Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation

ACREยทNYSE

$4.89

-2.8%
Real EstateREIT - Mortgage

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.

At a Glance

Live Snapshot
Market Cap$271.30M
EPS-0.0164
P/E Ratio-298.17
Earnings Date08/04/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -298.2).

Valuation inputs: P/E -298.2, earnings yield N/A, momentum -2.8%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -0.2%, ROIC +3.9%).

Profitability stack: net margin -1.1%, ROE -0.2%, ROIC +3.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +68.5%, momentum -2.8%, net margin -1.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

acre

Ares Commercial Real Estate Corporation Market vs Earnings Trajectory

ACRE ยท NYSE

Loading price and EPS data...

Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation Fair Value Envelope

ACRE ยท NYSE

Our analysis suggests that ACRE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.89, this represents a potential HIDDEN relative to our calculated worth for Ares Commercial Real Estate Corporation.

Intrinsic Value
Current Price: $4.89
3Y-103.0%
5Y-102.0%
10Y-101.0%
3Y-22.0%
5Y+8.0%
10Y+89.0%
3Y-103.0%
5Y-104.0%
10Y-102.0%
3Y-63.0%
5Y-33.0%
10Y+150.0%
3Y-65.0%
5Y-37.0%
10Y+141.0%
3Y-36.0%
5Y-16.0%
10Y+18.0%
Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation Profit Bridge

ACRE ยท NYSE
Revenue85.35M
Cost of Goods Sold (36.40M)
Gross Profit48.95M
Operating Expenses (-12.83M)
Operating Income61.78M
Interest Expense (65.16M)
Other Income/Expense-62.40M
Pretax Income-617.00K
Income Tax (285.00K)
Net Income-902.00K
Net Income
-902.00K

Profitability Analysis

Gross Margin

57.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

72.4%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

-1.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

57.36%
Gross Profit Margin
-43%
3Y-43.0%
5Y-43.0%
10Y-34.0%
72.39%
Operating Profit Margin
1%
3Y-
5Y-
10Y+7.0%
-1.06%
Net Profit Margin
-97%
3Y-104.0%
5Y-104.0%
10Y-101.0%
-0.18%
Return on Equity
-97%
3Y-104.0%
5Y-104.0%
10Y-102.0%
-0.06%
Return on Assets
-97%
3Y-105.0%
5Y-105.0%
10Y-102.0%
3.85%
Return on Invested Capital
6%
3Y-
5Y-
10Y-174.0%
ACRE

Ares Commercial Real Estate Corporation Cash Conversion Engine

ACRE ยท NYSE
Net Income-902.00K
Depreciation & Amortization4.63M
Stock-Based Compensation3.90M
Change in Working Capital-4.53M
Others18.25M
Capital Expenditures-1.63M
Free Cash Flow19.72M

Cash Flow Quality Analysis

FCF Conversion Rate

-2186.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

7.6%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-44.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$4.53M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

acre

Ares Commercial Real Estate Corporation Funding & Solvency Profile

ACRE ยท NYSE
Cash & Cash Equivalents86.16M
Net Receivables18.93M
Inventory0.00
Other Current Assets0.00
Total Current Assets105 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
1.84B

Financial Health Analysis

Debt-to-Equity Ratio

2.73x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

105 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

6% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

acre

Ares Commercial Real Estate Corporation Street Expectations Map

ACRE ยท NYSE

Wall Street analysts project that ACRE stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 5.25, with estimates ranging from a low of 5.00 to a high of 5.50.

Lowest Target
5.00
2.25%
Consensus Target
5.25
7.36%
Highest Target
5.50
12.47%

The consensus 1-year price target stands at 5.25, with estimates ranging from a low of 5.00 to a high of 5.50.

Analyst Consensus Analysis

Upside Potential

+7.4%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

9.5% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

acre

Ares Commercial Real Estate Corporation Insider Positioning

ACRE ยท NYSE

During the last 12 months, insiders have sold $175K worth of ACRE shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

35.6K

175.35K

Net Activity

-175K

-$175K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
DBP

Donohoe Bryan Patrick

Officer: Chief Executive Officer

21.8K sharesโ€ข1 transactions

$107K

2
FA

Feingold Anton

Officer: Gen. Counsel Vp And Secretary

7.6K sharesโ€ข1 transactions

$37K

3
GJM

Gonzales Jeffrey Michael

Officer: Cfo And Treasurer

6.2K sharesโ€ข1 transactions

$31K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $175K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

3.18%
Dividend Yield
3Y-18.0%
5Y+35.0%
10Y+49.0%
ย 

acre Dividend History

ACRE
10Y CAGR 5%
Latest $0.15
Annual $0.75
Stable dividend payments
Last Period: +0%