▲ +1.67% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Ares Commercial Real Estate in the last 3 months. The average price target is $11.60, with a high forecast of $16.50 and a low forecast of $9.00. The average price target represents a 1.67% upside from the last price of $11.41.
The current consensus among 5 investment analysts is to buy stock in Ares Commercial Real Estate. This Buy consensus rating has held steady for over two years.
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 products, real estate preferred equity investments, mezzanine loans, and other CRE investments, including commercial mortgage backed securities. Ares Commercial Real Estate Corporation 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 Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.