Ares Commercial Real Estate Corp
ACREReal Estate·REIT - Mortgage·USA·Micro·NYSE·Nov 13 • 6:41 AM ET
3.54+0.07 (2.02%)
2026-11-13 13:17 CET
Market cap
$196.43M
Revenue, TTM
129.86 USD m
Net income, TTM
0.96 USD m
Free cash flow, TTM
13.64 USD m
EPS diluted, TTM
0.01
295.00
Price
ACRE against its 20, 50 and 200-day averagesPatternshover a marker to name it
39.9% under the 52-week high of 5.89 on 10 Feb 2026. 52-week low 3.16 on 21 Oct 2026. Last 15 sessions, 18.9% high to low
Volume 0.00× normal · the line is the 50-bar volume average
Setup. RS line 1
CANSLIM 3 of 6 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%; Institutional Ownership: Over 50%
VCP 3 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 3 of 4 — fails: Return on Equity: Over +15%
Quality 0 of 5 — fails: Return on Equity: Over +15%; Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1); P/E: Under 25; Current Ratio: Over 1
Value 1 of 4 — fails: P/E: Under 15; Return on Equity: Over +15%; Debt/Equity: Low (<0.1)
Income 1 of 4 — fails: Dividend Growth: Growing 2+ Years; P/E: Under 25 — not on the tape: Payout Ratio: Low (<20%)
Small Cap 2 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200; Performance: Year Up
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200
Profile
ACRE52-week range, 14% of the way up
3.165.89
Ares Commercial Real Estate Corp. is a specialty finance company, which engages in the business of originating and investing in commercial real estate loans and related investments. The firm is also involved in senior mortgage loans, subordinated debt, preferred equity, mezzanine loans, and other commercial real estate investments including commercial mortgage-backed securities. The company was founded in September 2011 and is headquartered in New York, NY.
| Index | RUT |
|---|---|
| Employees | 4250 |
| IPO | Apr 26, 2012 |
| Beta | 1.26 |
| ATR, 14d | 0.16 |
| Rel volume | 0.00 |
| Short float | 4.67% |
| Insider own | 6.34% |
| Inst own | 48.43% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | $196.43M |
| Enterprise Value | 1.33B |
| Income | 0.96M |
| Sales | 129.86M |
| Book / share | 8.86 |
| Cash / share | 1.11 |
| Dividend Est. | 0.59 (16.81%) |
| Dividend TTM | 0.60 (16.95%) |
| Dividend Ex-Date | Dec 31, 2026 |
| Dividend Gr. 3/5Y | -24.61% -14.59% |
| Payout | - |
| Employees | 4250 |
| IPO | Apr 26, 2012 |
Ratios
| Price / earnings | 295.00 |
|---|---|
| Forward price / earnings | 10.28 |
| Price / earnings / growth | - |
| Price / sales | 1.51 |
| Price / book | 0.40 |
| Price / cash | 3.19 |
| Price / free cash flow | 14.40 |
| Value / cash profit | 15.06 |
| Value / sales | 10.26 |
| Quick Ratio | 0.22 |
| Current Ratio | 0.22 |
| Debt / equity | 2.43 |
| Long-term debt / equity | 1.88 |
| Options and short | Yes / Yes |
Earnings
| Earnings / share | 0.01 |
|---|---|
| Earnings next year | 0.34 |
| Earnings next quarter | 0.04 |
| Earnings this year | 302.09% |
| Earnings next year | 41.94% |
| Earnings growth, 5 years | - |
| Past earnings growth | - - |
| Past sales growth | -20.96% -8.16% |
| Earnings vs last year | 111.65% |
| Sales vs last year | 62.05% |
| Earnings vs last quarter | 113.67% |
| Sales vs last quarter | 45.12% |
| Earnings | Nov 06 BMO |
| Surprise | 175.86% 5.04% |
Ownership
| Insiders own | 6.34% |
|---|---|
| Insider trades | 0.00% |
| Institutions own | 48.43% |
| Institution trades | 1.39% |
| Return on assets | 0.06% |
| Return on equity | 0.19% |
| Return on capital | 0.07% |
| Gross Margin | 81.63% |
| Operating margin | 53.87% |
| Profit Margin | 0.74% |
| 20-day average | 3.15% |
| 50-day average | -6.69% |
| 200-day average | -22.94% |
Technical
| Shares out | 55.49M |
|---|---|
| Shares floating | 51.97M |
| Short / float | 4.67% |
| Short ratio | 4.58 |
| Short interest | 2.43M |
| 52-week high | 5.89 -39.9% |
| 52-week low | 3.16 +12.0% |
| Volatility | 4.84% 4.46% |
| Average range | 0.16 |
| Strength index | 48.52 |
| Market sensitivity | 1.26 |
| Relative volume | 0.00 |
| Avg Volume | 529.42K |
| Volume | 49 |
Performance
| Perf Week | -3.01% |
|---|---|
| Perf Month | -1.12% |
| Perf Quarter | -23.38% |
| Perf Half Y | -23.04% |
| Perf YTD | -25.94% |
| Perf Year | -27.31% |
| Perf 3Y | -62.74% |
| Perf 5Y | -77.47% |
| Perf 10Y | -72.95% |
| Recommendation | 3.12 |
| Target Price | 4.56 |
| Prev Close | 3.47 |
| Price | 3.54 |
| Change % | 2.02% |
Analyst ratings
latest 10 of 20| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jun 02, 2026 | Resumed | UBS | Neutral | $5.50 | +55.4% |
| Sep 20, 2024 | Downgrade | Wells Fargo | Equal Weight → Underweight | $7.50 → $7 | +97.7% |
| Jul 19, 2024 | Resumed | BTIG Research | Neutral | ||
| Mar 04, 2024 | Downgrade | BofA Securities | Buy → Underperform | $11 → $7 | +97.7% |
| Dec 06, 2023 | Initiated | UBS | Neutral | $10.50 | +196.6% |
| Dec 05, 2023 | Downgrade | JMP Securities | Mkt Outperform → Mkt Perform | ||
| Sep 13, 2023 | Initiated | Wells Fargo | Equal Weight | $10 | +182.5% |
| Aug 18, 2023 | Downgrade | Raymond James | Outperform → Mkt Perform | ||
| Apr 25, 2023 | Downgrade | BTIG Research | Buy → Neutral | ||
| Mar 08, 2023 | Downgrade | Keefe Bruyette | Outperform → Mkt Perform | $12.50 | +253.1% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| KREF | KKR Real Estate Finance Trust Inc | 306.59M |
| TRTX | TPG RE Finance Trust Inc | 515.63M |
| CMTG | Claros Mortgage Trust Inc | 222.92M |
| BRSP | BrightSpire Capital Inc | 388.99M |
| ACR | ACRES Commercial Realty Corp | 130.49M |
| ARI | Apollo Commercial Real Estate Finance Inc | 298.22M |
| BXMT | Blackstone Mortgage Trust Inc | 1.81B |
| SEVN | Seven Hills Realty Trust | 150.65M |
| GPMT | Granite Point Mortgage Trust Inc | 12.82M |
| LADR | Ladder Capital Corp | 1.08B |
Insider trading
6 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Donohoe Bryan Patrick | Chief Executive Officer | Jan 14 '26 | Sale | 4.93 | 21,761 | 107,230 | 250,197 | Jan 15 07:13 PM |
| Gonzales Jeffrey Michael | CFO and Treasurer | Jan 14 '26 | Sale | 4.93 | 6,218 | 30,640 | 88,533 | Jan 15 07:11 PM |
| FEINGOLD ANTON | Gen. Counsel VP and Secretary | Jan 14 '26 | Sale | 4.93 | 7,606 | 37,479 | 92,754 | Jan 15 07:07 PM |
| JEFFREY GONZALES | Officer | Jan 14 '26 | Proposed Sale | 4.93 | 6,218 | 30,640 | Jan 14 04:21 PM | |
| ANTON FEINGOLD | Officer | Jan 14 '26 | Proposed Sale | 4.93 | 7,606 | 37,479 | Jan 14 04:18 PM | |
| BRYAN DONOHOE | Officer | Jan 14 '26 | Proposed Sale | 4.93 | 21,761 | 107,230 | Jan 14 04:14 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 696.31B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.86B |
| REM | iShares Mortgage Real Estate ETF | AUM: 424.65M |
| MORT | VanEck Mortgage REIT Income ETF | AUM: 306.11M |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.79B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.17B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.90B |
| RIET | Hoya Capital High Dividend Yield ETF | AUM: 96.14M |
| IWC | iShares Micro-Cap ETF | AUM: 1.23B |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | AUM: 96.50B |
News
latest 14 of 200- Ares Commercial Real Estate Matches On Core EPS, But Stalled Originations And A Brooklyn Downgrade Keep The $0.15 Dividend In Question (Earnings Whispers) +7.35%
- Ares Commercial Real Estate: Q3 Earnings Snapshot (Associated Press)
- ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS THIRD QUARTER 2026 RESULTS (PR Newswire)
- Ares Commercial Real Estate's Dividend Credibility Hinges On Chicago Office Resolution (Earnings Whispers)
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2026 (PR Newswire)
- Ares Commercial Real Estate Corp (ACRE) (Q2 2026) Earnings Call Highlights: Strategic ... (GuruFocus.com) +8.94%
- Ares Commercial Real Estate: Q2 Earnings Snapshot (Associated Press)
- ARES COMMERCIAL REAL ESTATE CORPORATION REPORTS SECOND QUARTER 2026 RESULTS (PR Newswire)
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2026 (PR Newswire)
- Ares Commercial Real Estate: Q1 Earnings Snapshot (Associated Press)
- Ares Commercial Real Estate Corporation Reports First Quarter 2026 Results (Business Wire)
- Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2026 (Business Wire)
- Is Apple Hospitality REIT (APLE) Stock Outpacing Its Finance Peers This Year? (Quartz)
- Are Finance Stocks Lagging Ares Commercial Real Estate (ACRE) This Year? (Zacks)
Quarterly earnings
2026Q3 EPS 0.120 beat 0.044, from 0.100 a year earlier. Sales 13.51 beat 12.86, from 14.11 a year earlier
The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.
| Period | Reported | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | Surprise | Year-ago quarter | Analysts | Next session |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026Q3ended 2026-09-30 | 2026-11-06 08:30 | 0.120 | 0.044 | 0.180 | 13.51 | 12.86 | EPS +175.9% · sales +5.0% | vs 2025Q3, year-ago quarter · EPS +20.0% · sales -4.2% | 7 EPS · 5 sales | Open +12.94% vs SPY +0.25%. Close +7.35% vs SPY +0.31% |
| 2026Q2ended 2026-06-30 | 2026-08-04 08:30 | 0.120 | 0.037 | 0.078 | 14.36 | 10.96 | EPS +224.3% · sales +31.0% | vs 2025Q2, year-ago quarter · EPS -123.5% · sales +14.3% | 8 EPS · 5 sales | Open +9.88% vs SPY +0.39%. Close +8.94% vs SPY +1.80% |
| 2026Q1ended 2026-03-31 | 2026-05-07 08:30 | 0.060 | 0.073 | -0.174 | 13.46 | 11.64 | EPS -18.3% · sales +15.7% | vs 2025Q1, year-ago quarter · EPS -53.8% · sales -10.0% | 7 EPS · 5 sales | Open -4.41% vs SPY +0.17%. Close -3.26% vs SPY -0.31% |
| 2025Q4ended 2025-12-31 | 2026-02-10 08:30 | 0.150 | -0.012 | -0.070 | 13.22 | 11.76 | EPS -1329.5% · sales +12.4% | vs 2024Q4, year-ago quarter · EPS -200.0% · sales -24.5% | 8 EPS · 6 sales | Open +9.78% vs SPY +0.14%. Close +11.74% vs SPY -0.26% |
| 2025Q3ended 2025-09-30 | 2025-11-07 08:30 | 0.100 | -0.029 | 0.083 | 14.11 | 11.20 | EPS -441.3% · sales +26.0% | vs 2024Q3, year-ago quarter · EPS +42.9% · sales -15.3% | 7 EPS · 5 sales | Open +4.23% vs SPY -0.36%. Close +12.69% vs SPY +0.10% |
| 2025Q2ended 2025-06-30 | 2025-08-05 08:30 | -0.510 | 0.000 | -0.201 | 12.57 | 13.26 | EPS -127600.0% · sales -5.2% | vs 2024Q2, year-ago quarter · EPS +325.0% · sales -25.2% | 7 EPS · 5 sales | Open -3.32% vs SPY +0.10%. Close -7.96% vs SPY -0.51% |
| 2025Q1ended 2025-03-31 | 2025-05-07 08:30 | 0.130 | -0.002 | 0.168 | 14.95 | 14.49 | EPS -6290.5% · sales +3.2% | vs 2024Q1, year-ago quarter · EPS -121.0% · sales -20.0% | 7 EPS · 4 sales | Open +6.31% vs SPY +0.24%. Close +13.59% vs SPY +0.42% |
| 2024Q4ended 2024-12-31 | 2025-02-12 08:30 | -0.150 | 0.058 | -0.196 | 17.51 | 15.19 | EPS -360.4% · sales +15.3% | vs 2023Q4, year-ago quarter · EPS -175.0% · sales -0.2% | 8 EPS · 5 sales | Open -14.12% vs SPY -1.01%. Close -12.15% vs SPY -0.32% |
| 2024Q3ended 2024-09-30 | 2024-11-07 08:30 | 0.070 | 0.099 | -0.108 | 16.65 | 17.39 | EPS -29.0% · sales -4.2% | vs 2023Q3, year-ago quarter · EPS -72.0% · sales -30.3% | 7 EPS · 5 sales | Open -0.77% vs SPY +0.35%. Close +10.17% vs SPY +0.77% |
| 2024Q2ended 2024-06-30 | 2024-08-06 08:30 | -0.120 | -0.094 | -0.113 | 16.80 | 20.62 | EPS +27.4% · sales -18.5% | vs 2023Q2, year-ago quarter · EPS -134.3% · sales -32.8% | 7 EPS · 5 sales | Open 0.00% vs SPY +0.36%. Close -3.02% vs SPY +0.92% |
| 2024Q1ended 2024-03-31 | 2024-05-09 08:30 | -0.620 | 0.216 | -0.227 | 18.69 | 19.27 | EPS -387.0% · sales -3.0% | vs 2023Q1, year-ago quarter · EPS -329.6% · sales -29.5% | 5 | Open -4.06% vs SPY +0.04%. Close -1.60% vs SPY +0.58% |
| 2023Q4ended 2023-12-31 | 2024-02-22 08:30 | 0.200 | -0.431 | -0.728 | 17.55 | 24.63 | EPS -146.4% · sales -28.7% | vs 2022Q4, year-ago quarter · EPS -54.5% · sales -42.3% | 8 EPS · 5 sales | Open -10.26% vs SPY +1.37%. Close -6.59% vs SPY +2.07% |
| 2023Q3ended 2023-09-30 | 2023-11-03 08:30 | 0.250 | 0.229 | 0.168 | 23.88 | 25.88 | EPS +9.4% · sales -7.7% | vs 2022Q3, year-ago quarter · EPS -35.9% · sales -12.4% | 7 EPS · 5 sales | - |
| 2023Q2ended 2023-06-30 | 2023-08-02 08:30 | 0.350 | 0.325 | -0.040 | 24.99 | 26.85 | EPS +7.6% · sales -6.9% | vs 2022Q2, year-ago quarter · EPS -7.9% · sales -0.6% | 7 EPS · 4 sales | - |
| 2023Q1ended 2023-03-31 | 2023-05-02 08:30 | 0.270 | 0.310 | -0.118 | 26.50 | 28.51 | EPS -12.9% · sales -7.0% | vs 2022Q1, year-ago quarter · EPS -20.6% · sales +10.3% | 7 EPS · 5 sales | - |
| 2022Q4ended 2022-12-31 | 2023-02-15 08:30 | 0.440 | 0.357 | 0.053 | 30.41 | 27.83 | EPS +23.4% · sales +9.3% | vs 2021Q4, year-ago quarter · EPS +7.3% · sales +1.0% | 7 EPS · 5 sales | - |
Annual earnings
2025FY EPS -0.120 beat -0.283, from -0.820 a year earlier. Sales 54.83 beat 50.14, from 69.65 a year earlier
Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.
earnings feed, not the snapshot. Not the statement ratio.
| Period | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | P/E, earnings feed |
|---|---|---|---|---|---|---|
| 2028FYestimate | - | 0.570 | - | - | 59.00 | 6.21 |
| 2027FYestimate | - | 0.344 | - | - | 56.39 | 10.29 |
| 2026FYestimate | - | 0.243 | - | - | 51.09 | 14.60 |
| 2025FY | -0.120 | -0.283 | -0.020 | 54.83 | 50.14 | - |
| 2024FY | -0.820 | -0.612 | -0.643 | 69.65 | 68.56 | - |
| 2023FY | 1.060 | 0.439 | -0.716 | 92.93 | 99.80 | 9.77 |
| 2022FY | 1.550 | 1.462 | 0.571 | 106.85 | 103.34 | 6.61 |
| 2021FY | 1.550 | 1.495 | 1.417 | 102.07 | 98.20 | 9.28 |
| 2020FY | 1.360 | 1.287 | 0.658 | 82.70 | 75.23 | 8.62 |
| 2019FY | 1.280 | 1.310 | 1.282 | 77.26 | 88.96 | 12.18 |
| 2018FY | 1.350 | 1.334 | 1.347 | 54.65 | 53.83 | 9.51 |
| 2017FY | 1.070 | 1.085 | 1.065 | 46.35 | 46.43 | 11.86 |
| 2016FY | 1.410 | 1.416 | 1.057 | 47.75 | 54.91 | 9.58 |
| 2015FY | 1.200 | 1.162 | 1.199 | 85.41 | 85.36 | 2.95 |
| 2014FY | 0.850 | 0.825 | 0.850 | 65.14 | 74.75 | 4.17 |
| 2013FY | 0.720 | 0.800 | 0.720 | 38.59 | 38.20 | 4.92 |
| 2012FY | 0.030 | 0.090 | 0.030 | 6.94 | 8.54 | 118.00 |
| 2011FY | 0.000 | - | - | - | - | - |
Quarterly results
2026Q3 revenue 39.55, from 27.25 a year earlier. Operating margin 73.4%, from 71.3% a year earlier
From the quarterly statement. Not an estimate.
Estimate revisions
Latest snapshot of each period and type. 2026FY R 0.07 per share.
| Period | Type | Scale | Date | Mean | vs prior date |
|---|---|---|---|---|---|
| 2026FY | R | per share | 2026-11-11 | 0.07 | 0.0% |
| 2026Q4 | R | per share | 2026-11-11 | 0.07 | 0.0% |
| 2026FY | S | per share | 2026-11-11 | 51.09 | 0.0% |
| 2026FY | E | per share | 2026-11-06 | 0.24 | -3.4% |
| 2026Q4 | E | per share | 2026-11-06 | 0.04 | 0.0% |
| 2026Q4 | S | per share | 2026-11-06 | 12.96 | 0.0% |
| 2026Q3 | R | per share | 2026-10-24 | 0.10 | 0.0% |
| 2026Q3 | E | per share | 2026-10-23 | 0.04 | +3.3% |
| 2026Q3 | S | per share | 2026-10-23 | 12.86 | +4.3% |
| 2026Q2 | R | per share | 2026-07-30 | 0.04 | -5.5% |
| 2026Q2 | S | per share | 2026-07-30 | 10.96 | -4.4% |
| 2026Q2 | E | per share | 2026-07-16 | 0.04 | -2.1% |
| 2026Q1 | E | per share | 2026-04-27 | 0.07 | 0.0% |
| 2026Q1 | R | per share | 2026-04-26 | 0.05 | 0.0% |
| 2026Q1 | S | per share | 2026-04-26 | 11.64 | 0.0% |
| 2025FY | R | per share | 2026-02-08 | 0.07 | -12.5% |
| 2025Q4 | R | per share | 2026-02-08 | 0.01 | -33.8% |
| 2025FY | S | per share | 2026-02-08 | 49.17 | -1.9% |
| 2025Q4 | S | per share | 2026-02-08 | 11.31 | -3.8% |
| 2025FY | E | per share | 2026-02-05 | -0.28 | -4.2% |
| 2025Q4 | E | per share | 2026-02-05 | -0.01 | +10.9% |
| 2025Q3 | E | per share | 2025-11-05 | -0.03 | 0.0% |
| 2025Q3 | R | per share | 2025-11-05 | 0.00 | 0.0% |
| 2025Q3 | S | per share | 2025-10-31 | 11.20 | -1.8% |
| 2025Q2 | E | per share | 2025-08-03 | 0.00 | 0.0% |
| 2025Q2 | S | per share | 2025-08-03 | 13.26 | 0.0% |
| 2025Q2 | R | per share | 2025-08-01 | 0.02 | -14.9% |
| 2025Q1 | E | per share | 2025-05-02 | 0.00 | -119.4% |
| 2025Q1 | R | per share | 2025-05-02 | 0.04 | -7.5% |
| 2025Q1 | S | per share | 2025-04-17 | 14.49 | -4.1% |
| 2024FY | E | per share | 2025-02-07 | -0.61 | -2.5% |
| 2024FY | R | per share | 2025-02-07 | -0.44 | -13.4% |
| 2024Q4 | R | per share | 2025-02-07 | 0.03 | -7.8% |
| 2024Q4 | E | per share | 2025-01-29 | 0.06 | 0.0% |
| 2024FY | S | per share | 2025-01-29 | 68.56 | 0.0% |
| 2024Q4 | S | per share | 2025-01-29 | 15.19 | 0.0% |
| 2024Q3 | S | per share | 2024-11-05 | 17.39 | 0.0% |
| 2024Q3 | E | per share | 2024-10-23 | 0.10 | 0.0% |
| 2024Q3 | R | per share | 2024-10-23 | 0.08 | 0.0% |
| 2024Q2 | E | per share | 2024-08-06 | -0.09 | 0.0% |
| 2024Q2 | R | per share | 2024-08-06 | 0.11 | 0.0% |
| 2024Q2 | S | per share | 2024-08-06 | 20.62 | 0.0% |
| 2024Q1 | E | per share | 2024-05-08 | 0.22 | 0.0% |
| 2024Q1 | R | per share | 2024-05-08 | -0.17 | 0.0% |
| 2024Q1 | S | per share | 2024-05-08 | 19.27 | 0.0% |
| 2023FY | E | per share | 2024-02-17 | 0.44 | 0.0% |
| 2023FY | R | per share | 2024-02-17 | 0.23 | 0.0% |
| 2023FY | S | per share | 2024-02-17 | 99.80 | 0.0% |
Estimate history
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | MRQ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS per share | 1.065 | 1.347 | 1.282 | 0.658 | 1.417 | 0.571 | -0.716 | -0.643 | -0.016 | 0.012 | - |
| Sales USD millions | 98 | 118 | 140 | 131 | 152 | 173 | 192 | 92 | 85 | 130 | - |
| Shares million shares | 29 | 29 | 29 | 33 | 47 | 54 | 54 | 55 | 55 | - | 55 |
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|
| EPS per share | -0.108 | -0.196 | 0.168 | -0.201 | 0.083 | -0.07 | -0.174 | 0.078 | 0.178 |
| Sales USD millions | 38 | 24 | 33 | -4 | 27 | 29 | 27 | 34 | 40 |
| Shares million shares | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
Income statement, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 129.86 | 85.35-7.3% | 92.04-52.1% | 192.08+11.1% | 172.84+13.6% | 152.15+16.5% | 130.64-6.6% | 139.84+18.2% | 118.28 |
| Total Expenses | 59.90 | 23.56+25.5% | 18.78-84.5% | 121.33+55.3% | 78.11+99.2% | 39.22-28.5% | 54.83-46.4% | 102.34+29.2% | 79.24 |
| Operating Income | 69.96 | 61.78-15.7% | 73.26+3.5% | 70.75-25.3% | 94.73-16.1% | 112.93+49.0% | 75.81+102.1% | 37.51-3.9% | 39.04 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 1.14 | -0.62 | -35.01 | -38.91-228.6% | 30.26-50.5% | 61.18+175.7% | 22.19-40.8% | 37.51-3.9% | 39.04 |
| Income Taxes | 0.18 | 0.28 | -0.02 | -0.04-108.5% | 0.47-34.7% | 0.72+105.7% | 0.35-32.7% | 0.52+15.6% | 0.45 |
| Consolidated Net Income | 0.96 | -0.90 | -34.99 | -38.87-230.5% | 29.79-50.7% | 60.46+176.8% | 21.84-41.0% | 36.99-4.2% | 38.60 |
| Net Income From Continuing Operations | 0.96 | -0.90 | -34.99 | -38.87-230.5% | 29.79-50.7% | 60.46+176.8% | 21.84-41.0% | 36.99-4.2% | 38.60 |
| Net Income | 0.96 | -0.90 | -34.99 | -38.87-230.5% | 29.79-50.7% | 60.46+176.8% | 21.84-41.0% | 36.99-4.2% | 38.60 |
| EPS (Recurring) per share | 0.02 | -0.02 | -0.64 | -0.72-226.3% | 0.57-59.9% | 1.42+115.2% | 0.66-48.4% | 1.28-5.2% | 1.35 |
| EPS (Basic, Before Extraordinaries) per share | 0.02 | -0.02 | -0.64 | -0.72-224.1% | 0.58-59.4% | 1.43+116.7% | 0.66-48.8% | 1.29-4.4% | 1.35 |
| EPS (Diluted) per share | 0.01 | -0.02 | -0.64 | -0.72-226.3% | 0.57-59.9% | 1.42+115.2% | 0.66-48.4% | 1.28-5.2% | 1.35 |
| Non-Operating Income (Expense) | 2.76 | 2.76 | -2.29 | 0.00-100.0% | 2.20 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 2.82 | 3.08-17.6% | 3.74+18.7% | 3.15+38.8% | 2.27+59.9% | 1.42+44.9% | 0.98-28.5% | 1.37+57.5% | 0.87 |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 289.17 | 289.17 | - | 166.56 | 11.25 | 9.90 | 18.78 | 12.16 | 9.44 |
| Price To Sales Ratio ratio | 1.67 | 3.07 | 3.48 | 2.93 | 3.10 | 4.08 | 3.03 | 3.27 | 3.16 |
| Gross Margin % | 81.63 | 67.20 | 74.31 | 92.30 | 89.28 | 80.93 | 81.16 | 78.97 | 93.73 |
| Operating Margin % | 53.87 | 72.39 | 79.59 | 36.83 | 54.81 | 74.22 | 58.03 | 26.82 | 33.01 |
| Net Margin % | 0.74 | -1.06 | -38.02 | -20.23 | 17.23 | 39.74 | 16.72 | 26.45 | 32.63 |
| Shares Outstanding million shares | 55.49 | 55.03+0.9% | 54.54+0.7% | 54.15-0.5% | 54.44+15.5% | 47.14+41.0% | 33.44+15.8% | 28.87+0.4% | 28.76 |
| Market Capitalization | 192.55 | 192.55-40.1% | 321.25-42.7% | 560.90+0.5% | 557.92+15.9% | 481.58+22.9% | 391.93-12.9% | 449.93+22.2% | 368.26 |
Income statement, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 39.55+45.1% | 33.54 | 27.48-17.1% | 29.29+21.6% | 27.25-28.8% | -4.33-115.5% | 33.14+1761.8% | 24.08-49.3% |
| Total Expenses | 10.54+35.0% | 9.84 | 19.70+270.3% | 19.83+94.6% | 7.81-53.4% | -9.40-243.7% | 5.32 | 10.19-82.1% |
| Operating Income | 29.01+49.2% | 23.70+367.5% | 7.79-72.0% | 9.46-31.9% | 19.44-9.7% | 5.07-76.3% | 27.82+68.6% | 13.89 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 10.06+116.3% | 4.52 | -9.57-199.4% | -3.86 | 4.65 | -11.04 | 9.63 | -10.68 |
| Income Taxes | 0.01 | 0.14 | 0.03-89.3% | 0.01 | -0.00 | 0.00 | 0.28 | -0.02 |
| Consolidated Net Income | 10.05+116.1% | 4.38 | -9.61-202.8% | -3.87 | 4.65 | -11.04 | 9.35 | -10.66 |
| Net Income From Continuing Operations | 10.05+116.1% | 4.38 | -9.61-202.8% | -3.87 | 4.65 | -11.04 | 9.35 | -10.66 |
| Net Income | 10.05+116.1% | 4.38 | -9.61-202.8% | -3.87 | 4.65 | -11.04 | 9.35 | -10.66 |
| EPS (Recurring) per share | 0.18+125.0% | 0.08 | -0.17-200.0% | -0.07 | 0.08 | -0.20 | 0.17 | -0.20 |
| EPS (Basic, Before Extraordinaries) per share | 0.18+125.0% | 0.08 | -0.17-200.0% | -0.07 | 0.08 | -0.20 | 0.17 | -0.20 |
| EPS (Diluted) per share | 0.18+125.0% | 0.08 | -0.17-200.0% | -0.07 | 0.08 | -0.20 | 0.17 | -0.20 |
| Non-Operating Income (Expense) | 0.00 | 0.00 | 0.00 | 2.76 | 0.00 | 0.00 | 0.00 | -2.29 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.71-12.3% | 0.70-5.4% | 0.71-14.5% | 0.71-62.2% | 0.81-12.9% | 0.74-18.7% | 0.83-17.8% | 1.88+129.3% |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 289.17 | - | - | - | - | - | - | - |
| Price To Sales Ratio ratio | 1.67 | 2.16 | 3.33 | 3.08 | 3.14 | 2.87 | 2.09 | 3.49 |
| Gross Margin % | 85.56 | 83.02 | 79.86 | 76.39 | 74.46 | 262.85 | 78.69 | 66.32 |
| Operating Margin % | 73.36 | 70.68 | 28.33 | 32.30 | 71.34 | -116.89 | 83.94 | 57.68 |
| Net Margin % | 25.40 | 13.07 | -34.95 | -13.19 | 17.07 | 254.61 | 28.20 | -44.29 |
| Shares Outstanding million shares | 55.49+0.9% | 55.48+0.9% | 55.37+0.9% | 55.03+0.9% | 55.02+0.9% | 55.01+0.9% | 54.86+0.8% | 54.54+0.7% |
| Market Capitalization | 192.55-22.4% | 249.66-4.8% | 265.76+4.6% | 263.03-18.1% | 248.07-35.0% | 262.38-27.6% | 253.99-37.4% | 321.25-42.7% |
Balance sheet, annual
| Metric | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 | 2017FY12/31/2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 67.16+1.3% | 66.29-40.0% | 110.46-21.8% | 141.28+179.1% | 50.62-32.3% | 74.78+1228.2% | 5.63-50.9% | 11.47-60.1% | 28.72 |
| Short Term Receivables | 0.08-96.0% | 1.99-46.1% | 3.69+23.8% | 2.98+15.1% | 2.59+139.8% | 1.08-17.6% | 1.31+56.0% | 0.84-10.6% | 0.94 |
| Investment Securities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Securities In Custody | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 130.16-6.4% | 139.03+66.9% | 83.28 | 0.00-100.0% | 36.60-1.8% | 37.28-1.6% | 37.90 | 0.00 | 0.00 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 1,420.74-8.0% | 1,543.89-25.9% | 2,082.34-12.5% | 2,378.74-6.4% | 2,542.03+40.0% | 1,816.36+4.4% | 1,739.29+9.3% | 1,591.01-8.6% | 1,740.55 |
| Total Assets | 1,618.14-7.6% | 1,751.21-23.2% | 2,279.78-9.6% | 2,523.00-4.1% | 2,631.84+36.4% | 1,929.50+8.1% | 1,784.13+11.3% | 1,603.32-9.4% | 1,770.22 |
| Total Debt | 1,047.46-10.7% | 1,172.37-27.5% | 1,616.99-6.9% | 1,736.57-9.7% | 1,923.20+34.4% | 1,431.05+7.1% | 1,335.62+15.4% | 1,157.06-13.4% | 1,336.77 |
| Long Term Debt | 458.55-43.6% | 812.63-48.1% | 1,564.75-9.9% | 1,736.57+34.9% | 1,287.22+11.6% | 1,153.54+85.0% | 623.64-44.4% | 1,120.78+74.9% | 640.94 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 61.12+57.9% | 38.70+4.8% | 36.94-5.0% | 38.90+29.6% | 30.01+18.0% | 25.43+14.7% | 22.17+7.2% | 20.68+44.8% | 14.28 |
| Total Liabilities | 1,108.57-8.5% | 1,211.07-26.8% | 1,653.93-6.8% | 1,775.46-9.1% | 1,953.21+34.1% | 1,456.48+7.3% | 1,357.80+15.3% | 1,177.74-12.8% | 1,351.05 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 509.57-5.7% | 540.13-13.7% | 625.85-16.3% | 747.54+10.2% | 678.63+43.5% | 473.01+10.9% | 426.34+0.2% | 425.59+1.5% | 419.17 |
| Total Shareholders Equity | 509.57-5.7% | 540.13-13.7% | 625.85-16.3% | 747.54+10.2% | 678.63+43.5% | 473.01+10.9% | 426.34+0.2% | 425.59+1.5% | 419.17 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 509.57-5.7% | 540.13-13.7% | 625.85-16.3% | 747.54+10.2% | 678.63+43.5% | 473.01+10.9% | 426.34+0.2% | 425.59+1.5% | 419.17 |
| Total Liabilities & Stockholders Equity | 1,618.14-7.6% | 1,751.21-23.2% | 2,279.78-9.6% | 2,523.00-4.1% | 2,631.84+36.4% | 1,929.50+8.1% | 1,784.13+11.3% | 1,603.32-9.4% | 1,770.22 |
| Book Value Per Share per share | 9.26-6.5% | 9.90-14.4% | 11.56-15.8% | 13.73-4.6% | 14.39+1.8% | 14.14-4.3% | 14.77-0.2% | 14.80+1.0% | 14.66 |
| Tangible Book Value Per Share per share | 9.26-6.5% | 9.90-14.4% | 11.56-15.8% | 13.73-4.6% | 14.39+1.8% | 14.14-4.3% | 14.77-0.2% | 14.80+1.0% | 14.66 |
| Full-Time Employees people | 4,250+32.8% | 3,200+14.3% | 2,800+9.8% | 2,550+21.4% | 2,100+44.8% | 1,450+20.8% | 1,200+11.6% | 1,075+7.5% | 1,000 |
| Price to Book Ratio ratio | 0.39 | 0.57 | 0.82 | 0.73 | 1.00 | 0.83 | 1.06 | 0.87 | 0.86 |
| Return on Assets % | -0.05 | -1.74 | -1.62 | 1.16 | 2.65 | 1.18 | 2.18 | 2.29 | 1.93 |
| Return on Equity % | -0.17 | -6.00 | -5.66 | 4.18 | 10.50 | 4.86 | 8.68 | 9.14 | 7.26 |
| Return on Invested Capital % | -0.09 | -2.59 | -1.77 | 1.20 | 3.08 | 1.34 | 3.52 | 2.50 | 2.87 |
| Quick Ratio ratio | 0.11 | 0.18 | 1.49 | 5.37 | 0.08 | 0.26 | 0.01 | 0.25 | 0.04 |
| Current Ratio ratio | 0.11 | 0.18 | 1.49 | 5.37 | 0.08 | 0.26 | 0.01 | 0.25 | 0.04 |
Cash flow, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 25.70 | 25.88-37.4% | 41.31-37.7% | 66.30-8.2% | 72.25+11.7% | 64.70+36.9% | 47.27+20.9% | 39.09+1.6% | 38.47 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -12.05 | -4.53 | -5.76 | -19.51 | -15.09 | -16.35 | -15.51 | -6.64-985.3% | 0.75 |
| Cash from Operating Activities | 13.64 | 21.35-39.9% | 35.55-24.0% | 46.79-18.1% | 57.16+18.2% | 48.35+52.2% | 31.76-2.1% | 32.45-17.3% | 39.22 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 31.80 | 3.16-74.5% | 12.41 | 0.00-100.0% | 38.23 | -0.14 | -0.27 | -1.69 | 0.00 |
| Purchase of Investments | -65.85 | -1.63 | -0.36 | 0.00 | 0.00 | -0.14 | -0.27 | -1.69 | 0.00 |
| Sale Or Maturity of Investments | 97.65 | 4.79-62.5% | 12.77 | 0.00-100.0% | 38.23 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | -27.87 | -0.15 | 0.00 | 0.00 | 0.00 |
| Other Sources | 44.99 | 51.97+100.2% | 25.96+1678.1% | 1.46-86.2% | 10.60+38.9% | 7.63+68.4% | 4.53-39.9% | 7.54+29.6% | 5.82 |
| Cash from Investing Activities | -424.71 | 148.14-65.4% | 427.91+235.7% | 127.46-34.0% | 193.17 | -699.68 | -81.87 | -174.43-210.5% | 157.92 |
| Cash Dividends Paid | -33.71 | -39.01 | -59.64 | -75.95 | -71.81 | -58.42 | -42.77 | -37.49 | -32.09 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | -4.60-104.3% | 106.10-48.1% | 204.46+180.4% | 72.93 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -4.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 106.10-48.1% | 204.46+180.4% | 72.93 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 106.10-48.1% | 204.46+180.4% | 72.93 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 382.53 | -129.62 | -447.99 | -124.51 | -193.96-140.3% | 481.14 | -81.14-146.7% | 173.63 | -182.31 |
| Change in Long Term Debt | 382.53 | -129.62 | -447.99 | -124.51 | -193.96-140.3% | 481.14 | -81.14-146.7% | 173.63 | -182.31 |
| Issuance of Long Term Debt | 730.48 | 487.55+256.5% | 136.76+213.2% | 43.67-88.3% | 372.19-76.8% | 1,603.31+237.3% | 475.39-53.2% | 1,016.81+58.9% | 639.92 |
| Reduction of Long Term Debt | -347.96 | -617.18 | -584.74 | -168.18 | -566.16 | -1,122.17 | -556.53 | -843.19 | -822.23 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 348.82 | -168.63 | -507.63 | -205.07 | -159.67-125.5% | 627.17+425.9% | 119.25-12.4% | 136.14 | -214.40 |
| Net Change in Cash | -62.25 | 0.86 | -44.16 | -30.82-134.0% | 90.66 | -24.16-134.9% | 69.14 | -5.83 | -17.25 |
| Free Cash Flow | 13.64 | 21.35-39.9% | 35.55-24.0% | 46.79-18.1% | 57.16+18.2% | 48.35+52.2% | 31.76-2.1% | 32.45-17.3% | 39.22 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow ratio | - | - | - | - | - | - | - | - | 52.41 |
Balance sheet, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 61.63-50.3% | 58.58-37.8% | 134.33+4.1% | 67.16+1.3% | 123.88+71.2% | 94.14+33.2% | 129.08+29.7% | 66.29-40.0% |
| Short Term Receivables | 0.00-100.0% | 0.00-100.0% | 0.00-100.0% | 0.08-96.0% | 0.21-90.0% | 0.31-87.5% | 0.36-89.8% | 1.99-46.1% |
| Investments | 75.54-43.6% | 76.24-43.7% | 76.85-43.8% | 130.16-6.4% | 133.85-5.0% | 135.47+65.8% | 136.86+65.9% | 139.03+66.9% |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 1,614.14+42.4% | 1,682.46+39.2% | 1,625.12+29.7% | 1,420.74-8.0% | 1,133.92-34.3% | 1,208.72-36.9% | 1,253.32-34.9% | 1,543.89-25.9% |
| Total Assets | 1,751.31+25.8% | 1,817.28+26.3% | 1,836.30+20.8% | 1,618.14-7.6% | 1,391.87-28.3% | 1,438.64-30.5% | 1,519.62-28.0% | 1,751.21-23.2% |
| Total Debt | 1,196.93+47.8% | 1,262.75+42.2% | 1,271.63+34.6% | 1,047.46-10.7% | 809.89-39.7% | 888.21-39.0% | 944.81-36.1% | 1,172.37-27.5% |
| Long Term Debt | 923.27+20.2% | 992.88+34.4% | 1,047.00+31.7% | 458.55-43.6% | 768.27-16.1% | 738.68-41.0% | 795.29-37.6% | 812.63-48.1% |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 62.67+2.8% | 65.30+144.3% | 72.25+121.2% | 61.12+57.9% | 60.99+82.0% | 26.73-13.7% | 32.66+8.7% | 38.70+4.8% |
| Total Liabilities | 1,259.60+44.6% | 1,328.05+45.2% | 1,343.89+37.5% | 1,108.57-8.5% | 870.88-36.7% | 914.94-38.5% | 977.48-35.2% | 1,211.07-26.8% |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 491.71-5.6% | 489.23-6.6% | 492.42-9.2% | 509.57-5.7% | 520.98-7.6% | 523.70-10.1% | 542.14-9.8% | 540.13-13.7% |
| Total Shareholders Equity | 491.71-5.6% | 489.23-6.6% | 492.42-9.2% | 509.57-5.7% | 520.98-7.6% | 523.70-10.1% | 542.14-9.8% | 540.13-13.7% |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 491.71-5.6% | 489.23-6.6% | 492.42-9.2% | 509.57-5.7% | 520.98-7.6% | 523.70-10.1% | 542.14-9.8% | 540.13-13.7% |
| Total Liabilities & Stockholders Equity | 1,751.31+25.8% | 1,817.28+26.3% | 1,836.30+20.8% | 1,618.14-7.6% | 1,391.87-28.3% | 1,438.64-30.5% | 1,519.62-28.0% | 1,751.21-23.2% |
| Book Value Per Share per share | 8.86-6.4% | 8.82-7.4% | 8.89-10.0% | 9.26-6.5% | 9.47-8.4% | 9.52-10.9% | 9.88-10.5% | 9.90-14.4% |
| Tangible Book Value Per Share per share | 8.86-6.4% | 8.82-7.4% | 8.89-10.0% | 9.26-6.5% | 9.47-8.4% | 9.52-10.9% | 9.88-10.5% | 9.90-14.4% |
| Full-Time Employees people | - | - | - | 4,250+32.8% | - | - | - | 3,200+14.3% |
| Price to Book Ratio ratio | 0.39 | 0.51 | 0.52 | 0.50 | 0.47 | 0.48 | 0.47 | 0.57 |
| Return on Assets % | 0.06 | -0.27 | -1.18 | -0.05 | -0.46 | -1.04 | -0.73 | -1.74 |
| Return on Equity % | 0.19 | -0.88 | -3.84 | -0.17 | -1.42 | -3.30 | -2.33 | -6.00 |
| Return on Invested Capital % | 0.71 | 0.30 | -0.62 | -0.40 | 0.36 | -0.87 | 0.70 | -0.79 |
| Quick Ratio ratio | 0.22 | 0.21 | 0.57 | 0.11 | 2.29 | 0.58 | 0.80 | 0.18 |
| Current Ratio ratio | 0.22 | 0.21 | 0.57 | 0.11 | 2.29 | 0.58 | 0.80 | 0.18 |
Cash flow, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 6.53-8.2% | 6.69+19.9% | 6.43-10.1% | 6.04-36.6% | 7.11-27.8% | 5.58-43.4% | 7.15-40.8% | 9.53-9.8% |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -4.46 | 56.85 | -63.03-7429.1% | -1.42 | -3.27 | -0.70 | 0.86 | -2.46 |
| Cash from Operating Activities | 2.08-45.8% | 63.55+1202.3% | -56.61-806.7% | 4.63-34.5% | 3.84-54.4% | 4.88-43.7% | 8.01-29.6% | 7.07-29.9% |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 60.60+70.0% | -8.12 | 10.88 | -31.56-354.3% | 35.65 | -0.92 | -0.01 | 12.41 |
| Purchase of Investments | -64.05 | -0.96 | -0.53 | -0.30 | -0.39 | -0.92 | -0.01 | -0.36 |
| Sale Or Maturity of Investments | 124.65+245.8% | -7.15 | 11.41 | -31.26-344.8% | 36.05 | 0.00 | 0.00 | 12.77 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 4.05-60.1% | -2.25-509.1% | 2.25+603.1% | 40.94+102.3% | 10.16+100.8% | 0.55+27.9% | 0.32+39.1% | 20.24+8700.0% |
| Cash from Investing Activities | 76.62-32.3% | -121.50-562.7% | -89.78-130.1% | -290.05-268.0% | 113.20-6.9% | 26.26 | 298.74+122.9% | 172.67+101.1% |
| Cash Dividends Paid | -8.46 | -8.44 | -8.44 | -8.37 | -8.37 | -8.35 | -13.92 | -13.81 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -67.19 | -9.36 | 222.00 | 237.07 | -78.92 | -57.73 | -230.04 | -171.98 |
| Change in Long Term Debt | -67.19 | -9.36 | 222.00 | 237.07 | -78.92 | -57.73 | -230.04 | -171.98 |
| Issuance of Long Term Debt | 9.52-88.8% | 99.51 | 331.04+193.3% | 290.41+1202.9% | 85.05-16.4% | -0.79 | 112.87+783.2% | 22.29+6455.9% |
| Reduction of Long Term Debt | -76.70 | -108.87 | -109.04 | -53.34 | -163.98 | -56.95 | -342.91 | -194.28 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -75.64 | -17.80 | 213.56 | 228.70 | -87.29 | -66.09 | -243.96 | -185.79 |
| Net Change in Cash | 3.05-89.7% | -75.76 | 67.17+7.0% | -56.72 | 29.74+1649.4% | -34.95 | 62.79 | -6.05-112.2% |
| Free Cash Flow | 2.08-45.8% | 63.55+1202.3% | -56.61-806.7% | 4.63-34.5% | 3.84-54.4% | 4.88-43.7% | 8.01-29.6% | 7.07-29.9% |
Revenue breakdown
USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| Real Estate Investment Trusts | 69.65 | 54.83 | -21.3% | 100.0% |
| Total | 69.65 | 54.83 | -21.3% | 100.0% |
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| United States | 69.65 | 54.83 | -21.3% | 100.0% |
| Total | 69.65 | 54.83 | -21.3% | 100.0% |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 4.67% | 2.4M | 52.0M | 544.07K |
| 2026-10-15 | 4.91% | 2.6M | 52.0M | 485.31K |
| 2026-09-30 | 4.56% | 2.4M | 52.0M | 432.26K |
| 2026-09-15 | 4.06% | 2.1M | 52.0M | 430.15K |
| 2026-08-31 | 4.54% | 2.4M | 52.0M | 444.64K |
| 2026-08-14 | 4.35% | 2.3M | 52.0M | 461.07K |
| 2026-07-31 | 3.83% | 2.0M | 52.0M | 433.32K |
| 2026-07-15 | 3.99% | 2.1M | 52.0M | 425.02K |
| 2026-06-30 | 3.71% | 1.9M | 52.0M | 424.47K |
| 2026-06-15 | 3.08% | 1.6M | 52.0M | 404.33K |
| 2026-05-29 | 3.92% | 2.0M | 52.0M | 411.31K |
| 2026-05-15 | 3.71% | 1.9M | 52.0M | 419.64K |
| 2026-04-30 | 3.71% | 1.9M | 52.0M | 472.70K |
| 2026-04-15 | 3.53% | 1.8M | 52.0M | 506.91K |
| 2026-03-31 | 4.24% | 2.2M | 51.9M | 541.84K |
| 2026-03-13 | 4.26% | 2.2M | 51.9M | 596.92K |
| 2026-02-27 | 3.06% | 1.6M | 51.9M | 582.81K |
| 2026-02-13 | 3.16% | 1.6M | 51.9M | 585.47K |
| 2026-01-30 | 3.26% | 1.7M | 51.6M | 545.90K |
| 2026-01-15 | 3.80% | 2.0M | 51.6M | 510.41K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 0.95 | 1.05 | 1.07 | 232.9% | 101 | 1.00 | 0.900 | -0.009 | 0.001 |
| call | 5.00 | 0.00 | 0.05 | 0.01 | 179.4% | 699 | 2.00 | 0.120 | -0.012 | 0.001 |
| call | 7.50 | 0.00 | 0.05 | 0.03 | 290.4% | 156 | 0.00 | 0.080 | -0.014 | 0.001 |
| put | 2.50 | 0.00 | 0.05 | 0.08 | 678.8% | 4.00 | 0.00 | -0.196 | -0.062 | 0.001 |
| put | 5.00 | 1.00 | 1.75 | 1.10 | 309.7% | 42.00 | 0.00 | -0.878 | -0.013 | 0.001 |
| put | 7.50 | 3.30 | 4.50 | 2.93 | 616.5% | 0.00 | 0.00 | -0.916 | -0.016 | 0.001 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-09 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-11-06 | 8-K | Current report | 2026-11-06 | SEC |
| 2026-10-09 | 8-K | Current report | 2026-10-05 | SEC |
| 2026-09-22 | 8-K | Current report | 2026-09-18 | SEC |
| 2026-08-04 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-04 | 8-K | Current report | 2026-08-04 | SEC |
| 2026-07-31 | SCHEDULE 13G | SEC | ||
| 2026-06-01 | 8-K | Current report | 2026-05-27 | SEC |
| 2026-05-15 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-05-07 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-07 | 8-K | Current report | 2026-05-07 | SEC |
| 2026-05-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-05-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-05-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-05-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-05-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-05-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-04-01 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-01 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-01 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-05-27 | SEC |
| 2026-03-30 | 8-K | Current report | 2026-03-24 | SEC |
| 2026-03-26 | SCHEDULE 13G/A | SEC | ||
| 2026-03-16 | 8-K | Current report | 2026-03-10 | SEC |
| 2026-02-10 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-02-10 | 8-K | Current report | 2026-02-10 | SEC |
| 2026-01-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-14 | SEC |
| 2026-01-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-14 | SEC |
| 2026-01-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-14 | SEC |
| 2026-01-14 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-01-14 | 144 | Filing for proposed sale of securities under Rule 144. | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 175.35K | 3 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| BlackRock, Inc. | 8.42% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.35% |
| Lighthouse Investment Partners, LLC | 2.82% |
| GEODE CAPITAL MANAGEMENT, LLC | 2.75% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 2.44% |
| North Ground Capital | 2.22% |
| STATE STREET CORP | 2.12% |
| CURA WEALTH ADVISORS, LLC | 1.63% |
| Focus Partners Wealth | 1.22% |
| VAN ECK ASSOCIATES CORP | 1.08% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 3.09% |
| iShares Russell 2000 ETF | 2.48% |
| VANGUARD EXTENDED MARKET INDEX FUND | 1.16% |
| Fidelity Small Cap Index Fund | 1.10% |
| VanEck Mortgage REIT Income ETF | 1.10% |
| iShares Mortgage Real Estate ETF | 1.09% |
| iShares Russell 2000 Value ETF | 0.92% |
| Hotchkis and Wiley Small Cap Diversified Value Fund | 0.64% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.55% |
| Hoya Capital High Dividend Yield ETF | 0.51% |
OakChart. ACRE. Cached 15 minutes. Terms