Stocks · Real Estate · REIT - Mortgage
Ares Commercial Real Estate Corporation ACRE
$3.83 -1.03% Close, Oct 2, 2026 · NYSE · Market cap $212.5M
Expensive vs sectorHigh risk
Next earnings report: Nov 6, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $98.4M, up 368.2% from a year earlier, accelerating from 209.4% a quarter earlier.
- Operating margin widened to 27.7% from -52.5% a year earlier.
- Net debt is 29.1× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 2%
- FCF growth (TTM, YoY)Bottom 21%
- Revenue growth, 3-year CAGRBottom 8%
- Revenue growth accelerationTop 1%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 40%
- Gross marginTop 24%
- Operating marginTop 45%
- Accruals (lower is better)Bottom 28%
- Net debt / EBITDA (lower is better)Bottom 9%
- Interest coverBottom 18%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 23%
- Free-cash-flow yieldTop 43%
- EBITDA / enterprise valueBottom 18%
- Sales / enterprise valueBottom 11%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 50%
- 6-month returnBottom 19%
- 1-year return vs S&P 500Bottom 37%
- Distance from 52-week highBottom 22%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 6%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyBottom 28%
- Upside to consensus price targetTop 21%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 18%
- Maximum drawdown, 3 yearsBottom 9%
- Beta vs S&P 500 (lower is better)Bottom 18%
- Net debt / EBITDA (lower is better)Bottom 9%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 209.4% | 368.2% | ↑ |
| Gross margin | 119.3% | 71.6% | ↓ |
| Operating margin | -52.5% | 27.7% | ↑ |
| FCF margin | 130.7% | 13.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 368.2% | 209.4% | ↑ | Top 2% |
| Gross margin | 71.6% | 119.3% | ↓ | Top 24% |
| Operating margin | 27.7% | -52.5% | ↑ | Top 45% |
| Net margin | -4.5% | -86.8% | ↑ | — |
| Free-cash-flow margin | 13.4% | 130.7% | ↓ | — |
| Return on invested capital | 3.0% | — | Bottom 40% | |
| Revenue growth, 3-year CAGR | -7.8% | — | Bottom 8% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 3.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -466.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 29.14×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 15.82%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 15.82%
- Share count change, 1 year
- +2.7%
- Share count change, 3-year CAGR
- +1.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +4.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $5.50
- Target vs current price
- +43.6%
- Analysts with a rating
- 14
- Share rating Buy or Strong Buy
- 36%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +224.0% | +8.9% | +8.5% | +7.5% | — |
| May 7, 2026 | -25.0% | -3.3% | -8.8% | -3.3% | -18.6% |
| Feb 10, 2026 | +1400.0% | +11.7% | +2.0% | -1.2% | +2.2% |
| Nov 7, 2025 | +211.1% | +12.7% | +8.5% | +13.6% | +18.7% |
| Aug 5, 2025 | -2450.0% | -8.0% | -8.0% | +3.8% | -0.2% |
| May 7, 2025 | +285.7% | +13.6% | +19.9% | +13.6% | +7.8% |
| Feb 12, 2025 | -350.0% | -12.2% | -16.3% | -21.8% | -20.9% |
| Nov 7, 2024 | -36.4% | +10.2% | +9.7% | +7.6% | -9.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.12 | $0.04 | +224.0% | $14.4M |
| May 7, 2026 | $0.06 | $0.08 | -25.0% | $13.5M |
| Feb 10, 2026 | $0.15 | $0.01 | +1400.0% | $13.2M |
| Nov 7, 2025 | $0.10 | -$0.09 | +211.1% | $16.3M |
| Aug 5, 2025 | -$0.51 | -$0.02 | -2450.0% | -$4.3M |
| May 7, 2025 | $0.13 | -$0.07 | +285.7% | $14.9M |
| Feb 12, 2025 | -$0.15 | $0.06 | -350.0% | $17.5M |
| Nov 7, 2024 | $0.07 | $0.11 | -36.4% | $16.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 17.8× | — | — | — |
| EV / EBITDA | 33.2× | — | — | Bottom 18% |
| EV / Sales | 17.56× | — | — | Bottom 11% |
| Free-cash-flow yield | 6.22% | — | — | Top 43% |
| Earnings yield | -2.00% | — | — | Bottom 23% |
P/E over the past five years
Range 8.6× – 159.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.2%
- 200-day average slope (20 days)
- -1.8%
- Distance from 50-day average
- -14.3%
- Distance from 200-day average
- -20.5%
- RSI (14)
- 24.0
- Relative volume
- 1.25×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 36.4%
- Volatility vs own 5-year history
- 49th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.91
- Correlation with S&P 500
- 0.34
- Current drawdown from 1-year high
- -32.9%
- Maximum drawdown, 3 years
- -68.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 14, 2021 | Apr 16, 2025 | -79.3% | 965 days | Not yet recovered |
| Dec 17, 2020 | Jan 29, 2021 | -13.6% | 28 days | 10 days (Feb 12, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $212.5M
- EPS, diluted (TTM)
- -$0.08
- Revenue (TTM)
- $98.4M
- Dividend yield
- 15.67%
- 52-week range
- $3.75 – $5.89
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $106.0M | $109.0M | $92.9M | $69.7M | $85.3M |
| Gross profit | $87.5M | $109.0M | $92.9M | $69.7M | $49.0M |
| Operating income | $79.7M | $0 | $0 | $31.7M | $61.8M |
| Net income | $60.5M | $29.8M | -$38.9M | -$35.0M | -$902,000 |
| EPS (diluted) | $1.42 | $0.57 | -$0.72 | -$0.64 | -$0.02 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.9M | -$490,000 | $14.9M | -$4.3M | $27.3M | $29.3M | $27.5M | $14.4M |
| Net income | -$5.9M | -$10.7M | $9.3M | -$11.0M | $4.7M | -$3.9M | -$9.6M | $4.4M |
| EPS (diluted) | -$0.11 | -$0.20 | $0.17 | -$0.20 | $0.08 | -$0.07 | -$0.17 | $0.08 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $48.4M | $57.2M | $46.8M | $35.5M | $21.4M |
| Capital expenditure | -$144,000 | $0 | $0 | $0 | -$1.6M |
| Free cash flow | $48.2M | $57.2M | $46.8M | $35.5M | $19.7M |
| Dividends paid | -$58.4M | -$71.8M | -$72.6M | -$59.6M | -$39.0M |
| Net share buybacks | $204.8M | $106.3M | -$4.6M | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $17.6M
- Total assets
- $1.82B
- Total liabilities
- $1.33B
- Total debt
- $1.53B
- Net debt
- $1.52B
- Shareholders’ equity
- $489.2M
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.15 | Oct 15, 2026 |
| Jun 30, 2026 | $0.15 | Jul 15, 2026 |
| Mar 31, 2026 | $0.15 | Apr 15, 2026 |
| Dec 31, 2025 | $0.15 | Jan 15, 2026 |
| Sep 30, 2025 | $0.15 | Oct 15, 2025 |
| Jun 30, 2025 | $0.15 | Jul 15, 2025 |
| Mar 31, 2025 | $0.15 | Apr 15, 2025 |
| Dec 31, 2024 | $0.25 | Jan 15, 2025 |
Short interest
- Shares sold short
- 2,107,644
- Days to cover
- 6.86
- Change vs previous report
- -10.7%
FINRA short interest, settlement date Sep 15, 2026.