Ares Commercial Real Estate Shares Down After Dividend Cut
Ares Commercial Real Estate shares were lower after the company reduced its dividend to 15 cents a share from 25 cents. The stock declined 12% to $5.34 Wednesday and is down about 9% this year. Based ...
Earnings call transcript: Ares Commercial Real Estate Q4 2024 sees stock dip despite revenue beat
Ares Commercial Real Estate (ACRE) reported a net loss for Q4 2024, with earnings per share (EPS) falling short of expectations. The company posted an EPS of -$0.20, missing the forecasted $0.06.
Ares Commercial Real Estate targets $100M cash from repayments while adjusting dividend to $0.15
Ares Commercial Real Estate Corporation (NYSE:ACRE) Q4 2024Management ViewCEO Bryan Donohoe highlighted a moderate recovery in ...
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White Oak Commercial Finance Provides $60MM Revolving Credit Facility to Leading Utility Construction and Infrastructure Company
White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, provided a $60 million revolving credit facility to a leading utility construction and infrastructure company in the ...
Tampa corporate landlord with ties to Hermès heirs settles fraud case
TAMPA — Four years ago, residents in the lower-income, largely Black and Hispanic neighborhoods near Busch Gardens were ...
Ares Commercial Real Estate Cuts Dividend by 40%
Ares Commercial Real Estate slashed its quarterly dividend by 40%, as the speciality finance company works to clean up its portfolio. Ares on Wednesday said it will now pay a quarterly dividend of 15 ...
Commonwealth Bank Well-Placed to Navigate Higher Credit Stress and Competitive Pricing
The risks are highlighted by Commonwealth Bank having spent and provisioned a collective AUD 4.1 billion on customer remediation between fiscal 2014 and 2023 and paying a civil penalty of AUD 700 ...