ACRE

Interested in Ares Commercial Real Estate Corporation? Here are five stocks we like better. Ares Commercial Real Estate reported a first-quarter net loss of about $9.6 million, as higher CECL reserves and a realized loss on a Pennsylvania multifamily loan weighed on results. Distributable earnings were $3.2 million, or $0.06 per share, before excluding that realized loss. Management said the portfolio is being reshaped toward higher-quality loans and away from office exposure, with three new commitments totaling $294 million in Q1 and office balance down nearly 25% year over year. The company emphasized improved diversification and a constructive lending backdrop as commercial real estate values stabilize. Credit stress remains concentrated in two troubled loans: a Chicago office loan and a Brooklyn condominium loan, which drove an increase in the total CECL reserve to $138 million. ACRE also declared a $0.15 quarterly dividend and said it ended the quarter with $163 million of available capital. Ares Commercial Real Estate (NYSE:ACRE) reported a first-quarter loss as higher credit reserves tied to two large troubled loans weighed on results, while management said it continued to reshape the portfolio through new originations, asset resolutions and reduced office exposure. Chief Executive Officer Bryan Donohoe said the commercial real estate market showed “relative stability” during the quarter despite uncertainty in broader macroeconomic and corporate credit markets. He said limited new supply supported modest valuation growth and that reset valuations, along with what the company views as early capital rotation back into commercial real estate, created an attractive lending environment. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Against that backdrop, Donohoe said ACRE remained focused on reducing risk while originating higher-quality loans. The company closed three new loan commitments totaling $294 million in the first quarter, backed by multifamily, mixed-use and retail properties. Loans held for investment rose to 35 loans totaling $1.7 billion at quarter-end, up $110 million from the prior quarter. “We believe today’s commercial real estate environment offers the opportunity to originate at attractive attachment points with stronger credit structures and risk-adjusted returns,” Donohoe said. → Light Speed Returns: Corning Cashe...

Management attributed the 22% year-over-year increase in the principal loan balance to a deliberate strategy of reallocating capital from legacy office assets into industrial, multifamily, select retail, and self-storage sectors. The company reduced its office loan exposure by nearly 25% over the past year, citing a strategic shift toward asset classes with lower capital expenditure cycles and stronger supply-demand fundamentals. Portfolio growth was supported by $294 million in new commitments during Q1, with 37% of the total investment portfolio now consisting of loans originated within the last twelve months. Management highlighted the competitive advantage of the broader Ares platform, noting that over 75% of recent commitments were co-investments, which allows for greater selectivity and diversification. The increase in CECL reserves was primarily driven by idiosyncratic risks in two specific non-accrual loans—a Chicago office property and a Brooklyn residential project—rather than broad systemic weakness. Operational stability was evidenced by the lack of negative credit migrations within the risk-rated one through three portfolio, which comprises 31 of the company's 35 loans. Future origination volume is expected to be dictated by the pace of loan repayments and the successful resolution of remaining risk-rated four and five assets. Management anticipates the sellout of the Brooklyn condominium project will occur within a two-year window, providing a path for debt paydown and subsequent cash flow return. The company plans to gradually increase leverage toward historical levels of approximately three times as the portfolio mix shifts further toward post-2024 originations. A $69 million portion of a California retail loan is expected to be sold to an Ares affiliate or third party in Q2 2026 to maintain portfolio diversity while capturing short-term economics. The North Carolina office REO property has entered a formal sales process, supported by management's view of improved property fundamentals and capital markets activity. A $3.3 million realized loss was recorded following the accelerated exit of a risk-rated five Pennsylvania multifamily loan. CECL reserves were increased by $11 million during the quarter, with $129 million of the total $138 million reserve now tied to risk-rated four and five loans. The company expanded its borrowing capacity by $...

OTC Markets Group Inc. (OTCM) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.5 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.28%. A quarter ago, it was expected that this company would post earnings of $0.72 per share when it actually produced earnings of $0.76, delivering a surprise of +5.56%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. OTC Markets Group, which belongs to the Zacks Securities and Exchanges industry, posted revenues of $34.84 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 5.89%. This compares to year-ago revenues of $30.43 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. OTC Markets Group shares have added about 9.2% since the beginning of the year versus the S&P 500's gain of 6%. While OTC Markets Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for OTC Markets Group was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of toda...

First quarter GAAP net income (loss) of $(9.6) million or $(0.17) per diluted common share and Distributable Earnings1 of $3.2 million or $0.06 per diluted common share - Subsequent to the three months ended March 31, 2026 - Closed $95 million of new loan commitments Declared second quarter 2026 dividend of $0.15 per common share NEW YORK, May 07, 2026--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the "Company") (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate loans and related investments, reported generally accepted accounting principles ("GAAP") net income (loss) of $(9.6) million or $(0.17) per diluted common share and Distributable Earnings1 of $3.2 million or $0.06 per diluted common share for the first quarter of 2026. "Supported by stable commercial real estate fundamentals, we maintained our investment momentum in the first quarter and grew the portfolio with the closing of $294 million of new loan commitments," said Bryan Donohoe, Chief Executive Officer of Ares Commercial Real Estate Corporation. "We remain highly focused on resolving the remaining risk rated 4 and 5 loans and REO properties alongside selectively investing in high quality new loans in order to reshape and grow our portfolio." "During the first quarter, we maintained our balance sheet flexibility through additional repayments in the loan portfolio, disciplined liquidity and liability management and expanded borrowing capacity," said Jeff Gonzales, Chief Financial Officer of Ares Commercial Real Estate Corporation. "We enhanced our financing structure by increasing the capacity on two of our secured funding facilities by $300 million to support future growth and lowered our borrowing costs through the redemption of the FL4 CLO." COMMON STOCK DIVIDEND On February 10, 2026, the Board of Directors of the Company declared a regular cash dividend of $0.15 per common share for the first quarter of 2026. The first quarter 2026 dividend was paid on April 15, 2026 to common stockholders of record as of March 31, 2026. On May 7, 2026, the Board of Directors of the Company declared a regular cash dividend of $0.15 per common share for the second quarter of 2026. The second quarter 2026 dividend will be payable on July 15, 2026 to common stockholders of record as of June 30, 2026. ADDITIONAL INFORMATION The C...

Ares Commercial Real Estate (ACRE) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25.00%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.01 per share when it actually produced earnings of $0.15, delivering a surprise of +1400%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Ares Commercial Real Estate, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $24.91 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.95%. This compares to year-ago revenues of $27.48 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ares Commercial Real Estate shares have added about 9.2% since the beginning of the year versus the S&P 500's gain of 7.6%. While Ares Commercial Real Estate has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ares Commercial Real Estate was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the m...

NEW YORK (AP) — NEW YORK (AP) — Ares Commercial Real Estate Corp. (ACRE) on Thursday reported a first-quarter loss of $9.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of 17 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 6 cents per share. The real estate investment trust posted revenue of $13.5 million in the period. Its adjusted revenue was $24.9 million. Ares Commercial Real Estate shares have climbed 9% since the beginning of the year. The stock has climbed 27% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACRE at https://www.zacks.com/ap/ACRE

PennyMac Mortgage (PMT) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to a loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -55.47%. A quarter ago, it was expected that this specialty finance company would post earnings of $0.41 per share when it actually produced earnings of $0.48, delivering a surprise of +17.07%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. PennyMac Mortgage, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $82.13 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 10.78%. This compares to year-ago revenues of $44.47 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. PennyMac Mortgage shares have lost about 3.5% since the beginning of the year versus the S&P 500's gain of 5.2%. While PennyMac Mortgage has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for PennyMac Mortgage was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete li...

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +30.08%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.22 per share when it actually produced earnings of $0.51, delivering a surprise of +131.82%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Blackstone Mortgage, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $84.82 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.04%. This compares to year-ago revenues of $89.82 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Blackstone Mortgage shares have added about 4.6% since the beginning of the year versus the S&P 500's gain of 4.3%. While Blackstone Mortgage has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Blackstone Mortgage was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. Yo...

BrightSpire (BRSP) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.68%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.16 per share when it actually produced earnings of $0.15, delivering a surprise of -6.25%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Colony Credit, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $16.12 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 3.18%. This compares to year-ago revenues of $15.88 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Colony Credit shares have added about 8.4% since the beginning of the year versus the S&P 500's gain of 4.8%. While Colony Credit has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Colony Credit was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks...

NEW YORK, April 23, 2026--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the first quarter ended March 31, 2026 on Thursday, May 7, 2026 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2026 financial results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.arescre.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (800) 343-5172. International callers can access the conference call by dialing +1 (203) 518-9856. Please provide passcode ACREQ126. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. For interested parties, an archived replay of the call will be available through June 7, 2026 at 5:00 p.m. (Eastern Time) to domestic callers by dialing +1 (800) 839-4016 and to international callers by dialing +1 (402) 220-7240. An archived replay will also be available through June 7, 2026 on a webcast link located on the Home page of the Investor Resources section of our website. About Ares Commercial Real Estate Corporation Ares Commercial Real Estate Corporation (the "Company") is a specialty finance company primarily engaged in directly originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the Company provides a broad offering of flexible and reliable financing solutions for commercial real estate owners and operators. The Company originates senior mortgage loans, as well as subordinate financings, mezzanine debt and preferred equity, with an emphasis on providing value added financing on a variety of properties located in liquid markets across the United States. Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management Corporation. For more information, please visit www.arescre.com. The contents of such website are not, and...

Management characterized 2025 as a year of transition, shifting from defensive balance sheet positioning to active investment as market conditions stabilized in the second half. The company reduced office loan exposure by 30% since year-end 2024 to $447 million, driven by active management, repayments, and strategic restructurings. Performance attribution for the quarter was heavily influenced by the resolution of risk-rated four and five loans, which now consist of only five remaining assets. The largest remaining risk-rated five asset is a Chicago office loan representing 44% of the underperforming portfolio; management is pursuing a potential sale while noting stable 90% occupancy. Strategic positioning now emphasizes co-investment alongside other Ares vehicles to access institutional-scale opportunities while maintaining granular diversification. Operational focus has shifted toward residential and industrial sectors, which accounted for over 50% of the $486 million in new 2025 loan commitments. Management anticipates that the resolution of remaining risk-rated four and five loans will be the primary driver for future portfolio growth and earnings recovery. The $0.15 per share dividend for 2026 reflects management's confidence in a path toward earnings growth, though they cautioned that the trajectory may be uneven during asset resolutions. Guidance for the Brooklyn residential condo loan assumes sales will commence in 2026, with initial proceeds directed toward debt repayment to capture interest expense savings. The company plans to gradually increase leverage from the current 1.6x toward a long-term historical target of 3.0x as underperforming loans are resolved. Future investment strategy explicitly excludes new commitments to office properties, focusing instead on sectors with durable capital structures like logistics and multifamily. A $28 million Pennsylvania multifamily loan was downgraded to risk-rated five due to expected loss realization upon sale, though management views the loss severity as limited. The CECL reserve stands at $127 million, with 92% of that total attributed to risk-rated four and five loans, specifically the Chicago office asset. A strategic restructuring of an Arizona office loan converted an $81 million senior position into a $65 million senior and $8 million subordinated structure, supported by new borrower equity. The comp...