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ACRE

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

7.19USD-0.02 (-0.28%)Market Closed

Market Summary

ACRE
USD7.19-0.02
Market Closed
-0.28%

ACRE Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

ACRE Stock Price

View Fullscreen

ACRE RSI Chart

ACRE Valuation

Market Cap

391.9M

Price/Earnings (Trailing)

-8.76

Price/Sales (Trailing)

4.22

EV/EBITDA

8.65

Price/Free Cashflow

8.35

ACRE Price/Sales (Trailing)

ACRE Profitability

EBT Margin

-48.32%

Return on Equity

-7.44%

Return on Assets

-2.12%

Free Cashflow Yield

11.97%

ACRE Fundamentals

ACRE Revenue

Revenue (TTM)

92.9M

Rev. Growth (Yr)

-29.47%

Rev. Growth (Qtr)

-47.72%

ACRE Earnings

Earnings (TTM)

-44.8M

Earnings Growth (Yr)

-91.38%

Earnings Growth (Qtr)

68.73%

Breaking Down ACRE Revenue

Last 7 days

1.6%

Last 30 days

3.3%

Last 90 days

-6.1%

Trailing 12 Months

-29.0%

How does ACRE drawdown profile look like?

ACRE Financial Health

Debt/Equity

0.11

Debt/Cashflow

0.68

ACRE Investor Care

Dividend Yield

14.75%

Dividend/Share (TTM)

1

Buy Backs (1Y)

0.30%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20240000
2023109.3M109.2M116.4M92.9M
202291.7M93.3M104.9M106.8M
2021114.4M119.9M123.3M98.4M
202094.5M82.5M84.9M115.1M
201960.8M66.3M71.8M77.3M
2018103.8M94.8M96.7M55.3M
201784.3M88.1M95.8M97.5M
201681.9M79.8M79.7M82.0M
201578.5M81.8M84.8M86.3M
201436.6M48.1M55.4M70.5M
201313.7M18.3M27.1M26.8M
20120009.3M
20110000

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 02, 2024
parekh rebecca jaisali
acquired
-
-
13,842
-
May 02, 2024
skinner james e
acquired
-
-
13,842
-
May 02, 2024
browning william
acquired
-
-
13,842
-
May 02, 2024
blakely caroline
acquired
-
-
13,842
-
May 02, 2024
april rand scott
acquired
-
-
13,842
-
May 02, 2024
moriarty edmond n. iii
acquired
-
-
13,842
-
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
yoon tae sik
acquired
-
-
40,000
cfo and treasurer
Dec 13, 2023
donohoe bryan patrick
acquired
-
-
59,000
chief executive officer

1–10 of 50

Which funds bought or sold ACRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 24, 2024
Cetera Investment Advisers
new
-
117,258
117,258
-%
May 20, 2024
Strategic Wealth Partners, Ltd.
new
-
134,100
134,100
0.01%
May 20, 2024
Virtu Financial LLC
new
-
108,000
108,000
0.01%
May 17, 2024
Aspect Partners, LLC
unchanged
-
-291
745
-%
May 16, 2024
Mango Five Family, Inc.
sold off
-100
-62,160
-
-%
May 16, 2024
COMERICA BANK
sold off
-100
-943
-
-%
May 16, 2024
Jaffetilchin Investment Partners, LLC
reduced
-30.11
-87,959
88,887
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.32
-179,833
383,668
-%
May 16, 2024
Arete Wealth Advisors, LLC
added
8.52
-1,535,960
5,458,450
0.50%
May 16, 2024
JANE STREET GROUP, LLC
added
92.62
121,519
437,002
-%

1–10 of 46

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

Unveiling Ares Commercial Real Estate Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 05, 2024
S-8
Employee Benefits Plan
May 29, 2024
8-K
Current Report
May 09, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading

Peers (Alternatives to Ares Commercial Real Estate Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.0B
11.2B
1.81% 4.49%
46.09
8.11
3.63% 50.79%
41.9B
6.8B
-3.70% -11.98%
30.07
6.12
-2.39% -16.60%
29.0B
2.8B
3.16% 10.19%
30.34
10.33
5.72% -6.46%
20.4B
3.0B
-5.07% 5.15%
103.83
6.9
10.44% -73.79%
13.3B
-
-0.11% 4.73%
31.51
8.2
8.93% 11.87%
11.5B
1.4B
3.03% 5.54%
30.46
8.39
10.48% -2.04%
MID-CAP
9.7B
3.3B
-0.36% 17.61%
50.25
2.92
4.82% -75.15%
8.3B
1.2B
-0.88% 9.74%
34.87
7.23
5.48% -38.69%
3.6B
913.7M
7.06% 124.27%
-6.99
3.92
1.13% -307.54%
3.2B
878.0M
-3.36% 36.09%
-9.25
3.6
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-1.10% 16.75%
19.11
2.95
3.54% 8.91%
1.2B
198.2M
-3.28% 0.38%
-7.27
6.02
-43.33% -308.08%
1.1B
650.2M
1.20% -1.97%
36.6
1.72
27.93% 140.31%
569.3M
285.4M
2.30% -36.65%
-4.47
1.99
11.05% 83.70%
452.6M
277.2M
0.98% -18.47%
-55.2
1.63
25.89% 94.64%

Ares Commercial Real Estate Corp News

Latest updates
MarketBeat19 Jun 202401:42 am
Seeking Alpha29 May 202407:00 am

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

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-47.7%19.0036.0053.0025.0027.0012.0046.0025.0024.0010.0034.0024.0031.0035.0031.0018.0031.005.0028.0030.0014.00
  S&GA Expenses13.7%2.002.002.002.002.002.001.002.002.001.001.001.001.001.001.001.001.001.001.001.001.00
EBITDA Margin-33.8%0.36*0.55*0.93*0.96*1.07*1.26*1.35*1.56*1.62*1.48*1.11*1.16*---------
Interest Expenses5.7%15.0014.0023.0025.0027.0030.0027.0025.0021.0024.0021.0020.0019.0018.0019.0017.0016.0013.0013.0013.0012.00
Income Taxes102.3%0.00-0.09-0.02-0.050.000.000.000.000.000.00-0.000.000.000.000.000.000.000.000.000.00
Earnings Before Taxes68.8%-12.32-39.509.00-2.24-6.333.001.0010.0016.0017.0010.0018.0016.0014.0015.0010.00-17.2510.009.0010.009.00
EBT Margin-15.4%-0.48*-0.42*0.03*-0.04*0.07*0.28*0.42*0.57*0.67*0.62*0.47*0.53*---------
Net Income68.7%-12.32-39.419.00-2.20-6.443.001.0010.0016.0017.0010.0018.0016.0014.0015.0010.00-17.2610.009.0010.009.00
Net Income Margin-15.1%-0.48*-0.42*0.03*-0.05*0.07*0.28*0.42*0.57*0.66*0.61*0.47*0.52*---------
Free Cashflow12.8%11.0010.0014.0012.0011.0015.0013.0013.0016.0018.0010.0010.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-7.4%2,1112,2802,3632,4002,4442,5232,7272,6962,5162,6322,4672,2572,0911,9291,9492,0212,1011,7841,6751,6711,618
    Cash Equivalents-9.9%10011061.0014315414177.0026.0014.0051.0016.0076.0098.0075.0081.0073.0074.006.006.005.0013.00
Liabilities-8.7%1,5101,6541,6801,7091,7261,7751,9601,9101,8261,9531,7941,5781,5151,4561,4801,5561,6351,3581,2491,2461,193
Shareholder's Equity-4.0%601626683691718748767786689679673679576473469465466426426426425
  Retained Earnings-14.0%-213-187-129-120-99.11-73.33-56.89-38.34-29.17-28.63-29.11-22.54-23.62-25.12-28.40-32.26-30.952.002.003.003.00
  Additional Paid-In Capital0.2%813812811810814813812811708704701701599498497497497424423423422
Shares Outstanding0.5%54.0054.0054.0054.0055.0054.0054.0049.0047.0042.0047.0038.00---------
Float----528---625---637---274---379-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations12.8%11,37810,08713,54611,90011,25615,09012,91512,93716,21518,07010,4999,8579,9249,0188,5815,8968,2677,5768,5419,5466,789
  Share Based Compensation23.3%1,2841,0419851,005960738673699766494428497521383366365225482479427492
Cashflow From Investing56.1%134,01685,847-47,68919,24470,058257,12712,246-165,88089,680-124,606-267,126-176,599-131,35423,39687,77280,916-273,951-106,614-536-58,291-8,985
Cashflow From Financing-236.3%-156,335-46,492-47,443-42,305-68,828-208,23626,511164,809-142,751141,364196,743144,469144,598-38,933-88,045-88,702334,92698,342-7,26841,1463,921
  Dividend Payments0.8%18,22118,08119,18019,34619,34719,19619,19716,74016,67416,52316,52814,24911,12411,07111,07211,0579,5659,5269,5279,5208,914
  Buy Backs----4,600-----------------
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ACRE Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Interest income$ 44,033$ 49,500
Interest expense(28,819)(22,999)
Net interest margin15,21426,501
Revenue from real estate owned3,4780
Total revenue18,69226,501
Expenses:  
Management and incentive fees to affiliate2,7683,010
Professional fees533771
General and administrative expenses2,0811,685
General and administrative expenses reimbursed to affiliate1,132732
Expenses from real estate owned2,0370
Total expenses8,5516,198
Provision for current expected credit losses(22,269)21,019
Realized losses on loans45,7265,613
Change in unrealized losses on loans held for sale(995)0
Income (loss) before income taxes(12,321)(6,329)
Income tax expense, including excise tax2110
Net income (loss) attributable to common stockholders$ (12,323)$ (6,439)
Earnings (loss) per common share:  
Basic earnings (loss) per common share (in dollars per share)$ (0.23)$ (0.12)
Diluted earnings (loss) per common share (in dollars per share)$ (0.23)$ (0.12)
Weighted average number of common shares outstanding:  
Basic weighted average shares of common stock outstanding (in shares)54,396,39754,591,650
Diluted weighted average shares of common stock outstanding (in shares)54,396,39754,591,650
Dividends per share amount declared (in dollars per share)$ 0.25$ 0.35

ACRE Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and cash equivalents$ 99,518$ 110,459
Loans held for investment ($773,904 and $892,166 related to consolidated VIEs, respectively)2,014,5002,126,524
Current expected credit loss reserve(139,763)(159,885)
Loans held for investment, net of current expected credit loss reserve1,874,7371,966,639
Loans held for sale, at fair value ($38,981 related to consolidated VIEs as of December 31, 2023)038,981
Investment in available-for-sale debt securities, at fair value28,14828,060
Real estate owned, net82,49983,284
Other assets ($3,537 and $3,690 of interest receivable related to consolidated VIEs, respectively; $6,539 and $32,002 of other receivables related to consolidated VIEs, respectively)25,79552,354
Total assets2,110,6972,279,777
LIABILITIES  
Secured funding agreements630,299639,817
Notes payable104,714104,662
Secured term loan149,443149,393
Collateralized loan obligation securitization debt (consolidated VIEs)595,105723,117
Due to affiliate4,2814,135
Dividends payable13,80218,220
Other liabilities ($1,918 and $2,263 of interest payable related to consolidated VIEs, respectively)11,96414,584
Other liabilities ($1,918 and $2,263 of interest payable related to consolidated VIEs, respectively)11,96414,584
Total liabilities1,509,6081,653,928
Commitments and contingencies (Note 8)
STOCKHOLDERS' EQUITY  
Common stock, par value $0.01 per share, 450,000,000 shares authorized at March 31, 2024 and December 31, 2023 and 54,422,613 and 54,149,225 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively532532
Additional paid-in capital813,468812,184
Accumulated other comprehensive income234153
Accumulated earnings (deficit)(213,145)(187,020)
Total stockholders' equity601,089625,849
Total liabilities and stockholders' equity$ 2,110,697$ 2,279,777
ACRE
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.
0
 WEBSITEarescre.com
 INDUSTRYREIT 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 Fri Jun 21 2024, market cap of Ares Commercial Real Estate Corp is 391.9 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 Fri Jun 21 2024, ACRE's PE ratio (Price to Earnings) is -8.76 and Price to Sales (PS) ratio is 4.22. 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 0.024 (multiply by 100 for percentage) rate of return.