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ACRES Commercial Realty Corp

ACRES Commercial Realty Corp

ACR-PC · NYSE · Real Estate / REIT - Mortgage

16.65USD-0.32 (-1.89%)

Price History

Full chart

Market Stats

Previous Close16.97
Open16.83
Day Range16.50 – 17.09
52-Week Range22.90 – 25.20
Volume8.18K
Market Cap322.13M
P/E (TTM)45.96
Forward P/E0.00
EPS0.507
Dividend Yield10.31%
Beta1.06
50-Day Avg24.14
200-Day Avg24.84

About

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. The company invests in commercial real estate credit investments, 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 CRE whole loans, and equity investments. It 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.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Mark Steven Fogel
  • Employees0
  • Headquarters390 RXR Plaza, Uniondale, NY, United States, 11556, USA
  • Websitehttps://www.acresreit.com

Leadership

  • Mr. Andrew Dodd FentressChairman of the Board & MD of Capital Markets · b. 1970
  • Mr. Mark Steven FogelPresident, CEO & Director · b. 1969
  • Mr. Eldron C. BlackwellCFO & Senior VP · b. 1979
  • Ms. Linda M. KilpatrickVP, Chief Accounting Officer & Controller · b. 1973
  • Ms. Jaclyn Alyce JesbergerChief Legal Officer, Senior VP & Secretary · b. 1978
  • Mr. Kyle K. BrengelChief Operating Officer · b. 1991
  • Mr. Steven LandgraberSenior Vice President of Corporate Finance & Investor Relations Officer
  • Mr. Paul Andrew Hughson J.D.Executive VP of Commercial Real Estate Lending Business Division · b. 1962
  • Mr. George E. CarltonHead of CMBS Investing
  • Mr. Michael Anthony PierroSenior Vice President · b. 1972

Financials

Income Statement

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue18.64M-8.15M54.79M53.20M-29.77M60.39M94.16M107.72M91.59M112.30M123.92M62.68M45.96M36.62M56.47M-80.86M106.43M62.88M91.13M83.49M165.90M
Growth (%)--143.72%+772.55%-2.91%-155.95%+302.86%+55.93%+14.39%-14.97%+22.61%+10.34%-49.42%-26.67%-20.34%+54.23%-243.19%+231.63%-40.93%+44.94%-8.39%+98.71%
Cost of Revenue-1.88M2.91M2.91M---4.70M14.06M5.44M57.00K9.00K13.26M11.33M9.00M6.10M6.18M33.85M38.91M46.90M6.57M
Gross Profit18.64M24.87M51.88M50.29M52.71M85.33M95.98M103.02M77.53M106.86M123.86M108.44M32.71M25.29M56.47M-86.96M100.25M29.02M52.22M36.59M159.34M
Gross Margin100.00%-305.25%94.69%94.53%-177.06%141.31%101.93%95.64%84.65%95.15%99.95%173.01%71.16%69.06%100.00%107.55%94.19%46.16%57.30%43.83%96.04%
Operating Expense7.73M9.26M42.65M53.60M16.60M68.12M27.83M57.77M55.55M59.95M70.00M122.78M22.47M-6.96M20.51M56.35M-1.58M-59.33M31.55M24.99M56.95M
Operating Income10.91M15.61M9.23M-3.31M36.11M17.21M68.15M45.25M21.98M46.92M53.86M-14.33M10.24M32.24M35.97M-143.32M101.83M88.36M20.67M11.60M102.39M
Operating Margin58.53%-191.56%16.84%-6.23%-121.29%28.50%72.37%42.01%24.00%41.78%43.47%-22.87%22.27%88.07%63.69%177.24%95.68%140.52%22.68%13.89%61.71%
EBITDA13.72M19.34M134.88M79.69M-22.03M60.79M69.47M68.62M-10.51M107.21M73.22M13.73M89.82M93.21M38.21M-143.27M101.92M88.44M149.96M126.15M113.91M
EBITDA Margin73.63%-237.39%246.16%149.79%74.01%100.67%73.78%63.71%-11.47%95.47%59.08%21.90%195.41%254.56%67.66%177.18%95.76%140.66%164.56%151.10%68.66%
Net Income10.91M15.61M8.89M-3.07M6.34M19.45M37.72M64.44M46.45M61.20M10.55M-30.36M33.54M27.43M35.97M-197.71M33.92M10.62M22.39M29.27M21.32M
Net Income Margin58.53%-191.56%16.22%-5.78%-21.29%32.20%40.05%59.83%50.72%54.50%8.52%-48.44%72.96%74.91%63.69%244.51%31.87%16.90%24.57%35.06%12.85%
R&D----------000.460.220.252.450.320.070.1--
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%-0.00%0.00%0.00%0.00%--
Interest Expense43.06M101.85M121.56M79.62M45.43M36.47M32.19M42.79M61.01M45.47M65.65M53.75M57.66M67.62M83.84M58.01M61.58M82.32M130.79M116.09M85.94M
Interest Expense % of Total Revenue231.07%-1250.17%221.86%149.66%-152.60%60.39%34.18%39.73%66.61%40.49%52.98%85.75%125.44%184.67%148.46%-71.74%57.85%130.93%143.52%139.05%51.80%

Balance Sheet

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.05B1.80B2.07B1.94B1.80B1.93B2.30B2.48B2.15B2.73B2.76B2.05B1.91B2.13B2.45B1.65B2.28B2.38B2.20B1.88B2.16B
Total Liabilities1.85B1.49B1.80B1.75B1.57B1.59B1.87B1.86B1.38B1.78B1.93B1.35B1.24B1.58B1.90B1.32B1.84B1.94B1.75B1.43B1.61B
Total Equity195.33M317.55M271.61M186.31M228.83M348.33M429.69M613.35M773.92M935.52M818.86M704.30M671.48M553.82M556.40M334.38M448.19M435.47M435.80M439.13M420.80M
Cash17.73M5.35M6.03M14.58M51.99M29.49M43.12M85.28M262.27M79.91M78.76M116.03M181.49M82.82M79.96M29.36M35.50M66.23M83.45M56.71M85.96M
Total Debt1.83B1.35B1.76B1.70B1.54B1.54B1.81B1.79B1.32B1.72B1.90B1.19B1.16B1.55B1.88B1.31B1.82B1.91B1.72B1.41B1.59B
Net Debt1.82B1.34B1.75B1.69B1.48B1.51B1.77B1.70B1.06B1.64B1.82B1.08B982.00M1.47B1.80B1.28B1.78B1.84B1.64B1.35B1.50B

Cash Flow

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.22M12.87M23.38M50.95M46.62M20.53M33.04M41.00M68.42M-69.59M70.00M41.81M220.80M48.21M43.33M31.81M40.59M32.70M45.61M19.39M4.10M
Investing Cash Flow-2.01B246.89M-665.02M65.71M17.79M-47.42M-438.21M101.62M479.05M-389.13M-59.51M242.92M44.33M-347.23M-313.07M244.89M-390.50M-232.55M161.31M299.07M-224.23M
Financing Cash Flow2.04B-272.13M642.32M-108.10M-27.00M4.38M418.80M-100.46M-370.48M276.36M-11.64M-247.46M-199.67M190.13M268.69M-303.40M566.10M20.74M-219.85M-352.74M248.48M
Capital Expenditure5.00K6.00K000021.21M92.20M506.00K934.00K14.00K28.00K74.25M5.00K5.00K5.00K61.00K741.00K08.00K165.00K
Free Cash Flow-14.23M12.87M23.38M50.95M46.62M20.53M11.82M133.19M67.92M-70.53M69.98M41.78M295.05M48.21M43.33M31.80M40.53M31.96M45.61M19.38M3.94M
Dividends Paid7.84M24.53M37.97M41.17M18.00K-83.56M74.66M99.87M119.23M114.49M76.57M30.31M26.32M37.40M19.12M14.35M19.42M19.42M20.04M21.23M
FCF to OCF100.04%99.95%100.00%100.00%100.00%100.00%35.79%324.88%99.26%101.34%99.98%99.93%133.63%100.00%100.00%99.98%99.85%97.73%100.00%99.96%95.98%
Dividend Paid to FCF-55.11%190.67%162.40%80.80%0.04%-706.73%56.06%147.05%-169.06%163.60%183.24%10.27%54.61%86.31%60.11%35.40%60.78%42.58%103.43%539.17%

Earnings

Report DateMar 29, 2006May 8, 2006Aug 3, 2006Nov 6, 2006Mar 7, 2007May 7, 2007Aug 7, 2007Nov 16, 2007Mar 13, 2008May 6, 2008Aug 4, 2008Nov 5, 2008Mar 3, 2009May 5, 2009Aug 3, 2009Nov 2, 2009Mar 2, 2010Aug 2, 2010Nov 2, 2010May 2, 2011Aug 1, 2011Nov 2, 2011Mar 7, 2012May 2, 2012Jul 31, 2012Oct 30, 2012Mar 4, 2013May 7, 2013Aug 6, 2013Nov 5, 2013Feb 25, 2014May 6, 2014Aug 5, 2014Nov 3, 2014Feb 25, 2015May 5, 2015Aug 4, 2015Nov 3, 2015Feb 29, 2016May 2, 2016Aug 1, 2016Nov 13, 2016Mar 13, 2017May 9, 2017Aug 2, 2017Nov 2, 2017Mar 7, 2018May 3, 2018Aug 1, 2018Oct 30, 2018Mar 5, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Mar 3, 2020May 7, 2020Aug 5, 2020
EPS Estimate1.201.201.380.951.401.551.701.621.661.681.631.491.561.281.361.281.121.081.000.860.900.920.920.920.780.760.760.840.680.640.320.340.480.330.370.330.390.360.330.330.400.28-0.46-0.06-0.06-0.07-0.07-0.240.110.210.230.230.230.280.300.300.18
EPS Actual1.281.241.36-0.561.441.521.56-2.241.841.681.481.761.76-0.680.68-0.281.361.200.800.560.520.400.280.640.800.800.560.440.200.72-0.040.480.440.240.200.28-0.960.210.030.31-0.05-1.69-0.31-0.11-0.10-0.36-0.020.030.200.240.240.250.280.310.230.230.24
Surprise6.67%3.33%-1.45%-158.95%2.86%-1.94%-8.24%-238.27%10.84%0.00%-9.20%18.12%12.82%-153.13%-50.00%-121.88%21.43%11.11%-20.00%-34.88%-42.22%-56.52%-69.57%-30.43%2.56%5.26%-26.32%-47.62%-70.59%12.50%-112.50%41.18%-8.33%-27.27%-45.95%-15.15%-346.15%-41.67%-90.91%-6.06%-112.50%-703.57%32.61%-83.33%-66.67%-414.29%71.43%112.50%81.82%14.29%4.35%8.70%21.74%10.71%-23.33%-23.33%33.33%
Timing---------------------------------------------------------

Key Statistics & Ratios

Market Cap322.13M
Enterprise Value2.09B
Trailing P/E45.96
Forward P/E0.00
Price / Sales0.00
Price / Book0.00
EPS0.507
Book Value58.41
Revenue (TTM)84.41M
Gross Profit (TTM)39.54M
Profit Margin16.56%
Operating Margin-2.19%
Return on Equity5.46%
Return on Assets1.27%
Shares Outstanding31.23M
Shares Float1.10M
Beta1.06
Dividend Yield10.31%
Dividend Rate2.42
Payout Ratio0.00%

Ownership Breakdown

Institutions
10.69%
Insiders
0.00%
Retail / Other
89.31%

Top Institutional Holders

  • Cygnus Capital Advisors, LLC
    00.00%

Dividends

20264×
0.61Oct 1, 20260.60Jul 1, 20260.60Apr 1, 20260.61Jan 2, 2026
20254×
0.64Oct 1, 20250.64Jul 1, 20250.64Apr 1, 20250.66Jan 2, 2025
20243×
0.70Oct 1, 20240.54Jul 1, 20240.54Mar 28, 2024
20234×
0.54Dec 29, 20230.54Sep 29, 20230.54Jun 30, 20230.54Mar 31, 2023
20224×
0.54Dec 29, 20220.54Sep 30, 20220.54Jun 30, 20220.54Mar 31, 2022
20214×
0.54Dec 31, 20210.54Sep 30, 20210.54Jun 30, 20210.54Mar 31, 2021
20201×
0.54Dec 31, 2020