ACRES Commercial Realty (ACR) Stock Price, News & Analysis

Company Overview

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.

Key Stats

• Today's Range: $15.30 to $15.43
• 50-Day Range: $14.87 to $15.95
• 52-Week Range: $7.31 to $16.13
• Volume: 18,245 shs
• Average Volume: 17,109 shs
• Market Capitalization: $121.12 million
• P/E Ratio: 18.32
• Dividend Yield: N/A
• Price Target: $17.50
• Consensus Rating: Buy

ACRES Commercial Realty Stock Analysis - MarketRank™

ACRES Commercial Realty scored higher than 75% of companies evaluated by MarketBeat, and ranked 355th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

ACRES Commercial Realty has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

ACRES Commercial Realty has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 38.94%

Earnings Growth

Earnings for ACRES Commercial Realty are expected to grow by 38.94% in the coming year, from $1.13 to $1.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ACRES Commercial Realty is 18.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of ACRES Commercial Realty is 18.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.31.

Price to Book Value per Share Ratio

ACRES Commercial Realty has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.70% of the float of ACRES Commercial Realty has been sold short.

Short Interest Ratio / Days to Cover

ACRES Commercial Realty has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ACRES Commercial Realty has recently decreased by 12.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ACRES Commercial Realty does not currently pay a dividend.

Dividend Growth

ACRES Commercial Realty does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.70% of the float of ACRES Commercial Realty has been sold short.

Short Interest Ratio / Days to Cover

ACRES Commercial Realty has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ACRES Commercial Realty has recently decreased by 12.26%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.28

News Sentiment

ACRES Commercial Realty has a news sentiment score of -0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for ACRES Commercial Realty this week, compared to 9 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, ACRES Commercial Realty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,771,345.00 in company stock.

Percentage Held by Insiders

Only 4.07% of the stock of ACRES Commercial Realty is held by insiders.

Percentage Held by Institutions

40.03% of the stock of ACRES Commercial Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ACR Stock Analysis - Frequently Asked Questions

How have ACR shares performed this year?

ACRES Commercial Realty's stock was trading at $9.62 at the start of the year. Since then, ACR stock has increased by 60.0% and is now trading at $15.39.
View the best growth stocks for 2024 here.

How were ACRES Commercial Realty's earnings last quarter?

ACRES Commercial Realty Corp. (NYSE:ACR) released its quarterly earnings data on Wednesday, May, 1st. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.25. The firm earned $18.77 million during the quarter, compared to analyst estimates of $13 million. ACRES Commercial Realty had a trailing twelve-month return on equity of 5.44% and a net margin of 25.71%.

Who are ACRES Commercial Realty's major shareholders?

Top institutional shareholders of ACRES Commercial Realty include Ritholtz Wealth Management (0.33%). Insiders that own company stock include Eagle Point Credit Management, Jaclyn Jesberger and David J Bryant.
View institutional ownership trends.

How do I buy shares of ACRES Commercial Realty?

Shares of ACR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ACRES Commercial Realty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ACRES Commercial Realty investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW), General Electric (GE) and Meta Platforms (META).

Company Calendar

• Last Earnings: 5/01/2024
• Today: 11/02/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:ACR
• CUSIP: N/A
• CIK: 1332551
• Web: www.acresreit.com
• Phone: (516) 535-0015
• Fax: 212-245-6372
• Employees: 2,018
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.50
• High Stock Price Target: $17.50
• Low Stock Price Target: $17.50
• Potential Upside/Downside: +13.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.84
• Trailing P/E Ratio: 18.32
• Forward P/E Ratio: 13.62
• P/E Growth: N/A
• Net Income: $22.39 million
• Net Margins: 25.71%
• Pretax Margin: 29.41%
• Return on Equity: 5.44%
• Return on Assets: 1.13%

Debt

• Debt-to-Equity Ratio: 3.56
• Current Ratio: 100.49
• Quick Ratio: 100.49

Sales & Book Value

• Annual Sales: $91.13 million
• Price / Sales: 1.33
• Cash Flow: $5.52 per share
• Price / Cash Flow: 2.79
• Book Value: $52.77 per share
• Price / Book: 0.29

Miscellaneous

• Outstanding Shares: 7,870,000
• Free Float: 7,553,000
• Market Cap: $121.12 million
• Optionable: Optionable
• Beta: 2.05