Real Estate -
REIT - Mortgage - NYSE - US
$ 5.93
2.07 %
$ 323 M
Market Cap
-5.03
P/E
1. INTRINSIC VALUE
Balance Sheet
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 | 24.6 M |
| Accounts Payable | 2.26 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 22.4 M |
| Non-Current Liabilities | 1.63 B |
| Long-Term Debt | 1.62 B |
| Other Non-Current Liabilities | 12.3 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 | -11.7 M |
| Other Expenses | 27.2 M |
| Net Income | -38.9 M |
RATIOS
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
18.04%
ACRE Average Price Target
Wall Street Target
7 USD
18.04%
ACRE Highest Price Target
Wall Street Target
7 USD
18.04%
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 |
|
11 months ago
Jan 30, 2024
|
Sell 195 K
USD
|
Donohoe Bryan Patrick
Chief Executive Officer
|
- 18868
|
10.3174 USD |
|
11 months ago
Jan 29, 2024
|
Sell 61.1 K
USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary
|
- 5890
|
10.3744 USD |
|
2 years ago
Jan 10, 2023
|
Sell 34.4 K
USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary
|
- 3166
|
10.87 USD |
|
2 years 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 |
|
3 years ago
Jan 18, 2022
|
Sell 21.2 K
USD
|
FEINGOLD ANTON
Gen. Counsel VP and Secretary
|
- 1415
|
15.01 USD |
|
3 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 |
|
5 years ago
Jan 03, 2020
|
Sell 196 K
USD
|
Henderson James Alan
Director
|
- 12515
|
15.6864 USD |
|
5 years ago
Dec 05, 2019
|
Sell 155 K
USD
|
Henderson James Alan
Director
|
- 10000
|
15.4953 USD |
|
5 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 |
|
6 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 |
|
12 years ago
Jan 10, 2013
|
Bought
224 USD
|
Bryant John Hope
Director
|
+ 13.141
|
17.0291 USD |
|
12 years ago
Dec 18, 2012
|
Bought
0 USD
|
ARES INVESTMENTS HOLDINGS LLC
10 percent owner
|
+ 0
|
0 USD |
|
12 years ago
Dec 18, 2012
|
Bought
0 USD
|
Schuster Todd
Director
|
+ 0
|
0 USD |
|
12 years ago
Dec 18, 2012
|
Bought
0 USD
|
Rosen Robert L
Director
|
+ 0
|
0 USD |
|
12 years ago
Dec 18, 2012
|
Bought
0 USD
|
WEINER MICHAEL D
V. P. and General Counsel
|
+ 0
|
0 USD |
|
12 years ago
Dec 18, 2012
|
Bought
0 USD
|
Arougheti Michael J
Director
|
+ 0
|
0 USD |
|
12 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
The More They Drop, The More I Buy
When risks climb, it's important to understand and evaluate them. I collect income on the cheap, from others running away from their fears. Enjoy massive yields from these three picks.
seekingalpha.com
- 2 weeks ago
Ares Commercial: 15% Yield In Danger
ACRE's stock has dropped by 25% since the initial bearish article. ACRE reduced its dividend from 33 cents to 25 cents in February 2024, but distributable earnings continue to come in well below this new level. Despite a slight improvement in Q3, ACRE's base earnings run-rate remains severely impaired.
seekingalpha.com
- 4 weeks ago
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
globenewswire.com
- 1 month ago
Huge Yields, Brief Notes
Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes.
seekingalpha.com
- 1 month ago
Ares Commercial Real Estate: High Yield Is A Red Flag (Downgrade)
Ares Commercial Real Estate failed to cover its dividend with distributable profits in 3Q24, reflecting high dividend adjustment risk and ongoing loan issues. The trust's portfolio has shrunk by 15% due to selling impaired loans, leading to a 72% YoY drop in distributable profits and negative net income. Ares Commercial Real Estate's stock trades at a 32% discount to book value, but the elevated dividend risk necessitates a rating change from 'Buy' to 'Hold.'.
seekingalpha.com
- 1 month ago
Ares Commercial: The 14% Yield Is Likely Not Sustainable
Ares Commercial continues to face problems related to impaired loans in its office segment. The commercial mortgage REIT was forced to increase its CECL reserve in the third-quarter. ACRE realized losses of $0.10 per-share related to loan sales. Even when adjusting for such loan losses, the REIT did not support its dividend with distributable earnings.
seekingalpha.com
- 1 month ago
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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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 months ago
8. Profile
Summary
Ares Commercial Real Estate Corporation ACRE
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 323 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. Tae-Sik Yoon
Partner & Chief Operating Officer
Mr. Jeffrey Gonzales
Chief Financial Officer & Treasurer
Mr. John W. Stilmar
Partner & Co-Head of Public Markets Investor Relations
Mr. Andrew E. Holm
Partner & Co-Head of U.S. Investments
Mr. Carl G. Drake C.F.A.
Partner & Senior Advisor
Mr. Bryan Patrick Donohoe
Chief Executive Officer & Director
Mr. William Stephen Benjamin
Partner, Head of Ares Real Estate & Chairman of the Board
Mr. David Roth CFA, J.D.
President, Partner & Co- Head of U.S. Real Estate
Mr. Anton Feingold
General Counsel, Vice President & Secretary
Mr. A. Wilson Lamont
Partner & Co-Head of European Real Estate Equity