Ares Commercial: Another Distribution Cut Highly Probable In 1 Year [Seeking Alpha]
Ares Commercial Real Estate Corporation (ACRE)
Last ares commercial real estate corporation earnings: 2/20 06:00 am
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US:NYSE Investor Relations:
arescre.com
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Source: Seeking Alpha
We examine the current setup and show you why we think another distribution cut is probable. I do much more than just articles at Conservative Income Portfolio: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » In our last coverage of Ares Commercial Real Estate Corporation ( NYSE: ACRE ) we gave it a "Sell" rating. What was unusual about our stance is that we did it in the face of a declining stock. Generally, we tend to move our ratings in the opposite direction of the stock price. As good news gets priced in and stocks move higher, we move from "Buy" to "Hold". Conversely, when stocks tank, we recognize that bad news is possibly getting priced in and move from "Sell" to "Hold", or even to a "Buy". When we wrote about ACRE, it had already dropped 25% from recent highs in a short while. Hence, staring with a "Sell" was unusual. Our rationale though was that the book value would get killed in the months ahead, and it also got a scary rat
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High impacting Ares Commercial Real Estate Corporation news events
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ACRE
News
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2024Accesswire
- Greystone Housing: 9.6% Tax Advantaged Yield, Where We Would Buy [Seeking Alpha]Seeking Alpha
- Ares Commercial Real Estate Co. (NYSE: ACRE) had its price target lowered by analysts at Keefe, Bruyette & Woods from $8.00 to $7.50. They now have a "market perform" rating on the stock.MarketBeat
- Ares Commercial Real Estate Co. (NYSE: ACRE) had its price target lowered by analysts at JPMorgan Chase & Co. from $8.00 to $7.00. They now have a "neutral" rating on the stock.MarketBeat
- I'm Deeply Worried About Ares Commercial Real Estate's 14% Yield (Rating Downgrade) [Seeking Alpha]Seeking Alpha
ACRE
Earnings
- 2/22/24 - Beat
ACRE
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- ACRE's page on the SEC website