About Ares Commercial Real (NYSE:ACRE)
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, mezzanine loans, real estate preferred equity investments, and other CRE investments. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes under the Internal Revenue Code of 1986. As a REIT, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
SymbolNYSE:ACRE
CUSIP04013V10
Phone212-750-7300
Debt
Debt-to-Equity Ratio3.19%
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio10.90
Forward P/E Ratio9.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$97.54 million
Price / Sales3.57
Cash Flow$1.1384 per share
Price / Cash10.69
Book Value$14.66 per share
Price / Book0.83
Profitability
EPS (Most Recent Fiscal Year)$1.11
Net Income$30.40 million
Net Margins31.17%
Return on Equity7.54%
Return on Assets1.96%
Miscellaneous
Employees1,000
Outstanding Shares28,600,000
Ares Commercial Real (NYSE:ACRE) Frequently Asked Questions
What is Ares Commercial Real's stock symbol?
Ares Commercial Real trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACRE."
How often does Ares Commercial Real pay dividends? What is the dividend yield for Ares Commercial Real?
Ares Commercial Real declared a quarterly dividend on Friday, March 2nd. Investors of record on Thursday, March 29th will be given a dividend of $0.28 per share on Tuesday, April 17th. This represents a $1.12 annualized dividend and a yield of 9.20%. The ex-dividend date of this dividend is Wednesday, March 28th. This is an increase from Ares Commercial Real's previous quarterly dividend of $0.27. View Ares Commercial Real's Dividend History.
How were Ares Commercial Real's earnings last quarter?
Ares Commercial Real (NYSE:ACRE) announced its quarterly earnings results on Thursday, March, 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. The real estate investment trust earned $25.22 million during the quarter, compared to the consensus estimate of $11.35 million. Ares Commercial Real had a net margin of 31.17% and a return on equity of 7.54%. During the same period in the previous year, the business earned $0.28 EPS. View Ares Commercial Real's Earnings History.
When is Ares Commercial Real's next earnings date?
What price target have analysts set for ACRE?
4 brokerages have issued 1-year target prices for Ares Commercial Real's stock. Their predictions range from $14.00 to $14.50. On average, they expect Ares Commercial Real's share price to reach $14.1667 in the next twelve months. View Analyst Ratings for Ares Commercial Real.
Who are some of Ares Commercial Real's key competitors?
Some companies that are related to Ares Commercial Real include Agree Realty (ADC), LTC Properties (LTC), Four Corners Property (FCPT), Industrial Logistics Properties Trust (ILPT), National Storage (NSA), Kite Realty Group Trust (KRG), Global Net Lease (GNL), Monmouth Real Estate Investment (MNR), TPG Real Estate Finance Trust (TRTX), Redwood Trust (RWT), Washington Prime Group (WPG), Saul Centers (BFS), KKR Real Estate Finance Trust (KREF), Pennymac Mortgage Investment (PMT) and Hannon Armstrong (HASI).
Who are Ares Commercial Real's key executives?
Ares Commercial Real's management team includes the folowing people:
- Mr. Tae-Sik Yoon, Partner, CFO & Treasurer (Age 51)
- Mr. John B. Jardine, Partner (Age 65)
- Mr. James Alan Henderson, Pres, CEO, Chief Investment Officer & Director (Age 48)
- Mr. Don Haisch, Chief Accounting Officer
- Mr. Carl G. Drake CFA, Partner/Head of Public Investor Relations & Communications
Has Ares Commercial Real been receiving favorable news coverage?
News stories about ACRE stock have trended positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ares Commercial Real earned a media sentiment score of 0.42 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 43.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
How do I buy shares of Ares Commercial Real?
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.
What is Ares Commercial Real's stock price today?
One share of ACRE stock can currently be purchased for approximately $12.17.
How big of a company is Ares Commercial Real?
Ares Commercial Real has a market capitalization of $348.62 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 employs 1,000 workers across the globe.
How can I contact Ares Commercial Real?
Ares Commercial Real'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 (ACRE)
MarketBeat's community ratings are surveys of what our community members think about Ares Commercial Real 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.
Ares Commercial Real (NYSE:ACRE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for Ares Commercial Real in the last 12 months. Their average twelve-month price target is $14.1667, suggesting that the stock has a possible upside of 16.41%. The high price target for ACRE is $14.50 and the low price target for ACRE is $14.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Hold |
| Consensus Rating Score: | 2.50 | 2.50 | 2.50 | 2.33 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $14.1667 | $14.1667 | $14.1667 | $14.3125 |
| Price Target Upside: | 16.41% upside | 12.88% upside | 12.88% upside | 9.01% upside |
Ares Commercial Real (NYSE:ACRE) Consensus Price Target History
Ares Commercial Real (NYSE:ACRE) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Ares Commercial Real (NYSE:ACRE) Dividend Information
Ares Commercial Real pays an annual dividend of $1.12 per share, with a dividend yield of 9.20%. ACRE's most recent quarterly dividend payment was Tuesday, April 17. The company has grown its dividend for the last 2 consecutive years and is increasing its dividend by an average of 2.30% each year. Ares Commercial Real pays out 100.90% of its earnings out as a dividend.
| Most Recent Dividend: | 4/17/2018 |
| Annual Dividend: | $1.12 |
| Dividend Yield: | 9.20% |
| Dividend Growth: | 2.30% (3 Year Average) |
| Payout Ratio: | 100.90% (Trailing 12 Months of Earnings)
90.32% (Based on This Year's Estimates)
90.32% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Ares Commercial Real (NYSE:ACRE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/2/2018 | quarterly | $0.28 | 9.09% | 3/28/2018 | 3/29/2018 | 4/17/2018 |
| 11/1/2017 | Quarterly | $0.27 | 8.28% | 12/28/2017 | 12/29/2017 | 1/16/2018 |
| 8/3/2017 | quarterly | $0.27 | 8.26% | 9/28/2017 | 9/29/2017 | 10/16/2017 |
| 5/2/2017 | quarterly | $0.27 | 8.24% | 6/28/2017 | 6/30/2017 | 7/17/2017 |
| 3/8/2017 | quarterly | $0.27 | 8.23% | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 11/3/2016 | quarterly | $0.26 | 8.29% | 12/28/2016 | 12/30/2016 | 1/17/2017 |
| 8/4/2016 | quarterly | $0.26 | 8.13% | 9/28/2016 | 9/30/2016 | 10/17/2016 |
| 5/6/2016 | quarterly | $0.26 | 8.98% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 3/2/2016 | quarterly | $0.26 | 10.26% | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 11/6/2015 | quarterly | $0.25 | 7.93% | 12/29/2015 | 12/31/2015 | 1/19/2016 |
| 7/31/2015 | quarterly | $0.25 | 8.03% | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 5/8/2015 | quarterly | $0.25 | 8.64% | 6/26/2015 | 6/30/2015 | 7/15/2015 |
| 3/6/2015 | quarterly | $0.25 | 8.59% | 3/27/2015 | 3/31/2015 | 4/15/2015 |
| 11/11/2014 | quarterly | $0.25 | 8.37% | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 11/10/2014 | quarterly | $0.25 | | | 10/15/2014 | 11/10/2014 |
| 8/6/2014 | quarterly | $0.25 | 8.1% | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 5/7/2014 | quarterly | $0.25 | 8.14% | 6/26/2014 | 6/30/2014 | 7/16/2014 |
| 3/17/2014 | quarterly | $0.25 | 7.42% | 3/27/2014 | 3/31/2014 | 4/16/2014 |
| 11/13/2013 | quarterly | $0.25 | 7.41% | 12/27/2013 | 12/31/2013 | 1/22/2014 |
| 8/7/2013 | quarterly | $0.25 | 7.91% | 9/26/2013 | 9/30/2013 | 10/17/2013 |
| 5/15/2013 | quarterly | $0.25 | 5.98% | 6/26/2013 | 6/28/2013 | 7/18/2013 |
| 3/14/2013 | quarterly | $0.25 | 5.97% | 4/4/2013 | 4/8/2013 | 4/18/2013 |
(Data available from 1/1/2013 forward)
Ares Commercial Real (NYSE ACRE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.75%
Institutional Ownership Percentage: 64.05%
Ares Commercial Real (NYSE ACRE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/7/2018 | William Stephen Benjamin | Director | Buy | 12,715 | $12.32 | $156,648.80 | |  |
| 5/10/2017 | Robert L Rosen | Insider | Buy | 10,000 | $13.04 | $130,400.00 | 66,002 | |
| 5/9/2017 | Michael J Arougheti | Director | Buy | 30,000 | $13.16 | $394,800.00 | 342,498 | |
| 5/8/2017 | Michael J Arougheti | Director | Buy | 19,722 | $13.20 | $260,330.40 | 342,498 | |
| 5/4/2017 | James E Skinner | Director | Buy | 3,860 | $12.95 | $49,987.00 | 17,756 | |
| 3/14/2017 | James E Skinner | Director | Buy | 1,960 | $12.78 | $25,048.80 | 13,896 | |
| 9/14/2016 | Robert L Rosen | CEO | Buy | 10,000 | $12.35 | $123,500.00 | 50,013 | |
| 8/26/2016 | Caroline Blakely | Director | Sell | 3,200 | $12.46 | $39,872.00 | 15,069 | |
| 8/25/2016 | James E Skinner | Director | Buy | 2,000 | $12.52 | $25,040.00 | 11,936 | |
| 5/12/2015 | Todd Schuster | CEO | Buy | 7,500 | $11.60 | $87,000.00 | | |
| 5/11/2015 | Todd Schuster | CEO | Buy | 5,000 | $11.60 | $58,000.00 | | |
| 8/21/2014 | Todd Schuster | CEO | Buy | 10,000 | $12.39 | $123,900.00 | | |
| 8/20/2013 | Todd Schuster | CEO | Buy | 15,000 | $12.29 | $184,350.00 | 7,027 | |
| 6/20/2013 | Bruce R Cohen | COO | Buy | 25,000 | $13.50 | $337,500.00 | | |
| 6/20/2013 | Michael D Weiner | General Counsel | Buy | 11,111 | $13.50 | $149,998.50 | | |
| 6/20/2013 | Paul G Joubert | Director | Buy | 20,000 | $13.50 | $270,000.00 | | |
| 6/20/2013 | Todd Schuster | CEO | Buy | 30,000 | $13.50 | $405,000.00 | | |
| 8/30/2012 | Bruce R Cohen | COO | Buy | 5,000 | $16.68 | $83,400.00 | | |
| 8/24/2012 | Robert L Rosen | Director | Buy | 5,000 | $16.49 | $82,450.00 | | |
| 8/21/2012 | John Bartling | CEO | Buy | 4,400 | $16.48 | $72,512.00 | | |
| 8/15/2012 | Michael J Arougheti | Director | Buy | 46,800 | $16.44 | $769,392.00 | | |
(Data available from 1/1/2013 forward)
Ares Commercial Real (NYSE ACRE) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Ares Commercial Real Estate Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2018
www.businesswire.com - April 25 at 8:38 AM |
 | Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, III to its Board of Directors
finance.yahoo.com - April 24 at 5:19 PM |
 | Ares Commercial Real (ACRE) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - April 23 at 7:50 AM |
| Ares Commercial Real (ACRE) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - April 15 at 12:36 AM |
| $0.29 EPS Expected for Ares Commercial Real (ACRE) This Quarter
www.americanbankingnews.com - April 13 at 5:15 PM |
| Ares Commercial Real (ACRE) Upgraded to "Hold" at BidaskClub
www.americanbankingnews.com - April 12 at 7:25 PM |
| Ares Commercial Real (ACRE) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 12 at 11:47 AM |
| Ares Commercial Real (ACRE) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 10 at 8:41 AM |
| Ares Commercial Real (ACRE) Cut to "Sell" at BidaskClub
www.americanbankingnews.com - April 4 at 11:58 PM |
| Ares Commercial Real (ACRE) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 4 at 4:42 PM |
| Ares Commercial Real Estate (ACRE) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 3 at 4:49 PM |
| ValuEngine Upgrades Ares Commercial Real Estate (ACRE) to "Buy"
www.americanbankingnews.com - April 1 at 2:04 PM |
| BidaskClub Lowers Ares Commercial Real Estate (ACRE) to Strong Sell
www.americanbankingnews.com - April 1 at 2:04 PM |
| Ares Commercial Real Estate's (ACRE) Buy Rating Reiterated at B. Riley
www.americanbankingnews.com - March 29 at 10:48 PM |
| Ares Commercial Real Estate (ACRE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 28 at 4:25 PM |
| Ares Commercial Real Estate (ACRE) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - March 27 at 4:00 PM |
| Ares Commercial Real Estate (ACRE) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - March 22 at 5:05 PM |
| Analysis: Positioning to Benefit within Del Taco Restaurants, Myers Industries, Hawkins, Ares Commercial Real Estate, Powell Industries, and NMI — Research Highlights Growth, Revenue, and Consolidated Results
finance.yahoo.com - March 22 at 8:26 AM |
| Ares Commercial Real Estate (ACRE) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - March 20 at 4:40 PM |
| Ares Commercial Real Estate Corp (ACRE) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 18 at 11:56 AM |
| Ares Commercial Real Estate (ACRE) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 15 at 4:46 PM |
| Zacks Investment Research Upgrades Ares Commercial Real Estate (ACRE) to Buy
www.americanbankingnews.com - March 14 at 4:40 PM |
| Insider Buying: Ares Commercial Real Estate Corp (ACRE) Director Buys 12,715 Shares of Stock
www.americanbankingnews.com - March 9 at 6:52 PM |
| Free Post Earnings Research Report: Cousins Properties’ Q4 FFO Outshone Forecasts
finance.yahoo.com - March 8 at 9:32 AM |
| Head-To-Head Contrast: Ares Commercial Real Estate (ACRE) & CYS Investments (CYS)
www.americanbankingnews.com - March 3 at 1:12 AM |
| Ares Commercial Real Estate Corp (ACRE) Announces Dividend Increase - $0.28 Per Share
www.americanbankingnews.com - March 2 at 6:32 PM |
 | Ares Commercial Real Estate Corporation 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 2 at 8:43 AM |
| Ares Commercial Real Estate (ACRE) Announces Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - March 1 at 12:51 PM |
| Ares Commercial Real Estate beats by $0.02, misses on net interest income
seekingalpha.com - March 1 at 8:45 AM |
| Ares Commercial Real Estate (ACRE) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - February 23 at 5:26 PM |
| Ares Commercial Real Estate Corporation Announces Leadership Transition on Its Board of Directors
finance.yahoo.com - February 22 at 8:23 AM |
| Ares Commercial Real Estate Corporation Schedules Earnings Release for the Fourth Quarter and Full-Year 2017
finance.yahoo.com - February 22 at 8:23 AM |
| Ares Commercial Real Estate (ACRE) Upgraded at Zacks Investment Research
www.americanbankingnews.com - February 21 at 4:56 PM |
| Ares Commercial Real Estate Corp (ACRE) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - February 21 at 12:02 PM |
 | Philadelphia’s First Step to a Platform of Innovation
www.nytimes.com - February 20 at 5:20 PM |
 | Sneak peek: Take an animated tour of the future Houston Farmers Market renovations (Video)
www.bizjournals.com - February 20 at 5:20 PM |
| Reviewing Ares Commercial Real Estate (ACRE) & Starwood Property Trust (STWD)
www.americanbankingnews.com - February 17 at 11:18 PM |
| Ares Commercial Real Estate (ACRE) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - February 14 at 4:20 PM |
| Ares Commercial Real Estate (ACRE) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - February 13 at 4:16 PM |
| Ares Commercial Real Estate Corp (ACRE) Expected to Post Quarterly Sales of $11.25 Million
www.americanbankingnews.com - February 6 at 2:12 AM |
| Ares Commercial Real Estate (ACRE) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - February 5 at 4:54 PM |
| Brokerages Anticipate Ares Commercial Real Estate Corp (ACRE) Will Announce Earnings of $0.24 Per Share
www.americanbankingnews.com - February 4 at 7:08 PM |
| Financial Analysis: Ares Commercial Real Estate (ACRE) vs. Chimera Investment (CIM)
www.americanbankingnews.com - February 1 at 11:06 PM |
| Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2017
finance.yahoo.com - January 31 at 7:13 AM |
| Ares Commercial Real Estate Corp (ACRE) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - January 27 at 11:56 AM |
| $11.25 Million in Sales Expected for Ares Commercial Real Estate Corp (ACRE) This Quarter
www.americanbankingnews.com - January 20 at 2:48 AM |
| Zacks: Brokerages Anticipate Ares Commercial Real Estate Corp (ACRE) Will Announce Earnings of $0.25 Per Share
www.americanbankingnews.com - January 18 at 9:36 PM |
| Ares Commercial Real Estate (ACRE) & Granite Point Mortgage Trust (GPMT) Financial Comparison
www.americanbankingnews.com - January 18 at 1:32 PM |
| Ares Commercial Real Estate (ACRE) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - January 12 at 4:28 PM |
| B. Riley Comments on Ares Commercial Real Estate Corp's FY2017 Earnings (ACRE)
www.americanbankingnews.com - January 12 at 7:32 AM |
Ares Commercial Real (NYSE:ACRE) SEC Filings
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Ares Commercial Real (NYSE:ACRE) Income Statement, Balance Sheet and Cash Flow Statement
Ares Commercial Real (NYSE ACRE) Stock Chart for Wednesday, April, 25, 2018
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