NYSE:ACRE - Ares Commercial Real Estate Stock Price, News, Headlines & Rumors

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 27th. Investors of record on Friday, September 28th will be given a dividend of $0.29 per share on Tuesday, October 16th. This represents a $1.16 annualized dividend and a dividend yield of 8.23%. The ex-dividend date is Thursday, September 27th. This is an increase from Ares Commercial Real Estate's previous quarterly dividend of $0.28. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) issued its earnings results on Thursday, July, 26th. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.03. The real estate investment trust earned $29.60 million during the quarter, compared to analyst estimates of $27.30 million. Ares Commercial Real Estate had a net margin of 32.36% and a return on equity of 8.85%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Ares Commercial Real Estate.

6 Wall Street analysts have issued 1 year target prices for Ares Commercial Real Estate's shares. Their predictions range from $14.00 to $15.00. On average, they anticipate Ares Commercial Real Estate's share price to reach $14.25 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Ares Commercial Real Estate.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Commercial Real Estate.

Some companies that are related to Ares Commercial Real Estate include Agree Realty (ADC), Industrial Logistics Properties Trust (ILPT), Safestore (SFSHF), Global Net Lease (GNL), Summit Hotel Properties (INN), Caretrust REIT (CTRE), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Monmouth R.E. Inv. Corp. Class A (MNR), Redwood Trust (RWT), Saul Centers (BFS), TIER REIT (TIER), PennyMac Mortgage Investment Trust (PMT), CYRELA BRAZIL R/S (CYRBY) and TPG RE Finance Trust (TRTX).

Media coverage about ACRE stock has trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ares Commercial Real Estate earned a daily sentiment score of 0.09 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 46.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Ares Commercial Real Estate.

Ares Commercial Real Estate's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.91%), Boston Partners (8.12%), Telemus Capital LLC (2.03%), Acadian Asset Management LLC (1.57%), Millennium Management LLC (1.10%) and Bank of America Corp DE (0.94%). 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 California Public Employees Retirement System, LSV Asset Management, Advisors Capital Management LLC, Bank of America Corp DE, Clear Harbor Asset Management LLC, Raymond James & Associates, Bank of New York Mellon Corp and Nisa Investment Advisors LLC. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Resource America Inc., BlackRock Inc., Millennium Management LLC, Dupont Capital Management Corp, Boston Partners, Renaissance Technologies LLC and Telemus Capital 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 $14.09.

Ares Commercial Real Estate has a market capitalization of $398.91 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]