NYSE:ACRE - Ares Commercial Real Estate Stock Price, Price Target & More

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 Wednesday, May 2nd. Investors of record on Friday, June 29th will be paid a dividend of $0.28 per share on Tuesday, July 17th. This represents a $1.12 annualized dividend and a dividend yield of 7.95%. The ex-dividend date of this dividend is Thursday, June 28th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) issued its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.33 EPS for the quarter, beating the consensus estimate of $0.29 by $0.04. The real estate investment trust had revenue of $27.44 million for the quarter. Ares Commercial Real Estate had a net margin of 32.04% and a return on equity of 8.14%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Ares Commercial Real Estate.

5 brokers have issued 1 year price targets for Ares Commercial Real Estate's stock. Their predictions range from $14.00 to $14.50. On average, they expect Ares Commercial Real Estate's stock price to reach $14.1250 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Ratings for Ares Commercial Real Estate.

5 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 and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Ares Commercial Real Estate include Agree Realty (ADC), National Storage (NSA), Four Corners Property Trust (FCPT), Industrial Logistics Properties Trust (ILPT), Safestore (SFSHF), Summit Hotel Properties (INN), Washington Prime Group (WPG), Kite Realty Group Trust (KRG), Global Net Lease (GNL), Monmouth R.E. Inv. Corp. Class A (MNR), Caretrust REIT (CTRE), Redwood Trust (RWT), CYRELA BRAZIL R/S (CYRBY), Saul Centers (BFS) and TPG RE Finance Trust (TRTX).

News headlines about ACRE stock have trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ares Commercial Real Estate earned a media sentiment score of 0.07 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 47.53 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 $14.09.

Ares Commercial Real Estate has a market capitalization of $402.96 million and generates $97.54 million in revenue each year. The real estate investment trust earns $30.40 million in net income (profit) each year or $1.11 on an earnings per share basis. Ares Commercial Real Estate employs 1,000 workers across the globe.

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]