Previous 10 | Next 10 |
2023-03-17 09:00:00 ET Summary Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sec...
2023-03-08 08:16:22 ET Ares Commercial Real Estate ( NYSE: ACRE ) stock drifted down 1.3% in Wednesday premarket trading after KBW analyst Jade Rahmani downgraded the mortgage REIT to Market Perform from Outperform on expectations that commercial real estate credit wi...
Summary On March 1, BrightSpire Capital saw one of its largest single-day declines since April 2020 ending 16.6% below its previous close. The impetus for this was a new stock offering prospectus being filed -- though the offering is non-dilutive and represents DigitalBridge selling the...
Summary I share my single largest stock purchase to start March off on the right foot. Ares Commercial Real Estate has a management team that defines "Get rich or die tryin'." You want your investments to be run by a management team with such a laser focus, so you get paid for their...
Summary TPG RE Finance Trust or TRTX is one of a number of commercial mortgage REITs I've been investigating this past year. Recent earnings results caused a double-digit jump in stock price from levels seen last week. But the stock still sports an 11% dividend. Is there still value...
Summary Ares Commercial Real Estate covered its dividend with distributable earnings in 4Q-22. Inflation uptick in 2023 could result in improved dividend coverage. I expect ACRE to pay a $0.02 per share per quarter supplemental dividend in 2023. For further det...
Summary Ares Commercial reported record earnings for FY 2022. Dividends maintained for the 9th consecutive quarter. Stock remains undervalued amid market weakness. For further details see: Ares Commercial Real Estate: Dividends Maintained, Undervaluation Pe...
Summary U.S. equity markets were mixed on a choppy week as investors readjusted expectations for inflation and interest rates following data indicating an uptick in economic activity and persisting price pressures. Posting its first back-to-back weekly declines of the year, the S&P ...
Summary Ares Commercial is a quality commercial mortgage REIT backed by one of the biggest alternative asset managers out there. It's seeing 99% interest collection and is benefitting from higher interest rates. Recent price drop has pushed the dividend yield past 11%, making the st...
Ares Commercial Real Estate Corporation (ACRE) Q4 2022 Earnings Conference Call February 15, 2023 12:00 PM ET Company Participants John Stilmar - Investor Relations Bryan Donohoe - Chief Executive Officer Tae-Sik Yoon - Chief Financial Officer Conference Call Par...
News, Short Squeeze, Breakout and More Instantly...
Ares Commercial Real Estate Corporation Company Name:
ACRE Stock Symbol:
NYSE Market:
Ares Commercial Real Estate Corporation Website:
2024-05-28 22:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
AlloVir Inc. (ALVR) is expected to report $-0.16 for Q1 2024 Inter & Co. Inc. (INTR) is expected to report $0.08 for Q1 2024 Array Technologies Inc. (ARRY) is expected to report $-0.06 for Q1 2024 Sphere 3D Corp. (ANY) is expected to report $-0.23 for Q1 2024 Alpine Immune Sci...
First quarter GAAP net income (loss) of $(12.3) million or $(0.23) per diluted common share and Distributable Earnings (Loss) (1) of $(33.5) million or $(0.62) per diluted common share - Subsequent to three months ended March 31, 2024 - Declared second quarter ...