With 0.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.0 whereas the lowest price it dropped to was $5.86. The 52-week range on ACRE shows that it touched its highest point at $10.53 and its lowest point at $5.77 during that stretch. It currently has a 1-year price target of $7.00. With its current market cap of 324.53 million, ACRE has annualized dividend of $1.00 while the current yield stands at 16.81%. Beta for the stock currently stands at 1.55.
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 -5.71%, but this was down by -15.96% over a month. Three-month performance dropped to -11.19% while six-month performance fell -11.72%. The stock lost -41.89% in the past year, while it has gained 1.02% 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 2024-12-13, short shares totaled 1.7 million, which was 311.99999999999994 higher than short shares on 1731628800. 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 0.44426 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 17.65% to reach the target high and rise by 17.65% to reach the target low. Reaching the average price target will result in a growth of 17.65% 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.
