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Ares Commercial Real Estate Corporation  (ACRE)
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Price: $7.7100 $0.16 2.119%
Day's High: $7.78 Week Perf: 0.78 %
Day's Low: $ 7.50 30 Day Perf: -6.55 %
Volume (M): 1,310 52 Wk High: $ 11.24
Volume (M$): $ 10,099 52 Wk Avg: $9.55
Open: $7.50 52 Wk Low: $7.15



 Market Capitalization (Millions $) 416
 Shares Outstanding (Millions) 54
 Employees 51
 Revenues (TTM) (Millions $) 93
 Net Income (TTM) (Millions $) -39
 Cash Flow (TTM) (Millions $) -31
 Capital Exp. (TTM) (Millions $) 0

Ares Commercial Real Estate Corporation
Ares Commercial Real Estate Corporation (ACRE) is a publicly traded commercial real estate investment trust (REIT) that primarily focuses on originating and investing in a diverse portfolio of commercial real estate debt and other related investments. The company is headquartered in New York City and was founded in 2011.

ACRE specializes in providing flexible and innovative financing solutions to commercial real estate owners and operators. Its portfolio is diversified across different property types, including multi-family, office, retail, hotel, and industrial properties. ACR also invests in various mortgage-backed securities and other real estate-related investments.

The companyes investment strategy is focused on generating attractive risk-adjusted returns through a combination of current income and capital appreciation. ACREes team of experienced real estate investment professionals brings a breadth of knowledge and expertise to the table, allowing the company to identify and pursue the most attractive opportunities in the market.

One of the unique features of ACRE is its ability to offer customized financing solutions to its clients. The company has a range of different lending products, including first mortgages, bridge loans, and mezzanine debt, that can be tailored to meet the specific needs of its borrowers.

ACRE has a strong track record of delivering consistent and reliable returns to its shareholders. As of December 31, 2020, the company had a portfolio of investments with a fair value of approximately $2.2 billion and a net asset value of $1.1 billion. Its dividend yield has remained relatively stable over the past few years, with a current yield of around3%.

In summary, Ares Commercial Real Estate Corporation is a well-established commercial real estate investment trust that offers a range of financing solutions to the market. Its diversified portfolio and experienced team enable the company to deliver consistent and attractive returns to its shareholders.


   Company Address: 245 Park Avenue New York 10167 NY
   Company Phone Number: 750-7300   Stock Exchange / Ticker: NYSE ACRE
   


   

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Ares Commercial Real Estate Corporation Reports Mixed Results for Q4 2023

Published Thu, Feb 22 2024 11:00 AM UTC



In a press release issued recently, Ares Commercial Real Estate Corporation (ACRE), a specialty finance company involved in originating and investing in commercial real estate assets, disclosed its financial performance for the fourth quarter and full year of 2023. The company reported a net loss of $39.4 million, or $0.73 per diluted common share, according to gen...

Ares Commercial Real Estate Corporation

ACRE Reports Deficit in Q4 2023 Financial Results

However, it is important to note that the company's Distributable Earnings, which serves as a key performance metric for Real Estate Investment Trusts, stood at $10.8 million, or $0.20 per diluted common share. This metric provides investors with a clearer picture of the company's operational performance and ability to generate cash flow.
Despite the disappointing financial results for the October to December 31, 2023 period, Ares Commercial Real Estate Corporation remains optimistic about its future prospects. The company is committed to its strategy of originating and investing in commercial real estate assets, which are expected to drive future growth and profitability.

Ares Commercial Real Estate Corporation

ACRE Shatters Expectations with 1600% Surge in Earnings and Unprecedented Revival in Q3 2023

In the fiscal third quarter of 2023, Ares Commercial Real Estate Corporation (NYSE: ACRE) reported a significant increase in earnings per share (EPS) by 1600% to $0.17 per share compared to the same period last year. However, the company experienced a decline in revenue of -12.423% to $23.88 million year on year, which is in contrast to the revenue improvement observed in the rest of the Real Estate Investment Trusts industry.
Compared to the previous quarter, Ares Commercial Real Estate Corporation saw a positive turnaround in EPS from $-0.04 per share. Additionally, revenue decreased by -4.43% from $24.99 million in the prior quarter.

Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation Reports Bigger Loss Compared to Last Year Amid Disappointing Fiscal Period Performance



Ares Commercial Real Estate Corporation recently reported its financial results for the most recent fiscal period. The company experienced a decline in revenue, resulting in a deficit compared to the previous year. This article will provide an overview of the facts presented in the financial results and analyze their implications for the company.
Declining Business Leads to Deficit:
In the most recent fiscal period, Ares Commercial Real Estate Corporation witnessed a decline in revenue. The company's revenue sunk by -0.62%, reaching $24.99 million. This represents a decrease compared to the $26.50 million reported in the preceding reporting period, reflecting a decline of -5.702%. The decline in revenue indicates a slowdown in business activity, contributing to a deficit in the current fiscal period. The deficit per share stood at $-0.04, in stark contrast to the $0.20 per share reported in the same reporting period a year ago.

Ares Commercial Real Estate Corporation

Regardless of Strong revenue Profitability not Reached by the ACRE during the fiscal interval ending March 31 2023

Despite Ares Commercial Real Estate Corporation's (ACRE) revenue increasing by 10.315% to $26.50 million in the most recent fiscal period, the company slipped into a loss of $0.12 per share. This was a result of a decrease of 12.851% in revenue from the prior quarter, where revenue was $30.41 million and earnings per share (EPS) fell from $0.05 per share.
For the financial period ending March 31, 2023, ACRE recorded a net loss of $6.439 million, a significant decline from the net earnings of $16.201 million for the comparable quarter a year earlier. Furthermore, the company's operating earnings fell by 88.65%, totaling $2.294 million, which led to a significant contraction in ACRE's operating margin, falling from 84.1% in Q1 of 2022 to 8.66%.






 

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