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NYSE:ARES

Ares Management (ARES) Stock Forecast, Price & News

$89.29
+1.29 (+1.47%)
(As of 06/2/2023 ET)
Compare
Today's Range
$88.80
$90.06
50-Day Range
$79.22
$88.00
52-Week Range
$53.15
$90.28
Volume
1.40 million shs
Average Volume
1.02 million shs
Market Capitalization
$27.00 billion
P/E Ratio
81.17
Dividend Yield
3.45%
Price Target
$97.44

Ares Management MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
9.1% Upside
$97.44 Price Target
Short Interest
Healthy
3.02% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.21mentions of Ares Management in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$193.27 M Sold Last Quarter
Proj. Earnings Growth
30.56%
From $3.60 to $4.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Finance Sector

154th out of 874 stocks

Investment Advice Industry

9th out of 51 stocks


ARES stock logo

About Ares Management (NYSE:ARES) Stock

Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosent

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ARES Stock News Headlines

“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Ares Management (NYSE:ARES) Now Covered by StockNews.com
Ares Management (NYSE:ARES) Price Target Raised to $105.00
See More Headlines

ARES Price History

ARES Company Calendar

Ex-Dividend for 3/31 Dividend
3/16/2023
Dividend Payable
3/31/2023
Last Earnings
4/28/2023
Today
6/02/2023
Ex-Dividend for 6/30 Dividend
6/15/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Employees
2,550
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$97.44
High Stock Price Forecast
$108.00
Low Stock Price Forecast
$88.00
Forecasted Upside/Downside
+10.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$167.54 million
Pretax Margin
18.73%

Debt

Sales & Book Value

Annual Sales
$3.06 billion
Cash Flow
$3.24 per share
Book Value
$13.49 per share

Miscellaneous

Free Float
159,129,000
Market Cap
$26.61 billion
Optionable
Optionable
Beta
1.32

Social Links


Key Executives

  • Michael J. AroughetiMichael J. Arougheti
    President, Chief Executive Officer & Director
  • Jarrod Phillips
    Chief Financial Officer & Partner
  • Sandesh Hegde
    Global Chief Information Officer & Partner
  • Miriam G. Krieger
    Group Chief Compliance Officer & Partner
  • Raymond L. Wright
    Chief Administrative Officer & Managing Director













ARES Stock - Frequently Asked Questions

Should I buy or sell Ares Management stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ARES shares.
View ARES analyst ratings
or view top-rated stocks.

What is Ares Management's stock price forecast for 2023?

10 Wall Street analysts have issued 1-year target prices for Ares Management's shares. Their ARES share price forecasts range from $88.00 to $108.00. On average, they expect the company's share price to reach $97.44 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for ARES
or view top-rated stocks among Wall Street analysts.

How have ARES shares performed in 2023?

Ares Management's stock was trading at $68.44 at the beginning of 2023. Since then, ARES shares have increased by 28.6% and is now trading at $88.00.
View the best growth stocks for 2023 here
.

Are investors shorting Ares Management?

Ares Management saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 4,320,000 shares, a decline of 10.4% from the April 30th total of 4,820,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is presently 4.3 days. Approximately 3.0% of the company's shares are sold short.
View Ares Management's Short Interest
.

When is Ares Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ARES earnings forecast
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) announced its quarterly earnings data on Friday, April, 28th. The asset manager reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.11. The asset manager earned $813.36 million during the quarter, compared to analysts' expectations of $694.04 million. Ares Management had a trailing twelve-month return on equity of 16.79% and a net margin of 6.84%. During the same quarter in the prior year, the company earned $0.65 EPS.

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

Ares Management announced a quarterly dividend on Friday, April 28th. Investors of record on Friday, June 16th will be paid a dividend of $0.77 per share on Friday, June 30th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date of this dividend is Thursday, June 15th.
Read our dividend analysis for ARES
.

Is Ares Management a good dividend stock?

Ares Management (NYSE:ARES) pays an annual dividend of $3.08 per share and currently has a dividend yield of 3.54%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 280.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ARES will have a dividend payout ratio of 65.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARES.

What is Michael Arougheti's approval rating as Ares Management's CEO?

18 employees have rated Ares Management Chief Executive Officer Michael Arougheti on Glassdoor.com. Michael Arougheti has an approval rating of 100% among the company's employees. This puts Michael Arougheti in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 investors include Wellington Management Group LLP (5.94%), BlackRock Inc. (3.58%), Boston Partners (1.08%), Franklin Resources Inc. (1.07%), State Street Corp (0.99%) and Bank of New York Mellon Corp (0.99%). Insiders that own company stock include Aghili Naseem Sagati, Antoinette Cook Bush, Antony P Ressler, Ares Capital Management Ii Llc, Ares Management Llc, Bennett Rosenthal, Corporate Opportunities F Ares, David B Kaplan, David B Kaplan, Judy D Olian, Michael J Arougheti, Michael J Arougheti, Michael R Mcferran, R Kipp Deveer and Ryan Berry.
View institutional ownership trends
.

How do I buy shares of Ares Management?

Shares of ARES stock 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 $88.00.

How much money does Ares Management make?

Ares Management (NYSE:ARES) has a market capitalization of $26.61 billion and generates $3.06 billion in revenue each year. The asset manager earns $167.54 million in net income (profit) each year or $1.10 on an earnings per share basis.

How many employees does Ares Management have?

The company employs 2,550 workers across the globe.

How can I contact Ares Management?

Ares Management's mailing address is 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067. The official website for the company is www.aresmgmt.com. The asset manager can be reached via phone at (310) 201-4100, via email at cdrake@aresmgmt.com, or via fax at 310-201-4170.

This page (NYSE:ARES) was last updated on 6/2/2023 by MarketBeat.com Staff

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