ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. is a real estate investment trust, which engages in the origination, holding, and management of commercial mortgage loans, and commercial real estate related debt investments. The company was founded in 2005 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ACRES Commercial Realty Corp. reports robust Q4 performance and optimistic 2023 outlook

ACRES Commercial Realty Corp. (ACR) showcased a strong performance in Q4 2022, focusing on loan originations, portfolio health, and financial stability.
Despite challenges with a specific credit event, ACR demonstrated resilience in managing its portfolio and addressing market uncertainties.
With opportunities for growth through strategic asset management and positive projections for 2023, ACR remains committed to delivering shareholder value.

ACRES Commercial Realty Corp. reports gains amidst challenges, eyes growth

ACRES Commercial Realty Corp. reported positive gains from real estate investments despite challenges like a GAAP net loss and real estate investment losses, showcasing a strategic focus on asset quality and shareholder value.
The company's detailed financial results, updated guidance, and emphasis on efficient financing and growth opportunities highlight a proactive approach to navigating market dynamics and driving long-term success.
Analyst questions provided insights into the company's operational strategies, capital allocation decisions, and future growth prospects, indicating a transparent and forward-thinking approach to addressing challenges and seizing opportunities.
ACRES Commercial Realty Corp.'s commitment to transparency, performance, and value creation underscores its resilience in the face of challenges and its readiness to capitalize on opportunities for sustainable growth and profitability.

ACRES Commercial Realty Corp. reports solid Q2 earnings and growth opportunities

ACRES Commercial Realty Corp. delivered a solid performance in Q2 2023, with a focus on portfolio quality, earnings growth, and strategic investments.
The company's strengths lie in its commitment to high credit quality assets, proactive risk management, and enhancing shareholder value through disciplined capital allocation.
While facing challenges in market uncertainties and risk management, ACRES Commercial Realty Corp. has opportunities to capitalize on growth in multifamily real estate and optimize returns for shareholders.

ACRES Commercial Realty Corp. reports stable Q3 earnings and transitions CFO

ACRES Commercial Realty Corp. delivered a stable performance in Q3, with a focus on maintaining a robust loan portfolio and managing credit risks.
While facing challenges in forward-looking projections and credit risk management, the company's strengths in asset value and leadership transitions provide a solid foundation.
Exploring growth opportunities through strategic investments and operational enhancements could drive future financial success for ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. reports Q4 performance, addresses challenges and opportunities

ACRES Commercial Realty Corp. navigated Q4 2023 with a focus on credit quality and strategic financial management, achieving a GAAP net income of $1.7 million.
While facing challenges such as a decrease in the loan portfolio and increased net loss from real estate investments, the company maintains a proactive stance on risk management.
Opportunities lie in optimizing investment performance, maintaining stable financial performance through interest rate cap maturities, and exploring avenues for growth and shareholder value enhancement.

ACRES Commercial Realty Corp. reports stable Q1 performance and capital return focus

ACRES Commercial Realty Corp. navigated Q1 2024 with a focus on loan portfolio management, maintaining book value, and returning capital to shareholders. Despite challenges in asset sales and inquiries from analysts, the company's performance and liquidity position remained stable.

ACRES Commercial Realty Corp. reports stable Q3 performance and growth strategies

ACRES Commercial Realty Corp. navigated Q3 with a focus on loan operations, real estate investments, and maintaining financial stability.
While facing challenges such as foreclosures and credit risks, the company capitalized on opportunities to drive earnings growth and enhance shareholder value.
Strategic initiatives to monetize assets, optimize dividends, and expand loan originations position ACR for future market competitiveness and growth.
Investor interest remains high as ACR demonstrates resilience in managing its investment portfolio and pursuing profitable asset monetization.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

UNIONDALE, N.Y. , Dec. 19, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its board of directors (the "Board") authorized and approved the continued use of its existing share repurchase program to repurchase an additional $5 million of the outstanding shares of both its common and preferred stock.

ACRES Commercial Realty Corp. Reauthorizes an Additional $5 Million Share Repurchase Program

UNIONDALE, N.Y. , Dec. 19, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock.

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

Realty Income Corp

SL Green Realty

Investing in real estate investment trusts (REITs) is an excellent option for long-term investors looking to create meaningful passive income streams in retirement.

The Only 3 REITs You Need to Own In Your Lifetime

ACRES Commercial Realty Corp. (NYSE:ACR ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Kyle Brengel - VP of Operations Mark Fogel - President and CEO Eldron Blackwell - CFO Andrew Fentress - Chairman Conference Call Participants Matthew Erdner - Jones Trading Stephen Laws - Raymond James Chris Muller - Citizens JPM Operator Good day, ladies and gentlemen, and welcome to the Third Quarter 2024 ACRES Commercial Realty Corp. Earnings Conference Call. Currently, all participants are in a listen-only mode.

ACRES Commercial Realty Corp. (ACR) Q3 2024 Earnings Call Transcript

ACRES Commercial (ACR) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.73 per share a year ago.

ACRES Commercial (ACR) Lags Q3 Earnings and Revenue Estimates

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.

ACRES COMMERCIAL REALTY CORP. REPORTS 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.

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

ACRES Commercial Realty is trading for 66 cents on the dollar. The mREIT continues to buy back shares and has $4.1 million outstanding on its buyback program. CECL reserve and the CRE loan portfolio risk rating were both up sequentially.

ACRES Commercial Realty: Will The Dividend Be Reinstated?

ACRES Commercial Realty Corp. (NYSE:ACR ) Q2 2024 Earnings Call Transcript August 1, 2024 10:00 AM ET Company Participants Kyle Brengel - VP of Operations Mark Fogel - President and CEO Eldron Blackwell - CFO Andrew Fentress - Chairman Conference Call Participants Stephen Laws - Raymond James Chris Muller - Citizens JMP Operator Good day, ladies and gentlemen, and welcome to the Second Quarter 2024 ACRES Commercial Realty Corp. Earnings Conference Call. Currently, all participants are in a listen-only mode.

ACRES Commercial Realty Corp. (ACR) Q2 2024 Earnings Call Transcript

ACRES Commercial (ACR) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.60 per share a year ago.

ACRES Commercial (ACR) Q2 Earnings Top Estimates

UNIONDALE, N.Y. , July 31, 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 June 30, 2024.

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR SECOND QUARTER 2024

Investors need to pay close attention to ACRES Commercial (ACR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in ACRES Commercial (ACR) Stock?

UNIONDALE, N.Y. , July 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the second quarter 2024, on Wednesday, July 31, 2024, after the market closes.

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

American Woodmark

ASGN

ASGN, AMWD and ACR have been added to the Zacks Rank #5 (Strong Sell) List on June 5, 2024.

New Strong Sell Stocks for June 5th

ACRES Commercial Realty Corp. (NYSE:ACR ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Kyle Brengel - VP, Operations Mark Fogel - President & CEO Eldron Blackwell - CFO Andrew Fentress - Chairman Conference Call Participants Stephen Laws - Raymond James Chris Muller - Citizens JMP Securities Operator Good day, ladies and gentlemen, and welcome to the First Quarter 2024 ACRES Commercial Realty Corp Earnings Conference Call. Currently, all participants are in a listen-only mode.

ACRES Commercial Realty Corp. (ACR) Q1 2024 Earnings Call Transcript

ACRES Commercial (ACR) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.52 per share a year ago.

ACRES Commercial (ACR) Q1 Earnings and Revenues Miss Estimates

UNIONDALE, N.Y. , May 1, 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 March 31, 2024.

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FIRST QUARTER 2024

UNIONDALE, N.Y. , April 17, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the first quarter 2024, on Wednesday, May 1, 2024, after the market closes.

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

ACRES Commercial Realty is trading at a material discount to GAAP book value per share of $26.65 at the end of its fiscal 2023 fourth quarter. The mREIT's focus on multifamily loans means it's less exposed to office real estate as implied by the discounting of the commons. ACR's Series C preferreds are set to float at a materially higher coupon in a few months.

ACRES Commercial Realty: The Discount To Book Value Is Too Much

ACRES Commercial Realty (ACR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

ACRES Commercial Realty (ACR) Surges 9.7%: Is This an Indication of Further Gains?

PIMCO Corporate & Income Opportunity Fund

When others panic, the calm ones can find outstanding opportunities. I am locking in fantastic yields for dividends I'll be paid for decades to come. We take a deeper look at two opportunities.

I Am Buying The Dip: 2 Big Fat Dividends

ACRES Commercial (ACR) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.60 per share a year ago.

ACRES Commercial (ACR) Misses Q4 Earnings and Revenue Estimates

UNIONDALE, N.Y. , Feb. 28, 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 and year ended December 31, 2023.

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FOURTH QUARTER 2023 AND YEAR ENDED DECEMBER 31, 2023

UNIONDALE, N.Y. , Feb. 14, 2024 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that it will release its results for the fourth quarter and year ended December 31, 2023, on Wednesday, February 28, 2024, after the market closes.

ACRES Commercial Realty Corp. to Report Results for Fourth Quarter and Year Ended December 31, 2023

Ladder Capital

MFA Financial

High rates, credit spread volatility, spread widening and yield curve inversion challenge the Zacks REIT and Equity Trust industry. Amid this, LADR, MFA and ACR are poised to navigate industry hiccups.

News for ACRES Commercial Realty Corp. Stock (ACR)