ACRES Commercial Realty Corp. stock is up 8.5% since 30 days ago. The next earnings date is May 1, 2024. The company has had above-average volume in the last 30 days. Its seasonality going into this month shows a chance of a green month, as 55.56% of the previous 18 February’s closed higher than January.
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.
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