|Bid||10.10 x 1000|
|Ask||10.11 x 1400|
|Day's Range||10.10 - 10.75|
|52 Week Range||10.10 - 16.48|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||9.50|
|Earnings Date||Oct 27, 2022|
|Forward Dividend & Yield||1.32 (11.26%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||15.08|
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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.