Ares Management Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ares Management stock.
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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.
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Ares Management is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Ares Management.

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 analysts' consensus estimates of $0.51 by $0.05. Ares Management had a trailing twelve-month return on equity of 16.07% and a net margin of 7.22%.
View Ares Management's earnings history.

Ares Management's stock was trading at $30.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARES shares have increased by 71.5% and is now trading at $51.91.
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Ares Management declared a quarterly dividend on Friday, April 30th. Shareholders 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 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Tuesday, June 15th.
View Ares Management's dividend history.

Ares Management pays an annual dividend of $1.88 per share and currently has a dividend yield of 3.59%. Ares Management does not yet have a strock track record of dividend growth. The dividend payout ratio of Ares Management is 112.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ares Management will have a dividend payout ratio of 87.85% in the coming year. This indicates that Ares Management may not be able to sustain their current dividend.
View Ares Management's dividend history.

8 equities research analysts have issued 1-year price objectives for Ares Management's shares. Their forecasts range from $43.00 to $71.00. On average, they expect Ares Management's share price to reach $55.50 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
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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.

Some companies that are related to Ares Management include KKR & Co. Inc. (KKR), Ameriprise Financial (AMP), Legal & General Group (LGGNY), Franklin Resources (BEN), The Carlyle Group (CG), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Affiliated Managers Group (AMG), Janus Henderson Group (JHG), Evercore (EVR), Houlihan Lokey (HLI), Lazard (LAZ), Hamilton Lane (HLNE) and AllianceBernstein (AB).
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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).

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

Ares Management's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.93%), William Blair Investment Management LLC (1.41%), Franklin Resources Inc. (1.08%), Bank of New York Mellon Corp (0.84%), Alliancebernstein L.P. (0.85%) and Ameriprise Financial Inc. (0.66%). 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 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 Brown Advisory Inc., Royce & Associates LP, Ameriprise Financial Inc., Goldman Sachs Group Inc., The Manufacturers Life Insurance Company, Nuveen Asset Management LLC, Russell Investments Group Ltd., and New York State Common Retirement Fund. 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.

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

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.
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One share of ARES stock can currently be purchased for approximately $51.91.

Ares Management has a market capitalization of $13.60 billion and generates $1.77 billion in revenue each year. The asset manager earns $148.88 million in net income (profit) each year or $1.67 on an earnings per share basis.

Ares Management employs 1,450 workers across the globe.

Ares Management was founded in 1997.

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

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

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]