NYSE:ACREAres Commercial Real Estate Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ares Commercial Real Estate Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.65 +0.49 (+5.35 %) (As of 06/4/2020 02:11 PM ET) Add Compare Share Today's Range$9.15Now: $9.65▼$9.6650-Day Range$6.16MA: $7.24▼$8.3152-Week Range$2.78Now: $9.65▼$17.72Volume35,803 shsAverage Volume580,316 shsMarket Capitalization$322.70 millionP/E Ratio21.93Dividend Yield15.57%Beta1.19 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of commercial real estate (CRE) properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingAres Commercial Real Estate has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.63, Ares Commercial Real Estate has a potential upside of 20.5% from its current price of $9.65.Amount of Analyst CoverageAres Commercial Real Estate has only been the subject of 3 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesAres Commercial Real Estate has received 286 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAres Commercial Real Estate has received 324 “underperform” votes. (Add your “underperform” vote.)Community SentimentAres Commercial Real Estate has received 53.11% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Ares Commercial Real Estate and other stocks. Vote “Outperform” if you believe ACRE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ACRE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipAres Commercial Real Estate is a leading dividend payer. It pays a dividend yield of 15.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAres Commercial Real Estate has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Ares Commercial Real Estate is 98.51 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ares Commercial Real Estate will have a dividend payout ratio of 116.81 % in the coming year. This indicates that Ares Commercial Real Estate may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ares Commercial Real Estate insiders have bought more of their company's stock than they have sold. Specifically, they have bought $241,740.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.19% of the stock of Ares Commercial Real Estate is held by insiders.Percentage Held by Institutions62.82% of the stock of Ares Commercial Real Estate is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ares Commercial Real Estate are expected to grow by 26.97% in the coming year, from $0.89 to $1.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ares Commercial Real Estate is 21.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Ares Commercial Real Estate is 21.93, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.93.Price to Book Value per Share RatioAres Commercial Real Estate has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.47 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:ACRE Previous Symbol CUSIP04013V10 CIK1529377 Webwww.arescre.com Phone212-750-7300Debt Debt-to-Equity Ratio3.31 Current Ratio1.15 Quick Ratio1.15Price-To-Earnings Trailing P/E Ratio21.93 Forward P/E Ratio10.84 P/E GrowthN/A Sales & Book Value Annual Sales$114.78 million Price / Sales2.81 Cash Flow$1.35 per share Price / Cash Flow7.14 Book Value$13.00 per share Price / Book0.74Profitability EPS (Most Recent Fiscal Year)$1.34 Net Income$36.99 million Net Margins9.46% Return on Equity9.18% Return on Assets2.21%Miscellaneous Employees1,200 Outstanding Shares33,440,000Market Cap$322.70 million Next Earnings Date7/24/2020 (Estimated) OptionableOptionable ACRE Rates by TradingView Receive ACRE News and Ratings via Email Sign-up to receive the latest news and ratings for ACRE and its competitors with MarketBeat's FREE daily newsletter. Ares Commercial Real Estate (NYSE:ACRE) Frequently Asked Questions How has Ares Commercial Real Estate's stock been impacted by COVID-19 (Coronavirus)? Ares Commercial Real Estate's stock was trading at $13.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ACRE shares have decreased by 28.9% and is now trading at $9.65. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Ares Commercial Real Estate? 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, 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. When is Ares Commercial Real Estate's next earnings date? Ares Commercial Real Estate is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Ares Commercial Real Estate. How were Ares Commercial Real Estate's earnings last quarter? Ares Commercial Real Estate Corp (NYSE:ACRE) announced its quarterly earnings data on Thursday, February, 20th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. The real estate investment trust had revenue of $28.54 million for the quarter. Ares Commercial Real Estate had a net margin of 9.46% and a return on equity of 9.18%. View Ares Commercial Real Estate's earnings history. How often does Ares Commercial Real Estate pay dividends? What is the dividend yield for Ares Commercial Real Estate? Ares Commercial Real Estate declared a quarterly dividend on Friday, February 21st. Investors of record on Tuesday, March 31st will be paid a dividend of $0.33 per share on Wednesday, April 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 13.68%. The ex-dividend date is Monday, March 30th. View Ares Commercial Real Estate's dividend history. What price target have analysts set for ACRE? 4 equities research analysts have issued twelve-month price objectives for Ares Commercial Real Estate's stock. Their forecasts range from $9.00 to $16.50. On average, they expect Ares Commercial Real Estate's share price to reach $11.63 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for Ares Commercial Real Estate. Has Ares Commercial Real Estate been receiving favorable news coverage? Press coverage about ACRE stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ares Commercial Real Estate earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutAres Commercial Real Estate. Who are some of Ares Commercial Real Estate's key competitors? Some companies that are related to Ares Commercial Real Estate include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Apollo Commercial Real Est. Finance (ARI), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), MFA FINL INC/SH (MFA), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and Ready Capital (RC). View all competitors. What other stocks do shareholders of Ares Commercial Real Estate own? 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), AGNC Investment (AGNC), New Residential Investment (NRZ), CBL & Associates Properties (CBL), NGL Energy Partners (NGL), Arlington Asset Investment (AI), NY MTG TR INC/SH (NYMT), Ares Capital (ARCC) and Prospect Capital (PSEC). Who are Ares Commercial Real Estate's key executives? Ares Commercial Real Estate's management team includes the following people: Mr. James Alan Henderson, Pres, CEO, Chief Investment Officer & Director (Age 49)Mr. Tae-Sik Yoon, CFO & Treasurer (Age 52)Mr. Don Haisch, Chief Accounting OfficerMr. Carl G. Drake C.F.A., CFA, Partner/Head of Public Investor Relations & CommunicationsMs. Michele Brancati, Investor Relations Contact What is Ares Commercial Real Estate's stock symbol? Ares Commercial Real Estate trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACRE." Who are Ares Commercial Real Estate's major shareholders? Ares Commercial Real Estate's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.91%), Acadian Asset Management LLC (3.05%), State Street Corp (2.68%), Wolverine Asset Management LLC (2.54%), Geode Capital Management LLC (1.36%) and Greenwich Investment Management Inc. (1.01%). Company insiders that own Ares Commercial Real Estate stock include Anton Feingold, James Alan Henderson, Michael J Arougheti, Rand Scott April and William Stephen Benjamin. View institutional ownership trends for Ares Commercial Real Estate. Which major investors are selling Ares Commercial Real Estate stock? ACRE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, UBS Group AG, Thrivent Financial for Lutherans, Acadian Asset Management LLC, Navellier & Associates Inc, SG Americas Securities LLC, and Voloridge Investment Management LLC. View insider buying and selling activity for Ares Commercial Real Estate. Which major investors are buying Ares Commercial Real Estate stock? ACRE stock was bought by a variety of institutional investors in the last quarter, including Wolverine Asset Management LLC, BlackRock Inc., Two Sigma Advisers LP, Two Sigma Investments LP, WINTON GROUP Ltd, Greenwich Investment Management Inc., Geode Capital Management LLC, and Aigen Investment Management LP. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include Anton Feingold, Michael J Arougheti, Rand Scott April, and William Stephen Benjamin. View insider buying and selling activity for Ares Commercial Real Estate. How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab. What is Ares Commercial Real Estate's stock price today? One share of ACRE stock can currently be purchased for approximately $9.65. How big of a company is Ares Commercial Real Estate? Ares Commercial Real Estate has a market capitalization of $322.70 million and generates $114.78 million in revenue each year. The real estate investment trust earns $36.99 million in net income (profit) each year or $1.34 on an earnings per share basis. Ares Commercial Real Estate employs 1,200 workers across the globe. What is Ares Commercial Real Estate's official website? The official website for Ares Commercial Real Estate is www.arescre.com. How can I contact Ares Commercial Real Estate? 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] This page was last updated on 6/4/2020 by MarketBeat.com Staff
