NYSE:ARES Ares Management (ARES) Stock Forecast, Price & News $104.56 -0.18 (-0.17%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$103.94▼$105.8550-Day Range$97.49▼$106.2752-Week Range$58.60▼$107.37Volume807,369 shsAverage Volume948,567 shsMarket Capitalization$31.84 billionP/E Ratio64.15Dividend Yield2.95%Price Target$105.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ares Management MarketRank™ ForecastAnalyst RatingModerate Buy2.55 Rating ScoreUpside/Downside0.4% Upside$105.00 Price TargetShort InterestHealthy2.60% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.03Upright™ Environmental ScoreNews Sentiment0.53Based on 22 Articles This WeekInsider TradingSelling Shares$241.63 M Sold Last QuarterProj. Earnings Growth34.15%From $3.69 to $4.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.79 out of 5 starsFinance Sector178th out of 840 stocksInvestment Advice Industry11th out of 49 stocks 2.3 Analyst's Opinion Consensus RatingAres Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $105.00, Ares Management has a forecasted upside of 0.4% from its current price of $104.56.Amount of Analyst CoverageAres Management has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.60% of the float of Ares Management has been sold short.Short Interest Ratio / Days to CoverAres Management has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Ares Management has recently decreased by 3.53%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldAres Management pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAres Management has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Ares Management is 188.96%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Ares Management will have a dividend payout ratio of 62.22% next year. This indicates that Ares Management will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAres Management has received a 18.93% net impact score from Upright. Ares Management seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Corporate credit granting", "Consumer credit granting", "Real estate funds investing in residential care centers", and "Real estate funds investing in industrial, logistics and warehousing buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Ares Management is -1.03. Previous Next 2.5 News and Social Media Coverage News SentimentAres Management has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Ares Management this week, compared to 7 articles on an average week.Search InterestOnly 4 people have searched for ARES on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows11 people have added Ares Management to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ares Management insiders have sold 2,905.42% more of their company's stock than they have bought. Specifically, they have bought $8,039,785.00 in company stock and sold $241,629,045.00 in company stock.Percentage Held by Insiders47.34% 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 Institutions50.03% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ares Management are expected to grow by 34.15% in the coming year, from $3.69 to $4.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ares Management is 64.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Ares Management is 64.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 67.88.Price to Earnings Growth RatioAres Management has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAres Management has a P/B Ratio of 8.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ares Management (NYSE:ARES) StockAres 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.Read More ARES Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARES Stock News HeadlinesSeptember 24, 2023 | uk.news.yahoo.comAres’ Arougheti Sees Private Credit Doubling in 5 YearsSeptember 22, 2023 | msn.comChelsea FC Raises £500 Million of Financing From US Investor AresSeptember 24, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 21, 2023 | msn.comChelsea secure $500 million investment from Ares Management — reportSeptember 21, 2023 | axios.comAres kicks $500M over to struggling Chelsea FCSeptember 21, 2023 | finance.yahoo.comAres CEO Arougheti Sees Private Credit Doubling in 5 YearsSeptember 21, 2023 | americanbankingnews.comAres Management Llc Buys 100,000 Shares of Ares Management Co. (NYSE:ARES) StockSeptember 21, 2023 | americanbankingnews.comAres Management (NYSE:ARES) Sets New 12-Month High on Insider Buying ActivitySeptember 24, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 20, 2023 | mirror.co.ukWho are Ares? Everything we know about US investment firm in $500m Chelsea talksSeptember 20, 2023 | finance.yahoo.comChelsea FC raises $500mn from AresSeptember 20, 2023 | finance.yahoo.comARES MANAGEMENT LLC Acquires Significant Stake in Frontier Communications Parent IncSeptember 19, 2023 | americanbankingnews.comAres Management Co. (NYSE:ARES) Insider Ryan Berry Sells 40,000 SharesSeptember 19, 2023 | americanbankingnews.comAres Management Co. (NYSE:ARES) Chairman Bennett Rosenthal Sells 150,000 SharesSeptember 18, 2023 | msn.comAres Capital Outperforms Market, Drawing Attention Despite Unusual YieldSeptember 18, 2023 | benzinga.comAres Management Corporation to Present at the BofA Securities 28th Annual Financials CEO ConferenceSeptember 15, 2023 | americanbankingnews.comAres Management Co. (NYSE:ARES) Major Shareholder Buys $2,178,000.00 in StockSeptember 14, 2023 | finance.yahoo.comInsider Buying: Management Ares Acquires 150,000 Shares of Frontier Communications Parent IncSeptember 14, 2023 | finance.yahoo.comDecoding Ares Management Corp's Dividend Performance: A Comprehensive AnalysisSeptember 14, 2023 | americanbankingnews.comAres Management Co. (NYSE:ARES) Receives Consensus Recommendation of "Moderate Buy" from AnalystsSeptember 13, 2023 | finance.yahoo.comX-energy and Ares Acquisition Corporation Announce Additional Committed Capital and Attractive Strategic Updates to Business CombinationSeptember 11, 2023 | msn.comAres Management: Not The Best Time To Buy This Gold-Standard BusinessSeptember 11, 2023 | technews.tmcnet.comAres Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per ShareSeptember 8, 2023 | finance.yahoo.comVirgin Voyages Announces $550 Million in Funding Led by Ares Management to Further Accelerate GrowthSeptember 8, 2023 | finance.yahoo.comUPDATE 1-Virgin Voyages raises $550 mln in Ares Management-led fundraiseSeptember 8, 2023 | finance.yahoo.comVirgin Voyages raises $550 million in Ares Management-led fundraiseSeptember 7, 2023 | msn.comVirgin Voyages Announces $550 Million in Funding, New Global ItinerariesSee 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. Email Address ARES Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings8/01/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/24/2023Dividend Payable9/29/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:ARES CUSIPN/A CIK1176948 Webwww.aresmgmt.com Phone(310) 201-4100Fax310-201-4170Employees2,550Year Founded1997Price Target and Rating Average Stock Price Forecast$105.00 High Stock Price Forecast$126.00 Low Stock Price Forecast$95.00 Forecasted Upside/Downside+0.4%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.63 Trailing P/E Ratio64.15 Forward P/E Ratio28.34 P/E Growth1.06Net Income$167.54 million Net Margins8.79% Pretax Margin24.84% Return on Equity17.56% Return on Assets3.05% Debt Debt-to-Equity Ratio0.59 Current Ratio0.97 Quick Ratio0.97 Sales & Book Value Annual Sales$3.06 billion Price / Sales10.42 Cash Flow$3.20 per share Price / Cash Flow32.63 Book Value$12.89 per share Price / Book8.11Miscellaneous Outstanding Shares304,520,000Free Float160,361,000Market Cap$31.84 billion OptionableOptionable Beta1.32 Social Links 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Antony Peter Ressler (Age 62)Co-Founder & Exec. Chairman Mr. Michael J. Arougheti (Age 51)Co-Founder, CEO, Pres & Director Comp: $20.87MMr. David B. Kaplan (Age 56)Co-Founder, Partner & Director Comp: $8.56MMr. Bennett Rosenthal (Age 60)Co-Founder, Partner, Chairman of Private Equity Group & Director Comp: $8.56MMr. Jarrod Morgan Phillips (Age 45)Partner & CFO Comp: $1.49MMr. Robert Kipp DeVeer III (Age 50)Director, Partner, Head of Ares Credit Group & Director and CEO of Ares Capital Corp. Comp: $25.32MMs. Jana Markowicz (Age 42)Chief Operating Officer of U.S. Direct Lending Mr. Sandesh HegdePartner, Global Chief Information Officer, COO of Ares India & Pres of AOISSCMr. Mark Charles Infanger CPA (Age 51)MD and Chief Accounting Officer for Fin., Accounting & Operations Mr. Carl G. Drake C.F.A.Partner, Head of Public Markets Investor Relations & Corp. CommunicationsMore ExecutivesKey CompetitorsAmeriprise FinancialNYSE:AMPBrookfield Asset ManagementNYSE:BAMApollo Global ManagementNYSE:APOThe Carlyle GroupNASDAQ:CGTPGNASDAQ:TPGView All CompetitorsInsiders & InstitutionsBarclays PLCBought 128,897 shares on 9/21/2023Ownership: 0.109%Ares Management LlcBought 100,000 shares on 9/15/2023Total: $1.48 M ($14.79/share)Bennett RosenthalSold 150,000 sharesTotal: $15.72 M ($104.79/share)Ryan BerrySold 40,000 sharesTotal: $4.19 M ($104.81/share)Ares Management LlcBought 150,000 shares on 9/11/2023Total: $2.18 M ($14.52/share)View All Insider TransactionsView All Institutional Transactions ARES Stock - Frequently Asked Questions Should I buy or sell Ares Management stock right now? 11 Wall Street research 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 research 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 forecast for 2023? 11 brokerages have issued twelve-month price objectives for Ares Management's shares. Their ARES share price forecasts range from $95.00 to $126.00. On average, they expect the company's stock price to reach $105.00 in the next year. This suggests a possible upside of 0.4% 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 the year. Since then, ARES shares have increased by 52.8% and is now trading at $104.56. View the best growth stocks for 2023 here. Are investors shorting Ares Management? Ares Management saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 3,970,000 shares, a decrease of 5.3% from the July 31st total of 4,190,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.7% of the company's stock 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, October 26th 2023. View our ARES earnings forecast. How were Ares Management's earnings last quarter? Ares Management Co. (NYSE:ARES) announced its quarterly earnings data on Tuesday, August, 1st. The asset manager reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.05. The asset manager earned $1.09 billion during the quarter, compared to the consensus estimate of $725.82 million. Ares Management had a trailing twelve-month return on equity of 17.56% and a net margin of 8.79%. During the same period last year, the firm earned $0.74 EPS. How often does Ares Management pay dividends? What is the dividend yield for Ares Management? Ares Management declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Friday, September 15th will be given a dividend of $0.77 per share on Friday, September 29th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Thursday, September 14th. 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). 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 2.95%. 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 188.96%. 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 62.22% 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). 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.77%), Capital World Investors (3.33%), Bank of New York Mellon Corp (1.23%), Boston Partners (1.06%), Franklin Resources Inc. (1.05%) and State Street Corp (1.01%). 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. What is Ares Management's stock price today? One share of ARES stock can currently be purchased for approximately $104.56. How much money does Ares Management make? Ares Management (NYSE:ARES) has a market capitalization of $31.84 billion and generates $3.06 billion in revenue each year. The asset manager earns $167.54 million in net income (profit) each year or $1.63 on an earnings per share basis. How many employees does Ares Management have? The company employs 2,550 workers across the globe. How can I contact Ares Management? Ares Management's mailing address is 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067. The official website for the company is www.aresmgmt.com. The asset manager can be reached via phone at (310) 201-4100, via email at cdrake@aresmgmt.com, or via fax at 310-201-4170. This page (NYSE:ARES) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ares Management Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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