Ares Commercial Real Estate Corp (ACRE)’s financial ratios: A comprehensive overview

Ares Commercial Real Estate Corp (NYSE: ACRE) closed the day trading at $8.71 up 0.58% from the previous closing price of $8.66. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1163267 shares were traded. ACRE stock price reached its highest trading level at $8.73 during the session, while it also had its lowest trading level at $8.54.

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Ratios:

For a better understanding of ACRE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.11. In the meantime, Its Debt-to-Equity ratio is 2.41 whereas as Long-Term Debt/Eq ratio is at 1.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 06, 2023, initiated with a Neutral rating and assigned the stock a target price of $10.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 30 when Donohoe Bryan Patrick sold 18,868 shares for $10.32 per share. The transaction valued at 194,669 led to the insider holds 197,414 shares of the business.

FEINGOLD ANTON sold 5,890 shares of ACRE for $61,105 on Jan 29. The Gen. Counsel VP and Secretary now owns 68,975 shares after completing the transaction at $10.37 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACRE now has a Market Capitalization of 471.56M. As of this moment, Ares’s Price-to-Earnings (P/E) ratio for their current fiscal year is 140.03, and their Forward P/E ratio for the next fiscal year is 8.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 61.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 16.68.

Stock Price History:

Over the past 52 weeks, ACRE has reached a high of $12.08, while it has fallen to a 52-week low of $7.51. The 50-Day Moving Average of the stock is 10.15, while the 200-Day Moving Average is calculated to be 9.85.

Shares Statistics:

Over the past 3-months, ACRE traded about 2.24 shares per day on average, while over the past 10 days, ACRE traded about 754.39k shares per day. A total of 54.44M shares are outstanding, with a floating share count of 50.79M. Insiders hold about 6.18% of the company’s shares, while institutions hold 41.14% stake in the company. Shares short for ACRE as of Jan 31, 2024 were 2.1M with a Short Ratio of 3.95, compared to 2.22M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.89% and a Short% of Float of 3.96%.

Dividends & Splits

ACRE’s forward annual dividend rate is 1.36 (15.61%), up from 1.32 a year ago. Against a Trailing Annual Dividend Yield of 15.24%, it implies a Forward Annual Dividend Yield of 15.15%. The stock’s 5-year Average Dividend Yield is 11.04.

Earnings Estimates

Current recommendations for the stock of the company come from Alexandria Real Estate Equities analysts. The consensus estimate for the next quarter is $8.71, with high estimates of $1.34 and low estimates of $1.79.

Analysts are recommending an EPS of between $Real Estate and $Technology for the fiscal current year, implying an average EPS of $Real Estate.

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