Ares Commercial Real Estate Corp’s (NYSE:ACRE) Sentiment is 1.85

Sentiment for Ares Commercial Real Estate Corp (NYSE:ACRE)

Ares Commercial Real Estate Corp (NYSE:ACRE) institutional sentiment decreased to 1.85 in 2019 Q1. Its down -0.12, from 1.97 in 2018Q4. The ratio dropped, as 72 investment managers increased or opened new positions, while 39 sold and decreased holdings in Ares Commercial Real Estate Corp. The investment managers in our partner’s database now have: 18.82 million shares, up from 17.89 million shares in 2018Q4. Also, the number of investment managers holding Ares Commercial Real Estate Corp in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 33 Increased: 39 New Position: 33.

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. The company has market cap of $438.23 million. It provides a range of financing solutions for commercial real estate owners and operators. It has a 11.5 P/E ratio. The firm originates senior mortgage loans, as well as subordinate financings, mezzanine debt, and preferred equity.

The stock increased 0.20% or $0.03 during the last trading session, reaching $15.18. About 233,382 shares traded or 46.99% up from the average. Ares Commercial Real Estate Corporation (NYSE:ACRE) has risen 12.14% since July 14, 2018 and is uptrending. It has outperformed by 7.71% the S&P500.

Analysts await Ares Commercial Real Estate Corporation (NYSE:ACRE) to report earnings on July, 25. They expect $0.32 earnings per share, down 8.57 % or $0.03 from last year’s $0.35 per share. ACRE’s profit will be $9.24M for 11.86 P/E if the $0.32 EPS becomes a reality. After $0.30 actual earnings per share reported by Ares Commercial Real Estate Corporation for the previous quarter, Wall Street now forecasts 6.67 % EPS growth.

Delphi Management Inc Ma holds 1.79% of its portfolio in Ares Commercial Real Estate Corporation for 127,412 shares. Greenwich Investment Management Inc. owns 91,260 shares or 1.49% of their US portfolio. Moreover, Yorktown Management & Research Co Inc has 1.3% invested in the company for 265,000 shares. The Texas-based Beck Capital Management Llc has invested 1.18% in the stock. Bard Associates Inc, a Illinois-based fund reported 128,545 shares.

Since January 1, 0001, it had 2 insider buys, and 0 sales for $200,035 activity.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Ratings Coverage

Ratings analysis reveals 50% of Ares Commercial’s analysts are positive. Out of 2 Wall Street analysts rating Ares Commercial, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $15.5 while the high is $15.5. The stock’s average target of $15.50 is 2.11% above today’s ($15.18) share price. ACRE was included in 6 notes of analysts from February 21, 2019. On Thursday, February 21 the stock rating was maintained by BTIG Research with “Buy”. On Monday, March 11 the stock rating was maintained by Credit Suisse with “Hold”.

More notable recent Ares Commercial Real Estate Corporation (NYSE:ACRE) news were published by: Seekingalpha.com which released: “Apple Hospitality REIT: Why I’m Not Taking A Bite Out Of This Apple – Seeking Alpha” on February 05, 2019, also Benzinga.com with their article: “India Globalization Capital Subsidiary Secures Hemp Cultivation, Harvesting License In Arizona – Benzinga” published on June 14, 2019, Seekingalpha.com published: “Ares Commercial Real Estate declares $0.33 dividend – Seeking Alpha” on February 21, 2019. More interesting news about Ares Commercial Real Estate Corporation (NYSE:ACRE) were released by: Bizjournals.com and their article: “Allen officials approve Monarch City development – Dallas – Dallas Business Journal” published on June 27, 2019 as well as Seekingalpha.com‘s news article titled: “Brandywine Realty Trust: The Cons Outweigh The Pros – Seeking Alpha” with publication date: July 12, 2019.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Ratings Chart

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