Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
69.65M | 1.10M | 109.05M | 102.07M | 78.69M | Gross Profit |
69.65M | -93.24M | 56.48M | 83.51M | 40.38M | EBIT |
59.19M | -11.71M | 96.25M | 61.18M | 22.19M | EBITDA |
0.00 | 0.00 | 95.22M | 61.18M | 0.00 | Net Income Common Stockholders |
-34.99M | -38.87M | 29.79M | 60.46M | 21.84M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
72.48M | 110.46M | 2.41B | 50.62M | 74.78M | Total Assets |
1.75B | 2.28B | 2.52B | 2.63B | 1.93B | Total Debt |
1.17B | 1.62B | 1.74B | 1.08B | 1.33B | Net Debt |
1.11B | 1.51B | 1.60B | 1.03B | 1.25B | Total Liabilities |
1.21B | 1.65B | 1.78B | 1.95B | 1.46B | Stockholders Equity |
540.13M | 625.85M | 747.54M | 678.63M | 473.01M |
Cash Flow | Free Cash Flow | |||
35.55M | 46.79M | 57.16M | 48.21M | 31.49M | Operating Cash Flow |
35.55M | 46.79M | 57.16M | 48.35M | 31.76M | Investing Cash Flow |
427.91M | 127.46M | 193.17M | -699.68M | -81.87M | Financing Cash Flow |
-507.63M | -205.07M | -159.67M | 627.17M | 119.25M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | $6.67B | 17.96 | 5.55% | 9.72% | -0.97% | 3.75% | |
69 Neutral | $748.47M | 57.64 | 2.50% | 9.21% | -10.24% | ― | |
61 Neutral | $1.37B | ― | -6.02% | 12.13% | -9.71% | -426.57% | |
61 Neutral | $4.76B | 18.36 | -3.12% | 9.69% | 6.41% | -20.98% | |
60 Neutral | $3.49B | ― | -5.01% | 10.72% | -12.86% | -182.05% | |
60 Neutral | $689.34M | 11.39 | 6.45% | 11.28% | -10.05% | ― | |
51 Neutral | $266.06M | ― | -6.00% | 21.28% | -52.08% | 10.36% |
Ares Commercial Real Estate Corporation reported a GAAP net loss of $10.7 million for the fourth quarter of 2024 and $35.0 million for the full year. In response to the financial results and a more flexible balance sheet, the company has reduced its quarterly dividend to $0.15 per share for the first quarter of 2025. Additionally, the company has improved its liquidity position by collecting $166 million in repayments, increasing available capital to over $200 million. This increase is intended to enhance the company’s ability to address underperforming loans and optimize financial outcomes. Ares has also made progress in resolving risk-rated loans, reducing them by 34% over the past year.