Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · Real-Time Price · USD
6.39
+0.27 (4.41%)
At close: Dec 20, 2024, 4:00 PM
6.43
+0.04 (0.63%)
After-hours: Dec 20, 2024, 7:05 PM EST

ACRE Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for ACRE stock have an average target of 7.10, with a low estimate of 6.50 and a high estimate of 8.00. The average target predicts an increase of 11.11% from the current stock price of 6.39.

Analyst Consensus: Hold
Target Low Average Median High
Price $6.50 $7.10 $7.00 $8.00
Change +1.72% +11.11% +9.55% +25.20%
* Price targets were last updated on Oct 17, 2024.

Analyst Ratings

The average analyst rating for ACRE stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 000000
Hold 665555
Sell 112222
Strong Sell 000000
Total 777777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Dec 9, 2024
JP Morgan
JP Morgan
Hold
Maintains
$7$6.5
Hold Maintains $7$6.5 +1.72% Oct 17, 2024
Wells Fargo
Wells Fargo
Sell
Downgrades
$7.5$7
Sell Downgrades $7.5$7 +9.55% Sep 20, 2024
BTIG
BTIG
Hold
Initiates
n/a
Hold Initiates n/a n/a Jul 19, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$7.5$7
Hold Maintains $7.5$7 +9.55% May 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
70.60M
Revenue Next Year
68.37M
from 70.60M
Decreased by -3.16%
EPS This Year
-0.43
from -0.72
EPS Next Year
0.21
from -0.43
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----70.60M68.37M74.22M
Revenue Growth
39.75%-19.09%63.27%-41.10%-98.17%--3.16%8.56%
EPS
1.280.661.420.57-0.72-0.430.210.86
EPS Growth
-5.19%-48.44%115.15%-59.86%---308.34%
Forward PE
------30.457.46
No. Analysts -----10105
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 74.1M 80.5M 82.5M
Avg 70.6M 68.4M 74.2M
Low 65.7M 53.9M 65.7M

Revenue Growth

Revenue Growth 202420252026
High -
14.1%
20.6%
Avg -
-3.2%
8.6%
Low -
-23.7%
-4.0%

EPS Forecast

EPS 202420252026
High -0.37 0.69 1.00
Avg -0.43 0.21 0.86
Low -0.53 -0.48 0.72

EPS Growth

EPS Growth 202420252026
High - -
375.4%
Avg - -
308.3%
Low - -
241.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.