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, July 26th. Shareholders of record on Monday, September 30th will be given a dividend of $0.33 per share on Tuesday, October 15th. This represents a $1.32 dividend on an annualized basis and a yield of 8.15%. The ex-dividend date of this dividend is Friday, September 27th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) announced its earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.35 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.03. The real estate investment trust earned $30.36 million during the quarter, compared to analyst estimates of $29.10 million. Ares Commercial Real Estate had a net margin of 31.89% and a return on equity of 9.11%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Ares Commercial Real Estate.

1 analysts have issued 1-year price targets for Ares Commercial Real Estate's stock. Their forecasts range from $16.00 to $16.00. On average, they expect Ares Commercial Real Estate's stock price to reach $16.00 in the next year. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Ares Commercial Real Estate.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Commercial Real Estate.

Media headlines about ACRE stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. 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 coverage optimism score of -2.8 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Ares Commercial Real Estate.

Ares Commercial Real Estate saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,580,000 shares, an increase of 66.5% from the December 15th total of 1,550,000 shares. Based on an average daily trading volume, of 203,200 shares, the days-to-cover ratio is presently 12.7 days. Approximately 10.0% of the company's shares are sold short. View Ares Commercial Real Estate's Current Options Chain.

Some companies that are related to Ares Commercial Real Estate include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), 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), CBL & Associates Properties (CBL), AGNC Investment (AGNC), New Residential Investment (NRZ), Ares Capital (ARCC), Arlington Asset Investment (AI), Ford Motor (F), Cornerstone Total Return Fund (CRF) and Martin Midstream Partners (MMLP).

Ares Commercial Real Estate's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include AE Wealth Management LLC (0.10%), Canton Hathaway LLC (0.06%), Nisa Investment Advisors LLC (0.05%) and Camelot Portfolios LLC (0.04%). 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 Camelot Portfolios LLC. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was purchased by a variety of institutional investors in the last quarter, including AE Wealth Management LLC, Canton Hathaway LLC and Nisa Investment Advisors 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 $16.20.

Ares Commercial Real Estate has a market capitalization of $467.55 million and generates $118.28 million in revenue each year. The real estate investment trust earns $38.60 million in net income (profit) each year or $1.39 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]