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 Friday, February 22nd. Stockholders of record on Friday, March 29th will be given a dividend of $0.33 per share on Tuesday, April 16th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from Ares Commercial Real Estate's previous quarterly dividend of $0.31. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) posted its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.37 EPS for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.06. The real estate investment trust had revenue of $30.88 million for the quarter, compared to analysts' expectations of $29 million. Ares Commercial Real Estate had a net margin of 32.63% and a return on equity of 9.39%. View Ares Commercial Real Estate's Earnings History.

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

6 Wall Street analysts have issued 12 month price targets for Ares Commercial Real Estate's stock. Their forecasts range from $14.00 to $15.00. On average, they expect Ares Commercial Real Estate's stock price to reach $14.60 in the next year. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for Ares Commercial Real Estate.

6 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, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Commercial Real Estate.

Media stories about ACRE stock have trended neutral on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news 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 negative five to five, with scores nearest to five being the most favorable. Ares Commercial Real Estate earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Ares Commercial Real Estate saw a increase in short interest in March. As of March 29th, there was short interest totalling 1,002,418 shares, an increase of 61.4% from the March 15th total of 621,171 shares. Based on an average daily trading volume, of 236,998 shares, the short-interest ratio is presently 4.2 days. Approximately 3.9% of the shares of the stock are short sold. View Ares Commercial Real Estate's Current Options Chain.

Some companies that are related to Ares Commercial Real Estate include Safestore (SFSHF), LTC Properties (LTC), Chesapeake Lodging Trust (CHSP), Alexander & Baldwin (ALEX), Hannon Armstrong Sustnbl Infrstr Cap (HASI), National Storage Affiliates Trust (NSA), CYRELA BRAZIL R/S (CYRBY), Redwood Trust (RWT), Global Net Lease (GNL), TIER REIT (TIER), TPG RE Finance Trust (TRTX), Essential Properties Realty Trust (EPRT), PennyMac Mortgage Investment Trust (PMT), Industrial Logistics Properties Trust (ILPT) and Kite Realty Group Trust (KRG).

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), Ares Capital (ARCC), Cornerstone Total Return Fund (CRF), Ladder Capital (LADR), Government Properties Income Trust (GOV), Martin Midstream Partners (MMLP), Uniti Group (UNIT) and BP Prudhoe Bay Royalty Trust (BPT).

Ares Commercial Real Estate's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Meeder Asset Management Inc. (0.12%). Company insiders that own Ares Commercial Real Estate stock include James Alan Henderson, James E Skinner, Michael J Arougheti, Rand Scott April, Robert L Rosen and William Stephen Benjamin. View Institutional Ownership Trends for Ares Commercial Real Estate.

ACRE stock was acquired by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include James E Skinner, Michael J Arougheti, Rand Scott April, 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 $15.36.

Ares Commercial Real Estate has a market capitalization of $441.69 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.

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]