Ares Commercial Real Estate Corp. (ACRE)

NYSE: ACRE · IEX Real-Time Price · USD
14.56
-0.09 (-0.61%)
May 25, 2022 4:00 PM EDT - Market closed

Total Valuation

ACRE has a market cap or net worth of $792.62 million. The enterprise value is $2.57 billion.

Market Cap792.62M
Enterprise Value2.57B

Important Dates

The latest earnings date was Tuesday, May 3, 2022, before market open.

Last Earnings DateMay 3, 2022
Ex-Dividend DateJun 29, 2022

Share Statistics

ACRE has 54.44 million shares outstanding. The number of shares has increased by 37.15% in one year.

Shares Outstanding54.44M
Shares Change (YoY)+37.15%
Shares Change (QoQ)+0.27%
Owned by Insiders (%)6.51%
Owned by Institutions (%)47.69%
Float46.07M

Valuation Ratios

The trailing PE ratio is 10.92 and the forward PE ratio is 9.53. ACRE's PEG ratio is 2.57.

PE Ratio10.92
Forward PE9.53
PS Ratio7.56
PB Ratio1.15
P/FCF Ratio14.54
PEG Ratio2.57
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 41.42, with a EV/FCF ratio of 47.25.

EV / Earnings42.27
EV / Sales24.55
EV / EBITDA41.42
EV / EBIT41.83
EV / FCF47.25

Financial Position

The company has a current ratio of n/a, with a Debt / Equity ratio of 2.61.

Current Ration/a
Quick Ration/a
Debt / Equity2.61
Debt / EBITDA28.89
Debt / FCF32.96

Financial Efficiency

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 Employeen/a
Profits Per Employeen/a
Employee Countn/a
Asset Turnover0.04
Inventory Turnovern/a

Taxes

In the past 12 months, ACRE has paid $642,000 in taxes.

Income Tax642,000
Effective Tax Rate1.04%

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.

Beta (1Y)1.22
52-Week Price Change-2.67%
50-Day Moving Average15.32
200-Day Moving Average14.74
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 Interest990,837
Short % of Shares Out1.82%
Short % of Float2.15%
Short Ratio (days to cover)1.86

Income Statement

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.

Revenue104.87M
Gross Profit85.29M
Operating Income64.22M
Pretax Income61.56M
Net Income60.92M
EBITDA62.16M
EBIT61.56M
Earnings Per Share (EPS)$1.33
Full Income Statement

Balance Sheet

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 Equivalents13.76M
Total Debt1.80B
Net Cash-1.78B
Net Cash Per Share-$32.74
Book Value689.33M
Book Value Per Share12.66
Working Capitaln/a
Full Balance Sheet

Cash Flow

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 Flow54.64M
Capital Expenditures-144,000
Free Cash Flow54.50M
FCF Per Share$1.00
Full Cash Flow Statement

Margins

Gross margin is 81.33%, with operating and profit margins of 61.24% and 58.09%.

Gross Margin81.33%
Operating Margin61.24%
Pretax Margin58.70%
Profit Margin58.09%
EBITDA Margin59.28%
EBIT Margin58.70%
FCF Margin51.97%

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 Yield2.82%
Earnings Yield7.69%
FCF Yield6.88%
Dividend Growth (YoY)0.00%
Payout Ratio103.70%
Buyback Yield-37.25%
Shareholder Yield-34.43%
Dividend Details

Analyst Forecast

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$16.83
Price Target Difference15.59%
Analyst ConsensusBuy
Analyst Count12
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Daten/a
Split Typen/a
Split Ration/a