Ares Commercial Real Estate Corp
General ticker "ACRE" information:
- Sector: Financials
- Industry: Mortgage Real Estate Investment Trusts (REITs)
- Capitalization: $379.1M
Ares Commercial Real Estate Corp does not follow the US Stock Market performance with the rate: -14.2%.
Estimated limits based on current volatility of 3.3%: low 6.11$, high 6.53$
Factors to consider:
- Company pays dividends: last record date 2024-09-30, amount 0.25$ (Y15.65%)
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [5.72$, 9.59$]
- 2024-12-30 to 2025-12-30 estimated range: [6.10$, 9.85$]
Financial Metrics affecting the ACRE estimates:
- Negative: Operating profit margin, % of -98.82 <= 1.03
- Positive: 0.93 < Non-GAAP EPS, $ of 1.07
- Negative: negative Net income
- Positive: Industry earnings per price (median), % of 10.91 > 5.96
Short-term ACRE quotes
Long-term ACRE plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $102.07MM | $175.04MM | $1.10MM |
| Operating Expenses | $40.89MM | $144.78MM | $12.82MM |
| Operating Income | $61.18MM | $30.26MM | $-11.71MM |
| Non-Operating Income | $0.00MM | $0.00MM | $-27.19MM |
| Interest Expense | $50.08MM | $65.99MM | $117.20MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $61.18MM | $30.26MM | $-38.91MM |
| Taxes | $0.72MM | $0.47MM | $-0.04MM |
| Profit(Loss) | $60.46MM | $29.79MM | $-38.87MM |
| Stockholders Equity | $678.63MM | $747.54MM | $625.85MM |
| Inventory | $2.98MM | $6.56MM | $0.00MM |
| Assets | $2,631.84MM | $2,523.00MM | $2,279.78MM |
| Operating Cash Flow | $48.35MM | $57.16MM | $46.79MM |
| Capital expenditure | $0.14MM | $0.00MM | $0.00MM |
| Investing Cash Flow | $-699.68MM | $193.17MM | $127.46MM |
| Financing Cash Flow | $627.17MM | $-159.67MM | $-205.07MM |
| Earnings Per Share* | $1.43 | $0.58 | $-0.72 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.