No headlines found.
ACRES Commercial Realty Corp. Reauthorizes an Additional $5 Million Share Repurchase Program
PRNewswire (Thu, 19-Dec 4:16 PM ET)
ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
PRNewswire (Thu, 19-Dec 4:15 PM ET)
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024
PRNewswire (Wed, 30-Oct 4:15 PM ET)
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on originating, holding and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.
Acres Commercial Realty Corp. trades on the NYSE stock market under the symbol ACR.
As of January 29, 2025, ACR stock price climbed to $17.36 with 13,434 million shares trading.
ACR has a market cap of $134.31 million. This is considered a Micro Cap stock.
Last quarter Acres Commercial Realty Corp. reported $22 million in Revenue and $.24 earnings per share. This beat revenue expectation by $1 million and missed earnings estimates by -$.15.
In the last 3 years, ACR traded as high as $18.15 and as low as $6.62.
The top ETF exchange traded funds that ACR belongs to (by Net Assets): VTI, VXF, IWC.
ACR has outperformed the market in the last year with a return of +77.9%, while the SPY ETF gained +24.9%. In the last 3 month period, ACR beat the market returning +14.8%, while SPY returned +4.0%. However, in the most recent 2 weeks ACR has underperformed the stock market by returning -0.2%, while SPY returned +3.4%.
ACR support price is $16.80 and resistance is $17.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACR shares will trade within this expected range on the day.