Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · IEX Real-Time Price · USD
7.61
-0.02 (-0.26%)
At close: Jul 19, 2024, 4:00 PM
7.56
-0.05 (-0.66%)
After-hours: Jul 20, 2024, 12:58 PM EDT
ACRE Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ACRE stock have an average target of 7.25, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts a decrease of -4.73% from the current stock price of 7.61.
Analyst Consensus: Hold
* Price targets were last updated on May 10, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | -8.02% | May 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8 → $7.5 | Hold | Maintains | $8 → $7.5 | -1.45% | Apr 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | -8.02% | Apr 10, 2024 |
| UBS | UBS | Hold Maintains $11 → $8 | Hold | Maintains | $11 → $8 | +5.12% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
76.36M
from 92.93M
Decreased by -17.83%
Revenue Next Year
74.92M
from 76.36M
Decreased by -1.89%
EPS This Year
-0.00
from -0.72
EPS Next Year
0.71
from -0.00
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 103.3M | 86.0M | 91.4M |
| Avg | 76.4M | 74.9M | 88.8M |
| Low | 55.7M | 64.7M | 85.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.2% | 12.6% | 22.0% |
| Avg | -17.8% | -1.9% | 18.5% |
| Low | -40.1% | -15.3% | 13.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.26 | 0.92 | 1.19 |
| Avg | -0.00 | 0.71 | 1.15 |
| Low | -0.29 | 0.61 | 1.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 66.8% |
| Avg | - | - | 62.0% |
| Low | - | - | 55.7% |
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.