Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2020 Results
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Ares Commercial (ACRE) PT Raised to $14.50 at BTIG
February 18, 2021 9:33 AM ESTBTIG analyst Benjamin Zucker raised the price target on Ares Commercial (NYSE: ACRE) to $14.50 while maintaining a Buy rating.
... MoreAres Commercial Real Estate (ACRE) Tops Q4 EPS by 6c
February 18, 2021 6:43 AM ESTAres Commercial Real Estate (NYSE: ACRE) reported Q4 EPS of $0.41, $0.06 better than the analyst estimate of $0.35.
We ended the year in a position of strength with our highest quarterly Distributable Earnings in 2020, an attractive balance sheet, consistent interest collections and no credit related losses, said Bryan Donohoe, Chief Executive Officer of ACRE. Based on our strong outlook for... More