Ares Commercial Real Estate CorpTechnical Analysis For Stock market Insights & financial analysis - Jonathan Cartu Industrial & Residential Real Estate Firm
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Ares Commercial Real Estate CorpTechnical Analysis For Stock market Insights & financial analysis

Ares Commercial Real Estate CorpTechnical Analysis For Stock market Insights & financial analysis


Earnings results for Ares Commercial Real Estate Corp (NYSE:ACRE)

Ares Commercial Real Estate Corporation is estimated to report earnings on 05/06/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.3. The reported EPS for the same quarter last year was $0.3.

Ares Commercial Real Estate last announced its quarterly earnings data on February 20th, 2020. The real estate investment trust reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $28.54 million for the quarter. Ares Commercial Real Estate has generated $1.34 earnings per share over the last year and currently has a price-to-earnings ratio of 6.2. Ares Commercial Real Estate has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, May 6th, 2020 based off prior year’s report dates.

Analyst Opinion on Ares Commercial Real Estate Corp (NYSE:ACRE)

4 Wall Street analysts have issued ratings and price targets for Ares Commercial Real Estate in the last 12 months. Their average twelve-month price target is $11.63, suggesting that the stock has a possible upside of 47.34%. The high price target for ACRE is $16.50 and the low price target for ACRE is $9.00. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

Ares Commercial Real Estate has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $11.63, Ares Commercial Real Estate has a potential upside of 47.3% from its current price of $7.89. Ares Commercial Real Estate has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Ares Commercial Real Estate Corp (NYSE:ACRE)

Ares Commercial Real Estate is a leading dividend payer. It pays a dividend yield of 18.44%, putting its dividend yield in the top 25% of dividend-paying stocks. Ares Commercial Real Estate has only been increasing its dividend for 4 years. The dividend payout ratio of Ares Commercial Real Estate is 98.51 %. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ares Commercial Real Estate will have a dividend payout ratio of 122.22 % in the coming year. This indicates that Ares Commercial Real Estate may not be able to sustain their current dividend.

Insiders buying/selling: Ares Commercial Real Estate Corp (NYSE:ACRE)

In the past three months, Ares Commercial Real Estate insiders have sold 80.05% more of their company’s stock than they have bought. Specifically, they have bought $241,740.00 in company stock and sold $435,250.00 in company stock. Only 2.19% of the stock of Ares Commercial Real Estate is held by insiders. 54.97% of the stock of Ares Commercial Real Estate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Ares Commercial Real Estate Corp (NYSE:ACRE

Earnings for Ares Commercial Real Estate are expected to grow by 27.06% in the coming year, from $0.85 to $1.08 per share. The P/E ratio of Ares Commercial Real Estate is 6.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.36. The P/E ratio of Ares Commercial Real Estate is 6.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.99. Ares Commercial Real Estate has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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