Ares Commercial Real Estate Corp (ACRE) Company Profile & Statistics

Ares Commercial Real Estate Corp
ACRE
(NYSE)
N/A
6.86
-0.07 (-1.01%)
in:usd•As of: May 07, 2024 15:59 UTC -4
Open
6.97
High
6.99
Low
6.83

About Ares Commercial Real Estate Corp

CEO

Bryan Donohoe

Headquarters

245 park avenue,42nd floor

new york, ny 10167, united states

Auditor

Ernst & Young LLP

Employees

2,800

Share Holders

174

Website

www.arescre.com

Industry

real estate investment trusts

Sector

finance

Company Overview

Ares Commercial Real Estate Corporation is a specialty finance company focused on originating, investing in and managing middle-market commercial real estate loans and other commercial real estate investments. The Company's financing solutions are comprised of its target investments, which include the following: Transitional senior mortgage loans, Stretch senior mortgage loans, Subordinate debt mortgage loans and Other CRE debt and preferred equity investments. Ares Commercial Real Estate Corporation is based in Chicago, Illinois.

Ares Commercial Real Estate Corp Statistics

Valuation Measures

Market Capitalization ²	373.32M
Enterprise Value	1.88B
Enterprise Value/EBITDA (ttm)	30.19
Price to Earnings Ratio (ttm)	6.92
Price to Book (mrq)	0.60
Price to Sales (ttm)	4.20
Price to Cash (ytd)	7.17

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	60.58%
Profit Margin (ttm)	-54.80%
Return on Equity (ttm)	8.00%
Return on Invested Capital (ttm)	-1.81%
Return on Assets (ttm)	2.29%

Income Statement

Revenue (ttm)	92.93M
Revenue Per Share (ttm)	1.71
Gross Profit (ttm)	0.00
EBITDA (ttm)³	62.27M
Net Income Avi to Common (ttm)	-38.87M
Diluted EPS (ttm)	-0.72

Share Statistics

Beta (5Y Monthly)	1.42
52-Week Change	-4.12%
S&P500 52-Week Change	27.90%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	54.42M
Dividend Yield	14.45%
Float ⁴	52.90M
% Held by Insiders	2.80%
% Held by Institutions	41.34%

Balance Sheet

Total Cash (mrq)	110.46M
Total Cash Per Share (mrq)	2.03
Total Debt (mrq)	1.62B
Total Debt/Equity (mrq)	258.37%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	1.43%
Book Value Per Share (mrq)	11.56

Cash Flow

Operating Cash Flow Per Share (ytd)	0.86
Free Cash Flow (ytd)	46.79M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Ares Commercial Real Estate Corp

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