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Ares Commercial Real Estate (ACRE) Stock

Profile

Industry:

Mortgage

Country:

United States

IPO:

27 April 2012

Indexes:

Not included

Description:

Ares Commercial Real Estate (ACRE) is a real estate investment trust (REIT) that focuses on originating and managing commercial real estate loans. It aims to provide attractive risk-adjusted returns by investing in various property types, including office, retail, and industrial spaces across the United States.

Events Calendar

Earnings

Next earnings date:

Feb 21, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 22, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 31, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

09 Dec '24 JMP Securities
Market Perform
17 Oct '24 JP Morgan
Neutral
20 Sept '24 Wells Fargo
Underweight
10 May '24 Keefe, Bruyette & Woods
Market Perform
10 Apr '24 Keefe, Bruyette & Woods
Market Perform
10 Apr '24 JP Morgan
Neutral
20 Mar '24 UBS
Neutral
04 Mar '24 B of A Securities
Underperform
26 Feb '24 Keefe, Bruyette & Woods
Market Perform
23 Feb '24 JP Morgan
Neutral

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Institutional Ownership

The More They Drop, The More I Buy
The More They Drop, The More I Buy
The More They Drop, The More I Buy
ACRE
seekingalpha.com30 December 2024

When risks climb, it's important to understand and evaluate them. I collect income on the cheap, from others running away from their fears. Enjoy massive yields from these three picks.

Ares Commercial: 15% Yield In Danger
Ares Commercial: 15% Yield In Danger
Ares Commercial: 15% Yield In Danger
ACRE
seekingalpha.com22 December 2024

ACRE's stock has dropped by 25% since the initial bearish article. ACRE reduced its dividend from 33 cents to 25 cents in February 2024, but distributable earnings continue to come in well below this new level. Despite a slight improvement in Q3, ACRE's base earnings run-rate remains severely impaired.

Huge Yields, Brief Notes
Huge Yields, Brief Notes
Huge Yields, Brief Notes
ACRE
seekingalpha.com12 December 2024

Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes.

Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
ACRE
seekingalpha.com09 December 2024

Ares Commercial Real Estate failed to cover its dividend with distributable profits in 3Q24, reflecting high dividend adjustment risk and ongoing loan issues. The trust's portfolio has shrunk by 15% due to selling impaired loans, leading to a 72% YoY drop in distributable profits and negative net income. Ares Commercial Real Estate's stock trades at a 32% discount to book value, but the elevated dividend risk necessitates a rating change from 'Buy' to 'Hold.'.

Ares Commercial: The 14% Yield Is Likely Not Sustainable
Ares Commercial: The 14% Yield Is Likely Not Sustainable
Ares Commercial: The 14% Yield Is Likely Not Sustainable
ACRE
seekingalpha.com20 November 2024

Ares Commercial continues to face problems related to impaired loans in its office segment. The commercial mortgage REIT was forced to increase its CECL reserve in the third-quarter. ACRE realized losses of $0.10 per-share related to loan sales. Even when adjusting for such loan losses, the REIT did not support its dividend with distributable earnings.

A Decisive Realignment
A Decisive Realignment
A Decisive Realignment
ACRE
seekingalpha.com10 November 2024

U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.

Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
ACRE
seekingalpha.com07 November 2024

Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript

Ares Commercial Real Estate (ACRE) Lags Q3 Earnings and Revenue Estimates
Ares Commercial Real Estate (ACRE) Lags Q3 Earnings and Revenue Estimates
Ares Commercial Real Estate (ACRE) Lags Q3 Earnings and Revenue Estimates
ACRE
zacks.com07 November 2024

Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.25 per share a year ago.

Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results
Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results
Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results
ACRE
businesswire.com07 November 2024

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(5.9) million or $(0.11) per diluted common share and Distributable Earnings(1) of $3.7 million or $0.07 per diluted common share for the third quarter of 2024. “During the third quarter, we continued to make progress on ou.

3 Shares Yielding Over 9%
3 Shares Yielding Over 9%
3 Shares Yielding Over 9%
ACRE
seekingalpha.com17 October 2024

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.

FAQ

  • What is the primary business of Ares Commercial Real Estate?
  • What is the ticker symbol for Ares Commercial Real Estate?
  • Does Ares Commercial Real Estate pay dividends?
  • What sector is Ares Commercial Real Estate in?
  • What industry is Ares Commercial Real Estate in?
  • What country is Ares Commercial Real Estate based in?
  • When did Ares Commercial Real Estate go public?
  • Is Ares Commercial Real Estate in the S&P 500?
  • Is Ares Commercial Real Estate in the NASDAQ 100?
  • Is Ares Commercial Real Estate in the Dow Jones?
  • When was Ares Commercial Real Estate's last earnings report?
  • When does Ares Commercial Real Estate report earnings?
  • Should I buy Ares Commercial Real Estate stock now?

What is the primary business of Ares Commercial Real Estate?

Ares Commercial Real Estate (ACRE) is a real estate investment trust (REIT) that focuses on originating and managing commercial real estate loans. It aims to provide attractive risk-adjusted returns by investing in various property types, including office, retail, and industrial spaces across the United States.

What is the ticker symbol for Ares Commercial Real Estate?

The ticker symbol for Ares Commercial Real Estate is NYSE:ACRE

Does Ares Commercial Real Estate pay dividends?

Yes, Ares Commercial Real Estate pays dividends. The last payment was $0.25, with an ex-dividend date on 31 December 2024

What sector is Ares Commercial Real Estate in?

Ares Commercial Real Estate is in the Real Estate sector

What industry is Ares Commercial Real Estate in?

Ares Commercial Real Estate is in the Mortgage industry

What country is Ares Commercial Real Estate based in?

Ares Commercial Real Estate is headquartered in United States

When did Ares Commercial Real Estate go public?

Ares Commercial Real Estate's initial public offering (IPO) was on 27 April 2012

Is Ares Commercial Real Estate in the S&P 500?

No, Ares Commercial Real Estate is not included in the S&P 500 index

Is Ares Commercial Real Estate in the NASDAQ 100?

No, Ares Commercial Real Estate is not included in the NASDAQ 100 index

Is Ares Commercial Real Estate in the Dow Jones?

No, Ares Commercial Real Estate is not included in the Dow Jones index

When was Ares Commercial Real Estate's last earnings report?

Ares Commercial Real Estate's most recent earnings report was on 7 November 2024

When does Ares Commercial Real Estate report earnings?

The next expected earnings date for Ares Commercial Real Estate is 21 February 2025

Should I buy Ares Commercial Real Estate stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions