ACRE - Ares Commercial Real Estate Corp Stock Price, Fair Value and News

6.80USD+0.14 (+2.10%)Market Closed

Market Summary

USD6.80+0.14

Market Closed

2.10%

ACRE Alerts

1 major insider buys recently.

ACRE Stock Price

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ACRE RSI Chart

ACRE Valuation

Market Cap

362.5M

Price/Earnings (Trailing)

-9.33

Price/Sales (Trailing)

3.9

EV/EBITDA

4.94

Price/Free Cashflow

7.75

ACRE Price/Sales (Trailing)

ACRE Profitability

EBT Margin

-41.87%

Return on Equity

-6.21%

Return on Assets

-1.7%

Free Cashflow Yield

12.91%

ACRE Fundamentals

ACRE Revenue

Revenue (TTM)

92.9M

Rev. Growth (Yr)

15.75%

Rev. Growth (Qtr)

111.36%

ACRE Earnings

Earnings (TTM)

-38.9M

Earnings Growth (Yr)

-1.5K%

Earnings Growth (Qtr)

-529.15%

Breaking Down ACRE Revenue

Last 7 days

-1.0%

Last 30 days

-12.9%

Last 90 days

-34.9%

Trailing 12 Months

-24.7%

How does ACRE drawdown profile look like?

ACRE Financial Health

Debt/Equity

0.11

Debt/Cashflow

0.68

ACRE Investor Care

Dividend Yield

17.66%

Dividend/Share (TTM)

1.36

Buy Backs (1Y)

0.34%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	109.3M	109.2M	116.4M	92.9M
2022	91.7M	93.3M	104.9M	106.8M
2021	114.4M	119.9M	123.3M	98.4M
2020	94.5M	82.5M	84.9M	115.1M
2019	60.8M	66.3M	71.8M	77.3M
2018	103.8M	94.8M	96.7M	55.3M
2017	84.3M	88.1M	95.8M	97.5M
2016	81.9M	79.8M	79.7M	82.0M
2015	78.5M	81.8M	84.8M	86.3M
2014	36.6M	48.1M	55.4M	70.5M
2013	13.7M	18.3M	27.1M	26.8M
2012	0	0	0	9.3M
2011	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Ares Commercial Real Estate Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 30, 2024	donohoe bryan patrick	sold	-194,669	10.3174	-18,868	chief executive officer
Jan 29, 2024	feingold anton	sold	-61,105	10.3744	-5,890	gen. counsel vp and secretary
Dec 13, 2023	donohoe bryan patrick	acquired	-	-	59,000	chief executive officer
Dec 13, 2023	feingold anton	acquired	-	-	21,000	gen. counsel vp and secretary
Dec 13, 2023	yoon tae sik	acquired	-	-	40,000	cfo and treasurer
Apr 21, 2023	blakely caroline	acquired	-	-	10,711	-
Apr 21, 2023	browning william	acquired	-	-	10,711	-
Apr 21, 2023	parekh rebecca jaisali	acquired	-	-	10,711	-
Apr 21, 2023	april rand scott	acquired	-	-	10,711	-
Apr 21, 2023	skinner james e	acquired	-	-	10,711	-

Which funds bought or sold ACRE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	23,136	285,345	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-5.41	-114,534	243,653	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-63.08	-1,041,370	376,390	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	21,218	21,218	-%
Apr 18, 2024	AlphaMark Advisors, LLC	added	3.36	-1,000	3,000	-%
Apr 17, 2024	Merrion Investment Management Co, LLC	reduced	-7.21	-621,671	1,246,760	0.89%
Apr 16, 2024	Arlington Trust Co LLC	new	-	52,150	52,150	0.01%
Apr 16, 2024	Register Financial Advisors LLC	reduced	-71.6	-87,098	22,350	0.01%
Apr 15, 2024	MCDONALD PARTNERS LLC	sold off	-100	-309,159	-	-%
Apr 12, 2024	Worth Asset Management, LLC	added	11.62	-23,892	97,185	0.06%

Are Funds Buying or Selling ACRE?

Are funds buying ACRE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ACRE

No. of Funds

ACRE Alerts

1 major insider buys recently.

Unveiling Ares Commercial Real Estate Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.08%	2,748,768	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	4,898,960	SC 13G/A
Feb 09, 2023	vanguard group inc	5.04%	2,741,508	SC 13G
Feb 03, 2023	blackrock inc.	8.2%	4,478,064	SC 13G/A
Feb 03, 2022	blackrock inc.	9.5%	4,475,293	SC 13G/A
Jun 25, 2021	ressler antony p	4.97%	2,337,520	SC 13D/A
Mar 22, 2021	ressler antony p	5.8%	2,337,520	SC 13D/A
Jan 29, 2021	blackrock inc.	9.6%	3,209,139	SC 13G/A
Feb 04, 2020	blackrock inc.	10.5%	3,020,242	SC 13G/A
Jan 29, 2020	ressler antony p	7.1%	2,337,520	SC 13D/A

Recent SEC filings of Ares Commercial Real Estate Corp

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	DEFA14A	DEFA14A
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	ARS	ARS
Apr 04, 2024	8-K	Current Report
Apr 04, 2024	4	Insider Trading
Feb 22, 2024	8-K	Current Report
Feb 22, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 07, 2024	40-APP/A	40-APP/A
Feb 06, 2024	8-K	Current Report

Peers (Alternatives to Ares Commercial Real Estate Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.4B	11.1B	-10.61%	-15.58%	58.79	7.21	4.04%	-19.43%
CCI	41.3B	7.0B	-7.49%	-24.51%	27.5	5.92	-0.07%	-10.36%
AVB	26.5B	2.8B	2.03%	7.82%	28.59	9.59	6.73%	-18.30%
ARE	19.9B	3.0B	-5.54%	-4.71%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	-2.28%	7.19%	29.74	8	7.80%	39.39%
REG	10.9B	1.3B	-0.17%	-2.44%	29.99	8.27	8.04%	-24.50%
BXP	9.6B	3.3B	-3.05%	17.69%	50.62	2.94	5.31%	-77.32%
MID-CAP
FRT	8.4B	1.1B	1.65%	4.00%	35.43	7.42	5.38%	-38.52%
MAC	3.4B	884.1M	-7.59%	58.53%	-12.35	3.83	2.90%	-314.82%
SLG	3.3B	899.4M	-4.04%	119.88%	-5.83	3.66	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	1.09%	18.62%	20.03	2.94	4.38%	15.77%
AIV	1.2B	198.2M	1.38%	2.14%	-7.46	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-8.77%	0.29%	13.7	1.81	25.53%	134.62%
NYMT	644.1M	258.7M	1.58%	-30.85%	-13.24	2.49	0.11%	83.70%
IVR	415.3M	277.9M	-11.04%	-20.87%	-26.19	1.49	44.33%	96.06%

Ares Commercial Real Estate Corp News

Latest updates

Ares Commercial Real Estate Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-100.0%	-	53.00	25.00	27.00	12.00	46.00	25.00	24.00	10.00	34.00	24.00	31.00	35.00	31.00	18.00	31.00	5.00	28.00	30.00	14.00	22.00
S&GA Expenses	8.2%	2.00	2.00	2.00	2.00	2.00	1.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
EBITDA Margin	-	0.55*	-	0.65*	0.73*	0.85*	1.04*	1.17*	1.20*	1.12*	1.16*	1.22*	1.18*	-	-	-	-	-	-	-	-	-
Interest Expenses	-37.6%	14.00	23.00	25.00	27.00	30.00	27.00	25.00	21.00	24.00	21.00	20.00	19.00	18.00	19.00	17.00	16.00	13.00	13.00	13.00	12.00	15.00
Income Taxes	-443.7%	-0.09	-0.02	-0.05	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	-530.9%	-39.50	9.00	-2.24	-6.33	3.00	1.00	10.00	16.00	17.00	10.00	18.00	16.00	14.00	15.00	10.00	-17.25	10.00	9.00	10.00	9.00	10.00
EBT Margin	-1392.7%	-0.42*	0.03*	-0.03*	0.05*	0.19*	0.33*	0.43*	0.50*	0.47*	0.50*	0.56*	-	-	-	-	-	-	-	-	-	-
Net Income	-529.2%	-39.41	9.00	-2.20	-6.44	3.00	1.00	10.00	16.00	17.00	10.00	18.00	16.00	14.00	15.00	10.00	-17.26	10.00	9.00	10.00	9.00	10.00
Net Income Margin	-1508.2%	-0.42*	0.03*	-0.03*	0.04*	0.19*	0.32*	0.43*	0.49*	0.47*	0.49*	0.55*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-25.5%	10.00	14.00	12.00	11.00	15.00	13.00	13.00	16.00	18.00	10.00	10.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.5%	2,280	2,363	2,400	2,444	2,523	2,727	2,696	2,516	2,632	2,467	2,257	2,091	1,929	1,949	2,021	2,101	1,784	1,675	1,671	1,618	1,603
Cash Equivalents	81.0%	110	61.00	143	154	141	77.00	26.00	14.00	51.00	16.00	76.00	98.00	75.00	81.00	73.00	74.00	6.00	6.00	5.00	13.00	11.00
Liabilities	-1.6%	1,654	1,680	1,709	1,726	1,775	1,960	1,910	1,826	1,953	1,794	1,578	1,515	1,456	1,480	1,556	1,635	1,358	1,249	1,246	1,193	1,178
Shareholder's Equity	-8.4%	626	683	691	718	748	767	786	689	679	673	679	576	473	469	465	466	426	426	426	425	426
Retained Earnings	-44.5%	-187	-129	-120	-99.11	-73.33	-56.89	-38.34	-29.17	-28.63	-29.11	-22.54	-23.62	-25.12	-28.40	-32.26	-30.95	2.00	2.00	3.00	3.00	4.00
Additional Paid-In Capital	0.1%	812	811	810	814	813	812	811	708	704	701	701	599	498	497	497	497	424	423	423	422	422
Shares Outstanding	0.0%	54.00	54.00	54.00	55.00	54.00	54.00	49.00	47.00	42.00	47.00	38.00	34.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	528	-	-	-	625	-	-	-	637	-	-	-	274	-	-	-	379	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-25.5%	10,087	13,546	11,900	11,256	15,090	12,915	12,937	16,215	18,070	10,499	9,857	9,924	9,018	8,581	5,896	8,267	7,576	8,541	9,546	6,789	10,930
Share Based Compensation	5.7%	1,041	985	1,005	960	738	673	699	766	494	428	497	521	383	366	365	225	482	479	427	492	324
Cashflow From Investing	280.0%	85,847	-47,689	19,244	70,058	257,127	12,246	-165,880	89,680	-124,606	-267,126	-176,599	-131,354	23,396	87,772	80,916	-273,951	-106,614	-536	-58,291	-8,985	139,282
Cashflow From Financing	2.0%	-46,492	-47,443	-42,305	-68,828	-208,236	26,511	164,809	-142,751	141,364	196,743	144,469	144,598	-38,933	-88,045	-88,702	334,926	98,342	-7,268	41,146	3,921	-144,157
Dividend Payments	-5.7%	18,081	19,180	19,346	19,347	19,196	19,197	16,740	16,674	16,523	16,528	14,249	11,124	11,071	11,072	11,057	9,565	9,526	9,527	9,520	8,914	8,323
Buy Backs	-	-	-	4,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

ACRE Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Interest income	$ 198,608	$ 170,171	$ 133,631
Interest expense	(109,652)	(65,994)	(50,080)
Net interest margin	88,956	104,177	83,551
Revenue from real estate owned	3,970	2,672	18,518
Total revenue	92,926	106,849	102,069
Expenses:
Management and incentive fees to affiliate	12,263	14,898	12,136
Professional fees	3,054	3,350	2,436
General and administrative expenses	7,244	6,394	4,741
General and administrative expenses reimbursed to affiliate	3,434	3,777	3,016
Expenses from real estate owned	2,518	4,309	18,548
Total expenses	28,513	32,728	40,877
Provision for current expected credit losses	91,825	46,061	10
Realized losses on loans	10,499	0	0
Unrealized losses on loans held for sale	995	0	0
Gain on sale of real estate owned	0	2,197	0
Income (loss) before income taxes	(38,906)	30,257	61,182
Income tax expense (benefit), including excise tax	(39)	472	722
Net income (loss) attributable to common stockholders	$ (38,867)	$ 29,785	$ 60,460
Earnings per common share:
Basic earnings (loss) per common share (in dollars per share)	$ (0.72)	$ 0.58	$ 1.43
Diluted earnings (loss) per common share (in dollars per share)	$ (0.72)	$ 0.57	$ 1.42
Weighted average number of common shares outstanding:
Basic weighted average shares of common stock outstanding (in shares)	54,281,998	51,679,744	42,399,613
Diluted weighted average shares of common stock outstanding (in shares)	54,281,998	52,126,256	42,681,505

ACRE Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 110,459	$ 141,278
Loans held for investment ($892,166 and $887,662 related to consolidated VIEs, respectively)	2,126,524	2,264,008
Current expected credit loss reserve	(159,885)	(65,969)
Loans held for investment, net of current expected credit loss reserve	1,966,639	2,198,039
Loans held for sale, at fair value ($38,981 related to consolidated VIEs as of December 31, 2023)	38,981	0
Investment in available-for-sale debt securities, at fair value	28,060	27,936
Real estate owned, net	83,284	0
Other assets ($3,690 and $2,980 of interest receivable related to consolidated VIEs, respectively; $32,002 and $129,495 of other receivables related to consolidated VIEs, respectively)	52,354	155,749
Total assets	2,279,777	2,523,002
LIABILITIES
Secured funding agreements	639,817	705,231
Notes payable	104,662	104,460
Secured term loan	149,393	149,200
Collateralized loan obligation securitization debt (consolidated VIEs)	723,117	777,675
Due to affiliate	4,135	5,580
Dividends payable	18,220	19,347
Other liabilities ($2,263 and $1,913 of interest payable related to consolidated VIEs, respectively)	14,584	13,969
Other liabilities ($2,263 and $1,913 of interest payable related to consolidated VIEs, respectively)	14,584	13,969
Total liabilities	1,653,928	1,775,462
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY
Common stock, par value $0.01 per share, 450,000,000 shares authorized at December 31, 2023 and 2022 and 54,149,225 and 54,443,983 shares issued and outstanding at December 31, 2023 and 2022, respectively	532	537
Additional paid-in capital	812,184	812,788
Accumulated other comprehensive income	153	7,541
Accumulated earnings (deficit)	(187,020)	(73,326)
Total stockholders' equity	625,849	747,540
Total liabilities and stockholders' equity	$ 2,279,777	$ 2,523,002

About Ares Commercial Real Estate Corp

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. The company was incorporated in 2011 and is based in New York, New York.

WEBSITE	arescre.com
INDUSTRY	REIT Mortgage

Ares Commercial Real Estate Corp Frequently Asked Questions

What is the ticker symbol for Ares Commercial Real Estate Corp? What does ACRE stand for in stocks?

ACRE is the stock ticker symbol of Ares Commercial Real Estate Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ares Commercial Real Estate Corp (ACRE)?

As of Mon Apr 22 2024, market cap of Ares Commercial Real Estate Corp is 362.45 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ACRE stock?

You can check ACRE's fair value in chart for subscribers.

What is the fair value of ACRE stock?

You can check ACRE's fair value in chart for subscribers. The fair value of Ares Commercial Real Estate Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ares Commercial Real Estate Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ACRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ares Commercial Real Estate Corp a good stock to buy?

The fair value guage provides a quick view whether ACRE is over valued or under valued. Whether Ares Commercial Real Estate Corp is cheap or expensive depends on the assumptions which impact Ares Commercial Real Estate Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ACRE.

What is Ares Commercial Real Estate Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, ACRE's PE ratio (Price to Earnings) is -9.33 and Price to Sales (PS) ratio is 3.9. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ACRE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ares Commercial Real Estate Corp's stock?

In the past 10 years, Ares Commercial Real Estate Corp has provided 0.015 (multiply by 100 for percentage) rate of return.