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

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 Tuesday, October 30th. Investors of record on Friday, December 28th will be given a dividend of $0.31 per share on Tuesday, January 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.74%. The ex-dividend date is Thursday, December 27th. This is a boost from Ares Commercial Real Estate's previous quarterly dividend of $0.29. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) posted its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. The real estate investment trust had revenue of $30.36 million for the quarter, compared to analysts' expectations of $29.10 million. Ares Commercial Real Estate had a return on equity of 8.57% and a net margin of 30.86%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Ares Commercial Real Estate.

Ares Commercial Real Estate issued an update on its earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of for the period.

7 brokers have issued 12-month price objectives for Ares Commercial Real Estate's shares. Their forecasts range from $14.00 to $15.00. On average, they expect Ares Commercial Real Estate's share price to reach $14.50 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Ares Commercial Real Estate.

7 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 4 buy ratings 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 somewhat positive on Tuesday, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ares Commercial Real Estate earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

Some companies that are related to Ares Commercial Real Estate include Alexander's (ALX), Safestore (SFSHF), CYRELA BRAZIL R/S (CYRBY), Global Net Lease (GNL), American Finance Trust (AFIN), Alexander & Baldwin (ALEX), Industrial Logistics Properties Trust (ILPT), Kite Realty Group Trust (KRG), Redwood Trust (RWT), PennyMac Mortgage Investment Trust (PMT), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. (MNR), TIER REIT (TIER), Hannon Armstrong Sustnbl Infrstr Cap (HASI) and Saul Centers (BFS).

Ares Commercial Real Estate's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.33%), Vanguard Group Inc. (4.56%), Acadian Asset Management LLC (2.73%), Telemus Capital LLC (2.15%), Morgan Stanley (1.52%) and Alliancebernstein L.P. (0.98%). Company insiders that own Ares Commercial Real Estate stock include 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 Alliancebernstein L.P., Wells Fargo & Company MN, Clear Harbor Asset Management LLC, Morgan Stanley, Neuberger Berman Group LLC, LSV Asset Management, JPMorgan Chase & Co. and Cambridge Investment Research Advisors Inc.. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, BlackRock Inc., Allianz Asset Management GmbH, TIAA CREF Investment Management LLC, Martingale Asset Management L P, Telemus Capital LLC and Citadel Advisors 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 $14.19.

Ares Commercial Real Estate has a market capitalization of $402.64 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.

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]