Acres Commercial Realty Corp. (ACR)
ACRES Commercial Realty Corp. (ACR) Q1 2026 Earnings Call Transcript
ACRES Commercial Realty Corp. (ACR) Q1 2026 Earnings Call Transcript
ACR.PR.D: A Large Yield From This REIT Preferred Equity
ACRES Commercial Realty has officially entered a definitive agreement to acquire its external manager, ACRES Capital Corp., in an all-stock transaction. This move transitions ACR to being internally managed. The merger is still subject to shareholder approval but would result in a much larger entity with a more diverse set of businesses. The Series D Preferred (ACR.PR.D) remains an attractive target for income-focused investors, sporting a current yield of 9.15%.
ACRES Commercial (ACR) Q1 Earnings Meet Estimates
ACRES Commercial (ACR) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.86 per share a year ago.
Acres Commercial Realty: The High-Yielding Preferred Stock Could Be Interesting
Acres Commercial Realty focuses on first mortgage loans, with 80% of its portfolio backed by multifamily properties, and plans to expand its $2.2B asset base. ACR's preferred shares, particularly Series C, offer a 9.6% yield with floating rates, presenting an attractive risk/reward profile despite a modest dividend coverage ratio. Management's strong track record is evidenced by minimal realized loan losses—just $4.8M on $368M in troubled loans over five years.
ACRES Commercial Realty: Discount To Remain Sticky Given Inflation Expectations
ACRES Commercial Realty trades at a 37% discount to book value, with no dividend but aggressive share buybacks driving shareholder returns. ACR's portfolio is now 81.9% multifamily loans, reducing office exposure and lowering overall risk amid high office vacancy rates. Book value per share grew $0.71 sequentially, aided by buybacks at deep discounts, though no capacity remains on the current program.
ACRES Commercial Realty Corp. (ACR) Q4 2025 Earnings Call Transcript
ACRES Commercial Realty Corp. (ACR) Q4 2025 Earnings Call Transcript
ACRES Commercial Realty: Book Value Expands As Buybacks Shrink Outstanding Shares
ACRES Commercial Realty grew its book value by $1.70 per share sequentially to $29.63 during the third quarter, with the common currently swapping hands at a 20.42% discount. The mREIT bought back 153,000 common shares at a 36% discount to book value during the third quarter, with $2.5 million left on its buyback program. Shareholders in the Series C Preferreds are earning a current yield of 10.15% with these trading at a small 0.8% premium to their liquidation value.
ACRES Commercial Realty Corp. (ACR) Q3 2025 Earnings Call Transcript
ACRES Commercial Realty Corp. ( ACR ) Q3 2025 Earnings Call October 30, 2025 10:00 AM EDT Company Participants Kyle K. Brengel Mark Fogel - President, CEO & Director Eldron Blackwell - CFO & Senior VP Andrew Fentress Conference Call Participants Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division Christopher Muller - Citizens JMP Securities, LLC, Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the Third Quarter 2025 ACRES Commercial Realty Corp. Earnings Conference Call.
ACRES Commercial Realty: Buybacks And A 25% Discount To Book Value
ACRES Commercial Realty reported second-quarter book value per share that dipped by 57 cents sequentially. The common shares are trading at a 25% discount to book value. The mREIT bought back $5.1 million of shares at a roughly 33% discount during the second quarter. There is just over $5 million of capacity left in the buyback program. I expect ACR to expand the program against management's objective to continue to book value.
ACRES Commercial Realty Corp. (ACR) Q2 2025 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Andrew Dodd Fentress - Chairman of the Board Eldron C. Blackwell - CFO & Senior VP Kyle K.
ACRES Commercial Realty: Stock Buybacks Continue As Commons Discount Remains Sticky
ACRES Commercial Realty has been aggressively buying back its common shares and recently extended its buyback authorization by $10 million. The mREIT does not pay a dividend, but returns have been positive on the back of its backpack program. A continued reduction of its CRE loan portfolio presents a risk for bulls as originations continue to lag payoffs.
ACRES Commercial Realty Corp. (ACR) Q1 2025 Earnings Call Transcript
ACRES Commercial Realty Corp. (NYSE:ACR ) Q1 2025 Earnings Call May 1, 2025 10:00 AM ET Company Participants Kyle Brengel - Vice President, Operations Mark Fogel - President and Chief Executive Officer Eldron Blackwell - Chief Financial Officer Andrew Fentress - Chairman Conference Call Participants Matthew Erdner - Jones Trading Chris Muller - Citizens Capital Markets Operator Good day, ladies and gentlemen and welcome to the First Quarter 2025 ACRES Commercial Realty Corp. Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded.
