Skip to main content

Ares Commercial Real Estate Corp. (ACRE)

NYSE: ACRE · IEX Real-Time Price · USD
15.38 -0.17 (-1.09%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap722.89M
Revenue (ttm)88.33M
Net Income (ttm)62.69M
Shares Out41.01M
EPS (ttm)1.75
PE Ratio8.78
Forward PE10.24
Dividend$1.32 (8.58%)
Ex-Dividend DateSep 29, 2021
Volume1,571,872
Open15.52
Previous Close15.55
Day's Range15.36 - 15.65
52-Week Range8.18 - 16.96
Beta1.37
AnalystsBuy
Price Target16.25 (+5.7%)
Est. Earnings DateOct 28, 2021

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...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateApr 26, 2012
CEOBryan Donohoe
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolACRE
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 Forecast

According to 5 analysts, the average rating for ACRE stock is "Buy." The 12-month stock price forecast is 16.25, which is an increase of 5.66% from the latest price.

Price Target
$16.25
(5.66% upside)
Analyst Consensus: Buy

News

Ares Commercial Real Estate (ACRE) Surpasses Q2 Earnings Estimates

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 5.71% and -2.35%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Ares Commercial Real Estate: Q2 Earnings Insights

Shares of Ares Commercial Real (NYSE:ACRE) fell 0.9% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 15.62% year over year to $0.37, which beat the...

1 month ago - Benzinga

Ares Commercial Real Estate Corporation Reports Second Quarter 2021 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, reporte...

1 month ago - Business Wire

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended J...

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the second quarter ended June 30, 2021 on Friday, July 30, 2021 prior to ...

1 month ago - Business Wire

Ares Commercial (ACRE) to Raise $103M From Common Share Offering

Ares Commercial (ACRE) plans to utilize the net proceeds for share offering to fund investments in mortgage loans and other investments, and repay debt.

2 months ago - Zacks Investment Research

Why Shares of Ares Commercial Real Estate Corp Are Falling Today

The company announced the pricing on an issuance of common stock.

3 months ago - The Motley Fool

Ares Commercial Real Estate Corporation Announces Pricing of Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), today announced the pricing of an underwritten public offering of 6,500,000 shares of common stock for tot...

3 months ago - Business Wire

Ares Commercial Real Estate Corporation Announces Launch of Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), today announced the launch of an underwritten public offering of 6,500,000 shares of common stock. The Com...

3 months ago - Business Wire

Ares Commercial Real Estate (ACRE) Q1 Earnings and Revenues Top Estimates

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?

4 months ago - Zacks Investment Research

Ares Commercial Real Estate Corporation Reports First Quarter 2021 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, reporte...

4 months ago - Business Wire

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended Ma...

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...

4 months ago - Business Wire

Ares Commercial Real Estate (ACRE) is a Great Momentum Stock: Should You Buy?

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

6 months ago - Zacks Investment Research

Ares Commercial Real Estate Corporation Announces Launch of Offering of Common Stock

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...

6 months ago - Business Wire

7 Great Dividend Stocks Outside the Energy Sector

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

Other symbols:ABBVADMFTAIGLPIPMWMT
6 months ago - InvestorPlace

Ares Commercial Real Estate's (ACRE) Shares March Higher, Can It Continue?

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

6 months ago - Zacks Investment Research

All You Need to Know About Ares Commercial Real Estate (ACRE) Rating Upgrade to Buy

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.

6 months ago - Zacks Investment Research

Ares Commercial Real Estate (ACRE) Surpasses Q4 Earnings and Revenue Estimates

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...

7 months ago - Zacks Investment Research

Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2020 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, reporte...

7 months ago - Business Wire

Ares Commercial Real Estate Corporation Closes $667 Million CRE CLO

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...

7 months ago - Business Wire

Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2020

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)....

7 months ago - Business Wire

Ares Commercial Real Estate Corporation Schedules Earnings Release for the Fourth Quarter and Full Year Ended Decembe...

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...

7 months ago - Business Wire

Ares Commercial Real Estate Corporation: This mREIT Yielding 10% Is Fairly Valued If An Old Sin Is Forgiven

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...

9 months ago - Seeking Alpha

Ares Commercial Real Estate Corporation Declares Fourth Quarter 2020 Dividend

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...

9 months ago - Business Wire

Ares Commercial Real Estate (ACRE) Upgraded to Strong Buy: Here's What You Should Know

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).

9 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for December 15th

Top Ranked Income Stocks to Buy for December 15th

Other symbols:BGSCMGLPI
9 months ago - Zacks Investment Research