|Bid||15.11 x 800|
|Ask||16.00 x 800|
|Day's Range||15.11 - 15.70|
|52 Week Range||5.28 - 16.38|
|Beta (5Y Monthly)||2.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 05, 2021 - May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 30, 2020|
|1y Target Est||16.75|
ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") (formerly, Exantas Capital Corp.; NYSE: XAN) announced today that its Board of Directors declared a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock for the period from January 31, 2021 through and including April 30, 2021 in the amount of $0.5390625 per share. The dividend will be paid on April 30, 2021 to holders of record on April 1, 2021.
ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR", "ACRES Commercial Realty" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and other commercial real estate-related debt investments, today reported results for the three months and year ended December 31, 2020. Effective February 16, 2021, ACR announced a one-for-three reverse common stock split. At the effective time, every three shares of common stock issued and outstanding were automatically combined into one issued and outstanding new share of common stock. Each per share metric reported with these results are on a reverse split adjusted basis. ACR's GAAP net income allocable to common shares was $21.5 million, or $1.95 per share-diluted, during the three months ended December 31, 2020 and its GAAP net loss allocable to common shares was $208.1 million, or $(19.33) per share-diluted, during the year ended December 31, 2020.
NEW YORK, NY / ACCESSWIRE / March 4, 2021 / ACRES Commercial Realty Corp. (NYSE:ACR) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 4, 2021 at 5:00 PM Eastern Time.