Ares Commercial Real Estate Corporation (ACRE)
| Market Cap | 323.06M |
| Revenue (ttm) | 39.42M |
| Net Income (ttm) | -63.74M |
| Shares Out | 54.48M |
| EPS (ttm) | -1.18 |
| PE Ratio | n/a |
| Forward PE | 15.84 |
| Dividend | $1.00 (16.86%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 504,394 |
| Open | 5.87 |
| Previous Close | 5.81 |
| Day's Range | 5.83 - 5.99 |
| 52-Week Range | 5.33 - 10.53 |
| Beta | 1.55 |
| Analysts | Hold |
| Price Target | 6.90 (+16.36%) |
| Earnings Date | Feb 20, 2025 |
About ACRE
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt and preferred equity products, mezzanine loans, and other CRE investments, including commercial mortgage-backed securities. It has elected and qualified to be taxed as a real estate investment trust for the U... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ACRE stock is "Hold." The 12-month stock price forecast is $6.9, which is an increase of 16.36% from the latest price.
News
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...
Ares Commercial: The Worst Could Be Ahead
ACRE's heavy exposure to distressed asset classes like office, multifamily, and hotels, coupled with rising delinquencies, justifies a Sell rating. Despite management's optimistic outlook, ACRE's incr...
The More They Drop, The More I Buy
When risks climb, it's important to understand and evaluate them. I collect income on the cheap, from others running away from their fears. Enjoy massive yields from these three picks.
Ares Commercial: 15% Yield In Danger
ACRE's stock has dropped by 25% since the initial bearish article. ACRE reduced its dividend from 33 cents to 25 cents in February 2024, but distributable earnings continue to come in well below this ...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
Ares Commercial Real Estate failed to cover its dividend with distributable profits in 3Q24, reflecting high dividend adjustment risk and ongoing loan issues. The trust's portfolio has shrunk by 15% d...
Ares Commercial: The 14% Yield Is Likely Not Sustainable
Ares Commercial continues to face problems related to impaired loans in its office segment. The commercial mortgage REIT was forced to increase its CECL reserve in the third-quarter. ACRE realized los...
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, repor...
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the third quarter ended September 30, 2024 on November 7, 2024 prior to...
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
Ares Commercial Real Estate: 14% Undercovered Yield, But There Is Hope
Ares Commercial Real Estate reported negative distributable earnings for the second consecutive quarter due to loan sales below book value, impacting profitability and book value. Despite ongoing loan...
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred shar...
Ares Commercial: High Risk Of A Second Dividend Reset
Ares Commercial Real Estate faces challenges in its loan portfolio, leading to realized losses from loan sales. The REIT's CECL reserve increased due to continual loan issues, particularly in the trou...
Ares Commercial: Another Big Loan Goes On Non-Accrual
Ares Commercial Real Estate Corporation cut its distribution within two weeks of our initial coverage, resulting in negative total returns. Q2-2024 results showed significant losses, with non-accrual ...
Ares Commercial Real Estate Corporation Reports Second Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, repor...
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2024
NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will report earnings for the second quarter ended June 30, 2024 on August 6, 202...
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...
4 Double-Digit Dividend Distributors
Dividend yields from 13.2% to 17.4%. Two of these stocks are awful. Pair trade? I keep buying one of the REITs. Hopefully, it isn't one of the awful ones. That would be awful.
12% Dividend Yield Sure Beats 8%
Management tried to keep the dividend down. They have the cash to pay out. These shares ranked ahead of the common shares. We've invested in these shares before. Now we're doing it again. Except this ...