ACRES Commercial Realty Corp. (ACR)
NYSE: ACR · IEX Real-Time Price · USD
9.62
-0.15 (-1.54%)
Dec 29, 2023, 4:00 PM EST - Market closed
ACRES Commercial Realty Stock Forecast
Stock Price Forecast
According to 3 stock analysts, the average 12-month stock price forecast for ACR stock stock is $13.5, which predicts an increase of 40.33%. The lowest target is $12.5 and the highest is $14. On average, analysts rate ACR stock stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on May 24, 2023.
Analyst Ratings
The average analyst rating for ACR stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $14 → $13 | Buy | Maintains | $14 → $13 | +29.94% | May 24, 2023 |
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +45.53% | May 5, 2023 |
| Raymond James | Raymond James | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +40.33% | Mar 13, 2023 |
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +45.53% | Mar 3, 2023 |
| Raymond James | Raymond James | Buy Maintains $19 → $15 | Buy | Maintains | $19 → $15 | +55.93% | Jul 18, 2022 |
Financial Forecast
Revenue This Year
78.98M
from 75.17M
Increased by 5.07%
Revenue Next Year
94.54M
from 78.98M
Increased by 19.69%
EPS This Year
1.98
from -1.00
EPS Next Year
2.23
from 1.98
Increased by 12.47%
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 96.6M | 98.3M |
| Avg | 79.0M | 94.5M |
| Low | 63.1M | 91.7M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 28.5% | 24.4% |
| Avg | 5.1% | 19.7% |
| Low | -16.0% | 16.1% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | 2.55 | 2.32 |
| Avg | 1.98 | 2.23 |
| Low | 1.47 | 2.17 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | 16.9% |
| Avg | - | 12.5% |
| Low | - | 9.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.