NYSE:ARES - Ares Management Stock Price, Forecast & News

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

Ares Management announced a quarterly dividend on Thursday, October 31st. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.32 per share on Tuesday, December 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Monday, December 16th. This is a positive change from Ares Management's previous quarterly dividend of $0.09. View Ares Management's Dividend History.

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 analysts' consensus estimates of $0.37 by $0.03. The asset manager earned $466.49 million during the quarter, compared to the consensus estimate of $312.15 million. Ares Management had a return on equity of 18.98% and a net margin of 7.76%. The firm's revenue for the quarter was up 93.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share. View Ares Management's Earnings History.

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

Ares Management will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued 1-year price objectives for Ares Management's stock. Their forecasts range from $28.00 to $50.00. On average, they expect Ares Management's stock price to reach $35.67 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for Ares Management.

8 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Management.

Media headlines about ARES stock have trended somewhat negative on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ares Management earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Ares Management.

Ares Management saw a drop in short interest in the month of December. As of December 13th, there was short interest totalling 4,180,000 shares, a drop of 6.3% from the November 28th total of 4,460,000 shares. Based on an average daily volume of 554,100 shares, the short-interest ratio is presently 7.5 days. Currently, 5.0% of the shares of the stock are short sold. View Ares Management's Current Options Chain.

Some companies that are related to Ares Management include KKR & Co Inc (KKR), Franklin Resources (BEN), Apollo Global Management (APO), Invesco (IVZ), Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Lazard (LAZ), Affiliated Managers Group (AMG), The Carlyle Group (CG), Hamilton Lane (HLNE), Federated Investors (FII), Houlihan Lokey (HLI) and Legg Mason (LM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Management investors own include General Electric (GE), AT&T (T), Intel (INTC), JPMorgan Chase & Co. (JPM), Energy Transfer LP Unit (ET), DowDuPont (DWDP), Cisco Systems (CSCO), Bank of America (BAC), Wells Fargo & Co (WFC) and Alibaba Group (BABA).

Ares Management's stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.66%), PM CAPITAL Ltd (0.59%), DNB Asset Management AS (0.09%) and Assenagon Asset Management S.A. (0.02%). 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.

ARES stock was sold by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd and DNB Asset Management AS. 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.

ARES stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for 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.

One share of ARES stock can currently be purchased for approximately $37.28.

Ares Management has a market capitalization of $4.28 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.

The official website for Ares Management is http://www.aresmgmt.com/.

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]