Real Estate - REIT - Mortgage - NYSE - US
$ 6.9
-1.29 %
$ 376 M
Market Cap
-5.85
P/E
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.[ Read More ]
The intrinsic value of one ACRE stock under the base case scenario is HIDDEN Compared to the current market price of 6.9 USD, Ares Commercial Real Estate Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart ACRE
FINANCIALS
1.1 M
REVENUE
-91.8 M
OPERATING INCOME
-38.9 M
NET INCOME
46.8 M
OPERATING CASH FLOW
127 M
INVESTING CASH FLOW
-205 M
FINANCING CASH FLOW
16.7 M
REVENUE
3.41 M
OPERATING INCOME
-5.88 M
NET INCOME
8.43 M
OPERATING CASH FLOW
122 M
INVESTING CASH FLOW
-128 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Ares Commercial Real Estate Corporation
| Current Assets | 146 M |
| Cash & Short-Term Investments | 110 M |
| Receivables | 35.7 M |
| Other Current Assets | 0 |
| Non-Current Assets | 119 M |
| Long-Term Investments | 28.1 M |
| PP&E | 83.3 M |
| Other Non-Current Assets | 7.35 M |
| Current Liabilities | 105 M |
| Accounts Payable | 2.26 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 102 M |
| Non-Current Liabilities | 1.55 B |
| Long-Term Debt | 1.62 B |
| Other Non-Current Liabilities | -67.7 M |
EFFICIENCY
Earnings Waterfall
Ares Commercial Real Estate Corporation
| Revenue | 1.1 M |
| Cost Of Revenue | 94.3 M |
| Gross Profit | -93.2 M |
| Operating Expenses | 10.3 M |
| Operating Income | -91.8 M |
| Other Expenses | -53 M |
| Net Income | -38.9 M |
RATIOS
-8468.85%
GROSS MARGIN
-8340.15%
OPERATING MARGIN
-3530.15%
NET MARGIN
-6.21%
ROE
-1.70%
ROA
-4.09%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ares Commercial Real Estate Corporation
| Net Income | -38.9 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 3.99 M |
| Change in Working Capital | -19.5 M |
| Others | 81.7 M |
| Free Cash Flow | 46.8 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
1.45%
ACRE Average Price Target
Wall Street Target
7 USD
1.45%
ACRE Highest Price Target
Wall Street Target
7 USD
1.45%
4. DIVIDEND ANALYSIS
3.62%
DIVIDEND YIELD
0.25 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ares Commercial Real Estate Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
256 K USD 2
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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 years ago
Mar 10, 2020
|
Bought 50.3 K USD
|
Donohoe Bryan Patrick
Chief Executive Officer |
+ 3509
|
14.325 USD |
|
9 months ago
Jan 30, 2024
|
Sell 195 K USD
|
Donohoe Bryan Patrick
Chief Executive Officer |
- 18868
|
10.3174 USD |
|
9 months ago
Jan 29, 2024
|
Sell 61.1 K USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary |
- 5890
|
10.3744 USD |
|
1 year ago
Jan 10, 2023
|
Sell 34.4 K USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary |
- 3166
|
10.87 USD |
|
1 year ago
Jan 10, 2023
|
Sell 164 K USD
|
Donohoe Bryan Patrick
Chief Executive Officer |
- 15072
|
10.91 USD |
|
2 years ago
Apr 08, 2022
|
Sell 14.6 K USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary |
- 935
|
15.575 USD |
|
2 years ago
Feb 23, 2022
|
Bought 253 K USD
|
Benjamin William Stephen
Director |
+ 18000
|
14.0511 USD |
|
2 years ago
Jan 18, 2022
|
Sell 21.2 K USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary |
- 1415
|
15.01 USD |
|
2 years ago
Jan 18, 2022
|
Sell 132 K USD
|
Donohoe Bryan Patrick
Chief Executive Officer |
- 8813
|
14.96 USD |
|
4 years ago
Mar 16, 2020
|
Bought 58.1 K USD
|
Arougheti Michael J
Director |
+ 7000
|
8.3 USD |
|
4 years ago
Mar 16, 2020
|
Bought 168 K USD
|
Arougheti Michael J
Director |
+ 17080
|
9.85 USD |
|
4 years ago
Mar 13, 2020
|
Bought 148 K USD
|
Arougheti Michael J
Director |
+ 12920
|
11.48 USD |
|
4 years ago
Mar 12, 2020
|
Bought 230 K USD
|
Arougheti Michael J
Director |
+ 20000
|
11.5 USD |
|
4 years ago
Mar 12, 2020
|
Bought 11.7 K USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary |
+ 1000
|
11.738 USD |
|
4 years ago
Feb 21, 2020
|
Sell 435 K USD
|
Henderson James Alan
Director |
- 25000
|
17.4064 USD |
|
4 years ago
Jan 03, 2020
|
Sell 196 K USD
|
Henderson James Alan
Director |
- 12515
|
15.6864 USD |
|
4 years ago
Dec 05, 2019
|
Sell 155 K USD
|
Henderson James Alan
Director |
- 10000
|
15.4953 USD |
|
4 years ago
Dec 05, 2019
|
Sell 148 K USD
|
Henderson James Alan
Director |
- 9500
|
15.5316 USD |
|
5 years ago
Mar 13, 2019
|
Bought 150 K USD
|
April Rand Scott
Director |
+ 9730
|
15.4158 USD |
|
5 years ago
Mar 06, 2019
|
Bought 50 K USD
|
Benjamin William Stephen
Director |
+ 3300
|
15.1633 USD |
|
5 years ago
Dec 12, 2018
|
Sell 194 K USD
|
Henderson James Alan
President and CEO |
- 13618
|
14.23 USD |
|
6 years ago
Mar 07, 2018
|
Bought 157 K USD
|
Benjamin William Stephen
Director |
+ 12715
|
12.3241 USD |
|
7 years ago
May 10, 2017
|
Bought 130 K USD
|
Rosen Robert L
Interim Co-Chief Exec Officer |
+ 10000
|
13.0365 USD |
|
7 years ago
May 09, 2017
|
Bought 134 K USD
|
Arougheti Michael J
Director |
+ 10278
|
13.07 USD |
|
7 years ago
May 08, 2017
|
Bought 260 K USD
|
Arougheti Michael J
Director |
+ 19722
|
13.2 USD |
|
7 years ago
May 04, 2017
|
Bought 50 K USD
|
SKINNER JAMES E
Director |
+ 3860
|
12.9473 USD |
|
7 years ago
Mar 14, 2017
|
Bought 25 K USD
|
SKINNER JAMES E
Director |
+ 1960
|
12.7793 USD |
|
8 years ago
Sep 02, 2016
|
Sell 40.8 K USD
|
Blakely Caroline
Director |
- 3200
|
12.7513 USD |
|
8 years ago
Sep 14, 2016
|
Bought 73.8 K USD
|
Rosen Robert L
INTERIM CO-CEO |
+ 5989
|
12.33 USD |
|
8 years ago
Sep 13, 2016
|
Bought 49.7 K USD
|
Rosen Robert L
INTERIM CO-CEO |
+ 4011
|
12.3797 USD |
|
8 years ago
Aug 26, 2016
|
Sell 39.9 K USD
|
Blakely Caroline
Director |
- 3200
|
12.46 USD |
|
8 years ago
Aug 25, 2016
|
Bought 25 K USD
|
SKINNER JAMES E
Director |
+ 2000
|
12.5198 USD |
|
9 years ago
May 12, 2015
|
Bought 87 K USD
|
Schuster Todd
Chief Executive Officer |
+ 7500
|
11.6 USD |
|
9 years ago
May 11, 2015
|
Bought 58 K USD
|
Schuster Todd
Chief Executive Officer |
+ 5000
|
11.5951 USD |
|
10 years ago
Aug 21, 2014
|
Bought 62 K USD
|
Schuster Todd
Chief Executive Officer |
+ 5000
|
12.39 USD |
|
10 years ago
Aug 21, 2014
|
Bought 62 K USD
|
Schuster Todd
Chief Executive Officer |
+ 5000
|
12.3906 USD |
|
11 years ago
Aug 28, 2013
|
Bought 122 K USD
|
Schuster Todd
Co-Chief Executive Officer |
+ 10000
|
12.23 USD |
|
11 years ago
Aug 20, 2013
|
Bought 31.1 K USD
|
Schuster Todd
Co-Chief Executive Officer |
+ 2500
|
12.4395 USD |
|
11 years ago
Aug 20, 2013
|
Bought 31 K USD
|
Schuster Todd
Co-Chief Executive Officer |
+ 2500
|
12.4074 USD |
|
11 years ago
Jun 26, 2013
|
Bought 0 USD
|
Joubert Paul G.
Director |
+ 2921
|
0 USD |
|
11 years ago
Jun 26, 2013
|
Bought 0 USD
|
Rosen Robert L
Director |
+ 2921
|
0 USD |
|
11 years ago
Jun 20, 2013
|
Bought 405 K USD
|
Schuster Todd
Co-Chief Executive Officer |
+ 30000
|
13.5 USD |
|
11 years ago
Jun 20, 2013
|
Bought 300 K USD
|
Bartling John
Co-Chief Executive Officer |
+ 22222
|
13.5 USD |
|
11 years ago
Jun 20, 2013
|
Bought 150 K USD
|
WEINER MICHAEL D
Vice Pres. and General Counsel |
+ 11111
|
13.5 USD |
|
11 years ago
Jun 20, 2013
|
Bought 2.02 M USD
|
Arougheti Michael J
Director |
+ 150000
|
13.5 USD |
|
11 years ago
Jun 20, 2013
|
Bought 243 K USD
|
Rosen Robert L
Director |
+ 18000
|
13.5 USD |
|
11 years ago
Jun 20, 2013
|
Bought 270 K USD
|
Joubert Paul G.
Director |
+ 20000
|
13.5 USD |
|
11 years ago
Jun 20, 2013
|
Bought 338 K USD
|
Cohen Bruce R
President and COO |
+ 25000
|
13.5 USD |
|
11 years ago
Jan 10, 2013
|
Bought 224 USD
|
Bryant John Hope
Director |
+ 13.141
|
17.0291 USD |
|
11 years ago
Dec 18, 2012
|
Bought 0 USD
|
ARES INVESTMENTS HOLDINGS LLC
10 percent owner |
+ 0
|
0 USD |
|
11 years ago
Dec 18, 2012
|
Bought 0 USD
|
Schuster Todd
Director |
+ 0
|
0 USD |
|
11 years ago
Dec 18, 2012
|
Bought 0 USD
|
Rosen Robert L
Director |
+ 0
|
0 USD |
|
11 years ago
Dec 18, 2012
|
Bought 0 USD
|
WEINER MICHAEL D
V. P. and General Counsel |
+ 0
|
0 USD |
|
11 years ago
Dec 18, 2012
|
Bought 0 USD
|
Arougheti Michael J
Director |
+ 0
|
0 USD |
|
11 years ago
Dec 18, 2012
|
Bought 0 USD
|
Joubert Paul G.
Director |
+ 0
|
0 USD |
|
12 years ago
Aug 30, 2012
|
Bought 83.4 K USD
|
Cohen Bruce R
President and COO |
+ 5000
|
16.6816 USD |
|
12 years ago
Aug 24, 2012
|
Bought 82.5 K USD
|
Rosen Robert L
Director |
+ 5000
|
16.4949 USD |
|
12 years ago
Aug 21, 2012
|
Bought 72.5 K USD
|
Bartling John
Chief Executive Officer |
+ 4400
|
16.4764 USD |
|
12 years ago
Aug 15, 2012
|
Bought 769 K USD
|
Arougheti Michael J
Director |
+ 46800
|
16.441 USD |
|
12 years ago
Jun 07, 2012
|
Bought 176 K USD
|
Cohen Bruce R
President and COO |
+ 10000
|
17.5582 USD |
|
12 years ago
Jun 08, 2012
|
Bought 53.8 K USD
|
Rosen Robert L
Director |
+ 3100
|
17.349 USD |
|
12 years ago
Jun 07, 2012
|
Bought 33.2 K USD
|
Rosen Robert L
Director |
+ 1900
|
17.5 USD |
|
12 years ago
Jun 06, 2012
|
Bought 67.8 K USD
|
DAVIS RICHARD S
Chief Financial Officer |
+ 4000
|
16.94 USD |
|
12 years ago
Jun 04, 2012
|
Bought 16.5 K USD
|
DAVIS RICHARD S
Chief Financial Officer |
+ 1000
|
16.5 USD |
|
12 years ago
Jun 06, 2012
|
Bought 51.6 K USD
|
Bartling John
Chief Executive Officer |
+ 3034
|
17 USD |
|
12 years ago
Jun 05, 2012
|
Bought 51 K USD
|
Bartling John
Chief Executive Officer |
+ 3033
|
16.7994 USD |
|
12 years ago
Jun 04, 2012
|
Bought 49.7 K USD
|
Bartling John
Chief Executive Officer |
+ 3033
|
16.3968 USD |
|
12 years ago
May 01, 2012
|
Bought 9.25 M USD
|
ARES INVESTMENTS HOLDINGS LLC
10 percent owner |
+ 500000
|
18.5 USD |
7. News
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
seekingalpha.com
- 1 week ago
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
Ares Commercial Real Estate Corporation (ACRE) Q3 2024 Earnings Call Transcript
seekingalpha.com
- 1 week ago
Ares Commercial Real Estate (ACRE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Ares Commercial Real Estate (ACRE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 1 week ago
Ares Commercial Real Estate (ACRE) Lags Q3 Earnings and Revenue Estimates
Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.25 per share a year ago.
zacks.com
- 1 week ago
Ares Commercial Real Estate Corporation Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(5.9) million or $(0.11) per diluted common share and Distributable Earnings(1) of $3.7 million or $0.07 per diluted common share for the third quarter of 2024. “During the third quarter, we continued to make progress on ou.
businesswire.com
- 1 week ago
These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998).
247wallst.com
- 2 weeks ago
Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2024
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, 2024 on November 7, 2024 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 12:00 p.m. Eastern Time to discuss its third quarter ended September 30, 2024 financial results. All interested parties are invited to participate via teleph.
businesswire.com
- 3 weeks ago
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
seekingalpha.com
- 1 month ago
5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
seekingalpha.com
- 1 month ago
The High Yield Desert
I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.
seekingalpha.com
- 1 month ago
Ares Commercial Real Estate: 14% Undercovered Yield, But There Is Hope
Ares Commercial Real Estate reported negative distributable earnings for the second consecutive quarter due to loan sales below book value, impacting profitability and book value. Despite ongoing loan issues, Ares declared a $0.25 per share dividend for 3Q24, reflecting management's confidence in a potential earnings rebound. The stock trades at a 34% discount to book value, suggesting that concerns about dividend cuts are already priced in.
seekingalpha.com
- 2 months ago
Want $13,500? Check Out These High Dividend REIT Stocks
24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital.
247wallst.com
- 2 months ago
8. Profile Summary
Ares Commercial Real Estate Corporation ACRE
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 376 M
Dividend Yield
3.62%
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. Carl G. Drake C.F.A.
Partner & Senior Advisor
Mr. David Roth CFA, J.D.
President, Partner & Co- Head of U.S. Real Estate
Mr. Andrew E. Holm
Partner & Co-Head of U.S. Investments
Mr. William Stephen Benjamin
Partner, Head of Ares Real Estate & Chairman of the Board
Mr. John W. Stilmar
Partner & Co-Head of Public Markets Investor Relations
Mr. Jeffrey Gonzales
Chief Financial Officer & Treasurer
Mr. Tae-Sik Yoon
Partner & Chief Operating Officer
Mr. Bryan Patrick Donohoe
Chief Executive Officer & Director
Mr. A. Wilson Lamont
Partner & Co-Head of European Real Estate Equity