Real Estate -
REIT - Mortgage - NYSE - US
$ 4.04
-5.16 %
$ 222 M
Market Cap
-6.31
P/E
1. INTRINSIC VALUE
Balance Sheet
Ares Commercial Real Estate Corporation
| Current Assets | 89.2 M |
| Cash & Short-Term Investments | 72.5 M |
| Receivables | 16.7 M |
| Other Current Assets | 0 |
| Non-Current Assets | 0 |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 607 M |
| Accounts Payable | 1.31 M |
| Short-Term Debt | 588 M |
| Other Current Liabilities | 17.7 M |
| Non-Current Liabilities | 584 M |
| Long-Term Debt | 584 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Ares Commercial Real Estate Corporation
| Revenue | 69.6 M |
| Cost Of Revenue | 0 |
| Gross Profit | 69.6 M |
| Operating Expenses | 10.5 M |
| Operating Income | 59.2 M |
| Other Expenses | 94.2 M |
| Net Income | -35 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ares Commercial Real Estate Corporation
| Net Income | -35 M |
| Depreciation & Amortization | 4.76 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 4.74 M |
| Change in Working Capital | -5.76 M |
| Others | 61 M |
| Free Cash Flow | 35.5 M |
Wall Street Analysts Price Targets
Ares Commercial Real Estate Corporation
Wall Street analysts predict an average 1-year price target for ACRE of $7 , with forecasts ranging from
a
low of
$7 to a high of $7 .
ACRE Lowest Price Target
Wall Street Target
7 USD
73.27%
ACRE Average Price Target
Wall Street Target
7 USD
73.27%
ACRE Highest Price Target
Wall Street Target
7 USD
73.27%
4. DIVIDEND
ANALYSIS
4.30%
DIVIDEND YIELD
0.15 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ares Commercial Real Estate Corporation
Sold
0-3 MONTHS
199 K USD 3
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
4 Best Stocks To Buy Under $5
If you're one of the over 4 Million Americans set to retire this year, you may want to pay attention.
247wallst.com
- 2 weeks ago
Ares Commercial: 50%+ Book Value Discount Is Excessive (Rating Upgrade)
Ares Commercial Real Estate announced a 40% dividend cut for Q1 '25, reducing the quarterly dividend to $0.15 per-share. Persistent loan quality issues, particularly in the office portfolio, forced ACRE to divest loans at a loss and reduce financial leverage. Shares trade at a 50%+ discount to book value, reflecting deep investor distrust despite the REIT's efforts to de-risk and reset for growth.
seekingalpha.com
- 3 weeks ago
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commercial Mortgage REITs were the "biggest loser" of REIT earnings season after results showed ongoing problems in the office space and a significant deterioration in multifamily bridge loan performance. Results from Hotel REITs were also disappointing given the record-levels of travel demand, as margin pressures from higher labor costs have taken a sizable bite out of bottom-line profitability.
seekingalpha.com
- 3 weeks ago
Ares Commercial Real Estate: 40% Dividend Cut, What Now?
Ares Commercial Real Estate Corporation cut its dividend by 40% due to persistent loan quality issues and underperforming distributable earnings, following a 24% cut in early 2024. The mortgage REIT's book value has declined significantly, now trading at a 50% discount due to ongoing loan losses and a contracting net interest margin. Despite the dividend cuts, the trust's pay-out metrics remain unstable, leading to a 'Hold' rating as concerns about the company's financial stability persist.
seekingalpha.com
- 1 month ago
Why Dividends Matter, Even The Little Ones
Dividends provide a reliable income stream, especially during tough economic times, alleviating financial pressure without the need to sell shares. Persistent inflation makes dividend income increasingly valuable, as it offers stability when market returns are volatile or negative. Investing in well-established, high-yield dividend companies with strong cash flows can ensure a steady income and reduce financial stress.
seekingalpha.com
- 1 month ago
Inflation Isn't Dead Yet
US equity markets flirted with fresh record-highs this week while benchmark interest rates hovered around two-month lows as investors weighed positive earnings news against uncomfortable hot inflation data. Complicating the policy outlook for the Federal Reserve, CPI data showed the fastest monthly rise in consumer prices since August, prompting a pledge from Powell for "more work to do." Snapping a two-week losing streak, the S&P 500 rebounded by 1.5%, closing fractionally below its prior record-high set in late January. The tech-heavy Nasdaq 100 rallied nearly 3%.
seekingalpha.com
- 1 month ago
Ares Commercial Real Estate Corporation (ACRE) Q4 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (NYSE:ACRE ) Q4 2024 Earnings Conference Call February 12, 2024 11:00 AM ET Company Participants John Stilmar - MD, IR Bryan Donohoe - CEO Jeff Gonzales - CFO Conference Call Participants Rick Shane - JPMorgan Doug Harter - UBS Jade Rahmani - KBW Chris Muller - Citizens JMP John Nickodemus - BTIG Operator Good afternoon, ladies and gentlemen, and welcome to Ares Commercial Real Estate Corporation's Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 month ago
Ares Commercial: Mortgage REIT Cuts On Schedule
Ares Commercial cut once again. Q4-2024 saw negative distributable EPS and increased loans rated 4 and 5. ACRE has had the worst underwriting results in mortgage REITs, and it is not even close.
seekingalpha.com
- 1 month ago
Compared to Estimates, Ares Commercial Real Estate (ACRE) Q4 Earnings: A Look at Key Metrics
The headline numbers for Ares Commercial Real Estate (ACRE) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 1 month ago
Ares Commercial Real Estate (ACRE) Reports Q4 Loss, Lags Revenue Estimates
Ares Commercial Real Estate (ACRE) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.20 per share a year ago.
zacks.com
- 1 month ago
Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(10.7) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(8.3) million or $(0.15) per diluted common share for the fourth quarter of 2024. The Company reported GAAP net.
businesswire.com
- 1 month ago
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 12, 2025 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 11:00 a.m. Eastern Time to discuss its fourth quarter and full year ended December 31, 2024 financial results. All interested parti.
businesswire.com
- 2 months ago
8. Profile
Summary
Ares Commercial Real Estate Corporation ACRE
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 222 M
Dividend Yield
4.30%
Description
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.
Contact
245 Park Avenue, New York, NY, 10167
https://www.arescre.com
IPO
Date
April 27, 2012
Employees
1200
Officers
Mr. Anton Feingold
General Counsel, Vice President & Secretary
Mr. Bryan Patrick Donohoe
Chief Executive Officer & Director
Mr. Carl G. Drake C.F.A.
Partner & Senior Advisor
Mr. Tae-Sik Yoon
Chief Operating Officer
Mr. Jeffrey Gonzales
Chief Financial Officer & Treasurer
Mr. John W. Stilmar
Partner & Co-Head of Public Markets Investor Relations
Mr. William Stephen Benjamin
Partner, Head of Ares Real Estate & Chairman of the Board
Mr. Andrew E. Holm
Partner & Co-Head of U.S. Diversified Equity
Mr. David Roth CFA, J.D.
President, Partner & Global Head of Real Estate Strategy and Growth
Mr. A. Wilson Lamont
Partner & Co-Head of European Real Estate Equity