Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
ACRES Commercial Realty Corp. Market Cap
From what 3 stock analysts predict, the share price for ACRES Commercial Realty Corp. (ACR) might increase by 11.94% in the next year. This is based on a 12-month average estimation for ACR. Price targets go from $18 to $21. The majority of stock analysts believe ACR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assignedACR 2 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect ACRES Commercial Realty Corp. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ACR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ACR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Matthew Erdner Jones Trading | Hold | Initiates | Oct 8, 2024 | |
| Matthew Erdner Jones Trading | Hold | Initiates | Oct 7, 2024 | |
| Steven Delaney JMP Securities | Market Outperform | $17.5 | Maintains | Sep 25, 2024 |
| Steven Delaney JMP Securities | Market Outperform | $15.5 | Maintains | Apr 30, 2024 |
| Stephen Laws Raymond James | Outperform | $12.5 | Maintains | May 24, 2023 |
| Steven Delaney JMP Securities | Market Outperform | $14 | Reiterates | May 5, 2023 |
| Stephen Laws Raymond James | Outperform | $13.5 | Maintains | Mar 13, 2023 |
| Mark Delaney JMP Securities | Market Outperform | $14 | Reiterates | Mar 3, 2023 |
| Stephen Laws Raymond James | Outperform | $15 | Maintains | Jul 18, 2022 |
| Steven Delaney JMP Securities | Market Outperform | $14 | Maintains | Jul 14, 2022 |
| Stephen Laws Raymond James | Outperform | $18.5 | Maintains | May 18, 2022 |
| Steven Delaney JMP Securities | Market Outperform | $19 | Maintains | Nov 5, 2021 |
| Stephen Laws Raymond James | Outperform | $20 | Maintains | May 24, 2021 |
| Stephen Laws Raymond James | Outperform | $18 | Maintains | Mar 16, 2021 |
When did it IPO
2006
Staff Count
0
Country
United States
Sector/Industry
Real Estate/REIT - Mortgage
CEO
Mr. Mark Steven Fogel
Market Cap
$134.8M
In 2023, ACR generated $91.9M in revenue, which was a increase of 19.26% from the previous year. This can be seen as a signal that ACR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - ACRES Commercial Realty Corp. will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 10:00 AM ET, featuring key executives and analysts.
Why It Matters - The earnings call provides insights into ACRES Commercial Realty's financial health and strategic direction, impacting stock valuation and investor sentiment.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - ACRES Commercial Realty Corp. (NYSE: ACR) reported its Q3 2024 results, focusing on its commercial real estate mortgage loans and equity investments. Further details were not provided.
Why It Matters - ACRES Commercial Realty's quarterly results reflect its performance in the commercial real estate sector, impacting investor sentiment and potential returns on investment.
Wed, 30 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - ACRES Commercial (ACR) reported Q3 earnings of $0.24 per share, below the Zacks Consensus Estimate of $0.39 and down from $0.73 per share year-over-year.
Why It Matters - ACR's earnings miss signals weaker performance and declining profitability, potentially impacting stock valuation and investor confidence.
Wed, 16 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - ACRES Commercial Realty Corp. (NYSE: ACR) will release its Q3 2024 results on October 30, 2024, after market close.
Why It Matters - The upcoming earnings release on October 30 could significantly impact ACRES Commercial Realty's stock price, as quarterly results often influence investor sentiment and market performance.
Thu, 19 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - ACRES Commercial Realty is trading at 66 cents on the dollar. It has $4.1 million remaining in its share buyback program, with increased CECL reserves and CRE loan risk ratings.
Why It Matters - ACRES Commercial Realty's discounted share price, active buyback program, and increasing reserve indicate potential undervaluation and risk management concerns, impacting investor sentiment and future valuations.
Tue, 17 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - ACRES Commercial Realty Corp. (NYSE: ACR) declared cash dividends on its Preferred Stock, as announced by its Board of Directors on September 17, 2024.
Why It Matters - The declaration of cash dividends indicates financial stability and returns for investors, potentially enhancing the attractiveness of ACRES Commercial Realty Corp. stock.
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