Ares Commercial Real Estate Corporation (ACRE) News
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ACRE News Highlights
- For ACRE, its 30 day story count is now at 12.
- Over the past 18 days, the trend for ACRE's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- The most mentioned tickers in articles about ACRE are ARES and LOAN.
Latest ACRE News From Around the Web
Below are the latest news stories about Ares Commercial Real Estate Corp that investors may wish to consider to help them evaluate ACRE as an investment opportunity.
Northern Trust Corp lifted its stake in shares of Ares Commercial Real Estate Co. (NYSE:ACRE) by 20.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 393,969 shares of the real estate investment trusts stock after purchasing an additional 67,820 shares during the quarter. Northern Trust Corps holdings in Ares Commercial Real Estate were worth 
Zacks Investment Research upgraded shares of Ares Commercial Real Estate (NYSE:ACRE) from a hold rating to a buy rating in a research note published on Tuesday, Zacks.com reports. The firm currently has $18.00 target price on the real estate investment trusts stock. According to Zacks, Ares Commercial Real Estate Corporation is a specialty finance company 
NEW YORK, November 15, 2021--Ares Commercial Real Estate Corporation (the "Company") (NYSE: ACRE) announced today that it has entered into an agreement to increase its existing Term Loan from $60.0 million to $150.0 million, reduce the all-in pricing from LIBOR plus 5.75% to an initial fixed rate of 4.50% and extend the initial maturity to November 2026.
Paloma Partners Management Co decreased its position in Ares Commercial Real Estate Co. (NYSE:ACRE) by 32.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 17,159 shares of the real estate investment trusts stock after selling 8,223 shares during the period. Paloma Partners Management Cos holdings in Ares Commercial Real Estate were worth $252,000 
Ares Commercial Real Estate (NYSE:ACRE) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Wednesday, Zacks.com reports. The brokerage currently has a $18.00 price objective on the real estate investment trust’s stock. Zacks Investment Research‘s price objective indicates a potential upside of 13.42% from the […]
Ares Commercial Real Estate Corporation (ACRE) CEO Bryan Donohoe on Q3 2021 Results - Earnings Call Transcript
Ares Commercial Real Estate Corporation (ACRE) Q3 2021 Earnings Conference Call November 3, 2021 12:00 ET Company Participants Veronica Mayer - Investor Relations Bryan Donohoe - Chief Executive Officer Tae-Sik Yoon - Chief Financial Officer Carl Drake - Investor Relations Conference Call Participants Doug Harter - Credit Suisse Stephen Laws...
Ares Commercial Real Estate (NYSE:ACRE) posted its quarterly earnings data on Tuesday. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts consensus estimates of $0.34 by $0.03, MarketWatch Earnings reports. Ares Commercial Real Estate had a return on equity of 9.36% and a net margin of 70.97%. During the same period 
In addition to our press release and the 10-Q that we filed with the SEC, we have posted an earnings presentation under the Investor Resources section of our website at www.arescre.com. Before we begin, I want to remind everyone that comments made during the course of this conference call and webcast and the accompanying documents contain forward-looking statements and are subject to risks and uncertainties.
Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 8.82% and 2.17%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, November 03, 2021--Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company engaged in originating and investing in commercial real estate assets, reported generally accepted accounting principles ("GAAP") net income of $10.0 million or $0.21 per diluted common share and Distributable Earnings(1) of $17.5 million or $0.37 per diluted common share for the third quarter of 2021.