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

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$23.79 +0.47 (+2.02 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$23.79
Today's Range$23.30 - $23.82
52-Week Range$16.18 - $25.80
Volume770,799 shs
Average Volume598,113 shs
Market Capitalization$2.41 billion
P/E Ratio16.75
Dividend Yield4.80%
Beta1.58
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

Price-To-Earnings

Sales & Book Value

Annual Sales$958.46 million
Cash Flow$5.5197 per share
Book Value$14.13 per share

Profitability

Net Income$57.02 million

Miscellaneous

Employees1,000
Market Cap$2.41 billion
Next Earnings Date5/2/2019 (Estimated)
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, February 15th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.32 per share on Friday, March 29th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date is Thursday, March 14th. This is a boost from Ares Management's previous quarterly dividend of $0.28. View Ares Management's Dividend History.

How were Ares Management's earnings last quarter?

Ares Management Corp (NYSE:ARES) issued its quarterly earnings data on Thursday, February, 14th. The asset manager reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.10. The asset manager had revenue of $247.40 million for the quarter, compared to analysts' expectations of $241.59 million. Ares Management had a return on equity of 27.79% and a net margin of 5.95%. The firm's quarterly revenue was down 34.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.48 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, May 2nd 2019. View Earnings Estimates for Ares Management.

What price target have analysts set for ARES?

9 brokerages have issued 12-month target prices for Ares Management's shares. Their predictions range from $22.00 to $33.00. On average, they expect Ares Management's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Ares Management.

What is the consensus analysts' recommendation for Ares Management?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 1 hold rating and 8 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?

News articles about ARES stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ares Management earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

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 Energy Transfer LP Unit (ET), Cisco Systems (CSCO), General Electric (GE), AT&T (T), Intel (INTC), QUALCOMM (QCOM), Alibaba Group (BABA), Ares Capital (ARCC), ANNALY CAP MGMT/SH (NLY) and Verizon Communications (VZ).

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 58)
  • Mr. Michael J. Arougheti, Director, Co-Founder, CEO & Pres of Ares (Age 47)
  • Mr. David B. Kaplan, Co-Founder of Ares Mgmt. LP, Director & Partner of Ares Mgmt. GP LLC and Pvt. Equity Group Co-Head (Age 52)
  • Mr. John Harold Kissick, Co-Founder, Partner & Director (Age 77)
  • Mr. Bennett Rosenthal, Co-Founder, Director, Partner & Co-Head of Private Equity Group (Age 56)

Who are Ares Management's major shareholders?

Ares Management's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (5.09%), Brown Advisory Inc. (1.66%), Millennium Management LLC (1.29%), 1832 Asset Management L.P. (0.90%), Delek Group Ltd. (0.53%) and Segall Bryant & Hamill LLC (0.50%). View Institutional Ownership Trends for Ares Management.

Which major investors are selling Ares Management stock?

ARES stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Jane Street Group LLC, Legal & General Group Plc, Gator Capital Management LLC, Comerica Bank, 1832 Asset Management L.P., Partners Group Holding AG and Greenwich Investment Management Inc.. View Insider Buying and Selling for Ares Management.

Which major investors are buying Ares Management stock?

ARES stock was acquired by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Southside Capital LLC, Bank of New York Mellon Corp, Seacliff Capital LLC, BlackRock Inc., Eagle Global Advisors LLC, Bay Colony Advisory Group Inc d b a Bay Colony Advisors and Delek Group Ltd.. View Insider Buying and Selling for Ares Management.

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 $23.79.

How big of a company is Ares Management?

Ares Management has a market capitalization of $2.41 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 1,000 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:  340 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  656
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 2/23/2019 by MarketBeat.com Staff

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