Ares Commercial Real Estate Corp. (ACRE)
ACRE has a market cap or net worth of $792.62 million. The enterprise value is $2.57 billion.
The latest earnings date was Tuesday, May 3, 2022, before market open.
|Last Earnings Date||May 3, 2022|
|Ex-Dividend Date||Jun 29, 2022|
ACRE has 54.44 million shares outstanding. The number of shares has increased by 37.15% in one year.
|Shares Change (YoY)||+37.15%|
|Shares Change (QoQ)||+0.27%|
|Owned by Insiders (%)||6.51%|
|Owned by Institutions (%)||47.69%|
The trailing PE ratio is 10.92 and the forward PE ratio is 9.53. ACRE's PEG ratio is 2.57.
The stock's EV/EBITDA ratio is 41.42, with a EV/FCF ratio of 47.25.
|EV / Earnings||42.27|
|EV / Sales||24.55|
|EV / EBITDA||41.42|
|EV / EBIT||41.83|
|EV / FCF||47.25|
The company has a current ratio of n/a, with a Debt / Equity ratio of 2.61.
|Debt / Equity||2.61|
|Debt / EBITDA||28.89|
|Debt / FCF||32.96|
Return on equity (ROE) is 9.00%, which is not very high. The company has a high ROIC of 1.50%.
|Return on Equity (ROE)||9.00%|
|Return on Assets (ROA)||2.50%|
|Return on Capital (ROIC)||1.50%|
|Revenue Per Employee||n/a|
|Profits Per Employee||n/a|
In the past 12 months, ACRE has paid $642,000 in taxes.
|Effective Tax Rate||1.04%|
Stock Price Statistics
The stock price has decreased by -2.67% in the last 52 weeks. The beta is 1.22, so ACRE's price volatility has been higher than the market average.
|52-Week Price Change||-2.67%|
|50-Day Moving Average||15.32|
|200-Day Moving Average||14.74|
|Average Volume (30 Days)||675,520|
Short Selling Information
The latest short interest is 990,837, so 1.82% of the outstanding shares have been sold short.
|Short % of Shares Out||1.82%|
|Short % of Float||2.15%|
|Short Ratio (days to cover)||1.86|
In the last 12 months, ACRE had revenue of $104.87 million and earned 60.92 million in profits. Earnings per share was $1.33.
|Earnings Per Share (EPS)||$1.33|
The company has $13.76 million in cash and $1.80 billion in debt, giving a net cash position of -$1.78 billion or -$32.74 per share.
|Cash & Cash Equivalents||13.76M|
|Net Cash Per Share||-$32.74|
|Book Value Per Share||12.66|
In the last 12 months, operating cash flow was $54.64 million and capital expenditures -$144,000, giving a free cash flow of $54.50 million.
|Operating Cash Flow||54.64M|
|Free Cash Flow||54.50M|
|FCF Per Share||$1.00|
Gross margin is 81.33%, with operating and profit margins of 61.24% and 58.09%.
Dividends & Yields
This stock pays an annual dividend of $0.41, which amounts to a dividend yield of 2.82%.
|Dividend Per Share||$0.41|
|Dividend Growth (YoY)||0.00%|
The average price target for ACRE is $16.83, which is 15.59% higher than the current price. The consensus rating is "Buy".
|Price Target Difference||15.59%|
This stock does not have any record of stock splits.
|Last Split Date||n/a|