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NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

$147.10
+1.80 (+1.24%)
(As of 07/26/2024 ET)
Today's Range
$145.61
$148.43
50-Day Range
$131.79
$150.79
52-Week Range
$96.00
$152.63
Volume
664,774 shs
Average Volume
1.14 million shs
Market Capitalization
$45.57 billion
P/E Ratio
65.96
Dividend Yield
2.53%
Price Target
$134.33

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
8.7% Downside
$134.33 Price Target
Short Interest
Healthy
1.02% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.53mentions of Ares Management in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$97.95 M Sold Last Quarter
Proj. Earnings Growth
41.04%
From $4.24 to $5.98 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.

4.57 out of 5 stars

Finance Sector

109th out of 898 stocks

Investment Advice Industry

9th out of 49 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

625,000% Gain
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Ares Management (ARES) to Release Earnings on Friday
CG Aug 2024 37.500 put
625,000% Gain
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Golub Capital: Buy The Dip On This 10% Yield
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/02/2024
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
$134.33
High Stock Price Target
$158.00
Low Stock Price Target
$96.00
Potential Upside/Downside
-8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
37.52%

Debt

Sales & Book Value

Annual Sales
$3.63 billion
Cash Flow
$3.13 per share
Book Value
$14.55 per share

Miscellaneous

Free Float
306,097,000
Market Cap
$45.57 billion
Optionable
Optionable
Beta
1.22

Social Links

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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 Corporation operates as an alternative asset manager in the United States, Europe, and Asia, providing diversified investment opportunities.
  • The company's Tradable Credit Group segment manages various types of investment funds for institutional investors, offering a range of investment options.
  • Ares Management Co. has a strong track record of managing commingled and separately managed accounts, showcasing expertise in the industry.
  • Recent developments in the company's investment strategies have shown promising results, attracting potential investors.
  • Investors may find the current stock price of ARES to be favorable for potential growth opportunities.

Cons

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

  • While Ares Management Co. offers diverse investment options, market volatility may impact the performance of investment funds.
  • Investing in alternative assets may carry higher risks compared to traditional investments, requiring careful consideration.
  • Changes in regulatory environments or economic conditions could affect the company's operations and investment strategies.
  • Competition in the alternative asset management industry may pose challenges for Ares Management Co.'s growth and market positioning.
  • Investors should closely monitor market trends and company developments to make informed decisions regarding Ares Management Co.
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 Sunday, July 7, 2024. Please send any questions or comments about these Ares Management pros and cons to contact@marketbeat.com.

ARES Stock Analysis - Frequently Asked Questions

How have ARES shares performed this year?

Ares Management's stock was trading at $118.92 on January 1st, 2024. Since then, ARES stock has increased by 23.7% and is now trading at $147.10.
View the best growth stocks for 2024 here
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) released its quarterly earnings results on Thursday, May, 2nd. The asset manager reported $0.80 EPS for the quarter, missing analysts' consensus estimates of $0.93 by $0.13. The asset manager earned $707.36 million during the quarter, compared to analyst estimates of $814.88 million. Ares Management had a trailing twelve-month return on equity of 21.22% and a net margin of 12.86%.

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.

Who are Ares Management's major shareholders?

Top institutional investors of Ares Management include LRI Investments LLC (0.91%), Curated Wealth Partners LLC (0.54%), Bank of New York Mellon Corp (0.46%) and M&G Plc (0.33%). Insiders that own company stock include Ares Management Llc, Corporate Opportunities F Ares, R Kipp Deveer, Ryan Berry, Aghili Naseem Sagati, Michael J Arougheti, Judy D Olian, Antoinette Cook Bush, Ashish Bhutani, Bennett Rosenthal, David B Kaplan, Antony P Ressler and Ares Capital Management Ii Llc.
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.

What other stocks do shareholders of Ares Management own?

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

This page (NYSE:ARES) was last updated on 7/26/2024 by MarketBeat.com Staff

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