With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.45 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $7.49 whereas the lowest price it dropped to was $7.2618. The 52-week range on ACRE shows that it touched its highest point at $11.24 and its lowest point at $6.25 during that stretch. It currently has a 1-year price target of $7.00. With its current market cap of 401.46 million, ACRE has annualized dividend of $1.08 while the current yield stands at 14.81%. Beta for the stock currently stands at 1.52.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ACRE was up-trending over the past week, with a rise of 2.68%, but this was up by 13.73% over a month. Three-month performance surged to 2.10% while six-month performance rose 7.36%. The stock lost -26.21% in the past year, while it has lost -29.63% so far this year. A look at the trailing 12-month EPS for ACRE yields -1.18 with Next year EPS estimates of 0.23. For the next quarter, that number is 0.06. This implies an EPS growth rate of -159.20% for this year and 136.91% for next year.
Float and Shares Shorts:
At present, 54.15 million ACRE shares are outstanding with a float of 50.82 million shares on hand for trading. On 2024-11-15, short shares totaled 1.63 million, which was 298.0 higher than short shares on 1728950400. In addition to Mr. Tae-Sik Yoon as the firm’s Partner & COO, Mr. Anton Feingold serves as its General Counsel, VP & Secretary.
Institutional Ownership:
Through their ownership of 0.44404 of ACRE’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ACRE since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ACRE analysts setting a high price target of 7.0 and a low target of 7.0, the average target price over the next 12 months is 7.0. Based on these targets, ACRE could drop -3.98% to reach the target high and fall by -3.98% to reach the target low. Reaching the average price target will result in a decline of -3.98% from current levels.
Analysts have provided yearly estimates in a range of -$0.50605 being high and -$0.69835 being low. For ACRE, this leads to a yearly average estimate of -$0.6275. The surprise factor in the prior quarter was -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.13 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.08.
