NYSE:ARES

Ares Management Stock Forecast, Price & News

$58.40
+0.40 (+0.69 %)
(As of 06/16/2021 04:15 PM ET)
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Today's Range
$57.58
$58.56
50-Day Range
$51.04
$59.29
52-Week Range
$37.28
$59.52
Volume827,724 shs
Average Volume899,676 shs
Market Capitalization$15.30 billion
P/E Ratio41.71
Dividend Yield3.24%
Beta1.02
30 days | 90 days | 365 days | Advanced Chart
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About Ares Management

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.

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MarketRank

Overall MarketRank

1.88 out of 5 stars

Finance Sector

277th out of 1,977 stocks

Investment Advice Industry

23rd out of 70 stocks

Analyst Opinion: 1.3Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Ares Management (NYSE:ARES) Frequently Asked Questions

Is Ares Management a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ares Management stock.
View analyst ratings for Ares Management
or view top-rated stocks.

What stocks does MarketBeat like better than Ares Management?

Wall Street analysts have given Ares Management a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ares Management wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Ares Management?

Ares Management saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 1,190,000 shares, a drop of 40.8% from the May 13th total of 2,010,000 shares. Based on an average trading volume of 1,090,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.0% of the shares of the company are sold short.
View Ares Management's Short Interest
.

When is Ares Management's next earnings date?

Ares Management is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Ares Management
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) announced its earnings results on Thursday, April, 29th. The asset manager reported $0.46 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.05. The asset manager had revenue of $411.25 million for the quarter, compared to the consensus estimate of $436.80 million. Ares Management had a net margin of 10.03% and a trailing twelve-month return on equity of 15.46%.
View Ares Management's earnings history
.

How has Ares Management's stock price been impacted by Coronavirus?

Ares Management's stock was trading at $30.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ARES shares have increased by 92.9% and is now trading at $58.36.
View which stocks have been most impacted by COVID-19
.

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

Ares Management announced a quarterly dividend on Friday, April 30th. Investors of record on Wednesday, June 16th will be paid a dividend of $0.47 per share on Wednesday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Tuesday, June 15th.
View Ares Management's dividend history
.

Is Ares Management a good dividend stock?

Ares Management pays an annual dividend of $1.88 per share and currently has a dividend yield of 3.21%. Ares Management does not yet have a strong track record of dividend growth. The dividend payout ratio of Ares Management is 101.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ares Management will have a dividend payout ratio of 70.94% next year. This indicates that Ares Management will be able to sustain or increase its dividend.
View Ares Management's dividend history.

What price target have analysts set for ARES?

8 brokers have issued 12 month price objectives for Ares Management's shares. Their forecasts range from $43.00 to $71.00. On average, they expect Ares Management's stock price to reach $57.00 in the next year. This suggests that the stock has a possible downside of 2.3%.
View analysts' price targets for Ares Management
or view top-rated stocks among Wall Street analysts.

Who are Ares Management's key executives?

Ares Management's management team includes the following people:
  • Mr. Antony Peter Ressler, Co-founder & Exec. Chairman (Age 60, Pay $46.98M)
  • Mr. Michael J. Arougheti, Co-Founder, CEO, Pres & Director (Age 49, Pay $7.3M)
  • Mr. David B. Kaplan, Director, Co-Founder, Partner & Co-Chairman of Private Equity Group (Age 54, Pay $54.97M) (LinkedIn Profile)
  • Mr. Bennett Rosenthal, Co-Founder, Partner, Co-Chairman of Private Equity Group & Director (Age 58, Pay $54.97M) (LinkedIn Profile)
  • Mr. Michael Robert McFerran, Partner, COO & CFO (Age 49, Pay $2.62M) (LinkedIn Profile)
  • Mr. Jarrod Phillips, Partner of Fin., Accounting & Operations and Chief Accounting Officer (Age 43)
  • Mr. Sandesh Hegde, Partner, Pres of AOISSC & CTO
  • Mr. Carl G. Drake C.F.A., CFA, Partner and Head of Public Investor Relations & Communications
  • Ms. Naseem Sera Sagati Aghili J.D., Sec., Partner & Gen. Counsel of Legal Group (Age 39)
  • Ms. Miriam Goldsmith Krieger J.D., Partner & Global Chief Compliance Officer (Age 44)

What is Michael Arougheti's approval rating as Ares Management's CEO?

18 employees have rated Ares Management CEO Michael Arougheti on Glassdoor.com. Michael Arougheti has an approval rating of 100% among Ares Management's employees. This puts Michael Arougheti in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 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 a variety of institutional and retail investors. Top institutional shareholders include HMI Capital Management L.P. (2.19%), BlackRock Inc. (1.93%), William Blair Investment Management LLC (1.41%), Franklin Resources Inc. (1.08%), Bank of New York Mellon Corp (0.84%) and Alliancebernstein L.P. (0.85%). Company insiders that own Ares Management stock include Aghili Naseem Sagati, Antoinette Cook Bush, Antony P Ressler, Ares Management Llc, Bennett Rosenthal, David B Kaplan, 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 Brown Advisory Inc., Royce & Associates LP, Ameriprise Financial Inc., Goldman Sachs Group Inc., The Manufacturers Life Insurance Company, HMI Capital Management L.P., Nuveen Asset Management LLC, and Russell Investments Group Ltd.. Company insiders that have sold Ares Management company stock in the last year include Aghili Naseem Sagati, Antony P Ressler, Bennett Rosenthal, David B Kaplan, Michael J Arougheti, Michael R Mcferran, and R Kipp Deveer.
View insider buying and selling activity for Ares Management
or view top insider-selling stocks.

Which major investors are buying Ares Management stock?

ARES stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Franklin Resources Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Jennison Associates LLC, Envestnet Asset Management Inc., River Road Asset Management LLC, Alliancebernstein L.P., and Victory Capital Management Inc..
View insider buying and selling activity for Ares Management
or or view top insider-buying stocks.

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 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 $58.36.

How much money does Ares Management make?

Ares Management has a market capitalization of $15.29 billion and generates $1.76 billion in revenue each year. The asset manager earns $152.14 million in net income (profit) each year or $1.86 on an earnings per share basis.

How many employees does Ares Management have?

Ares Management employs 1,460 workers across the globe.

When was Ares Management founded?

Ares Management was founded in 1997.

What is Ares Management's official website?

The official website for Ares Management is www.aresmgmt.com.

Where are Ares Management's headquarters?

Ares Management is headquartered at 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067.

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]


This page was last updated on 6/16/2021 by MarketBeat.com Staff
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