ACRE Ares Commercial Real Estate Corp

Price (delayed)

$12.11

Market cap

$659.3M

P/E Ratio

13.16

Dividend/share

$1.32

EPS

$0.92

Enterprise value

$2.51B

Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, ...

Highlights
ACRE's gross profit is up by 26% YoY and by 6% QoQ
The revenue is up by 14% year-on-year
Ares Commercial Real Estate's equity has increased by 14% YoY but it has decreased by 2.4% from the previous quarter
The EPS has decreased by 40% YoY and by 18% from the previous quarter
Ares Commercial Real Estate's net income has decreased by 24% YoY and by 17% QoQ

Key stats

What are the main financial stats of ACRE
Market
Shares outstanding
54.44M
Market cap
$659.3M
Enterprise value
$2.51B
Valuations
Price to earnings (P/E)
13.16
Price to book (P/B)
0.86
Price to sales (P/S)
6.18
EV/EBIT
56.48
EV/EBITDA
56.28
EV/Sales
23.52
Earnings
Revenue
$106.55M
EBIT
$44.37M
EBITDA
$44.52M
Free cash flow
$60.08M
Per share
EPS
$0.92
Free cash flow per share
$1.1
Book value per share
$14.09
Revenue per share
$1.96
TBVPS
$50.12
Balance sheet
Total assets
$2.73B
Total liabilities
$1.96B
Debt
$1.92B
Equity
$767.08M
Working capital
N/A
Liquidity
Debt to equity
2.51
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
41.47
Margins
EBITDA margin
41.8%
Gross margin
90.2%
Net margin
41.3%
Operating margin
67.4%
Efficiency
Return on assets
1.7%
Return on equity
6%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
41.6%
Dividend
Dividend yield
10.9%
DPS
$1.32
Payout ratio
143.5%

ACRE stock price

How has the Ares Commercial Real Estate stock price performed over time
Intraday
-0.82%
1 week
-3.2%
1 month
0.58%
1 year
-19.48%
YTD
-16.71%
QTD
15.89%

Financial performance

How have Ares Commercial Real Estate's revenue and profit performed over time
Revenue
$106.55M
Gross profit
$96.15M
Operating income
$71.79M
Net income
$44.03M
Gross margin
90.2%
Net margin
41.3%
ACRE's net margin is down by 33% year-on-year and by 18% since the previous quarter
The company's operating income rose by 29% YoY and by 6% QoQ
ACRE's gross profit is up by 26% YoY and by 6% QoQ
Ares Commercial Real Estate's net income has decreased by 24% YoY and by 17% QoQ

Growth

What is Ares Commercial Real Estate's growth rate over time

Valuation

What is Ares Commercial Real Estate stock price valuation
P/E
13.16
P/B
0.86
P/S
6.18
EV/EBIT
56.48
EV/EBITDA
56.28
EV/Sales
23.52
The EPS has decreased by 40% YoY and by 18% from the previous quarter
ACRE's P/E is 20% above its last 4 quarters average of 11.0 and 7% above its 5-year quarterly average of 12.3
Ares Commercial Real Estate's equity has increased by 14% YoY but it has decreased by 2.4% from the previous quarter
The P/B is 4.4% lower than the 5-year quarterly average of 0.9 and 4.4% lower than the last 4 quarters average of 0.9
The revenue is up by 14% year-on-year
The price to sales (P/S) is 3% higher than the last 4 quarters average of 6.0

Efficiency

How efficient is Ares Commercial Real Estate business performance
Ares Commercial Real Estate's return on equity has decreased by 38% YoY and by 20% QoQ
Ares Commercial Real Estate's ROIC has decreased by 38% YoY and by 17% from the previous quarter
ACRE's ROA is down by 35% YoY and by 19% QoQ
The ROS has decreased by 34% YoY and by 17% from the previous quarter

Dividends

What is ACRE's dividend history
DPS
$1.32
Dividend yield
10.9%
Payout ratio
143.5%
Recent dividends

Financial health

How did Ares Commercial Real Estate financials performed over time
ACRE's total assets is 39% more than its total liabilities
ACRE's total assets is up by 11% YoY
The company's total liabilities rose by 9% YoY and by 2.6% QoQ
ACRE's debt is 151% greater than its equity
Ares Commercial Real Estate's equity has increased by 14% YoY but it has decreased by 2.4% from the previous quarter
ACRE's debt is up by 9% year-on-year and by 2.5% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.