Ares Capital Corp. Company Profile (NASDAQ:ARCC)

About Ares Capital Corp.

Ares Capital Corp. 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: $16.11
  • 50 Day Moving Average: $15.240
  • 200 Day Moving Average: $14.680
  • 52-Week Range: $12.31 - $16.17
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.98
  • P/E Growth: 3.790
  • Market Cap: $N/A
  • Beta: 0.79
Additional Links:
Companies Related to Ares Capital Corp.:

Analyst Ratings

Consensus Ratings for Ares Capital Corp. (NASDAQ:ARCC) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $16.75 (3.59% upside)

Analysts' Ratings History for Ares Capital Corp. (NASDAQ:ARCC)
Show:
DateFirmActionRatingPrice TargetDetails
8/9/2016JMP SecuritiesBoost Price TargetMarket Outperform$16.00 -> $17.00View Rating Details
8/4/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$17.00 -> $17.50View Rating Details
8/4/2016Jefferies GroupReiterated RatingBuy$17.50View Rating Details
8/4/2016National SecuritiesReiterated RatingNeutral$16.00View Rating Details
2/25/2016Barclays PLCLower Price TargetOverweight$18.00 -> $16.00View 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 Corp.Reiterated RatingBuy -> HoldView Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Ares Capital Corp. (NASDAQ:ARCC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
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 Corp. (NASDAQ:ARCC)
Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.62 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$0.40$0.42$0.41
Q2 20173$0.39$0.43$0.41
Q3 20173$0.41$0.41$0.41
Q4 20173$0.40$0.41$0.41
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ares Capital Corp. (NASDAQ:ARCC)
Annual Dividend:$1.52
Dividend Yield:9.40%
Payout Ratio:113.43% (Based on Trailing 12 Months of Earnings)
99.35% (Based on Current Year Consensus EPS Estimate)
93.83% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ares Capital Corp. (NASDAQ:ARCC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corp. (NASDAQ:ARCC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 Corp. (NASDAQ:ARCC)
DateHeadline
News IconStock Up Over the Past Five Trading Days: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - August 29 at 9:12 PM
News IconInsider Trading and Share Price Activity: Ares Capital Corporation ... - Post Registrar (NASDAQ:ARCC)
postregistrar.com - August 29 at 4:09 PM
investors.com logoAres Capital Corporation an “August Opportunity,” Says Analyst - Income Investors (NASDAQ:ARCC)
www.incomeinvestors.com - August 25 at 8:20 AM
News IconStock Reaching a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - August 23 at 8:49 PM
News IconMover to Watch: Ares Capital Corporation (NASDAQ:ARCC), Accenture plc (NYSE:ACN) - Newburg Press (NASDAQ:ARCC)
newburghpress.com - August 23 at 8:49 PM
blogs.barrons.com logoKBW: Ares Capital is an August Opportunity (NASDAQ:ARCC)
blogs.barrons.com - August 23 at 8:49 PM
News IconStock Trading Above Moving Averages: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - August 23 at 3:34 PM
News IconShares Showing Gains in the Last Five Trading Sessions: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - August 23 at 7:24 AM
stocksdaily.net logoWhat Is Mean Rating On Ares Capital Corporation (NASDAQ:ARCC ... - Stocks Daily (NASDAQ:ARCC)
www.stocksdaily.net - August 23 at 7:24 AM
News IconFinancial Stocks in Front Line: Ares Capital Corporation (NASDAQ:ARCC), Prudential Financial Inc (NYSE:PRU) - share market updates (press release) (NASDAQ:ARCC)
sharemarketupdates.com - August 19 at 4:11 PM
News IconRecent Insider Trading: Ares Capital Corporation (ARCC) - The Voice Registrar (NASDAQ:ARCC)
voiceregistrar.com - August 18 at 3:42 PM
investornewswire.com logoCan Ares Capital Corporation (NASDAQ:ARCC) Surprise Analysts ... - Investor Newswire (NASDAQ:ARCC)
www.investornewswire.com - August 16 at 3:35 PM
investornewswire.com logoAres Capital Corporation (NASDAQ:ARCC) Records An Estimated Annual Sales Mean Of $1028.16 - Investor Newswire (NASDAQ:ARCC)
www.investornewswire.com - August 10 at 3:54 PM
finance.yahoo.com logoARES CAPITAL CORP Financials (NASDAQ:ARCC)
finance.yahoo.com - August 9 at 4:39 PM
tradecalls.org logoAres Capital Corporation (ARCC) Shares are Up 2.11% – Trade Calls - Trade Calls (NASDAQ:ARCC)
www.tradecalls.org - August 8 at 8:21 AM
News IconAres Capital, Varagon Announce Launch of Senior Direct Lending Program (NASDAQ:ARCC)
www.abladvisor.com - August 4 at 12:04 PM
twst.com logoAres Capital Corporation: Ares Capital Corporation Highlights Second Quarter 2016 Financing Commitments (NASDAQ:ARCC)
www.twst.com - August 4 at 12:04 PM
publicnow.com logoAres Capital Corporation Highlights Second Quarter 2016 Financing Commitments (NASDAQ:ARCC)
www.publicnow.com - August 4 at 12:04 PM
benzinga.com logoAres Capital Corporation Declares Third Quarter... (NASDAQ:ARCC)
www.benzinga.com - August 3 at 12:06 PM
rttnews.com logoEARNINGS SUMMARY: Details of Ares Capital Corp. Q3 Earnings Report (NASDAQ:ARCC)
www.rttnews.com - August 3 at 12:06 PM
twst.com logoAres Capital Corporation: Senior Direct Lending Program Launches (NASDAQ:ARCC)
www.twst.com - August 3 at 12:06 PM
sg.finance.yahoo.com logoAres Capital tops 2Q profit forecasts (NASDAQ:ARCC)
sg.finance.yahoo.com - August 3 at 12:06 PM
publicnow.com logoAres Capital Corporation Declares Third Quarter 2016 Dividend of $0.38 Per Share and Announces June 30, 2016 Financial Results (NASDAQ:ARCC)
www.publicnow.com - August 3 at 12:06 PM
publicnow.com logoSenior Direct Lending Program Launches (NASDAQ:ARCC)
www.publicnow.com - August 3 at 12:06 PM
feeds.reuters.com logoBRIEF-Ares Capital Q2 core EPS $0.39 (NASDAQ:ARCC)
feeds.reuters.com - August 3 at 9:34 AM
seekingalpha.com logoAres Capital outearns dividend in Q2 (NASDAQ:ARCC)
seekingalpha.com - August 3 at 8:19 AM
streetupdates.com logoAnalysts Trends to Watch: Cousins Properties Incorporated (NYSE:CUZ) , Ares Capital Corporation (NASDAQ:ARCC) - Street Updates (NASDAQ:ARCC)
www.streetupdates.com - August 2 at 3:34 PM
247wallst.com logo4 Mid-Cap Stocks With 6% to 10% Yields and Upside Expected (NASDAQ:ARCC)
247wallst.com - August 2 at 8:21 AM
News IconAres Capital Corporation (NASDAQ:ARCC) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NASDAQ:ARCC)
voiceregistrar.com - July 28 at 10:14 PM
investornewswire.com logoAres Capital Corporation (NASDAQ:ARCC) Brokerage Rating Update - Investor Newswire (NASDAQ:ARCC)
www.investornewswire.com - July 27 at 11:47 AM
fortune.com logoAnalyst Ratings Worth Watching: Ares Capital Corporation (NASDAQ:ARCC), Key Energy Services, Inc. (NYSE:KEG) - Review Fortune (NASDAQ:ARCC)
reviewfortune.com - July 26 at 1:06 PM
forbes.com logoFriday 7/22 Insider Buying Report: ARCC (NASDAQ:ARCC)
www.forbes.com - July 24 at 8:20 AM
News IconStock Up Nicely This Week: Ares Capital Corporation (NASDAQ:ARCC) - TGP (NASDAQ:ARCC)
telanaganapress.com - July 23 at 3:34 PM
News IconFriday Session Wrap-up for Ares Capital Corporation (NASDAQ:ARCC) - Engelwood Daily (NASDAQ:ARCC)
www.engelwooddaily.com - July 22 at 8:34 PM
streetupdates.com logoStocks inside Analysts Limelight: Host Hotels & Resorts, Inc. (NYSE:HST) , Ares Capital Corporation (NASDAQ:ARCC) - Street Updates (NASDAQ:ARCC)
www.streetupdates.com - July 22 at 3:32 PM
News IconStock Bouncing to a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Press Telegraph (NASDAQ:ARCC)
presstelegraph.com - July 22 at 3:32 PM
News IconAres Capital Corporation (NASDAQ:ARCC): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:ARCC)
www.engelwooddaily.com - July 22 at 11:46 AM
News IconAttention Grasping Stock With Upward Momentum: Ares Capital Corporation (NASDAQ:ARCC) - TGP (NASDAQ:ARCC)
telanaganapress.com - July 22 at 11:46 AM
News IconHigh Expectations Remain For Ares Capital Corporation (NASDAQ:ARCC) - TGP (NASDAQ:ARCC)
telanaganapress.com - July 21 at 3:34 PM
News IconStock Strength in Focus for Ares Capital Corporation (NASDAQ:ARCC) - Press Telegraph (NASDAQ:ARCC)
presstelegraph.com - July 20 at 11:00 PM
News IconShares Positive Over the Past Month: Ares Capital Corporation (NASDAQ:ARCC) - TGP (NASDAQ:ARCC)
telanaganapress.com - July 20 at 11:00 PM
fortune.com logoAres Capital Corporation (NASDAQ:ARCC) Insider Activities Are in the Air - Review Fortune (NASDAQ:ARCC)
reviewfortune.com - July 20 at 11:00 PM
247wallst.com logoJefferies Says Buy These Ultra High-Yield Stocks Into Q2 Earnings (NASDAQ:ARCC)
247wallst.com - July 20 at 10:35 AM
nasdaq.com logoAres Capital Breaks Above 200-Day Moving Average - Bullish for ... - Nasdaq (NASDAQ:ARCC)
www.nasdaq.com - July 19 at 8:58 PM
nasdaq.com logoAres Capital Breaks Above 200-Day Moving Average - Bullish for ARCC (NASDAQ:ARCC)
www.nasdaq.com - July 19 at 3:33 PM
News IconShare Performance Summary for: Ares Capital Corporation (NASDAQ:ARCC) - Press Telegraph (NASDAQ:ARCC)
presstelegraph.com - July 17 at 3:28 PM
News IconAnalysts Are Expecting this Stock to Rise: Ares Capital Corporation (NASDAQ:ARCC) - TGP (NASDAQ:ARCC)
telanaganapress.com - July 16 at 11:16 AM
News IconAres Capital Corporation (NASDAQ:ARCC) Sellers Increased By 57% Their Shorts - Consumer Eagle (NASDAQ:ARCC)
www.consumereagle.com - July 16 at 11:16 AM
tradecalls.org logoAres Capital Corporation (ARCC): Price Target and June Short Interest Disclosure - Trade Calls (NASDAQ:ARCC)
www.tradecalls.org - July 16 at 11:16 AM
News IconWere Analysts Bullish Ares Capital Corporation (NASDAQ:ARCC) This Week? - Consumer Eagle (NASDAQ:ARCC)
www.consumereagle.com - July 13 at 3:36 PM

Social

Ares Capital Corp. (NASDAQ:ARCC) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff