Ares Commercial Real Estate Corporation (ACRE) Analysts See $0.33 EPS on May, 7

During Q4 2018 the big money sentiment increased to 1.97. That’s change of 0.65, from 2018Q3’s 1.32. 4 investors sold all, 28 reduced holdings as Ares Commercial Real Estate Corporation ratio is positive. 41 grew stakes while 22 funds bought stakes. Funds hold 17.89 million shares thus 2.16% more from 2018Q3’s 17.51 million shares.
Zacks Inv Management holds 0.03% or 85,963 shs in its capital. Cap Management Limited Liability Co accumulated 0.22% or 231,101 shs. Lsv Asset Mgmt invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Yorktown Mngmt And Incorporated has 230,000 shs. Cambridge Inv Research Advsr stated it has 11,840 shs. Moreover, Sterling Capital Limited has 0.01% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE). Hightower Advsr holds 20,218 shs. Strs Ohio stated it has 7,200 shs. Panagora Asset Mngmt has 0% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 14,188 shs. Jpmorgan Chase Com holds 0% or 23,760 shs. Federated Invsts Pa owns 587 shs for 0% of their capital. Advisory Services Net Limited Liability Company holds 100 shs. Thrivent Financial For Lutherans invested in 0.01% or 148,630 shs. The California-based Los Angeles Capital Management & Equity has invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). 24,562 are owned by Price T Rowe Inc Md.

Ares Commercial Real Estate Corporation had 1 sale and 2 insider buys since December 12, 2018. This’s net activity of $6,251. $149,996 worth of Ares Commercial Real Estate Corporation (NYSE:ACRE) was bought by April Rand Scott on Wednesday, March 13. On Wednesday, December 12 Henderson James Alan also sold $193,784 worth of Ares Commercial Real Estate Corporation (NYSE:ACRE).

Ares Commercial Real Estate Corporation (NYSE:ACRE)’s earnings report is expected on May, 7., Faxor reports. Analysts have expectation on stock’s EPS of $0.33. That’s 0.00 % from last year’s $0.33 EPS. This could be $9.42 million profit for ACRE assuming the current $0.33 EPS will become reality. Last quarter $0.37 EPS was reported. Analysts predicts -10.81 % negative EPS growth this quarter. ACRE hit $15.43 during the last trading session after $0.03 change.Ares Commercial Real Estate Corporation has volume of 114,229 shares. Since April 18, 2018 ACRE has risen 23.60% and is uptrending. ACRE outperformed by 19.23% the S&P500.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Ratings Coverage

A total of 4 analysts rate Ares Commercial Real (NYSE:ACRE) as follows: 2 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NYSE:ACRE) has 6 ratings reports on Apr 18, 2019 according to StockzIntelligence. On Wednesday, October 24 the stock has “Neutral” rating by JP Morgan. On Friday, January 11 Raymond James upgraded the shares of ACRE in report to “Strong Buy” rating. On Thursday, February 21 the rating was maintained by BTIG Research with “Buy”. The company rating was maintained by Credit Suisse on Monday, March 11.

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States.The firm is worth $440.58 million. It provides a range of financing solutions for commercial real estate owners and operators.11.43 is the P/E ratio. The firm originates senior mortgage loans, as well as subordinate financings, mezzanine debt, and preferred equity.

For more Ares Commercial Real Estate Corporation (NYSE:ACRE) news published recently go to: Seekingalpha.com, Globenewswire.com, Fool.com, Seekingalpha.com or Prnewswire.com. The titles are as follows: “Ares Commercial boosts securitization by $172.7M – Seeking Alpha” published on January 14, 2019, “Making Dollars & Cents of Chevron’s $50 Billion Acquisition of Anadarko – GlobeNewswire” on April 15, 2019, “A Detailed Look at How Aurora Cannabis Can Produce 700,000 Kilograms a Year – The Motley Fool” with a publish date: March 19, 2019, “Ares Commercial Real Estate declares $0.33 dividend – Seeking Alpha” and the last “Growth in Cannabis Remains Strong in North America as Companies Expand – PRNewswire” with publication date: April 15, 2019.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Analyst Ratings Chart

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