Ticker
ACRE

Price
12.14
Stock movement down
-0.31 (-2.49%)
Company name
Ares Commercial Real Estate
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT-Mortgage
Market cap
660.93M
Ent value
2.54B
Price/Sales
6.08
Price/Book
0.86
Div yield
10.80%
Div growth
5.71%
Growth years
-
FCF payout
115.07%
Trailing P/E
15.01
Forward P/E
8.61
PEG
-
EPS growth
-
1 year return
-15.52%
3 year return
-10.33%
5 year return
-0.37%
10 year return
-3.56%
Last updated: 2023-02-06

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.31
Dividend yield10.80%
Payout frequency-
Maximum yield31.29%
Average yield10.02%
Minimum yield7.42%
Discount to avg yield7.18%
Upside potential7.74%
Yield as % of max yield34.51%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield10.80%
Current yield distribution23.65%
Yield at 100% (Min)7.42%
Yield at 90%8.21%
Yield at 80%8.45%
Yield at 50% (Median)8.90%
Yield at 20%11.15%
Yield at 10%13.59%
Yield at 0% (Max)31.29%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share1.31
Payout frequency-
Ex-div date29 Dec 2022
EPS (TTM)0.80
EPS (1y forward)1.41
EPS growth (5y)-
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
ACRES&P500
DGR MR6.46%11.59%
DGR TTM-10.54%
DGR 3 years6.92%4.00%
DGR 5 years5.71%5.65%
DGR 10 years-7.37%
DGR 15 years-5.83%
Time since last change announced1449 days
EPS growth (5y)-
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM157.02%115.07%
Average--
Forward92.99%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E15.01
Price to OCF10.99
Price to FCF11.00
Price to EBITDA44.18
EV to EBITDA170.05

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales6.08
Price to Book0.86
EV to Sales23.39

FINANCIALS

Per share

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Per share data
Current share count54.44M
EPS (TTM)0.80
FCF per share (TTM)1.10

Income statement

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Income statement data
Revenue (TTM)108.75M
Gross profit (TTM)106.55M
Operating income (TTM)113.32M
Net income (TTM)44.03M
EPS (TTM)0.80
EPS (1y forward)1.41

Margins

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Margins data
Gross margin (TTM)97.98%
Operating margin (TTM)104.21%
Profit margin (TTM)40.49%

Balance Sheet

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Balance Sheet data
Cash77.30M
Net receivables134.20M
Total current assets2.75B
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets2.73B
Accounts payable1.39M
Short/Current long term debt1.90B
Total current liabilities104.41M
Total liabilities1.96B
Shareholder's equity767.08M
Net tangible assets767.08M

Cash flow

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Cash flow data
Operating cash flow (TTM)60.14M
Capital expenditures (TTM)58.00K
Free cash flow (TTM)60.08M
Dividends paid (TTM)69.13M

Financial returns

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Financial returns data
Return on Equity5.74%
Return on Assets1.61%
Return on Invested Capital1.65%
Cash Return on Invested Capital2.25%

STOCK INFORMATION

Stock chart

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Stock price data
Open12.37
Daily high12.37
Daily low12.08
Daily Volume294K
All-time high18.00
1y analyst estimate13.14
Beta1.41
EPS (TTM)0.80
Dividend per share1.31
Ex-div date29 Dec 2022
Next earnings date15 Feb 2023

Downside potential

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Downside potential data
ACRES&P500
Current price drop from All-time high-32.56%-14.21%
Highest price drop-76.72%-56.47%
Date of highest drop3 Apr 20209 Mar 2009
Avg drop from high-25.63%-11.49%
Avg time to new high904 days13 days
Max time to new high2710 days1805 days
COMPANY DETAILS
ACRE (Ares Commercial Real Estate) company logo
Marketcap
660.93M
Marketcap category
Small-cap
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.
Employees
0
Investor relations
-
SEC filings
CEO
Bryan Donohoe
Country
USA
City
New York
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
NEW YORK, January 27, 2023--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the "Company") today announced the 2022 tax treatment for the Company’s common stock distributions (CUSIP # 04013V-10-...
January 27, 2023
Insiders were net buyers of Ares Commercial Real Estate Corporation's ( NYSE:ACRE ) stock during the past year. That...
January 18, 2023
NEW YORK, January 11, 2023--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the fourth quarter and full year ended December 31, 2022 on Wednesday,...
January 11, 2023
Ares Commercial Real Estate Corp. (NYSE: ACRE) is a mortgage real estate investment trust (mREIT) now going for just 78% of book value. The Atlanta-based mREIT’s market capitalization comes to $586 mi...
December 30, 2022
Ares Commercial Real Estate Corporation ( NYSE:ACRE ) shareholders should be happy to see the share price up 14% in the...
November 14, 2022
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
November 4, 2022
Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 11.43% and 2.12%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for th...
November 2, 2022
NEW YORK, November 02, 2022--Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, rep...
November 2, 2022
Great Ajax (AJX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
October 27, 2022
Ares Commercial Real Estate (ACRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
October 26, 2022
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