Analyst Price Target is $17.50
▲ +10.76% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for ACRES Commercial Realty in the last 3 months. The average price target is $17.50, with a high forecast of $17.50 and a low forecast of $17.50. The average price target represents a 10.76% upside from the last price of $15.80.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in ACRES Commercial Realty.
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. 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.
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