NYSE:ARES

Ares Management Stock Forecast, Price & News

Top-Rated Dividend Stocks

$45.96

+0.29 (+0.63 %)

(As of 01/20/2021 11:08 AM ET)

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Today's Range

$45.70

Now: $45.96▼

$46.17

50-Day Range

$45.14

MA: $47.60▼

$49.51

52-Week Range

$20.20

Now: $45.96▼

$49.86

Volume2,551 shs

Average Volume617,089 shs

Market Capitalization$11.88 billion

P/E Ratio85.11

Dividend Yield3.54%

Beta1.18

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.

MarketRank^™

Overall MarketRank^™

1.90 out of 5 stars

Finance Sector

316th out of 1,939 stocks

Investment Advice Industry

17th out of 65 stocks

1.4 Analyst's Opinion

Consensus Rating
Ares Management has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $44.00, Ares Management has a forecasted downside of 3.9% from its current price of $45.77.
Amount of Analyst Coverage
Ares Management has only been the subject of 4 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Ares Management has received 539 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ares Management has received 378 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ares Management has received 58.78% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ares Management and other stocks. Vote “Outperform” if you believe ARES will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARES will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Ares Management pays a meaningful dividend of 3.54%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ares Management does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ares Management is 95.81%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Ares Management will have a dividend payout ratio of 74.77% next year. This indicates that Ares Management will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ares Management insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,649,453.00 in company stock.
Percentage Held by Insiders
59.69% of the stock of Ares Management is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.40% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Ares Management are expected to grow by 20.90% in the coming year, from $1.77 to $2.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ares Management is 84.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ares Management is 84.76, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 21.92.
Price to Earnings Growth Ratio
Ares Management has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ares Management has a P/B Ratio of 3.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment advice

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:ARES

Previous Symbol

CUSIPN/A

CIK1176948

Webwww.aresmgmt.com

Phone310-201-4100

Employees1,200

Debt

Debt-to-Equity Ratio0.39

Current Ratio0.15

Quick Ratio0.15

Price-To-Earnings

Trailing P/E Ratio85.11

Forward P/E Ratio25.97

P/E Growth1.05

Sales & Book Value

Annual Sales$1.77 billion

Price / Sales6.73

Cash Flow$2.06 per share

Price / Cash Flow22.26

Book Value$13.59 per share

Price / Book3.38

Profitability

EPS (Most Recent Fiscal Year)$1.67

Net Income$148.88 million

Net Margins7.22%

Return on Equity16.07%

Return on Assets2.09%

Miscellaneous

Outstanding Shares258,452,000

Market Cap$11.88 billion

Next Earnings Date2/11/2021 (Confirmed)

OptionableOptionable

$45.96

+0.29 (+0.63 %)

(As of 01/20/2021 11:08 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Ares Management (NYSE:ARES) Frequently Asked Questions

How has Ares Management's stock price been impacted by COVID-19 (Coronavirus)?

Ares Management's stock was trading at $30.26 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ARES stock has increased by 52.6% and is now trading at $46.17.
View which stocks have been most impacted by COVID-19.

Is Ares Management a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ares Management stock.
View analyst ratings for Ares Management or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Ares Management?

Wall Street analysts have given Ares Management a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ares Management wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ares Management's next earnings date?

Ares Management is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Ares Management.

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

Ares Management will be holding an earnings conference call on Thursday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) issued its quarterly earnings data on Wednesday, October, 28th. The asset manager reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.06. The asset manager earned $428.31 million during the quarter, compared to analysts' expectations of $393.85 million. Ares Management had a net margin of 7.22% and a return on equity of 16.07%.
View Ares Management's earnings history.

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

Ares Management announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, December 17th will be given a dividend of $0.40 per share on Thursday, December 31st. This represents a $1.60 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Wednesday, December 16th.
View Ares Management's dividend history.

Is Ares Management a good dividend stock?

Ares Management pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.54%. The dividend payout ratio of Ares Management is 95.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ares Management will have a dividend payout ratio of 74.77% next year. This indicates that Ares Management will be able to sustain or increase its dividend.
View Ares Management's dividend history.

What price target have analysts set for ARES?

10 Wall Street analysts have issued 1-year price objectives for Ares Management's stock. Their forecasts range from $40.00 to $51.00. On average, they anticipate Ares Management's share price to reach $44.00 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts' price targets for Ares Management or view Wall Street analyst' top-rated stocks.

Are investors shorting Ares Management?

Ares Management saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,830,000 shares, a decrease of 18.7% from the December 15th total of 2,250,000 shares. Based on an average daily trading volume, of 562,900 shares, the days-to-cover ratio is presently 3.3 days.
View Ares Management's Short Interest.

Who are some of Ares Management's key competitors?

Some companies that are related to Ares Management include The Blackstone Group (BX), Ameriprise Financial (AMP), KKR & Co. Inc. (KKR), Legal & General Group (LGGNY), Franklin Resources (BEN), The Carlyle Group (CG), Apollo Global Management (APO), Morningstar (MORN), Invesco (IVZ), Eaton Vance (EV), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Houlihan Lokey (HLI), Evercore (EVR) and Lazard (LAZ).
View all of ARES's competitors.

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 key executives?

Ares Management's management team includes the following people:

Mr. Antony Peter Ressler, Co-founder & Exec. Chairman (Age 60, Pay $31.46M)
Mr. Michael J. Arougheti, Co-Founder, CEO, Pres & Director (Age 49, Pay $12.67M)
Mr. David B. Kaplan, Director, Co-Founder, Partner & Co-Chairman of Private Equity Group (Age 54, Pay $30.93M)
Mr. Bennett Rosenthal, Co-Founder, Partner, Co-Chairman of Private Equity Group & Director (Age 58, Pay $30.93M)
Mr. Michael Robert McFerran, Partner, COO & CFO (Age 49, Pay $2.43M)
Mr. Jarrod Phillips, Partner of Fin., Accounting & Operations and Chief Accounting Officer
Mr. Sandesh Hegde, Partner, Pres of AOISSC & CTO
Mr. Carl G. Drake C.F.A., CFA, Partner and Head of Public Investor Relations & Communications
Ms. Naseem Sera Sagati Aghili J.D., Sec., Partner & Gen. Counsel of Legal Group (Age 40)
Ms. Miriam Goldsmith Krieger J.D., Partner & Global Chief Compliance Officer (Age 44)

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 a variety of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.44%), DNB Asset Management AS (0.03%), Chesley Taft & Associates LLC (0.01%) and Park Avenue Securities LLC (0.00%). Company insiders that own Ares Management stock include Aghili Naseem Sagati, Antoinette Cook Bush, Antony P Ressler, Ares Management Llc, Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti, Michael R Mcferran and R Kipp Deveer.
View institutional ownership trends for Ares Management.

Which major investors are buying Ares Management stock?

ARES stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Chesley Taft & Associates LLC, DNB Asset Management AS, and Park Avenue Securities LLC.
View insider buying and selling activity for Ares Management or or view top insider-buying stocks.

How do I buy shares of Ares Management?

Shares of ARES 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.

What is Ares Management's stock price today?

One share of ARES stock can currently be purchased for approximately $46.17.

How big of a company is Ares Management?

Ares Management has a market capitalization of $11.93 billion and generates $1.77 billion in revenue each year. The asset manager earns $148.88 million in net income (profit) each year or $1.67 on an earnings per share basis. Ares Management employs 1,200 workers across the globe.

What is Ares Management's official website?

The official website for Ares Management is www.aresmgmt.com.

How can I contact Ares Management?

Ares Management's mailing address is 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067. The asset manager can be reached via phone at 310-201-4100 or via email at [email protected]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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