Ares Management, L.P. 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. Ares Management, L.P. 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.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ARES
CUSIPN/A
Phone310-201-4100
Debt
Debt-to-Equity Ratio0.58
Current Ratio0.16
Quick Ratio0.16
Price-To-Earnings
Trailing P/E Ratio10.54
Forward P/E Ratio12.67
P/E Growth1.67
Sales & Book Value
Annual Sales$1.42 billion
Price / Sales1.42
Cash Flow$5.4058 per share
Price / Cash3.82
Book Value$14.13 per share
Price / Book1.46
Profitability
EPS (Most Recent Fiscal Year)$1.93
Net Income$76.17 million
Net Margins10.99%
Return on Equity38.94%
Return on Assets5.53%
Miscellaneous
Employees1,000
Outstanding Shares97,520,000
Ares Management LP Unit (NYSE:ARES) Frequently Asked Questions
What is Ares Management LP Unit's stock symbol?
Ares Management LP Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARES."
How often does Ares Management LP Unit pay dividends? What is the dividend yield for Ares Management LP Unit?
Ares Management LP Unit declared a quarterly dividend on Friday, May 4th. Shareholders of record on Friday, June 15th will be given a dividend of $0.28 per share on Friday, June 29th. This represents a $1.12 annualized dividend and a yield of 5.46%. The ex-dividend date is Thursday, June 14th. This is an increase from Ares Management LP Unit's previous quarterly dividend of $0.09. View Ares Management LP Unit's Dividend History.
How were Ares Management LP Unit's earnings last quarter?
Ares Management LP Unit (NYSE:ARES) announced its quarterly earnings data on Thursday, May, 3rd. The asset manager reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.01. The asset manager had revenue of $317 million for the quarter, compared to analysts' expectations of $267.10 million. Ares Management LP Unit had a return on equity of 38.94% and a net margin of 10.99%. The firm's revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.32 EPS. View Ares Management LP Unit's Earnings History.
When is Ares Management LP Unit's next earnings date?
What price target have analysts set for ARES?
8 analysts have issued 12 month target prices for Ares Management LP Unit's stock. Their predictions range from $24.00 to $33.00. On average, they anticipate Ares Management LP Unit's stock price to reach $27.40 in the next twelve months. View Analyst Ratings for Ares Management LP Unit.
Who are some of Ares Management LP Unit's key competitors?
Some companies that are related to Ares Management LP Unit include Lazard (LAZ), Oaktree Capital Group (OAK), Eaton Vance (EV), Janus Henderson Group (JHG), Apollo Global Management LLC Class A (APO), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY), Moelis & Co (MC), Houlihan Lokey (HLI), Noah (NOAH), Legg Mason (LM), AllianceBernstein (AB), Financial Engines (FNGN) and Artisan Partners Asset Management (APAM).
Who are Ares Management LP Unit's key executives?
Ares Management LP Unit's management team includes the folowing people:
- Mr. Antony Peter Ressler, Co-founder & Exec. Chairman of Ares Management GP LLC (Age 57)
- Mr. Michael J. Arougheti, Co-Founder, Pres, CEO & Director of Ares Management GP LLC (Age 46)
- Mr. David B. Kaplan, Co-Founder, Partner & Director of Ares Management GP LLC (Age 51)
- Mr. John Harold Kissick, Co-Founder, Partner & Director (Age 76)
- Mr. Bennett Rosenthal, Co-Founder, Director, Partner & Co-Head of Private Equity Group (Age 55)
Has Ares Management LP Unit been receiving favorable news coverage?
Media headlines about ARES stock have trended somewhat positive on Thursday, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ares Management LP Unit earned a media sentiment score of 0.06 on Accern's scale. They also gave news stories about the asset manager an impact score of 45.88 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Ares Management LP Unit's major shareholders?
Ares Management LP Unit's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Alleghany Corp DE (11.78%), American Century Companies Inc. (1.76%), Millennium Management LLC (1.21%), PM CAPITAL Ltd (1.42%), OppenheimerFunds Inc. (1.18%) and Mendon Capital Advisors Corp (1.15%). View Institutional Ownership Trends for Ares Management LP Unit.
Which major investors are selling Ares Management LP Unit stock?
Which major investors are buying Ares Management LP Unit stock?
ARES stock was acquired by a variety of institutional investors in the last quarter, including Alleghany Corp DE, Millennium Management LLC, Mendon Capital Advisors Corp, Federated Investors Inc. PA, RMB Capital Management LLC, Jacobs Asset Management LLC, PM CAPITAL Ltd and Maltese Capital Management LLC. View Insider Buying and Selling for Ares Management LP Unit.
How do I buy shares of Ares Management LP Unit?
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, Scottrade, Fidelity and Charles Schwab.
What is Ares Management LP Unit's stock price today?
One share of ARES stock can currently be purchased for approximately $20.50.
How big of a company is Ares Management LP Unit?
Ares Management LP Unit has a market capitalization of $2.01 billion and generates $1.42 billion in revenue each year. The asset manager earns $76.17 million in net income (profit) each year or $1.93 on an earnings per share basis. Ares Management LP Unit employs 1,000 workers across the globe.
How can I contact Ares Management LP Unit?
Ares Management LP Unit'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 LP Unit (ARES)
MarketBeat's community ratings are surveys of what our community members think about Ares Management LP Unit 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.
