ACRES Commercial Realty Corp. (ACR)
Market Cap | 119.90M |
Revenue (ttm) | 77.44M |
Net Income (ttm) | 6.73M |
Shares Out | 7.16M |
EPS (ttm) | 0.83 |
PE Ratio | 20.12 |
Forward PE | 28.62 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 12,130 |
Open | 16.38 |
Previous Close | 16.64 |
Day's Range | 16.38 - 16.74 |
52-Week Range | 7.31 - 16.93 |
Beta | 2.05 |
Analysts | Buy |
Price Target | 17.50 (+4.54%) |
Earnings Date | Oct 30, 2024 |
About ACR
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities. The company qual... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ACR stock is "Buy." The 12-month stock price forecast is $17.5, which is an increase of 4.54% from the latest price.
News
ACRES Commercial Realty Corp. (ACR) Q3 2024 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Kyle Brengel - VP of Operations Mark Fogel - President and CEO Eldron Black...
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024
UNIONDALE, N.Y. , Oct. 30, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding an...
ACRES Commercial Realty Corp. to Report Results for Third Quarter 2024
UNIONDALE, N.Y. , Oct. 16, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the third quarter 2024, on Wednesday, Oct...
ACRES Commercial Realty: Will The Dividend Be Reinstated?
ACRES Commercial Realty is trading for 66 cents on the dollar. The mREIT continues to buy back shares and has $4.1 million outstanding on its buyback program. CECL reserve and the CRE loan portfolio r...
ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
UNIONDALE, N.Y. , Sept. 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock.
ACRES Commercial Realty Corp. (ACR) Q2 2024 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR) Q2 2024 Earnings Call Transcript August 1, 2024 10:00 AM ET Company Participants Kyle Brengel - VP of Operations Mark Fogel - President and CEO Eldron Blackwe...
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR SECOND QUARTER 2024
UNIONDALE, N.Y. , July 31, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding an...
ACRES Commercial Realty Corp. to Report Results for Second Quarter 2024
UNIONDALE, N.Y. , July 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the second quarter 2024, on Wednesday, Ju...
ACRES Commercial Realty Corp. (ACR) Q1 2024 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Kyle Brengel - VP, Operations Mark Fogel - President & CEO Eldron Blackwell - CF...
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FIRST QUARTER 2024
UNIONDALE, N.Y. , May 1, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and ...
ACRES Commercial Realty Corp. to Report Results for First Quarter 2024
UNIONDALE, N.Y. , April 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the first quarter 2024, on Wednesday, Ma...
ACRES Commercial Realty: The Discount To Book Value Is Too Much
ACRES Commercial Realty is trading at a material discount to GAAP book value per share of $26.65 at the end of its fiscal 2023 fourth quarter. The mREIT's focus on multifamily loans means it's less ex...
I Am Buying The Dip: 2 Big Fat Dividends
When others panic, the calm ones can find outstanding opportunities. I am locking in fantastic yields for dividends I'll be paid for decades to come. We take a deeper look at two opportunities.
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FOURTH QUARTER 2023 AND YEAR ENDED DECEMBER 31, 2023
UNIONDALE, N.Y. , Feb. 28, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and...
ACRES Commercial Realty Corp. to Report Results for Fourth Quarter and Year Ended December 31, 2023
UNIONDALE, N.Y. , Feb. 14, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its results for the fourth quarter and year ended December...
ACRES Commercial Realty Corp. Reauthorizes an Additional $10 Million Share Repurchase Program
UNIONDALE, N.Y. , Nov. 30, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its board of directors (the "Board") authorized and approved the continued...
ACRES Commercial Realty Corp. (ACR) Q3 2023 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Jaclyn Jesberger - Chief Legal Officer Mark Fogel - President and Chief Exe...
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2023
UNIONDALE, N.Y. , Nov. 1, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and ...
ACRES COMMERCIAL REALTY CORP. ANNOUNCES RETIREMENT OF CHIEF FINANCIAL OFFICER DAVID J.
UNIONDALE, N.Y. , Nov. 1, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and ...
ACRES Commercial Realty Corp. to Report Results for Third Quarter 2023
UNIONDALE, N.Y. , Oct. 18, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its results for the third quarter 2023, on Wednesday, Nove...
ACRES Commercial Realty Corp. (ACR) Q2 2023 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Kyle Brengel - Investor Relations Mark Fogel - President and Chief Executive ...
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR SECOND QUARTER 2023
UNIONDALE, N.Y. , Aug. 2, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and...
ACRES Commercial Realty Corp. to Report Results for Second Quarter 2023
UNIONDALE, N.Y. , July 19, 2023 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its results for the second quarter 2023, on Wednesday, Aug...
ACRES Commercial: Preferreds For Yield, Common For Upside
ACRES Commercial Realty Corp. is a mortgage REIT valued at $75 million, offering potential for income and total return investors. Since ACRES Capital took over management 2.5 years ago, the company's ...