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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

Ares Management Stock Price, News & Analysis (NYSE:ARES)

$107.88
-1.74 (-1.59%)
(As of 12/6/2023 ET)
Compare
Today's Range
$107.69
▼
$110.99
50-Day Range
$98.59
▼
$112.25
52-Week Range
$66.04
▼
$112.41
Volume
830,808 shs
Average Volume
1.01 million shs
Market Capitalization
$33.14 billion
P/E Ratio
50.18
Dividend Yield
2.86%
Price Target
$110.83
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
2.7% Upside
$110.83 Price Target
Short Interest
Bearish
2.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.29mentions of Ares Management in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$54.39 M Sold Last Quarter
Proj. Earnings Growth
32.68%
From $3.58 to $4.75 Per Share

Overall MarketRank™

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

2.26 out of 5 stars

Finance Sector

257th out of 717 stocks

Investment Advice Industry

23rd out of 41 stocks

See Top Rated MarketRank™ Stocks Here

ARES stock logo

About Ares Management Stock (NYSE:ARES)

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 Stock Price History

ARES Stock News Headlines

December 7, 2023 | nasdaq.com
UBS Initiates Coverage of Ares Commercial Real Estate (ACRE) with Neutral Recommendation
December 6, 2023 | incomeinvestors.com
Ares Capital Stock: 9.7%-Yielding Alternative Bank Reported Another Strong Quarter
December 7, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
December 6, 2023 | finance.yahoo.com
Ares and Sportsology Are in Talks for Stake in MLB’s Texas Rangers
December 5, 2023 | finance.yahoo.com
X-energy Finalizes $235 Million Series C Financing
December 5, 2023 | finance.yahoo.com
Angel Oak Capital Advisors Hires Institutional CRE Veteran, Sumit Sasidharan, to Lead and Expand Commercial Real Estate Lending and Vehicle Launches
December 5, 2023 | wsj.com
Ares Banks $3.3 Billion to Buy Real-Estate Fund Assets
December 5, 2023 | finance.yahoo.com
Ares Management Raises Approximately $3.3 Billion of Real Estate Secondaries Capital
December 7, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
December 4, 2023 | finance.yahoo.com
Private Lenders Beat Morgan Stanley in Aerospace Debt Deal
December 4, 2023 | finance.yahoo.com
Burnham RNG is Acquired by Ares Management
December 3, 2023 | msn.com
Want $10,000 in Annual Passive Income? Invest $106,000 in These 3 High-Yield Dividend Stocks
December 1, 2023 | americanbankingnews.com
Ares Management Co. (NYSE:ARES) Receives $110.83 Consensus PT from Brokerages
November 29, 2023 | finance.yahoo.com
Ares Stock In Buy Zone Amid Soaring Earnings Growth
November 29, 2023 | msn.com
Stocks With Rising Composite Ratings: Ares Management
November 29, 2023 | markets.businessinsider.com
Private Credit Power Plays: 3 Stocks You Can’t Afford to Miss
November 28, 2023 | msn.com
Ares Doesn't See Asset Bubble in Private Credit
November 27, 2023 | msn.com
Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
November 25, 2023 | msn.com
Crypto-exposed stocks dominate financial gainers in holiday-shortened week
November 21, 2023 | finance.yahoo.com
Ares Management Corporation to Present at the Goldman Sachs 2023 US Financial Services Conference
November 21, 2023 | afr.com
Ares, Pacific Equity Partners line up for Rugby Australia debt
November 19, 2023 | msn.com
Looking for Passive Income? This Warren Buffett Stock Has an Ultra-High Dividend Yield of Almost 10%
November 19, 2023 | msn.com
China’s millions of SMEs and ‘continent-sized economy’ lure US alternative investment manager Ares
November 13, 2023 | seekingalpha.com
Better High-Yield Blue-Chip Buy: Ares Capital Vs. Main Street?
November 9, 2023 | finance.yahoo.com
Ares Capital Corporation Appoints Scott Lem as Chief Financial Officer
November 8, 2023 | msn.com
Ares Management prices offering of senior notes
November 7, 2023 | finance.yahoo.com
Ares Management Corporation Prices Offering of Senior Notes
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
10/31/2023
Today
12/06/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/08/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:ARES
CUSIP
N/A
CIK
1176948
Web
www.aresmgmt.com
Phone
(310) 201-4100
Fax
310-201-4170
Employees
2,550
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$110.83
High Stock Price Target
$133.00
Low Stock Price Target
$96.00
Potential Upside/Downside
+2.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.15
Trailing P/E Ratio
50.20
Forward P/E Ratio
30.15
P/E Growth
1.29
Net Income
$167.54 million
Net Margins
11.89%
Pretax Margin
33.93%
Return on Equity
17.60%
Return on Assets
3.09%

Debt

Debt-to-Equity Ratio
0.60
Current Ratio
0.98
Quick Ratio
0.98

Sales & Book Value

Annual Sales
$3.06 billion
Price / Sales
10.85
Cash Flow
$3.09 per share
Price / Cash Flow
34.89
Book Value
$12.89 per share
Price / Book
8.37

Miscellaneous

Outstanding Shares
307,210,000
Free Float
161,777,000
Market Cap
$33.15 billion
Optionable
Optionable
Beta
1.27

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Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Ares Management Stock? ARES Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ares Management was last updated on Tuesday, November 28, 2023 at 11:39 AM.

Pros

Here are some ways that investors could benefit from investing in Ares Management Co.:

  • Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia, providing investors with exposure to a diverse range of markets and investment opportunities.
  • The company's Tradable Credit Group segment manages various types of investment funds, including 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. This allows investors to access different credit markets and potentially benefit from market inefficiencies.
  • Ares Management's Direct Lending Group segment provides financing solutions to small-to-medium sized companies, which can offer attractive returns for investors seeking exposure to this segment of the market.
  • The company's Private Equity Group focuses on majority or shared-control investments primarily in under-capitalized companies, which can provide investors with opportunities for significant capital appreciation.
  • Ares Management's Real Estate Group invests in new developments and the repositioning of assets, with a focus on control or majority-control investments. This allows investors to participate in the potential upside of real estate projects and benefit from the expertise of the company's real estate investment team.

Cons

Investors should be bearish about investing in Ares Management Co. for these reasons:

  • Investing in alternative asset managers like Ares Management carries inherent risks, including market volatility, liquidity risk, and the potential for investment losses.
  • The performance of Ares Management's investment funds and strategies is subject to various factors, including market conditions, economic trends, and the company's ability to identify and execute successful investment opportunities. There is no guarantee that the company will achieve its investment objectives or deliver positive returns.
  • The stock price of Ares Management (symbol: ARES) can be volatile and may fluctuate based on market conditions, investor sentiment, and company-specific factors. Investors should carefully consider their risk tolerance and investment goals before investing in the company.
  • Investing in Ares Management requires a thorough understanding of the alternative asset management industry, including the company's investment strategies, risk management practices, and competitive positioning. Investors should conduct their own due diligence and seek professional advice if needed.
  • Past performance is not indicative of future results. Investors should carefully review Ares Management's historical performance and consider the potential risks and rewards before making an investment decision.














ARES Stock Analysis - Frequently Asked Questions

Should I buy or sell Ares Management stock right now?

11 Wall Street 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 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 target for 2024?

11 brokers have issued twelve-month price targets for Ares Management's shares. Their ARES share price targets range from $96.00 to $133.00. On average, they predict the company's share price to reach $110.83 in the next year. This suggests a possible upside of 2.7% 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 2023. Since then, ARES shares have increased by 57.6% and is now trading at $107.88.
View the best growth stocks for 2023 here.

When is Ares Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our ARES earnings forecast.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) released its quarterly earnings results on Tuesday, October, 31st. The asset manager reported $0.83 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by $0.04. The asset manager had revenue of $671.30 million for the quarter, compared to analyst estimates of $736.58 million. Ares Management had a net margin of 11.89% and a trailing twelve-month return on equity of 17.60%. The company's revenue for the quarter was down 16.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS.

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

Ares Management announced a quarterly dividend on Tuesday, October 31st. Shareholders of record on Friday, December 15th will be given a dividend of $0.77 per share on Friday, December 29th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Thursday, December 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 2.75%. 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 143.26%. 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 64.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARES.

What ETFs hold Ares Management's stock?

ETFs with the largest weight of Ares Management (NYSE:ARES) stock in their portfolio include Invesco Dorsey Wright Financial Momentum ETF (PFI), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), BNY Mellon Innovators ETF (BKIV), SPDR S&P Capital Markets ETF (KCE), FIS Biblically Responsible Risk Managed ETF (PRAY), Global X Founder-Run Companies ETF (BOSS), WisdomTree U.S. MidCap Dividend Fund (DON) and Invesco Dorsey Wright Momentum ETF (PDP).

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).

Who are Ares Management's major shareholders?

Ares Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (5.71%), FMR LLC (1.90%), Bank of New York Mellon Corp (1.10%), Boston Partners (1.05%), JPMorgan Chase & Co. (0.86%) and Curated Wealth Partners LLC (0.55%). 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.

This page (NYSE:ARES) was last updated on 12/7/2023 by MarketBeat.com Staff

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