Ares Commercial Real Estate Corporation

NYSE (USD): Ares Commercial Real Estate Corporation (ACRE)

Last Price

7.12

Today's Change

+0.13 (1.85%)

Day's Change

7.02 - 7.18

Trading Volume

329,096

Overview

Market Cap

388 Million

Shares Outstanding

54 Million

Avg Volume

447,118

Avg Price (50 Days)

6.88

Avg Price (200 Days)

7.19

PE Ratio

-6.03

EPS

-1.18

Earnings Announcement

20-Feb-2025

Previous Close

6.99

Open

7.05

Day's Range

7.02 - 7.185

Year Range

6.25 - 11.24

Trading Volume

335,128

Price Change Highlight

1 Day Change

1.86%

5 Day Change

-0.14%

1 Month Change

7.88%

3 Month Change

5.48%

6 Month Change

3.04%

Ytd Change

-30.47%

1 Year Change

-29.44%

3 Year Change

-55.44%

5 Year Change

-53.46%

10 Year Change

-40.57%

Max Change

-60.44%

News and Blogs
Latest Hottest Following

No result.

Company Profile

Sector: Real Estate - Real Estate

Industry: REIT—Mortgage

Description:

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. It originates senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was incorporated in 2011 and is based in New York, New York.

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