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.
- 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.