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

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$15.36 -0.07 (-0.45 %)
(As of 04/18/2019 03:07 PM ET)
Previous Close$15.43
Today's Range$15.32 - $15.4350
52-Week Range$12.08 - $15.53
Volume71,247 shs
Average Volume209,603 shs
Market Capitalization$441.69 million
P/E Ratio11.05
Dividend Yield8.57%
Beta0.61
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP04013V10
Phone212-750-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$118.28 million
Cash Flow$1.3368 per share
Book Value$14.83 per share

Profitability

Net Income$38.60 million

Miscellaneous

Employees1,075
Market Cap$441.69 million
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Ares Commercial Real Estate (NYSE:ACRE) Frequently Asked Questions

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."

How often does Ares Commercial Real Estate pay dividends? What is the dividend yield for Ares Commercial Real Estate?

Ares Commercial Real Estate announced a quarterly dividend on Friday, February 22nd. Stockholders of record on Friday, March 29th will be given a dividend of $0.33 per share on Tuesday, April 16th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from Ares Commercial Real Estate's previous quarterly dividend of $0.31. View Ares Commercial Real Estate's Dividend History.

How were Ares Commercial Real Estate's earnings last quarter?

Ares Commercial Real Estate Corp (NYSE:ACRE) posted its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.37 EPS for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.06. The real estate investment trust had revenue of $30.88 million for the quarter, compared to analysts' expectations of $29 million. Ares Commercial Real Estate had a net margin of 32.63% and a return on equity of 9.39%. View Ares Commercial Real Estate's Earnings History.

When is Ares Commercial Real Estate's next earnings date?

Ares Commercial Real Estate is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Ares Commercial Real Estate.

What price target have analysts set for ACRE?

6 Wall Street analysts have issued 12 month price targets for Ares Commercial Real Estate's stock. Their forecasts range from $14.00 to $15.00. On average, they expect Ares Commercial Real Estate's stock price to reach $14.60 in the next year. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for Ares Commercial Real Estate.

What is the consensus analysts' recommendation for Ares Commercial Real Estate?

6 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, 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.

Has Ares Commercial Real Estate been receiving favorable news coverage?

Media stories about ACRE stock have trended neutral on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing 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 five, with scores nearest to five being the most favorable. Ares Commercial Real Estate earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Ares Commercial Real Estate?

Ares Commercial Real Estate saw a increase in short interest in March. As of March 29th, there was short interest totalling 1,002,418 shares, an increase of 61.4% from the March 15th total of 621,171 shares. Based on an average daily trading volume, of 236,998 shares, the short-interest ratio is presently 4.2 days. Approximately 3.9% of the shares of the stock are short sold. View Ares Commercial Real Estate's Current Options Chain.

Who are some of Ares Commercial Real Estate's key competitors?

What other stocks do shareholders of Ares Commercial Real Estate own?

Who are Ares Commercial Real Estate's key executives?

Ares Commercial Real Estate's management team includes the folowing 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 Officer
  • Mr. Carl G. Drake C.F.A., CFA, Partner/Head of Public Investor Relations & Communications
  • Ms. Michele Brancati, Investor Relations Contact

Who are Ares Commercial Real Estate's major shareholders?

Ares Commercial Real Estate's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Meeder Asset Management Inc. (0.12%). Company insiders that own Ares Commercial Real Estate stock include James Alan Henderson, James E Skinner, Michael J Arougheti, Rand Scott April, Robert L Rosen and William Stephen Benjamin. View Institutional Ownership Trends for Ares Commercial Real Estate.

Which major investors are buying Ares Commercial Real Estate stock?

ACRE stock was acquired by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. Company insiders that have bought Ares Commercial Real Estate stock in the last two years include James E Skinner, Michael J Arougheti, Rand Scott April, Robert L Rosen and William Stephen Benjamin. View Insider Buying and Selling 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, Scottrade, 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 $15.36.

How big of a company is Ares Commercial Real Estate?

Ares Commercial Real Estate has a market capitalization of $441.69 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.

What is Ares Commercial Real Estate's official website?

The official website for Ares Commercial Real Estate is http://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]


MarketBeat Community Rating for Ares Commercial Real Estate (NYSE ACRE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  245 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  492
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.
This page was last updated on 4/18/2019 by MarketBeat.com Staff

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