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ACRE

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

7.76USD+0.22 (+2.92%)Market Closed
Watchlist

Market Summary

USD7.76+0.22
Market Closed
2.92%

ACRE Alerts

  • 1 major insider sales recently.
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

ACRE Stock Price

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ACRE RSI Chart

ACRE Valuation

Market Cap

422.3M

Price/Earnings (Trailing)

-10.87

Price/Sales (Trailing)

2.43

EV/EBITDA

4.65

Price/Free Cashflow

9.03

ACRE Price/Sales (Trailing)

ACRE Profitability

EBT Margin

-22.41%

Return on Equity

-6.21%

Return on Assets

-1.7%

Free Cashflow Yield

11.08%

ACRE Fundamentals

ACRE Revenue

Revenue (TTM)

173.6M

Rev. Growth (Yr)

8.38%

Rev. Growth (Qtr)

31.25%

ACRE Earnings

Earnings (TTM)

-38.9M

Earnings Growth (Yr)

-1.5K%

Earnings Growth (Qtr)

-529.15%

Breaking Down ACRE Revenue

Last 7 days

-2.9%

Last 30 days

-17.6%

Last 90 days

-15.4%

Trailing 12 Months

-28.1%

How does ACRE drawdown profile look like?

ACRE Financial Health

Debt/Equity

0.11

Debt/Cashflow

0.68

ACRE Investor Care

Dividend Yield

17.53%

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
YearQ1Q2Q3Q4
2023161.2M161.1M168.3M173.6M
2022123.3M124.9M136.5M158.8M
2021108.4M114.0M117.4M130.0M
202094.5M82.5M84.9M109.2M
201997.0M113.4M111.3M77.3M
2018103.8M94.8M96.7M110.3M
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
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
-

1–10 of 50

Which funds bought or sold ACRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
20,711
267,765
-%
Feb 20, 2024
Quarry LP
added
31.26
4,775
15,923
-%
Feb 16, 2024
Aspect Partners, LLC
new
-
1,036
1,036
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
3.49
862
7,690
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
new
-
440,000
440,000
0.04%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
2.62
53,000
511,000
-%
Feb 15, 2024
Farther Finance Advisors, LLC
new
-
21.00
21.00
-%
Feb 15, 2024
MERCER GLOBAL ADVISORS INC /ADV
new
-
120,000
120,000
-%
Feb 15, 2024
Mango Five Family, Inc.
new
-
62,160
62,160
0.02%
Feb 15, 2024
BARCLAYS PLC
added
343
668,000
842,000
-%

1–10 of 42

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
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
Feb 01, 2024
4
Insider Trading
Jan 30, 2024
4
Insider Trading
Jan 30, 2024
144
Notice of Insider Sale Intent
Jan 29, 2024
144
Notice of Insider Sale Intent
Jan 25, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Ares Commercial Real Estate Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
94.1B
11.1B
-10.65% -13.65%
147.62
8.44
4.04% -77.77%
48.2B
7.0B
-3.98% -22.59%
31.07
6.91
-0.07% -3.84%
25.3B
2.8B
-2.97% -1.75%
27.24
9.14
6.73% -18.26%
21.4B
2.9B
-5.52% -28.01%
206.17
7.4
11.46% -80.13%
13.3B
1.6B
-3.69% 2.47%
29.9
8.2
8.93% 66.32%
10.4B
3.3B
-3.72% -7.14%
54.66
3.18
5.31% -77.32%
MID-CAP
11.4B
1.3B
-5.09% -7.40%
31.26
8.62
8.04% -24.50%
8.3B
1.1B
-2.41% -8.68%
34.98
7.32
5.38% -38.52%
3.6B
884.1M
9.75% 30.95%
-13
4.03
2.90% -314.82%
3.1B
899.4M
3.37% 28.11%
-5.56
3.49
37.21% -623.11%
SMALL-CAP
1.3B
419.4M
-7.04% -16.43%
20.65
3.13
-0.77% 17.90%
1.1B
605.6M
-5.97% -2.34%
14.3
1.89
25.53% 134.62%
1.1B
187.0M
-2.17% -
-5.28
5.91
-45.80% -170.63%
649.6M
258.7M
-10.18% -35.90%
-13.35
2.51
0.11% 83.70%
437.6M
277.9M
-5.13% -36.77%
-27.59
1.57
42.88% 96.06%

Ares Commercial Real Estate Corp News

Latest updates
AmericanBankingNEWS40 hours ago
Seeking Alpha26 Feb 202410:03 am
The Washington Post22 Feb 202402:25 pm
Zacks Investment Research22 Feb 202411:31 am
Simply Wall St03 Feb 202408:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue31.2%69.0053.0025.0027.0064.0046.0025.0024.0042.0034.0024.0031.0029.0031.0018.0031.005.0028.0030.0014.0039.00
  S&GA Expenses8.2%2.002.002.002.002.001.002.002.001.001.001.001.001.001.001.001.001.001.001.001.001.00
EBITDA Margin-40.2%0.39*0.65*0.65*0.73*0.85*1.04*1.17*1.20*1.12*1.16*1.22*----------
Interest Expenses-100.0%-23.0025.0027.0030.0027.0025.0021.0024.0021.0020.0019.0018.0019.0017.0016.0013.0013.0013.0012.0015.00
Income Taxes-443.7%-0.09-0.02-0.050.000.000.000.000.000.00-0.000.000.000.000.000.000.000.000.000.000.00
Earnings Before Taxes-530.9%-39.509.00-2.24-6.333.001.0010.0016.0017.0010.0018.0016.0014.0015.0010.00-17.2510.009.0010.009.0010.00
EBT Margin-1100.5%-0.22*0.02*-0.03*0.05*0.19*0.33*0.43*0.50*0.47*0.50*0.56*----------
Net Income-529.2%-39.419.00-2.20-6.443.001.0010.0016.0017.0010.0018.0016.0014.0015.0010.00-17.2610.009.0010.009.0010.00
Net Income Margin-1189.9%-0.22*0.02*-0.03*0.04*0.19*0.32*0.43*0.49*0.47*0.49*0.55*----------
Free Cashflow-25.6%10.0014.0012.0011.0015.0013.0013.0016.0018.0010.0010.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.5%2,2802,3632,4002,4442,5232,7272,6962,5162,6322,4672,2572,0911,9291,9492,0212,1011,7841,6751,6711,6181,603
    Cash Equivalents81.0%11061.0014315414177.0026.0014.0051.0016.0076.0098.0075.0081.0073.0074.006.006.005.0013.0011.00
Liabilities-1.6%1,6541,6801,7091,7261,7751,9601,9101,8261,9531,7941,5781,5151,4561,4801,5561,6351,3581,2491,2461,1931,178
Shareholder's Equity-8.4%626683691718748767786689679673679576473469465466426426426425426
  Retained Earnings-44.5%-187-129-120-99.11-73.33-56.89-38.34-29.17-28.63-29.11-22.54-23.62-25.12-28.40-32.26-30.952.002.003.003.004.00
  Additional Paid-In Capital0.1%812811810814813812811708704701701599498497497497424423423422422
Shares Outstanding0.0%54.0054.0054.0055.0054.0054.0051.0047.0047.0047.0041.0034.00---------
Float-------625---637---274---379--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-25.5%10,08713,54611,90011,25615,09012,91512,93716,21518,07010,4999,8579,9249,0188,5815,8968,2677,5768,5419,5466,78910,930
  Share Based Compensation5.7%1,0419851,005960738673699766494428497521383366365225482479427492324
Cashflow From Investing280.0%85,847-47,68919,24470,058257,12712,246-165,88089,680-124,606-267,126-176,599-131,35423,39687,77280,916-273,951-106,614-536-58,291-8,985139,282
Cashflow From Financing2.0%-46,492-47,443-42,305-68,828-208,23626,511164,809-142,751141,364196,743144,469144,598-38,933-88,045-88,702334,92698,342-7,26841,1463,921-144,157
  Dividend Payments-5.7%18,08119,18019,34619,34719,19619,19716,74016,67416,52316,52814,24911,12411,07111,07211,0579,5659,5269,5279,5208,9148,323
  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 margin88,956104,17783,551
Revenue from real estate owned3,9702,67218,518
Total revenue92,926106,849102,069
Expenses:   
Management and incentive fees to affiliate12,26314,89812,136
Professional fees3,0543,3502,436
General and administrative expenses7,2446,3944,741
General and administrative expenses reimbursed to affiliate3,4343,7773,016
Expenses from real estate owned2,5184,30918,548
Total expenses28,51332,72840,877
Provision for current expected credit losses91,82546,06110
Realized losses on loans10,49900
Unrealized losses on loans held for sale99500
Gain on sale of real estate owned02,1970
Income (loss) before income taxes(38,906)30,25761,182
Income tax expense (benefit), including excise tax(39)472722
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)54,281,99851,679,74442,399,613
Diluted weighted average shares of common stock outstanding (in shares)54,281,99852,126,25642,681,505

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)2,126,5242,264,008
Current expected credit loss reserve(159,885)(65,969)
Loans held for investment, net of current expected credit loss reserve1,966,6392,198,039
Loans held for sale, at fair value ($38,981 related to consolidated VIEs as of December 31, 2023)38,9810
Investment in available-for-sale debt securities, at fair value28,06027,936
Real estate owned, net83,2840
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)52,354155,749
Total assets2,279,7772,523,002
LIABILITIES  
Secured funding agreements639,817705,231
Notes payable104,662104,460
Secured term loan149,393149,200
Collateralized loan obligation securitization debt (consolidated VIEs)723,117777,675
Due to affiliate4,1355,580
Dividends payable18,22019,347
Other liabilities ($2,263 and $1,913 of interest payable related to consolidated VIEs, respectively)14,58413,969
Other liabilities ($2,263 and $1,913 of interest payable related to consolidated VIEs, respectively)14,58413,969
Total liabilities1,653,9281,775,462
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY  
Common stock, par value $0.01 per share, 450,000,000 shares authorized at December 31, 2023 and 2022 and 54,149,225 and 54,443,983 shares issued and outstanding at December 31, 2023 and 2022, respectively532537
Additional paid-in capital812,184812,788
Accumulated other comprehensive income1537,541
Accumulated earnings (deficit)(187,020)(73,326)
Total stockholders' equity625,849747,540
Total liabilities and stockholders' equity$ 2,279,777$ 2,523,002
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
 WEBSITEwww.arescre.com

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 Thu Feb 29 2024, market cap of Ares Commercial Real Estate Corp is 410.35 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 Thu Feb 29 2024, ACRE's PE ratio (Price to Earnings) is -10.56 and Price to Sales (PS) ratio is 2.36. 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 0.036 (multiply by 100 for percentage) rate of return.