Analyst Price Target is $7.10
▼ -0.98% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Ares Commercial Real Estate in the last 3 months. The average price target is $7.10, with a high forecast of $8.00 and a low forecast of $6.50. The average price target represents a -0.98% upside from the last price of $7.17.
Current Consensus is
Reduce
The current consensus among 7 contributing investment analysts is to reduce stock in Ares Commercial Real Estate. This rating has held steady since February 2024, when it changed from a Hold consensus rating.
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt and preferred equity products, mezzanine loans, and other CRE investments, including commercial mortgage-backed securities. It has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Corporation was incorporated in 2011 and is based in New York, New York.
Read More