Ares Commercial Real Estate Stock (NYSE:ACRE)
Previous Close
$3.56
52W Range
$3.35 - $7.99
50D Avg
$4.83
200D Avg
$6.30
Market Cap
$201.87M
Avg Vol (3M)
$660.53K
Beta
1.28
Div Yield
$0.60 (24.46%)
ACRE Company Profile
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. The company provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. It originates senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. The company 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. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was incorporated in 2011 and is based in New York, New York.
ACRE Performance
Peer Comparison
| Ticker | Company |
|---|---|
| ORC | Orchid Island Capital, Inc. |
| ARI | Apollo Commercial Real Estate Finance, Inc. |
| DX | Dynex Capital, Inc. |
| NREF | NexPoint Real Estate Finance, Inc. |
| ARR | ARMOUR Residential REIT, Inc. |
| CHMI | Cherry Hill Mortgage Investment Corporation |
| TRTX | TPG RE Finance Trust, Inc. |
| TWO | Two Harbors Investment Corp. |
| EARN | Ellington Residential Mortgage REIT |
| EFC | Ellington Financial Inc. |