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.
Frequently asked questions
What sector does ACRES Commercial Realty Corp (ACR-PC) operate in?
ACRES Commercial Realty Corp belongs to the Financials sector and operates in the REIT - Mortgage industry.
What is ACRES Commercial Realty Corp (ACR-PC) current stock price?
As of the latest data, ACRES Commercial Realty Corp stock price is $23.95, with a previous close of $23.94. ACRES Commercial Realty Corp gained $0.01 in the last trading session, representing a 0.04% increase.
What is ACRES Commercial Realty Corp (ACR-PC) current market capitalization?
ACRES Commercial Realty Corp market cap is approximately 748.07 million.
What is ACRES Commercial Realty Corp (ACR-PC) Earnings Per Share (EPS)?
The trailing EPS is $0.51.
What is ACRES Commercial Realty Corp (ACR-PC) Price-to-Earnings (P/E) ratio?
ACRES Commercial Realty Corp current P/E ratio is 47.24.
What is ACRES Commercial Realty Corp (ACR-PC) EBITDA?
ACRES Commercial Realty Corp EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 22.88 million.
Does ACRES Commercial Realty Corp (ACR-PC) pay dividends?
Yes. ACRES Commercial Realty Corp pays quarterly dividends with an annualized yield of 10.01% and an estimated annual payout of $2.40 per share.
When is the next ex-dividend date for ACRES Commercial Realty Corp (ACR-PC)?
The next ex-dividend date is scheduled for October 01, 2026.
What is ACRES Commercial Realty Corp (ACR-PC) beta (volatility) score?
ACRES Commercial Realty Corp has a beta of 1.094, meaning its volatility is roughly in line with the market.
