While Ares Commercial Real Estate Corp has overperformed by 1.23%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ACRE fell by -16.30%, with highs and lows ranging from $7.49 to $3.35, whereas the simple moving average jumped by 5.76% in the last 200 days.
On September 20, 2024, Wells Fargo Downgraded Ares Commercial Real Estate Corp (NYSE: ACRE) to Underweight. BofA Securities also Downgraded ACRE shares as ‘Underperform’, setting a target price of $7 on the company’s shares in a report dated March 04, 2024. UBS Initiated an Neutral rating on December 06, 2023, and assigned a price target of $10.50. JMP Securities December 05, 2023d its ‘Mkt Outperform’ rating to ‘Mkt Perform’ for ACRE, as published in its report on December 05, 2023. Wells Fargo’s report from September 13, 2023 suggests a price prediction of $10 for ACRE shares, giving the stock a ‘Equal Weight’ rating. Raymond James also rated the stock as ‘Mkt Perform’.
Analysis of Ares Commercial Real Estate Corp (ACRE)
ACRE currently pays a dividend of $0.70 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -28.82%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Ares Commercial Real Estate Corp’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -1.42% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.29, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 408.54K can be a very valuable indicator of volatility for ACRE stock. On a monthly basis, the volatility of the stock is set at 3.56%, whereas on a weekly basis, it is put at 4.33%, with a loss of -2.57% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.56, showing decline from the present price of $4.93, 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 the fundamentals, you should also consider how many employees own shares in the company. 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 5.98%. 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 44.20% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
