ACRES Commercial Realty Corp. (ACR)

NYSE: ACR · IEX Real-Time Price · USD
8.36
-0.14 (-1.68%)
Jun 29, 2022 11:28 AM EDT - Market open
-1.68%
Market Cap 76.05M
Revenue (ttm) 48.30M
Net Income (ttm) 4.80M
Shares Out 9.10M
EPS (ttm) 0.51
PE Ratio 16.48
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 181
Open 8.36
Previous Close 8.50
Day's Range 8.36 - 8.36
52-Week Range 8.03 - 18.43
Beta 1.89
Analysts Buy
Price Target 17.60 (+110.6%)
Earnings Date Aug 3, 2022

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 other commercial real estate-related debt investments in the United States. It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial ... [Read more...]

Industry Mortgage Real Estate Investment Trusts (REITs)
Founded 2005
CEO Robert Lieber
Employees 2,018
Stock Exchange NYSE
Ticker Symbol ACR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for ACR stock is "Buy." The 12-month stock price forecast is 17.6, which is an increase of 110.60% from the latest price.

Price Target
$17.6
(110.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock

UNIONDALE, N.Y. , June 8, 2022 /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 (ACR) Reports Q1 Loss, Lags Revenue Estimates

ACRES Commercial (ACR) delivered earnings and revenue surprises of -196.15% and 28.73%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THREE MONTHS ENDED MARCH 31, 2022

UNIONDALE, N.Y. , May 5, 2022 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and man...

ACRES Commercial Realty Corp. to Report Results for First Quarter 2022

UNIONDALE, N.Y. , April 21, 2022 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its first quarter 2022 results on Thursday, May 5, 2022, af...

Is ACRES Commercial Realty (ACR) Outperforming Other Finance Stocks This Year?

Here is how ACRES Commercial (ACR) and Berkshire Hathaway B (BRK.B) have performed compared to their sector so far this year.

ACRES Commercial (ACR) Q4 Earnings and Revenues Surpass Estimates

ACRES Commercial (ACR) delivered earnings and revenue surprises of 414.29% and 29.23%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THREE MONTHS AND YEAR ENDED DECEMBER 31, 2021

UNIONDALE, N.Y. , March 3, 2022 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR", "ACRES Commercial Realty" or the "Company"), a real estate investment trust that is primarily focused on...

ACRES Commercial Realty Corp. to Report Results for Fourth Quarter 2021

UNIONDALE, N.Y., Feb. 17, 2022 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its fourth quarter 2021 results on Thursday, March 3, 2022, a...

ACRES Commercial Realty Corp. Announces Pricing of a $700 Million CLO Backed by Commercial Mortgage Loans

UNIONDALE, N.Y., Dec. 7, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced that its newly formed subsidiaries, ACRES Commercial Realty 2021-FL2 Issuer, Ltd.

ACRES Commercial Realty Corp. Reauthorizes a $20 Million Share Repurchase Program

UNIONDALE, N.Y., Nov. 5, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its board of directors (the "Board") authorized and approved the continued use...

ACRES Commercial (ACR) Reports Q3 Loss, Misses Revenue Estimates

ACRES Commercial (ACR) delivered earnings and revenue surprises of -216.13% and -11.66%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

ACRES Commercial Realty Corp. Reports Results For Three And Nine Months Ended September 30, 2021

UNIONDALE, N.Y., Nov. 4, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and man...

Earnings Preview: ACRES Commercial (ACR) Q3 Earnings Expected to Decline

ACRES Commercial (ACR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ACRES Commercial Realty Corp. to Report Results for Third Quarter 2021

UNIONDALE, N.Y., Oct. 18, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its third quarter 2021 results on Thursday, November 4, 2021,...

ACRES Commercial Realty Corp. Announces Pricing of $150 Million Offering of 5.75% Senior Unsecured Notes due 2026

WESTBURY, N.Y., Aug. 9, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today the pricing of its underwritten public offering of $150 million aggregate principal...

ACRES Commercial (ACR) Lags Q2 Earnings Estimates

ACRES Commercial (ACR) delivered earnings and revenue surprises of -41.18% and 12.56%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

ACRES Commercial Realty Corp. Reports Results For Three And Six Months Ended June 30, 2021

WESTBURY, N.Y., Aug. 4, 2021 /PRNewswire/ --  ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and man...

Analysts Estimate ACRES Commercial (ACR) to Report a Decline in Earnings: What to Look Out for

ACRES Commercial (ACR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ACRES Commercial Realty Corp. to Report Results for Second Quarter 2021

WESTBURY, N.Y., July 21, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its second quarter 2021 results on Wednesday, August 4, 2021, ...

ACRES Commercial Realty Corp. Announces Completion of Follow-On Public Offering of 7.875% Series D Cumulative Redeema...

WESTBURY, N.Y., June 30, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today the completion of a follow-on public offering of 2,200,000 shares of its 7.875% Se...

ACRES Commercial Realty Corp. Announces Pricing of Follow-On Public Offering of 7.875% Series D Cumulative Redeemable...

WESTBURY, N.Y., June 28, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today the pricing of a follow-on public offering of 2,000,000 shares of its 7.875% Serie...

ACRES Commercial Realty Corp. Announces the Appointment of Two New Members to its Board of Directors

WESTBURY, N.Y., June 10, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACRES" or the "Company"), announced that Karen Edwards and Dawanna Williams have been appointed to its Board of ...

ACRES Commercial Realty (ACR) Enters Overbought Territory

ACRES Commercial Realty (ACR) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

ACRES Commercial Realty Corp. Announces Pricing of Public Offering of 7.875% Series D Cumulative Redeemable Preferred...

WESTBURY, N.Y., May 14, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today the pricing of a public offering of 2,400,000 shares of its newly designated 7.875%...

ACRES Commercial Realty Corp. Announces Launch of Public Offering of Series D Cumulative Redeemable Preferred Stock

WESTBURY, N.Y., May 13, 2021 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today the launch of a public offering of shares of its Series D Cumulative Redeemable Pre...