Ares Commercial Real Estate Corporation (NYSE:ACRE) latest PR states that its stakeholders will get cash payout of $0.26 per share. For the dividend payment, the record date is 2016-09-30, the payment date is 2016-10-17, and the ex-dividend date is 2016-09-28. This news was issued on 2016-08-05.
Shareholders of Ares Commercial Real Estate Corporation (NYSE:ACRE) will have to hold its stock till the ex-dividend date to be eligible for dividend. In last year the company paid a total dividend of $0.26 per share against the dividend payout of $0.26 a share in the comparable period, implying a difference of 0%.
The experts are predicting EPS of $0.39. Ares Commercial Real Estate Corporation (NYSE:ACRE) has a short-range price target of $13.166, which is the average price of the stock opinions given by 3 analysts. These experts have placed the target range of $13 to $13.5 for the next year. Due to this, the standard deviation is noted at $0.288 after considering all the price estimates.
It can be explained as the deviation between the bullish and bearish price target as given by analysts. For the period closed on 2015-12-31, Ares Commercial Real Estate Corporation (NYSE:ACRE) reported EPS of $0.21. The firm is likely to post financial figures for the quarter ending on 2016-09-30 on or around 2016-11-03.
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