NYSE:ARESAres Management Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ares Management Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $39.96 +0.46 (+1.16 %) (As of 06/5/2020 10:54 AM ET) Add Compare Share Today's Range$39.68Now: $39.96▼$40.7450-Day Range$29.94MA: $34.24▼$39.0052-Week Range$20.20Now: $39.96▼$41.88Volume724,305 shsAverage Volume1.02 million shsMarket Capitalization$5.29 billionP/E Ratio105.16Dividend Yield4.10%Beta1.28 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingAres Management has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.60, Ares Management has a potential upside of 4.2% from its current price of $39.93.Amount of Analyst CoverageAres Management has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Community Rank Outperform VotesAres Management has received 529 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAres Management has received 366 “underperform” votes. (Add your “underperform” vote.)Community SentimentAres Management has received 59.11% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipAres Management is a leading dividend payer. It pays a dividend yield of 4.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAres Management has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Ares Management is 95.81 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ares Management will have a dividend payout ratio of 76.92 % in the coming year. This indicates that Ares Management may not be able to sustain their current dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ares Management insiders have sold 146,219.11% more of their company's stock than they have bought. Specifically, they have bought $50,103.00 in company stock and sold $73,310,263.00 in company stock.Percentage Held by Insiders62.90% of the stock of Ares Management is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions71.04% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ares Management are expected to grow by 25.30% in the coming year, from $1.66 to $2.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ares Management is 105.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Ares Management is 105.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.17.Price to Earnings Growth RatioAres Management has a PEG Ratio of 4.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAres Management has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.07 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:ARES Previous Symbol CUSIPN/A CIK1176948 Webwww.aresmgmt.com Phone310-201-4100Debt Debt-to-Equity Ratio0.75 Current Ratio0.23 Quick Ratio0.23Price-To-Earnings Trailing P/E Ratio105.16 Forward P/E Ratio24.07 P/E Growth4.49 Sales & Book Value Annual Sales$1.77 billion Price / Sales3.00 Cash Flow$2.08 per share Price / Cash Flow19.24 Book Value$13.59 per share Price / Book2.94Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$148.88 million Net Margins5.60% Return on Equity15.52% Return on Assets1.98%Miscellaneous Employees1,200 Outstanding Shares132,400,000Market Cap$5.29 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable ARES Rates by TradingView Receive ARES News and Ratings via Email Sign-up to receive the latest news and ratings for ARES and its competitors with MarketBeat's FREE daily newsletter. Ares Management (NYSE:ARES) Frequently Asked Questions How has Ares Management's stock been impacted by COVID-19 (Coronavirus)? 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 stock has increased by 32.0% and is now trading at $39.93. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Ares Management? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ares Management. When is Ares Management's next earnings date? Ares Management is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Ares Management. How were Ares Management's earnings last quarter? Ares Management Corp (NYSE:ARES) issued its earnings results on Wednesday, May, 6th. The asset manager reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. The asset manager had revenue of $411.80 million for the quarter, compared to the consensus estimate of $369.82 million. Ares Management had a return on equity of 15.52% and a net margin of 5.60%. During the same quarter in the previous year, the firm earned $0.35 EPS. View Ares Management's earnings history. How often does Ares Management pay dividends? What is the dividend yield for Ares Management? Ares Management declared a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.40 per share on Tuesday, June 30th. This represents a $1.60 annualized dividend and a yield of 4.01%. The ex-dividend date is Monday, June 15th. View Ares Management's dividend history. What price target have analysts set for ARES? 11 brokers have issued twelve-month price targets for Ares Management's shares. Their forecasts range from $35.00 to $47.00. On average, they expect Ares Management's stock price to reach $41.60 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View analysts' price targets for Ares Management. Has Ares Management been receiving favorable news coverage? Media headlines about ARES stock have trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ares Management earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutAres Management. Are investors shorting Ares Management? Ares Management saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,200,000 shares, an increase of 31.3% from the April 15th total of 3,960,000 shares. Based on an average daily trading volume, of 942,600 shares, the days-to-cover ratio is presently 5.5 days. Currently, 5.2% of the company's shares are short sold. View Ares Management's Current Options Chain. Who are some of Ares Management's key competitors? Some companies that are related to Ares Management include Ameriprise Financial (AMP), LEG & GEN GRP P/S (LGGNY), KKR & Co Inc (KKR), Apollo Global Management (APO), Franklin Resources (BEN), The Carlyle Group (CG), Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Eaton Vance (EV), Legg Mason (LM), Janus Henderson Group (JHG), Invesco (IVZ), Houlihan Lokey (HLI), Hamilton Lane (HLNE) and Affiliated Managers Group (AMG). View all 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 General Electric (GE), AT&T (T), Intel (INTC), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Cisco Systems (CSCO), Alibaba Group (BABA), Verizon Communications (VZ) and Ford Motor (F). 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 58)Mr. Michael J. Arougheti, Co-Founder, CEO, Pres & Director (Age 47)Mr. David B. Kaplan, Co-Founder, Partner & Director (Age 52)Mr. John Harold Kissick, Co-Founder, Partner & Director (Age 77)Mr. Bennett Rosenthal, Co-Founder, Partner & Director (Age 56) 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 retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Financial Group Inc. (9.16%), Capital World Investors (7.72%), Wellington Management Group LLP (5.00%), BlackRock Inc. (4.00%), Invesco Ltd. (2.50%) and William Blair Investment Management LLC (2.02%). Company insiders that own Ares Management stock include 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 Alliancebernstein L.P., 1832 Asset Management L.P., Morgan Stanley, Morgan Stanley, PM CAPITAL Ltd, Waddell & Reed Financial Inc., Partners Group Holding AG, and Vaughan Nelson Investment Management L.P.. Company insiders that have sold Ares Management company stock in the last year include 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 insider buying and selling activity for Ares Management. Which institutional investors are buying Ares Management stock? ARES stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Financial Group Inc., Wellington Management Group LLP, Invesco Ltd., Franklin Resources Inc., Peregrine Capital Management LLC, Alyeska Investment Group L.P., State Street Corp, and William Blair Investment Management LLC. Company insiders that have bought Ares Management stock in the last two years include Antoinette Cook Bush, and Michael R Mcferran. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Ares Management's stock price today? One share of ARES stock can currently be purchased for approximately $39.93. How big of a company is Ares Management? Ares Management has a market capitalization of $5.29 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 1,200 workers across the globe. What is Ares Management's official website? The official website for Ares Management is 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] This page was last updated on 6/5/2020 by MarketBeat.com Staff
