Ares Commercial Real Estate 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 "moderate buy" Ares Commercial Real Estate stock.
View analyst ratings for Ares Commercial Real Estate or view top-rated stocks.

3 Wall Street research analysts have issued 12 month price targets for Ares Commercial Real Estate's stock. Their ACRE stock forecasts range from $16.00 to $16.50. On average, they anticipate Ares Commercial Real Estate's stock price to reach $16.33 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price.
View analysts' price targets for Ares Commercial Real Estate or view top-rated stocks among Wall Street analysts.

Ares Commercial Real Estate's stock was trading at $14.54 at the beginning of the year. Since then, ACRE shares have decreased by 13.0% and is now trading at $12.65.
View the best growth stocks for 2022 here.

Ares Commercial Real Estate saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 1,180,000 shares, an increase of 40.2% from the May 15th total of 841,400 shares. Based on an average daily trading volume, of 679,300 shares, the days-to-cover ratio is presently 1.7 days.
View Ares Commercial Real Estate's Short Interest.

Ares Commercial Real Estate is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022.
View our earnings forecast for Ares Commercial Real Estate.

Ares Commercial Real Estate Co. (NYSE:ACRE) released 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 58.09% and a trailing twelve-month return on equity of 9.74%. During the same quarter last year, the company posted $0.38 EPS.
View Ares Commercial Real Estate's earnings history.

Ares Commercial Real Estate declared a quarterly dividend on Tuesday, May 3rd. Investors of record on Thursday, June 30th will be given a dividend of $0.35 per share on Friday, July 15th. This represents a $1.40 annualized dividend and a yield of 11.07%. The ex-dividend date of this dividend is Wednesday, June 29th. This is a positive change from Ares Commercial Real Estate's previous quarterly dividend of $0.33.
View Ares Commercial Real Estate's dividend history.

Ares Commercial Real Estate(NYSE:ACRE) pays an annual dividend of $1.32 per share and currently has a dividend yield of 10.79%. ACRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Ares Commercial Real Estate is 98.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ares Commercial Real Estate will have a dividend payout ratio of 82.50% in the coming year. This indicates that Ares Commercial Real Estate may not be able to sustain their current dividend.
View Ares Commercial Real Estate's dividend history.

Some companies that are related to Ares Commercial Real Estate include Annaly Capital Management (NLY), Starwood Property Trust (STWD), AGNC Investment (AGNC), Chimera Investment (CIM), Two Harbors Investment (TWO), Apollo Commercial Real Estate Finance (ARI), PennyMac Mortgage Investment Trust (PMT), MFA Financial (MFA), New York Mortgage Trust (NYMT), Ready Capital (RC), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Dynex Capital (DX), Invesco Mortgage Capital (IVR) and AG Mortgage Investment Trust (MITT).
View all of ACRE's competitors.

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."

Shares of ACRE 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.
Compare Top Brokerages Here.

One share of ACRE stock can currently be purchased for approximately $12.65.

Ares Commercial Real Estate (NYSE:ACRE) has a market capitalization of $600.09 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 $1.34 on an earnings per share basis.

Ares Commercial Real Estate 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 Ares Commercial Real Estate is www.arescre.com. The real estate investment trust can be reached via phone at (212) 710-2100, via email at [email protected], or via fax at 212-750-1777.