Ares Capital Corp. Company Profile (NASDAQ:ARCC)

About Ares Capital Corp.

Ares 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.:

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:

Date	Firm	Action	Rating	Price Target
8/9/2016	JMP Securities	Boost Price Target	Market Outperform	$16.00 -> $17.00
8/4/2016	Keefe, Bruyette & Woods	Boost Price Target	Outperform	$17.00 -> $17.50
8/4/2016	Jefferies Group	Reiterated Rating	Buy	$17.50
8/4/2016	National Securities	Reiterated Rating	Neutral	$16.00
2/25/2016	Barclays PLC	Lower Price Target	Overweight	$18.00 -> $16.00
2/24/2016	Cantor Fitzgerald	Reiterated Rating	Hold	$16.00
11/2/2015	BMO Capital Markets	Initiated Coverage	Market Perform
10/1/2015	Macquarie	Upgrade	Neutral -> Outperform	$17.00
9/30/2015	DA Davidson	Initiated Coverage	Buy	$17.00
8/28/2015	Raymond James Financial Inc.	Upgrade	Market Perform -> Outperform	$17.00
8/24/2015	Citigroup Inc.	Lower Price Target	Buy	$19.00 -> $18.00
6/6/2015	Morgan Stanley	Reiterated Rating	Equal Weight
5/9/2015	Guggenheim	Reiterated Rating	Buy	$18.50 -> $18.00
5/4/2015	BB&T Corp.	Reiterated Rating	Buy -> Hold

(Data available from 10/1/2014 forward)

Earnings History for Ares Capital Corp. (NASDAQ:ARCC)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/2/2016
8/3/2016	Q216	$0.38	$0.39	$250.55 million		View	N/A
5/4/2016	Q116	$0.39	$0.37	$255.19 million	$248.00 million	View	N/A
2/24/2016	Q415	$0.39	$0.40	$256.38 million		View	Listen
11/4/2015	Q315	$0.38	$0.41	$253.36 million	$260.95 million	View	N/A
8/4/2015	Q215	$0.38	$0.37	$246.24 million	$249.48 million	View	N/A
5/4/2015		$0.39	$0.37	$254.93 million		View	N/A
2/26/2015	Q414	$0.39	$0.42	$253.76 million		View	N/A
11/4/2014	Q414	$0.38	$0.40	$242.60 million		View	N/A
8/5/2014	Q314	$0.38	$0.34	$231.50 million	$224.92 million	View	N/A
5/6/2014	Q214	$0.39	$0.38	$230.70 million	$239.70 million	View	N/A
2/26/2014	Q114	$0.41	$0.47	$231.67 million		View	N/A
11/5/2013	Q413	$0.40	$0.48	$213.33 million		View	N/A
8/6/2013	Q2 2013	$0.39	$0.38	$200.63 million		View	N/A
5/7/2013	Q1 2013	$0.40	$0.38	$194.41 million		View	N/A
2/27/2013	Q4 2012	$0.41	$0.45	$197.05 million		View	N/A
11/5/2012	Q312	$0.41	$0.42	$185.92 million		View	N/A
8/7/2012		$0.39	$0.40			View	N/A
5/8/2012		$0.39	$0.38			View	N/A
2/28/2012		$0.39	$0.48			View	N/A
11/8/2011		$0.37	$0.43			View	N/A
8/4/2011		$0.34	$0.34			View	N/A
5/3/2011		$0.35	$0.31			View	N/A
3/1/2011		$0.35	$0.42			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Ares Capital Corp. (NASDAQ:ARCC)

Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.6 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	6	$0.38	$0.40	$0.39
Q2 2016	3	$0.37	$0.40	$0.38
Q3 2016	4	$0.38	$0.40	$0.39
Q4 2016	5	$0.38	$0.41	$0.39
Q1 2017	3	$0.40	$0.42	$0.41
Q2 2017	3	$0.39	$0.43	$0.41
Q3 2017	3	$0.41	$0.41	$0.41
Q4 2017	3	$0.40	$0.41	$0.41

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/3/2016	quarterly	$0.38	9.88%	9/13/2016	9/15/2016	9/30/2016
5/4/2016	quarterly	$0.38	9.96%	6/13/2016	6/15/2016	6/30/2016
2/24/2016	quarterly	$0.38		3/11/2016	3/15/2016	3/31/2016
11/4/2015	quarterly	$0.38	9.7%	12/11/2015	12/15/2015	12/31/2015
8/4/2015	quarterly	$0.38	9.53%	9/11/2015	9/15/2015	9/30/2015
5/4/2015	quarterly	$0.38	9.14%	6/11/2015	6/15/2015	6/30/2015
2/26/2015	quarterly	$0.38	8.79%	3/11/2015	3/13/2015	3/31/2015
11/5/2014	quarterly	$0.38	9.42%	12/11/2014	12/15/2014	12/31/2014
8/5/2014	quarterly	$0.38	9.17%	9/11/2014	9/15/2014	9/30/2014
5/6/2014	quarterly	$0.38	9.07%	6/12/2014	6/16/2014	6/30/2014
2/26/2014	quarterly	$0.38	8.42%	3/12/2014	3/14/2014	3/31/2014
11/5/2013	special	$0.05	8.67%	3/12/2014	3/14/2014	3/28/2014
11/5/2013	special	$0.05	8.67%	12/12/2013	12/16/2013	12/31/2013
11/5/2013	quarterly	$0.38	8.67%	12/12/2013	12/16/2013	12/31/2013
8/6/2013	quarterly	$0.38	8.8%	9/12/2013	9/16/2013	9/30/2013
5/7/2013	quarterly	$0.38	8.38%	6/12/2013	6/14/2013	6/28/2013
2/27/2013	quarterly	$0.38	8.21%	3/13/2013	3/15/2013	3/29/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Ares Capital Corp. (NASDAQ:ARCC)

Insider Ownership Percentage: 0.57%
Institutional Ownership Percentage: 49.35%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/20/2016	Steve Bartlett	Director	Buy	200	$15.60	$3,120.00
8/22/2016	Steve Bartlett	Director	Buy	200	$15.72	$3,144.00
8/15/2016	Mitchell S Goldstein	Insider	Buy	6,472	$15.45	$99,992.40
7/20/2016	Steve Bartlett	Director	Buy	200	$14.77	$2,954.00
6/20/2016	Steve Bartlett	Director	Buy	200	$14.20	$2,840.00
5/20/2016	Steve Bartlett	Director	Buy	200	$15.12	$3,024.00
4/20/2016	Steve Bartlett	Director	Buy	200	$15.05	$3,010.00
3/21/2016	Steve Bartlett	Director	Buy	200	$14.26	$2,852.00
3/11/2016	R. Kipp Deveer	CEO	Buy	40,000	$13.90	$556,000.00
3/8/2016	Scott C Lem	CAO	Buy	1,800	$14.00	$25,200.00
2/26/2016	Michael J Arougheti	EVP	Buy	90,000	$13.55	$1,219,500.00
2/25/2016	Mitchell S Goldstein	Insider	Buy	19,200	$12.97	$249,024.00
2/22/2016	Steve Bartlett	Director	Buy	100	$12.85	$1,285.00
1/20/2016	Steve Bartlett	Director	Buy	100	$13.20	$1,320.00
12/21/2015	Steve Bartlett	Director	Buy	100	$14.08	$1,408.00
9/14/2015	Bates Ann Torre	Director	Buy	8,126	$14.87	$120,833.62
8/24/2015	Penelope F Roll	CFO	Buy	7,500	$15.22	$114,150.00
8/14/2015	Steven B Mckeever	Director	Buy	1,835	$16.13	$29,598.55
3/12/2015	Robert L Rosen	Director	Buy	7,500	$16.77	$125,775.00
3/6/2015	Robert L Rosen	Director	Buy	5,000	$17.57	$87,850.00
3/4/2015	Robert L Rosen	Director	Buy	7,500	$17.41	$130,575.00
1/20/2015	Steve Bartlett	Director	Buy	100	$15.97	$1,597.00
12/15/2014	Penelope F Roll	CFO	Buy	2,000	$15.04	$30,080.00
12/4/2014	Scott C Lem	CAO	Buy	1,250	$16.00	$20,000.00
11/26/2014	Scott C Lem	CAO	Buy	1,225	$16.33	$20,004.25
11/5/2014	Joshua M Bloomstein	VP	Buy	2,500	$16.20	$40,500.00
11/5/2014	Michael J Arougheti	EVP	Buy	60,000	$16.20	$972,000.00
11/5/2014	Penelope F Roll	CFO	Buy	3,000	$16.14	$48,420.00
8/7/2014	R. Kipp Deveer	CEO	Buy	10,000	$16.51	$165,100.00
8/7/2014	Scott C Lem	CAO	Buy	1,462	$16.97	$24,810.14
8/6/2014	Joshua M Bloomstein	VP	Buy	1,500	$16.41	$24,615.00
8/6/2014	Penelope F Roll	CFO	Buy	6,000	$16.43	$98,580.00
8/6/2014	Scott C Lem	CAO	Buy	300	$16.48	$4,944.00
5/30/2014	Scott C Lem	CAO	Buy	287	$17.24	$4,947.88
5/16/2014	Scott C Lem	CAO	Buy	300	$16.81	$5,043.00
5/15/2014	Michael Lewis Smith	EVP	Buy	10,000	$16.75	$167,500.00
5/13/2014	Joshua Bloomstein	VP	Buy	5,000	$16.61	$83,050.00
5/9/2014	Michael Arougheti	CEO	Buy	50,000	$16.60	$830,000.00
3/7/2014	Scott C Lem	CAO	Buy	275	$17.88	$4,917.00
12/3/2013	Steven Mckeever	Director	Buy	1,650	$18.16	$29,964.00
11/13/2012	Steve Bartlett	Director	Buy	1,000	$16.89	$16,890.00

(Data available from 1/1/2013 forward)

Latest Headlines for Ares Capital Corp. (NASDAQ:ARCC)

Date	Headline
	Two 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
	7 High-Dividend Stocks to Buy ASAP (NASDAQ:ARCC) portal.kiplinger.com - October 1 at 9:01 AM
	Ares Capital Corporation (NASDAQ:ARCC) EPS Projection For FY2016 At $1.54 (NASDAQ:ARCC) www.stocksdaily.net - September 30 at 4:00 PM
	Blue Chip Dividend Stock Yields 9.8%, Solid Dividend Coverage ... - Seeking Alpha (NASDAQ:ARCC) seekingalpha.com - September 29 at 3:48 PM
	Ares Capital Corporation (NASDAQ:ARCC) EPS Projection For FY2016 At $1.54 - Stocks Daily (NASDAQ:ARCC) www.stocksdaily.net - September 29 at 3:48 PM
	Latest Analyst Ratings For Ares Capital Corporation (NASDAQ:ARCC) - The De Soto Edge (NASDAQ:ARCC) desotoedge.com - September 29 at 8:21 AM
	What to Expect of Closed-End Funds’ 3Q Earnings (NASDAQ:ARCC) marketrealist.com - September 26 at 8:15 AM
	Ares Capital Corporation : Shorted Shares Increased By 4.41% (NASDAQ:ARCC) www.4-traders.com - September 23 at 3:58 PM
	Will Ares Capital Corporation (NASDAQ:ARCC) Surprise Analysts This Quarter? (NASDAQ:ARCC) www.stocksdaily.net - September 23 at 3:58 PM
	Apollo Capital, Prospect Capital Reward Shareholders with High Payouts (NASDAQ:ARCC) marketrealist.com - September 23 at 8:23 AM
	Analysts 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
	ARES 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
	Don't Count on "Spillover" Income to Save These Double-Digit Dividend Yields (NASDAQ:ARCC) www.fool.com - September 19 at 8:17 AM
	LPC: BDC space ripe for consolidation (NASDAQ:ARCC) finance.yahoo.com - September 16 at 3:32 PM
	Ares Capital - Don't Pass Up This 10% Yielder (NASDAQ:ARCC) seekingalpha.com - September 15 at 12:28 PM
	Ares Capital Corporation (NASDAQ:ARCC) Shorted Shares Increased 3.94% After Market Selling - Frisco Fastball (NASDAQ:ARCC) friscofastball.com - September 14 at 7:43 AM
	Stock Gapping Down Before the Open: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC) www.kentuckypostnews.com - September 13 at 3:34 PM
	Ares Capital - Don't Pass Up This 10% Yielder - Seeking Alpha (NASDAQ:ARCC) seekingalpha.com - September 13 at 8:24 AM
	Ares Capital Corporation (ARCC) Ex-Dividend Date Scheduled for September 13, 2016 - Nasdaq (NASDAQ:ARCC) www.nasdaq.com - September 12 at 3:33 PM
	3 Reasons You Should Buy Ares Capital (NASDAQ:ARCC) seekingalpha.com - September 12 at 8:20 AM
	4 High Yield Stocks To Sell, 1 To Buy (NASDAQ:ARCC) www.forbes.com - September 10 at 8:18 AM
	Reminder - Ares Capital (ARCC) Goes Ex-Dividend Soon (NASDAQ:ARCC) www.forbes.com - September 9 at 10:42 AM
	Stocks 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
	Ares Capital Corporation (NASDAQ:ARCC) To Report September 2016 Results - The Voice Registrar (NASDAQ:ARCC) voiceregistrar.com - September 7 at 3:31 PM
	Ares 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
	Shares Charging Up to a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC) www.kentuckypostnews.com - September 1 at 3:33 PM
	Stock Tracking Up to a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC) www.kentuckypostnews.com - September 1 at 12:00 PM
	Overbuying Stock in Limelight: Ares Capital Corporation (NASDAQ:ARCC) - Post Registrar (NASDAQ:ARCC) postregistrar.com - August 31 at 3:33 PM
	Stock 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
	Insider Trading and Share Price Activity: Ares Capital Corporation ... - Post Registrar (NASDAQ:ARCC) postregistrar.com - August 29 at 4:09 PM
	Ares Capital Corporation an “August Opportunity,” Says Analyst - Income Investors (NASDAQ:ARCC) www.incomeinvestors.com - August 25 at 8:20 AM
	Stock Reaching a Recent High: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC) www.kentuckypostnews.com - August 23 at 8:49 PM
	Mover to Watch: Ares Capital Corporation (NASDAQ:ARCC), Accenture plc (NYSE:ACN) - Newburg Press (NASDAQ:ARCC) newburghpress.com - August 23 at 8:49 PM
	KBW: Ares Capital is an August Opportunity (NASDAQ:ARCC) blogs.barrons.com - August 23 at 8:49 PM
	Stock Trading Above Moving Averages: Ares Capital Corporation (NASDAQ:ARCC) - Post News (NASDAQ:ARCC) www.kentuckypostnews.com - August 23 at 3:34 PM
	Shares 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
	What Is Mean Rating On Ares Capital Corporation (NASDAQ:ARCC ... - Stocks Daily (NASDAQ:ARCC) www.stocksdaily.net - August 23 at 7:24 AM
	Financial 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
	Recent Insider Trading: Ares Capital Corporation (ARCC) - The Voice Registrar (NASDAQ:ARCC) voiceregistrar.com - August 18 at 3:42 PM
	Can Ares Capital Corporation (NASDAQ:ARCC) Surprise Analysts ... - Investor Newswire (NASDAQ:ARCC) www.investornewswire.com - August 16 at 3:35 PM
	Ares 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
	ARES CAPITAL CORP Financials (NASDAQ:ARCC) finance.yahoo.com - August 9 at 4:39 PM
	Ares Capital Corporation (ARCC) Shares are Up 2.11% – Trade Calls - Trade Calls (NASDAQ:ARCC) www.tradecalls.org - August 8 at 8:21 AM
	Ares Capital, Varagon Announce Launch of Senior Direct Lending Program (NASDAQ:ARCC) www.abladvisor.com - August 4 at 12:04 PM
	Ares Capital Corporation: Ares Capital Corporation Highlights Second Quarter 2016 Financing Commitments (NASDAQ:ARCC) www.twst.com - August 4 at 12:04 PM
	Ares Capital Corporation Highlights Second Quarter 2016 Financing Commitments (NASDAQ:ARCC) www.publicnow.com - August 4 at 12:04 PM
	Ares Capital Corporation Declares Third Quarter... (NASDAQ:ARCC) www.benzinga.com - August 3 at 12:06 PM
	EARNINGS SUMMARY: Details of Ares Capital Corp. Q3 Earnings Report (NASDAQ:ARCC) www.rttnews.com - August 3 at 12:06 PM
	Ares Capital Corporation: Senior Direct Lending Program Launches (NASDAQ:ARCC) www.twst.com - August 3 at 12:06 PM
	Ares Capital tops 2Q profit forecasts (NASDAQ:ARCC) sg.finance.yahoo.com - August 3 at 12:06 PM