ACRES Commercial Realty Corp. stock is down -2.47% since 30 days ago. The next earnings date is Feb 29, 2024. The company has had above-average volume in the last 30 days. Its seasonality going into this month shows a chance of a red month, as 38.89% of the previous 17 December’s closed higher than November.
ACRES Commercial Realty Corp. focuses on the origination, holding, and management of commercial real estate mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income tax if it distributes 100% of its REIT taxable income.