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 announced a quarterly dividend on Wednesday, May 2nd. Shareholders of record on Friday, June 29th will be paid a dividend of $0.28 per share on Tuesday, July 17th. This represents a $1.12 annualized dividend and a yield of 8.00%. The ex-dividend date is Thursday, June 28th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) released its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04. The real estate investment trust earned $27.44 million during the quarter. Ares Commercial Real Estate had a return on equity of 8.14% and a net margin of 32.04%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Ares Commercial Real Estate.

5 brokerages have issued twelve-month price objectives for Ares Commercial Real Estate's shares. Their forecasts range from $14.00 to $14.50. On average, they expect Ares Commercial Real Estate's share price to reach $14.1250 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Ratings for Ares Commercial Real Estate.

5 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News headlines about ACRE stock have trended somewhat positive recently, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. 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 media sentiment score of 0.17 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 45.04 out of 100, indicating 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 many different of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.04%). 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 Nisa Investment Advisors LLC. 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 $14.00.

Ares Commercial Real Estate has a market capitalization of $400.39 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]