S&P 500   5,143.69 (-1.07%)
DOW   38,088.12 (-0.96%)
QQQ   440.77 (-1.03%)
AAPL   176.80 (+1.01%)
MSFT   422.75 (-1.21%)
META   515.17 (-1.53%)
GOOGL   159.10 (-0.19%)
AMZN   187.11 (-1.03%)
TSLA   172.10 (-1.43%)
NVDA   892.76 (-1.48%)
AMD   164.39 (-3.58%)
NIO   4.18 (-6.28%)
BABA   72.46 (-3.19%)
T   16.39 (-0.18%)
F   12.73 (-2.38%)
MU   124.64 (-2.25%)
GE   154.79 (-1.66%)
CGC   7.84 (-3.80%)
DIS   114.39 (-2.36%)
AMC   2.76 (-1.43%)
PFE   26.13 (-0.80%)
PYPL   65.81 (+0.02%)
XOM   123.46 (+1.37%)
S&P 500   5,143.69 (-1.07%)
DOW   38,088.12 (-0.96%)
QQQ   440.77 (-1.03%)
AAPL   176.80 (+1.01%)
MSFT   422.75 (-1.21%)
META   515.17 (-1.53%)
GOOGL   159.10 (-0.19%)
AMZN   187.11 (-1.03%)
TSLA   172.10 (-1.43%)
NVDA   892.76 (-1.48%)
AMD   164.39 (-3.58%)
NIO   4.18 (-6.28%)
BABA   72.46 (-3.19%)
T   16.39 (-0.18%)
F   12.73 (-2.38%)
MU   124.64 (-2.25%)
GE   154.79 (-1.66%)
CGC   7.84 (-3.80%)
DIS   114.39 (-2.36%)
AMC   2.76 (-1.43%)
PFE   26.13 (-0.80%)
PYPL   65.81 (+0.02%)
XOM   123.46 (+1.37%)
S&P 500   5,143.69 (-1.07%)
DOW   38,088.12 (-0.96%)
QQQ   440.77 (-1.03%)
AAPL   176.80 (+1.01%)
MSFT   422.75 (-1.21%)
META   515.17 (-1.53%)
GOOGL   159.10 (-0.19%)
AMZN   187.11 (-1.03%)
TSLA   172.10 (-1.43%)
NVDA   892.76 (-1.48%)
AMD   164.39 (-3.58%)
NIO   4.18 (-6.28%)
BABA   72.46 (-3.19%)
T   16.39 (-0.18%)
F   12.73 (-2.38%)
MU   124.64 (-2.25%)
GE   154.79 (-1.66%)
CGC   7.84 (-3.80%)
DIS   114.39 (-2.36%)
AMC   2.76 (-1.43%)
PFE   26.13 (-0.80%)
PYPL   65.81 (+0.02%)
XOM   123.46 (+1.37%)
S&P 500   5,143.69 (-1.07%)
DOW   38,088.12 (-0.96%)
QQQ   440.77 (-1.03%)
AAPL   176.80 (+1.01%)
MSFT   422.75 (-1.21%)
META   515.17 (-1.53%)
GOOGL   159.10 (-0.19%)
AMZN   187.11 (-1.03%)
TSLA   172.10 (-1.43%)
NVDA   892.76 (-1.48%)
AMD   164.39 (-3.58%)
NIO   4.18 (-6.28%)
BABA   72.46 (-3.19%)
T   16.39 (-0.18%)
F   12.73 (-2.38%)
MU   124.64 (-2.25%)
GE   154.79 (-1.66%)
CGC   7.84 (-3.80%)
DIS   114.39 (-2.36%)
AMC   2.76 (-1.43%)
PFE   26.13 (-0.80%)
PYPL   65.81 (+0.02%)
XOM   123.46 (+1.37%)
NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

$132.60
-1.47 (-1.10%)
(As of 10:33 AM ET)
Today's Range
$131.89
$133.87
50-Day Range
$124.50
$137.06
52-Week Range
$77.97
$139.48
Volume
110,545 shs
Average Volume
1.01 million shs
Market Capitalization
$41.05 billion
P/E Ratio
55.48
Dividend Yield
2.81%
Price Target
$123.09

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
8.1% Downside
$123.09 Price Target
Short Interest
Healthy
1.71% 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 34 Articles This Week
Insider Trading
Selling Shares
$139.77 M Sold Last Quarter
Proj. Earnings Growth
30.09%
From $4.62 to $6.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.83 out of 5 stars

Finance Sector

241st out of 2,634 stocks

Investment Advice Industry

7th out of 147 stocks

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

This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
Decoding 8 Analyst Evaluations For Ares Management
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.

Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/12/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Employees
2,850
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$123.09
High Stock Price Target
$153.00
Low Stock Price Target
$96.00
Potential Upside/Downside
-8.1%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
36.70%

Debt

Sales & Book Value

Annual Sales
$3.63 billion
Cash Flow
$3.05 per share
Book Value
$14.55 per share

Miscellaneous

Free Float
163,036,000
Market Cap
$41.48 billion
Optionable
Optionable
Beta
1.17

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

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

Pros

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

  • Ares Management Co. has shown consistent growth in its earnings per share, beating analysts' estimates in recent quarters. This indicates a strong financial performance and potential for future profitability.
  • Recent insider transactions, such as the sale of shares by insiders at a higher price, can be a positive signal for investors, suggesting confidence in the company's future prospects.
  • The company's stock price has been trading at higher levels, indicating positive investor sentiment and potential for capital appreciation.
  • Ares Management Co. has a diversified portfolio and a strong presence in the asset management industry, providing stability and potential for long-term growth.
  • With institutional investors increasing their stakes in Ares Management Co., it reflects confidence in the company's performance and growth prospects, which can be reassuring for individual investors.

Cons

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

  • While the company has shown growth, its price-to-earnings ratio of 56.05 may indicate that the stock is currently overvalued, posing a risk for investors looking for undervalued opportunities.
  • High institutional ownership of the stock (50.03%) may lead to increased volatility in the stock price, as large institutional trades can impact market movements significantly.
  • Debt-to-equity ratio of 0.69 suggests that Ares Management Co. has a moderate level of debt, which could pose risks during economic downturns or periods of financial instability.
  • While insider transactions can be positive signals, large sell-offs by insiders may raise concerns about the company's future performance or potential challenges ahead.
  • Market volatility and uncertainties in the global economic landscape could impact Ares Management Co.'s operations and financial results, leading to fluctuations in the stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 9, 2024. Please send any questions or comments about these Ares Management pros and cons to contact@marketbeat.com.

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 year. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ARES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARES, but not buy additional shares or sell existing shares.
View ARES analyst ratings
or view top-rated stocks.

What is Ares Management's stock price target for 2024?

11 brokerages have issued 1-year price targets for Ares Management's shares. Their ARES share price targets range from $96.00 to $153.00. On average, they predict the company's share price to reach $123.09 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts price targets for ARES
or view top-rated stocks among Wall Street analysts.

How have ARES shares performed in 2024?

Ares Management's stock was trading at $118.92 on January 1st, 2024. Since then, ARES stock has increased by 12.7% and is now trading at $133.97.
View the best growth stocks for 2024 here
.

Are investors shorting Ares Management?

Ares Management saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,660,000 shares, an increase of 10.4% from the February 29th total of 2,410,000 shares. Based on an average daily volume of 935,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.7% of the shares of the company 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, May 2nd 2024.
View our ARES earnings forecast
.

How can I listen to Ares Management's earnings call?

Ares Management will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2558.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) posted its earnings results on Thursday, February, 8th. The asset manager reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.11. The asset manager earned $1.05 billion during the quarter, compared to analysts' expectations of $862.71 million. Ares Management had a trailing twelve-month return on equity of 21.01% and a net margin of 13.06%. During the same quarter in the prior year, the firm posted $1.21 EPS.

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

Ares Management announced a quarterly dividend on Thursday, February 8th. Investors of record on Friday, March 15th will be paid a dividend of $0.93 per share on Friday, March 29th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.77.
Read our dividend analysis for ARES
.

Is Ares Management a good dividend stock?

Ares Management (NYSE:ARES) pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.78%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 155.65%. 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 61.90% 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).

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 Perpetual Ltd (0.21%), RFG Advisory LLC (0.00%), Gulf International Bank UK Ltd (0.00%), Park Avenue Securities LLC (0.00%), Fulton Bank N.A. (0.00%) and Capital CS Group LLC (0.00%). 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 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ARES) was last updated on 4/12/2024 by MarketBeat.com Staff

From Our Partners