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

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 Friday, July 26th. Shareholders 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 dividend on an annualized basis and a yield of 8.63%. The ex-dividend date is Friday, September 27th. View Ares Commercial Real Estate's Dividend History.

Ares Commercial Real Estate Corp (NYSE:ACRE) issued its quarterly earnings data 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 earned $29.99 million during the quarter, compared to analysts' expectations 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.

3 Wall Street analysts have issued twelve-month price objectives for Ares Commercial Real Estate's shares. Their predictions range from $14.50 to $15.00. On average, they expect Ares Commercial Real Estate's share price to reach $14.75 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Ares Commercial Real Estate.

3 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, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Commercial Real Estate.

News coverage about ACRE stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ares Commercial Real Estate earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Ares Commercial Real Estate.

Some companies that are related to Ares Commercial Real Estate include Safestore (SFSHF), PennyMac Mortgage Investment Trust (PMT), Alexander & Baldwin (ALEX), Redwood Trust (RWT), Essential Properties Realty Trust (EPRT), Colony Credit Real Estate (CLNC), Global Net Lease (GNL), Easterly Government Properties (DEA), TIER REIT (TIER), Chesapeake Lodging Trust (CHSP), Uniti Group (UNIT), NY MTG TR INC/SH (NYMT), TPG RE Finance Trust (TRTX), Brookfield Property Reit (BPR) and Industrial Logistics Properties Trust (ILPT).

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), CBL & Associates Properties (CBL), Ares Capital (ARCC), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), Uniti Group (UNIT), Ladder Capital (LADR), NGL Energy Partners (NGL) and New Residential Investment (NRZ).

Ares Commercial Real Estate's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.91%), Vanguard Group Inc. (4.64%), Acadian Asset Management LLC (3.61%), Nuveen Asset Management LLC (1.44%), Morgan Stanley (1.29%) and Northern Trust Corp (1.12%). 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 Marshall Wace LLP, Renaissance Technologies LLC, Acadian Asset Management LLC, Citadel Advisors LLC, Allianz Asset Management GmbH, Bank of America Corp DE, Parametric Portfolio Associates LLC and Morgan Stanley. View Insider Buying and Selling for Ares Commercial Real Estate.

ACRE stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Greenwich Investment Management Inc., LSV Asset Management, Swiss National Bank, Navellier & Associates Inc, Chicago Equity Partners LLC and WINTON GROUP Ltd. 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, Scottrade, Fidelity and Charles Schwab.

One share of ACRE stock can currently be purchased for approximately $15.29.

Ares Commercial Real Estate has a market capitalization of $441.41 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]