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

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, February 21st. Investors of record on Tuesday, March 31st will be paid a dividend of $0.33 per share on Wednesday, April 15th. This represents a $1.32 dividend on an annualized basis and a yield of 7.83%. The ex-dividend date of this dividend is Monday, March 30th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) released its quarterly earnings data on Thursday, February, 20th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The real estate investment trust had revenue of $28.54 million for the quarter. Ares Commercial Real Estate had a return on equity of 9.04% and a net margin of 32.23%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Ares Commercial Real Estate.

2 equities research analysts have issued twelve-month price objectives for Ares Commercial Real Estate's stock. Their forecasts range from $16.50 to $17.50. On average, they anticipate Ares Commercial Real Estate's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Commercial Real Estate.

News headlines about ACRE stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ares Commercial Real Estate earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Ares Commercial Real Estate.

Some companies that are related to Ares Commercial Real Estate include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Two Harbors Investment (TWO), MFA FINL INC/SH (MFA), Invesco Mortgage Capital (IVR), Apollo Commercial Real Est. Finance (ARI), NY MTG TR INC/SH (NYMT), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ready Capital (RC) and CAPSTEAD MTG CO/SH (CMO).

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), AGNC Investment (AGNC), CBL & Associates Properties (CBL), New Residential Investment (NRZ), NGL Energy Partners (NGL), Arlington Asset Investment (AI), NY MTG TR INC/SH (NYMT), Prospect Capital (PSEC) and Ares Capital (ARCC).

Ares Commercial Real Estate's stock is owned by a number of of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (3.15%), Boston Partners (2.73%), State Street Corp (2.51%), Geode Capital Management LLC (1.08%), LSV Asset Management (1.02%) and Bank of America Corp DE (0.74%). 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 Alliancebernstein L.P., Oxford Asset Management LLP, Renaissance Technologies LLC, Acadian Asset Management LLC, LSV Asset Management, California Public Employees Retirement System, Chicago Equity Partners LLC and Greenwich Investment Management Inc.. 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 Goldman Sachs Group Inc., State Street Corp, Schonfeld Strategic Advisors LLC, Panagora Asset Management Inc., Victory Capital Management Inc., Victory Capital Management Inc., Ieq Capital LLC and Ieq Capital 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 $16.85.

Ares Commercial Real Estate has a market capitalization of $562.60 million and generates $114.78 million in revenue each year. The real estate investment trust earns $36.99 million in net income (profit) each year or $1.34 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]