Ares Commercial Real Estate Corp (NYSE: ACRE) kicked off on Friday, up 3.19% from the previous trading day, before settling in for the closing price of $4.70. Over the past 52 weeks, ACRE has traded in a range of $4.61-$7.99.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Real Estate sector was -3.49%. While this was happening, its average annual earnings per share was recorded 124.70%. With a float of $51.02 million, this company’s outstanding shares have now reached $54.54 million.
Considering the fact that the conglomerate employs 3200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 68.13%, operating margin of 49.53%, and the pretax margin is -54.84%.
Ares Commercial Real Estate Corp (ACRE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of Ares Commercial Real Estate Corp is 6.99%, while institutional ownership is 42.91%. The most recent insider transaction that took place on Jan 31 ’25, was worth 43,263. In this transaction Gen. Counsel VP and Secretary of this company sold 7,615 shares at a rate of $5.68, taking the stock ownership to the 78,360 shares. Before that another transaction happened on Jan 31 ’25, when Company’s CFO and Treasurer sold 4,020 for $5.68, making the entire transaction worth $22,839. This insider now owns 50,751 shares in total.
Ares Commercial Real Estate Corp (ACRE) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 124.70% per share during the next fiscal year.
Ares Commercial Real Estate Corp (NYSE: ACRE) Trading Performance Indicators
Take a look at Ares Commercial Real Estate Corp’s (ACRE) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 7.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.54 in one year’s time.
Technical Analysis of Ares Commercial Real Estate Corp (ACRE)
Compared to the last year’s volume of 0.63 million, its volume of 0.51 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.00%. Additionally, its Average True Range was 0.20.
During the past 100 days, Ares Commercial Real Estate Corp’s (ACRE) raw stochastic average was set at 8.33%, which indicates a significant decrease from 60.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.62% in the past 14 days, which was lower than the 40.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.41, while its 200-day Moving Average is $6.58. Nevertheless, the first resistance level for the watch stands at $4.91 in the near term. At $4.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.09. If the price goes on to break the first support level at $4.73, it is likely to go to the next support level at $4.61. Should the price break the second support level, the third support level stands at $4.55.
Ares Commercial Real Estate Corp (NYSE: ACRE) Key Stats
The company with the Market Capitalisation of 266.06 million has total of 54,857K Shares Outstanding. Its annual sales at the moment are 69,650 K in contrast with the sum of -34,990 K annual income. Company’s last quarter sales were recorded 17,510 K and last quarter income was -10,670 K.
