Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · Real-Time Price · USD
7.81
+0.15 (1.96%)
Sep 19, 2024, 4:00 PM EDT - Market closed
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 -7.17% from the current stock price of 7.81.
Analyst Consensus: Hold
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for ACRE stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 6 | 6 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 7 | 6 |
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 | -10.37% | May 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8 → $7.5 | Hold | Maintains | $8 → $7.5 | -3.97% | Apr 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | -10.37% | Apr 10, 2024 |
| UBS | UBS | Hold Maintains $11 → $8 | Hold | Maintains | $11 → $8 | +2.43% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
69.64M
Revenue Next Year
69.50M
from 69.64M
Decreased by -0.20%
EPS This Year
-0.12
from -0.72
EPS Next Year
0.59
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 75.8M | 79.0M | 88.9M |
| Avg | 69.6M | 69.5M | 86.4M |
| Low | 64.7M | 59.8M | 83.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.4% | 28.0% |
| Avg | - | -0.2% | 24.3% |
| Low | - | -14.2% | 19.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.03 | 0.69 | 1.18 |
| Avg | -0.12 | 0.59 | 1.14 |
| Low | -0.20 | 0.45 | 1.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 99.5% |
| Avg | - | - | 93.8% |
| Low | - | - | 86.2% |
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.