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

3 Wall Street equities research 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 equities research analysts is that investors should "buy" ACRE shares.
View ACRE analyst ratings or view top-rated stocks.

3 brokerages 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 predict the company's stock price to reach $15.50 in the next year. This suggests a possible upside of 51.5% 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 beginning of 2022. Since then, ACRE stock has decreased by 29.6% and is now trading at $10.23.
View the best growth stocks for 2022 here.

Ares Commercial Real Estate saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,660,000 shares, an increase of 10.7% from the August 31st total of 1,500,000 shares. Based on an average trading volume of 580,400 shares, the short-interest ratio is presently 2.9 days. Approximately 6.5% 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) announced its 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 trailing twelve-month return on equity of 9.91% and a net margin of 50.09%. During the same period last year, the company earned $0.38 EPS.

Ares Commercial Real Estate declared a quarterly dividend on Friday, July 29th. Shareholders of record on Friday, September 30th will be given a dividend of $0.33 per share on Monday, October 17th. This represents a $1.32 annualized dividend and a yield of 12.90%. 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 11.84%. 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 83.54% 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."

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.
Compare Top Brokerages Here.

One share of ACRE stock can currently be purchased for approximately $10.23.

Ares Commercial Real Estate (NYSE:ACRE) has a market capitalization of $556.90 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.