While Ares Commercial Real Estate Corp has overperformed by 0.26%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ACRE fell by -15.82%, with highs and lows ranging from $11.24 to $7.15, whereas the simple moving average fell by -20.01% in the last 200 days.
On March 04, 2024, BofA Securities Downgraded Ares Commercial Real Estate Corp (NYSE: ACRE) to Underperform. A report published by UBS on December 06, 2023, Initiated its previous ‘Neutral’ rating for ACRE. Wells Fargo Initiated an Equal Weight rating on September 13, 2023, and assigned a price target of $10. Raymond James August 18, 2023d its ‘Outperform’ rating to ‘Mkt Perform’ for ACRE, as published in its report on August 18, 2023. Keefe Bruyette also rated the stock as ‘Mkt Perform’.
Analysis of Ares Commercial Real Estate Corp (ACRE)
With ACRE’s current dividend of $1.32 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -9.60%, showing a negative trend in the upcoming months.
Ares Commercial Real Estate Corp’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -5.66% is sufficient for you to turn a profit off your investment.
The average volume for any stock is also a very valuable indicator of volatility, and ACRE has an average volume of 734.97K. On a monthly basis, the volatility of the stock is set at 3.20%, whereas on a weekly basis, it is put at 2.76%, with a gain of 3.05% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.70, showing decline from the present price of $7.78, which can serve as yet another indication of whether ACRE is worth investing in or should be passed over.
How Do You Analyze Ares Commercial Real Estate Corp Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 6.15%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 43.48% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ACRE shares are owned by institutional investors to the tune of 43.48% at present.
