NYSE - Delayed Quote USD

Ares Commercial Real Estate Corporation (ACRE)

6.93 +0.12 (+1.76%)
At close: April 24 at 4:00 PM EDT
6.97 +0.04 (+0.58%)
After hours: April 24 at 6:23 PM EDT

Earnings Estimate

CURRENCY IN USD Current Qtr. (Mar 2024)Next Qtr. (Jun 2024)Current Year (2024)Next Year (2025)
No. of Analysts 6665
Avg. Estimate -0.150.0300.79
Low Estimate -0.71-0.27-0.480.61
High Estimate 0.220.150.640.95
Year Ago EPS -0.12-0.04-0.720

Revenue Estimate

CURRENCY IN USD Current Qtr. (Mar 2024)Next Qtr. (Jun 2024)Current Year (2024)Next Year (2025)
No. of Analysts 6665
Avg. Estimate 17.08M17.4M70.18M69.91M
Low Estimate 12M13M50M54M
High Estimate 25.1M24.3M98.4M75.93M
Year Ago Sales 26.5M24.99M88.96M70.18M
Sales Growth (year/est) -35.50%-30.40%-21.10%-0.40%

Earnings History

CURRENCY IN USD 3/31/2023 6/30/2023 9/30/2023 12/31/2023
EPS Est. 0.230.280.19-0.01
EPS Actual -0.12-0.040.17-0.73
Difference -0.35-0.32-0.02-0.72
Surprise % -152.20%-114.30%-10.50%-7,200.00%

EPS Trend

CURRENCY IN USD Current Qtr. (Mar 2024)Next Qtr. (Jun 2024)Current Year (2024)Next Year (2025)
Current Estimate -0.150.0300.79
7 Days Ago -0.150.0300.79
30 Days Ago -0.110.030.080.8
60 Days Ago 0.260.2611.09
90 Days Ago 0.170.210.831.12

EPS Revisions

CURRENCY IN USD Current Qtr. (Mar 2024)Next Qtr. (Jun 2024)Current Year (2024)Next Year (2025)
Up Last 7 Days --------
Up Last 30 Days 111--
Down Last 7 Days --------
Down Last 30 Days 1111

Growth Estimates

CURRENCY IN USD ACREIndustrySectorS&P 500
Current Qtr. -25.00%----1.50%
Next Qtr. 175.00%----11.40%
Current Year 100.00%----5.20%
Next Year ------13.40%
Next 5 Years (per annum) 2.29%----11.09%
Past 5 Years (per annum) -27.81%------

Research Analysis

Analyst Price Targets

7.00
7.50 Average
6.93 Current
8.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Upgrades & Downgrades

Maintains Keefe, Bruyette & Woods: Market Perform to Market Perform 4/10/2024
Maintains JP Morgan: Neutral to Neutral 4/10/2024
Maintains UBS: Neutral to Neutral 3/20/2024
Downgrade B of A Securities: Buy to Underperform 3/4/2024
Maintains Keefe, Bruyette & Woods: Market Perform to Market Perform 2/26/2024
Maintains JP Morgan: Neutral to Neutral 2/23/2024

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