AI Spotlight on ACR
Company Description
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States.It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial real estate equity and preferred equity investments.The company qualifies as a real estate investment trust for federal income tax purposes.
It generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income.The company was formerly known as Exantas Capital Corp.and changed its name to ACRES Commercial Realty Corp.
in February 2021.ACRES Commercial Realty Corp.was incorporated in 2005 and is based in Uniondale, New York.
Market Data
Last Price | 17.68 |
Change Percentage | 0.45% |
Open | 17.6 |
Previous Close | 17.6 |
Market Cap ( Millions) | 137 |
Volume | 7964 |
Year High | 18.15 |
Year Low | 9.47 |
M A 50 | 16.99 |
M A 200 | 15.07 |
Financial Ratios
FCF Yield | 20.48% |
Dividend Yield | 0.00% |
ROE | 6.05% |
Debt / Equity | 351.55% |
Net Debt / EBIDTA | 2151.42% |
Price To Book | 0.31 |
Price Earnings Ratio | 5.16 |
Price To FCF | 4.88 |
Price To sales | 0.91 |
EV / EBITDA | 23.52 |
News
- Dec -19 - ACRES Commercial Realty Corp. Reauthorizes an Additional $5 Million Share Repurchase Program
- Dec -19 - ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
- Dec -10 - The Only 3 REITs You Need to Own In Your Lifetime
- Nov -18 - Aurinia Commends 2024 Updated ACR Guidelines for Screening, Treatment, and Management of Lupus Nephritis
- Nov -18 - Nektar Therapeutics Presents First Preclinical Data from Novel CSF-1 Program, NKTR-422, at 2024 American College of Rheumatology (ACR) Convergence
- Nov -18 - Allogene Therapeutics Presents Preclinical Data for ALLO-329, an Allogeneic CD19/CD70 Dual CAR T for the Treatment of Autoimmune Disease at the American College of Rheumatology (ACR) Convergence
- Nov -17 - Nurix Therapeutics Presents Preclinical Data from Two Autoimmune and Inflammatory Disease Programs, NX-5948 and GS-6791, at ACR Convergence 2024
- Nov -16 - Adicet Bio Presents Clinical Biomarker Data for Off-the-Shelf CAR T Cell Therapy in an Oral Session at the American College of Rheumatology (ACR) Convergence 2024
- Nov -14 - Kronos Bio Highlights Preclinical Data that Show p300 KAT Inhibitors Reduce Inflammation in an Oral Presentation at ACR Convergence 2024
- Nov -14 - Kyverna Therapeutics Announces New Patient Data Highlighting Potential of KYV-101 for Treatment of Lupus Nephritis in Symposium at ACR Convergence 2024
- Nov -14 - Cullinan Therapeutics Announces Preclinical Data for CLN-978, a CD19-directed T Cell Engager, to be Presented at ACR Convergence 2024
- Nov -13 - Tonix Pharmaceuticals Announces Poster Presentation at the American College of Rheumatology (ACR) Convergence 2024 Annual Meeting
- Nov -07 - Johnson & Johnson advances leadership in rheumatic disease innovation with 43 abstracts at ACR 2024
- Nov -04 - Cullinan Therapeutics to Present Preclinical Data for CLN-978, a CD19-directed T Cell Engager, at ACR Convergence 2024
- Nov -01 - ACRES Commercial Realty Corp. (ACR) Q3 2024 Earnings Call Transcript
- Oct -30 - ACRES Commercial (ACR) Lags Q3 Earnings and Revenue Estimates
- Oct -30 - ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024
- Oct -25 - Protalix BioTherapeutics to Present Phase I PRX-115 Data in Late-Breaking Poster at ACR Convergence 2024
- Oct -16 - ACRES Commercial Realty Corp. to Report Results for Third Quarter 2024
- Oct -11 - Acrivon Therapeutics Announces Initial Patient Dosing in Phase 1 Trial of ACR-2316, a Novel WEE1/PKMYT1 Inhibitor Designed Using AP3 for Superior Single-Agent Activity
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Real Estate Investment Trust
Expected Growth : 6.0 %
What the company do ?
ACRES Commercial Realty Corp.'s Real Estate Investment Trust (REIT) allows individuals to invest in a diversified portfolio of commercial properties, providing a stable income stream and potential long-term appreciation.
Why we expect these perspectives ?
ACRES Commercial Realty Corp.'s 6.0% growth is driven by increasing demand for commercial properties, strategic acquisitions, and strong property management. Additionally, the REIT's diversified portfolio across multiple markets and property types, such as office, retail, and industrial, provides a stable source of income. Furthermore, the company's focus on value-add opportunities and redevelopment projects contributes to its growth momentum.
Acres Commercial Realty Corp. Products
Product Range | What is it ? |
---|---|
Office Spaces | ACRES Commercial Realty Corp. offers a wide range of office spaces for lease or sale, catering to various business needs and sizes. |
Industrial Properties | The company provides industrial properties for lease or sale, suitable for manufacturing, logistics, and distribution purposes. |
Retail Spaces | ACRES Commercial Realty Corp. offers retail spaces for lease or sale, perfect for restaurants, cafes, shops, and other retail businesses. |
Land Development | The company provides land development services, helping clients acquire and develop land for commercial use. |
Property Management | ACRES Commercial Realty Corp. offers property management services, including leasing, maintenance, and financial management. |
Investment Sales | The company provides investment sales services, helping clients buy and sell commercial properties. |
Leasing Services | ACRES Commercial Realty Corp. offers leasing services, helping clients find the right commercial space for their business needs. |
ACRES Commercial Realty Corp.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for ACRES Commercial Realty Corp. is moderate due to the availability of alternative commercial real estate services.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of commercial real estate services offered by ACRES Commercial Realty Corp.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the availability of multiple suppliers for commercial real estate services.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the commercial real estate industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the commercial real estate industry and the presence of multiple established players.
Capital Structure
Value | |
---|---|
Debt Weight | 80.64% |
Debt Cost | 7.64% |
Equity Weight | 19.36% |
Equity Cost | 13.85% |
WACC | 8.84% |
Leverage | 416.52% |
ACRES Commercial Realty Corp. : Quality Control
ACRES Commercial Realty Corp. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
EARN | Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including β¦ |
RC | Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small β¦ |
TWO | Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and β¦ |
RWT | Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, β¦ |
LADR | The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real β¦ |