Ares Commercial Real Estate Corporation (ACRE)
| Market Cap | 200.62M |
| Revenue (ttm) | 87.80M |
| Net Income (ttm) | -34.99M |
| Shares Out | 54.82M |
| EPS (ttm) | -0.64 |
| PE Ratio | n/a |
| Forward PE | 21.27 |
| Dividend | $0.90 (24.52%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 847,812 |
| Open | 3.735 |
| Previous Close | 3.680 |
| Day's Range | 3.620 - 3.830 |
| 52-Week Range | 3.350 - 7.990 |
| Beta | 1.28 |
| Analysts | Hold |
| Price Target | 5.56 (+51.91%) |
| Earnings Date | May 8, 2025 |
About ACRE
Ares Commercial Real Estate Corporation, a specialty finance company, engages in originating and investing in commercial real estate (CRE) loans and related investments in the United States. It provides loan opportunities for the owners, operators, and sponsors of CRE properties. The company’s investments includes senior mortgage loans, subordinate debt, 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 trus... [Read more]
Financial Performance
In 2024, ACRE's revenue was $87.80 million, an increase of 7874.75% compared to the previous year's $1.10 million. Losses were -$34.99 million, -9.97% less than in 2023.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ACRE stock is "Hold." The 12-month stock price forecast is $5.56, which is an increase of 51.91% from the latest price.
News
Ares Commercial: Smoked Like Cheap Brisket
The market is experiencing significant turmoil due to the largest round of U.S. tariffs in 100 years, affecting nearly every asset class. ACRE faces increasing trouble from rising non-performing loans...
Ares Commercial: 50%+ Book Value Discount Is Excessive (Rating Upgrade)
Ares Commercial Real Estate announced a 40% dividend cut for Q1 '25, reducing the quarterly dividend to $0.15 per-share. Persistent loan quality issues, particularly in the office portfolio, forced AC...
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commerci...
Ares Commercial Real Estate: 40% Dividend Cut, What Now?
Ares Commercial Real Estate Corporation cut its dividend by 40% due to persistent loan quality issues and underperforming distributable earnings, following a 24% cut in early 2024. The mortgage REIT's...
Why Dividends Matter, Even The Little Ones
Dividends provide a reliable income stream, especially during tough economic times, alleviating financial pressure without the need to sell shares. Persistent inflation makes dividend income increasin...
Ares Commercial Real Estate Corporation (ACRE) Q4 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (NYSE:ACRE) Q4 2024 Earnings Conference Call February 12, 2024 11:00 AM ET Company Participants John Stilmar - MD, IR Bryan Donohoe - CEO Jeff Gonzales - CFO C...
Ares Commercial: Mortgage REIT Cuts On Schedule
Ares Commercial cut once again. Q4-2024 saw negative distributable EPS and increased loans rated 4 and 5. ACRE has had the worst underwriting results in mortgage REITs, and it is not even close.
Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real e...
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2024 on Wednesday, ...
Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2024 tax treatment for the Company's common stock distributions (CUSIP # 04013V-10-8...
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
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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...
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