ACRE

Ares Commercial Real Estate Corporation [ACRE] Stock Forecast

Q: What is Ares Commercial Real Estate Corporation stock symbol ?

Ares Commercial Real Estate Corporation is a US stock, located in New york of Ny and trading under the symbol ACRE

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ACRE Stock Summary

Earnings have grown 6.84% per last year.

EPS has been increasing for the past 3 quarters (Quarter statements)

EPS has increased from the previous quarter and is now positive. (Quarter statements)

ACRE has more than 3 years of cash runway (45 months)

Has a high level of debt. Debt-to-Equity ratio of 2.41 is considered high.

In the last year, shareholders have seen their holdings diluted. Dilution over past year is 34.49%

Earnings are expected to fall -15.22% next year

Profit margins (0.03%) are lower than the previous year (0.27%)

ACRE's dividend payments have fallen since the beginning of the year

ACRE's dividend payments are not well covered by cash flows due to its high cash payout ratio (2161.86%).

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In the News

06:36 10 Dec 2023 ACRE

Ares Commercial: You've Been Warned About This 13.4% Yield

Ares Commercial Real Estate's dividend yield has risen above 13% which reflects increased risks in the commercial mortgage lending market. The REIT's heavy investments in the office market pose a significant risk to the REIT's earnings. The increase in loan loss reserves and the discount to book value justify a downgrade of Ares Commercial Real Estate from buy to hold.

11:30 10 Dec 2023 ACRE

Bottom Fishing A 13% Yield: Ares Commercial Real Estate

Commercial real estate has fallen out of favor as a recession looms larger. You can earn massive double-digit yields by understanding some basic truths. Income exceeding expenses equals financial security.

07:40 10 Dec 2023 ACRE

Readers Post 31 October Dividend Buy Candidates

Prior to September 30, 2023, my Readers mentioned 36 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: MVRL, FSK, T, RC, MO, BRSP, AHOTF, AB, WBA, and MITT averaged 56.52% net gains from reader data collected 11/15/23. Ten analyst-target-augured October TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: ABR, MMM, RC, O, BRSP, MO, T, AB, WBA, & MITT boasting a 47.19% average target price upside estimate.

06:45 10 Dec 2023 ACRE

BDCs Vs. MREITs: High-Yield Rumble

Mortgage REITs and BDCs had varying performances in Q3 2023, with agency mortgage REITs performing the worst and BDCs performing the best. Originator/servicer mREITs and RC outperformed their peers in terms of book value changes. Investors should focus on BDCs and preferred shares for long-term positions, as they generally have fewer dividend cuts.

03:39 10 Dec 2023 ACRE

35 September Readers-Noted, And 27 Ideal-To-Buy, Dividend Dogs

Prior to September 30, 2023, my Readers mentioned 35 equities in their comments on my articles. Some bad news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: C, ABR, BKH, FRT, MMM, O, T, PFE, PBR.A, and BRSP, averaged 36.1% net gains from reader data collected 10/13/23.

04:15 10 Dec 2023 ACRE

Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2023

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the third quarter ended September 30, 2023 on Friday, November 3, 2023 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2023 financial results. All interested parties are invited to participate vi.

07:35 10 Dec 2023 ACRE

A Defensive Dividend That Pays A Massive 13% Yield: Ares Commercial RE

Don't pull your goalie thinking you'll keep the puck out of your net. Defensive investing and income investing go hand-in-hand. Buy undervalued companies and enjoy excellent income.

03:00 10 Dec 2023 ACRE

Ares Commercial Real Estate: Loan Losses Expected To Soar As Property LTVs Rise

Commercial property prices are declining rapidly, with office properties being the most affected segment. Commercial real estate transaction volumes and sales of commercial mortgage bonds have significantly decreased. Ares Commercial Real Estate has lost considerable value and faces delinquency-related strains as mortgage rates peak.

05:45 10 Dec 2023 ACRE

Big Dividend Yields Going Higher, Dumb Debt, And Snark

Rising interest rates pose challenges for many REITs by impacting debt rollovers and investor alternatives. Higher rates will add around $2 billion to the national debt over the next decade. Even more if they create a recession. Apartment construction is declining, affecting rental unit supply and potentially leading to increased rental rates. Pretty obvious when you think about it.

01:49 10 Dec 2023 ACRE

Ares Commercial Real Estate: Enticing 12.6% Yield, But No Longer A Buy (Downgrade)

Ares Commercial Real Estate Corporation's dividend coverage improved in Q2, but risks have increased due to paying out all distributable earnings and narrowing the stock price-book value gap. The company has stopped paying its supplemental dividend since 2022, leading to a more risk-averse stance and a downgrade to a Hold classification. ACRE's loan portfolio is dependent on the overall health of the commercial real estate market, which is facing headwinds and potential borrower defaults.

ACRE Financial details

Company Rating

Strong Buy

Market Cap

547.9M

Income

3.46M

Revenue

100.17M

Book val./share

12.63

Cash/share

1.65

Dividend

1.38

Dividend %

13.64%

Employees

1.2K

Optionable

Shortable

Yes

Earnings

13 Feb 2024

P/E

158.37

Forward P/E

8.72

PEG

-16.53

P/S

5.47

P/B

0.8

P/C

6.13

P/FCF

10.58

Quick Ratio

1.86

Current Ratio

2.02

Debt / Equity

2.41

LT Debt / Equity

1.45

EPS (TTM)

0.06

EPS next Y

1.16

EPS next Q

0.23

EPS this Y

-59.44%

EPS next Y

1846.31%

EPS next 5Y

1644.97%

EPS last 5Y

-15.55%

Revenue last 5Y

14.55%

Revenue Q/Q

-4.43%

EPS Q/Q

-520.79%

SMA20

4.69%

SMA50

1.62%

SMA100

-5.99%

Inst Own

26.66%

Inst Trans

0.7%

ROA

ROE

ROC

0.01%

Gross Margin

Oper. Margin

16%

Profit Margin

Payout

2230%

Shs Outstand

54.14M

Shs Float

50.89M

Target Price

52W Range

7.52-12.75

52W High

-15.67%

52W Low

+44.57%

RSI

55.41

Rel Volume

0.64

Avg Volume

452.09K

Volume

289.76K

Perf Week

1.2%

Perf Month

11.82%

Perf Quarter

-0.39%

Perf Half Y

1.2%

Beta

1.482

Volatility

0.19%, 0.36%

Prev Close

1.2%

Price

10.12

Change

4.01%

ACRE Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	1.94	2.7	2.39	2.41	2.11
Net income per share	1.35	1.29	0.66	1.43	0.58
Operating cash flow per share	1.37	1.13	0.96	1.14	1.11
Free cash flow per share	1.37	1.08	0.95	1.14	1.11
Cash per share	0.39	0.18	2.27	1.19	3.27
Book value per share	14.92	14.9	14.34	16.01	14.46
Tangible book value per share	14.92	14.9	14.34	16.01	14.46
Share holders equity per share	14.92	14.9	14.34	16.01	14.46
Interest debt per share	15.5	43	41.81	46.05	34.88
Market cap	372.02M	453.17M	392.76M	616.49M	531.78M
Enterprise value	740.02M	1.05B	1.64B	1.65B	2.13B
P/E ratio	9.64	12.25	17.98	10.2	17.85
Price to sales ratio	6.73	5.87	4.99	6.04	4.88
POCF ratio	9.49	13.96	12.37	12.75	9.3
PFCF ratio	9.49	14.73	12.47	12.79	9.3
P/B Ratio	0.87	1.06	0.83	0.91	0.71
PTB ratio	0.87	1.06	0.83	0.91	0.71
EV to sales	13.39	13.65	20.9	16.16	19.51
Enterprise value over EBITDA	7.25	27.64	71.26	26.95	22.34
EV to operating cash flow	18.87	32.51	51.79	34.11	37.21
EV to free cash flow	18.87	34.29	52.24	34.21	37.21
Earnings yield	0.1	0.08	0.06	0.1	0.06
Free cash flow yield	0.11	0.07	0.08	0.08	0.11
Debt to equity	0.89	2.74	2.81	2.8	2.32
Debt to assets	0.24	0.65	0.69	0.72	0.69
Net debt to EBITDA	3.61	15.76	54.24	16.88	16.75
Current ratio	96.9	0.08	0.13	0.22	24.52
Interest coverage	1.62	0.6	0.43	1.22	1.46
Income quality	1.02	0.88	1.45	0.8	1.92
Dividend Yield	0.09	0.08	0.11	0.09	0.14
Payout ratio	0.83	1.01	1.96	0.97	2.41
Sales general and administrative to revenue	0.12	0.09	0.09	0.08	0.09
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	-0.05	-0.01	0	0
Capex to revenue	0	-0.02	0	0	0
Capex to depreciation	0	-2.53	-0.31	-0.01	0
Stock based compensation to revenue	0.02	0.02	0.02	0.02	0.03
Graham number	21.31	20.82	14.62	22.66	13.7
ROIC	0.13	0.02	0.01	0.02	0.04
Return on tangible assets	0.02	0.02	0.01	0.02	0.01
Graham Net	-39.51	-46.16	-41.73	-42.55	-29.16
Working capital	51.88M	-513.55M	-569.55M	-638.17M	2.46B
Tangible asset value	425.59M	426.34M	473.02M	678.63M	747.54M
Net current asset value	-1.13B	-1.31B	-1.37B	-1.77B	785.57M
Invested capital	0.89	2.74	2.81	2.8	2.32
Average receivables	26.69M	47.42M	24.95M	69.34M	131.83M
Average payables	477.5K	629.5K	554.5K	480.5K	1.24M
Average inventory	0	0	0	0	0
Days sales outstanding	346.14	200.37	34.74	469.1	443.42
Days payables outstanding	0	11.4	3.73	11.21	13.28
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.05	1.82	10.51	0.78	0.82
Payables turnover	0	32.01	97.98	32.56	27.48
Inventory turnover	0	0	0	0	0
ROE	0.09	0.09	0.05	0.09	0.04
Capex per share	0	-0.06	-0.01	0	0

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric	2022-09-30	2022-12-31	2023-03-31	2023-06-30	2023-09-30
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	0.5	0.56	0.38	0.46	0.44
Net income per share	0.01	0.05	-0.12	-0.04	0.17
Operating cash flow per share	0.24	0.28	0.21	0.22	0.25
Free cash flow per share	0.24	0.28	0.21	0.22	0.25
Cash per share	1.93	3.11	3.33	3.14	1.65
Book value per share	14.1	13.73	13.16	12.72	12.63
Tangible book value per share	14.1	13.73	13.16	12.72	12.63
Share holders equity per share	14.1	13.73	13.16	12.72	12.63
Interest debt per share	35.31	32.31	20.46	20.62	29.84
Market cap	568.64M	560.05M	496.24M	551.62M	514.89M
Enterprise value	2.39B	2.16B	1.33B	1.4B	2.1B
P/E ratio	220.75	48.13	-19.27	-62.74	14.02
Price to sales ratio	20.85	18.42	23.76	22.07	21.56
POCF ratio	44.03	37.11	44.09	46.35	38.01
PFCF ratio	44.03	37.11	44.09	46.35	38.01
P/B Ratio	0.74	0.75	0.69	0.8	0.75
PTB ratio	0.74	0.75	0.69	0.8	0.75
EV to sales	87.8	70.88	63.77	55.94	87.82
Enterprise value over EBITDA	125.94	87.83	440.21	635.73	117.82
EV to operating cash flow	185.39	142.83	118.34	117.48	154.84
EV to free cash flow	185.39	142.83	118.34	117.48	154.84
Earnings yield	0	0.01	-0.01	0	0.02
Free cash flow yield	0.02	0.03	0.02	0.02	0.03
Debt to equity	2.48	2.32	1.52	1.58	2.41
Debt to assets	0.7	0.69	0.45	0.46	0.7
Net debt to EBITDA	96.03	65.01	276.22	384.88	88.89
Current ratio	0.16	24.52	3.17	2.68	2.02
Interest coverage	1.04	1.14	-1.28	0.08	-0.6
Income quality	20.05	5.19	-1.75	-5.41	1.47
Dividend Yield	0.03	0.03	0.04	0.04	0.04
Payout ratio	29.81	6.6	-3	-8.8	2.09
Sales general and administrative to revenue	0.09	0.1	0.12	0.13	0.1
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.02	0.02	0.05	0.04	0.04
Graham number	1.94	4.06	5.91	3.4	6.95
ROIC	0.01	0.01	-0.02	0	0.01
Return on tangible assets	0	0	0	0	0
Graham Net	-32.24	-27.69	-26.48	-27.03	-27.96
Working capital	-694.24M	2.46B	226.73M	175.47M	106.49M
Tangible asset value	767.08M	747.54M	718.3M	691.19M	682.96M
Net current asset value	-1.83B	785.57M	-1.39B	-1.43B	-1.47B
Invested capital	2.48	2.32	1.52	1.58	2.41
Average receivables	100.93M	133.34M	131.88M	111.73M	98.64M
Average payables	1.13M	1.65M	1.93M	1.95M	2.05M
Average inventory	0	0	0	0	0
Days sales outstanding	442.89	392.09	565.7	331.9	396.14
Days payables outstanding	6.41	3.28	8.32	8.73	51.93
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0.2	0.23	0.16	0.27	0.23
Payables turnover	14.05	27.48	10.82	10.31	1.73
Inventory turnover	0	0	0	0	0
ROE	0	0	-0.01	0	0.01
Capex per share	0	0	0	0	0

ACRE Dividend History

ACRE Frequently Asked Questions

What is Ares Commercial Real Estate Corporation stock symbol ?

Ares Commercial Real Estate Corporation is a US stock , located in New york of Ny and trading under the symbol ACRE

Is Ares Commercial Real Estate Corporation buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $16. The lowest prediction is $16 and the highest is $16

What is ACRE stock prediction ?

What is Ares Commercial Real Estate Corporation stock quote today ?

Ares Commercial Real Estate Corporation stock price is $10.12 today.

Is Ares Commercial Real Estate Corporation stock public?

Yes, Ares Commercial Real Estate Corporation is a publicly traded company.

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Company Profile

Volume Average 452.09K
Market Capitalization 547.9M
Employee 1.2K
CEO Mr. Bryan Patrick Donohoe
Headquarters New York,NY,US
IPO Date 2012-04-27
Website https://www.arescre.com

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.