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 Friday, February 14th. Investors of record on Tuesday, March 17th will be paid a dividend of $0.40 per share on Tuesday, March 31st. This represents a $1.60 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Monday, March 16th. This is a boost from Ares Management's previous quarterly dividend of $0.32. View Ares Management's Dividend History.

Ares Management Corp (NYSE:ARES) announced its quarterly earnings results on Thursday, February, 13th. The asset manager reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.17. The asset manager earned $484.45 million during the quarter, compared to analyst estimates of $424.84 million. Ares Management had a return on equity of 16.29% and a net margin of 8.43%. View Ares Management's Earnings History.

Ares Management is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Ares Management.

9 analysts have issued 12-month target prices for Ares Management's stock. Their forecasts range from $28.00 to $50.00. On average, they anticipate Ares Management's stock price to reach $38.63 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Ares Management.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ares Management.

News stories about ARES stock have been trending neutral on Wednesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. 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 coverage optimism score of 0.2 on InfoTrie's scale. They also gave media coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Ares Management.

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

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

Ares Management's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital World Investors (8.88%), Capital International Investors (5.74%), Royce & Associates LP (2.83%), William Blair Investment Management LLC (2.25%), Alliancebernstein L.P. (2.23%) and 1832 Asset Management L.P. (1.55%). 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 Royce & Associates LP, Goldman Sachs Group Inc., Alliancebernstein L.P., Renaissance Technologies LLC, PM CAPITAL Ltd, Vaughan Nelson Investment Management L.P., Loomis Sayles & Co. L P and Penserra Capital Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Peregrine Capital Management LLC, Bank of America Corp DE, Marshall Wace North America L.P., Franklin Resources Inc., First Trust Advisors LP, Bank of New York Mellon Corp and State Street Corp. 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 $37.24.

Ares Management has a market capitalization of $4.27 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 1,100 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]