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XNYSACRE
Market cap309mUSD
Jan 15, Last price  
5.67USD
1D
0.53%
1Q
-14.99%
Jan 2017
-58.70%
IPO
-68.18%
Name

Ares Commercial Real Estate Corp

Chart & Performance

D1W1MN
XNYS:ACRE chart
P/E
—
P/S
280.88
EPS
—
Div Yield, %
24.56%
Shrs. gr., 5y
13.63%
Rev. gr., 5y
-54.31%
Revenues
1m
-98.99%
6,623,00033,775,00063,779,00084,315,00045,107,00046,348,00055,282,00077,259,00078,688,000102,069,000109,046,0001,101,000
Net income
-39m
L
860,00013,766,00024,396,00034,285,00040,336,00030,407,00038,596,00036,991,00021,840,00060,460,00029,785,000-38,867,000
CFO
47m
-18.14%
1,952,00025,444,000-222,914,000275,519,0008,538,00031,272,00039,218,00032,452,00031,762,00048,350,00057,157,00046,789,000
Dividend
Sep 30, 20240.25 USD/sh
Earnings
Feb 20, 2025

Profile

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. It originates senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was incorporated in 2011 and is based in New York, New York.
URL
https://www.arescre.com/
IPO date
Apr 26, 2012
Employees
1,200
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
1,101
-98.99%
109,046
6.84%
Cost of revenue
105,021
62,738
Unusual Expense (Income)
NOPBT
(103,920)
46,308
NOPBT Margin
42.47%
Operating Taxes
(39)
472
Tax Rate
1.02%
NOPAT
(103,881)
45,836
Net income
(38,867)
-230.49%
29,785
-50.74%
Dividends
(75,954)
(71,807)
Dividend yield
13.51%
13.39%
Proceeds from repurchase of equity
(4,600)
106,267
BB yield
0.82%
-19.81%
Debt
Debt current
705,231
Long-term debt
1,564,752
1,031,335
Deferred revenue
1,775,462
Other long-term liabilities
64,558
639,667
Net debt
1,426,233
(696,656)
Cash flow
Cash from operating activities
46,789
57,157
CAPEX
Cash from investing activities
127,460
193,173
Cash from financing activities
(205,068)
(159,667)
FCF
384,184
394,409
Balance
Cash
110,459
2,405,286
Long term investments
28,060
27,936
Excess cash
138,464
2,427,770
Stockholders' equity
(186,335)
1,530,040
Invested Capital
2,441,494
3,369,195
ROIC
1.20%
ROCE
1.48%
EV
Common stock shares outstanding
54,282
52,126
Price
10.36
0.68%
10.29
-29.23%
Market cap
562,361
4.84%
536,379
-13.57%
EV
1,988,594
1,435,011
EBITDA
(103,920)
45,279
EV/EBITDA
31.69
Interest
117,199
65,994
Interest/NOPBT
142.51%