Ares Commercial Real Estate Cor ACRE

$4.19 +0.04 (0.96%)

Valuation

Market cap
232,465,000
Revenue TTM
$54,830,000
Net income TTM
$-900,000
PE ratio
11.22
Forward PE
10.64
Profit margin
-1.64%
Debt to equity
2.58

Trading

Volume
476,900
Avg volume
415,164
Day's range
$4.12 – $4.21
Shares out
55,481,000
Stochastic %K
22%
Beta
1.16
Analysts
Hold
Price target
$5.30

Price

Company profile

Ares Commercial Real Estate Corporation, a specialty finance company, engages in the originating and investing in commercial real estate (CRE) loans and related investments in the United States. The company provides loan opportunities for the owners, operators, and sponsors of CRE properties. Its investments includes senior mortgage loans, subordinate debt, preferred equity products, mezzanine loans, and other CRE in...

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Ares Commercial Real Estate Corporation, a specialty finance company, engages in the originating and investing in commercial real estate (CRE) loans and related investments in the United States. The company provides loan opportunities for the owners, operators, and sponsors of CRE properties. Its investments includes senior mortgage loans, subordinate debt, preferred equity products, mezzanine loans, and other CRE investments, such as commercial mortgage-backed securities. It 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. Ares Commercial Real Estate Corporation was incorporated in 2011 and is based in New York, New York.

Industry
REIT - Mortgage
Sector
Real Estate
Phone
212 750 7300
Website
https://www.arescre.com
Address
245 Park Avenue, 42nd Floor, New York, United States

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