Ares Commercial Real Estate Corp
How the company evolved, year by year. Revenue and debt come from the annual reports — for most companies, the 10-K filings with the SEC since 2009; dividends from the payments themselves.
The bars are a balance on the closing date; the lines are what happened during the year. Revenue above equity is ordinary, not an anomaly — it means the company turns its capital over more than once a year.
Major managers that reported this stock in their latest 13F.
None of the investors we track reported a position in ACRE.
▼ -73.2% over 5Y.
today you would have $516.09▼ -48.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 14 closed years. Each multiple uses that year’s closing price and that year’s reported numbers — not today’s. The range is set by the annual reports on record.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $4.78 | $5.89 | $10.36 | $10.29 | $14.54 | $11.91 | $15.84 | $13.04 | $12.90 | $13.73 | $11.44 | $11.48 | $13.10 | $16.42 | |
| P/E | 12.2x | — | — | — | 18.0x |
Seven formulas applied to what the company reported. None of them predicts a price — each answers what the stock would be worth if its assumption held. The assumption is printed next to every number, because it is the assumption that produces the result.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BRTBRT Apartments Corp. | $14.13 | — | 1.7x | 7.08% | -7.25% | $265.55M |
| REFIChicago Atlantic Real Estate Finance, Inc. | $10.68 | 7.9x | 0.8x | 17.60% | 9.62% | $273.63M |
| RCReady Capital Corp | $1.66 | — | 0.2x | 9.34% | -33.45% | $274.75M |
| NXDTNexpoint Diversified Real Estate Trust |
Ares Commercial Real Estate Corporation, a specialty finance company, engages in the originating and investing in commercial real estate (CRE) loans and related investments in the United States. The company provides loan opportunities for the owners, operators, and sponsors of CRE properties. Its investments includes senior mortgage loans, subordinate debt, preferred equity products, mezzanine loans, and other CRE investments, such as commercial mortgage-backed securities. It 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. Ares Commercial Real Estate Corporation was incorporated in 2011 and is based in New York, New York.
Company description provided by Yahoo Finance.
| 10.3x |
| 18.1x |
| 12.4x |
| 9.7x |
| 12.1x |
| 9.7x |
| 9.5x |
| 13.5x |
| 18.2x |
| 547.3x |
| P/S | 6.4x | 4.8x | 4.6x | 6.1x | 5.3x | 6.7x | 4.8x | 6.8x | 6.8x | 8.0x | 8.7x | 3.8x | 5.1x | 11.7x | 22.6x |
| P/B | 0.9x | 0.5x | 0.6x | 0.9x | 0.8x | 1.0x | 0.8x | 1.2x | 0.9x | 0.9x | 0.9x | 0.8x | 0.8x | 0.9x | 0.9x |
| EPS | -$0.02 | -$0.64 | -$0.72 | $0.57 | $1.42 | $0.66 | $1.28 | $1.35 | $1.07 | $1.41 | $1.20 | $0.85 | $0.72 | $0.03 |
| Dividend yield | 8.73% | 12.55% | 16.98% | 13.13% | 13.61% | 9.63% | 11.08% | 8.33% | 6.75% | 8.37% | 7.57% | 8.74% | 8.71% | 7.63% | 2.25% |
| Payout | 102.94% | — | — | — | 245.01% | 98.83% | 200.64% | 102.94% | 65.19% | 100.93% | 73.76% | 83.33% | 117.65% | 138.89% | 1233.33% |
| Profit margin | 40.58% | -1.64% | -50.24% | -41.83% | 27.88% | 59.23% | 26.41% | 47.88% | 69.82% | 65.61% | 99.47% | 50.72% | 38.19% | 42.98% | 2.77% |
| ROE | 5.36% | -0.18% | -6.48% | -6.21% | 3.98% | 8.91% | 4.62% | 8.68% | 9.07% | 7.25% | 10.71% | 10.58% | 6.11% | 3.39% | 0.11% |
Median, not average: a single year of near-zero profit produces a P/E of 400 and would drag an average on its own. P/E years above 200x are left out, the same cut the fair price uses — so this median matches the “its own history” method below. Price and EPS have no median: they are series that grow.
Dividend growing 0.0% a year against a 10.0% required return, taken from the stock’s beta. The only method anchored on what the company pays rather than what it reports.
Not the average of the seven numbers above. Four of the seven start from the same earnings per share — Graham, Lynch, sector multiples and its own history — so averaging all seven would let one input count four times and drown out the others. Instead each family produces one number, and the fair price is the average of the families that answered. A family with two working formulas contributes their average, not two votes.
1 methods answered, across 1 families.
Every formula reads the same reported statements and they can be wrong together. The margin is room for that.
+28.8% from the average.
These are models, not forecasts, and not investment advice. Change one assumption and the number changes with it — that is a property of valuation, not a defect of this page.
| $5.40 |
| — |
| 0.4x |
| 8.89% |
| -9.12% |
| $286.77M |
| CMTGClaros Mortgage Trust, Inc. | $1.62 | — | 0.2x | — | -35.96% | $228.56M |
| SEGSeaport Entertainment Group Inc. | $23.83 | — | 0.8x | — | -26.18% | $305.25M |