ACRES Commercial Realty (NYSE:ACR) Issues Earnings Results

ACRES Commercial Realty (NYSE:ACR) issued its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.15), FiscalAI reports. The company had revenue of $17.82 million for the quarter, compared to the consensus estimate of $20.55 million. ACRES Commercial Realty had a return on equity of 4.55% and a net margin of 31.78%.

Here are the key takeaways from ACRES Commercial Realty’s conference call:

• Completed $1 billion CRE securitization (ACRES 2026-FL4) with 86.5% leverage at SOFR+1.68% and a 30-month reinvestment period; ramp-up investments finished and the full run-rate benefit is expected in Q2.
• Announced the internalization/combination with ACRES, with management and employees to hold >40% of the combined company and asset-management fees flowing up to the public entity to support EAD and future dividends.
• Sold a Greater Philadelphia real estate asset for a $3.3 million GAAP gain, and management cites real estate gains, repurchases, and retained earnings as having increased book value 66% since 2020 to $29.98 per share.
• Grew the loan portfolio by $374.4 million to $2.2 billion across 60 loans, with a weighted average spread of 3.29% over one‑month SOFR and over half the portfolio protected by SOFR floors above 3%.
• GAAP net loss attributable to common of $1.0 million ($0.16/share) in Q1, driven by lower net interest income during the securitization ramp-up and lower fee recognition, and reported available liquidity of $87 million while management says the company is “fully invested.”

ACRES Commercial Realty Stock Performance

Shares of ACR stock traded up $0.87 during trading on Friday, hitting $21.96. The company’s stock had a trading volume of 36,040 shares, compared to its average volume of 21,570. The company has a market cap of $156.57 million, a PE ratio of 2,198.20 and a beta of 1.11. The company has a current ratio of 135.18, a quick ratio of 135.18 and a debt-to-equity ratio of 2.81. The business has a fifty day moving average of $19.32 and a 200-day moving average of $20.25. ACRES Commercial Realty has a 52 week low of $17.06 and a 52 week high of $24.61.

Analyst Ratings Changes

A number of analysts have commented on the company. Weiss Ratings lowered ACRES Commercial Realty from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 14th. Wall Street Zen raised ACRES Commercial Realty from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $24.50.

Insider Activity

In other news, major shareholder Eagle Point Credit Management sold 5,200 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $22.11, for a total value of $114,972.00. Following the completion of the transaction, the insider directly owned 746,233 shares of the company’s stock, valued at $16,499,211.63. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold 19,160 shares of company stock valued at $440,039 over the last three months. Corporate insiders own 3.92% of the company’s stock.

Hedge Funds Weigh In On ACRES Commercial Realty

Several institutional investors have recently modified their holdings of the business. Eagle Point Credit Management LLC bought a new position in shares of ACRES Commercial Realty in the fourth quarter valued at approximately $25,118,000. Vanguard Group Inc. lifted its stake in ACRES Commercial Realty by 3.1% in the third quarter. Vanguard Group Inc. now owns 383,696 shares of the company’s stock valued at $8,119,000 after purchasing an additional 11,465 shares during the last quarter. Geode Capital Management LLC lifted its stake in ACRES Commercial Realty by 125.1% in the second quarter. Geode Capital Management LLC now owns 137,996 shares of the company’s stock valued at $2,476,000 after purchasing an additional 76,688 shares during the last quarter. State Street Corp lifted its stake in ACRES Commercial Realty by 8.5% in the fourth quarter. State Street Corp now owns 86,053 shares of the company’s stock valued at $1,836,000 after purchasing an additional 6,713 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in ACRES Commercial Realty by 2.5% in the third quarter. Raymond James Financial Inc. now owns 80,129 shares of the company’s stock valued at $1,696,000 after purchasing an additional 1,979 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

About ACRES Commercial Realty

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. It invests in commercial real estate-related assets, 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 commercial mortgage-backed securities.