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/ACR
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Acres Commercial Realty Corp

Acres Commercial Realty Corp

ACR
$13.56USD↓-0.73%-0.10 today

MARKET CAP

182.4M

P/E (TTM)

19.7x

FWD P/E

—

DAY RANGE

$13 – $14

52W RANGE

$13
$25

AI Summary

Stalk
StalkMedium

ACR remains in an early, fragile Stage 1 consolidation following the mid-June capitulation low. The long-term uptrend is intact, and medium-term bias is bullish given the Post-Capitulation base and supply exhaustion. However, price is currently extended above the rising 9EMA and 21EMA, so under a defensive approach we defer new long exposure and await a pullback into these EMAs before initiating.

  • ↑Q4 2025 new loan commitments reached $571M; $500–700M growth pipeline for 2026.
  • ↑Management internalization approved by 99% of shareholders to reduce costs, boost agility.
  • ↓Q2 2026 GAAP net loss of $12.5M driven by internalization transaction costs.
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The case for & against

Bull & Bear analysis

Bullish

ACRES Commercial Realty Corp. (ACR) operates primarily in the commercial real estate lending sector, focusing on originating high-quality loans secured by income-generating properties. The company is involved in a transformational phase marked by the internalization of management and a strategic pivot towards maximizing shareholder value through disciplined lending practices and proactive asset management. As part of a broader trend in the REIT sector, ACR is preparing to enhance its operational efficiencies and capture profitable market opportunities within the commercial real estate landscape.

Bull says

  • ↑Q4 2025 new loan commitments reached $571M; $500–700M growth pipeline for 2026.
  • ↑Management internalization approved by 99% of shareholders to reduce costs, boost agility.
  • ↑Decreasing CECL reserves and robust underwriting show improving credit quality management.
  • ↑Executed $10M buybacks at discount; dividend yield sustained at 1.25%.
  • ↑High book-to-price ratio signals undervaluation; strong dividend yield attracts income investors.
  • ↑Low share volatility and positive growth metrics support stable upside potential.

Bear says

  • ↓Q2 2026 GAAP net loss of $12.5M driven by internalization transaction costs.
  • ↓Leverage ratio rose to 3.4×; credit loss reserves increased to $21.1M (0.99% of portfolio).
  • ↓Labor strikes hindering REO sales may reduce liquidity and asset turnover.
  • ↓Ongoing internalization costs risk further earnings dilution and delayed benefits realization.
  • ↓Tightening multifamily spreads and rising competition may cap revenue and income growth.
  • ↓Weak earnings yield, low profitability and high leverage signal financial stress.

Investment themes with ACR

Mortgage REITs↓ -0.79%

NLY · AGNC · STWD

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-15-2026bullish

Transcript signals

Bull points

  • The second quarter marked a turn as the portfolio increased in size once again. We expect to continue redeploying equity capital from the sale of our investments into new loans. The Acres platform is active in the marketplace and working closely with our sponsors to provide them the value-add capital they need for success.
  • So we think we can get leverage up to the kind of three and a half, perhaps four turns comfortably using mostly obviously non-recourse series CLO financing. And in doing so, you know, get the book to where it's generating the earnings necessary to hit the numbers that are on the slide that you referenced. So that's the objective, and as Mark talked about adding to the loan book, that's how we get there.
  • The Acres team remains focused on executing on our business strategy by building a pipeline of high-quality investments, actively managing the portfolio, and focusing on growth in both earnings and book value for our shareholders.

Bear points

  • Gap net loss allocable to common shares in the second quarter was $732,000, or a loss of 10 cents per share diluted.
  • Gap book value per share was $27.93 on June 30th versus $28.50 on March 31st.
  • Our gap debt-to-equity leverage ratio slightly increased to three times at June 30th from 2.9 times at March 31st.
Read full transcript analysis ›