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Ares Commercial Real Estate share price today

Ares Commercial Real Estate Corporation · ACRE · Real Estate · REIT - Mortgage · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Ares Commercial Real Estate share price: $3.51 at the close on 4 November 2026, −30.6% in a year.

$3.51Price −30.6% in a year
$13.5 MRevenue (Jun 2026) −58.8% on a year ago
$4.4 MProfit (Jun 2026)
33.5%Operating margin −33.6 points on a year ago
0%ROE FY25
−0.1%ROIC against a 1.5% cost of capital: −1.6 points

Ares Commercial Real Estate Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been between phases. Over the last four quarters, results have been deteriorating, and 117% of the last 2 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Ares Commercial Real Estate share price today?

Ares Commercial Real Estate Corporation's share price was $3.51 at the close on 4 November 2026. That is 24.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $5, and at that close it sat 8% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 28 weeks running.

Nov 2026: $3.51, 24.4% below its 200-day average.

  • Price $3.51
  • 50-day avg $3.94
  • 200-day avg $4.64
Nov 2026: $3.51, 24.4% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$4.74––
18 Jul 2025$4.43––
25 Jul 2025$4.66––
1 Aug 2025$4.44––
8 Aug 2025$4.33––
15 Aug 2025$4.50––
22 Aug 2025$4.66––
29 Aug 2025$4.72––
5 Sep 2025$5.13––
12 Sep 2025$4.83––
19 Sep 2025$4.80$4.61–
26 Sep 2025$4.77$4.62–
3 Oct 2025$4.68$4.63–
10 Oct 2025$4.41$4.62–
17 Oct 2025$4.48$4.64–
24 Oct 2025$4.64$4.67–
31 Oct 2025$4.46$4.67–
7 Nov 2025$5.06$4.67–
14 Nov 2025$4.93$4.67–
21 Nov 2025$4.97$4.67–
28 Nov 2025$5.30$4.70–
5 Dec 2025$5.10$4.74–
12 Dec 2025$5.21$4.80–
19 Dec 2025$5.32$4.88–
26 Dec 2025$5.04$4.93–
2 Jan 2026$4.73$4.95–
9 Jan 2026$5.01$4.97–
16 Jan 2026$5.11$5.03–
23 Jan 2026$4.85$5.04–
30 Jan 2026$5.21$5.05–
6 Feb 2026$5.20$5.08–
13 Feb 2026$5.17$5.09–
20 Feb 2026$5.10$5.09–
27 Feb 2026$5.02$5.07–
6 Mar 2026$5.13$5.06–
13 Mar 2026$4.86$5.05–
20 Mar 2026$4.70$5.06–
27 Mar 2026$4.76$5.05–
2 Apr 2026$4.76$5.03–
10 Apr 2026$5.02$5.03–
17 Apr 2026$5.30$5.03–
24 Apr 2026$5.26$5.03$4.86
1 May 2026$5.29$5.03$4.87
8 May 2026$5.14$5.05$4.89
15 May 2026$4.60$5.01$4.89
22 May 2026$4.78$4.98$4.90
29 May 2026$4.94$4.98$4.91
5 Jun 2026$4.99$5.00$4.93
12 Jun 2026$4.93$5.02$4.94
18 Jun 2026$4.62$5.01$4.94
26 Jun 2026$4.51$4.95$4.93
2 Jul 2026$4.52$4.89$4.92
10 Jul 2026$4.43$4.80$4.91
17 Jul 2026$4.62$4.73$4.91
24 Jul 2026$4.55$4.68$4.90
31 Jul 2026$4.26$4.66$4.90
7 Aug 2026$4.87$4.64$4.91
14 Aug 2026$4.72$4.61$4.91
21 Aug 2026$4.77$4.59$4.91
28 Aug 2026$4.65$4.57$4.91
4 Sep 2026$4.57$4.57$4.90
11 Sep 2026$4.32$4.56$4.90
18 Sep 2026$4.38$4.55$4.87
25 Sep 2026$4.19$4.53$4.85
2 Oct 2026$3.83$4.47$4.82
9 Oct 2026$3.55$4.39$4.78
16 Oct 2026$3.45$4.29$4.74
23 Oct 2026$3.35$4.14$4.70
30 Oct 2026$3.36$4.02$4.67
4 Nov 2026$3.51$3.94$4.64
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 18 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−11.7%
17 Oct 2025−4.7%
24 Oct 2025−6.7%
31 Oct 2025−9.3%
7 Nov 2025+11.6%
14 Nov 2025+5.1%
21 Nov 2025+4.5%
28 Nov 2025+6.3%
5 Dec 2025−6.5%
12 Dec 2025+4.2%
19 Dec 2025+8.3%
26 Dec 2025+1.4%
2 Jan 2026−1.0%
9 Jan 2026+7.3%
16 Jan 2026+10.0%
23 Jan 2026+2.8%
30 Jan 2026+15.4%
6 Feb 2026−0.2%
13 Feb 2026+3.4%
20 Feb 2026−2.0%
27 Feb 2026−5.7%
6 Mar 2026+2.5%
13 Mar 2026−3.9%
20 Mar 2026−6.9%
27 Mar 2026+2.6%
2 Apr 2026+4.6%
10 Apr 2026+2.3%
17 Apr 2026+1.0%
24 Apr 2026+4.9%
1 May 2026−2.6%
8 May 2026−8.0%
15 May 2026−19.4%
22 May 2026−14.4%
29 May 2026−11.9%
5 Jun 2026−12.4%
12 Jun 2026−10.6%
18 Jun 2026−16.8%
26 Jun 2026−20.2%
2 Jul 2026−18.6%
10 Jul 2026−22.9%
17 Jul 2026−17.5%
24 Jul 2026−17.0%
31 Jul 2026−23.1%
7 Aug 2026−10.1%
14 Aug 2026−2.4%
21 Aug 2026−2.9%
28 Aug 2026−7.6%
4 Sep 2026−12.8%
11 Sep 2026−15.4%
18 Sep 2026−7.2%
25 Sep 2026−12.9%
2 Oct 2026−18.6%
9 Oct 2026−23.0%
16 Oct 2026−28.0%
23 Oct 2026−29.2%
30 Oct 2026−22.3%
4 Nov 2026−22.7%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −26% while the S&P 500 moved +18%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 April 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Ares Commercial Real Estate pay?

Ares Commercial Real Estate Corporation paid $0.60 per share over the last four reported quarters. The most recent declaration was $0.15 for Jun 2026. At today's price of $3.51 that is a yield of 17.09%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.15 (Jun 2026)

  • Dividend per share $0.15
Dividend per share each quarter: latest $0.15 (Jun 2026)
QuarterDividend per share
Sep 2023$0.33
Dec 2023$0.33
Mar 2024$0.25
Jun 2024$0.25
Sep 2024$0.25
Dec 2024$0.25
Mar 2025$0.15
Jun 2025$0.15
Sep 2025$0.15
Dec 2025$0.15
Mar 2026$0.15
Jun 2026$0.15
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Ares Commercial Real Estate on?

Ares Commercial Real Estate is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Ares Commercial Real Estate profitable?

Ares Commercial Real Estate Corporation earned $4.4 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $902 K. That is 32.5% of the quarter's revenue. The same quarter a year earlier lost $11.0 M. 8 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY25 profit −$0.9 M

  • Net profit −$0.9 M
FY25 profit −$0.9 M
QuarterNet profit
FY21$60.5 M
FY22$29.8 M
FY23−$38.9 M
FY24−$35.0 M
FY25−$0.9 M

Growth on a year earlier

  • Growth on a year earlier −230.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−50.7%
FY23−230.5%
FY24–
FY25–
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $4.4 M

  • Net profit (quarterly) $4.4 M
Jun 2026: $4.4 M
QuarterNet profit (quarterly)
Sep 2023$9.2 M
Dec 2023−$39.4 M
Mar 2024−$12.3 M
Jun 2024−$6.1 M
Sep 2024−$5.9 M
Dec 2024−$10.7 M
Mar 2025$9.3 M
Jun 2025−$11.0 M
Sep 2025$4.7 M
Dec 2025−$3.9 M
Mar 2026−$9.6 M
Jun 2026$4.4 M

Growth on a year earlier

  • Growth on a year earlier −202.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20231,326.1%
Dec 2023−1,454.4%
Mar 2024–
Jun 2024–
Sep 2024−164%
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026−202.8%
Jun 2026–
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Ares Commercial Real Estate make, and is it growing?

Ares Commercial Real Estate Corporation reported $13.5 M of revenue in the Jun 2026 quarter, −58.8% on the same quarter a year earlier. Over 4 years it has grown −8.1% a year on average. The last full year, FY25, came in at $72.7 M. The last four reported quarters add to $35.5 M.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $72.7 M, −17.2% on the year before.

FY25 revenue $72.7 M (−17.2% on the year before), −8.1% a year over 4 years

  • Revenue $72.7 M
FY25 revenue $72.7 M (−17.2% on the year before), −8.1% a year over 4 years
QuarterRevenue
FY21$102 M
FY22$60.8 M
FY23$1.1 M
FY24$87.8 M
FY25$72.7 M

Growth on a year earlier

  • Growth on a year earlier −17.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−40.4%
FY23−98.2%
FY247,874.8%
FY25−17.2%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $13.5 M (−58.8% on a year earlier)

  • Revenue (quarterly) $13.5 M
Jun 2026: $13.5 M (−58.8% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$20.7 M
Dec 2023−$29.9 M
Mar 2024$41.0 M
Jun 2024$19.2 M
Sep 2024$9.2 M
Dec 2024$18.5 M
Mar 2025$20.3 M
Jun 2025$32.7 M
Sep 2025$16.3 M
Dec 2025$3.4 M
Mar 2026$2.3 M
Jun 2026$13.5 M

Growth on a year earlier

  • Growth on a year earlier −58.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023165.3%
Dec 2023−371.6%
Mar 2024647.2%
Jun 2024294.2%
Sep 2024−55.5%
Dec 2024–
Mar 2025−50.5%
Jun 202570.6%
Sep 202577.3%
Dec 2025−81.7%
Mar 2026−88.6%
Jun 2026−58.8%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −38.0% on average, against −8.1% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −56.0%, against −16.5% a year over the last 8 quarters (rolling over).

How much of every $100 of sales does Ares Commercial Real Estate keep?

Ares Commercial Real Estate Corporation's operating margin was 33.5% in the Jun 2026 quarter, 33.6 percentage points lower than the same quarter a year ago. Across 5 years it has been between −2,489.7% and 59.9%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY25: 43.0%, within a range of −2,489.7% to 59.9% over 5 years

  • Operating margin 43.0%
FY25: 43.0%, within a range of −2,489.7% to 59.9% over 5 years
QuarterOperating margin
FY2159.9%
FY2246.2%
FY23−2,489.7%
FY2456.8%
FY2543%

Change on the year before (points)

  • Change on the year before (points) −13.8 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−13.7 pts
FY23−2,535.9 pts
FY24+2,546.5 pts
FY25−13.8 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 33.5% (−33.6 points on a year earlier)

  • Operating margin 33.5%
Jun 2026: operating margin 33.5% (−33.6 points on a year earlier)
QuarterOperating margin
Sep 202368%
Dec 2023128.8%
Mar 202479.1%
Jun 202453.5%
Sep 2024−1.3%
Dec 202439.6%
Mar 202547.4%
Jun 202567.1%
Sep 202538.6%
Dec 2025−195.8%
Mar 2026−268.5%
Jun 202633.5%

Change on a year earlier (points)

  • Change on a year earlier (points) −33.6 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+59.7 pts
Dec 2023+100.0 pts
Mar 2024+92.2 pts
Jun 2024+99.6 pts
Sep 2024−69.3 pts
Dec 2024−89.2 pts
Mar 2025−31.7 pts
Jun 2025+13.6 pts
Sep 2025+39.9 pts
Dec 2025−235.4 pts
Mar 2026−315.9 pts
Jun 2026−33.6 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Ares Commercial Real Estate's profit turning into cash?

Over the last 2 years, 117% of Ares Commercial Real Estate Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $21.4 M of operating cash against −$902 K of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $21.4 M against profit −$0.9 M; 117% of 2 years' profit came in as cash

  • Operating cash $21.4 M
  • Net profit −$0.9 M
FY25: operating cash $21.4 M against profit −$0.9 M; 117% of 2 years' profit came in as cash
QuarterOperating cashNet profit
FY21$48.4 M$60.5 M
FY22$57.2 M$29.8 M
FY23$46.8 M−$38.9 M
FY24$35.5 M−$35.0 M
FY25$21.4 M−$0.9 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $63.5 M = 1,450% of the quarter's profit

  • Operating cash (quarterly) $63.5 M
Jun 2026: operating cash $63.5 M = 1,450% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$13.5 M
Dec 2023$10.1 M
Mar 2024$11.4 M
Jun 2024$8.7 M
Sep 2024$8.4 M
Dec 2024$7.1 M
Mar 2025$8.0 M
Jun 2025$4.9 M
Sep 2025$3.8 M
Dec 2025$4.6 M
Mar 2026−$56.6 M
Jun 2026$63.5 M

Operating cash as % of profit

  • Operating cash as % of profit 1,450%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023147%
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 202586%
Jun 2025–
Sep 202582%
Dec 2025–
Mar 2026–
Jun 20261,450%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Ares Commercial Real Estate's cash go?

Ares Commercial Real Estate Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Ares Commercial Real Estate's P/E ratio, and how does it compare with its own history?

Ares Commercial Real Estate Corporation has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Ares Commercial Real Estate Corporation at 2.7× its FY25 revenue of $72.7 M. The P/E comes back here once profit turns positive.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

PEG 2.32 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 2.32×
  • PEG = 1.0 1.00×
PEG 2.32 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20212.32×1.00×
Dec 20212.32×1.00×
Mar 20222.32×1.00×
Jun 20222.32×1.00×
Sep 20222.32×1.00×
Dec 20222.32×1.00×
Mar 20232.32×1.00×
Jun 20232.32×1.00×
Sep 20232.32×1.00×
Dec 20232.32×1.00×
Mar 20242.32×1.00×
Jun 20242.32×1.00×
Sep 20242.32×1.00×
Dec 20242.32×1.00×
Mar 20252.32×1.00×
Jun 20252.32×1.00×
Sep 20252.32×1.00×
Dec 20252.32×1.00×
Mar 20262.32×1.00×
Jun 20262.32×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
—P/E · earnings negative
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Is the Ares Commercial Real Estate business getting better or worse?

Ares Commercial Real Estate Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −17.2% in FY25

  • Revenue growth −17.2%
Growth year by year: revenue −17.2% in FY25
QuarterRevenue growth
FY21–
FY22−40.4%
FY23−98.2%
FY247,874.8%
FY25−17.2%

Profit growth, EPS growth

  • Profit growth −230.5%
  • EPS growth −226.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−50.7%−59.9%
FY23−230.5%−226.3%
FY24––
FY25––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue rolling over

  • Revenue −56%
Three growth lines over twelve quarters: revenue rolling over
QuarterRevenue
Sep 2023−46.2%
Dec 2023−98.2%
Mar 2024−12.2%
Jun 202474.6%
Sep 2024−6.2%
Dec 2024300%
Mar 202583.5%
Jun 202558.5%
Sep 2025122.6%
Dec 2025−17.2%
Mar 2026−18.5%
Jun 2026−56%

Profit, EPS

  • Profit −300%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Sep 2023−92.1%−93.1%
Dec 2023−230.5%−220.1%
Mar 2024−300%−300%
Jun 2024––
Sep 2024−300%−300%
Dec 2024––
Mar 2025––
Jun 2025––
Sep 2025––
Dec 2025––
Mar 2026––
Jun 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 2%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 20242.2%
Mar 20251.2%
Jun 20251.7%
Sep 20252%
Dec 2025–
Mar 2026–
Jun 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FallingRevenue growth · latest −56.0%, range −98.2% to +7,874.8%
Stuck lowROCE · latest 2.0%, range 1.2% to 2.2%

Why it matters: with too little history, we say so rather than guess a direction.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−17.2%+6.1%——
Stock price−30.6%———
−58.8%Revenue growth (Jun 2026) · latest quarter against a year ago
−8.1%Revenue, 4 years · yearly growth over the long run

How much does Ares Commercial Real Estate earn on its capital?

Ares Commercial Real Estate Corporation earned a ROE of 0% in FY25. That is up from a low of −7% in FY24. Its return on capital used (ROIC) is 1.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a −1.2% net margin and 0.04× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a −1.2% net margin × 0.04× asset turnover × 3.18× leverage (assets divided by equity) ≈ −0.2% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: −0.1% − 1.5% = −1.6 percentage points. The 1.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The −0.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 1.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 0%, the climb back from FY24's −7%

  • ROE −0.2%
  • ROIC (annual) 1.9%
  • Cost of capital 1.5%
FY25: ROE 0%, the climb back from FY24's −7%
QuarterROEROIC (annual)Cost of capital
FY218.9%2.7%1.5%
FY224%1.1%1.5%
FY23−6.2%−1.2%1.5%
FY24−6.5%2.5%1.5%
FY25−0.2%1.9%1.5%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 1.5% cost of capital used on this page.

Jun 2026: ROIC 1.1% (last 12 months) against a 1.5% cost of capital

  • ROIC (12 months) 1.1%
  • ROE (12 months) −7.7%
  • Cost of capital 1.5%
Jun 2026: ROIC 1.1% (last 12 months) against a 1.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20230%−1.2%1.5%
Dec 20230.6%5.3%1.5%
Mar 2024−1.2%−24.1%1.5%
Jun 20240.3%−8%1.5%
Sep 20240.9%−4.1%1.5%
Dec 20240.3%−4.1%1.5%
Mar 20252.4%−7.7%1.5%
Jun 20251.5%6.9%1.5%
Sep 20252.5%−8.3%1.5%
Dec 20253%3.6%1.5%
Mar 20262.1%−3%1.5%
Jun 20261.1%−7.7%1.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Ares Commercial Real Estate have too much debt?

Ares Commercial Real Estate Corporation has total debt of $1.3 B against shareholder equity of $489 M as of Jun 2026, so its debt is 2.58× its equity. Year by year, that ratio went from 2.83 in FY21 to 2.06 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $1.0 B, 2.06× equity

  • Total debt $1.0 B
FY25: debt $1.0 B, 2.06× equity
QuarterTotal debt
FY21$1.9 B
FY22$1.7 B
FY23$1.6 B
FY24$1.2 B
FY25$1.0 B

Debt-to-equity

  • Debt-to-equity 2.06×
Debt-to-equity
QuarterDebt-to-equity
FY212.83×
FY222.32×
FY232.58×
FY242.17×
FY252.06×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $1.3 B, debt-to-equity 2.58

  • Total debt (quarterly) $1.3 B
Jun 2026: debt $1.3 B, debt-to-equity 2.58
QuarterTotal debt (quarterly)
Sep 2023$1.6 B
Dec 2023$1.6 B
Mar 2024$1.5 B
Jun 2024$1.5 B
Sep 2024$1.3 B
Dec 2024$1.2 B
Mar 2025$945 M
Jun 2025$888 M
Sep 2025$810 M
Dec 2025$1.0 B
Mar 2026$1.3 B
Jun 2026$1.3 B

Debt-to-equity

  • Debt-to-equity 2.58×
Debt-to-equity
QuarterDebt-to-equity
Sep 20232.41×
Dec 20232.58×
Mar 20242.46×
Jun 20242.50×
Sep 20242.38×
Dec 20242.17×
Mar 20251.74×
Jun 20251.70×
Sep 20251.55×
Dec 20252.06×
Mar 20262.58×
Jun 20262.58×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Ares Commercial Real Estate shareholding pattern?

4.7% of Ares Commercial Real Estate Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

4.7%Short interest · of the tradable float
3.9Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Ares Commercial Real Estate from balance-sheet trouble?

For Ares Commercial Real Estate Corporation, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Ares Commercial Real Estate rank in its industry?

31.5 out of 100, rank 20 of 25 in REIT - Mortgage, with 55% of the evidence available.

Ares Commercial Real Estate Corporation scores 31.5 out of 100 against the 25 companies it is compared with in REIT - Mortgage, ranking 20. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 10.4 + 5.1 + 9.8 + 6.2 = 31.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

Which companies is Ares Commercial Real Estate compared with?

Ares Commercial Real Estate ranks 20 of 25 REIT - Mortgage companies on the 4-Factor Sector Score, with 31.5 out of 100.

  1. 1Ellington Financial Inc.EFC · basing · Most evidence points up · 76% evidence77.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.1/35 · Income 36.4% · Profit 71.7% · 71% evidenceCapital efficiency 19.3/25 · ROA 2.2% · ROE 22.5% · GNPA — · 68% evidenceValuation 14.6/20 · P/BV 0.85× · P/BV÷ROE 0.04 · 70% evidenceRelative strength 15.0/20 · Lead over its industry 15.6% · Lead over S&P 500 -13.5% · 1 year -13.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 28.1 + 19.3 + 14.6 + 15 = 77 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2NexPoint Real Estate Finance, Inc.NREF · quiet · Most evidence points up · 76% evidence66.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.6/35 · Income 24.8% · Profit 17% · 71% evidenceCapital efficiency 16.6/25 · ROA 1.7% · ROE 10.8% · GNPA — · 68% evidenceValuation 16.5/20 · P/BV 0.34× · P/BV÷ROE 0.03 · 70% evidenceRelative strength 13.1/20 · Lead over its industry 24.9% · Lead over S&P 500 -5.5% · 1 year 9.4% · 100% evidence · 5 of 12 weeks aheadExact sum: 20.6 + 16.6 + 16.5 + 13.1 = 66.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Adamas Trust, Inc.ADAM · quiet · Evidence leans up · 67% evidence64.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.2/35 · Income 86.3% · Profit 100% · 45% evidenceCapital efficiency 19.0/25 · ROA 2.7% · ROE 24% · GNPA — · 68% evidenceValuation 16.1/20 · P/BV 0.57× · P/BV÷ROE 0.02 · 70% evidenceRelative strength 5.0/20 · Lead over its industry -2.7% · Lead over S&P 500 -26.8% · 1 year -11.7% · 100% evidence · 1 of 12 weeks aheadExact sum: 24.2 + 19 + 16.1 + 5 = 64.3 · What this means: Earnings are strong; relative strength in its sector is -2.7% and the one-year return is -11.7%.
  4. 4Annaly Capital Management, Inc.NLY · basing · Evidence leans up · 80% evidence62.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.7/35 · Income -23.1% · Profit -29% · 81% evidenceCapital efficiency 18.8/25 · ROA 2.3% · ROE 19.9% · GNPA — · 68% evidenceValuation 14.1/20 · P/BV 0.9× · P/BV÷ROE 0.04 · 70% evidenceRelative strength 13.3/20 · Lead over its industry 12.4% · Lead over S&P 500 -16.2% · 1 year -13.9% · 100% evidence · 1 of 12 weeks aheadExact sum: 16.7 + 18.8 + 14.1 + 13.3 = 62.9 · What this means: Relative strength against the index is -16.2%, and revenue and profit growth are weak.
  5. 5Ladder Capital CorpLADR · basing · Evidence leans up · 80% evidence59.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.9/35 · Income 16.7% · Profit 26.6% · 81% evidenceCapital efficiency 12.7/25 · ROA 1% · ROE 4.1% · GNPA — · 68% evidenceValuation 8.2/20 · P/BV 0.76× · P/BV÷ROE 0.18 · 70% evidenceRelative strength 17.0/20 · Lead over its industry 18.3% · Lead over S&P 500 -11.8% · 1 year -13.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 21.9 + 12.7 + 8.2 + 17 = 59.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6TPG RE Finance Trust, Inc.TRTX · basing · Evidence leans up · 76% evidence57.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.6/35 · Income -4.3% · Profit -20.8% · 71% evidenceCapital efficiency 15.3/25 · ROA 1.7% · ROE 7.1% · GNPA — · 68% evidenceValuation 8.6/20 · P/BV 0.62× · P/BV÷ROE 0.09 · 70% evidenceRelative strength 16.4/20 · Lead over its industry 17.3% · Lead over S&P 500 -13.1% · 1 year -18.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.6 + 15.3 + 8.6 + 16.4 = 57.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Seven Hills Realty TrustSEVN · basing · Evidence leans up · 76% evidence52.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.0/35 · Income -16.1% · Profit -26.7% · 71% evidenceCapital efficiency 16.0/25 · ROA 2.2% · ROE 5.3% · GNPA — · 68% evidenceValuation 8.6/20 · P/BV 0.59× · P/BV÷ROE 0.11 · 70% evidenceRelative strength 15.5/20 · Lead over its industry 11.1% · Lead over S&P 500 -17.6% · 1 year -23.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 12 + 16 + 8.6 + 15.5 = 52.1 · What this means: Relative strength against the index is -17.6%, and revenue and profit growth are weak.
  8. 8PennyMac Mortgage Investment TrustPMT · basing · Evidence leans up · 67% evidence51.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.0/35 · Income 11.2% · Profit 96.8% · 45% evidenceCapital efficiency 9.9/25 · ROA 0.4% · ROE 5.2% · GNPA — · 68% evidenceValuation 8.6/20 · P/BV 0.53× · P/BV÷ROE 0.1 · 70% evidenceRelative strength 12.5/20 · Lead over its industry 1.6% · Lead over S&P 500 -25.5% · 1 year -31.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 20 + 9.9 + 8.6 + 12.5 = 51 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Chicago Atlantic Real Estate Finance, Inc.REFI · basing · Evidence leans up · 76% evidence50.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.5/35 · Income -14.3% · Profit -23.7% · 71% evidenceCapital efficiency 17.6/25 · ROA 4.5% · ROE 6.3% · GNPA — · 68% evidenceValuation 8.4/20 · P/BV 0.75× · P/BV÷ROE 0.12 · 70% evidenceRelative strength 14.4/20 · Lead over its industry 5.3% · Lead over S&P 500 -21.9% · 1 year -28.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 10.5 + 17.6 + 8.4 + 14.4 = 50.9 · What this means: Relative strength against the index is -21.9%, and revenue and profit growth are weak.
  10. 10Rithm Capital Corp.RITM · basing · Evidence leans down · 80% evidence48.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.6/35 · Income 20.7% · Profit -54% · 81% evidenceCapital efficiency 10.2/25 · ROA 0.5% · ROE 2.9% · GNPA — · 68% evidenceValuation 8.6/20 · P/BV 0.52× · P/BV÷ROE 0.18 · 70% evidenceRelative strength 17.7/20 · Lead over its industry 24.2% · Lead over S&P 500 -7.4% · 1 year -14.3% · 100% evidence · 3 of 12 weeks aheadExact sum: 11.6 + 10.2 + 8.6 + 17.7 = 48.1 · What this means: Relative strength against the index is -7.4%, and revenue and profit growth are weak.
  11. 11Franklin BSP Realty Trust, Inc.FBRT · basing · Evidence leans down · 76% evidence43.2out of 100GrowthCapitalValuationRelative
  12. 12Blackstone Mortgage Trust, Inc.BXMT · basing · Too little evidence to rank firmly · 55% evidence42.9out of 100GrowthCapitalValuationRelative
  13. 13Starwood Property Trust, Inc.STWD · basing · Evidence leans down · 76% evidence41.8out of 100GrowthCapitalValuationRelative
  14. 14Apollo Commercial Real Estate Finance, Inc.ARI · quiet · Evidence leans down · 67% evidence41.8out of 100GrowthCapitalValuationRelative
  15. 15Redwood Trust, Inc.RWT · basing · Too little evidence to rank firmly · 55% evidence36.8out of 100GrowthCapitalValuationRelative
  16. 16MFA Financial, Inc.MFA · basing · Evidence leans down · 64% evidence36.4out of 100GrowthCapitalValuationRelative
  17. 17TPG Mortgage Investment Trust, Inc.MITT · basing · Too little evidence to rank firmly · 55% evidence36.1out of 100GrowthCapitalValuationRelative
  18. 18Invesco Mortgage Capital Inc.IVR · basing · Too little evidence to rank firmly · 55% evidence36.0out of 100GrowthCapitalValuationRelative
  19. 19BrightSpire Capital, Inc.BRSP · basing · Evidence leans down · 67% evidence35.6out of 100GrowthCapitalValuationRelative
  20. 20Ares Commercial Real Estate Corporation this pageACRE · basing · Too little evidence to rank firmly · 55% evidence31.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.4/35 · Income -57.5% · Profit — · 45% evidenceCapital efficiency 5.1/25 · ROA -2.2% · ROE -7.7% · GNPA — · 68% evidenceValuation 9.8/20 · P/BV 0.51× · P/BV÷ROE — · 10% evidenceRelative strength 6.2/20 · Lead over its industry -1.7% · Lead over S&P 500 -27.3% · 1 year -30.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 10.4 + 5.1 + 9.8 + 6.2 = 31.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  21. 21Chimera Investment CorporationCIM · basing · Most evidence points down · 64% evidence25.2out of 100GrowthCapitalValuationRelative
  22. 22Arbor Realty Trust, Inc.ABR · quiet · Most evidence points down · 76% evidence24.5out of 100GrowthCapitalValuationRelative
  23. 23Two Harbors Investment Corp.TWO · Too little evidence to rank firmly · 47% evidence58.7out of 100GrowthCapitalValuationRelative
  24. 24Claros Mortgage Trust, Inc.CMTG · turning · Too little evidence to rank firmly · 48% evidence46.9out of 100GrowthCapitalValuationRelative
  25. 25Ready Capital CorporationRC · quiet · Too little evidence to rank firmly · 48% evidence32.3out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: REIT - Mortgage, all 25 compared on one page.

Which companies are close to Ares Commercial Real Estate in size?

Ares Commercial Real Estate is the 27th largest of 29 REIT - Mortgage companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: KKR Real Estate Finance Trust Inc., Apollo Commercial Real Estate Finance, Inc., Claros Mortgage Trust, Inc. and Chicago Atlantic Real Estate Finance, Inc. Just below it: Ready Capital Corporation and TPG Mortgage Investment Trust, Inc.

REIT - Mortgage companies close in size

  1. KKR Real Estate Finance Trust Inc. $331 million
  2. Apollo Commercial Real Estate Finance, Inc. $322 million
  3. Claros Mortgage Trust, Inc. $261 million
  4. Chicago Atlantic Real Estate Finance, Inc. $234 million
  5. Ares Commercial Real Estate Corporation $194 million
  6. Ready Capital Corporation $189 million
  7. TPG Mortgage Investment Trust, Inc. $176 million

All 29 REIT - Mortgage companies, largest first

What else do people ask about Ares Commercial Real Estate?

What were Ares Commercial Real Estate's latest quarterly results?

Ares Commercial Real Estate Corporation reported revenue of $13.5 M and net profit of $4.4 M for the Jun 2026 quarter. Earnings per share were $0.08. The operating margin was 33.5%, 33.6 percentage points lower than a year earlier (as of 4 November 2026).

What is Ares Commercial Real Estate's market cap?

Ares Commercial Real Estate Corporation's market capitalisation is $194 M at a stock price of $3.51. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Ares Commercial Real Estate performing?

Ares Commercial Real Estate Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 28 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Ares Commercial Real Estate's stock price go up?

This page does not forecast Ares Commercial Real Estate Corporation's stock price. What it shows instead: the stock price is $3.51. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Is Ares Commercial Real Estate's profit real cash?

Yes, over the last 2 years, 117% of Ares Commercial Real Estate Corporation's reported profit came in as cash from operations. The latest year was lower at -2367%, so the trend is worth watching. In FY25, operating cash was $21.4 M against reported profit of −$902 K.

Most of that cash then goes into a mix of the daily operating cycle and new capacity. These are yearly figures (as of 4 November 2026).

Where is Ares Commercial Real Estate in its business cycle?

Ares Commercial Real Estate Corporation's FY25 operating margin was 43.0%, against a 5-year range of −2,489.7% to 59.9%: the middle of its own range, neither a peak nor a low. The latest quarter was 33.5%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Ares Commercial Real Estate story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Ares Commercial Real Estate a stock worth studying right now?

What the numbers show: Ares Commercial Real Estate Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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