On Friday, Ares Commercial Real Estate Corp (NYSE: ACRE) was 6.88% up from the session before settling in for the closing price of $4.36. A 52-week range for ACRE has been $3.35 – $7.83.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
When this article was written, the company’s average yearly earnings per share was at 74.58%. With a float of $51.00 million, this company’s outstanding shares have now reached $55.01 million.
Ares Commercial Real Estate Corp (ACRE) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ares Commercial Real Estate Corp stocks. The insider ownership of Ares Commercial Real Estate Corp is 7.28%, while institutional ownership is 43.43%. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.07 earnings per share (EPS) during the time that was less than consensus figure (set at 0.09) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 74.58% per share during the next fiscal year.
Ares Commercial Real Estate Corp (NYSE: ACRE) Trading Performance Indicators
You can see what Ares Commercial Real Estate Corp (ACRE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.81. Likewise, its price to free cash flow for the trailing twelve months is 9.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of Ares Commercial Real Estate Corp (ACRE)
Looking closely at Ares Commercial Real Estate Corp (NYSE: ACRE), its last 5-days average volume was 0.43 million, which is a drop from its year-to-date volume of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 79.50%.
During the past 100 days, Ares Commercial Real Estate Corp’s (ACRE) raw stochastic average was set at 75.50%, which indicates a significant decrease from 97.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.19 in the past 14 days, which was higher than the 0.16 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.64, while its 200-day Moving Average is $5.19. However, in the short run, Ares Commercial Real Estate Corp’s stock first resistance to watch stands at $4.76. Second resistance stands at $4.87. The third major resistance level sits at $5.06. If the price goes on to break the first support level at $4.47, it is likely to go to the next support level at $4.28. Should the price break the second support level, the third support level stands at $4.17.
Ares Commercial Real Estate Corp (NYSE: ACRE) Key Stats
There are 55,005K outstanding shares of the company, which has a market capitalization of 256.35 million. As of now, sales total 69,650 K while income totals -34,990 K. Its latest quarter income was 12,570 K while its last quarter net income were -11,040 K.
