ares Commercial Real Estate earned a news impact score of -2.8 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Ares Commercial Real Estate.

Ares Commercial Real Estate saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,470,000 shares, an increase of 27.8% from the August 30th total of 1,150,000 shares. Based on an average daily trading volume, of 169,400 shares, the days-to-cover ratio is currently 8.7 days. Currently, 5.7% of the company's stock are short sold. View Ares Commercial Real Estate's Current Options Chain.

Some companies that are related to Ares Commercial Real Estate include PennyMac Mortgage Investment Trust (PMT), Alexander & Baldwin (ALEX), Safestore (SFSHF), Chesapeake Lodging Trust (CHSP), TIER REIT (TIER), NY MTG TR INC/SH (NYMT), Global Net Lease (GNL), Easterly Government Properties (DEA), American Finance Trust (AFIN), Universal Health Realty Income Trust (UHT), Interrent Real Estate Investment Trust (IIPZF), TPG RE Finance Trust (TRTX), Tanger Factory Outlet Centers (SKT), Uniti Group (UNIT) and Brookfield Property Reit (BPR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Commercial Real Estate investors own include Twitter (TWTR), Energy Transfer LP Unit (ET), Ares Capital (ARCC), CBL & Associates Properties (CBL), New Residential Investment (NRZ), Cornerstone Total Return Fund (CRF), AGNC Investment (AGNC), Cherry Hill Mortgage Investment (CHMI), Ladder Capital (LADR) and SandRidge Permian Trust (PER).

Ares Commercial Real Estate's stock is owned by many different of retail and institutional investors. Top institutional investors include Delphi Management Inc. MA (0.33%) and Canton Hathaway LLC (0.05%). 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.

ACRE stock was sold by a variety of institutional investors in the last quarter, including Delphi Management Inc. MA. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was acquired by a variety of institutional investors in the last quarter, including Canton Hathaway LLC. 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.

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.

One share of ACRE stock can currently be purchased for approximately $15.20.

Ares Commercial Real Estate has a market capitalization of $438.82 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.

The official website for Ares Commercial Real Estate is http://www.arescre.com/.

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]