Ares Commercial Real Estate Corp (NYSE:ACRE) shares, rose in value on Friday, March 28, with the stock price down by -1.67% to the previous day’s close as strong demand from buyers drove the stock to $4.70.
Actively observing the price movement in the last trading, the stock closed the session at $4.78, falling within a range of $4.615 and $4.795. The value of beta (5-year monthly) was 1.627. Referring to stock’s 52-week performance, its high was $7.99, and the low was $4.61. On the whole, ACRE has fluctuated by -1.88% over the past month.
With the market capitalization of Ares Commercial Real Estate Corp currently standing at about $257.83 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11. The company’s Forward Dividend Ratio is 0.75, with its dividend yield at 15.96%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 60.57M, with a low estimate of 14M and a high estimate of 18M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 15.69M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACRE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ACRE currently trading nearly -2.33% and -9.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.68, while the 7-day volatility ratio is showing 2.62% which for the 30-day chart, stands at 3.50%. Furthermore, Ares Commercial Real Estate Corp (ACRE)’s beta value is 1.28, and its average true range (ATR) is 0.16.
A comparison of Ares Commercial Real Estate Corp (ACRE) with its peers suggests the former has fared considerably weaker in the market. ACRE showed an intraday change of -1.67% in last session, and over the past year, it shrunk by -37.33%%.
Data on historical trading for Ares Commercial Real Estate Corp (NYSE:ACRE) indicates that the trading volumes over the past 10 days have averaged 0.51 and over the past 3 months, they’ve averaged 618.70K. According to company’s latest data on outstanding shares, there are 54.54 million shares outstanding.
Nearly 6.99% of Ares Commercial Real Estate Corp’s shares belong to company insiders and institutional investors own 42.79% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.46 million shares as on 2025-03-14, resulting in a short ratio of 2.27. According to the data, the short interest in Ares Commercial Real Estate Corp (ACRE) stood at 274.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.46 million. The stock has fallen by -20.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACRE stock heading into the next quarter.
