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Ares Management Stock Price, Forecast & Analysis (NYSE:ARES)

$31.59
-0.27 (-0.85 %)
(As of 11/13/2019 03:19 AM ET)
Today's Range
$31.49
Now: $31.59
$31.99
50-Day Range
$26.10
MA: $28.51
$32.55
52-Week Range
$16.18
Now: $31.59
$32.90
Volume359,826 shs
Average Volume738,360 shs
Market Capitalization$3.62 billion
P/E Ratio22.25
Dividend Yield4.02%
Beta1.47
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. Read More…

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone310-201-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$958.46 million
Cash Flow$3.67 per share
Book Value$10.80 per share

Profitability

Net Income$57.02 million

Miscellaneous

Employees1,100
Market Cap$3.62 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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Ares Management (NYSE:ARES) Frequently Asked Questions

What is Ares Management's stock symbol?

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

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

Ares Management declared a quarterly dividend on Wednesday, July 31st. Stockholders of record on Monday, September 16th will be given a dividend of $0.32 per share on Monday, September 30th. This represents a $1.28 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Friday, September 13th. View Ares Management's Dividend History.

How were Ares Management's earnings last quarter?

Ares Management Corp (NYSE:ARES) posted its quarterly earnings results on Thursday, October, 31st. The asset manager reported $0.34 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.03. The asset manager had revenue of $466.49 million for the quarter, compared to analysts' expectations of $312.15 million. Ares Management had a return on equity of 18.98% and a net margin of 7.76%. The business's revenue was up 93.7% on a year-over-year basis. During the same quarter last year, the company earned $0.30 EPS. View Ares Management's Earnings History.

When is Ares Management's next earnings date?

Ares Management is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Ares Management.

What price target have analysts set for ARES?

9 brokerages have issued 12-month target prices for Ares Management's stock. Their forecasts range from $20.00 to $37.00. On average, they anticipate Ares Management's share price to reach $30.67 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for Ares Management.

What is the consensus analysts' recommendation for Ares Management?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Management.

Has Ares Management been receiving favorable news coverage?

Press coverage about ARES stock has trended very negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ares Management earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Ares Management.

Are investors shorting Ares Management?

Ares Management saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,550,000 shares, a decrease of 6.6% from the September 30th total of 3,800,000 shares. Based on an average trading volume of 592,800 shares, the days-to-cover ratio is presently 6.0 days. Currently, 4.2% of the shares of the stock are short sold. View Ares Management's Current Options Chain.

Who are some of Ares Management's key 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 General Electric (GE), Intel (INTC), DowDuPont (DWDP), AT&T (T), JPMorgan Chase & Co. (JPM), Energy Transfer LP Unit (ET), Wells Fargo & Co (WFC), Cisco Systems (CSCO), Ares Capital (ARCC) and Bank of America (BAC).

Who are Ares Management's key executives?

Ares Management's management team includes the folowing people:
  • Mr. Antony Peter Ressler, Co-founder & Exec. Chairman (Age 58)
  • Mr. Michael J. Arougheti, Co-Founder, CEO, Pres & Director (Age 47)
  • Mr. David B. Kaplan, Co-Founder, Partner & Director (Age 52)
  • Mr. John Harold Kissick, Co-Founder, Partner & Director (Age 77)
  • Mr. Bennett Rosenthal, Co-Founder, Partner & Director (Age 56)

Who are Ares Management's major shareholders?

Ares Management's stock is owned by many different of institutional and retail investors. Top institutional investors include PM CAPITAL Ltd (0.82%), Vaughan Nelson Investment Management L.P. (0.56%), California Public Employees Retirement System (0.13%), DNB Asset Management AS (0.09%), Strs Ohio (0.09%) and Brinker Capital Inc. (0.08%). Company insiders that own Ares Management stock include Ares Management Llc, Michael D Weiner, Michael J Arougheti, Michael R Mcferran and R Kipp Deveer. View Institutional Ownership Trends for Ares Management.

Which major investors are selling Ares Management stock?

ARES stock was sold by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd, Vaughan Nelson Investment Management L.P., Yorktown Management & Research Co Inc, Tradition Asset Management LLC, Janney Montgomery Scott LLC and Guinness Asset Management Ltd. Company insiders that have sold Ares Management company stock in the last year include Ares Management Llc, Michael D Weiner, Michael J Arougheti and R Kipp Deveer. View Insider Buying and Selling 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 California Public Employees Retirement System, Strs Ohio, State of New Jersey Common Pension Fund D, Segantii Capital Management Ltd, Oppenheimer & Co. Inc., DNB Asset Management AS, LVW Advisors LLC and Brinker Capital Inc.. View Insider Buying and Selling for Ares Management.

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 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 $31.59.

How big of a company is Ares Management?

Ares Management has a market capitalization of $3.62 billion and generates $958.46 million in revenue each year. The asset manager earns $57.02 million in net income (profit) each year or $1.42 on an earnings per share basis. Ares Management employs 1,100 workers across the globe.View Additional Information About Ares Management.

What is Ares Management's official website?

The official website for Ares Management is http://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]


MarketBeat Community Rating for Ares Management (NYSE ARES)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  441 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  790
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.
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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