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 announced a quarterly dividend on Tuesday, October 30th. Stockholders of record on Friday, December 28th will be paid 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 8.52%. 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) released its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.35 EPS for the quarter, topping the Zacks' 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 net margin of 30.86% and a return on equity of 8.57%. 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 EPS guidance of for the period.

7 Wall Street analysts have issued 12-month target prices for Ares Commercial Real Estate's stock. Their predictions range from $14.00 to $15.00. On average, they anticipate Ares Commercial Real Estate's share price to reach $14.50 in the next twelve months. This suggests that the stock has a possible downside of 0.4%. 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.

News articles about ACRE stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ares Commercial Real Estate earned a news impact score of 1.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.

Some companies that are related to Ares Commercial Real Estate include Caretrust REIT (CTRE), Alexander's (ALX), National Storage Affiliates Trust (NSA), Alexander & Baldwin (ALEX), Global Net Lease (GNL), Safestore (SFSHF), Industrial Logistics Properties Trust (ILPT), CYRELA BRAZIL R/S (CYRBY), American Finance Trust (AFIN), Redwood Trust (RWT), Kite Realty Group Trust (KRG), TPG RE Finance Trust (TRTX), Washington Prime Group (WPG), PennyMac Mortgage Investment Trust (PMT) and TIER REIT (TIER).

Ares Commercial Real Estate's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.33%), Acadian Asset Management LLC (2.73%), Telemus Capital LLC (2.15%), Alliancebernstein L.P. (0.98%), Wells Fargo & Company MN (0.92%) and Advisors Capital Management LLC (0.90%). 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, LSV Asset Management, JPMorgan Chase & Co., JPMorgan Chase & Co., Cambridge Investment Research Advisors Inc. and Atria Investments LLC. 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 Acadian Asset Management LLC, Renaissance Technologies LLC, BlackRock Inc., Allianz Asset Management GmbH, Martingale Asset Management L P, Telemus Capital LLC, Citadel Advisors LLC and Russell Investments Group Ltd.. 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 $14.56.

Ares Commercial Real Estate has a market capitalization of $417.28 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]