Ares Commercial Real Estate Corporation (NYSE:ACRE) reported earnings of $0.24 per share meeting Walls Streets expectations.

ME Staff
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Ares Commercial Real Estate Corporation (NYSE:ACRE) reported Q2 2017 earnings this Morning, coming in at $0.24 per share, in-line Wall Street’s estimates of $0.24 per Share. Revenue for the quarter came in at $10.40 million missing the streets estimates of $10.85 million

Analyst Coverage For Ares Commercial Real Estate Corporation (NYSE:ACRE)
These are 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings .
The current consensus rating for Ares Commercial Real Estate Corporation (NYSE:ACRE) is Hold (Score: 2.33) with a consensus target price of $13.90 , a potential (7.92% upside)

Recent Insider Trading for Ares Commercial Real Estate Corporation (NYSE:ACRE)

  • On 5/10/2017 Robert L Rosen, Insider, bought 10,000 with an average share price of $13.04 per share and the total transaction amounting to $130,400.00.
  • On 5/9/2017 Michael J Arougheti, Director, bought 30,000 with an average share price of $13.16 per share and the total transaction amounting to $394,800.00.
  • On 5/8/2017 Michael J Arougheti, Director, bought 19,722 with an average share price of $13.20 per share and the total transaction amounting to $260,330.40.
  • On 5/4/2017 James E Skinner, Director, bought 3,860 with an average share price of $12.95 per share and the total transaction amounting to $49,987.00.
  • On 3/14/2017 James E Skinner, Director, bought 1,960 with an average share price of $12.78 per share and the total transaction amounting to $25,048.80.
  • On 9/14/2016 Robert L Rosen, CEO, bought 10,000 with an average share price of $12.35 per share and the total transaction amounting to $123,500.00.



Dividend History for Ares Commercial Real Estate Corporation (NYSE:ACRE)

  • On 5/2/2017 announced a quarterly dividend of $0.27 8.24% with an ex dividend date of 6/28/2017 which will be payable on 6/30/2017.
  • On 3/8/2017 announced a quarterly dividend of $0.27 8.23% with an ex dividend date of 3/29/2017 which will be payable on 3/31/2017.
  • On 11/3/2016 announced a quarterly dividend of $0.26 8.29% with an ex dividend date of 12/28/2016 which will be payable on 12/30/2016.
  • On 8/4/2016 announced a quarterly dividend of $0.26 8.13% with an ex dividend date of 9/28/2016 which will be payable on 9/30/2016.
  • On 5/6/2016 announced a quarterly dividend of $0.26 8.98% with an ex dividend date of 6/28/2016 which will be payable on 6/30/2016.
  • On 3/2/2016 announced a quarterly dividend of $0.26 10.26% with an ex dividend date of 3/29/2016 which will be payable on 3/31/2016.
  • On 11/6/2015 announced a quarterly dividend of $0.25 7.93% with an ex dividend date of 12/29/2015 which will be payable on 12/31/2015.



Recent Trading for Ares Commercial Real Estate Corporation (NYSE:ACRE)
Shares of Ares Commercial Real Estate Corporation closed the previous trading session at 13.00 up +0.12 0.93% with 69,335 shares trading hands.