ACRES Commercial Realty Q4 2023 Adj EPS $0.55 Beats $0.47 Estimate, Sales $22.45M Beat $19.60M Estimate

2/28/24 4:48:28 PM ET

Real Estate Investment Trusts

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ACRES Commercial Realty (NYSE:ACR) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.47 by 17.02 percent. The company reported quarterly sales of $22.45 million which beat the analyst consensus estimate of $19.60 million by 14.52 percent. This is a 3.42 percent decrease over sales of $23.24 million the same period last year.

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Recent Analyst Ratings for
$ACR

Date	Price Target	Rating	Analyst
11/5/2021	$20.00 → $19.00	Market Outperform	JMP Securities

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ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024
UNIONDALE, N.Y., Oct. 30, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures, today reported results for the quarter ended September 30, 2024. ACR's GAAP net income allocable to common shares was $2.8 million, or $0.36 per share-diluted, for the quarter ended September 30, 2024. "We are proud of the diligent ef
10/30/24 4:15:00 PM ET
$ACR
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ACRES Commercial Realty Corp. to Report Results for Third Quarter 2024
UNIONDALE, N.Y., Oct. 16, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the third quarter 2024, on Wednesday, October 30, 2024, after the market closes. The Company invites investors and other interested parties to listen to its live conference call via telephone or webcast on Thursday, October 31, 2024, at 10:00 a.m. Eastern Time. The conference call can be accessed by dialing 1-800-274-8461 (U.S. domestic) or 1-203-518-9814 (International), Conference ID ACRES or from the investor relations
10/16/24 4:15:00 PM ET
$ACR
Real Estate Investment Trusts
Real Estate
ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
UNIONDALE, N.Y., Sept. 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock. The Company will pay a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock") in the amount of $0.6988981 per share, which reflects a rate of 11.18237%, equal to three-month Term SOFR on the dividend determination date plus a spread of 5.927% per annum. The floating rate period for dividends on the Series C Preferred
9/17/24 4:15:00 PM ET
$ACR
Real Estate Investment Trusts
Real Estate

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024
UNIONDALE, N.Y., Oct. 30, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) ("ACR" or the "Company"), a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures, today reported results for the quarter ended September 30, 2024. ACR's GAAP net income allocable to common shares was $2.8 million, or $0.36 per share-diluted, for the quarter ended September 30, 2024. "We are proud of the diligent ef
10/30/24 4:15:00 PM ET
$ACR
Real Estate Investment Trusts
Real Estate
ACRES Commercial Realty Corp. to Report Results for Third Quarter 2024
UNIONDALE, N.Y., Oct. 16, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the third quarter 2024, on Wednesday, October 30, 2024, after the market closes. The Company invites investors and other interested parties to listen to its live conference call via telephone or webcast on Thursday, October 31, 2024, at 10:00 a.m. Eastern Time. The conference call can be accessed by dialing 1-800-274-8461 (U.S. domestic) or 1-203-518-9814 (International), Conference ID ACRES or from the investor relations
10/16/24 4:15:00 PM ET
$ACR
Real Estate Investment Trusts
Real Estate
ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
UNIONDALE, N.Y., Sept. 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock. The Company will pay a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock") in the amount of $0.6988981 per share, which reflects a rate of 11.18237%, equal to three-month Term SOFR on the dividend determination date plus a spread of 5.927% per annum. The floating rate period for dividends on the Series C Preferred
9/17/24 4:15:00 PM ET
$ACR
Real Estate Investment Trusts
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ACRES Commercial Realty Q4 2023 Adj EPS $0.55 Beats $0.47 Estimate, Sales $22.45M Beat $19.60M Estimate

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Recent Analyst Ratings for $ACR

$ACR Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Large owner Eagle Point Credit Management Llc sold $18,181 worth of 8.625% Series C Preferred Stock (729 units at $24.94) (SEC Form 4)

Large owner Eagle Point Credit Management Llc sold $308,835 worth of 8.625% Series C Preferred Stock (12,394 units at $24.92) (SEC Form 4)

Large owner Eagle Point Credit Management Llc sold $2,489 worth of 8.625% Series C Preferred Stock (100 units at $24.89) (SEC Form 4)

$ACR Large Ownership Changes

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SEC Form SC 13D/A filed by ACRES Commercial Realty Corp. (Amendment)

SEC Form SC 13D/A filed by ACRES Commercial Realty Corp. (Amendment)

SEC Form SC 13G/A filed by ACRES Commercial Realty Corp. (Amendment)

$ACR Analyst Ratings

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JMP Securities reiterated coverage on ACRES Commercial Realty with a new price target

Raymond James reiterated coverage on ACRES Commercial Realty with a new price target

Raymond James reiterated coverage on ACRES Commercial Realty with a new price target

$ACR Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Eagle Point Credit Management Llc bought $163,982 worth of 8.625% Series C Preferred Stock (7,370 units at $22.25) (SEC Form 4)

Eagle Point Credit Management Llc bought $8,342 worth of shares (1,209 units at $6.90) (SEC Form 4)

Eagle Point Credit Management Llc bought $9,930 worth of 7.875% Series D Preferred Stock (561 units at $17.70) and bought $15,085 worth of 8.625% Series C Preferred Stock (700 units at $21.55) (SEC Form 4)

$ACR SEC Filings

SEC Form 10-Q filed by ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by ACRES Commercial Realty Corp.

$ACR Financials

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ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024

ACRES Commercial Realty Corp. to Report Results for Third Quarter 2024

ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock

ACRES Commercial Realty Corp. Announces the Appointment of Two New Members to its Board of Directors

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR THIRD QUARTER 2024

ACRES Commercial Realty Corp. to Report Results for Third Quarter 2024

ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock

ACRES Commercial Realty Q1 2024 Adj EPS $0.16 Misses $0.30 Estimate, Sales $18.768M Miss $21.550M Estimate

JMP Securities Maintains Market Outperform on ACRES Commercial Realty, Raises Price Target to $15.5

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