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Last $11.35 USD
Change Today +0.05 / 0.44%
Volume 63.0K
As of 8:04 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

ares commercial real estate (ACRE) Snapshot

Open
$11.36
Previous Close
$11.30
Day High
$11.40
Day Low
$11.30
52 Week High
06/23/14 - $12.84
52 Week Low
03/27/15 - $10.90
Market Cap
324.4M
Average Volume 10 Days
104.9K
EPS TTM
--
Shares Outstanding
28.6M
EX-Date
03/27/15
P/E TM
--
Dividend
$1.00
Dividend Yield
8.81%
Current Stock Chart for ARES COMMERCIAL REAL ESTATE (ACRE)

ares commercial real estate (ACRE) Related Bloomberg News

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ares commercial real estate (ACRE) Related Businessweek News

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ares commercial real estate (ACRE) Details

Ares Commercial Real Estate Corporation operates as a specialty finance company. The company operates in two segments, Principal Lending and Mortgage Banking. Its target investments include senior commercial mortgage loans, stretch senior mortgage loans, bridge loans, subordinated debt, preferred equity, mezzanine loans, and other commercial real estate investments. The company also originates long-term senior loans collateralized by multifamily and senior-living properties. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ares Commercial Real Estate Management LLC operates as the manager of the company. Ares Commercial Real Estate Corporation was founded in 2011 and is headquartered in Chicago, Illinois.

Founded in 2011

ares commercial real estate (ACRE) Top Compensated Officers

Chief Executive Officer, President, Senior Pa...
Total Annual Compensation: --
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $543.2K
Compensation as of Fiscal Year 2014.

ares commercial real estate (ACRE) Key Developments

Ares Commercial Real Estate Corporation Declares First Quarter Dividend, Payable on April 15, 2015; Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter Ending March 31, 2015 and for the Year Ending December 31, 2015

Ares Commercial Real Estate Corporation announced that its Board of Directors declared a first quarter 2015 dividend of $0.25 per common share payable on April 15, 2015 to common stockholders of record on March 31, 2015. The company announced consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenue of $20,792,000 income from operations before income taxes of $9,842,000, net income attributable to the company of $9,121,000, net income attributable to common stockholders of $8,901,000 and diluted earnings per common share of $0.31. For the year, the company reported total revenue of $65,143,000 income from operations before income taxes of $23,573,000, net income attributable to the company of $24,616,000, net income attributable to common stockholders of $24,396,000 and diluted earnings per common share of $0.85. For the year ending December 31, 2015, the company is estimating net income per diluted common share to be $1.02 to $1.14. For the first quarter ending March 31, 2015, the company is estimating net income per diluted common share to be $0.21 to $0.24 for the quarter.

Ares Commercial Real Estate Corporation to Report Q4, 2014 Results on Mar 05, 2015

Ares Commercial Real Estate Corporation announced that they will report Q4, 2014 results at 10:00 AM, US Eastern Standard Time on Mar 05, 2015

Ares Commercial Real Estate Corporation, Q4 2014 Earnings Call, Mar 05, 2015

Ares Commercial Real Estate Corporation, Q4 2014 Earnings Call, Mar 05, 2015

 

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ACRE:US $11.35 USD +0.05

ACRE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arbor Realty Trust Inc $7.00 USD -0.01
BRT Realty Trust $6.86 USD -0.01
Dynex Capital Inc $7.97 USD -0.05
United Development Funding IV $18.09 USD +0.30
ZAIS Financial Corp $17.41 USD +0.17
View Industry Companies
 

Industry Analysis

ACRE

Industry Average

Valuation ACRE Industry Range
Price/Earnings 13.2x
Price/Sales 4.5x
Price/Book 0.8x
Price/Cash Flow 13.2x
TEV/Sales NM Not Meaningful
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