News stories about Ares Commercial Real Estate Corporation (NYSE:ACRE) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ares Commercial Real Estate Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 45.4187991940942 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several brokerages have issued reports on ACRE. BidaskClub raised shares of Ares Commercial Real Estate Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Zacks Investment Research raised shares of Ares Commercial Real Estate Corporation from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Wednesday, July 26th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $13.75 price objective on shares of Ares Commercial Real Estate Corporation in a research note on Friday, June 9th. Credit Suisse Group reissued a “hold” rating on shares of Ares Commercial Real Estate Corporation in a research note on Friday, August 4th. Finally, JMP Securities raised their price objective on shares of Ares Commercial Real Estate Corporation to $14.00 and gave the stock a “market outperform” rating in a research note on Monday, August 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $14.21.

Shares of Ares Commercial Real Estate Corporation (NYSE:ACRE) traded up 0.23% during trading on Friday, hitting $13.16. 88,628 shares of the stock were exchanged. The company has a market cap of $375.81 million, a price-to-earnings ratio of 9.45 and a beta of 0.69. The stock’s 50 day moving average price is $13.06 and its 200-day moving average price is $13.30. Ares Commercial Real Estate Corporation has a one year low of $12.13 and a one year high of $14.39.

Ares Commercial Real Estate Corporation (NYSE:ACRE) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. Ares Commercial Real Estate Corporation had a net margin of 45.06% and a return on equity of 7.07%. The firm had revenue of $10.40 million for the quarter, compared to analyst estimates of $10.85 million. During the same period in the prior year, the business posted $0.31 EPS. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. On average, analysts predict that Ares Commercial Real Estate Corporation will post $1.05 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.08 annualized dividend and a dividend yield of 8.21%. Ares Commercial Real Estate Corporation’s dividend payout ratio is currently 77.14%.

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Ares Commercial Real Estate Corporation Company Profile

Ares Commercial Real Estate Corporation is a specialty finance company. The Company is primarily engaged in originating and investing in commercial real estate (CRE) loans and related investments. The Company operates through principal lending segment. Its target investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities, including commercial mortgage-backed securities.

Insider Buying and Selling by Quarter for Ares Commercial Real Estate Corporation (NYSE:ACRE)

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