News stories about Ares Commercial Real Estate Corporation (NYSE:ACRE) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ares Commercial Real Estate Corporation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.4819636541171 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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

Several analysts have commented on ACRE shares. BidaskClub lowered shares of Ares Commercial Real Estate Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Keefe, Bruyette & Woods set a $14.00 price objective on shares of Ares Commercial Real Estate Corporation and gave the stock a “hold” rating in a report on Thursday, August 17th. JMP Securities restated an “outperform” rating and issued a $14.50 price objective (down from $15.00) on shares of Ares Commercial Real Estate Corporation in a report on Thursday, August 10th. Zacks Investment Research lowered shares of Ares Commercial Real Estate Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Credit Suisse Group restated a “hold” rating on shares of Ares Commercial Real Estate Corporation in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $14.45.

Ares Commercial Real Estate Corporation (NYSE ACRE) traded down 0.45% during trading on Friday, hitting $13.19. 122,675 shares of the stock traded hands. Ares Commercial Real Estate Corporation has a 12 month low of $12.24 and a 12 month high of $14.39. The firm has a market cap of $376.67 million, a PE ratio of 9.47 and a beta of 0.68. The firm has a 50-day moving average price of $13.15 and a 200 day moving average price of $13.24.

Ares Commercial Real Estate Corporation (NYSE:ACRE) last released its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, meeting the Zacks’ 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 the consensus estimate of $10.85 million. During the same period last year, the firm earned $0.31 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. On average, equities analysts forecast that Ares Commercial Real Estate Corporation will post $1.05 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 8.19%. Ares Commercial Real Estate Corporation’s dividend payout ratio is presently 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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