Ares Commercial Real Estate Corporation, Wintrust Financial Corporation, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ares Commercial Real Estate Corporation (ACRE), Wintrust Financial Corporation (WTFCM), First Savings Financial Group (FSFG) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ares Commercial Real Estate Corporation (ACRE) 13.03% 2023-08-15 19:44:08
Wintrust Financial Corporation (WTFCM) 7.18% 2023-08-15 13:23:09
First Savings Financial Group (FSFG) 3.09% 2023-08-04 13:12:07
South State Corporation (SSB) 2.64% 2023-08-08 19:11:07

Almost 2K companies listed in the Nasdaq and NYSE pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. Ares Commercial Real Estate Corporation (ACRE) – Dividend Yield: 13.03%

Ares Commercial Real Estate Corporation’s last close was $9.96, 28.91% under its 52-week high of $14.01. Intraday change was -3.21%.

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments, including commercial mortgage backed securities. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Ares Commercial Real Estate Corporation has a trailing twelve months EPS of $0.11.

PE Ratio

Ares Commercial Real Estate Corporation has a trailing twelve months price to earnings ratio of 90.55. Meaning, the purchaser of the share is investing $90.55 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.69%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ares Commercial Real Estate Corporation’s EBITDA is 15.34.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 2100% and 380%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 72%, now sitting on 29.14M for the twelve trailing months.

More news about Ares Commercial Real Estate Corporation.

2. Wintrust Financial Corporation (WTFCM) – Dividend Yield: 7.18%

Wintrust Financial Corporation’s last close was $22.95, 13.46% under its 52-week high of $26.52. Intraday change was -1.6%.

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. It also engages in the origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and cash management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions. It provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional customers. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. As of December 31, 2019, the company had approximately 187 banking facilities and 230 ATMs. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.

Earnings Per Share

As for profitability, Wintrust Financial Corporation has a trailing twelve months EPS of $7.11.

PE Ratio

Wintrust Financial Corporation has a trailing twelve months price to earnings ratio of 3.15. Meaning, the purchaser of the share is investing $3.15 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.75%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.6%, now sitting on 2.07B for the twelve trailing months.

Volume

Today’s last reported volume for Wintrust Financial Corporation is 5633 which is 33.79% below its average volume of 8508.

More news about Wintrust Financial Corporation.

3. First Savings Financial Group (FSFG) – Dividend Yield: 3.09%

First Savings Financial Group’s last close was $17.27, 28.31% under its 52-week high of $24.09. Intraday change was 3.65%.

First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits. The company also provides loans, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans, as well as consumer loans, such as automobile loans, home equity lines of credit, unsecured loans, and loans secured by deposits. In addition, it is involved in the mortgage banking; investment activities; and the provision of property and casualty insurance products, and reinsurance to other third-party insurance captives. The company operates 15 branches. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana.

Earnings Per Share

As for profitability, First Savings Financial Group has a trailing twelve months EPS of $1.67.

PE Ratio

First Savings Financial Group has a trailing twelve months price to earnings ratio of 10.72. Meaning, the purchaser of the share is investing $10.72 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.18%.

Volume

Today’s last reported volume for First Savings Financial Group is 1757 which is 77.2% below its average volume of 7708.

More news about First Savings Financial Group.

4. South State Corporation (SSB) – Dividend Yield: 2.64%

South State Corporation’s last close was $77.63, 15.38% under its 52-week high of $91.74. Intraday change was -1.4%.

South State Corporation operates as the bank holding company for South State Bank that provides a range of banking services and products. The company accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, and other time deposits. It also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, the company provides treasury management services, merchant services, debit card products, automated clearing house services, lock-box services, remote deposit capture services, and other treasury services. As of December 31, 2020, it served customers through 285 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

Earnings Per Share

As for profitability, South State Corporation has a trailing twelve months EPS of $7.04.

PE Ratio

South State Corporation has a trailing twelve months price to earnings ratio of 11.03. Meaning, the purchaser of the share is investing $11.03 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.45%.

More news about South State Corporation.

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