ACR

Earnings Release Announcement: ACRES Commercial Realty Corp. will release its first quarter 2025 results on April 30, 2025, and will host a conference call on May 1, 2025, at 10:00 a.m. Eastern Time for investors and interested parties.

Company Overview: ACRES Commercial Realty Corp. is a real estate investment trust focused on managing commercial real estate mortgage loans and equity investments, externally managed by ACRES Capital, LLC.

Dividend Announcement: ACRES Commercial Realty Corp. declared cash dividends for its Preferred Stock, including $0.6383681 per share for the Series C Preferred Stock and $0.4921875 per share for the Series D Preferred Stock, both payable on April 30, 2025, to holders of record on April 1, 2025.

Company Overview: ACRES Commercial Realty Corp. is a real estate investment trust focused on managing commercial real estate mortgage loans and equity investments, externally managed by ACRES Capital, LLC.

Company Announcement: ACRES Commercial Realty has fully repurchased assets from its 2021-FL1 and 2021-FL2 securitizations, eliminating its JP Morgan warehouse facility balance, and secured a new $940 million managed facility with JP Morgan Chase Bank for commercial mortgage loan investments.

Management Statement: CEO Mark Fogel expressed satisfaction with the redemption of CRE securitizations and the new financing arrangement, highlighting its role in diversifying capital sources and enhancing business strategy execution.

Buyback Strategy Importance: Companies that effectively repurchase their shares can significantly enhance long-term shareholder value, as demonstrated by successful examples like Apple and AutoZone, which have seen substantial stock price appreciation through disciplined buyback programs.

Current Buyback Opportunities: Five companies—Adtalem Global Education, TEGNA, ACRES Commercial Realty, Dropbox, and United Parks & Resorts—are highlighted for their aggressive share repurchase initiatives, indicating potential for strong returns for investors willing to look beyond short-term market fluctuations.

Financial Performance: ACRES Commercial Realty Corp reported a GAAP net income of $4.1 million or $0.52 per share-diluted for the fourth quarter of 2024, highlighting proactive management and growth intentions in their loan portfolio for 2025.

Earnings Call Announcement: The company will host a live conference call on March 6, 2025, to discuss its operating results, with details available on their website for those unable to attend live.

Earnings Performance: ACRES Commercial (ACR) reported quarterly earnings of $0.48 per share, significantly exceeding the Zacks Consensus Estimate of $0.22, although revenues of $8.6 million fell short of expectations by 15.73%.

Market Outlook: Despite outperforming the S&P 500 with a 26.9% increase in shares this year, the stock holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market, while industry outlook remains weak as the REIT and Equity Trust sector ranks in the bottom 24% of Zacks industries.

Insider Trading Activity: Point Credit Management LLC Eagle sold 5,728 shares of $ACR, reducing their ownership to 428,846 shares, with all recent insider trades being sales (110 in total) over the past six months.

Institutional Investor Movements: In the last quarter, 16 institutional investors increased their positions in $ACR while another 16 decreased theirs, indicating mixed sentiment among large shareholders.

Share Repurchase Program: ACRES Commercial Realty Corp. has authorized an additional $5 million for its existing share repurchase program, which will be executed through various methods in compliance with federal securities laws.

Company Overview: ACRES Commercial Realty Corp. is a real estate investment trust focused on commercial real estate mortgage loans and equity investments, managed by ACRES Capital, LLC, specializing in middle market CRE lending across multiple property types.

Dividend Announcement: ACRES Commercial Realty Corp. declared cash dividends for its Preferred Stock, with $0.6572606 per share for the 8.625% Series C and $0.4921875 per share for the 7.875% Series D, both payable on January 30, 2025.

Company Overview: ACRES Commercial Realty Corp. is a real estate investment trust focused on managing commercial real estate mortgage loans and equity investments, externally managed by ACRES Capital, LLC.

Financial Results: ACRES Commercial Realty Corp reported a GAAP net income of $2.8 million, or $0.36 per diluted share, for the quarter ending September 30, 2024, highlighting the company's commitment to maintaining a high-quality investment portfolio.

Earnings Call Announcement: The company will host a live conference call on October 31, 2024, at 10:00 a.m. Eastern Time to discuss its third quarter operating results, with details available on their website.

BrightSpire Earnings Performance: BrightSpire (BRSP) reported quarterly earnings of $0.21 per share, exceeding expectations and marking a 10.53% surprise, while Colony Credit missed revenue estimates with $20.73 million, down from $31.98 million year-over-year.

Future Outlook for Colony Credit: Colony Credit's stock has underperformed this year, and its future performance will depend on earnings estimate revisions; currently, it holds a Zacks Rank #3 (Hold), indicating expected market performance.

Earnings Release Announcement: ACRES Commercial Realty Corp. will release its third quarter 2024 results on October 30, 2024, after market close, with a conference call scheduled for October 31, 2024, at 10:00 a.m. ET.

Company Overview: ACRES Commercial Realty Corp. is a real estate investment trust focused on managing commercial real estate mortgage loans and equity investments, primarily in multifamily, student housing, hospitality, industrial, and office properties across the U.S.

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Analyst Rating and Performance: JMP Securities analyst Chris Muller maintains a Buy rating on ACRES Commercial Realty (ACR) with a price target of $17.50, while the stock closed at $15.82. The company reported a quarterly revenue of $12.15 million and a net profit of $1.65 million for the quarter ending June 30.

Insider Sentiment: Recent insider activity indicates negative sentiment towards ACRES Commercial Realty, with an increase in insiders selling shares compared to earlier this year, despite a Moderate Buy consensus rating from analysts.

Dividend Announcement: ACRES Commercial Realty Corp. declared cash dividends for its Preferred Stock, including $0.6988981 per share for the 8.625% Series C and $0.4921875 per share for the 7.875% Series D, both payable on October 30, 2024.

Company Overview: ACRES Commercial Realty Corp. is a real estate investment trust focused on managing commercial real estate mortgage loans and equity investments, externally managed by ACRES Capital, LLC.

Financial Performance: ACRES Commercial Realty Corp. reported a GAAP net income of $1.7 million for Q2 2024, with a focus on improving credit quality and managing its loan portfolio, which saw a net decrease due to loan payoffs.

Strategic Outlook: The company is considering asset sales and dividend reinstatement as part of its growth strategy, while actively managing real estate investments, including a student housing project at Florida State University that is nearing completion.

Earnings Overview: ACRES Commercial Realty Corp. reported a GAAP net income of $1.7 million for Q2 2024, with a focus on maintaining a high-quality investment portfolio and managing loan operations effectively, despite a decrease in the loan portfolio due to payoffs.

Future Plans and Strategies: The company aims to monetize several real estate investments, including a student housing project at Florida State University, while also exploring new loan origination opportunities and considering the reinstatement of dividends as they manage capital deployment strategies.

Earnings Performance: ACRES Commercial (ACR) reported quarterly earnings of $0.51 per share, exceeding expectations and showing a 45.71% surprise, although revenues fell short at $10.76 million compared to the previous year.

Market Outlook: The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market, while future estimates for earnings and revenues will be closely monitored following the recent earnings report.

Quarterly Financial Results: ACRES Commercial Realty Corp reported a GAAP net income of $1.7 million, or $0.21 per diluted share, for the quarter ending June 30, 2024, highlighting the team's effective management of their investment portfolio.

Earnings Call Announcement: The company will host a live conference call on August 1, 2024, at 10:00 a.m. Eastern Time to discuss its second quarter operating results, with details available on their website.

ACRES Commercial Realty Q1 2024 Earnings Report:

• Reported earnings per share of 16 cents, below the analyst estimate of 46 cents.
• Revenue was $18.77 million, 14.30% lower than the analyst estimate of $21.90 million.

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