ACRES Commercial Realty Corp Stock News

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...

UNIONDALE, N.Y. , April 30, 2025 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its board of directors (the "Board") authorized and approved the continued use of its existing share repurchase program to repurchase an additional $10 million of the outstanding shares of both its common and preferred stock.

UNIONDALE, N.Y. , April 30, 2025 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) ("ACR" or the "Company"), 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 property through direct ownership and joint ventures, today reported results for the quarter ended ...

I compare ACR's preferred stocks, ACR.PR.C and ACR.PR.D, highlighting their dividend yields and potential returns, with a preference for dividend-focused investments. ACR.PR.C, a fixed-to-floating rate preferred stock, has provided a 48.1% total gain since my investment in October 2022. ACR.PR.D, a fixed-rate preferred stock, is expected to outperform ACR.PR.C in total return as the Federal Res...

UNIONDALE, N.Y. , April 16, 2025 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that it will release its results for the first quarter 2025, on Wednesday, April 30, 2025, after the market closes.

UNIONDALE, N.Y. , March 18, 2025 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its Board of Directors declared cash dividends on its Preferred Stock.

UNIONDALE, N.Y. , March 17, 2025 /PRNewswire/ -- ACRES Commercial Realty (NYSE: ACR) (the "Company") announced that it repurchased the assets in ACRES Commercial Realty 2021-FL1 and ACRES Commercial Realty 2021-FL2 in their entirety and brought the existing JP Morgan warehouse facility balance to zero.

ACRES Commercial Realty Corp. is up substantially over the last 1-year as the mREIT moves to close its discount to book value. ACR's book value grew by 95 cents sequentially to $28.87 per share, with the commons currently trading hands at a 27% discount to book value. The floating rate Series C preferreds are a play for income, currently paying out a 10.4% yield on cost but trading 22 cents abo...