Wall Street is positive on Ares Commercial Real Estate Corp (ACRE). On average, analysts give ACRE a Buy rating. The average price target is $14.667, which means analysts expect the stock to decrease by -1.37% over the next twelve months.
That average ranking earns ACRE an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver .
Wall Street analysts are rating ACRE a Buy today. Find out what this means to you and get the rest of the rankings on ACRE!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Ares Commercial Real Estate Corp Stock Today?
Ares Commercial Real Estate Corp (ACRE) stock has risen 0.03% while the S&P 500 has fallen -0.41% as of 3:12 PM on Thursday, Jul 15. ACRE is higher by $0.01 from the previous closing price of $14.87 on volume of 353,479 shares. Over the past year the S&P 500 has risen 35.01% while ACRE is higher by 65.22%. ACRE earned $1.62 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.18.
Click Here to get the full Stock Report for Ares Commercial Real Estate Corp stock.
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