Anticipated $0.29 EPS for Ares Commercial Real Estate Corporation (ACRE) on May, 1

April 22, 2018 - By Kevin Carney

Big Money Sentiment decreased to 1.25 in 2017 Q4. It has change of 0.12, from 2017Q3’s 1.37. The ratio dropped due to Ares Commercial Real Estate Corporation positioning: 10 sold and 34 reduced. 21 funds took holdings and 34 increased holdings. Investors holded 17.60 million in 2017Q3 but now own 17.98 million shares or 2.15% more.
Bnp Paribas Arbitrage reported 8,887 shs. Kames Cap Pcl has invested 0.09% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Moreover, Thrivent For Lutherans has 0.01% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 169,360 shs. American Intl Grp Inc Inc accumulated 18,048 shs. Denali Ltd Limited Liability Company, a California-based fund reported 115 shs. Peak6 Invs L P has 0% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 10,346 shs. Atria Ltd Liability Co has invested 0.01% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Rhumbline Advisers has 25,271 shs for 0% of their capital. Yorktown Management And Rech reported 230,000 shs. Millennium Lc invested 0.01% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Jpmorgan Chase And accumulated 55,872 shs or 0% of the stock. Vanguard invested in 0% or 1.25M shs. Schwab Charles Investment Mgmt Inc has invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Morgan Stanley has invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). California State Teachers Retirement owns 42,234 shs for 0% of their capital.

Ares Commercial Real Estate Corporation registered $156,701 net activity with 1 buying transaction and 0 selling transactions since March 7, 2018.

Ares Commercial Real Estate Corporation (NYSE:ACRE) is awaited to announce earnings on May, 1., Zacks reports. Analysts have anticipation on stock’s earnings per share of $0.29. That’s up 20.83 % from last year’s $0.24 earnings per share. If ACRE’s EPS is $0.29 the profit will reach $8.26 million for 10.58 P/E. 16.00 % EPS growth is what analysts predict. $0.25 earnings per share was published for last [previous quarter]. The stock decreased 0.73% or $0.09 during the last trading session, touching $12.27.Ares Commercial Real Estate Corporation has volume of 83,606 shares. Since April 22, 2017 ACRE has declined 5.74% and is downtrending. ACRE underperformed the S&P 500 by 17.29%.

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

In total 2 analysts cover Ares Commercial (NYSE:ACRE). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. 2 are the (NYSE:ACRE)’s analyst reports since January 9, 2018 according to StockzIntelligence Inc. On Tuesday, January 9 FBR Capital maintained Ares Commercial Real Estate Corporation (NYSE:ACRE) with “Buy” rating. On Friday, March 2 the rating was maintained by Keefe Bruyette & Woods with “Hold”.

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 firm is valued at $349.53 million. It provides a range of financing solutions for commercial real estate owners and operators.The P/E ratio is 11.49. The firm originates senior mortgage loans, as well as subordinate financings, mezzanine debt, and preferred equity.

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

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