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NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

$144.00
-0.75 (-0.52%)
(As of 03:09 PM ET)
Today's Range
$143.70
$145.99
50-Day Range
$129.33
$149.80
52-Week Range
$81.88
$150.12
Volume
684,828 shs
Average Volume
1.07 million shs
Market Capitalization
$44.58 billion
P/E Ratio
64.57
Dividend Yield
2.58%
Price Target
$130.15

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
10.7% Downside
$130.15 Price Target
Short Interest
Healthy
1.03% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.60mentions of Ares Management in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$200.24 M Sold Last Quarter
Proj. Earnings Growth
35.14%
From $4.24 to $5.73 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.

4.27 out of 5 stars

Finance Sector

122nd out of 841 stocks

Investment Advice Industry

9th out of 45 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

Ares Aims for $750 Billion Assets Under Management
Ares Capital (ARCC) Receives a Buy from KBW
Ares Aims to Surpass $750 Billion in Assets by 2028
Analyst Scoreboard: 8 Ratings For Ares Management
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Last Earnings
5/02/2024
Today
5/23/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/06/2024
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
$130.15
High Stock Price Target
$171.00
Low Stock Price Target
$96.00
Potential Upside/Downside
-10.6%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
37.52%

Debt

Sales & Book Value

Annual Sales
$4.95 billion
Cash Flow
$3.12 per share
Book Value
$14.46 per share

Miscellaneous

Free Float
305,886,000
Market Cap
$45.08 billion
Optionable
Optionable
Beta
1.17

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Key Executives


ARES Stock Analysis - Frequently Asked Questions

Should I buy or sell Ares Management stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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?

13 brokerages have issued 1 year price targets for Ares Management's stock. Their ARES share price targets range from $96.00 to $171.00. On average, they expect the company's share price to reach $130.15 in the next twelve months. This suggests that the stock has a possible downside of 10.7%.
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 at the beginning of the year. Since then, ARES stock has increased by 22.5% and is now trading at $145.69.
View the best growth stocks for 2024 here
.

Are investors shorting Ares Management?

Ares Management saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,110,000 shares, an increase of 12.3% from the March 31st total of 2,770,000 shares. Based on an average daily volume of 1,080,000 shares, the days-to-cover ratio is presently 2.9 days.
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 Tuesday, August 6th 2024.
View our ARES earnings forecast
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) issued its quarterly earnings results on Thursday, May, 2nd. The asset manager reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.13. The asset manager earned $707.36 million during the quarter, compared to the consensus estimate of $814.88 million. Ares Management had a net margin of 12.86% and a trailing twelve-month return on equity of 21.22%. During the same period last year, the company posted $0.71 earnings per share.

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

Ares Management announced a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, June 14th will be given a dividend of $0.93 per share on Friday, June 28th. This represents a $3.72 annualized dividend and a yield of 2.55%. The ex-dividend date is Friday, June 14th.
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 2.57%. 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 166.82%. 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 64.92% 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.36%), Price T Rowe Associates Inc. MD (1.28%), LRI Investments LLC (0.61%), Canada Pension Plan Investment Board (0.57%), Curated Wealth Partners LLC (0.00%) and Bank of New York Mellon Corp (0.53%). 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 5/23/2024 by MarketBeat.com Staff

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