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Stock impact report

Ares Commercial Real Estate Corporation: Discount Without A Bargain [Seeking Alpha]

Ares Commercial Real Estate Corporation (ACRE) 
Last ares commercial real estate corporation earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: arescre.com
Company Research Source: Seeking Alpha
ACRE trades at a 50% discount to tangible book value, but risks from maturing bank debt and low loan yields outweigh potential upside. The company's focus on portfolio stabilization and safer financing is critical, as further dividend cuts are likely if revenue continues to decline. Given current risks and operational weaknesses, I rate ACRE as a Hold and recommend income investors seek healthier alternatives. Sandwish/iStock via Getty Images Ares Commercial Real Estate Corporation ( ACRE ) is a mortgage REIT that just reported Q3 earnings . While progress has been made on turning around their distressed loans, plenty of work remains to be done, and other This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other Show less Read more
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