Ares Commercial Real Estate Stock Price, News & Analysis (NYSE:ACRE)

Ares Commercial Real Estate trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACRE."

Ares Commercial Real Estate declared a quarterly dividend on Friday, July 26th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.33 per share on Tuesday, October 15th. This represents a $1.32 annualized dividend and a dividend yield of 8.58%. The ex-dividend date of this dividend is Friday, September 27th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) issued its earnings results on Friday, July, 26th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.04. The real estate investment trust had revenue of $29.99 million for the quarter, compared to analyst estimates of $27.80 million. Ares Commercial Real Estate had a net margin of 32.10% and a return on equity of 9.29%. View Ares Commercial Real Estate's Earnings History.

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Ares Commercial Real Estate.

2 brokerages have issued 1 year price targets for Ares Commercial Real Estate's stock. Their predictions range from $14.50 to $14.50. On average, they expect Ares Commercial Real Estate's stock price to reach $14.50 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Ares Commercial Real Estate.

2 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 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Commercial Real Estate.

Headlines about ACRE stock have trended somewhat positive this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ares Commercial Real Estate earned a news impact score of 0.8 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Ares Commercial Real Estate.

Ares Commercial Real Estate saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,470,000 shares, an increase of 27.8% from the August 30th total of 1,150,000 shares. Based on an average trading volume of 169,400 shares, the days-to-cover ratio is presently 8.7 days. Currently, 5.7% of the company's stock are short sold. View Ares Commercial Real Estate's Current Options Chain.

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), Two Harbors Investment (TWO), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Colony Capital (CLNY), Invesco Mortgage Capital (IVR), Redwood Trust (RWT), PennyMac Mortgage Investment Trust (PMT), NY MTG TR INC/SH (NYMT), ARMOUR Residential REIT (ARR), Ready Capital (RC) and CAPSTEAD MTG CO/SH (CMO).

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), Ares Capital (ARCC), CBL & Associates Properties (CBL), New Residential Investment (NRZ), Cornerstone Total Return Fund (CRF), AGNC Investment (AGNC), Cherry Hill Mortgage Investment (CHMI), Ladder Capital (LADR) and SandRidge Permian Trust (PER).

Ares Commercial Real Estate's stock is owned by many different of institutional and retail investors. Top institutional investors include Joel Isaacson & Co. LLC (0.35%), Delphi Management Inc. MA (0.33%), Navellier & Associates Inc (0.24%), Campbell & CO Investment Adviser LLC (0.15%), Camelot Portfolios LLC (0.06%) and Canton Hathaway LLC (0.05%). Company insiders that own Ares Commercial Real Estate stock include James Alan Henderson, Rand Scott April and William Stephen Benjamin. View Institutional Ownership Trends for Ares Commercial Real Estate.

ACRE stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Delphi Management Inc. MA, Nisa Investment Advisors LLC and Camelot Portfolios LLC. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was purchased by a variety of institutional investors in the last quarter, including Navellier & Associates Inc, Canton Hathaway LLC, Joel Isaacson & Co. LLC and Campbell & CO Investment Adviser LLC. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include Rand Scott April and William Stephen Benjamin. View Insider Buying and Selling for 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.

One share of ACRE stock can currently be purchased for approximately $15.38.

Ares Commercial Real Estate has a market capitalization of $444.01 million and generates $118.28 million in revenue each year. The real estate investment trust earns $38.60 million in net income (profit) each year or $1.39 on an earnings per share basis. Ares Commercial Real Estate employs 1,075 workers across the globe.View Additional Information About Ares Commercial Real Estate.

The official website for Ares Commercial Real Estate is http://www.arescre.com/.

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]