About Ares Management (NYSE:ARES)
Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. 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, with a focus on control or majority-control investments; 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. was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ARES
CUSIPN/A
Phone310-201-4100
Debt
Debt-to-Equity Ratio0.65%
Current Ratio0.32%
Quick Ratio0.32%
Price-To-Earnings
Trailing P/E Ratio11.66
Forward P/E Ratio13.72
P/E Growth1.43
Sales & Book Value
Annual Sales$1.42 billion
Price / Sales1.32
Cash Flow$5.4087 per share
Price / Cash4.16
Book Value$14.13 per share
Price / Book1.59
Profitability
EPS (Most Recent Fiscal Year)$1.93
Net Income$76.17 million
Net Margins5.38%
Return on Equity40.87%
Return on Assets5.83%
Miscellaneous
Employees1,000
Outstanding Shares82,760,000
Ares Management (NYSE:ARES) Frequently Asked Questions
What is Ares Management's stock symbol?
Ares Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARES."
How often does Ares Management pay dividends? What is the dividend yield for Ares Management?
Ares Management announced a dividend on Tuesday, February 13th. Investors of record on Monday, April 16th will be given a dividend of $0.093 per share on Monday, April 30th. The ex-dividend date of this dividend is Friday, April 13th. View Ares Management's Dividend History.
How were Ares Management's earnings last quarter?
Ares Management (NYSE:ARES) announced its quarterly earnings results on Thursday, February, 15th. The asset manager reported $0.54 EPS for the quarter, beating the consensus estimate of $0.48 by $0.06. The asset manager earned $356.30 million during the quarter, compared to the consensus estimate of $376.37 million. Ares Management had a return on equity of 40.87% and a net margin of 5.38%. The firm's revenue was down .5% compared to the same quarter last year. View Ares Management's Earnings History.
When is Ares Management's next earnings date?
What price target have analysts set for ARES?
7 brokerages have issued twelve-month price objectives for Ares Management's stock. Their forecasts range from $18.00 to $33.00. On average, they anticipate Ares Management's stock price to reach $25.00 in the next year. View Analyst Ratings for Ares Management.
Who are some of Ares Management's key competitors?
Some companies that are related to Ares Management include Legg Mason (LM), Federated Investors (FII), Houlihan Lokey (HLI), Moelis & Company (MC), Noah (NOAH), AllianceBernstein (AB), Artisan Partners Asset (APAM), Financial Engines (FNGN), Carlyle Group (CG), Hamilton Lane Advisors (HLNE), Cohen & Steers (CNS), Och-Ziff Capital Management (OZM), PJT Partners (PJT), Virtus Investment Partners (VRTS), Victory Capital (VCTR), Diamond Hill Investment Group (DHIL), Pzena Investment Management (PZN) and Triangle Capital (TCAP).
Who are Ares Management's key executives?
Ares Management's management team includes the folowing people:
- Mr. Antony Peter Ressler, Co-founder & Exec. Chairman of Ares Management GP LLC (Age 57)
- Mr. Michael J. Arougheti, Co-Founder, Pres, CEO & Director of Ares Management GP LLC (Age 46)
- Mr. David B. Kaplan, Co-Founder, Partner & Director of Ares Management GP LLC (Age 51)
- Mr. John Harold Kissick, Co-Founder, Partner & Director (Age 76)
- Mr. Bennett Rosenthal, Co-Founder, Partner & Director of Ares Mgmt GP LLC (Age 55)
Has Ares Management been receiving favorable news coverage?
Headlines about ARES stock have been trending somewhat negative this week, Accern reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ares Management earned a news sentiment score of -0.06 on Accern's scale. They also gave media headlines about the asset manager an impact score of 45.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
How do I buy shares of Ares Management?
Shares of ARES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ares Management's stock price today?
One share of ARES stock can currently be purchased for approximately $22.50.
How big of a company is Ares Management?
Ares Management has a market capitalization of $1.86 billion and generates $1.42 billion in revenue each year. The asset manager earns $76.17 million in net income (profit) each year or $1.93 on an earnings per share basis. Ares Management employs 1,000 workers across the globe.
How can I contact Ares Management?
Ares Management's mailing address is 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067. The asset manager can be reached via phone at 310-201-4100 or via email at [email protected]
MarketBeat Community Rating for Ares Management (ARES)
MarketBeat's community ratings are surveys of what our community members think about Ares Management and other stocks. Vote "Outperform" if you believe ARES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARES will underperform the S&P 500 over the long term. You may vote once every thirty days.
Ares Management (NYSE:ARES) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
7 Wall Street analysts have issued ratings and price targets for Ares Management in the last 12 months. Their average twelve-month price target is $25.00, suggesting that the stock has a possible upside of 11.11%. The high price target for ARES is $33.00 and the low price target for ARES is $18.00. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.71 | 2.67 | 2.83 | 2.88 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.00 | $25.00 | $23.6667 | $21.00 |
| Price Target Upside: | 11.11% upside | 13.64% upside | 6.37% upside | 12.30% upside |
Ares Management (NYSE:ARES) Consensus Price Target History
Ares Management (NYSE:ARES) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Ares Management (NYSE:ARES) Dividend Information
Ares Management pays an annual dividend of $0.37 per share, with a dividend yield of 1.64%. ARES's next quarterly dividend payment will be made on Monday, April 30. Ares Management pays out 19.17% of its earnings out as a dividend.
| Next Dividend: | 4/30/2018 |
| Annual Dividend: | $0.37 |
| Dividend Yield: | 1.64% |
| Dividend Growth: | 39.10% (3 Year Average) |
| Payout Ratio: | 19.17% (Trailing 12 Months of Earnings)
22.56% (Based on This Year's Estimates)
19.37% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Ares Management (NYSE:ARES) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/13/2018 | | $0.0930 | | 4/13/2018 | 4/16/2018 | 4/30/2018 |
| 2/15/2018 | | $0.40 | | 2/23/2018 | 2/26/2018 | 2/28/2018 |
| 11/6/2017 | quarterly | $0.41 | 8.72% | 11/16/2017 | 11/17/2017 | 12/1/2017 |
| 8/4/2017 | Quarterly | $0.31 | 6.81% | 8/16/2017 | 8/18/2017 | 9/1/2017 |
| 5/8/2017 | quarterly | $0.13 | 5.97% | 5/18/2017 | 5/22/2017 | 6/5/2017 |
| 2/24/2017 | quarterly | $0.28 | 4.82% | 3/8/2017 | 3/10/2017 | 3/24/2017 |
| 11/7/2016 | quarterly | $0.20 | 5.21% | 11/17/2016 | 11/21/2016 | 12/5/2016 |
| 8/10/2016 | quarterly | $0.28 | 6.57% | 8/19/2016 | 8/23/2016 | 9/6/2016 |
| 5/11/2016 | quarterly | $0.15 | 4.29% | 5/20/2016 | 5/24/2016 | 6/7/2016 |
| 3/1/2016 | quarterly | $0.20 | 6.61% | 3/10/2016 | 3/14/2016 | 3/28/2016 |
| 11/11/2015 | quarterly | $0.13 | 3.22% | 11/20/2015 | 11/24/2015 | 12/8/2015 |
| 8/12/2015 | quarterly | $0.26 | 5.47% | 8/21/2015 | 8/25/2015 | 9/8/2015 |
| 5/13/2015 | quarterly | $0.25 | 5.19% | 5/20/2015 | 5/22/2015 | 6/2/2015 |
| 3/5/2015 | quarterly | $0.24 | 4.88% | 3/12/2015 | 3/16/2015 | 3/24/2015 |
| 11/12/2014 | quarterly | $0.24 | 5.79% | 11/20/2014 | 11/24/2014 | 12/4/2014 |
| 8/14/2014 | special | $0.18 | | 8/21/2014 | 8/25/2014 | 8/29/2014 |
(Data available from 1/1/2013 forward)
Ares Management (NYSE ARES) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 17.09%
Ares Management (NYSE ARES) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/15/2015 | Michael R Mcferran | CFO | Buy | 10,000 | $12.76 | $127,600.00 | 37,248 |  |
| 12/14/2015 | Michael D Weiner | EVP | Buy | 2,000 | $12.75 | $25,500.00 | 38,947 | |
| 12/11/2015 | Michael D Weiner | EVP | Buy | 3,000 | $13.59 | $40,770.00 | 36,947 | |
| 12/2/2015 | David B Kaplan | Insider | Buy | 8,025 | $14.41 | $115,640.25 | | |
| 12/1/2015 | David B Kaplan | Insider | Buy | 13,322 | $14.14 | $188,373.08 | | |
| 11/25/2015 | Michael J. Arougheti | insider | Buy | 5,993 | $14.11 | $84,561.23 | 87,086 | |
| 11/24/2015 | Michael J. Arougheti | insider | Buy | 5,993 | $13.99 | $83,842.07 | 87,086 | |
| 11/23/2015 | Michael J. Arougheti | insider | Buy | 100 | $13.99 | $1,399.00 | 87,086 | |
| 11/20/2015 | Bennett Rosenthal | Insider | Buy | 91,666 | $13.82 | $1,266,824.12 | | |
| 11/19/2015 | Michael D. Weiner | EVP | Buy | 5,000 | $13.81 | $69,050.00 | 33,947 | |
| 12/5/2014 | Judy D Olian | Director | Buy | 1,800 | $16.69 | $30,042.00 | | |
| 6/11/2014 | Paul G Joubert | Director | Buy | 10,000 | $18.96 | $189,600.00 | | |
(Data available from 1/1/2013 forward)
Ares Management (NYSE ARES) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Ares Management (ARES) Expected to Post Quarterly Sales of $198.50 Million
www.americanbankingnews.com - April 21 at 4:50 AM |
| Ares Management (ARES) Given "Outperform" Rating at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 19 at 11:52 PM |
| $0.38 EPS Expected for Ares Management (ARES) This Quarter
www.americanbankingnews.com - April 19 at 9:21 AM |
| Ares Management (ARES) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - April 18 at 6:22 PM |
| Ares Management (ARES) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 18 at 9:15 AM |
 | American Tire Distributors, Inc. -- Moody's places ATDI ratings under review for downgrade
finance.yahoo.com - April 17 at 3:15 PM |
| Valet Living partners with the City of Tampa and Keep Tampa Bay Beautiful to Help Clean up Tampa Bay and Promote Recycling with CNN Young Hero, Ryan Hickman
finance.yahoo.com - April 17 at 3:15 PM |
 | Ares Management's (ARES) Ares EIF to Acquire Majority Stake in Conti Solar
www.streetinsider.com - April 17 at 6:59 AM |
| Ares EIF to Acquire Majority Stake in Conti Solar
finance.yahoo.com - April 17 at 6:59 AM |
| Ares Management (ARES) Raised to Hold at BidaskClub
www.americanbankingnews.com - April 16 at 9:16 PM |
 | Ares Management and ARM Energy Holdings Announce Partnership to Develop Salt Creek Midstream in the Delaware Basin
www.bizjournals.com - April 16 at 3:19 PM |
| Ares Management (ARES) Cut to Buy at ValuEngine
www.americanbankingnews.com - April 15 at 7:48 PM |
 | GE Healthcare IT unit carveout backed by $850 million in loans
www.reuters.com - April 13 at 3:14 PM |
 | Ares Management goes ex-dividend tomorrow
seekingalpha.com - April 12 at 10:25 AM |
 | Wall Street In 2018: It's Time To Pay More Attention To Private Equity Stocks
www.forbes.com - April 11 at 3:15 PM |
| California Resources: Last Gasp Or Brilliant Deal? Only The Future Knows
seekingalpha.com - April 10 at 5:05 AM |
| Ares Management, L.P. Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2018
finance.yahoo.com - April 10 at 5:04 AM |
| What Could Affect Carlyle in 1Q18
finance.yahoo.com - April 9 at 3:14 PM |
| UBS Begins Coverage on Ares Management (ARES)
www.americanbankingnews.com - April 9 at 8:25 AM |
| Ares Management (ARES) Announces $0.09 Dividend
www.americanbankingnews.com - April 8 at 8:48 AM |
| Ares Management (ARES) Upgraded at BidaskClub
www.americanbankingnews.com - April 5 at 6:52 PM |
| Zacks: Analysts Anticipate Ares Management (ARES) Will Announce Quarterly Sales of $198.50 Million
www.americanbankingnews.com - April 4 at 4:22 AM |
| Ares Management (ARES) Downgraded by ValuEngine
www.americanbankingnews.com - April 3 at 7:35 PM |
| ADMI Corp. -- Moody's affirms ADMI's B2 CFR, assigns B2 to the proposed credit facility
finance.yahoo.com - April 3 at 5:10 AM |
| Ares Management LP (ARES) Expected to Post Earnings of $0.43 Per Share
www.americanbankingnews.com - April 2 at 5:12 AM |
| American Tire Distributors, Inc. -- Moody's revises ATDI rating outlook to Stable
finance.yahoo.com - March 30 at 5:08 AM |
| Ares Management (ARES) Rating Reiterated by Credit Suisse Group
www.americanbankingnews.com - March 29 at 3:01 PM |
| Ares Management (ARES) Given Buy Rating at Keefe, Bruyette & Woods
www.americanbankingnews.com - March 29 at 12:34 AM |
| Ares Management LP (ARES) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - March 24 at 8:10 AM |
| Ares Management (ARES) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 23 at 5:30 PM |
| Apollo to Ares Get a Surprise Win in $1.3 Trillion Spending Bill - Yahoo Finance
finance.yahoo.com - March 22 at 3:14 PM |
 | Ares Management, L.P. Announces Tax Reporting Information ... - Business Wire (press release)
www.businesswire.com - March 22 at 3:14 PM |
 | Apollo to Ares Get a Surprise Win in $1.3 Trillion Spending Bill ... - Bloomberg
www.bloomberg.com - March 22 at 5:05 AM |
| Apollo to Ares Get a Surprise Win in $1.3 Trillion Spending Bill
finance.yahoo.com - March 22 at 5:04 AM |
| Apollo CEO sees Ares offering little incentive for stock conversion - Reuters
www.reuters.com - March 21 at 3:06 PM |
| Gastar Exploration: It's Time - Seeking Alpha
seekingalpha.com - March 19 at 3:05 PM |
| How Will KKR & Company Perform Moving Forward?
finance.yahoo.com - March 19 at 3:05 PM |
| A Look at KKR’s Investments in Copper Foil and Autos
finance.yahoo.com - March 19 at 3:05 PM |
| Ares Management LP (ARES) Expected to Post Quarterly Sales of $198.50 Million
www.americanbankingnews.com - March 18 at 10:42 AM |
| Ares Management, L.P. Announces Pricing of Offering of Common Shares
finance.yahoo.com - March 15 at 5:12 AM |
| Ares Management, L.P. Announces Launch of Offering of Common Shares
finance.yahoo.com - March 15 at 5:12 AM |
| Ares Management (ARES) PT Lowered to $33.00 at Credit Suisse Group
www.americanbankingnews.com - March 9 at 8:08 PM |
| Ares Management Sees Unusually High Options Volume (ARES)
www.americanbankingnews.com - March 9 at 7:48 AM |
| Ares Management (ARES) Prices 15M Share Common Offering at $22/Sh; 5M Share from Ares, 10M Share from ... - StreetInsider.com
www.streetinsider.com - March 8 at 3:11 PM |
| Ares Management, L.P. Announces Pricing of Offering of Common ... - Business Wire (press release)
www.businesswire.com - March 8 at 5:02 AM |
| Ares Management prices secondary shares at $22 each - Seeking Alpha
seekingalpha.com - March 8 at 5:02 AM |
| BRIEF-Ares Management Announces Launch Of Offering Of Common Shares
www.reuters.com - March 6 at 3:03 PM |
| Ares Management, L.P. Announces Launch of Offering of Common ... - Business Wire (press release)
www.businesswire.com - March 6 at 6:50 AM |
| 4.65% Yielder With Further Upside Benefiting From Tax Reform - Seeking Alpha
seekingalpha.com - March 6 at 6:50 AM |
| Ares Management (ARES) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - March 5 at 6:12 PM |
Ares Management (NYSE:ARES) SEC Filings
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Ares Management (NYSE:ARES) Income Statement, Balance Sheet and Cash Flow Statement
Ares Management (NYSE ARES) Stock Chart for Monday, April, 23, 2018
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