Ares Management (ARES) Projected to Post Earnings on Monday

Ares Management (NYSE:ARES - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect Ares Management to post earnings of $0.99 per share and revenue of $914.00 million for the quarter.

Ares Management (NYSE:ARES - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The asset manager reported $1.23 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.12). Ares Management had a net margin of 11.35% and a return on equity of 16.64%. On average, analysts expect Ares Management to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Ares Management Stock Up 3.2 %

Ares Management stock traded up $4.87 during midday trading on Friday, reaching $157.14. The company's stock had a trading volume of 411,618 shares, compared to its average volume of 1,753,651. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $49.56 billion, a P/E ratio of 77.41, a PEG ratio of 1.28 and a beta of 1.40. The stock's 50-day simple moving average is $147.09 and its 200-day simple moving average is $167.74. Ares Management has a 52-week low of $110.63 and a 52-week high of $200.49.

Ares Management Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $1.12 dividend. This is a positive change from Ares Management's previous quarterly dividend of $0.93. This represents a $4.48 annualized dividend and a dividend yield of 2.85%. The ex-dividend date was Monday, March 17th. Ares Management's dividend payout ratio (DPR) is presently 183.25%.

Insider Buying and Selling at Ares Management

In other news, CEO Michael J. Arougheti sold 110,845 shares of Ares Management stock in a transaction on Monday, March 24th. The stock was sold at an average price of $153.17, for a total transaction of $16,978,128.65. Following the transaction, the chief executive officer now owns 1,400,000 shares in the company, valued at $214,438,000. The trade was a 7.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider R. Kipp Deveer sold 78,933 shares of the business's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $190.02, for a total transaction of $14,998,848.66. Following the completion of the transaction, the insider now owns 1,150,000 shares in the company, valued at $218,523,000. The trade was a 6.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 329,113 shares of company stock worth $54,409,915. Corporate insiders own 0.52% of the company's stock.

Wall Street Analysts Forecast Growth

ARES has been the subject of a number of research reports. Citizens Jmp raised Ares Management from a "market perform" rating to an "outperform" rating and set a $165.00 price target for the company in a research report on Tuesday, April 8th. Barclays decreased their target price on Ares Management from $217.00 to $142.00 and set an "overweight" rating for the company in a report on Monday, April 7th. TD Cowen cut their price target on shares of Ares Management from $216.00 to $161.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. JMP Securities upgraded shares of Ares Management from a "market perform" rating to a "market outperform" rating and set a $165.00 price objective for the company in a research note on Tuesday, April 8th. Finally, Oppenheimer upgraded shares of Ares Management from a "market perform" rating to an "outperform" rating and set a $159.00 price objective on the stock in a research note on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $165.00.

About Ares Management

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets.