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Ares Commercial Real Estate Corporation (ACRE)

NYSE - Nasdaq Real-time price. Currency in USD
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6.66-0.30 (-4.31%)
At close: 04:00PM EDT
6.70 +0.04 (+0.60%)
After hours: 05:42PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 379.37M
Enterprise value N/A
Trailing P/E 10.95
Forward P/E 7.34
PEG ratio (5-yr expected) N/A
Price/sales (ttm)10.94
Price/book (mrq)0.63
Enterprise value/revenue 53.87
Enterprise value/EBITDA N/A

Trading information

Stock price history

Beta (5Y monthly) 1.45
52-week change 3-21.89%
S&P500 52-week change 327.84%
52-week high 311.24
52-week low 36.36
50-day moving average 37.07
200-day moving average 38.99

Share statistics

Avg vol (3-month) 3646.85k
Avg vol (10-day) 3548.02k
Shares outstanding 554.51M
Implied shares outstanding 654.51M
Float 852.4M
% held by insiders 16.85%
% held by institutions 147.94%
Shares short (30 Apr 2024) 42.09M
Short ratio (30 Apr 2024) 43.51
Short % of float (30 Apr 2024) 43.95%
Short % of shares outstanding (30 Apr 2024) 43.84%
Shares short (prior month 28 Mar 2024) 41.77M

Dividends & splits

Forward annual dividend rate 41
Forward annual dividend yield 414.37%
Trailing annual dividend rate 31.24
Trailing annual dividend yield 317.82%
5-year average dividend yield 411.54
Payout ratio 42,266.67%
Dividend date 316 Jul 2024
Ex-dividend date 428 Jun 2024
Last split factor 2N/A
Last split date 3N/A

Financial highlights

Fiscal year

Fiscal year ends 31 Dec 2023
Most-recent quarter (mrq)31 Mar 2024

Profitability

Profit margin -122.34%
Operating margin (ttm)79.12%

Management effectiveness

Return on assets (ttm)-1.97%
Return on equity (ttm)-6.78%

Income statement

Revenue (ttm)36.58M
Revenue per share (ttm)0.67
Quarterly revenue growth (yoy)647.20%
Gross profit (ttm)N/A
EBITDA N/A
Net income avi to common (ttm)-44.75M
Diluted EPS (ttm)-0.83
Quarterly earnings growth (yoy)N/A

Balance sheet

Total cash (mrq)99.52M
Total cash per share (mrq)1.83
Total debt (mrq)1.48B
Total debt/equity (mrq)246.15%
Current ratio (mrq)99.67
Book value per share (mrq)11.05

Cash flow statement

Operating cash flow (ttm)46.91M
Levered free cash flow (ttm)N/A