ACRES Commercial Realty Corp. (ACR)

NYSE: ACR · Real-Time Price · USD
16.74
+0.10 (0.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.60%
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]

Industry REIT - Mortgage
Sector Real Estate
Founded 2005
Employees 4
Stock Exchange NYSE
Ticker Symbol ACR
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$17.5
(4.54% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

20 days ago - Seeking Alpha

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...

21 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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.

2 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - Seeking Alpha

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.

Other symbols: PTY
8 months ago - Seeking Alpha

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...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

Pivot Pending

U.S. equity markets notched a fifth-straight week of gains as benchmark interest rates continued a decisive retreat after economic data and comments from Fed officials fueled bets on a pending pivot. ...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - Seeking Alpha