Previous Close | 13.81 |
Open | 13.78 |
Bid | 13.42 x 900 |
Ask | 14.00 x 1300 |
Day's Range | 13.71 - 13.89 |
52 Week Range | 11.18 - 16.48 |
Volume | |
Avg. Volume | 827,198 |
Market Cap | 650.505M |
Beta (5Y Monthly) | 1.27 |
PE Ratio (TTM) | 9.39 |
EPS (TTM) | 1.07 |
Earnings Date | Nov 01, 2022 - Nov 07, 2022 |
Forward Dividend & Yield | 1.32 (9.64%) |
Ex-Dividend Date | Jun 29, 2022 |
1y Target Est | 15.40 |
Looking at Ares Commercial Real Estate Corporation's ( NYSE:ACRE ) insider transactions over the last year, we can see...
Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 15.15% and 9.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, July 29, 2022--Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $10.0 million or $0.20 per diluted common share and Distributable Earnings(1) of $19.2 million or $0.38 per diluted common share for the second quarter of 2022.