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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Commercial Real Estate in the last year. There are currently 1 hold rating and 3 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.

4 Wall Street research analysts have issued 1-year target prices for Ares Commercial Real Estate's stock. Their ACRE share price forecasts range from $12.00 to $14.00. On average, they anticipate the company's share price to reach $13.25 in the next twelve months. This suggests a possible upside of 6.3% 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 $10.29 at the beginning of the year. Since then, ACRE stock has increased by 21.2% and is now trading at $12.47.
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Ares Commercial Real Estate saw a decrease in short interest in January. As of January 15th, there was short interest totaling 1,980,000 shares, a decrease of 25.3% from the December 31st total of 2,650,000 shares. Based on an average daily volume of 648,100 shares, the short-interest ratio is presently 3.1 days.
View Ares Commercial Real Estate's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our ACRE earnings forecast.

Ares Commercial Real Estate will be holding an earnings conference call on Wednesday, February 15th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "934675".

Ares Commercial Real Estate Co. (NYSE:ACRE) posted its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.02. Ares Commercial Real Estate had a net margin of 41.32% and a trailing twelve-month return on equity of 10.07%. During the same period in the previous year, the firm earned $0.38 earnings per share.

Ares Commercial Real Estate announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Friday, December 30th will be given a dividend of $0.35 per share on Wednesday, January 18th. This represents a $1.40 dividend on an annualized basis and a yield of 11.23%. The ex-dividend date of this dividend is Thursday, December 29th. This is a positive change from the stock's previous quarterly dividend of $0.33.
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 11.08%. ACRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 145.05%. 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 86.27% 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 many different institutional and retail investors. Top institutional investors include Merrion Investment Management Co LLC (0.47%), Claybrook Capital LLC (0.13%), New York State Common Retirement Fund (0.07%), Triumph Capital Management (0.06%), Mcdonald Partners LLC (0.06%) and Private Advisor Group LLC (0.03%). 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 $12.47.

Ares Commercial Real Estate (NYSE:ACRE) has a market capitalization of $678.87 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 $0.91 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.