ACRES Commercial Realty Corp. posted a disappointing Q2 2026, with book value dropping 10% to $26.76/share. Management internalization drove significant one-time costs, with $4.9M in equity compensation and $5.1M in merger expenses impacting net income. The capital structure is unusually preferred-heavy, with $224M in preferred equity versus $189M in common, raising concerns for preferred holders.
ACRES Commercial Realty Corp. (ACR) Q2 2026 Earnings Call Transcript
ACRES Commercial (ACR) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of $0.11. This compares to earnings of $0.04 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1 | $21 | $17.51 | -$3.49 | -16.62% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 362 | $7,725.08 | $6,295.18 | -$1,429.9 | -18.51% |
Lukas Lindgren Abound Wealth Management | 85 | $1,799 | $1,478.15 | -$320.85 | -17.83% |
Alexandra Stickelman Root Financial Partners, LLC | 4 | $77 | $72.44 | -$4.56 | -5.92% |
Alan Gilmore Private Wealth Management Group, LLC | 64 | $1,346.28 | $1,139.2 | -$207.08 | -15.38% |
| Mortgage Real Estate Investment Trusts (REITs) Industry | Financials Sector | Mark Steven Fogel CEO | NYSE Exchange | 00489Q102 CUSIP |
| US Country | 4 Employees | 28 Apr 2020 Last Dividend | 1 Sep 2015 Last Split | - IPO Date |
ACRES Commercial Realty Corp. operates as a Real Estate Investment Trust (REIT) concentrating on the origination, holding, and management of commercial real estate mortgage loans and other related debt investments within the United States. As a REIT, ACRES Commercial Realty Corp. is primarily engaged in investing in a diverse portfolio of commercial real estate assets. For federal income tax purposes, the company is structured to qualify as a REIT, which allows it to avoid federal corporate income taxes on the condition that it distributes at least 90% of its taxable income to its shareholders. Originally known as Exantas Capital Corp., the entity underwent a name change to ACRES Commercial Realty Corp. in February 2021. Incorporated in 2005, its headquarters are located in Uniondale, New York.
ACRES Commercial Realty Corp. offers a wide range of investment products and services centered around commercial real estate, including: