Ares Commercial Real Estate - ACRE Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ACRE shares.
View ACRE analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month target prices for Ares Commercial Real Estate's shares. Their ACRE share price forecasts range from $14.50 to $16.50. On average, they anticipate the company's share price to reach $15.50 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for ACRE or view top-rated stocks among Wall Street analysts.

Ares Commercial Real Estate's stock was trading at $14.54 at the start of the year. Since then, ACRE stock has decreased by 5.6% and is now trading at $13.72.
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Ares Commercial Real Estate saw a increase in short interest in July. As of July 31st, there was short interest totaling 1,440,000 shares, an increase of 10.8% from the July 15th total of 1,300,000 shares. Based on an average daily trading volume, of 837,100 shares, the days-to-cover ratio is currently 1.7 days. Currently, 5.6% of the shares of the stock are short sold.
View Ares Commercial Real Estate's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ACRE earnings forecast.

Ares Commercial Real Estate Co. (NYSE:ACRE) issued its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.02. Ares Commercial Real Estate had a net margin of 50.09% and a trailing twelve-month return on equity of 9.91%. During the same period last year, the business posted $0.38 earnings per share.

Ares Commercial Real Estate announced a quarterly dividend on Monday, August 1st. Investors of record on Friday, September 30th will be paid a dividend of $0.33 per share on Monday, October 17th. This represents a $1.32 annualized dividend and a yield of 9.62%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for ACRE.

Ares Commercial Real Estate (NYSE:ACRE) pays an annual dividend of $1.32 per share and currently has a dividend yield of 9.50%. ACRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 118.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ACRE will have a dividend payout ratio of 81.48% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ACRE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Commercial Real Estate investors own include Twitter (TWTR), Energy Transfer (ET), AGNC Investment (AGNC), NGL Energy Partners (NGL), Annaly Capital Management (NLY), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), AT&T (T), CBL & Associates Properties (CBL) and Ladder Capital (LADR).

Ares Commercial Real Estate trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACRE."

Ares Commercial Real Estate's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.59%), Delphi Financial Group Inc. (2.94%), State Street Corp (2.14%), Millennium Management LLC (1.20%), Smith Graham & Co. Investment Advisors LP (1.10%) and Northern Trust Corp (0.80%). Insiders that own company stock include Anton Feingold, Bryan Patrick Donohoe, James Alan Henderson, Michael J Arougheti and William Stephen Benjamin.
View institutional ownership trends.

Shares of ACRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ACRE stock can currently be purchased for approximately $13.72.

Ares Commercial Real Estate (NYSE:ACRE) has a market capitalization of $746.89 million and generates $102.07 million in revenue each year. The real estate investment trust earns $60.46 million in net income (profit) each year or $1.11 on an earnings per share basis.

The company employs 2,100 workers across the globe.

Ares Commercial Real Estate's mailing address is 245 PARK AVENUE 42ND FLOOR, NEW YORK NY, 10167. The official website for the company is www.arescre.com. The real estate investment trust can be reached via phone at (212) 710-2100, via email at iracre@aresmgmt.com, or via fax at 212-750-1777.