Ares Commercial Real Estate Stock (NYSE:ACRE)



Previous Close

$5.07

52W Range

$4.95 - $8.25

50D Avg

$6.10

200D Avg

$6.77

Market Cap

$277.03M

Avg Vol (3M)

$658.03K

Beta

1.55

Div Yield

$1.00 (19.80%)

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.

Industry

REIT - Mortgage

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

1,200

IPO Date

Apr 27, 2012

Website

ACRE Performance


Total Return %
1D
5D
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
ACRE
S&P 500
-0.39%
-4.54%
-14.84%
-27.65%
-26.17%
-15.13%
-38.41%
-65.51%
-70.14%
-58.74%
0.29%
1.16%
2.33%
3.97%
10.32%
4.59%
23.10%
40.82%
81.60%
191.01%

ACRE Financial Summary


Dec 24Dec 23Dec 22
Revenue$69.65M$1.10M$109.05M
Operating Income$59.19M$-11.71M$96.25M
Net Income$-34.99M$-38.87M$29.79M
EBITDA--$95.22M
Basic EPS$-0.64$-0.72$0.58
Diluted EPS$-0.64$-0.72$0.57

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Feb 12, 25 | 11:00 AM
Q3 24Nov 07, 24 | 12:00 PM
Q2 24Aug 06, 24 | 12:00 PM

Peer Comparison


TickerCompany
ORCOrchid Island Capital, Inc.
ARIApollo Commercial Real Estate Finance, Inc.
DXDynex Capital, Inc.
NREFNexPoint Real Estate Finance, Inc.
ARRARMOUR Residential REIT, Inc.
CHMICherry Hill Mortgage Investment Corporation
TRTXTPG RE Finance Trust, Inc.
TWOTwo Harbors Investment Corp.
EARNEllington Residential Mortgage REIT
EFCEllington Financial Inc.