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Ares Commercial Real Estate Corp

ACRE.K

Latest Trade

8.73USD

Change

0.71(+8.79%)

Volume

630,020

Today's Range

8.10

 - 

8.84

52 Week Range

2.78

 - 

17.72

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
8.02
Open
8.32
Volume
630,020
3M AVG Volume
17.50
Today's High
8.84
Today's Low
8.10
52 Week High
17.72
52 Week Low
2.78
Shares Out (MIL)
33.44
Market Cap (MIL)
249.14
Forward P/E
8.26
Dividend (Yield %)
17.72

Next Event

Q2 2020 Ares Commercial Real Estate Corp Earnings Release

Latest Developments

More

Ares Commercial Real Estate Corporation Reports Q1 Core Earnings Per Share $0.32

Ares Commercial Real Estate Confirms $0.33 Per Share Q1 2020 Cash Dividend Payable On April 15, 2020

Ares Commercial Real Estate Reports Q4 GAAP Earnings Per Share Of $0.33

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About Ares Commercial Real Estate Corp

Ares Commercial Real Estate Corporation is a specialty finance company. The Company is primarily engaged in originating and investing in commercial real estate (CRE) loans and related investments. The Company operates through principal lending segment. Its target investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities, including commercial mortgage-backed securities. These investments are generally held for investment and are secured, directly or indirectly, by office, multifamily, retail, industrial, lodging, senior-living, self-storage and other commercial real estate properties, or by ownership interests therein. Through the Company's manager, Ares Commercial Real Estate Management LLC, it has investment professionals located across the United States and Europe who directly source loan opportunities for the Company with owners, operators and sponsors of CRE properties.

Industry

Misc. Financial Services

Contact Info

245 Park Ave Fl 42

NEW YORK, NY

10167-0002

United States

+1.212.5153400

http://www.arescre.com/

Executive Leadership

William S. Benjamin

Chairman of the Board

David Roth

President

Bryan Patrick Donohoe

Chief Executive Officer

Tae-Sik Yoon

Chief Financial Officer, Treasurer

Anton Feingold

Vice President, General Counsel, Secretary

Key Stats

2.20 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

0.0K

2018

0.1K

2019

0.1K

2020(E)

0.1K
EPS (USD)

2017

1.090

2018

1.390

2019

1.410

2020(E)

0.902
Price To Earnings (TTM)
16.77
Price To Sales (TTM)
1.70
Price To Book (MRQ)
0.53
Price To Cash Flow (TTM)
20.73
Total Debt To Equity (MRQ)
345.13
LT Debt To Equity (MRQ)
345.13
Return on Investment (TTM)
0.61
Return on Equity (TTM)
0.60

Latest News

Latest News

BRIEF-Ares Commercial Real Estate Reports Q1 GAAP Earnings Per Share $0.33

* ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS FIRST QUARTER 2018 RESULTS

BRIEF-Ares Commercial Real Estate Appoints Edmond Moriarty, III To Its Board

* ARES COMMERCIAL REAL ESTATE CORPORATION APPOINTS EDMOND N. MORIARTY, III TO ITS BOARD OF DIRECTORS

BRIEF-Ares Commercial Real Estate Corporation Reports Q4 Core Earnings Per Share $0.25

* Q4 GAAP EARNINGS PER SHARE $0.22 Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

BRIEF-Ares Commercial Real Estate Appoints William Benjamin As Director And Chairman Of Board

* ARES COMMERCIAL REAL ESTATE CORPORATION ANNOUNCES LEADERSHIP TRANSITION ON ITS BOARD OF DIRECTORS

BRIEF-Ares Commercial Real Estate Corp Closes Record Level Of New Loan Commitments In 2017

* ARES COMMERCIAL REAL ESTATE CORPORATION CLOSES RECORD LEVEL OF NEW LOAN COMMITMENTS IN 2017 AND SIGNIFICANTLY REDUCES ALL-IN PRICING OF SECURED TERM LOAN

BRIEF-Ares Commercial Real Estate Corp Q3 earnings per share $0.39

* Ares commercial real estate corporation reports third quarter 2017 results

BRIEF-Ares Commercial Real Estate Corp Q3 earnings per share $0.39​

* Q3 earnings per share view $0.28 -- Thomson Reuters I/B/E/S Source text: (http://bit.ly/2lCLMJD) Further company coverage:

BRIEF-Ares Commercial Real Estate Corp appoints Jamie Henderson as CEO

* Ares Commercial Real Estate Corporation promotes Jamie Henderson to chief executive officer

BRIEF-Ares Commercial ‍increases size of its board to eight members ​

* Ares Commercial Real Estate Corp says increased size of its board from seven to eight members - SEC filing Source text : (http://bit.ly/2yTmooG) Further company coverage:

BRIEF-Ares Commercial appoints Kirk Sykes to board of directors

* Ares Commercial Real Estate Corporation appoints Kirk Sykes to board of directors Source text for Eikon: Further company coverage:

BRIEF-Ares Commercial Real Estate- Entered into amendment to existing $125 mln bridge loan warehousing credit, security agreement

* Ares Commercial Real Estate Corp - on Oct. 2, unit of co entered into amendment to existing $125 million bridge loan warehousing credit, security agreement

BRIEF-Ares Commercial Real Estate entered into an amendment to its $180 mln Master Repurchase Agreement on Aug 4​

* Ares Commercial Real Estate Corp - on August 4, unit entered into an amendment to its $180.0 million Master Repurchase Agreement - SEC filing

BRIEF-Ares Commercial Q2 earnings per share $0.24

* Ares commercial real estate corporation reports second quarter 2017 results

BRIEF-Ares Commercial Real Estate posts Q2 EPS of $0.24

* Qtrly net interest margin $10.4 million versus $10.5 million - SEC filing Source text (http://bit.ly/2v1DUCA) Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

BRIEF-Ares Commercial Real Estate says final maturity date of BAML facility was extended to May 25, 2021

* Ares commercial real estate- on may 25, unit entered into amendment to its existing $125 million bridge loan warehousing credit and security agreement

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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