Ares Commercial Real Estate Corporation (NYSE: ACRE) open the trading on March 15, 2023, with a bit cautious approach as it glided -5.69% to $9.12. During the day, the stock rose to $9.42 and sunk to $8.85 before settling in for the price of $9.67 at the close. Taking a more long-term approach, ACRE posted a 52-week range of $9.29-$16.39.
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It was noted that the giant of the Real Estate sector posted annual sales growth of 12.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -11.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -59.70%. This publicly-traded company’s shares outstanding now amounts to $54.46 million, simultaneously with a float of $51.36 million. The organization now has a market capitalization sitting at $520.39 million. At the time of writing, stock’s 50-day Moving Average stood at $11.40, while the 200-day Moving Average is $12.13.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 2550 workers. For the Profitability, stocks gross margin was +89.28, operating margin was +54.81 and Pretax Margin of +17.51.
Ares Commercial Real Estate Corporation (ACRE) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the REIT – Mortgage industry. Ares Commercial Real Estate Corporation’s current insider ownership accounts for 0.80%, in contrast to 47.40% institutional ownership. According to the most recent insider trade that took place on Jan 10, this organization’s Chief Executive Officer sold 15,072 shares at the rate of 10.91, making the entire transaction reach 164,436 in total value, affecting insider ownership by 157,282. Preceding that transaction, on Jan 10, Company’s Gen. Counsel VP and Secretary sold 3,166 for 10.87, making the whole transaction’s value amount to 34,414. This particular insider is now the holder of 53,865 in total.
Ares Commercial Real Estate Corporation (ACRE) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted $0.01 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.32) by -$0.31. This company achieved a net margin of +17.23 while generating a return on equity of 4.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
Ares Commercial Real Estate Corporation’s EPS decrease for this current 12-month fiscal period is -59.70% and is forecasted to reach 1.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.29% through the next 5 years, which can be compared against the -11.70% growth it accomplished over the previous five years trading on the market.
Ares Commercial Real Estate Corporation (NYSE: ACRE) Trading Performance Indicators
Let’s observe the current performance indicators for Ares Commercial Real Estate Corporation (ACRE). The Stock has managed to achieve an average true range (ATR) of 0.44. Alongside those numbers, its PE Ratio stands at $15.17, and its Beta score is 1.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.01.
In the same vein, ACRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.60, a figure that is expected to reach 0.29 in the next quarter, and analysts are predicting that it will be 1.42 at the market close of one year from today.
Technical Analysis of Ares Commercial Real Estate Corporation (ACRE)
[Ares Commercial Real Estate Corporation, ACRE] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 13.06% While, its Average True Range was 0.48.
Raw Stochastic average of Ares Commercial Real Estate Corporation (ACRE) in the period of the previous 100 days is set at 6.92%, which indicates a major fall in contrast to 9.18% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 37.80% that was lower than 38.06% volatility it exhibited in the past 100-days period.