ACRE
Ares Commercial Real Estate Corporation
ACRE's fundamentals are mixed, but it looks expensive: trading at 174x earnings, about 13 times its usual 13x. Analysts expect strong earnings growth.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
ACRE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
ACRE's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like ACRE.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
ACRE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.2x | $0.18 | -95% |
| Forward | 11x | $3.47 | — |
| Fair | 13x | $0.26 | -93% |
| Expensive | 25x | $0.49 | -86% |
| Current | 174x | $3.47 | — |
Historical ranges are pointers, not guarantees.
ACRE's PE is in its expensive range at 174x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
ACRE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
ACRE has the edge over OPEN on the outlook, with more favorable earnings expectations.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
ACRE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.32 | +1510% |
| Q3 2026 | $0.02 | +$0.16 |
| Q2 2026 | -$0.08 | +$0.25 |
| Q1 2026 | -$0.36 | -$0.12 |
| Q4 2025 | -$0.02 | +$0.62 |
| Q3 2025 | -$0.14 | +$1.04 |
| Q2 2025 | -$0.33 | +$0.57 |
| Q1 2025 | -$0.24 | +$0.59 |
| Q4 2024 | -$0.64 | +$0.08 |
ACRE has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
ACRE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $13.5M | -4.2% |
| Q2 2026 | $14.4M | +14% |
| Q1 2026 | $13.5M | -10% |
| Q4 2025 | $13.2M | -25% |
| Q3 2025 | $14.1M | -15% |
| Q2 2025 | $12.6M | -25% |
| Q1 2025 | $14.9M | -20% |
| Q4 2024 | $17.5M | -0.2% |
ACRE's revenue has slid since its 2022 peak: $14M last quarter, down 4.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 74% | +42 points |
| Q2 2026 | 31% | +119 points |
| Q1 2026 | -71% | -136 points |
| Q4 2025 | -29% | +32 points |
| Q3 2025 | 33% | +68 points |
| Q2 2025 | -88% | -51 points |
| Q1 2025 | 64% | +130 points |
| Q4 2024 | -61% | +164 points |
ACRE has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
ACRE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.1M | -46% |
| Q2 2026 | $63.5M | +1202% |
| Q1 2026 | -$56.6M | -807% |
| Q4 2025 | $4.6M | -35% |
| Q3 2025 | $3.8M | -54% |
| Q2 2025 | $4.9M | -44% |
| Q1 2025 | $8M | -30% |
| Q4 2024 | $7.1M | -30% |
ACRE has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
ACRE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +30.6K shares |
| 1 year | +1.1% | +610K shares |
| 3 years | +2.9% | +1.6M shares |
| 5 years | +19% | +9.2M shares |
| Available history | +95% | +27.5M shares |
ACRE has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
ACRE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 202.9x | High |
| Q2 2026 | 969.4x | High |
| Q4 2025 | 117.4x | High |
| Q3 2025 | 396.1x | High |
| Q4 2022 | 27.1x | High |
| Q3 2022 | 17.3x | High |
| Q2 2022 | 15.7x | High |
| Q1 2022 | 12.1x | High |
ACRE's net debt is more than 20 years of its operating earnings (EBITDA), up from more than 20 years a year ago. Net leverage isn't a meaningful measure for real estate companies like ACRE.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
ACRE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.9 | Neutral |
| Stochastic | 19.3 | Oversold |
ACRE's weekly RSI is 34 (neutral) and its Stochastic is 19 (oversold).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
ACRE PE vs Real Estate Sector
| Metric | ACRE | Sector median | Relative |
|---|---|---|---|
| PE | 174x | 24x | 626% above |
| PE % | 92 | 23 | 69 pts above |
ACRE is trading at 174x earnings, a 626% premium to the Real Estate sector's median of 24x.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
ACRE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.61 | 3.9% below |
| 20 week MA | $4.18 | 17% below |
| 50 week MA | $4.66 | 26% below |
| 100 week MA | $4.76 | 27% below |
| 200 week MA | $6.74 | 49% below |
ACRE is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
ACRE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $12.2 | -24% |
| 2021 | $12.2 | $14.8 | +21% |
| 2022 | $14.8 | $10.9 | -26% |
| 2023 | $10.9 | $10.4 | -5.3% |
| 2024 | $10.4 | $6.11 | -41% |
| 2025 | $6.11 | $5.04 | -18% |
| 2026 YTD | $5.04 | $3.47 | -31% |
ACRE has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.