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

About Ares Management L.P.

Ares Management L.P. logoAres Management, L.P. is an alternative asset manager. The Company operates through four segments: Tradable Credit Group, Direct Lending Group, Private Equity Group and Real Estate Group. Its Tradable Credit Group is a participant in the tradable, non-investment grade corporate credit markets and manages various types of investment funds, ranging from commingled and separately managed accounts for institutional investors to publicly traded vehicles and sub-advised funds for retail investors. Its Direct Lending Group is a self-originating direct lender to the United States and European markets. Its Private Equity Group manages approximately five corporate private equity commingled funds focused on North America and Europe, a China growth fund, over five commingled funds and approximately six related co-investment vehicles focused on the United States power and energy assets. Its Real Estate Group manages public and private equity and debt strategies.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ARES
  • CUSIP:
Key Metrics:
  • Previous Close: $23.05
  • 50 Day Moving Average: $19.751
  • 200 Day Moving Average: $18.095
  • 52-Week Range: $11.74 - $23.25
  • Trailing P/E Ratio: 26.476
  • Foreward P/E Ratio: 13.44
  • P/E Growth: 0.520
  • Market Cap: $4.90B
  • Outstanding Shares: 214,093,000
  • Beta: 1.18
Profitability:
  • Net Margins: 7.79%
  • Return on Equity: 25.44%
  • Return on Assets: 5.39%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 0.40%
  • Quick Ratio: 0.40%
Additional Links:
Companies Related to Ares Management L.P.:

Analyst Ratings

Consensus Ratings for Ares Management L.P. (NYSE:ARES) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $19.00 (18.28% downside)

Analysts' Ratings History for Ares Management L.P. (NYSE:ARES)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017Credit Suisse GroupInitiated CoverageNeutral$21.00View Rating Details
1/8/2017Wells Fargo & CompanyReiterated RatingOutperformView Rating Details
12/16/2016Bank of America CorpUpgradeNeutral -> Buy$19.00View Rating Details
10/15/2016Keefe, Bruyette & WoodsSet Price TargetBuy$21.00View Rating Details
8/11/2016Morgan StanleySet Price TargetHold$15.00View Rating Details
11/11/2015Royal Bank of CanadaLower Price TargetOutperform$22.00 -> $20.00View Rating Details
8/11/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$20.00View Rating Details
3/6/2015SunTrust Banks, Inc.Boost Price TargetBuy$22.00 -> $23.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Ares Management L.P. (NYSE:ARES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
2/24/2017Q416$0.37$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
5/10/2016Q116$0.23$0.08$171.50 millionViewListenView Earnings Details
2/29/2016Q415$0.29$0.20$166.64 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$0.33$0.32$152.15 million$127.46 millionViewN/AView Earnings Details
8/13/2014Q214$0.37$0.33$170.40 millionViewN/AView Earnings Details
6/10/2014Q114$0.33$0.34$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: $1.34 EPS
Next Year EPS Consensus Estimate: $1.73 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.40$0.40$0.40
Q2 20161$0.42$0.42$0.42
Q3 20161$0.48$0.48$0.48
Q4 20161$0.58$0.58$0.58
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ares Management L.P. (NYSE:ARES)
Annual Dividend:$0.80
Dividend Yield:3.44%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:94.12% (Based on Trailing 12 Months of Earnings)
59.70% (Based on Current Year Consensus EPS Estimate)
46.24% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ares Management L.P. (NYSE:ARES)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Ares Management L.P. (NYSE:ARES)
Institutional Ownership Percentage: 10.38%
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

Latest Headlines for Ares Management L.P. (NYSE:ARES)
DateHeadline
wsj.com logo[$$] American Securities-Backed Aspen Dental to Issue $200 Million Dividend (NYSE:ARES)
www.wsj.com - February 24 at 3:49 PM
businesswire.com logoAres Management, L.P. Reports Fourth Quarter and Full Year 2016 ... - Business Wire (press release) (NYSE:ARES)
www.businesswire.com - February 24 at 12:08 PM
sg.finance.yahoo.com logoAres Management beats 4Q profit forecasts (NYSE:ARES)
sg.finance.yahoo.com - February 24 at 12:08 PM
News IconResearch Brokerage Views on Ares Management, L.P. (NYSE ... - Sherwood Daily (NYSE:ARES)
sherwooddaily.com - February 22 at 8:36 PM
News IconEarnings Analysis & Update for Ares Management L.P. (NYSE ... - Aiken Advocate (NYSE:ARES)
aikenadvocate.com - February 22 at 3:35 PM
businesswire.com logoMonth-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc. - Business Wire (press release) (NYSE:ARES)
www.businesswire.com - February 18 at 3:34 PM
wsj.com logoHow Bill Walton's Son Nate Made $1 Billion In The Oil Patch - Wall Street Journal (subscription) (NYSE:ARES)
www.wsj.com - February 18 at 3:34 PM
News IconGastar enters capital transaction with Ares Management, reveals 2017 capital plan - Oil & Gas Financial Journal (NYSE:ARES)
www.ogfj.com - February 18 at 3:34 PM
wsj.com logo[$$] How Bill Walton’s Son Nate Made $1 Billion In The Oil Patch (NYSE:ARES)
www.wsj.com - February 18 at 9:41 AM
News IconGastar Exploration Announces Capital Transaction with Funds Managed by Ares ... (NYSE:ARES)
boereport.com - February 17 at 6:32 PM
investornewswire.com logoStock Price Forecast Of Ares Management LP (NYSE:ARES) At $21.5 - Investor Newswire (NYSE:ARES)
www.investornewswire.com - February 16 at 3:40 PM
News IconAnalyst Target Update & Review on Ares Management LP (NYSE:ARES) - Rockville Register (NYSE:ARES)
rockvilleregister.com - February 15 at 2:16 AM
wsj.com logo[$$] Ask The Experts : Ares Management's Tony Ressler: 'You Can't Hide Performance' (NYSE:ARES)
www.wsj.com - February 15 at 2:16 AM
streetinsider.com logoForm 4 ARES MANAGEMENT LP For: Jan 20 Filed by: WEINER MICHAEL D (NYSE:ARES)
www.streetinsider.com - February 3 at 2:40 AM
streetinsider.com logoForm 4 ARES MANAGEMENT LP For: Jan 20 Filed by: McFerran Michael R - StreetInsider.com (NYSE:ARES)
www.streetinsider.com - February 2 at 1:49 AM
News IconSteering Attention Towards Earnings; Analysts Weigh in on Ares Management L.P. (NYSE:ARES) Stock - Aiken Advocate (NYSE:ARES)
aikenadvocate.com - February 1 at 3:46 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Ares Management L.P. (NYSE:ARES)? - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 31 at 3:46 PM
fool.com logo1 Thing Vanguard Natural Resources, LLC Has to Prove in 2017 (NYSE:ARES)
www.fool.com - January 31 at 3:46 PM
moodys.com logo99 Cents Only Stores LLC -- Moody's stabilizes ratings outlook for 99¢ Only Stores (NYSE:ARES)
www.moodys.com - January 30 at 4:40 PM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One Fare: Ares Management, L.P. (NYSE:ARES) - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 28 at 3:38 PM
News IconAre Analysts Predicting a Near-Term Upswing For Ares Management L.P. (NYSE:ARES)? - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 27 at 9:29 PM
4-traders.com logoAres Management LP : and Kaplan Management Company Form Joint Venture to Develop Prime Residential Site in Scottsdale, AZ. (NYSE:ARES)
www.4-traders.com - January 27 at 1:57 AM
marketexclusive.com logoAnalyst Activity – Credit Suisse Group Initiates Coverage On Ares Management L.P. (NYSE:ARES) With a Neutral (NYSE:ARES)
marketexclusive.com - January 26 at 1:44 AM
streetinsider.com logoCredit Suisse Starts Ares Management, LP (ARES) at Neutral - StreetInsider.com (NYSE:ARES)
www.streetinsider.com - January 25 at 3:42 PM
finance.yahoo.com logoCoverage initiated on Ares Management by Credit Suisse (NYSE:ARES)
finance.yahoo.com - January 25 at 3:42 PM
News IconEarnings in Full Force, Analysts Take Aim at Ares Management L.P. (NYSE:ARES) - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 24 at 3:55 PM
businesswire.com logoMonth-End Portfolio Data Now Available for Ares Dynamic Credit ... - Business Wire (press release) (NYSE:ARES)
www.businesswire.com - January 23 at 8:41 PM
News IconStock Touches New High Post-Inauguration: Ares Management, L.P. (NYSE:ARES) - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 23 at 3:41 PM
News IconELAM: Big bets at the pay off (NYSE:ARES)
www.oaoa.com - January 22 at 8:35 PM
bizjournals.com logoTransaction Action: CHRISTUS' new landlord part of national portfolio deal - San Antonio Business Journal (NYSE:ARES)
www.bizjournals.com - January 21 at 3:34 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Ares Management L.P. (NYSE:ARES) - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 21 at 3:34 PM
finance.yahoo.com logoWill Ares Management (ARES) Continue to Surge Higher? (NYSE:ARES)
finance.yahoo.com - January 20 at 4:38 PM
capitalcube.com logoAres Management LP : ARES-US: Dividend Analysis : November 21st, 2016 (record date) : By the numbers : January 20, 2017 (NYSE:ARES)
www.capitalcube.com - January 20 at 4:38 PM
capitalcube.com logoAres Management LP: Strong price momentum but will it sustain? (NYSE:ARES)
www.capitalcube.com - January 20 at 4:38 PM
us.rd.yahoo.com logoOil-Patch Deal Pays Off Big (NYSE:ARES)
us.rd.yahoo.com - January 19 at 4:43 PM
News IconWill The Needle Move For Ares Management L.P. (NYSE:ARES) Shares This Earnings Season? - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 18 at 9:17 PM
News IconStock Perspective: Ares Management L.P. (NYSE:ARES) Company Earnings Watch - Aiken Advocate (NYSE:ARES)
aikenadvocate.com - January 18 at 9:17 PM
News IconShows Sign of Reversal, Multiple Top Pattern Forms for Ares Management, LP (NYSE:ARES) - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 18 at 9:17 PM
News IconStock Mover of The Day: Could Ares Management LP Change Direction After Today's Huge Increase? - Fair View Times (NYSE:ARES)
fairviewtimes.com - January 18 at 9:17 PM
wsj.com logo[$$] Oil-Patch Deal Pays Off Big (NYSE:ARES)
www.wsj.com - January 18 at 9:17 PM
capitalcube.com logoAres Management LP breached its 50 day moving average in a Bearish Manner : ARES-US : January 18, 2017 (NYSE:ARES)
www.capitalcube.com - January 18 at 4:14 PM
wsj.com logoOil Patch Rescue: How to Make $1.2 Billion in Less than a Year (NYSE:ARES)
blogs.wsj.com - January 18 at 4:14 PM
seekingalpha.com logoNoble Energy Got No Respect, So It Used Its Wallet (NYSE:ARES)
seekingalpha.com - January 18 at 2:19 AM
News IconAres Management, Kaplan Management to buy District at the Quarter (NYSE:ARES)
www.pehub.com - January 17 at 4:17 PM
News IconDividend Darling With Consensus Upside? Look No Further Than Ares Management, L.P. (NYSE:ARES) - Aiken Advocate (NYSE:ARES)
aikenadvocate.com - January 17 at 9:57 AM
News IconWill The Needle Move For Ares Management LP (NYSE:ARES) Shares This Earnings Season? - Wall Street Beacon (NYSE:ARES)
wsbeacon.com - January 17 at 9:57 AM
businesswire.com logoAres Management, L.P. Schedules Earnings Release and Conference Call for the Fourth Quarter and Fiscal Year ... - Business Wire (press release) (NYSE:ARES)
www.businesswire.com - January 17 at 9:57 AM
finance.yahoo.com logoAres Management and Kaplan Management Company Form Joint Venture to Develop Prime Residential Site in Scottsdale, AZ. (NYSE:ARES)
finance.yahoo.com - January 17 at 9:57 AM
finance.yahoo.com logoAres Management, L.P. Schedules Earnings Release and Conference Call for the Fourth Quarter and Fiscal Year Ended December 31, 2016 (NYSE:ARES)
finance.yahoo.com - January 17 at 9:57 AM
News IconDividend Darling With Consensus Upside? Look No Further Than Ares Management, LP (NYSE:ARES) - Aiken Advocate (NYSE:ARES)
aikenadvocate.com - January 16 at 8:37 PM

Social

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. declared a quarterly dividend on Monday, November 7th. Investors of record on Monday, November 21st will be paid a dividend of $0.20 per share on Monday, December 5th. This represents a $0.80 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Thursday, November 17th.

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

5 analysts have issued 12-month price objectives for Ares Management L.P.'s shares. Their predictions range from $15.00 to $21.00. On average, they expect Ares Management L.P.'s share price to reach $19.00 in the next twelve months.

When will Ares Management L.P. announce their earnings?

Ares Management L.P. is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Ares Management L.P. stock?

Ares Management L.P.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (1.69%), FMR LLC (0.54%) and Raiff Partners Inc. (0.01%). Company insiders that own Ares Management L.P. stock include Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti and Michael R Mcferran.

Who sold Ares Management L.P. stock? Who is selling Ares Management L.P. stock?

Ares Management L.P.'s stock was sold by a variety of institutional investors in the last quarter, including FMR LLC and Royce & Associates LP.

Who bought Ares Management L.P. stock? Who is buying Ares Management L.P. stock?

Ares Management L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including Raiff Partners Inc.. Company insiders that have bought Ares Management L.P. stock in the last two years include Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti and Michael R Mcferran.

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.

How much does a share of Ares Management L.P. stock cost?

One share of Ares Management L.P. stock can currently be purchased for approximately $23.25.

Ares Management L.P. (NYSE:ARES) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ares Management L.P. (NYSE:ARES)

Earnings History Chart

Earnings by Quarter for Ares Management L.P. (NYSE:ARES)

Dividend History Chart

Dividend Payments by Quarter for Ares Management L.P. (NYSE:ARES)

Last Updated on 2/24/2017 by MarketBeat.com Staff