Ares Management LP Company Profile (NYSE:ARES)

About Ares Management LP (NYSE:ARES)

Ares Management LP logoAres Management, L.P. is an alternative asset manager. The Company offers its investors a range of investment strategies. It operates through three segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment manages credit strategies across the non-investment grade credit universe in the United States and Europe. It offers a range of credit strategies across the liquid and illiquid spectrum, including syndicated loans, high yield bonds, credit opportunities, structured credit investments and the United States and European direct lending. The Credit Group provides solutions for traditional fixed income investors. The Private Equity Group segment categorizes its investment strategies as corporate private equity, the United States power and energy infrastructure and special situations. The Real Estate Group segment manages public and private equity and debt strategies. The Real Estate Group manages both a value-add strategy and an opportunistic strategy.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Symbol: NYSE:ARES
  • CUSIP: N/A
  • Web: www.aresmgmt.com
Capitalization:
  • Market Cap: $3.95 billion
  • Outstanding Shares: 214,093,000
Average Prices:
  • 50 Day Moving Avg: $18.91
  • 200 Day Moving Avg: $18.70
  • 52 Week Range: $12.08 - $23.25
P/E:
  • Trailing P/E Ratio: 27.50
  • Foreward P/E Ratio: 9.76
  • P/E Growth: 0.64
Sales & Book Value:
  • Annual Revenue: $1.3 billion
  • Price / Sales: 3.04
  • Book Value: $2.84 per share
  • Price / Book: 6.50
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 2.8%
Profitability:
  • EBIDTA: $241 million
  • Net Margins: 7.79%
  • Return on Equity: 25.44%
  • Return on Assets: 5.39%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 0.40%
  • Quick Ratio: 0.40%
Misc:
  • Average Volume: 262,002 shs.
  • Beta: 1.18
  • Short Ratio: 0.38
 

Frequently Asked Questions for Ares Management LP (NYSE:ARES)

What is Ares Management LP's stock symbol?

Ares Management LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARES."

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

Ares Management LP declared a quarterly dividend on Monday, May 8th. Stockholders of record on Monday, May 22nd will be paid a dividend of $0.13 per share on Monday, June 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Thursday, May 18th. View Ares Management LP's Dividend History.

How were Ares Management LP's earnings last quarter?

Ares Management LP (NYSE:ARES) announced its earnings results on Monday, May, 8th. The company reported $0.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.09. The business had revenue of $172.05 million for the quarter, compared to analyst estimates of $182.50 million. Ares Management LP had a return on equity of 25.44% and a net margin of 7.79%. During the same quarter last year, the company posted $0.08 EPS. View Ares Management LP's Earnings History.

Where is Ares Management LP's stock going? Where will Ares Management LP's stock price be in 2017?

7 analysts have issued 1 year price targets for Ares Management LP's stock. Their forecasts range from $15.00 to $25.00. On average, they expect Ares Management LP's share price to reach $20.83 in the next twelve months. View Analyst Ratings for Ares Management LP.

What are analysts saying about Ares Management LP stock?

Here are some recent quotes from research analysts about Ares Management LP stock:

  • 1. According to Zacks Investment Research, "Ares Management, L.P. is a global alternative asset manager. It manages four investment groups that invest in the tradable credit, direct lending, and private equity and real estate markets. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts. 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; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. is headquartered in Los Angeles. " (3/3/2017)
  • 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Buy rating on ARES shares following a solid quarter that was helped by strong investment returns and performance fee income. We have increased our PT to $25 from $20, which equals 14x 2017E ENI and reflects FEAUM growth and margin expansion following the ACOF V activation and ARCC/ACAS merger. We have also increased our 2017 ENI estimate to $1.82 from $1.65, reflecting a higher accretion estimate for ACAS and expected incentive fee income from a highly profitable energy investment that should close in 2Q." (2/27/2017)

Who are some of Ares Management LP's key competitors?

Who owns Ares Management LP stock?

Ares Management LP's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (1.70%), OppenheimerFunds Inc. (0.61%), American Century Companies Inc. (0.55%), FMR LLC (0.53%), EJF Capital LLC (0.36%) and Wells Fargo & Company MN (0.26%). Company insiders that own Ares Management LP stock include Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti and Michael R Mcferran. View Institutional Ownership Trends for Ares Management LP.

Who sold Ares Management LP stock? Who is selling Ares Management LP stock?

Ares Management LP's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc. and FMR LLC. View Insider Buying and Selling for Ares Management LP.

Who bought Ares Management LP stock? Who is buying Ares Management LP stock?

Ares Management LP's stock was purchased by a variety of institutional investors in the last quarter, including EJF Capital LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., OppenheimerFunds Inc., Segall Bryant & Hamill LLC, Morgan Stanley, Neuberger Berman Group LLC and SG Americas Securities LLC. Company insiders that have bought Ares Management LP stock in the last two years include Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti and Michael R Mcferran. View Insider Buying and Selling for Ares Management LP.

How do I buy Ares Management LP stock?

Shares of Ares Management LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ares Management LP stock cost?

One share of Ares Management LP stock can currently be purchased for approximately $18.45.

Analyst Ratings

Consensus Ratings for Ares Management LP (NYSE:ARES) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $20.83 (12.92% upside)

Analysts' Ratings History for Ares Management LP (NYSE:ARES)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017Credit Suisse Group AGUpgradeNeutral -> OutperformHighView Rating Details
4/6/2017Keefe, Bruyette & WoodsReiterated RatingOutperformMediumView Rating Details
3/10/2017Goldman Sachs Group IncInitiated CoverageNeutral -> Neutral$21.00LowView Rating Details
2/27/2017SunTrust Banks, Inc.Boost Price TargetBuy$20.00 -> $25.00N/AView Rating Details
1/8/2017Wells Fargo & CoReiterated RatingOutperformN/AView Rating Details
12/16/2016Bank of America CorpUpgradeNeutral -> Buy$19.00N/AView Rating Details
8/11/2016Morgan StanleySet Price TargetHold$15.00N/AView Rating Details
11/11/2015Royal Bank of CanadaLower Price TargetOutperform$22.00 -> $20.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Ares Management LP (NYSE:ARES)
Earnings by Quarter for Ares Management LP (NYSE:ARES)
Earnings History by Quarter for Ares Management LP (NYSE:ARES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017$0.39$0.30$182.50 million$172.05 millionViewListenView Earnings Details
2/24/2017Q416$0.35$0.44$169.45 million$358.20 millionViewN/AView Earnings Details
11/7/2016Q316$0.38$0.46$166.00 million$335.46 millionViewListenView Earnings Details
8/9/2016Q216$0.29$0.44$164.13 million$369.00 millionViewN/AView Earnings Details
5/10/2016Q116$0.23$0.08$171.00 million$158.43 millionViewListenView Earnings Details
2/29/2016Q415$0.29$0.20$185.00 million$159.52 millionViewListenView Earnings Details
11/10/2015Q315$0.17$0.14$166.75 million$162.20 millionViewListenView Earnings Details
8/11/2015Q215$0.39$0.32$167.63 million$175.80 millionViewListenView Earnings Details
5/12/2015Q1$0.39$0.35$258.35 million$272.80 millionViewListenView Earnings Details
3/5/2015Q414$0.36$0.27$154.40 million$230.00 millionViewN/AView Earnings Details
11/12/2014Q314$0.36$0.32$152.15 million$127.46 millionViewN/AView Earnings Details
8/13/2014Q214$0.37$0.33$148.50 million$131.62 millionViewN/AView Earnings Details
6/10/2014Q114$0.33$0.30$162.50 million$139.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ares Management LP (NYSE:ARES)
Current Year EPS Consensus Estimate: $1.81 EPS
Next Year EPS Consensus Estimate: $1.89 EPS

Dividends

Current Dividend Information for Ares Management LP (NYSE:ARES)
Next Dividend:6/5/2017
Annual Dividend:$0.80
Dividend Yield:4.34%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:94.12% (Trailing 12 Months of Earnings)
44.20% (Based on This Year's Estimates)
42.33% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ares Management LP (NYSE:ARES)

Dividend History by Quarter for Ares Management LP (NYSE:ARES)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017quarterly$0.135.97%5/18/20175/22/20176/5/2017
2/24/2017quarterly$0.284.82%3/8/20173/10/20173/24/2017
11/7/2016quarterly$0.205.21%11/17/201611/21/201612/5/2016
8/10/2016quarterly$0.286.57%8/19/20168/23/20169/6/2016
5/11/2016quarterly$0.154.29%5/20/20165/24/20166/7/2016
3/1/2016quarterly$0.206.61%3/10/20163/14/20163/28/2016
11/11/2015quarterly$0.133.22%11/20/201511/24/201512/8/2015
8/12/2015quarterly$0.265.47%8/21/20158/25/20159/8/2015
5/13/2015quarterly$0.255.19%5/20/20155/22/20156/2/2015
3/5/2015quarterly$0.244.88%3/12/20153/16/20153/24/2015
11/12/2014quarterly$0.245.79%11/20/201411/24/201412/4/2014
8/14/2014special$0.188/21/20148/25/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ares Management LP (NYSE:ARES)
Institutional Ownership Percentage: 10.38%
Insider Trades by Quarter for Ares Management LP (NYSE:ARES)
Institutional Ownership by Quarter for Ares Management LP (NYSE:ARES)
Insider Trades by Quarter for Ares Management LP (NYSE:ARES)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2015Michael R McferranCFOBuy10,000$12.76$127,600.00View SEC Filing  
12/14/2015Michael D WeinerEVPBuy2,000$12.75$25,500.00View SEC Filing  
12/11/2015Michael D WeinerEVPBuy3,000$13.59$40,770.00View SEC Filing  
12/2/2015David B KaplanInsiderBuy8,025$14.41$115,640.25View SEC Filing  
12/1/2015David B KaplanInsiderBuy13,322$14.14$188,373.08View SEC Filing  
11/25/2015Michael J. AroughetiinsiderBuy5,993$14.11$84,561.23View SEC Filing  
11/24/2015Michael J. AroughetiinsiderBuy5,993$13.99$83,842.07View SEC Filing  
11/23/2015Michael J. AroughetiinsiderBuy100$13.99$1,399.00View SEC Filing  
11/20/2015Bennett RosenthalInsiderBuy91,666$13.82$1,266,824.12View SEC Filing  
11/19/2015Michael D. WeinerEVPBuy5,000$13.81$69,050.00View SEC Filing  
12/5/2014Judy D OlianDirectorBuy1,800$16.69$30,042.00View SEC Filing  
6/11/2014Paul G JoubertDirectorBuy10,000$18.96$189,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ares Management LP (NYSE:ARES)
Latest Headlines for Ares Management LP (NYSE:ARES)
Source:
DateHeadline
finance.yahoo.com logoFloor & Decor Outlets of America, Inc. -- Moody's changes Floor & Decor outlook to Positive; B2 CFR affirmed
finance.yahoo.com - May 26 at 3:51 PM
finance.yahoo.com logoAres Management LP : ARES-US: Dividend Analysis : May 30th, 2017 (record date) : By the numbers : May 26, 2017
finance.yahoo.com - May 26 at 3:51 PM
americanbankingnews.com logoAres Management LP (ARES) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 26 at 9:53 AM
finance.yahoo.com logoAres Management, L.P. to Present at the 2017 Keefe, Bruyette & Woods Mortgage Finance & Asset Management Conference
finance.yahoo.com - May 25 at 4:17 PM
finance.yahoo.com logoFloor & Decor Outlets of America, Inc. -- Floor & Decor outlook changed to Positive; B2 CFR affirmed
finance.yahoo.com - May 25 at 4:17 PM
finance.yahoo.com logoAres Management LP : ARES-US: Dividend Analysis : March 10th, 2017 (record date) : By the numbers : May 23, 2017
finance.yahoo.com - May 23 at 3:44 PM
finance.yahoo.com logoValet Waste Announces National Rebrand and is now Valet Living
finance.yahoo.com - May 23 at 8:29 AM
finance.yahoo.com logoAres Management, L.P. Changes Record Date for First Quarter Common Distribution
finance.yahoo.com - May 19 at 9:29 AM
finance.yahoo.com logoAres Management to Acquire DevaCurl from Tengram Capital Partners
finance.yahoo.com - May 18 at 12:10 PM
finance.yahoo.com logoAres, Blackstone Said Among Bidders for Fidelity & Guaranty Life
finance.yahoo.com - May 16 at 3:42 PM
nasdaq.com logoEx-Dividend Reminder: Ares Management, Regency Centers and Fidelity & Guaranty Life
www.nasdaq.com - May 16 at 12:38 PM
finance.yahoo.com logoAres Management LP breached its 50 day moving average in a Bullish Manner : ARES-US : May 16, 2017
finance.yahoo.com - May 16 at 12:38 PM
americanbankingnews.com logoAres Management LP (ARES) Stock Rating Upgraded by Credit Suisse Group AG
www.americanbankingnews.com - May 14 at 8:44 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Ares Management LP (ARES) Will Announce Quarterly Sales of $193 Million
www.americanbankingnews.com - May 11 at 10:18 AM
americanbankingnews.com logoAres Management LP (ARES) Expected to Announce Earnings of $0.44 Per Share
www.americanbankingnews.com - May 9 at 6:18 PM
finance.yahoo.com logoIs Ares Management (ARES) a Great Stock for Value Investors?
finance.yahoo.com - May 9 at 3:35 PM
americanbankingnews.com logoAres Management LP (ARES) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS
www.americanbankingnews.com - May 9 at 9:56 AM
finance.yahoo.com logoEdited Transcript of ARES earnings conference call or presentation 8-May-17 4:00pm GMT
finance.yahoo.com - May 9 at 9:11 AM
finance.yahoo.com logoAres Management Fund Acquires Logistics Warehouse in Harlow, England
finance.yahoo.com - May 9 at 9:11 AM
seekingalpha.com logoAres Management's (ARES) Management on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 8:35 PM
finance.yahoo.com logoExclusive: Hudson's Bay taps debt adviser amid Neiman Marcus bid challenges - sources
finance.yahoo.com - May 8 at 8:35 PM
americanbankingnews.com logoAres Management LP to Issue Quarterly Dividend of $0.13 (ARES)
www.americanbankingnews.com - May 8 at 5:45 PM
bizjournals.com logoIPO or PE? Chuck E. Cheese owner looking for up to $2B exit (Video)
www.bizjournals.com - May 8 at 3:33 PM
reuters.com logoBRIEF-ARES Management LP says qtrly GAAP loss per common unit of $0.58
www.reuters.com - May 8 at 3:33 PM
finance.yahoo.com logoAres Management, L.P. Reports First Quarter 2017 Results
finance.yahoo.com - May 8 at 10:51 AM
marketbeat.com logoAres Management reports 1Q loss
marketbeat.com - May 8 at 9:58 AM
americanbankingnews.com logoAres Management LP (ARES) to Release Earnings on Monday
www.americanbankingnews.com - May 5 at 11:12 PM
americanbankingnews.com logoAres Management LP (ARES) Set to Announce Earnings on Monday
www.americanbankingnews.com - May 5 at 10:46 PM
americanbankingnews.com logoAres Management LP (ARES) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - May 5 at 10:23 PM
finance.yahoo.com logoCPG International LLC -- Moody's assigns a B2 rating to CPG's extended term loan, affirms B3 CFR
finance.yahoo.com - May 4 at 8:48 PM
finance.yahoo.com logoShould You Buy Ares Management (ARES) Ahead of Earnings?
finance.yahoo.com - May 4 at 3:43 PM
finance.yahoo.com logoIG Investments Holdings, LLC -- Moody's says that Insight Global's repricing transaction is credit positive, but does not impact the ratings
finance.yahoo.com - May 3 at 10:13 AM
americanbankingnews.com logoAres Management (ARES) Earns Coverage Optimism Rating of 0.31
www.americanbankingnews.com - May 2 at 9:30 AM
americanbankingnews.com logoAres Management LP (ARES) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 12:22 PM
americanbankingnews.com logoAres Management LP (ARES) Upgraded by TheStreet to B-
www.americanbankingnews.com - April 29 at 11:32 AM
finance.yahoo.com logo[$$] Boart Longyear Seeks U.S. Bankruptcy Protection
finance.yahoo.com - April 28 at 9:34 PM
finance.yahoo.com logo[$$] Centerbridge Buys Industrial Container Services From Aurora
finance.yahoo.com - April 28 at 4:33 PM
americanbankingnews.com logoAres Management (ARES) Given News Sentiment Rating of 0.15
www.americanbankingnews.com - April 27 at 4:38 PM
finance.yahoo.com logo[$$] Private Equity-Backed Floor & Decor Stock Rises in Public Debut
finance.yahoo.com - April 27 at 3:59 PM
bloomberg.com logoAre We Wrong About Brick-and-Mortar Retail?
www.bloomberg.com - April 25 at 10:25 AM
americanbankingnews.com logoSomewhat Critical Media Coverage Extremely Likely to Affect Ares Management (ARES) Stock Price
www.americanbankingnews.com - April 22 at 8:05 AM
bizjournals.com logoHouston private equity firm invests $300 million in Permian development
www.bizjournals.com - April 19 at 8:39 PM
americanbankingnews.com logoAres Management (ARES) Earning Somewhat Critical Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 19 at 8:01 AM
americanbankingnews.com logo$0.39 Earnings Per Share Expected for Ares Management LP (ARES) This Quarter
www.americanbankingnews.com - April 18 at 10:21 PM
businesswire.com logoAres Dynamic Credit Allocation Fund Declares Monthly Distributions ... - Business Wire (press release)
www.businesswire.com - April 11 at 3:37 PM
finance.yahoo.com logoAres Management, L.P. Schedules Earnings Release and ... - Yahoo Finance
finance.yahoo.com - April 10 at 8:36 PM
finance.yahoo.com logoAres Management, L.P. Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2017
finance.yahoo.com - April 10 at 8:49 AM
finance.yahoo.com logoValet Waste Named a 2017 Top Workplace by the Tampa Bay Times
finance.yahoo.com - April 10 at 8:49 AM
americanbankingnews.com logoAres Management's (ARES) Outperform Rating Reaffirmed at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 6 at 3:22 PM
americanbankingnews.com logoAres Management LP (ARES) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 4 at 12:40 PM

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Ares Management LP (ARES) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff