Ares Commercial Real Estate

2026-02-22 01:21:07

Ares Commercial Real Estate (ACRE) originates and holds loans against commercial real estate, with $2.3 billion in outstanding loans averaging 8.9% unlevered yields. Despite appearing cheap with a 15.4% forward dividend yield and 0.66 P/B, the author suggests that rising delinquencies and defaults in commercial real estate, possibly exacerbated by the regional banking crisis, could worsen ACRE's financial performance. Investors are advised to remain on the sidelines until the commercial real estate markets stabilize.

2026-02-17 12:57:39

Ares Commercial Real Estate Corporation (ACRE) reported a Q4 2025 GAAP net loss of $4 million (-$0.07 EPS), missing analyst forecasts, but significantly exceeded revenue expectations with $13.22 million. The company's stock rose 7.63% in pre-market trading, reflecting investor optimism for a strong operational performance despite the earnings miss. ACRE continues to focus on resolving high-risk loans, expanding its loan portfolio through co-investment opportunities, and has declared a Q1 2026 dividend of $0.15 per share.

2026-02-12 13:27:23

Ares Commercial Real Estate (ACRE) is rated Hold due to ongoing portfolio repositioning despite sector headwinds. While the company has reduced high-risk loans and office exposure, distributable earnings still fall short of the dividend. ACRE trades at a significant discount to book value, reflecting market uncertainty and a lack of immediate catalysts for improvement in the challenging mREIT sector.

2026-02-11 13:28:00

Ares Commercial Real Estate Corporation (NYSE: ACRE) reported its Q4 2025 earnings, featuring a GAAP net loss of $4 million but distributable earnings of $8 million. The company highlighted significant progress in de-risking its portfolio, including a 30% reduction in office loans since year-end 2024 and active management of risk-rated four and five loans. ACRE also resumed investment activity, closing 13 new loan commitments totaling $486 million, and declared a regular cash dividend of $0.15 per common share for 2026, indicating confidence in future earnings growth.

2026-02-10 18:29:36

Ares Commercial Real Estate Corporation (ACRE) released its Q4 2025 earnings, showing a significant 30% year-over-year reduction in office loan exposure, alongside an increase in residential and industrial investments. Despite a GAAP net loss for the quarter, the stock rose over 12%, reflecting investor confidence in the company's strategic rebalancing efforts. ACRE is also making progress on high-risk loans and maintains a moderate leverage profile, planning to increase its leverage and loan portfolio while leveraging its relationship with Ares Management for institutional opportunities.

2026-02-10 17:28:36

Ares Commercial (ACRE) reported Q4 2025 earnings, highlighting significant progress in balance sheet repositioning, including a 30% reduction in office loans since year-end 2024 and increased new loan commitments. The company declared a $0.15 per common share cash dividend for 2026, reflecting confidence in its earnings potential and strategic focus on resolving remaining high-risk loans and expanding non-office property originations. Management discussed a strategic increase in leverage to support investment and a long-term target of 3.0x debt to equity, while emphasizing a disciplined approach to new originations, prioritizing principal protection and diversification.