NYSE:ACR

ACRES Commercial Realty (ACR) Stock Price, News & Analysis

$13.00
-0.50 (-3.70%)
(As of 05/2/2024 ET)
Today's Range
$12.96
$13.45
50-Day Range
$10.43
$14.27
52-Week Range
$6.62
$14.35
Volume
24,666 shs
Average Volume
17,521 shs
Market Capitalization
$99.71 million
P/E Ratio
18.57
Dividend Yield
N/A
Price Target
$15.50

ACRES Commercial Realty MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.2% Upside
$15.50 Price Target
Short Interest
Healthy
0.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.03mentions of ACRES Commercial Realty in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.73%
From $1.94 to $2.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

Finance Sector

586th out of 856 stocks

Real Estate Investment Trusts Industry

118th out of 176 stocks

ACR stock logo

About ACRES Commercial Realty Stock (NYSE:ACR)

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.

ACR Stock Price History

ACR Stock News Headlines

Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Amazon buys 16 acres in Farmington
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
ACRES Commercial Realty (ACR) to Release Earnings on Wednesday
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/02/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
2,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.50
High Stock Price Target
$15.50
Low Stock Price Target
$15.50
Potential Upside/Downside
+19.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$22.39 million
Pretax Margin
24.08%

Debt

Sales & Book Value

Annual Sales
$91.13 million
Cash Flow
$5.31 per share
Book Value
$52.77 per share

Miscellaneous

Free Float
7,395,000
Market Cap
$99.71 million
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Mark Steven Fogel (Age 55)
    President, CEO & Director
  • Mr. Eldron C. Blackwell (Age 45)
    Senior VP, CFO & Treasurer
    Comp: $296.88k
  • Ms. Jaclyn Alyce Jesberger (Age 46)
    Chief Legal Officer, Senior VP & Secretary
    Comp: $217.63k
  • Mr. Kyle K. Brengel (Age 33)
    Vice President of Operations
  • Ms. Linda M. Kilpatrick (Age 51)
    VP, Chief Accounting Officer & Controller
  • Mr. Steven Landgraber
    Senior Vice President of Corporate Finance & Investor Relations Officer
  • Mr. Jeffrey Dean Blomstrom (Age 55)
    Senior Vice President
  • Mr. George Edward Carleton (Age 65)
    Executive Vice President of Resource America
  • Mr. Paul Andrew Hughson J.D. (Age 62)
    Executive VP of Commercial Real Estate Lending Business Division
  • Mr. George E. Carlton
    Head of CMBS Investing

ACR Stock Analysis - Frequently Asked Questions

Should I buy or sell ACRES Commercial Realty stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ACRES Commercial Realty in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ACR shares.
View ACR analyst ratings
or view top-rated stocks.

What is ACRES Commercial Realty's stock price target for 2024?

1 analysts have issued twelve-month target prices for ACRES Commercial Realty's stock. Their ACR share price targets range from $15.50 to $15.50. On average, they expect the company's stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for ACR
or view top-rated stocks among Wall Street analysts.

How have ACR shares performed in 2024?

ACRES Commercial Realty's stock was trading at $9.62 at the beginning of the year. Since then, ACR shares have increased by 35.1% and is now trading at $13.00.
View the best growth stocks for 2024 here
.

Are investors shorting ACRES Commercial Realty?

ACRES Commercial Realty saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 27,500 shares, an increase of 52.8% from the March 31st total of 18,000 shares. Based on an average daily trading volume, of 30,900 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the shares of the company are short sold.
View ACRES Commercial Realty's Short Interest
.

When is ACRES Commercial Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our ACR earnings forecast
.

How were ACRES Commercial Realty's earnings last quarter?

ACRES Commercial Realty Corp. (NYSE:ACR) posted its quarterly earnings results on Wednesday, May, 1st. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.35 by $0.25. The business earned $18.77 million during the quarter, compared to analyst estimates of $13 million. ACRES Commercial Realty had a net margin of 24.57% and a trailing twelve-month return on equity of 8.41%. During the same period in the previous year, the company earned $0.42 EPS.

Who are ACRES Commercial Realty's major shareholders?

ACRES Commercial Realty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Lindbrook Capital LLC (0.19%), Janney Montgomery Scott LLC (0.16%), &PARTNERS (0.13%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David J Bryant, Eagle Point Credit Management and Jaclyn Jesberger.
View institutional ownership trends
.

How do I buy shares of ACRES Commercial Realty?

Shares of ACR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ACR) was last updated on 5/3/2024 by MarketBeat.com Staff

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