Ares Management L.P. Company Profile (NYSE:ARES)

About Ares Management L.P. (NYSE:ARES)

Ares Management L.P. logoAres Management, L.P. is an alternative asset manager. The Company offers its investors a range of investment strategies. It operates through three segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment manages credit strategies across the non-investment grade credit universe in the United States and Europe. It offers a range of credit strategies across the liquid and illiquid spectrum, including syndicated loans, high yield bonds, credit opportunities, structured credit investments and the United States and European direct lending. The Credit Group provides solutions for traditional fixed income investors. The Private Equity Group segment categorizes its investment strategies as corporate private equity, the United States power and energy infrastructure and special situations. The Real Estate Group segment manages public and private equity and debt strategies. The Real Estate Group manages both a value-add strategy and an opportunistic strategy.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management
  • Sub-Industry: N/A
  • Symbol: NYSE:ARES
  • CUSIP: N/A
  • Web: www.aresmgmt.com
Capitalization:
  • Market Cap: $1.50327 billion
  • Outstanding Shares: 214,093,000
Average Prices:
  • 50 Day Moving Avg: $18.39
  • 200 Day Moving Avg: $18.40
  • 52 Week Range: $14.75 - $23.25
P/E:
  • Trailing P/E Ratio: 24.43
  • Foreward P/E Ratio: 9.97
  • P/E Growth: 0.63
Sales & Book Value:
  • Annual Revenue: $1.47 billion
  • Price / Sales: 2.66
  • Book Value: $3.30 per share
  • Price / Book: 5.53
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 6.8%
Profitability:
  • EBITDA: $260.09 million
  • Net Margins: 5.86%
  • Return on Equity: 40.94%
  • Return on Assets: 7.01%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 66,354 shs.
  • Beta: 1.25
  • Short Ratio: 0.38
 

Frequently Asked Questions for Ares Management L.P. (NYSE:ARES)

What is Ares Management L.P.'s stock symbol?

Ares Management L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARES."

How often does Ares Management L.P. pay dividends? What is the dividend yield for Ares Management L.P.?

Ares Management L.P. announced a quarterly dividend on Friday, August 4th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.31 per share on Friday, September 1st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date is Wednesday, August 16th. This is a boost from Ares Management L.P.'s previous quarterly dividend of $0.13. View Ares Management L.P.'s Dividend History.

How were Ares Management L.P.'s earnings last quarter?

Ares Management L.P. (NYSE:ARES) posted its quarterly earnings results on Friday, August, 4th. The company reported $0.69 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.69. The firm had revenue of $554 million for the quarter, compared to the consensus estimate of $442.10 million. Ares Management L.P. had a return on equity of 40.94% and a net margin of 5.86%. Ares Management L.P.'s revenue was up 49.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.40 earnings per share. View Ares Management L.P.'s Earnings History.

When will Ares Management L.P. make its next earnings announcement?

Ares Management L.P. is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for Ares Management L.P..

Where is Ares Management L.P.'s stock going? Where will Ares Management L.P.'s stock price be in 2017?

8 equities research analysts have issued 12 month price objectives for Ares Management L.P.'s shares. Their forecasts range from $18.00 to $25.00. On average, they anticipate Ares Management L.P.'s stock price to reach $21.00 in the next year. View Analyst Ratings for Ares Management L.P..

What are analysts saying about Ares Management L.P. stock?

Here are some recent quotes from research analysts about Ares Management L.P. stock:

  • 1. According to Zacks Investment Research, "Ares Management, L.P. is a global alternative asset manager. It manages four investment groups that invest in the tradable credit, direct lending, and private equity and real estate markets. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. is headquartered in Los Angeles. " (10/10/2017)
  • 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Buy rating on ARES shares following a solid quarter that was helped by strong investment returns and performance fee income. We have increased our PT to $25 from $20, which equals 14x 2017E ENI and reflects FEAUM growth and margin expansion following the ACOF V activation and ARCC/ACAS merger. We have also increased our 2017 ENI estimate to $1.82 from $1.65, reflecting a higher accretion estimate for ACAS and expected incentive fee income from a highly profitable energy investment that should close in 2Q." (2/27/2017)

Who are some of Ares Management L.P.'s key competitors?

Who are Ares Management L.P.'s key executives?

Ares Management L.P.'s management team includes the folowing people:

  • Antony P. Ressler, Chairman of the Board, Chief Executive Officer, Co-Founder of Ares Management GP LLC
  • Michael J. Arougheti, Director, Co-Founder, President - Ares Management GP LLC, Ares' general partner
  • David B. Kaplan, Director, Co-Founder, Senior Partner, Co-Head of Private Equity Group of Ares Management GP LLC
  • John H. Kissick, Director, Co-Founder, Senior Partner of Ares Management GP LLC
  • Bennett Rosenthal, Director, Co-Founder, Senior Partner, Co-Head of Private Equity Group of Ares Management GP LLC
  • Michael R. McFerran, Chief Financial Officer, Executive Vice President, Treasurer
  • Michael D. Weiner, Executive Vice President, Chief Legal Officer & Secretary
  • Paul G. Joubert CPA, Independent Director of Ares Management GP LLC
  • Michael M. Lynton, Independent Director of Ares Management GP LLC
  • Judy D. Olian Ph.D., Independent Director of Ares Management GP LLC

How do I buy Ares Management L.P. stock?

Shares of Ares Management L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ares Management L.P.'s stock price today?

One share of Ares Management L.P. stock can currently be purchased for approximately $18.25.


MarketBeat Community Rating for Ares Management L.P. (NYSE ARES)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  293
MarketBeat's community ratings are surveys of what our community members think about Ares Management L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ares Management L.P. (NYSE:ARES) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $21.00 (15.07% upside)
Consensus Price Target History for Ares Management L.P. (NYSE:ARES)
Price Target History for Ares Management L.P. (NYSE:ARES)
Analysts' Ratings History for Ares Management L.P. (NYSE:ARES)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Royal Bank Of CanadaSet Price TargetBuy$21.00N/AView Rating Details
9/21/2017Oppenheimer Holdings, Inc.Initiated CoverageOutperform$18.00LowView Rating Details
9/5/2017Keefe, Bruyette & WoodsReiterated RatingBuy$22.00MediumView Rating Details
5/11/2017Credit Suisse GroupUpgradeNeutral -> OutperformHighView Rating Details
3/10/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral -> Neutral$21.00LowView Rating Details
2/27/2017SunTrust Banks, Inc.Boost Price TargetBuy$20.00 -> $25.00N/AView Rating Details
1/8/2017Wells Fargo & CoReiterated RatingOutperformN/AView Rating Details
12/16/2016Bank of America CorporationUpgradeNeutral -> Buy$19.00N/AView Rating Details
8/11/2016Morgan StanleySet Price TargetHold$15.00N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for Ares Management L.P. (NYSE:ARES)
Earnings by Quarter for Ares Management L.P. (NYSE:ARES)
Earnings History by Quarter for Ares Management L.P. (NYSE ARES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2017$0.41N/AView Earnings Details
8/4/2017Q2 2017$0.69$0.69$442.10 million$554.00 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.39$0.30$182.50 million$172.05 millionViewListenView Earnings Details
2/24/2017Q416$0.35$0.44$169.45 million$358.20 millionViewN/AView Earnings Details
11/7/2016Q316$0.38$0.46$166.00 million$335.46 millionViewListenView Earnings Details
8/9/2016Q216$0.29$0.44$164.13 million$369.00 millionViewN/AView Earnings Details
5/10/2016Q116$0.23$0.08$171.00 million$158.43 millionViewListenView Earnings Details
2/29/2016Q415$0.29$0.20$185.00 million$159.52 millionViewListenView Earnings Details
11/10/2015Q315$0.17$0.14$166.75 million$162.20 millionViewListenView Earnings Details
8/11/2015Q215$0.39$0.32$167.63 million$175.80 millionViewListenView Earnings Details
5/12/2015Q1$0.39$0.35$258.35 million$272.80 millionViewListenView Earnings Details
3/5/2015Q414$0.36$0.27$154.40 million$230.00 millionViewN/AView Earnings Details
11/12/2014Q314$0.36$0.32$152.15 million$127.46 millionViewN/AView Earnings Details
8/13/2014Q214$0.37$0.33$148.50 million$131.62 millionViewN/AView Earnings Details
6/10/2014Q114$0.33$0.30$162.50 million$139.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ares Management L.P. (NYSE:ARES)
Current Year EPS Consensus Estimate: $1.83 EPS
Next Year EPS Consensus Estimate: $1.83 EPS

Dividends

Current Dividend Information for Ares Management L.P. (NYSE:ARES)
Most Recent Dividend:9/1/2017
Annual Dividend:$1.24
Dividend Yield:6.79%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:169.86% (Trailing 12 Months of Earnings)
67.76% (Based on This Year's Estimates)
67.76% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ares Management L.P. (NYSE:ARES)

Dividend History by Quarter for Ares Management L.P. (NYSE ARES)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017Quarterly$0.316.81%8/16/20178/18/20179/1/2017
5/8/2017quarterly$0.135.97%5/18/20175/22/20176/5/2017
2/24/2017quarterly$0.284.82%3/8/20173/10/20173/24/2017
11/7/2016quarterly$0.205.21%11/17/201611/21/201612/5/2016
8/10/2016quarterly$0.286.57%8/19/20168/23/20169/6/2016
5/11/2016quarterly$0.154.29%5/20/20165/24/20166/7/2016
3/1/2016quarterly$0.206.61%3/10/20163/14/20163/28/2016
11/11/2015quarterly$0.133.22%11/20/201511/24/201512/8/2015
8/12/2015quarterly$0.265.47%8/21/20158/25/20159/8/2015
5/13/2015quarterly$0.255.19%5/20/20155/22/20156/2/2015
3/5/2015quarterly$0.244.88%3/12/20153/16/20153/24/2015
11/12/2014quarterly$0.245.79%11/20/201411/24/201412/4/2014
8/14/2014special$0.188/21/20148/25/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ares Management L.P. (NYSE:ARES)
Institutional Ownership Percentage: 14.68%
Insider Trades by Quarter for Ares Management L.P. (NYSE:ARES)
Institutional Ownership by Quarter for Ares Management L.P. (NYSE:ARES)
Insider Trades by Quarter for Ares Management L.P. (NYSE:ARES)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2015Michael R McferranCFOBuy10,000$12.76$127,600.00View SEC Filing  
12/14/2015Michael D WeinerEVPBuy2,000$12.75$25,500.00View SEC Filing  
12/11/2015Michael D WeinerEVPBuy3,000$13.59$40,770.00View SEC Filing  
12/2/2015David B KaplanInsiderBuy8,025$14.41$115,640.25View SEC Filing  
12/1/2015David B KaplanInsiderBuy13,322$14.14$188,373.08View SEC Filing  
11/25/2015Michael J. AroughetiinsiderBuy5,993$14.11$84,561.23View SEC Filing  
11/24/2015Michael J. AroughetiinsiderBuy5,993$13.99$83,842.07View SEC Filing  
11/23/2015Michael J. AroughetiinsiderBuy100$13.99$1,399.00View SEC Filing  
11/20/2015Bennett RosenthalInsiderBuy91,666$13.82$1,266,824.12View SEC Filing  
11/19/2015Michael D. WeinerEVPBuy5,000$13.81$69,050.00View SEC Filing  
12/5/2014Judy D OlianDirectorBuy1,800$16.69$30,042.00View SEC Filing  
6/11/2014Paul G JoubertDirectorBuy10,000$18.96$189,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ares Management L.P. (NYSE:ARES)
Latest Headlines for Ares Management L.P. (NYSE:ARES)
Source:
DateHeadline
businesswire.com logoAres Management Funds Announce Significant Exits in Germany Contributing to Record Transaction Volume over Past ... - Business Wire (press release)
www.businesswire.com - October 18 at 10:18 PM
americanbankingnews.com logoRoyal Bank Of Canada Reiterates "$21.00" Price Target for Ares Management L.P. (ARES)
www.americanbankingnews.com - October 18 at 8:22 PM
finance.yahoo.com logoAres Management Funds Announce Significant Exits in Germany Contributing to Record Transaction Volume over Past Year
finance.yahoo.com - October 18 at 5:16 PM
americanbankingnews.com logoBidaskClub Lowers Ares Management L.P. (ARES) to Sell
www.americanbankingnews.com - October 14 at 2:04 PM
nasdaq.com logoAres Management's Series A Preferred Shares Cross 6.5% Yield Mark - Nasdaq
www.nasdaq.com - October 13 at 9:03 PM
businesswire.com logoAres Management, LP Schedules Earnings Release and Conference Call for the Quarter Ended September 30, 2017 - Business Wire (press release)
www.businesswire.com - October 12 at 4:51 PM
finance.yahoo.com logoAres Management, L.P. Schedules Earnings Release and Conference Call for the Quarter Ended September 30, 2017
finance.yahoo.com - October 12 at 4:51 PM
reuters.com logoBRIEF-Japan's JERA to buy stake in gas-fired U.S. power project
www.reuters.com - October 12 at 3:36 AM
finance.yahoo.com logoValet Living Reaches Milestone One Million Apartment Homes in Service and Celebrates by Sharing the Love
finance.yahoo.com - October 11 at 5:32 PM
americanbankingnews.com logoZacks Investment Research Downgrades Ares Management L.P. (ARES) to Sell
www.americanbankingnews.com - October 10 at 5:46 PM
americanbankingnews.com logoAres Management L.P. (ARES) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - October 9 at 6:58 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Ares Management L.P. (ARES) Will Announce Quarterly Sales of $190.50 Million
www.americanbankingnews.com - October 9 at 8:08 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Ares Management L.P. (ARES) to Post $0.41 Earnings Per Share
www.americanbankingnews.com - October 7 at 10:28 AM
businesswire.com logoAres Capital Corporation Schedules Earnings Release for the Third Quarter Ended September 30, 2017 - Business Wire (press release)
www.businesswire.com - October 5 at 1:48 PM
finance.yahoo.com logoShould You Sell Ares Management LP (ARES) At This PE Ratio?
finance.yahoo.com - October 5 at 1:48 PM
americanbankingnews.com logoAnalyzing Ares Management L.P. (ARES) and Pzena Investment Management (PZN)
www.americanbankingnews.com - October 5 at 6:26 AM
finance.yahoo.com logo99 Cents Only Stores LLC -- Moody's says 99 Cents proposed Term Loan amendment is a distressed exchange; PDR downgraded to Ca-PD
finance.yahoo.com - October 4 at 2:09 PM
americanbankingnews.com logoComparing Ares Management L.P. (ARES) and T. Rowe Price Group (TROW)
www.americanbankingnews.com - October 3 at 4:22 PM
americanbankingnews.com logoHead-To-Head Review: WisdomTree Investments (WETF) versus Ares Management L.P. (ARES)
www.americanbankingnews.com - October 2 at 6:28 AM
americanbankingnews.com logoAres Management L.P. (ARES) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - September 30 at 9:16 AM
businesswire.com logoAres Management Funds Announce Sale of 30-Property, 1550-Unit Residential Portfolio in Denmark - Business Wire (press release)
www.businesswire.com - September 22 at 1:26 PM
finance.yahoo.com logoAres Management Funds Announce Sale of 30-Property, 1,550-Unit Residential Portfolio in Denmark
finance.yahoo.com - September 22 at 1:26 PM
americanbankingnews.com logoAres Management L.P. (ARES) Research Coverage Started at Oppenheimer Holdings, Inc.
www.americanbankingnews.com - September 21 at 7:35 PM
finance.yahoo.com logoAres CEO Tony Ressler on Trump, Markets, Investing
finance.yahoo.com - September 20 at 4:44 PM
americanbankingnews.com logoAres Management L.P. (ARES) Expected to Announce Quarterly Sales of $190.50 Million
www.americanbankingnews.com - September 20 at 5:50 AM
bloomberg.com logoIPOs of Private Equity Firms Are Dead. Rest in Pieces. - Bloomberg
www.bloomberg.com - September 18 at 9:26 PM
americanbankingnews.com logo Brokerages Anticipate Ares Management L.P. (ARES) to Post $0.42 Earnings Per Share
www.americanbankingnews.com - September 18 at 4:28 PM
finance.yahoo.com logoAres Management LP : ARES-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 15, 2017
finance.yahoo.com - September 15 at 4:21 PM
finance.yahoo.com logoAres Management LP breached its 50 day moving average in a Bullish Manner : ARES-US : September 13, 2017
finance.yahoo.com - September 13 at 5:11 PM
americanbankingnews.com logoAres Management L.P. (ARES) and its Rivals Head to Head Analysis
www.americanbankingnews.com - September 11 at 4:10 PM
finance.yahoo.com logoAres Management LP :ARES-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 4:27 PM
americanbankingnews.com logoCritical Review: Ares Management L.P. (ARES) and The Carlyle Group L.P. (CG)
www.americanbankingnews.com - September 6 at 10:24 PM
americanbankingnews.com logoAres Management L.P. (ARES) Receives "Buy" Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - September 5 at 9:06 AM
americanbankingnews.com logoAres Management L.P. (ARES) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 5 at 8:54 AM
americanbankingnews.com logoReviewing Ares Management L.P. (ARES) & Financial Engines (FNGN)
www.americanbankingnews.com - August 30 at 4:08 AM
finance.yahoo.com logoAres Management LP breached its 50 day moving average in a Bullish Manner : ARES-US : August 29, 2017
finance.yahoo.com - August 29 at 4:18 PM
americanbankingnews.com logoAres Management L.P. (ARES) Upgraded by TheStreet to "B-"
www.americanbankingnews.com - August 19 at 7:08 AM
finance.yahoo.com logoFeatured Company News - Ares Management Invests $1.45 Billion in DuPage Medical Group
finance.yahoo.com - August 18 at 4:10 PM
finance.yahoo.com logoHow Wall Street Analysts View Alternative Asset Managers
finance.yahoo.com - August 17 at 5:28 PM
streetinsider.com logoDuPage Medical Group Announces Investment from Ares Management (ARES)
www.streetinsider.com - August 16 at 4:22 PM
finance.yahoo.com logoDuPage Medical Group Announces Investment from Ares Management Private Equity Group
finance.yahoo.com - August 16 at 4:22 PM
americanbankingnews.com logoAres Management L.P. (NYSE:ARES) Expected to Announce Quarterly Sales of $190.50 Million
www.americanbankingnews.com - August 14 at 3:30 AM
americanbankingnews.com logoAres Management L.P. (NYSE:ARES) Expected to Announce Earnings of $0.42 Per Share
www.americanbankingnews.com - August 12 at 6:18 PM
americanbankingnews.com logoAres Management L.P. (NYSE:ARES) Plans Dividend Increase - $0.31 Per Share
www.americanbankingnews.com - August 11 at 9:48 AM
americanbankingnews.com logoAres Management L.P. (NYSE:ARES) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 11 at 8:42 AM
finance.yahoo.com logoAres Management LP breached its 50 day moving average in a Bearish Manner : ARES-US : August 9, 2017
finance.yahoo.com - August 9 at 4:09 PM
finance.yahoo.com logoValet Living Acquires ChoreMate to Continue to Set the Standard in Residential Living
finance.yahoo.com - August 8 at 3:50 PM
americanbankingnews.com logoAres Management L.P. (NYSE:ARES) Given a $21.00 Price Target by Royal Bank Of Canada Analysts
www.americanbankingnews.com - August 6 at 1:20 PM
finance.yahoo.com logoEdited Transcript of ARES earnings conference call or presentation 4-Aug-17 3:00pm GMT
finance.yahoo.com - August 5 at 2:27 AM
seekingalpha.com logoAres Management, L.P. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 4 at 9:25 PM

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Chart

Ares Management L.P. (ARES) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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