ACRES Commercial Realty Corp. is 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 properties through direct ownership and joint ventures. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender exclusively dedicated to nationwide middle market commercial real estate lending with a focus on multifamily, student housing, hospitality, industrial and office property in top U.S. markets. For more information, please visit the Company’s website at www.acresreit.com or contact investor relations at IR@acresreit.com.
Company profile
Ticker
ACR, ACR-PC, ACR-PD
Exchange
Website
CEO
Robert Lieber
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Exantas Capital Corp., Resource Capital Corp.
SEC CIK
Corporate docs
Subsidiaries
112-122 Broad Street Holdings, LLC • 2501-2901 Renaissance JV, LLC • 2901 Renaissance Holdings • 2901 Renaissance, LLC • 209 West Jackson Holdings, LLC • ACRES 2100 Holdings, LLC • ACRES Commercial Realty 2021-FL1 Holder, LLC • ACRES Commercial Realty 2021-FL1 Issuer, Ltd. • ACRES Commercial Realty 2021-FL1 Co-Issuer, LLC • ACRES Commercial Realty 2021-FL2 Holder, LLC ...
IRS number
202287134
ACR stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
2 May 24
8-K
Reports Results for Earnings Call Details
1 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Changes in Registrant's Certifying Accountant
26 Apr 24
S-3
Shelf registration
1 Apr 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
Reports Results for Earnings Call Details
28 Feb 24
8-K
Departure of Directors or Certain Officers
16 Feb 24
Transcripts
ACR
Earnings call transcript
2023 Q4
29 Feb 24
ACR
Earnings call transcript
2023 Q3
2 Nov 23
ACR
Earnings call transcript
2023 Q2
3 Aug 23
ACR
Earnings call transcript
2023 Q1
4 May 23
ACR
Earnings call transcript
2022 Q4
2 Mar 23
ACR
Earnings call transcript
2022 Q3
3 Nov 22
ACR
Earnings call transcript
2022 Q2
6 Aug 22
ACR
Earnings call transcript
2022 Q1
5 May 22
ACR
Earnings call transcript
2021 Q4
4 Mar 22
ACR
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
SC 13D/A
ACRES Share Holdings, LLC
14 Feb 24
SC 13G/A
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
14 Feb 24
5
Annual statement of changes in insider ownership
13 Feb 24
SC 13G/A
Eagle Point Credit Management LLC
13 Feb 24
3
Linda M Kilpatrick
2 Jan 24
4
Change in insider ownership
5 Dec 23
4
Change in insider ownership
25 Oct 23
4
Change in insider ownership
17 Oct 23
4
Change in insider ownership
6 Oct 23
4
Change in insider ownership
3 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q4 2023
23.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 2 |
Closed positions | 28 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 148.03 mm |
Total shares | 1.80 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Eagle Point Credit Management | 1.19 mm | $0.00 |
ACRES Share | 600.00 k | $7.11 mm |
Wiley Bros.-aintree Capital | 11.84 k | $113.90 mm |
Nisa Investment Advisors | 2.80 k | $26.97 mm |
Global Retirement Partners | 3.00 | $29.00 k |
AdvisorNet Financial | 2.00 | $19.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Dec 23 | Eagle Point Credit Management | 8.625% Series C Preferred Stock | Buy | Acquire P | Yes | No | 22.25 | 7,370 | 163.98 k | 691,836 |
28 Nov 23 | Eagle Point Credit Management | 8.625% Series C Preferred Stock | Buy | Acquire P | Yes | No | 21.94 | 276 | 6.06 k | 691,836 |
23 Oct 23 | Eagle Point Credit Management | Common Stock, $0.001 par value | Buy | Acquire P | Yes | No | 6.9 | 1,209 | 8.34 k | 1,191,307 |
17 Oct 23 | Eagle Point Credit Management | 8.625% Series C Preferred Stock | Buy | Acquire P | Yes | No | 21.55 | 700 | 15.09 k | 684,190 |
13 Oct 23 | Eagle Point Credit Management | 7.875% Series D Preferred Stock | Buy | Acquire P | Yes | No | 17.7 | 561 | 9.93 k | 1,020,135 |
News
ACRES Commercial Realty Q1 2024 Adj EPS $0.16 Misses $0.30 Estimate, Sales $18.768M Miss $21.550M Estimate
1 May 24
11 Financials Stocks Moving In Monday's Pre-Market Session
4 Mar 24
ACRES Commercial Realty: Q4 Earnings Insights
28 Feb 24
ACRES Commercial Realty Q4 2023 Adj EPS $0.55 Beats $0.47 Estimate, Sales $22.45M Beat $19.60M Estimate
28 Feb 24
Earnings Scheduled For February 28, 2024
28 Feb 24
Press releases
ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FIRST QUARTER 2024
1 May 24
ACRES Commercial Realty Corp. to Report Results for First Quarter 2024
17 Apr 24
ACRES Commercial Realty Corp. Declares Quarterly Cash Dividends for its Preferred Stock
20 Mar 24
ACRES Commercial Realty Corp. to Report Results for Fourth Quarter and Year Ended December 31, 2023
14 Feb 24