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NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

Ares Management logo
$167.68
-1.32 (-0.78%)
(As of 10/31/2024 ET)

About Ares Management Stock (NYSE:ARES)

Key Stats

Today's Range
$166.22
$170.54
50-Day Range
$137.39
$171.03
52-Week Range
$96.00
$171.78
Volume
2.48 million shs
Average Volume
1.15 million shs
Market Capitalization
$51.95 billion
P/E Ratio
87.33
Dividend Yield
2.22%
Price Target
$159.18
Consensus Rating
Moderate Buy

Company Overview

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. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Ares Management Stock Analysis - MarketRank™

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90th Percentile Overall Score

ARES MarketRank™: 

Ares Management scored higher than 90% of companies evaluated by MarketBeat, and ranked 156th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ares Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ares Management has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ares Management's stock forecast and price target.
  • Earnings Growth

    Earnings for Ares Management are expected to grow by 39.42% in the coming year, from $4.16 to $5.80 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ares Management is 87.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ares Management is 87.33, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 48.75.

  • Price to Earnings Growth Ratio

    Ares Management has a PEG Ratio of 1.48. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ares Management has a P/B Ratio of 11.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Ares Management's valuation and earnings.
  • Percentage of Shares Shorted

    1.22% of the outstanding shares of Ares Management have been sold short.
  • Short Interest Ratio / Days to Cover

    Ares Management has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ares Management has recently increased by 16.00%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Ares Management pays a meaningful dividend of 2.18%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ares Management has been increasing its dividend for 6 years.

  • Dividend Coverage

    The dividend payout ratio of Ares Management is 166.82%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Ares Management will have a dividend payout ratio of 64.14% next year. This indicates that Ares Management will be able to sustain or increase its dividend.

  • Read more about Ares Management's dividend.
  • Percentage of Shares Shorted

    1.22% of the outstanding shares of Ares Management have been sold short.
  • Short Interest Ratio / Days to Cover

    Ares Management has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ares Management has recently increased by 16.00%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Ares Management has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Ares Management this week, compared to 11 articles on an average week.
  • Search Interest

    Only 9 people have searched for ARES on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Ares Management to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ares Management insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $91,378,848.00 in company stock.

  • Percentage Held by Insiders

    Only 1.20% of the stock of Ares Management is held by insiders.

  • Percentage Held by Institutions

    50.03% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ares Management's insider trading history.
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ARES Stock News Headlines

Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Ares Capital (ARCC) Receives a Rating Update from a Top Analyst
Ares Capital Reports Strong Investment Growth and Earnings
Ares Management Co. (NYSE:ARES) Short Interest Update
See More Headlines

ARES Stock Analysis - Frequently Asked Questions

Ares Management's stock was trading at $118.92 at the start of the year. Since then, ARES shares have increased by 41.0% and is now trading at $167.68.
View the best growth stocks for 2024 here
.

Ares Management Co. (NYSE:ARES) released its quarterly earnings data on Friday, August, 2nd. The asset manager reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The asset manager had revenue of $788.68 million for the quarter, compared to analysts' expectations of $860.09 million. Ares Management had a net margin of 12.53% and a trailing twelve-month return on equity of 20.46%.

Top institutional investors of Ares Management include Principal Financial Group Inc. (0.92%), Curated Wealth Partners LLC (0.53%), M&G PLC (0.37%) and Hamlin Capital Management LLC (0.36%). Insiders that own company stock include Ares Management Llc, Corporate Opportunities F Ares, Michael J Arougheti, R Kipp Deveer, Ryan Berry, Aghili Naseem Sagati, Judy D Olian, Antoinette Cook Bush, Ashish Bhutani, David B Kaplan, Ares Capital Management Ii Llc, Antony P Ressler and Bennett Rosenthal.
View institutional ownership trends
.

Shares of ARES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ares Management investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

Last Earnings
8/02/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Employees
2,850
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$159.18
High Stock Price Target
$195.00
Low Stock Price Target
$127.00
Potential Upside/Downside
-5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
39.06%

Debt

Sales & Book Value

Annual Sales
$4.65 billion
Cash Flow
$3.28 per share
Book Value
$14.55 per share

Miscellaneous

Free Float
309,238,000
Market Cap
$52.28 billion
Optionable
Optionable
Beta
1.22

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This page (NYSE:ARES) was last updated on 10/31/2024 by MarketBeat.com Staff
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