Alert: Positive Investment/Fundamental Signals (12/4/23)-ACRES Commercial Realty Corp (NYSE: ACR)


Important positive changes in ACRES Commercial Realty Corp (NYSE: ACR) investment behavior have recently occurred: the stock rose on very heavy volume.

Recent important positive changes in fundamentals have benefitted ACRES Commercial Realty Corp (NYSE: ACR): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, ACR is expected to be Value Creation neutral.

ACRES Commercial Realty has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ACRES Commercial Realty has a very high Appreciation Score of 96 but a slightly negative Power Rating of 40, producing the Positive Value Trend Rating.

Recent Price Action

On 12/4/23, ACRES Commercial Realty Corp (NYSE: ACR) stock enjoyed a large increase of 2.5%, closing at $7.90. Moreover, this advance was accompanied by exceptionally high trading volume at 2114% of normal. The stock has risen 4.2% during the last week but has been weak relative to the market over the last nine months.

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