Ares Commercial Real Estate Corporation (ACRE) News
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ACRE News Highlights
- For ACRE, its 30 day story count is now at 4.
- Over the past 1 days, the trend for ACRE's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- ARES are the most mentioned tickers in articles about ACRE.
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.
Does Ares Commercial Real Estate (ACRE) have what it takes to be a top stock pick for momentum investors? Let's find out.
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), today announced the pricing of an underwritten public offering of 7,000,000 shares of common stock for total estimated gross proceeds of approximately $101.9 million. The Company has also granted the underwriters an option for 30 days to purchase up to an additional 1,050,000 shares of common stock. The offering is expected to close on or about March 17, 2021, subject to customary closing conditions.
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), today announced the launch of an underwritten public offering of 7,000,000 shares of common stock. The Company expects to grant to the underwriters of the offering an option to purchase up to 1,050,000 additional shares of common stock. The Company intends to use all of the net proceeds from the offering for general corporate purposes, including repaying indebtedness and investing in mortgage loans a
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
NEW YORK--(BUSINESS WIRE)--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 $14.4 million or $0.43 per diluted common share and Distributable Earnings(1) of $13.7 million or $0.41 per diluted common share for the fourth quarter of 2020. The Company reported GAAP net income of $21.8 million or $0.66 per dil
NEW YORK, NY / ACCESSWIRE / February 18, 2021 / Ares Commercial Real Estate Corp. (NYSE:ACRE) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 18, 2021 at 12:00 PM Eastern Time.
Shares of Ares Commercial Real (NYSE:ACRE) moved higher by 2.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 10.81% over the past year to $0.41, which beat the estimate of $0.35. Revenue of $21,205,000 decreased by 1.74% from the same period last year, which beat the estimate of $17,760,000. Guidance Earnings guidance hasn't been issued by the company for now. Ares Commercial Real hasn't issued any revenue guidance for the time being. Details Of The Call Date: Feb 18, 2021 View more earnings on ACRE Time: 12:00 PM ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/acre/mediaframe/42699/indexr.html Price Action 52-week high: $17.72 Company's 52-week low was at $2.78 Price action over last quarter: Up 46.40% Company...
Ares Commercial Real Estate (NYSE:ACRE) is scheduled to be announcing its earnings results before the market opens on Thursday, February 18th. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link. Shares of NYSE ACRE opened […]
How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term return earned by the companies in the S&P 500. These stunning figures would seem to demand that mutual funds highlight the importance of dividend income.” So in other words, dividends are pretty important! Of course, right now the average stock on the S&P 500 is only paying about a 2% dividend yield, which isn’t a lot.
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company” or “ACRE”) announced today that the Company, through wholly owned indirect subsidiaries, closed an approximately $667 million commercial real estate collateralized loan obligation (“CRE CLO”). The CRE CLO financed interests in 23 senior loans with an initial advance rate of 81% and an initial weighted average coupon of one-month LIBOR + 1.17%, excluding transaction costs. The CRE CLO is match-term, no