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XNYSACRpD
Market cap122mUSD
Dec 24, Last price  
22.98USD
1D
0.79%
1Q
-2.21%
IPO
-7.93%
Name

Acres Commercial Realty Corp

Chart & Performance

D1W1MN
XNYS:ACRpD chart

Profile

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States. It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial real estate equity and preferred equity investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.
URL
https://www.acresreit.com/
IPO date
Feb 07, 2006
Employees
4
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
80,229
14.60%
70,005
56.04%
44,864
130.24%
Cost of revenue
59,465
41,652
12,517
Unusual Expense (Income)
NOPBT
20,764
28,353
32,347
NOPBT Margin
25.88%
40.50%
72.10%
Operating Taxes
97
336
(42,403)
Tax Rate
0.47%
1.19%
NOPAT
20,667
28,017
74,750
Net income
22,390
110.77%
10,623
-68.68%
33,923
-117.16%
Dividends
(19,422)
(19,422)
(14,350)
Dividend yield
23.57%
26.68%
11.79%
Proceeds from repurchase of equity
(7,410)
(9,328)
2,520,195
BB yield
8.99%
12.82%
-2,070.02%
Debt
Debt current
331,007
71,175
Long-term debt
1,764,752
1,954,423
1,821,498
Deferred revenue
1,935,338
1,836,080
Other long-term liabilities
(3,872,291)
(1,839,520)
Net debt
1,679,755
2,216,102
1,855,625
Cash flow
Cash from operating activities
45,609
32,697
40,592
CAPEX
(741)
(61)
Cash from investing activities
161,315
(232,554)
(390,505)
Cash from financing activities
(219,849)
20,737
566,103
FCF
229,741
(385,340)
257,776
Balance
Cash
83,449
67,780
35,500
Long term investments
1,548
1,548
1,548
Excess cash
80,986
65,828
34,805
Stockholders' equity
(723,755)
(732,888)
802,362
Invested Capital
2,907,434
3,379,585
2,304,242
ROIC
0.66%
0.99%
3.77%
ROCE
0.95%
1.05%
1.38%
EV
Common stock shares outstanding
8,566
8,812
9,763
Price
9.62
16.46%
8.26
-33.76%
12.47
212.53%
Market cap
82,405
13.22%
72,785
-40.22%
121,747
183.49%
EV
1,772,589
2,294,743
3,511,412
EBITDA
25,955
35,844
46,335
EV/EBITDA
68.29
64.02
75.78
Interest
130,791
82,324
61,575
Interest/NOPBT
629.89%
290.35%
190.36%