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
* 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 '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 6 | 6 | 5 | 5 | 5 | 5 |
Sell | 1 | 1 | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 7 | 7 |
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 | Hold → Sell Downgrades $7.5 → $7 | Hold → 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 |
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
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 14.1% | 20.6% |
Avg | - | -3.2% | 8.6% |
Low | - | -23.7% | -4.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.