S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
66,000% upside on tiny biotech? (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
66,000% upside on tiny biotech? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
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66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
66,000% upside on tiny biotech? (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
66,000% upside on tiny biotech? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
66,000% upside on tiny biotech? (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
66,000% upside on tiny biotech? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
66,000% upside on tiny biotech? (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
66,000% upside on tiny biotech? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
66,000% upside on tiny biotech? (Ad)
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

$131.90
-2.05 (-1.53%)
(As of 02/23/2024 ET)
Today's Range
$130.68
$134.48
50-Day Range
$114.12
$137.06
52-Week Range
$71.36
$139.48
Volume
1.37 million shs
Average Volume
1.02 million shs
Market Capitalization
$40.52 billion
P/E Ratio
55.19
Dividend Yield
2.34%
Price Target
$123.45

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
6.4% Downside
$123.45 Price Target
Short Interest
Healthy
1.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.62mentions of Ares Management in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$22.21 M Sold Last Quarter
Proj. Earnings Growth
30.87%
From $4.60 to $6.02 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.

4.83 out of 5 stars

Finance Sector

52nd out of 856 stocks

Investment Advice Industry

3rd out of 46 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

US banks adopt radical new technology (growing 24,290%)
A century and a half ago, Western Union launched the first electronic wire transfers&... and became one of the first stock market giants in American history. Now, major US banks are adopting a similarly new and powerful technology.
Q4 2023 Ares Commercial Real Estate Corp Earnings Call
Ares Strategic Mining Inc
Ares Management: The Train Has Left The Station
Is this AI's biggest breakthrough to date?
In the past year, AI has amazed us all with its achievements. It can predict weather, recommend winning stocks, create original art, write computer code, detect skin cancer – and, shockingly, it can do all these things better than most humans. But when you see its latest leap (revealed in on-location footage), you may want to pinch yourself! 
ARES Mar 2024 80.000 call
ARES Mar 2024 50.000 put
ARES Mar 2024 125.000 call
ARES Mar 2024 140.000 call
ARES Jun 2024 90.000 call
RBC Capital Reaffirms Their Buy Rating on Ares Management (ARES)
Q4 2023 Ares Management Corp Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
2/08/2024
Today
2/24/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Employees
2,550
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$123.45
High Stock Price Target
$157.00
Low Stock Price Target
$96.00
Potential Upside/Downside
-6.4%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
33.93%

Debt

Sales & Book Value

Annual Sales
$3.63 billion
Cash Flow
$3.16 per share
Book Value
$12.89 per share

Miscellaneous

Free Float
161,777,000
Market Cap
$40.52 billion
Optionable
Optionable
Beta
1.18

Social Links

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Key Executives

Should I Buy Ares Management Stock? ARES Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ares Management was last updated on Monday, February 19, 2024 at 8:11 PM.














ARES Stock Analysis - Frequently Asked Questions

Should I buy or sell Ares Management stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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?

11 equities research analysts have issued 1-year target prices for Ares Management's stock. Their ARES share price targets range from $96.00 to $157.00. On average, they predict the company's share price to reach $123.45 in the next twelve months. This suggests that the stock has a possible downside of 6.4%.
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 start of the year. Since then, ARES stock has increased by 10.9% and is now trading at $131.90.
View the best growth stocks for 2024 here
.

Are investors shorting Ares Management?

Ares Management saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,240,000 shares, a decrease of 6.4% from the December 31st total of 3,460,000 shares. Based on an average daily volume of 912,100 shares, the short-interest ratio is presently 3.6 days. Approximately 2.1% of the company's stock are sold short.
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 Friday, April 26th 2024.
View our ARES earnings forecast
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) released its quarterly earnings results on Thursday, February, 8th. The asset manager reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.11. The asset manager had revenue of $1.05 billion for the quarter, compared to analyst estimates of $862.71 million. Ares Management had a net margin of 13.06% and a trailing twelve-month return on equity of 21.58%. During the same period in the prior year, the business posted $1.21 earnings per share.

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

Ares Management declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Friday, March 15th will be given a dividend of $0.93 per share on Friday, March 29th. This represents a $3.72 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.77.
Read our dividend analysis for ARES
.

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 2.30%. 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 128.87%. 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 51.16% 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.34%), Price T Rowe Associates Inc. MD (1.34%), Franklin Resources Inc. (1.26%), Boston Partners (0.95%), CIBC Private Wealth Group LLC (0.62%) and HMI Capital Management L.P. (0.59%). 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 2/25/2024 by MarketBeat.com Staff