ACRE

Ares Commercial Real Estate

5.97 USD
-0.01
0.17%
At close Feb 7, 4:00 PM EST
1 day
-0.17%
5 days
7.37%
1 month
1.02%
3 months
-16.50%
6 months
-13.10%
Year to date
0.34%
1 year
-31.93%
5 years
-64.14%
10 years
-50.17%
 

About: Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. It operates in one segment namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.

Employees: 2,100

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

99% more call options, than puts

Call options by funds: $1.02M | Put options by funds: $514K

4% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 46

2% more capital invested

Capital invested by funds: $154M [Q2] → $157M (+$3.25M) [Q3]

1.17% less ownership

Funds ownership: 42.25% [Q2] → 41.08% (-1.17%) [Q3]

7% less funds holding

Funds holding: 138 [Q2] → 128 (-10) [Q3]

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
1%
upside
Avg. target
$6
1%
upside
High target
$6
1%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
JP Morgan
Richard Shane
71% 1-year accuracy
47 / 66 met price target
1%upside
$6
Neutral
Maintained
21 Jan 2025
Keefe, Bruyette & Woods
Jade Rahmani
48% 1-year accuracy
16 / 33 met price target
1%upside
$6
Market Perform
Maintained
14 Jan 2025

Financial journalist opinion

Based on 5 articles about ACRE published over the past 30 days

Neutral
Business Wire
1 week ago
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 12, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 11:00 a.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2024 financial results. All interested parti.
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2024
Neutral
Business Wire
1 week ago
Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2024 tax treatment for the Company's common stock distributions (CUSIP # 04013V-10-8).   Form 1099 Reference: Box 1a Box 1b Box 2a Box 3 Box 5 Record Date Payment Date Cash Distribution Per Share Allocable to 2024 Total Ordinary Dividends Qualified Dividends (1) Total Capital Gain Distributions Nondividend Distributions Section 199A Dividends (1)   12/29/2023   1/17/2024   $0.3300.
Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2024
Negative
Seeking Alpha
2 weeks ago
Past Time To Take Gains On These Big Yielders
These shares don't give investors a big enough yield or enough upside. The performance throughout the sector has been great, but occasionally, it's better to just pocket the gains.
Past Time To Take Gains On These Big Yielders
Negative
Seeking Alpha
3 weeks ago
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around the middle of the single-digit range.
High Yield REITs Whacked By Higher Rates
Negative
Seeking Alpha
3 weeks ago
Ares Commercial: The Worst Could Be Ahead
ACRE's heavy exposure to distressed asset classes like office, multifamily, and hotels, coupled with rising delinquencies, justifies a Sell rating. Despite management's optimistic outlook, ACRE's increasing credit loss reserves and poor loan performance signal ongoing struggles in the commercial lending market. Multifamily and office markets continue to face significant challenges, with high vacancy rates and oversupply leading to falling rents and asset underperformance.
Ares Commercial: The Worst Could Be Ahead
Positive
Seeking Alpha
1 month ago
The More They Drop, The More I Buy
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.
The More They Drop, The More I Buy
Positive
Seeking Alpha
1 month ago
Ares Commercial: 15% Yield In Danger
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.
Ares Commercial: 15% Yield In Danger
Neutral
GlobeNewsWire
1 month ago
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
KBW Announces Index Rebalancing for Fourth-Quarter 2024
Neutral
Seeking Alpha
1 month ago
Huge Yields, Brief Notes
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.
Huge Yields, Brief Notes
Negative
Seeking Alpha
1 month ago
Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
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 Real Estate: High Yield Is A Red Flag (Downgrade)
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