Nothing is Better Than Ares Commercial Real Estate Corp (ACRE) stock at the moment

With 0.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.48 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.35 whereas the lowest price it dropped to was $6.11. The 52-week range on ACRE shows that it touched its highest point at $11.24 and its lowest point at $6.20 during that stretch. It currently has a 1-year price target of $7.00. With its current market cap of 333.80 million, ACRE has annualized dividend of $1.08 while the current yield stands at 17.65%. ACRE paid its most recent dividend on 1727654400, while the ex-dividend date for that was 1735603200. Beta for the stock currently stands at 1.54.

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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 down-trending over the past week, with a drop of -14.64%, but this was down by -14.17% over a month. Three-month performance dropped to -16.96% while six-month performance fell -14.76%. The stock lost -44.06% in the past year, while it has lost -40.93% so far this year. A look at the trailing 12-month EPS for ACRE yields -1.18 with Next year EPS estimates of 0.21. For the next quarter, that number is 0.06. This implies an EPS growth rate of -158.96% for this year and 133.42% for next year.

Float and Shares Shorts:

At present, 54.53 million ACRE shares are outstanding with a float of 50.67 million shares on hand for trading. On 2024-11-29, short shares totaled 1.49 million, which was 273.0 higher than short shares on 1730332800. In addition to Mr. Bryan Patrick Donohoe as the firm’s CEO & Director, Mr. Tae-Sik Yoon serves as its Partner & COO.

Institutional Ownership:

Through their ownership of 0.44285 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 surge 14.38% to reach the target high and rise by 14.38% to reach the target low. Reaching the average price target will result in a growth of 14.38% from current levels.

Analysts have provided yearly estimates in a range of -$0.50403 being high and -$0.69556 being low. For ACRE, this leads to a yearly average estimate of -$0.625. Based on analyst estimates, the high estimate for the next quarter is $0.13 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.09.