Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · IEX Real-Time Price · USD
6.78
-0.07 (-1.02%)
May 8, 2024, 10:02 AM EDT - Market open
ACRE Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ACRE stock have an average target of 7.38, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 8.85% from the current stock price of 6.78.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8 → $7.5 | Hold | Maintains | $8 → $7.5 | +10.62% | Apr 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +3.24% | Apr 10, 2024 |
| UBS | UBS | Hold Maintains $11 → $8 | Hold | Maintains | $11 → $8 | +17.99% | Mar 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $11 → $7 | Strong Buy → Sell | Downgrades | $11 → $7 | +3.24% | Mar 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | +17.99% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
70.46M
from 92.93M
Decreased by -24.18%
Revenue Next Year
69.67M
from 70.46M
Decreased by -1.12%
EPS This Year
0.08
from -0.72
EPS Next Year
0.82
from 0.08
Increased by 921.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 103.3M | 78.9M | 80.4M |
| Avg | 70.5M | 69.7M | 78.1M |
| Low | 49.0M | 52.9M | 75.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.2% | 11.9% | 15.4% |
| Avg | -24.2% | -1.1% | 12.1% |
| Low | -47.3% | -24.9% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.67 | 0.90 | 1.02 |
| Avg | 0.08 | 0.82 | 0.99 |
| Low | -0.47 | 0.72 | 0.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 1,030.2% | 24.8% |
| Avg | - | 921.3% | 21.2% |
| Low | - | 795.4% | 16.5% |
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.