NYSE:ARES

Ares Management Stock Forecast, Price & News

$54.86
-0.21 (-0.38 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$54.50
Now: $54.86
$55.68
50-Day Range
$50.42
MA: $54.75
$59.13
52-Week Range
$30.99
Now: $54.86
$59.17
Volume967,567 shs
Average Volume806,389 shs
Market Capitalization$14.18 billion
P/E Ratio101.59
Dividend Yield3.41%
Beta1.18
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.
Ares Management logo

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone310-201-4100
Employees1,450
Year Founded1997

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.77 billion
Cash Flow$2.46 per share
Book Value$13.59 per share

Profitability

Net Income$148.88 million

Miscellaneous

Market Cap$14.18 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

Ares Management (NYSE:ARES) Shares Gap Down to $59.13
April 6, 2021 |  americanbankingnews.com
Ares Management (NYSE:ARES) Sets New 52-Week High at $56.45
March 31, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.71 out of 5 stars

Finance Sector

429th out of 1,947 stocks

Investment Advice Industry

25th out of 65 stocks

Analyst Opinion: 1.3Community Rank: 2.9Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$54.86
-0.21 (-0.38 %)
(As of 04/22/2021 12:00 AM ET)
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Ares Management (NYSE:ARES) Frequently Asked Questions

Is Ares Management a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last twelve months. There are currently 4 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ares Management wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ares Management's next earnings date?

Ares Management is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Ares Management
.

How can I listen to Ares Management's earnings call?

Ares Management will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) released its quarterly earnings data on Wednesday, February, 10th. The asset manager reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.09. The asset manager earned $406.47 million during the quarter, compared to analysts' expectations of $441.70 million. 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
.

How has Ares Management's stock price been impacted by COVID-19 (Coronavirus)?

Ares Management's stock was trading at $30.26 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ARES shares have increased by 81.3% and is now trading at $54.86.
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 Thursday, February 11th. Investors of record on Wednesday, March 17th will be paid a dividend of $0.47 per share on Wednesday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Tuesday, March 16th. This is a positive change from Ares Management's previous quarterly dividend of $0.40.
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 3.41%. 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.

What price target have analysts set for ARES?

9 brokerages have issued 12-month price objectives for Ares Management's stock. Their forecasts range from $43.00 to $71.00. On average, they anticipate Ares Management's stock price to reach $54.00 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
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 $31.46M)
  • Mr. Michael J. Arougheti, Co-Founder, CEO, Pres & Director (Age 49, Pay $12.67M)
  • Mr. David B. Kaplan, Director, Co-Founder, Partner & Co-Chairman of Private Equity Group (Age 54, Pay $30.93M) (LinkedIn Profile)
  • Mr. Bennett Rosenthal, Co-Founder, Partner, Co-Chairman of Private Equity Group & Director (Age 58, Pay $30.93M) (LinkedIn Profile)
  • Mr. Michael Robert McFerran, Partner, COO & CFO (Age 49, Pay $2.43M) (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 DnB Asset Management AS (0.03%), Jackson Wealth Management LLC (0.02%), Chesley Taft & Associates LLC (0.01%), Leavell Investment Management Inc. (0.01%), Kwmg LLC (0.00%) and Personal CFO Solutions LLC (0.00%). 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
.

Which institutional investors are selling Ares Management stock?

ARES stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS. 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 institutional investors are buying Ares Management stock?

ARES stock was acquired by a variety of institutional investors in the last quarter, including Kwmg LLC, Personal CFO Solutions LLC, Leavell Investment Management Inc., Canton Hathaway LLC, Chesley Taft & Associates LLC, and Jackson Wealth Management LLC.
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 $54.86.

How much money does Ares Management make?

Ares Management has a market capitalization of $14.18 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.

How many employees does Ares Management have?

Ares Management employs 1,450 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 4/23/2021 by MarketBeat.com Staff
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