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: $15.46
  • 50 Day Moving Average: $15.76
  • 200 Day Moving Average: $15.03
  • 52-Week Range: $12.31 - $16.43
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.69
  • P/E Growth: 3.67
  • Market Cap: $N/A
  • Beta: 0.76
Profitability:
  • Net Margins: 41.39%
  • Return on Equity: 9.44%
  • Return on Assets: 5.28%
Debt:
  • Debt-to-Equity Ratio: 0.73%
  • Current Ratio: 1.23%
  • Quick Ratio: 1.23%
Additional Links:
Companies Related to Ares Capital Corp.:

Analyst Ratings

Consensus Ratings for Ares Capital Corp. (NASDAQ:ARCC) (?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $16.71 (7.76% 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 10/1/2014 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: $1.6 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:9.80%
Payout Ratio:113.43% (Based on Trailing 12 Months of Earnings)
99.35% (Based on Current Year Consensus EPS Estimate)
95.00% (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)
Insider Ownership Percentage: 0.57%
Institutional Ownership Percentage: 49.35%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 Corp. (NASDAQ:ARCC)
DateHeadline
News IconTwo Financial Stocks Are Hot: Ares Capital Corporation (ARCC), WisdomTree Investments, Inc. (WETF) - The Independent Republic (NASDAQ:ARCC)
theindependentrepublic.com - October 1 at 3:28 PM
News Icon7 High-Dividend Stocks to Buy ASAP (NASDAQ:ARCC)
portal.kiplinger.com - October 1 at 9:01 AM
stocksdaily.net logoAres Capital Corporation (NASDAQ:ARCC) EPS Projection For FY2016 At $1.54 (NASDAQ:ARCC)
www.stocksdaily.net - September 30 at 4:00 PM
seekingalpha.com logoBlue Chip Dividend Stock Yields 9.8%, Solid Dividend Coverage ... - Seeking Alpha (NASDAQ:ARCC)
seekingalpha.com - September 29 at 3:48 PM
stocksdaily.net logoAres Capital Corporation (NASDAQ:ARCC) EPS Projection For FY2016 At $1.54 - Stocks Daily (NASDAQ:ARCC)
www.stocksdaily.net - September 29 at 3:48 PM
News IconLatest Analyst Ratings For Ares Capital Corporation (NASDAQ:ARCC) - The De Soto Edge (NASDAQ:ARCC)
desotoedge.com - September 29 at 8:21 AM
marketrealist.com logoWhat to Expect of Closed-End Funds’ 3Q Earnings (NASDAQ:ARCC)
marketrealist.com - September 26 at 8:15 AM
4-traders.com logoAres Capital Corporation : Shorted Shares Increased By 4.41% (NASDAQ:ARCC)
www.4-traders.com - September 23 at 3:58 PM
stocksdaily.net logoWill Ares Capital Corporation (NASDAQ:ARCC) Surprise Analysts This Quarter? (NASDAQ:ARCC)
www.stocksdaily.net - September 23 at 3:58 PM
marketrealist.com logoApollo Capital, Prospect Capital Reward Shareholders with High Payouts (NASDAQ:ARCC)
marketrealist.com - September 23 at 8:23 AM
investornewswire.com logoAnalysts Expect Ares Capital Corporation (NASDAQ:ARCC) To Post EPS Of $0.41 - Investor Newswire (NASDAQ:ARCC)
www.investornewswire.com - September 20 at 3:33 PM
biz.yahoo.com logoARES CAPITAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli (NASDAQ:ARCC)
biz.yahoo.com - September 20 at 9:29 AM
fool.com logoDon't Count on "Spillover" Income to Save These Double-Digit Dividend Yields (NASDAQ:ARCC)
www.fool.com - September 19 at 8:17 AM
finance.yahoo.com logoLPC: BDC space ripe for consolidation (NASDAQ:ARCC)
finance.yahoo.com - September 16 at 3:32 PM
seekingalpha.com logoAres Capital - Don't Pass Up This 10% Yielder (NASDAQ:ARCC)
seekingalpha.com - September 15 at 12:28 PM
News IconAres Capital Corporation (NASDAQ:ARCC) Shorted Shares Increased 3.94% After Market Selling - Frisco Fastball (NASDAQ:ARCC)
friscofastball.com - September 14 at 7:43 AM
News IconStock Gapping Down Before the Open: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - September 13 at 3:34 PM
seekingalpha.com logoAres Capital - Don't Pass Up This 10% Yielder - Seeking Alpha (NASDAQ:ARCC)
seekingalpha.com - September 13 at 8:24 AM
nasdaq.com logoAres Capital Corporation (ARCC) Ex-Dividend Date Scheduled for September 13, 2016 - Nasdaq (NASDAQ:ARCC)
www.nasdaq.com - September 12 at 3:33 PM
seekingalpha.com logo3 Reasons You Should Buy Ares Capital (NASDAQ:ARCC)
seekingalpha.com - September 12 at 8:20 AM
forbes.com logo4 High Yield Stocks To Sell, 1 To Buy (NASDAQ:ARCC)
www.forbes.com - September 10 at 8:18 AM
forbes.com logoReminder - Ares Capital (ARCC) Goes Ex-Dividend Soon (NASDAQ:ARCC)
www.forbes.com - September 9 at 10:42 AM
News IconStocks in the Spotlight: Ares Capital Corporation (NASDAQ:ARCC), Western Digital Corp (NASDAQ:WDC), Grupo ... - NYSE Journal (press release) (NASDAQ:ARCC)
stockznews.com - September 7 at 3:31 PM
News IconAres Capital Corporation (NASDAQ:ARCC) To Report September 2016 Results - The Voice Registrar (NASDAQ:ARCC)
voiceregistrar.com - September 7 at 3:31 PM
News IconAres Capital Corp (NASDAQ: ARCC) stock reaches new 52-week high - BNB Daily (blog) (NASDAQ:ARCC)
www.baseball-news-blog.com - September 6 at 3:32 PM
News IconShares Charging Up to a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - September 1 at 3:33 PM
News IconStock Tracking Up to a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC)
www.kentuckypostnews.com - September 1 at 12:00 PM
News IconOverbuying Stock in Limelight: Ares Capital Corporation (NASDAQ:ARCC) - Post Registrar (NASDAQ:ARCC)
postregistrar.com - August 31 at 3:33 PM
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

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Ares Capital Corp. (NASDAQ:ARCC) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff