Ares Commercial Real Estate Corp (NYSE: ACRE) kicked off on Monday, down -5.94% from the previous trading day, before settling in for the closing price of $4.04. Over the past 52 weeks, ACRE has traded in a range of $3.92-$7.99.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -3.49%. While this was happening, its average annual earnings per share was recorded 115.36%. With a float of $51.02 million, this company’s outstanding shares have now reached $54.54 million.
The extent of productivity of a business whose workforce counts for 3200 workers is very important to gauge. 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 Updates
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 42.67%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 115.36% 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 2.26. Likewise, its price to free cash flow for the trailing twelve months is 5.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.51 in one year’s time.
Technical Analysis of Ares Commercial Real Estate Corp (ACRE)
The latest stats from [Ares Commercial Real Estate Corp, ACRE] show that its last 5-days average volume of 0.83 million was superior to 0.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.77%. 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 1.86%, which indicates a significant decrease from 5.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.20% in the past 14 days, which was lower than the 39.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.04, while its 200-day Moving Average is $6.39. Now, the first resistance to watch is $4.04. This is followed by the second major resistance level at $4.29. The third major resistance level sits at $4.44. If the price goes on to break the first support level at $3.64, it is likely to go to the next support level at $3.49. Assuming the price breaks the second support level, the third support level stands at $3.24.
Ares Commercial Real Estate Corp (NYSE: ACRE) Key Stats
The company with the Market Capitalisation of 208.45 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.
