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

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

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.

6 equities research analysts have issued 1 year price targets for Ares Commercial Real Estate's shares. Their forecasts range from $14.00 to $15.00. On average, they anticipate 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 5.0%. View Analyst Price Targets 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.

Press coverage about ACRE stock has trended somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. 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 coverage optimism score of 0.7 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the next few days.

Some companies that are related to Ares Commercial Real Estate include LTC Properties (LTC), Uniti Group (UNIT), Alexander & Baldwin (ALEX), National Storage Affiliates Trust (NSA), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Global Net Lease (GNL), Redwood Trust (RWT), Safestore (SFSHF), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), Industrial Logistics Properties Trust (ILPT), Kite Realty Group Trust (KRG), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. (MNR) and KKR Real Estate Finance Trust (KREF).

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), New Residential Investment (NRZ), Ladder Capital (LADR), Ares Capital (ARCC), AGNC Investment (AGNC), Uniti Group (UNIT), Government Properties Income Trust (GOV) and Invesco Mortgage Capital (IVR).

Ares Commercial Real Estate's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.17%), Boston Partners (6.74%), Acadian Asset Management LLC (3.48%), Telemus Capital LLC (2.23%), Nomura Holdings Inc. (1.73%) and Northern Trust Corp (1.12%). 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.

ACRE stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., D. E. Shaw & Co. Inc., Advisors Capital Management LLC, Camelot Portfolios LLC, Thrivent Financial for Lutherans, Delphi Management Inc. MA and Barclays PLC. 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 Acadian Asset Management LLC, Millennium Management LLC, Zacks Investment Management, Summit Global Investments, Municipal Employees Retirement System of Michigan, LSV Asset Management, Nomura Holdings Inc. and Martingale Asset Management L P. 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.

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 $15.37.

Ares Commercial Real Estate has a market capitalization of $442.04 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.

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]