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Ares Commercial Real Estate Corp. (ACRE)

Stock Price: $14.65 USD 0.59 (4.20%)
Updated May 13, 2021 4:00 PM EDT - Market closed
Market Cap 588.08M
Revenue (ttm) 82.79M
Net Income (ttm) 54.84M
Shares Out 34.42M
EPS (ttm) 1.62
PE Ratio 9.07
Forward PE 10.01
Dividend $1.32
Dividend Yield 9.01%
Trading Day May 13
Last Price $14.65
Previous Close $14.06
Change ($) 0.59
Change (%) 4.20%
Day's Open 14.11
Day's Range 14.10 - 14.65
Day's Volume 506,015
52-Week Range 5.05 - 15.15

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Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 8.11% and 3.73%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

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, reporte...

1 week ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the first quarter ended March 31, 2021 on Tuesday, May 4, 2021 prior to t...

3 weeks ago - Business Wire

Does Ares Commercial Real Estate (ACRE) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), today announced the pricing of an underwritten public offering of 7,000,000 shares of common stock for tot...

1 month ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), today announced the launch of an underwritten public offering of 7,000,000 shares of common stock. The Com...

1 month ago - Business Wire

Dividend stocks come in many flavors although investors may associate them primarily with the energy sector. These seven stocks cross industries.

Other stocks mentioned: ABBV, ADM, FTAI, GLPI, PM, WMT
2 months ago - InvestorPlace

As of late, it has definitely been a great time to be an investor in Ares Commercial Real Estate (ACRE).

2 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 17.14% and 4.09%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the s...

2 months ago - Zacks Investment Research

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, reporte...

2 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company” or “ACRE”) announced today that the Company, through wholly owned indirect subsidiaries, closed an approxim...

3 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2020 tax treatment for the Company's common stock distributions (CUSIP # 04013V-10-8)....

3 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2020 on Thu...

3 months ago - Business Wire

ACRE's conservative portfolio and leverage positioned it very well to weather the COVID-19 impact to its asset base. ACRE's portfolio is 94% senior secured loans, and it pays an effective 3.8% on its li...

4 months ago - Seeking Alpha

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (“ACRE”) (NYSE:ACRE) announced today that it declared a fourth quarter 2020 cash dividend of $0.33 per common share. The dividend is pa...

4 months ago - Business Wire

Ares Commercial Real Estate (ACRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

4 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for December 15th

Other stocks mentioned: BGS, CM, GLPI
4 months ago - Zacks Investment Research

This has been a year of the have and have-nots for sure. The S&P 500 is up about 12% year to date.

Other stocks mentioned: STWD, ABR, LADR, NREF
5 months ago - 24/7 Wall Street

Ares Commercial Real Estate (ACRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

6 months ago - Zacks Investment Research

Ares Commercial Real Estate Corporation (ACRE) CEO Bryan Donohoe on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 47.62% and 10.56%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the...

6 months ago - Zacks Investment Research

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, reporte...

6 months ago - Business Wire

Ares Commercial Real Estate (ACRE) 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.

6 months ago - Zacks Investment Research

Retail Value Inc again showed top-broker estimated-net gains of 141.2%, while Klepierre had the top 17.19% yield out of 350 U.S. REITs per YCharts data 10/16/20.

Other stocks mentioned: AFIN, APTS, ARI, BXMT, CHMI, CIM, GEO ...
6 months ago - Seeking Alpha

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will release financial results for the third quarter ended September 30, 2020 on Thursday, October...

6 months ago - Business Wire

Ares Commercial Real Estate: A 13.8% Yield With 95% Senior Loans

7 months ago - Seeking Alpha

Retail Value Inc. again showed top broker estimated net gains of 149.61%, while Two Harbors Investment showed top 18.57% yield (@$5.33 price) out of 350 U.S. REITs per YCharts data 9/17/20.

Other stocks mentioned: ARI, BFS, BXMT, CIM, CIO, GNL, GOOD ...
7 months ago - Seeking Alpha

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (“ACRE”) (NYSE:ACRE) announced today that it declared a third quarter 2020 cash dividend of $0.33 per common share payable on October 1...

7 months ago - Business Wire

Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 33.33% and -0.55%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

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, reporte...

9 months ago - Business Wire

Although lower rates are expected to have reduced Ares Commercial's (ACRE) Q2 interest expenses, debt servicing for its senior loans on hotel properties is expected to have been concerning.

9 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) 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.

9 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

9 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will release financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2...

9 months ago - Business Wire

Top Ranked Income Stocks to Buy for July 24th

Other stocks mentioned: CEO, SRLP
9 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for July 23rd

Other stocks mentioned: DCP, MIC, RIO
9 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

9 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

As stability in the mortgage space is restored, thanks to the continuous regulatory relief, mREITs are poised to recover book value losses incurred during the market havoc in March.

Other stocks mentioned: ARI, STWD
9 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for July 15th

Other stocks mentioned: ARI, MMLP
9 months ago - Zacks Investment Research

Ares Commercial's 15%+ Yield May Actually Be Sustainable

10 months ago - Seeking Alpha

Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Shares of Ares Commercial Real Estate (NYSE:ACRE) were unchanged in pre-market trading after the company reported Q1 results.

1 year ago - Benzinga

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of -3.03% and 8.44%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) 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.

1 year ago - Zacks Investment Research

Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

These are the small cap stocks with the best value, fastest growth, and most momentum for November.

Other stocks mentioned: APPS, AXSM, CNNE, CNST, CRC, CRZO, SIG ...
1 year ago - Investopedia

Ares Commercial Real Estate Corporation (ACRE) CEO Jamie Henderson on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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 products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. Ares Commercial Real Estate Corporation has elected and qualifi... [Read more...]

Industry
REIT-Mortgage
IPO Date
Apr 26, 2012
CEO
Bryan Donohoe
Country
United States
Stock Exchange
NYSE
Ticker Symbol
ACRE
Full Company Profile

Financial Performance

In 2020, ACRE's revenue was $82.70 million, an increase of 7.04% compared to the previous year's $77.26 million. Earnings were $21.84 million, a decrease of -40.96%.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for ACRE stock is "Buy." The 12-month stock price forecast is 16.00, which is an increase of 9.22% from the latest price.

Price Target
$16.00
(9.22% upside)
Analyst Consensus: Buy