|Bid||8.80 x 2200|
|Ask||9.10 x 900|
|Day's Range||8.78 - 9.08|
|52 Week Range||2.78 - 17.72|
|Beta (5Y Monthly)||1.25|
|PE Ratio (TTM)||24.18|
|Earnings Date||Aug 06, 2020|
|Forward Dividend & Yield||1.32 (14.46%)|
|Ex-Dividend Date||Jun 29, 2020|
|1y Target Est||10.20|
Although lower rates are expected to have reduced Ares Commercial's (ACRE) Q2 interest expenses, debt servicing for its senior loans on hotel properties is expected to have been concerning.
Ares Commercial Real Estate (ACRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ares Commercial Real Estate (ACRE) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.