Ares Commercial: Dividend Cut Highly Probable In 2024 [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
The firm does use lower levels of leverage than some other mortgage REITs in the same line. While it may do better than others, which are more levered, we see the probability of a distribution cut as fairly high and the risks are not worth the reward. 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 » We have covered commercial mortgage REITs previously including Blackstone Mortgage Trust, Inc. ( BXMT ) and Ladder Capital Corp ( LADR ). The general theme there has been that these are rather risky plays and investors might do better by going up the capital stack . Today, we look at Ares Commercial Real Estate Corporation ( NYSE: ACRE ) and whether this might have the right mix to actually support a buy rating on the equity. The Leverage In most cases, we have held rather negative opinions on mortgage REITs. They tend to deliver the poorest returns for all except thos
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ACRE
News
- Commercial Real Estate Distress Rates Continue To Rise And Here's Why... [Seeking Alpha]Seeking Alpha
- 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: Another Distribution Cut Highly Probable In 1 Year [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
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