ACRES Commercial Realty: Are The Commons Still A Buy?
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ACRES Commercial Realty Corp. (ACR) has seen a significant increase in its stock price over the past year as it works to close its discount to book value. The company's book value per share has grown to $28.87, but shares are still trading at a 27% discount. The Series C preferred shares offer a 10.4% yield but are trading slightly above their liquidation value.
March 10, 2025 | 2:30 pm
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ACRES Commercial Realty Corp. (ACR) is trading at a 27% discount to its book value, despite a recent increase in book value per share. The Series C preferred shares offer a high yield but are slightly above liquidation value.
The article highlights ACR's significant discount to book value, which suggests potential for price appreciation as the market corrects this discrepancy. The increase in book value per share further supports a positive outlook. The high yield on Series C preferreds may attract income-focused investors, although the slight premium to liquidation value could limit upside.
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