Ares Capital Company Profile (NASDAQ:ARCC)

About Ares Capital

Ares Capital logoAres Capital Corporation is a specialty finance company that is a closed-end, non-diversified management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in the United States middle-market companies. The Company invests in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position), second lien senior secured loans and mezzanine debt, which in some cases includes an equity component. The Company focuses on self-originating most of its investments by pursuing an array of investment opportunities in middle-market companies, venture capital backed businesses and power generation projects across multiple channels. It also makes preferred and/or common equity investments. The Company is externally managed by its investment advisor, Ares Capital Management LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Diversified Investments
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: ARCC
  • CUSIP: 04010L10
Key Metrics:
  • Previous Close: $17.79
  • 50 Day Moving Average: $17.24
  • 200 Day Moving Average: $16.16
  • 52-Week Range: $13.65 - $17.86
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.32
  • P/E Growth: 3.68
  • Market Cap: $N/A
  • Beta: 0.69
Profitability:
  • Net Margins: 40.83%
  • Return on Equity: 9.57%
  • Return on Assets: 5.34%
Debt:
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 1.30%
  • Quick Ratio: 1.30%
Additional Links:
Companies Related to Ares Capital:

Analyst Ratings

Consensus Ratings for Ares Capital (NASDAQ:ARCC) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $17.75 (0.00% downside)

Analysts' Ratings History for Ares Capital (NASDAQ:ARCC)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017National SecuritiesBoost Price TargetNeutral$16.00 -> $18.00View Rating Details
2/23/2017Jefferies Group LLCReiterated RatingBuy$17.50 -> $19.50View Rating Details
1/8/2017Barclays PLCSet Price TargetBuy$18.00View Rating Details
1/4/2017Wells Fargo & CoReiterated RatingBuyView Rating Details
11/3/2016JMP SecuritiesReiterated RatingBuyView Rating Details
10/31/2016Janney Montgomery ScottInitiated CoverageNeutral$16.50View Rating Details
8/4/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$17.00 -> $17.50View Rating Details
2/24/2016Cantor FitzgeraldReiterated RatingHold$16.00View Rating Details
11/2/2015BMO Capital MarketsInitiated CoverageMarket PerformView Rating Details
10/1/2015MacquarieUpgradeNeutral -> Outperform$17.00View Rating Details
9/30/2015DA DavidsonInitiated CoverageBuy$17.00View Rating Details
8/28/2015Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$17.00View Rating Details
8/24/2015Citigroup Inc.Lower Price TargetBuy$19.00 -> $18.00View Rating Details
6/6/2015Morgan StanleyReiterated RatingEqual WeightView Rating Details
5/9/2015GuggenheimReiterated RatingBuy$18.50 -> $18.00View Rating Details
5/4/2015BB&T Co.Reiterated RatingBuy -> HoldView Rating Details
(Data available from 3/1/2015 forward)

Earnings

Earnings History for Ares Capital (NASDAQ:ARCC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/22/2017Q416$0.39$0.42$244.50 millionViewListenView Earnings Details
11/2/2016Q316$0.39$0.43$39.72 millionViewN/AView Earnings Details
8/3/2016Q216$0.38$0.39$250.55 millionViewN/AView Earnings Details
5/4/2016Q116$0.39$0.37$255.19 million$248.00 millionViewN/AView Earnings Details
2/24/2016Q415$0.39$0.40$256.38 millionViewListenView Earnings Details
11/4/2015Q315$0.38$0.41$253.36 million$260.95 millionViewN/AView Earnings Details
8/4/2015Q215$0.38$0.37$246.24 million$249.48 millionViewN/AView Earnings Details
5/4/2015$0.39$0.37$254.93 millionViewN/AView Earnings Details
2/26/2015Q414$0.39$0.42$253.76 millionViewN/AView Earnings Details
11/4/2014Q414$0.38$0.40$242.60 millionViewN/AView Earnings Details
8/5/2014Q314$0.38$0.34$231.50 million$224.92 millionViewN/AView Earnings Details
5/6/2014Q214$0.39$0.38$230.70 million$239.70 millionViewN/AView Earnings Details
2/26/2014Q114$0.41$0.47$231.67 millionViewN/AView Earnings Details
11/5/2013Q413$0.40$0.48$213.33 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.39$0.38$200.63 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.40$0.38$194.41 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.41$0.45$197.05 millionViewN/AView Earnings Details
11/5/2012Q312$0.41$0.42$185.92 millionViewN/AView Earnings Details
8/7/2012$0.39$0.40ViewN/AView Earnings Details
5/8/2012$0.39$0.38ViewN/AView Earnings Details
2/28/2012$0.39$0.48ViewN/AView Earnings Details
11/8/2011$0.37$0.43ViewN/AView Earnings Details
8/4/2011$0.34$0.34ViewN/AView Earnings Details
5/3/2011$0.35$0.31ViewN/AView Earnings Details
3/1/2011$0.35$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ares Capital (NASDAQ:ARCC)
Current Year EPS Consensus Estimate: $1.61 EPS
Next Year EPS Consensus Estimate: $1.72 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.38$0.40$0.39
Q2 20163$0.37$0.40$0.38
Q3 20164$0.38$0.40$0.39
Q4 20165$0.38$0.41$0.39
Q1 20173$0.38$0.39$0.38
Q2 20173$0.38$0.42$0.40
Q3 20173$0.38$0.42$0.40
Q4 20173$0.41$0.42$0.41
Q1 20182$0.41$0.42$0.42
Q2 20182$0.42$0.44$0.43
Q3 20182$0.43$0.43$0.43
Q4 20182$0.43$0.45$0.44
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ares Capital (NASDAQ:ARCC)
Annual Dividend:$1.52
Dividend Yield:8.56%
Payout Ratio:115.15% (Based on Trailing 12 Months of Earnings)
94.41% (Based on Current Year Consensus EPS Estimate)
88.37% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ares Capital (NASDAQ:ARCC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017quarterly$0.388.56%3/13/20173/15/20173/31/2017
11/2/2016quarterly$0.389.98%12/13/201612/15/201612/30/2016
8/3/2016quarterly$0.389.88%9/13/20169/15/20169/30/2016
5/4/2016quarterly$0.389.96%6/13/20166/15/20166/30/2016
2/24/2016quarterly$0.383/11/20163/15/20163/31/2016
11/4/2015quarterly$0.389.7%12/11/201512/15/201512/31/2015
8/4/2015quarterly$0.389.53%9/11/20159/15/20159/30/2015
5/4/2015quarterly$0.389.14%6/11/20156/15/20156/30/2015
2/26/2015quarterly$0.388.79%3/11/20153/13/20153/31/2015
11/5/2014quarterly$0.389.42%12/11/201412/15/201412/31/2014
8/5/2014quarterly$0.389.17%9/11/20149/15/20149/30/2014
5/6/2014quarterly$0.389.07%6/12/20146/16/20146/30/2014
2/26/2014quarterly$0.388.42%3/12/20143/14/20143/31/2014
11/5/2013special$0.058.67%3/12/20143/14/20143/28/2014
11/5/2013special$0.058.67%12/12/201312/16/201312/31/2013
11/5/2013quarterly$0.388.67%12/12/201312/16/201312/31/2013
8/6/2013quarterly$0.388.8%9/12/20139/16/20139/30/2013
5/7/2013quarterly$0.388.38%6/12/20136/14/20136/28/2013
2/27/2013quarterly$0.388.21%3/13/20133/15/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ares Capital (NASDAQ:ARCC)
Insider Ownership Percentage: 0.57%
Institutional Ownership Percentage: 39.07%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Steve BartlettDirectorBuy200$16.00$3,200.00View SEC Filing  
11/21/2016Steve BartlettDirectorBuy200$15.78$3,156.00View SEC Filing  
10/20/2016Steve BartlettDirectorBuy200$15.37$3,074.00View SEC Filing  
9/20/2016Steve BartlettDirectorBuy200$15.60$3,120.00View SEC Filing  
8/22/2016Steve BartlettDirectorBuy200$15.72$3,144.00View SEC Filing  
8/15/2016Mitchell S GoldsteinInsiderBuy6,472$15.45$99,992.40View SEC Filing  
7/20/2016Steve BartlettDirectorBuy200$14.77$2,954.00View SEC Filing  
6/20/2016Steve BartlettDirectorBuy200$14.20$2,840.00View SEC Filing  
5/20/2016Steve BartlettDirectorBuy200$15.12$3,024.00View SEC Filing  
4/20/2016Steve BartlettDirectorBuy200$15.05$3,010.00View SEC Filing  
3/21/2016Steve BartlettDirectorBuy200$14.26$2,852.00View SEC Filing  
3/11/2016R. Kipp DeveerCEOBuy40,000$13.90$556,000.00View SEC Filing  
3/8/2016Scott C LemCAOBuy1,800$14.00$25,200.00View SEC Filing  
2/26/2016Michael J AroughetiEVPBuy90,000$13.55$1,219,500.00View SEC Filing  
2/25/2016Mitchell S GoldsteinInsiderBuy19,200$12.97$249,024.00View SEC Filing  
2/22/2016Steve BartlettDirectorBuy100$12.85$1,285.00View SEC Filing  
1/20/2016Steve BartlettDirectorBuy100$13.20$1,320.00View SEC Filing  
12/21/2015Steve BartlettDirectorBuy100$14.08$1,408.00View SEC Filing  
9/14/2015Bates Ann TorreDirectorBuy8,126$14.87$120,833.62View SEC Filing  
8/24/2015Penelope F RollCFOBuy7,500$15.22$114,150.00View SEC Filing  
8/14/2015Steven B MckeeverDirectorBuy1,835$16.13$29,598.55View SEC Filing  
3/12/2015Robert L RosenDirectorBuy7,500$16.77$125,775.00View SEC Filing  
3/6/2015Robert L RosenDirectorBuy5,000$17.57$87,850.00View SEC Filing  
3/4/2015Robert L RosenDirectorBuy7,500$17.41$130,575.00View SEC Filing  
1/20/2015Steve BartlettDirectorBuy100$15.97$1,597.00View SEC Filing  
12/15/2014Penelope F RollCFOBuy2,000$15.04$30,080.00View SEC Filing  
12/4/2014Scott C LemCAOBuy1,250$16.00$20,000.00View SEC Filing  
11/26/2014Scott C LemCAOBuy1,225$16.33$20,004.25View SEC Filing  
11/5/2014Joshua M BloomsteinVPBuy2,500$16.20$40,500.00View SEC Filing  
11/5/2014Michael J AroughetiEVPBuy60,000$16.20$972,000.00View SEC Filing  
11/5/2014Penelope F RollCFOBuy3,000$16.14$48,420.00View SEC Filing  
8/7/2014R. Kipp DeveerCEOBuy10,000$16.51$165,100.00View SEC Filing  
8/7/2014Scott C LemCAOBuy1,462$16.97$24,810.14View SEC Filing  
8/6/2014Joshua M BloomsteinVPBuy1,500$16.41$24,615.00View SEC Filing  
8/6/2014Penelope F RollCFOBuy6,000$16.43$98,580.00View SEC Filing  
8/6/2014Scott C LemCAOBuy300$16.48$4,944.00View SEC Filing  
5/30/2014Scott C LemCAOBuy287$17.24$4,947.88View SEC Filing  
5/16/2014Scott C LemCAOBuy300$16.81$5,043.00View SEC Filing  
5/15/2014Michael Lewis SmithEVPBuy10,000$16.75$167,500.00View SEC Filing  
5/13/2014Joshua BloomsteinVPBuy5,000$16.61$83,050.00View SEC Filing  
5/9/2014Michael AroughetiCEOBuy50,000$16.60$830,000.00View SEC Filing  
3/7/2014Scott C LemCAOBuy275$17.88$4,917.00View SEC Filing  
12/3/2013Steven MckeeverDirectorBuy1,650$18.16$29,964.00View SEC Filing  
11/13/2012Steve BartlettDirectorBuy1,000$16.89$16,890.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ares Capital (NASDAQ:ARCC)
DateHeadline
News IconHow Does the Chart Look for Ares Capital Corporation (ARCC) ? - The USA Commerce (NASDAQ:ARCC)
www.theusacommerce.com - March 1 at 5:29 AM
News IconIs It Time to go for Tractor Supply Company (TSCO), Ares Capital Corporation (ARCC)? - StockNewsJournal (NASDAQ:ARCC)
www.stocknewsjournal.com - March 1 at 5:29 AM
News Icon(ARCC) Reaches New 1-Year High After Better-Than-Expected Earnings (NASDAQ:ARCC)
ekosvoice.com - February 28 at 3:50 PM
News IconAnalysts Offer Predictions for Ares Capital Co.'s Q1 2017 Earnings (ARCC) (NASDAQ:ARCC)
techknowbits.com - February 28 at 3:50 PM
fool.com logoBetter Buy: Main Street Capital vs. Ares Capital (NASDAQ:ARCC)
us.rd.yahoo.com - February 28 at 3:50 PM
finance.yahoo.com logoAres’ Jacobson Sees Changes in European Credit Markets (NASDAQ:ARCC)
finance.yahoo.com - February 28 at 3:50 PM
News IconAnalysts Set Ares Capital Corporation (ARCC) Price Target at the $16.70 (NASDAQ:ARCC)
latribunadecanarias.com - February 28 at 10:28 AM
marketrealist.com logoAres Capital Strengthened Its Senior Direct Loan Program in 4Q16 (NASDAQ:ARCC)
marketrealist.com - February 28 at 10:27 AM
us.rd.yahoo.com logoARCC’s Net Investments Rose on Senior Secured Loans in 4Q16 (NASDAQ:ARCC)
us.rd.yahoo.com - February 27 at 3:43 PM
finance.yahoo.com logoAres Capital Corporation Highlights Fourth Quarter 2016 Financing Commitments (NASDAQ:ARCC)
finance.yahoo.com - February 27 at 8:08 AM
News IconAres Capital Corp. (ARCC) Short Interest Up 5.3% in December (NASDAQ:ARCC)
mundoaguaysaneamiento.net - February 26 at 3:32 PM
News IconJefferies Group Comments on Ares Capital Co.'s Q1 2018 Earnings (ARCC) (NASDAQ:ARCC)
prensariotiretail.com - February 26 at 3:32 PM
News IconDrilling Down Into the Charts for Ares Capital Corporation (ARCC) - The USA Commerce (NASDAQ:ARCC)
theusacommerce.com - February 25 at 3:30 PM
finance.yahoo.com logoARES CAPITAL CORP Financials (NASDAQ:ARCC)
finance.yahoo.com - February 25 at 3:30 PM
News IconAre Analysts Optimistic About Where Ares Capital Corporation (NASDAQ:ARCC) is Heading? - Winfield Review (NASDAQ:ARCC)
winfieldreview.com - February 24 at 6:15 PM
News IconSizzling Stock Touches New Recent High: Ares Capital Corporation (NASDAQ:ARCC) (NASDAQ:ARCC)
cloudhostinghq.net - February 24 at 1:15 PM
News Icon(ARCC) Stock Rating Reaffirmed by Jefferies Group LLC (NASDAQ:ARCC)
fairydetox.org - February 24 at 1:15 PM
News Icon(ARCC) Reaches New 52-Week High on Better-Than-Expected Earnings (NASDAQ:ARCC)
nyhetsbanken.info - February 24 at 1:15 PM
News IconTaking a Look at the Data Behind Ares Capital Corporation (ARCC) (NASDAQ:ARCC)
giftedviz.com - February 24 at 1:15 PM
finance.yahoo.com logoEdited Transcript of ARCC earnings conference call or presentation 22-Feb-17 5:00pm GMT (NASDAQ:ARCC)
finance.yahoo.com - February 23 at 3:38 PM
seekingalpha.com logoAres Capital's (ARCC) CEO Kipp deVeer on Q4 2016 Results - Earnings Call Transcript (NASDAQ:ARCC)
seekingalpha.com - February 23 at 1:39 AM
nasdaq.com logoPre-Market Earnings Report for February 22, 2017 : TJX, SO, HCN, DISH, HST, NCLH, GRMN, ARCC, NI, UTHR, LAMR ... - Nasdaq (NASDAQ:ARCC)
www.nasdaq.com - February 22 at 3:36 PM
News IconAres Capital Corporation (ARCC), Spirit Realty Capital, Inc. (SRC) Stock Eyes Ahead of Earnings - The USA Commerce (NASDAQ:ARCC)
www.theusacommerce.com - February 22 at 3:36 PM
marketwatch.com logo10-K: ARES CAPITAL CORP (NASDAQ:ARCC)
www.marketwatch.com - February 22 at 11:25 AM
biz.yahoo.com logoARES CAPITAL CORP Files SEC form 10-K, Annual Report (NASDAQ:ARCC)
us.rd.yahoo.com - February 22 at 11:25 AM
us.rd.yahoo.com logoAres Capital Corporation Declares First Quarter 2017 Dividend of $0.38 Per Share and Announces December 31, 2016 Financial Results (NASDAQ:ARCC)
us.rd.yahoo.com - February 22 at 11:25 AM
us.rd.yahoo.com logo8:03 am Ares Capital beats by $0.03 (NASDAQ:ARCC)
us.rd.yahoo.com - February 22 at 11:25 AM
biz.yahoo.com logoARES CAPITAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financ (NASDAQ:ARCC)
us.rd.yahoo.com - February 22 at 11:25 AM
sg.finance.yahoo.com logoAres Capital tops Street 4Q forecasts (NASDAQ:ARCC)
sg.finance.yahoo.com - February 22 at 11:25 AM
News IconAres Capital Corporation (ARCC) : Checking the Chart - The USA Commerce (NASDAQ:ARCC)
theusacommerce.com - February 21 at 8:47 AM
News IconA Look Ahead For 2 Stocks: Colony NorthStar, Inc. (CLNS), Ares ... - Post Analyst (NASDAQ:ARCC)
postanalyst.com - February 19 at 8:13 AM
News IconWhat Analyst Ratings Say about Ares Capital's Performance (NASDAQ:ARCC)
prensariotiretail.com - February 18 at 9:43 AM
News IconDividend Stock To Monitor: Ares Capital Corporation (NASDAQ:ARCC) (NASDAQ:ARCC)
oakridgeobserver.com - February 17 at 6:30 PM
marketrealist.com logoWhat Analyst Ratings Say about Ares Capital’s Performance (NASDAQ:ARCC)
marketrealist.com - February 17 at 6:30 PM
nasdaq.com logoAres Capital Corporation Named Top Dividend Stock With Insider Buying and 8.64% Yield (NASDAQ:ARCC)
www.nasdaq.com - February 16 at 8:43 PM
nasdaq.com logoAres Capital Corporation Named Top Dividend Stock With Insider Buying and 8.64% Yield (NASDAQ:ARCC)
www.nasdaq.com - February 16 at 8:43 PM
News IconThe Ares Capital Corporation (ARCC) Sees Large Decline in Short Interest (NASDAQ:ARCC)
emfizz.com - February 16 at 8:43 PM
News IconThe Ares Capital Corporation (ARCC) Sees Large Decline in Short Interest (NASDAQ:ARCC)
emfizz.com - February 16 at 8:43 PM
News IconBrief Summary of Analyst's Viewpoints: Ares Capital Corporation's (ARCC) (NASDAQ:ARCC)
mundoaguaysaneamiento.net - February 16 at 8:43 PM
News IconBrief Summary of Analyst's Viewpoints: Ares Capital Corporation's (ARCC) (NASDAQ:ARCC)
mundoaguaysaneamiento.net - February 16 at 8:43 PM
News IconA Keen Look At The Chart For Ares Capital Corporation (ARCC) - NY Stock News (NASDAQ:ARCC)
nystocknews.com - February 16 at 3:41 PM
News IconRevenue Approximations Analysis: FLIR Systems, Inc. (FLIR), Ares Capital Corporation (ARCC) - StockNewsJournal (NASDAQ:ARCC)
stocknewsjournal.com - February 16 at 3:41 PM
marketrealist.com logoWhat Boosted Ares Capital’s Valuation? (NASDAQ:ARCC)
marketrealist.com - February 16 at 3:41 PM
News IconIs The Sell-Side Predicting That Ares Capital Corporation (NASDAQ:ARCC) Will Move Higher? - Winfield Review (NASDAQ:ARCC)
winfieldreview.com - February 16 at 8:32 AM
News IconBuy, Sell or Hold? Analysts Approach: The Wendy's Company (WEN), Ares Capital Corporation (ARCC)? - The USA Commerce (NASDAQ:ARCC)
www.theusacommerce.com - February 16 at 8:32 AM
News IconWhat Does The Chart For Ares Capital Corporation (ARCC) Tell Us Presently? - NY Stock News (NASDAQ:ARCC)
nystocknews.com - February 16 at 8:32 AM
News IconThe Case for and Against Ares Capital Corporation (ARCC) - StockNewsJournal (NASDAQ:ARCC)
stocknewsjournal.com - February 16 at 8:32 AM
marketrealist.com logoHow Ares Capital’s Net Investments Could Rise in 4Q16 (NASDAQ:ARCC)
marketrealist.com - February 16 at 8:32 AM
marketrealist.com logoAres Capital’s Credit Statistics Expected to Improve in 4Q16 (NASDAQ:ARCC)
marketrealist.com - February 16 at 8:32 AM
marketrealist.com logoCould Ares Capital’s Second-Lien Preference Continue in 4Q? (NASDAQ:ARCC)
marketrealist.com - February 16 at 8:32 AM

Social

What is Ares Capital's stock symbol?

Ares Capital trades on the NASDAQ under the ticker symbol "ARCC."

How often does Ares Capital pay dividends? What is the dividend yield for Ares Capital?

Ares Capital announced a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.38 per share on Friday, March 31st. This represents a $1.52 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date of this dividend is Monday, March 13th.

Where is Ares Capital's stock going? Where will Ares Capital's stock price be in 2017?

7 brokerages have issued 1-year price objectives for Ares Capital's shares. Their predictions range from $16.50 to $19.50. On average, they expect Ares Capital's share price to reach $17.75 in the next year.

When will Ares Capital announce their earnings?

Ares Capital is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Ares Capital stock?

Here are some recent quotes from research analysts about Ares Capital stock:

  • National Securities analysts commented, "• ARCC reported core NII/share of $0.42/share for 4Q16 versus consensus estimates of $0.39 and our estimate of $0.40. The beat was largely attributable to higher capital structure servicing fees.
    • The company was granted exemptive relief to co-invest with other Ares funds. This enables ARCC to take down larger size deals without dealing with syndication risk, making ARCC more attractive to sponsors and enabling them to command better pricing on large deals due to them being able to provide certainty of closing.
    • With the completion of the American Capital acquisition ARCC will likely rotate out of European buyouts, controlled buyout names, and other non-strategic portfolios such as third party CLO (collateralized loan obligation) investments. Additionally, the SDLP (Senior Direct Lending Program) will have more room to grow to replace the SSLP (Senior Secured Loan Program) with Antares that is running off which should serve to offset some yield pressure.
    • We are revising our 2017 core NII/share estimate to $1.64 from $1.62 and are rolling out our 2018 core NII/share estimate of $1.68.
    " (2/24/2017)

  • Jefferies Group LLC analysts commented, "ARCC reported core NOI per share of $0.42 ahead of our estimate, as another quarter of larger transactions/syndications drove elevated fee income. ARCC remains selective, acknowledging the ongoing competitive environment. We remain favorable on ARCC given numerous earnings tailwinds including rising rates, ACAS integration and the wind-down of the SSLP, which should ease yield headwinds. We maintain our Buy rating and increase our PT to $19.50." (2/23/2017)
  • According to Zacks Investment Research, "ARES CAPITAL CORPORATION is a specialty finance company that is a closed-end, non-diversified management investment company. Ares Capital Corporation has elected to be regulated as a business development company under the Investment Company Act of 1940. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private U.S. middle market companies. " (2/6/2017)

Who owns Ares Capital stock?

Ares Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Thornburg Investment Management Inc. (0.00%), FMR LLC (0.00%), Delphi Financial Group Inc. (0.00%), Edge Asset Management Inc. (0.00%), Clough Capital Partners L P (0.00%) and Two Sigma Investments LP (0.00%). Company insiders that own Ares Capital stock include Bates Ann Torre, Michael J Arougheti, Mitchell S Goldstein, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Scott C Lem, Steve Bartlett and Steven B Mckeever.

Who sold Ares Capital stock? Who is selling Ares Capital stock?

Ares Capital's stock was sold by a variety of institutional investors in the last quarter, including Freestone Capital Holdings LLC, Clough Capital Partners L P, FMR LLC, Columbia Wanger Asset Management LLC, Loomis Sayles & Co. L P, Tudor Investment Corp Et Al, Raiff Partners Inc. and First Republic Investment Management Inc..

Who bought Ares Capital stock? Who is buying Ares Capital stock?

Ares Capital's stock was acquired by a variety of institutional investors in the last quarter, including Elliott Management Corp, Two Sigma Investments LP, Van ECK Associates Corp, Ancora Advisors LLC, Advisory Research Inc., TCW Group Inc., Guggenheim Capital LLC and Edge Asset Management Inc.. Company insiders that have bought Ares Capital stock in the last two years include Bates Ann Torre, Michael J Arougheti, Mitchell S Goldstein, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Scott C Lem, Steve Bartlett and Steven B Mckeever.

How do I buy Ares Capital stock?

Shares of Ares Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ares Capital stock cost?

One share of Ares Capital stock can currently be purchased for approximately $17.75.

Ares Capital (NASDAQ:ARCC) Chart for Wednesday, March, 1, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ares Capital (NASDAQ:ARCC)

Earnings History Chart

Earnings by Quarter for Ares Capital (NASDAQ:ARCC)

Dividend History Chart

Dividend Payments by Quarter for Ares Capital (NASDAQ:ARCC)

Last Updated on 3/1/2017 by MarketBeat.com Staff