Ares Commercial Real Estate Corp (NYSE: ACRE) on Monday, soared 3.37% from the previous trading day, before settling in for the closing price of $3.56. Within the past 52 weeks, ACRE’s price has moved between $3.35 and $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%. The company achieved an average annual earnings per share of 115.36%. 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
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Ares Commercial Real Estate Corp is 6.99%, while institutional ownership is 42.66%. 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 0.09 per share during the current fiscal year.
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
Ares Commercial Real Estate Corp (ACRE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19. Likewise, its price to free cash flow for the trailing twelve months is 5.68.
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)
Compared to the last year’s volume of 0.65 million, its volume of 1.03 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.61%. Additionally, its Average True Range was 0.23.
During the past 100 days, Ares Commercial Real Estate Corp’s (ACRE) raw stochastic average was set at 7.97%, which indicates a significant decrease from 22.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.43% in the past 14 days, which was higher than the 42.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.83, while its 200-day Moving Average is $6.30. Nevertheless, the first resistance level for the watch stands at $3.75 in the near term. At $3.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.90. If the price goes on to break the first support level at $3.60, it is likely to go to the next support level at $3.51. Should the price break the second support level, the third support level stands at $3.44.
Ares Commercial Real Estate Corp (NYSE: ACRE) Key Stats
Market capitalization of the company is 201.87 million based on 54,857K outstanding shares. Right now, sales total 69,650 K and income totals -34,990 K. The company made 17,510 K in profit during its latest quarter, and -10,670 K in sales during its previous quarter.
