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

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$19.81 -0.10 (-0.50 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$19.91
Today's Range$19.60 - $20.69
52-Week Range$16.18 - $25.95
Volume615,373 shs
Average Volume617,052 shs
Market Capitalization$1.99 billion
P/E Ratio10.26
Dividend Yield5.94%
Beta1.52
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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Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone310-201-4100

Debt

Current Ratio0.14
Quick Ratio0.14

Price-To-Earnings

Sales & Book Value

Annual Sales$1.42 billion
Price / Sales1.42
Cash Flow$5.4573 per share
Price / Cash Flow3.63
Book Value$14.13 per share
Price / Book1.40

Profitability

Net Income$76.17 million
Net Margins7.93%
Return on Assets3.74%

Miscellaneous

Employees1,000
Market Cap$1.99 billion
OptionableOptionable

Ares Management (NYSE:ARES) Frequently Asked Questions

What is Ares Management's stock symbol?

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

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

Ares Management declared a quarterly dividend on Friday, November 2nd. Shareholders of record on Monday, December 17th will be given a dividend of $0.28 per share on Monday, December 31st. This represents a $1.12 annualized dividend and a yield of 5.65%. The ex-dividend date is Friday, December 14th. View Ares Management's Dividend History.

How were Ares Management's earnings last quarter?

Ares Management Corp (NYSE:ARES) posted its quarterly earnings results on Thursday, November, 1st. The asset manager reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.08. The asset manager had revenue of $240.78 million for the quarter, compared to analysts' expectations of $240.75 million. Ares Management had a net margin of 7.93% and a return on equity of 29.05%. The firm's revenue for the quarter was down 16.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. View Ares Management's Earnings History.

When is Ares Management's next earnings date?

Ares Management is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Ares Management.

What price target have analysts set for ARES?

10 brokerages have issued twelve-month price objectives for Ares Management's stock. Their forecasts range from $22.00 to $33.00. On average, they anticipate Ares Management's share price to reach $26.00 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View Analyst Price Targets for Ares Management.

What is the consensus analysts' recommendation for Ares Management?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Management.

Has Ares Management been receiving favorable news coverage?

Media coverage about ARES stock has been trending somewhat negative on Wednesday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ares Management earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

Are investors shorting Ares Management?

Ares Management saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,190,039 shares, an increase of 65.2% from the December 14th total of 1,931,470 shares. Based on an average daily trading volume, of 1,505,313 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.3% of the company's shares are short sold. View Ares Management's Current Options Chain.

Who are some of Ares Management's key competitors?

Who are Ares Management's key executives?

Ares Management'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, Director, Co-Founder, CEO & Pres of Ares (Age 46)
  • Mr. David B. Kaplan, Co-Founder of Ares Mgmt. LP, Director & Partner of Ares Mgmt. GP LLC and Pvt. Equity Group Co-Head (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)

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ares Management's stock price today?

One share of ARES stock can currently be purchased for approximately $19.81.

How big of a company is Ares Management?

Ares Management has a market capitalization of $1.99 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 employs 1,000 workers across the globe.

What is Ares Management's official website?

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

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]


MarketBeat Community Rating for Ares Management (NYSE ARES)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  330 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  636
MarketBeat's community ratings are surveys of what our community members think about Ares Management 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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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