Last $12.03 USD
Change Today -0.10 / -0.82%
Volume 118.8K
ACRE On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

ares commercial real estate (ACRE) Snapshot

Open
$12.08
Previous Close
$12.13
Day High
$12.13
Day Low
$12.00
52 Week High
03/5/14 - $13.90
52 Week Low
01/6/15 - $11.15
Market Cap
344.1M
Average Volume 10 Days
96.3K
EPS TTM
$0.66
Shares Outstanding
28.6M
EX-Date
12/29/14
P/E TM
18.2x
Dividend
$1.00
Dividend Yield
8.31%
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, a specialty finance company, is engaged in principal lending and mortgage banking of commercial real estate (CRE) investments. The company operates in two segments: Principal Lending and Mortgage Banking. It provides flexible financing solutions for commercial real estate owners and operators; and originates, manages, and services a portfolio of commercial real estate (CRE) debt-related investments. The company’s investments include transitional senior mortgage loans; stretch senior mortgage loans; bridge loans; subordinated real estate loans; and other select CRE debt and preferred equity investments. Ares Commercial Real Estate Corporation have elected and qualified to be taxed as a real estate investment trust to the extent that it distribute at least 90% of REIT taxable income under the Internal Revenue Code of 1986. 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: $475.7K
Compensation as of Fiscal Year 2013.

ares commercial real estate (ACRE) Key Developments

Brett White Resigns from Board of Directors and as A Member of the Audit Committee of the Board of Ares Commercial Real Estate Corporation

Ares Commercial Real Estate Corporation announced that on January 22, 2015, Brett White resigned, with immediate effect, from the Board of Directors and as a member of the audit committee of the Board of the company. Mr. White resigned as he prepares for a new role as Executive Chairman at a large real estate services company.

Ares Commercial Real Estate Corporation Presents at 4th Annual Credit Suisse group Mortgage REIT & Specialty Finance Conference, Nov-19-2014

Ares Commercial Real Estate Corporation Presents at 4th Annual Credit Suisse group Mortgage REIT & Specialty Finance Conference, Nov-19-2014 . Venue: Credit Suisse Offices, One Madison Avenue, 12th Floor, New York, NY 10010, United States.

Ares Commercial Real Estate Corporation Provides Earnings Guidance for the Fourth Quarter of 2014

Ares Commercial Real Estate Corporation provided earnings guidance for the fourth quarter of 2014. For the quarter, the company expects net earnings of $0.25 to $0.28 per share.

 

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ACRE:US $12.03 USD -0.10

ACRE Competitors

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Company Last Change
Anworth Mortgage Asset Corp $5.19 USD -0.05
Arbor Realty Trust Inc $6.95 USD -0.05
Dynex Capital Inc $8.37 USD -0.03
Hannon Armstrong Sustainable Infrastructure Capital Inc $13.70 USD -0.23
ZAIS Financial Corp $17.35 USD +0.04
View Industry Companies
 

Industry Analysis

ACRE

Industry Average

Valuation ACRE Industry Range
Price/Earnings 18.5x
Price/Sales 5.4x
Price/Book 0.9x
Price/Cash Flow 18.5x
TEV/Sales NM Not Meaningful
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