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 declared a quarterly dividend on Wednesday, May 2nd. Investors of record on Friday, June 29th will be given a dividend of $0.28 per share on Tuesday, July 17th. This represents a $1.12 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date is Thursday, June 28th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) issued its quarterly earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates 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 Wall Street analysts have issued 12 month target prices for Ares Commercial Real Estate's stock. Their forecasts range from $14.00 to $14.50. On average, they anticipate Ares Commercial Real Estate's stock price to reach $14.1250 in the next twelve months. 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), National Storage (NSA), Safestore (SFSHF), 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).

Media coverage about ACRE stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ares Commercial Real Estate earned a coverage optimism score of 0.11 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 46.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Ares Commercial Real Estate's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 acquired 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 $13.99.

Ares Commercial Real Estate has a market capitalization of $398.10 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]