ACRES Commercial Realty (ACR)
NYSE:ACR
Want to see ACR full AI Analyst Report?
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.18Last Year’s EPS
0.04Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strategic execution and portfolio growth — notable achievements include a $1.0 billion securitization, strong redeployment of real estate sale proceeds, a 66% increase in book value since 2020, loan portfolio growth to $2.2 billion, improved portfolio spreads and credit metrics, and an internalization transaction designed to align management and capture asset-management fees to support EAD and dividends. Offsetting items include a modest GAAP net loss of $1.0 million, a $1.4 million decline in net interest income during the ramp-up of the securitization, a slight quarter-over-quarter dip in book value, increased GAAP leverage to 3.4x, and constrained near-term liquidity with the company describing itself as fully invested. Overall, the positives around capital markets execution, portfolio expansion, improved yield protection and alignment from the internalization materially outweigh the measured near-term operational and liquidity headwinds.Company Guidance
Real Estate Sale and Gains
Sold a real estate investment in the Greater Philadelphia area realizing a $3.3 million GAAP and EAD gain; proceeds were redeployed into the loan book consistent with the company's strategy.
Significant Book Value Appreciation Since 2020
Book value per share has increased 66% since 2020 to $29.98 per share, driven by gains on real estate investments, stock repurchases and retained earnings.
Completed $1 Billion CRE Securitization (ACRES 2026-FL4)
Closed a $1.0 billion CRE securitization with 86.5% leverage at SOFR + 1.68% and a 30-month reinvestment period; ramp-up investments completed in Q1 with full run-rate benefit expected in Q2.
Growth in Loan Portfolio and New Originations
Closed new commitments of $495.6 million in Q1, with net new loan portfolio growth of $374.4 million after $121.2 million of payoffs/unfunded; total loan portfolio grew to $2.2 billion across 60 investments.
Improved Yield Profile and Spread Protection
Weighted average spread on newly originated loans was 3.09%; portfolio weighted average spread is 3.29% over 1-month SOFR, and over half the portfolio benefits from SOFR floors above 3%, offering yield protection in a declining rate environment.
Improved Credit Metrics
Weighted average risk rating improved to 2.5 from 2.7 quarter-over-quarter; percentage of CRE loan portfolio rated 4 or 5 decreased to 14% from 17%.
Allowance and CECL Movement
Total allowance for credit losses at March 31 was $19.4 million, representing 0.88% (88 bps) of the $2.2 billion loan portfolio; CECL reserves decreased by $1.0 million (or $0.15 per share) during the quarter driven by improved macroeconomic projections.
Strategic Internalization and Alignment
Announced internalization/combination with ACRES: post-transaction ACRES employees and board to own over 40% of the combined company; asset management fees from existing funds/SMA structures will flow up to the public company and support EAD and future dividends.
EAD Turnaround
EAD for Q1 was $0.02 per share compared with an EAD loss of $0.48 per share in Q4, reflecting improvement in earnings available for distribution.
Tax Assets
Net operating loss carryforwards of $32.1 million, equivalent to approximately $4.89 per share, providing potential future tax benefits.
ACR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $20.66 | $21.09 | +2.08% |
Mar 04, 2026 | $18.98 | $19.19 | +1.11% |
Oct 29, 2025 | $18.91 | $20.80 | +9.99% |
Jul 30, 2025 | $19.11 | $19.68 | +2.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ACRES Commercial Realty (ACR) report earnings?
ACRES Commercial Realty (ACR) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is ACRES Commercial Realty (ACR) earnings time?
ACRES Commercial Realty (ACR) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACR EPS forecast?
ACR EPS forecast for the fiscal quarter 2026 (Q2) is 0.18.