S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
This Stock Could Go Up 66% or More. (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
This Stock Could Go Up 66% or More. (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
This Stock Could Go Up 66% or More. (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
This Stock Could Go Up 66% or More. (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:ARES

Ares Management (ARES) Stock Forecast, Price & News

$104.56
-0.18 (-0.17%)
(As of 09/22/2023 ET)
Compare
Today's Range
$103.94
$105.85
50-Day Range
$97.49
$106.27
52-Week Range
$58.60
$107.37
Volume
807,369 shs
Average Volume
948,567 shs
Market Capitalization
$31.84 billion
P/E Ratio
64.15
Dividend Yield
2.95%
Price Target
$105.00

Ares Management MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
0.4% Upside
$105.00 Price Target
Short Interest
Healthy
2.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.53mentions of Ares Management in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$241.63 M Sold Last Quarter
Proj. Earnings Growth
34.15%
From $3.69 to $4.95 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Finance Sector

178th out of 840 stocks

Investment Advice Industry

11th out of 49 stocks


ARES stock logo

About Ares Management (NYSE:ARES) Stock

Ares Management Corporation 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. The firm was previously known as Ares Management, L.P. Ares Management Corporation 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.

ARES Price History

ARES Stock News Headlines

Ares’ Arougheti Sees Private Credit Doubling in 5 Years
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Ares kicks $500M over to struggling Chelsea FC
Ares CEO Arougheti Sees Private Credit Doubling in 5 Years
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Chelsea FC raises $500mn from Ares
See More Headlines
Receive ARES Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ares Management and its competitors with MarketBeat's FREE daily newsletter.

ARES Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2023
Dividend Payable
6/30/2023
Last Earnings
8/01/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/24/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Employees
2,550
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$105.00
High Stock Price Forecast
$126.00
Low Stock Price Forecast
$95.00
Forecasted Upside/Downside
+0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$167.54 million
Pretax Margin
24.84%

Debt

Sales & Book Value

Annual Sales
$3.06 billion
Cash Flow
$3.20 per share
Book Value
$12.89 per share

Miscellaneous

Free Float
160,361,000
Market Cap
$31.84 billion
Optionable
Optionable
Beta
1.32

Social Links

10 Best Stocks to Own in 2023 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Antony Peter ResslerMr. Antony Peter Ressler (Age 62)
    Co-Founder & Exec. Chairman
  • Mr. Michael J. AroughetiMr. Michael J. Arougheti (Age 51)
    Co-Founder, CEO, Pres & Director
    Comp: $20.87M
  • Mr. David B. KaplanMr. David B. Kaplan (Age 56)
    Co-Founder, Partner & Director
    Comp: $8.56M
  • Mr. Bennett  RosenthalMr. Bennett Rosenthal (Age 60)
    Co-Founder, Partner, Chairman of Private Equity Group & Director
    Comp: $8.56M
  • Mr. Jarrod Morgan Phillips (Age 45)
    Partner & CFO
    Comp: $1.49M
  • Mr. Robert Kipp DeVeer III (Age 50)
    Director, Partner, Head of Ares Credit Group & Director and CEO of Ares Capital Corp.
    Comp: $25.32M
  • Ms. Jana Markowicz (Age 42)
    Chief Operating Officer of U.S. Direct Lending
  • Mr. Sandesh Hegde
    Partner, Global Chief Information Officer, COO of Ares India & Pres of AOISSC
  • Mr. Mark Charles Infanger CPA (Age 51)
    MD and Chief Accounting Officer for Fin., Accounting & Operations
  • Mr. Carl G. Drake C.F.A.
    Partner, Head of Public Markets Investor Relations & Corp. Communications













ARES Stock - Frequently Asked Questions

Should I buy or sell Ares Management stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ARES shares.
View ARES analyst ratings
or view top-rated stocks.

What is Ares Management's stock price forecast for 2023?

11 brokerages have issued twelve-month price objectives for Ares Management's shares. Their ARES share price forecasts range from $95.00 to $126.00. On average, they expect the company's stock price to reach $105.00 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts price targets for ARES
or view top-rated stocks among Wall Street analysts.

How have ARES shares performed in 2023?

Ares Management's stock was trading at $68.44 at the beginning of the year. Since then, ARES shares have increased by 52.8% and is now trading at $104.56.
View the best growth stocks for 2023 here
.

Are investors shorting Ares Management?

Ares Management saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 3,970,000 shares, a decrease of 5.3% from the July 31st total of 4,190,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.7% of the company's stock are short sold.
View Ares Management's Short Interest
.

When is Ares Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our ARES earnings forecast
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) announced its quarterly earnings data on Tuesday, August, 1st. The asset manager reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.05. The asset manager earned $1.09 billion during the quarter, compared to the consensus estimate of $725.82 million. Ares Management had a trailing twelve-month return on equity of 17.56% and a net margin of 8.79%. During the same period last year, the firm earned $0.74 EPS.

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

Ares Management declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Friday, September 15th will be given a dividend of $0.77 per share on Friday, September 29th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for ARES
.

Is Ares Management a good dividend stock?

Ares Management (NYSE:ARES) pays an annual dividend of $3.08 per share and currently has a dividend yield of 2.95%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 188.96%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ARES will have a dividend payout ratio of 62.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARES.

What is Michael Arougheti's approval rating as Ares Management's CEO?

18 employees have rated Ares Management Chief Executive Officer Michael Arougheti on Glassdoor.com. Michael Arougheti has an approval rating of 100% among the company's employees. This puts Michael Arougheti in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ares Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Management investors own include Intel (INTC), AT&T (T), General Electric (GE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Wells Fargo & Company (WFC), Verizon Communications (VZ), Bank of America (BAC), QUALCOMM (QCOM) and Alibaba Group (BABA).

What is Ares Management's stock symbol?

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

Who are Ares Management's major shareholders?

Ares Management's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.77%), Capital World Investors (3.33%), Bank of New York Mellon Corp (1.23%), Boston Partners (1.06%), Franklin Resources Inc. (1.05%) and State Street Corp (1.01%). Insiders that own company stock include Aghili Naseem Sagati, Antoinette Cook Bush, Antony P Ressler, Ares Capital Management Ii Llc, Ares Management Llc, Ashish Bhutani, Bennett Rosenthal, Corporate Opportunities F Ares, David B Kaplan, Judy D Olian, Michael J Arougheti, Michael J Arougheti, Michael R Mcferran, R Kipp Deveer and Ryan Berry.
View institutional ownership trends
.

How do I buy shares of Ares Management?

Shares of ARES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ares Management's stock price today?

One share of ARES stock can currently be purchased for approximately $104.56.

How much money does Ares Management make?

Ares Management (NYSE:ARES) has a market capitalization of $31.84 billion and generates $3.06 billion in revenue each year. The asset manager earns $167.54 million in net income (profit) each year or $1.63 on an earnings per share basis.

How many employees does Ares Management have?

The company employs 2,550 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 official website for the company is www.aresmgmt.com. The asset manager can be reached via phone at (310) 201-4100, via email at cdrake@aresmgmt.com, or via fax at 310-201-4170.

This page (NYSE:ARES) was last updated on 9/24/2023 by MarketBeat.com Staff

My Account -