Ares Capital (ARCC) Stock Forecast & Price Target

$20.95

+0.18 (+0.87%)

(As of 07/26/2024 ET)

Ares Capital - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for Ares Capital in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, and 5 have given a buy rating for ARCC.

Consensus Price Target

$21.57
2.97% Upside

High Forecast	$23.00
Average Forecast	$21.57
Low Forecast	$20.00

According to the 7 analysts' twelve-month price targets for Ares Capital, the average price target is $21.57. The highest price target for ARCC is $23.00, while the lowest price target for ARCC is $20.00. The average price target represents a forecasted upside of 2.97% from the current price of $20.95.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$21.57	$21.50	$20.80	$20.00
Forecasted Upside	2.97% Upside	4.24% Upside	4.20% Upside	4.02% Upside

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ARCC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ARCC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ares Capital Stock vs. The Competition

Type	Ares Capital	Finance Companies	S&P 500
Consensus Rating Score	2.71	2.44	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	2.63% Upside	35.47% Upside	9.17% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/23/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$22.00 ➝ $22.00	+3.24%
5/2/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$21.50 ➝ $22.00	+5.82%
5/2/2024	Truist Financial 1 of 5 stars		Boost Target	Buy ➝ Buy	$22.00 ➝ $23.00	+10.42%
5/2/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$21.00 ➝ $22.00	+5.52%
3/26/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$21.00	+4.37%
1/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$19.00 ➝ $20.00	-2.49%
1/8/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Rowe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$21.00	+2.89%
7/26/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$20.00 ➝ $21.00	+6.38%
10/26/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$21.00 ➝ $20.50	+7.61%
10/5/2022	Hovde Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$19.00	+5.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:00 AM ET.

ARCC Forecast - Frequently Asked Questions

What is Ares Capital's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Ares Capital is $21.57, with a high forecast of $23.00 and a low forecast of $20.00.
Should I buy or sell Ares Capital stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ares Capital in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARCC shares.
Does Ares Capital's stock price have much upside?: According to analysts, Ares Capital's stock has a predicted upside of 4.27% based on their 12-month stock forecasts.
What analysts cover Ares Capital?: Ares Capital has been rated by research analysts at JPMorgan Chase & Co., Oppenheimer, Royal Bank of Canada, and Truist Financial in the past 90 days.
Do Wall Street analysts like Ares Capital more than its competitors?: Analysts like Ares Capital more than other "finance" companies. The consensus rating for Ares Capital is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how ARCC compares to other companies.