Ares Commercial Real Estate (ACRE) Stock Price, News & Analysis

Company Overview

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt and preferred equity products, mezzanine loans, and other CRE investments, including commercial mortgage-backed securities. It has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Corporation was incorporated in 2011 and is based in New York, New York.

Key Stats

• Today's Range: $6.99 to $7.12
• 50-Day Range: $6.30 to $7.81
• 52-Week Range: $6.25 to $11.24
• Volume: 300,505 shs
• Average Volume: 570,860 shs
• Market Capitalization: $386.96 million
• P/E Ratio: N/A
• Dividend Yield: 14.09%
• Price Target: $7.10
• Consensus Rating: Reduce

Ares Commercial Real Estate Stock Analysis - MarketRank™

Ares Commercial Real Estate scored higher than 68% of companies evaluated by MarketBeat, and ranked 465th out of 930 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: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Ares Commercial Real Estate has received a consensus rating of Reduce. The company's average rating score is 1.71, and is based on no buy ratings, 5 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Ares Commercial Real Estate has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Ares Commercial Real Estate are expected to grow in the coming year, from ($0.79) to ($0.34) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ares Commercial Real Estate is -6.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ares Commercial Real Estate is -6.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ares Commercial Real Estate has a P/B Ratio of 0.61. 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

3.10% of the outstanding shares of Ares Commercial Real Estate have been sold short.

Short Interest Ratio / Days to Cover

Ares Commercial Real Estate has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ares Commercial Real Estate has recently decreased by 11.05%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ares Commercial Real Estate is a leading dividend payer. It pays a dividend yield of 14.49%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ares Commercial Real Estate does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -2.55

Percentage of Shares Shorted

3.10% of the outstanding shares of Ares Commercial Real Estate have been sold short.

Short Interest Ratio / Days to Cover

Ares Commercial Real Estate has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ares Commercial Real Estate has recently decreased by 11.05%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.87

News Sentiment

Ares Commercial Real Estate has a news sentiment score of 1.87. 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 higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Ares Commercial Real Estate this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for ACRE on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ares Commercial Real Estate insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.80% of the stock of Ares Commercial Real Estate is held by insiders.

Percentage Held by Institutions

41.34% of the stock of Ares Commercial Real Estate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ACRE Stock Analysis - Frequently Asked Questions

How have ACRE shares performed this year?

Ares Commercial Real Estate's stock was trading at $10.36 on January 1st, 2024. Since then, ACRE stock has decreased by 31.5% and is now trading at $7.0950.
View the best growth stocks for 2024 here.

How were Ares Commercial Real Estate's earnings last quarter?

Ares Commercial Real Estate Co. (NYSE:ACRE) issued its quarterly earnings data on Thursday, May, 9th. The real estate investment trust reported ($0.64) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.34. The real estate investment trust had revenue of $18.69 million for the quarter, compared to analyst estimates of $43.77 million. Ares Commercial Real Estate had a negative net margin of 95.81% and a negative trailing twelve-month return on equity of 5.10%.

Who are Ares Commercial Real Estate's major shareholders?

Ares Commercial Real Estate's top institutional investors include Geode Capital Management LLC (2.33%), State Street Corp (1.93%), Hotchkis & Wiley Capital Management LLC (1.58%) and Van ECK Associates Corp (0.91%). Insiders that own company stock include Anton Feingold, Bryan Patrick Donohoe and William Stephen Benjamin.
View institutional ownership trends.

How do I buy shares of Ares Commercial Real Estate?

Shares of ACRE 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 Ares Commercial Real Estate own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ares Commercial Real Estate investors own include Medtronic (MDT), AGNC Investment (AGNC), Energy Transfer (ET), Ares Capital (ARCC), NVIDIA (NVDA), Enterprise Products Partners (EPD) and Annaly Capital Management (NLY).

Company Calendar

• Last Earnings: 5/09/2024
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 11/21/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:ACRE
• CUSIP: 04013V10
• CIK: 1529377
• Web: www.arescre.com
• Phone: (212) 710-2100
• Fax: 212-750-1777
• Employees: 2,800
• Year Founded: 1997

Price Target and Rating

• Average Stock Price Target: $7.10
• High Stock Price Target: $8.00
• Low Stock Price Target: $6.50
• Potential Upside/Downside: +0.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-38,870,000.00
• Net Margins: -95.81%
• Pretax Margin: -95.94%
• Return on Equity: -5.10%
• Return on Assets: -1.44%

Debt

• Debt-to-Equity Ratio: 2.38
• Current Ratio: 0.87
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $88.96 million
• Price / Sales: 4.35
• Cash Flow: $0.99 per share
• Price / Cash Flow: 7.15
• Book Value: $11.56 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 54,540,000
• Free Float: 53,015,000
• Market Cap: $386.96 million
• Optionable: Optionable
• Beta: 1.46