Ares Commercial Real Estate Corp (ACRE)

Sector:
REAL ESTATE
Industry:
REAL ESTATE MANAGEMENT & DEVELOPMENT
SIC:
REAL ESTATE INVESTMENT TRUSTS
CEO:
Bryan Donohoe
Employees:
2,550
245 PARK AVENUE, 42ND FLOOR, NEW YORK, NY 10167
212.515.3400

Ares Commercial Real Estate Corporation provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986.

Data derived from most recent annual or quarterly report
Market Cap 509.482 Million Shares Outstanding54.607 Million Avg 30-day Volume 774.261 Thousand
P/E Ratio69.4525 Dividend Yield11.1111 EPS
Price to Revenue4.7847 Debt to Equity2.3496 EBITDA2.146 Million
Price to Book Value0.6908 Operating Margin0.0 Enterprise Value2.03 Billion
Current Ratio EPS Growth0 Quick Ratio
1 Yr BETA 1.2349 52-week High/Low 12.98 / 7.52 Profit Margin6.8891
Operating Cash Flow Growth-4.471 Altman Z-Score Free Cash Flow to Firm 86.542 Million
View SEC Filings from ACRE instead.

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Funds Holding ACRE (via 13F filings)

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*Please note that if a filer hasn't submitted a 13F filing for a quarter then the filer's shares will be listed as "Sold All"

Mutual Funds Holding ACRE

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Active Schedule 13D and 13G filings

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Recent Filings

Events (8k)

  • 8-K: filed on 2023-05-30:
    Item 5.07: Submission of Matters to a Vote of Security Holders
  • 8-K: filed on 2023-05-02:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2023-02-15:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-12-19:
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    Item 1.01: Entry into a Material Definitive Agreement
    Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-11-02:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-07-29:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-05-27:
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    Item 5.07: Submission of Matters to a Vote of Security Holders
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-05-20:
    Item 1.01: Entry into a Material Definitive Agreement
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-05-04:
    Item 8.01: Other Events
  • 8-K: filed on 2022-05-03:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • Proposed Sales (Form 144)

    Open Market Buys/Sells Last 60 Days

    Open Market Buys (P)

    none

    Open Market Sells (S)

    none

    Exercise Derivative Conversion (M)

    none

    Current/Former Insiders

    Insider Name Type Last Reported Shares Held Last Reported Date Filings in past year

    SKINNER JAMES E

    • Director
    58,800 2023-04-21 1

    BROWNING WILLIAM

    • Director
    46,074 2023-04-21 1

    BLAKELY CAROLINE

    • Director
    52,913 2023-04-21 1

    APRIL RAND SCOTT

    • Director
    60,710 2023-04-21 1

    MORIARTY EDMOND N. III

    • Director
    41,488 2023-04-21 1

    PAREKH REBECCA JAISALI

    • Director
    19,841 2023-04-21 1

    FEINGOLD ANTON GEN. COUNSEL VP AND SECRETARY

    • Officer
    53,865 2023-01-10 2

    DONOHOE BRYAN PATRICK CHIEF EXECUTIVE OFFICER

    • Officer
    157,282 2023-01-10 2

    YOON TAE SIK CFO AND TREASURER

    • Officer
    179,253 2022-12-08 1

    BENJAMIN WILLIAM STEPHEN

    • Director
    36,596 2022-02-23 0

    AROUGHETI MICHAEL J

    • Director
    409,776 2020-03-16 0

    HENDERSON JAMES ALAN

    • Director
    22,401 2020-02-21 0

    ROTH DAVID A PRESIDENT

    • Officer
    0 2019-07-22 0

    SYKES KIRK

    • Director
    11,739 2018-05-14 0

    ROSEN ROBERT L INTERIM CO-CHIEF EXEC OFFICER

    • Officer
    • Director
    66,002 2017-05-10 0

    BRYANT JOHN HOPE

    • Director
    22,270 2016-06-27 0

    JARDINE JOHN CO-CHIEF EXECUTIVE OFFICER

    • Officer
    • Director
    0 2015-08-28 0

    DIAMOND MICHAEL

    • Director
    18,002 2015-06-24 0

    SCHUSTER TODD CHIEF EXECUTIVE OFFICER

    • Officer
    • Director
    21,610 2015-05-11 0

    WHITE W BRETT

    • Director
    10,864 2014-06-24 0

    HINSON JEFFREY T.

    • Director
    10,684 2014-06-24 0

    JOUBERT PAUL G.

    • Director
    30,684 2014-06-24 0

    ARES INVESTMENTS HOLDINGS LLC

    ARES INVESTMENTS LLC

    ARES PARTNERS MANAGEMENT CO LLC

    • 10% Owner
    No longer subject to file 2013-12-23 0

    WEINER MICHAEL D VICE PRES. AND GENERAL COUNSEL

    • Officer
    17,882 2013-12-23 0

    BARTLING JOHN CO-CHIEF EXECUTIVE OFFICER

    • Officer
    • Director
    35,722 2013-06-20 0

    COHEN BRUCE R PRESIDENT AND COO

    • Officer
    40,000 2013-06-20 0

    DAVIS RICHARD S CHIEF FINANCIAL OFFICER

    • Officer
    5,000 2012-06-04 0

    ARES INVESTMENTS HOLDINGS LLC

    • 10% Owner
    1,500,000 2012-04-25 0

    Insider Transactions Last 60 Days

    Reporting Owners Filing Date Trans Date Trans Code Shares Share Price Acquired
    Disposed
    Shares Owned after D/I 10b5 Perf 1d* Perf 5d* Perf 1m* Max Gain Max Gain Days Max Loss Max Loss Days

    SKINNER JAMES E - Director

    2023-04-21 21:21:12 -0400 2023-04-21 A 10,711 a 58,800 direct -5.4398 -1.2731 0.0 1 -5.4398 2

    APRIL RAND SCOTT - Director

    2023-04-21 21:18:16 -0400 2023-04-21 A 10,711 a 11,743 direct -5.4398 -1.2731 0.0 1 -5.4398 2

    BLAKELY CAROLINE - Director

    2023-04-21 21:18:46 -0400 2023-04-21 A 10,711 a 39,905 direct -5.4398 -1.2731 0.0 1 -5.4398 2

    BROWNING WILLIAM - Director

    2023-04-21 21:19:21 -0400 2023-04-21 A 10,711 a 11,743 direct -5.4398 -1.2731 0.0 1 -5.4398 2

    MORIARTY EDMOND N. III - Director

    2023-04-21 21:19:57 -0400 2023-04-21 A 10,711 a 41,488 direct -5.4398 -1.2731 0.0 1 -5.4398 2

    PAREKH REBECCA JAISALI - Director

    2023-04-21 21:20:39 -0400 2023-04-21 A 10,711 a 19,841 direct -5.4398 -1.2731 0.0 1 -5.4398 2

    * -

    Transaction Code Definitions
    Code Definition
    A Grant, award or other acquisition pursuant to Rule 16b-3(d)
    C Conversion of derivative security
    D Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
    E Expiration of short derivative position
    F Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3
    G Bona fide gift
    H Expiration (or cancellation) of long derivative position with value received
    I Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities
    J Other acquisition or disposition
    L Small acquisition under Rule 16a-6
    M Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
    O Exercise of out-of-the-money derivative security
    P Open market or private purchase of non-derivative or derivative security
    S Open market or private sale of non-derivative or derivative security
    U Disposition pursuant to a tender of shares in a change of control transaction
    W Acquisition or disposition by will or the laws of descent and distribution
    X Exercise of in-the-money or at-the-money derivative security
    Z Deposit into or withdrawal from voting trust

    IBR Securities Loan Availability

    Updated throughout the day, this shows the number of shares available to borrow. Data provided by Interactive Brokers

    Security Date/Time Rebate Rate Fee Rate Shares Available
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 22:15:04 UTC 4.4992 0.5608 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 21:45:04 UTC 4.4992 0.5608 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 21:15:03 UTC 4.4992 0.5608 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 20:45:04 UTC 4.4992 0.5608 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 20:15:06 UTC 4.4992 0.5608 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 19:45:04 UTC 4.4992 0.5608 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 19:15:21 UTC 4.4957 0.5643 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 18:45:03 UTC 4.4957 0.5643 550000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 18:15:04 UTC 4.4957 0.5643 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 17:45:03 UTC 4.4957 0.5643 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 17:15:05 UTC 4.4957 0.5643 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 16:45:04 UTC 4.4953 0.5747 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 16:15:04 UTC 4.4953 0.5747 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 15:45:03 UTC 4.4953 0.5747 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 15:15:04 UTC 4.4953 0.5747 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 14:45:04 UTC 4.4953 0.5747 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 14:15:03 UTC 4.4953 0.5747 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 13:45:04 UTC 4.4933 0.5767 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 13:15:04 UTC 4.4933 0.5767 600000
    ARES COMMERCIAL REAL ESTATE ACRE 2023-05-31 12:45:04 UTC 4.4933 0.5767 600000

    Current Active Short Positions

    Holder Issuer Net Short Position Position Date Origin
    RUSSELL INVESTMENT CO- U.S. Small Cap Equity Fund ACRE -14063.0 shares, $-172693.64 2023-01-31 N-PORT

    No recent transactions

    *** To see all congressional transactions (since 2022) for this stock, please use the congressional transaction search page***

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