Real Estate -
REIT - Mortgage - NYSE - US
$ 23.45
-2.33 %
$ 175 M
Market Cap
46.25
P/E
1. INTRINSIC VALUE
Balance Sheet
ACRES Commercial Realty Corp.
| Current Assets | 71.4 M |
| Cash & Short-Term Investments | 56.7 M |
| Receivables | 16.9 M |
| Other Current Assets | -2.29 M |
| Non-Current Assets | 26.9 M |
| Long-Term Investments | 0 |
| PP&E | 19.9 M |
| Other Non-Current Assets | 6.99 M |
| Current Liabilities | 11.1 M |
| Accounts Payable | 6.96 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 4.17 M |
| Non-Current Liabilities | 1.41 B |
| Long-Term Debt | 1.41 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
ACRES Commercial Realty Corp.
| Revenue | 83.5 M |
| Cost Of Revenue | 46.9 M |
| Gross Profit | 36.6 M |
| Operating Expenses | 25 M |
| Operating Income | 11.6 M |
| Other Expenses | -17.1 M |
| Net Income | 28.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
ACRES Commercial Realty Corp.
| Net Income | 28.7 M |
| Depreciation & Amortization | 9.69 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 2.96 M |
| Change in Working Capital | 0 |
| Others | -25.5 M |
| Free Cash Flow | 19.4 M |
Wall Street Analysts Price Targets
ACRES Commercial Realty Corp.
ACR-PC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
4.50%
DIVIDEND YIELD
0.638 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
ACRES Commercial Realty Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
8. Profile
Summary
ACRES Commercial Realty Corp. ACR-PC
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 175 M
Dividend Yield
4.50%
Description
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States. It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial real estate equity and preferred equity investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.
Contact
390 RXR Plaza, Uniondale, NY, 11556
https://www.acresreit.com
IPO
Date
June 6, 2014
Employees
4
Officers
Ms. Linda M. Kilpatrick
Vice President, Chief Accounting Officer & Controller
Mr. Steven Landgraber
Senior Vice President of Corporate Finance & Investor Relations Officer
Mr. Eldron C. Blackwell
Senior Vice President, Chief Financial Officer & Treasurer
Mr. George E. Carlton
Head of CMBS Investing
Mr. Mark Steven Fogel
President, Chief Executive Officer & Director
Ms. Jaclyn Alyce Jesberger
Chief Legal Officer, Senior Vice President & Secretary
Mr. Kyle K. Brengel
Vice President of Operations
Mr. Jeffrey Dean Blomstrom
Senior Vice President
Mr. George Edward Carleton
Executive Vice President of Resource America
Mr. Paul Andrew Hughson J.D.
Executive Vice President of Commercial Real Estate Lending Business Division