Ares Management L.P. Company Profile (NYSE:ARES)

About Ares Management L.P. (NYSE:ARES)

Ares Management L.P. logoAres Management, L.P. is an alternative asset manager. The Company offers its investors a range of investment strategies. It operates through three segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment manages credit strategies across the non-investment grade credit universe in the United States and Europe. It offers a range of credit strategies across the liquid and illiquid spectrum, including syndicated loans, high yield bonds, credit opportunities, structured credit investments and the United States and European direct lending. The Credit Group provides solutions for traditional fixed income investors. The Private Equity Group segment categorizes its investment strategies as corporate private equity, the United States power and energy infrastructure and special situations. The Real Estate Group segment manages public and private equity and debt strategies. The Real Estate Group manages both a value-add strategy and an opportunistic strategy.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management
  • Sub-Industry: N/A
  • Symbol: NYSE:ARES
  • CUSIP: N/A
  • Web: www.aresmgmt.com
Capitalization:
  • Market Cap: $3.87 billion
  • Outstanding Shares: 214,093,000
Average Prices:
  • 50 Day Moving Avg: $18.31
  • 200 Day Moving Avg: $18.85
  • 52 Week Range: $12.08 - $23.25
P/E:
  • Trailing P/E Ratio: 26.90
  • Foreward P/E Ratio: 9.57
  • P/E Growth: 0.63
Sales & Book Value:
  • Annual Revenue: $1.3 billion
  • Price / Sales: 2.98
  • Book Value: $2.84 per share
  • Price / Book: 6.37
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 2.9%
Profitability:
  • EBIDTA: $241 million
  • Net Margins: 5.65%
  • Return on Equity: 35.09%
  • Return on Assets: 6.51%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 0.38%
  • Quick Ratio: 0.38%
Misc:
  • Average Volume: 133,412 shs.
  • Beta: 1.24
  • Short Ratio: 1.4
 

Frequently Asked Questions for Ares Management L.P. (NYSE:ARES)

What is Ares Management L.P.'s stock symbol?

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

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

Ares Management L.P. declared a quarterly dividend on Monday, May 8th. Shareholders of record on Monday, May 22nd will be given a dividend of $0.13 per share on Monday, June 5th. This represents a $0.52 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Thursday, May 18th. View Ares Management L.P.'s Dividend History.

How were Ares Management L.P.'s earnings last quarter?

Ares Management L.P. (NYSE:ARES) issued its earnings results on Monday, May, 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.09. The company earned $172.05 million during the quarter, compared to analysts' expectations of $182.50 million. Ares Management L.P. had a return on equity of 35.09% and a net margin of 5.65%. During the same period in the prior year, the firm posted $0.08 earnings per share. View Ares Management L.P.'s Earnings History.

When will Ares Management L.P. make its next earnings announcement?

Ares Management L.P. is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for Ares Management L.P..

Where is Ares Management L.P.'s stock going? Where will Ares Management L.P.'s stock price be in 2017?

7 analysts have issued 1 year price objectives for Ares Management L.P.'s shares. Their predictions range from $15.00 to $25.00. On average, they expect Ares Management L.P.'s stock price to reach $20.83 in the next twelve months. View Analyst Ratings for Ares Management L.P..

What are analysts saying about Ares Management L.P. stock?

Here are some recent quotes from research analysts about Ares Management L.P. stock:

  • 1. According to Zacks Investment Research, "Ares Management, L.P. is a global alternative asset manager. It manages four investment groups that invest in the tradable credit, direct lending, and private equity and real estate markets. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts. 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; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. is headquartered in Los Angeles. " (3/3/2017)
  • 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Buy rating on ARES shares following a solid quarter that was helped by strong investment returns and performance fee income. We have increased our PT to $25 from $20, which equals 14x 2017E ENI and reflects FEAUM growth and margin expansion following the ACOF V activation and ARCC/ACAS merger. We have also increased our 2017 ENI estimate to $1.82 from $1.65, reflecting a higher accretion estimate for ACAS and expected incentive fee income from a highly profitable energy investment that should close in 2Q." (2/27/2017)

Who are some of Ares Management L.P.'s key competitors?

Who are Ares Management L.P.'s key executives?

Ares Management L.P.'s management team includes the folowing people:

  • Antony P. Ressler, Chairman of the Board, Chief Executive Officer, Co-Founder of Ares Management GP LLC
  • Michael J. Arougheti, Director, Co-Founder, President - Ares Management GP LLC, Ares' general partner
  • David B. Kaplan, Director, Co-Founder, Senior Partner, Co-Head of Private Equity Group of Ares Management GP LLC
  • John H. Kissick, Director, Co-Founder, Senior Partner of Ares Management GP LLC
  • Bennett Rosenthal, Director, Co-Founder, Senior Partner, Co-Head of Private Equity Group of Ares Management GP LLC
  • Michael R. McFerran, Chief Financial Officer, Executive Vice President, Treasurer
  • Michael D. Weiner, Executive Vice President, Chief Legal Officer & Secretary
  • Paul G. Joubert CPA, Independent Director of Ares Management GP LLC
  • Michael M. Lynton, Independent Director of Ares Management GP LLC
  • Judy D. Olian Ph.D., Independent Director of Ares Management GP LLC

Who owns Ares Management L.P. stock?

Ares Management L.P.'s stock is owned by many different of retail and institutional investors. Top institutional investors include Royce & Associates LP (1.70%), OppenheimerFunds Inc. (0.61%), American Century Companies Inc. (0.55%), FMR LLC (0.53%), EJF Capital LLC (0.36%) and Wells Fargo & Company MN (0.26%). Company insiders that own Ares Management L.P. stock include Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti and Michael R Mcferran. View Institutional Ownership Trends for Ares Management L.P..

Who sold Ares Management L.P. stock? Who is selling Ares Management L.P. stock?

Ares Management L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc. and FMR LLC. View Insider Buying and Selling for Ares Management L.P..

Who bought Ares Management L.P. stock? Who is buying Ares Management L.P. stock?

Ares Management L.P.'s stock was bought by a variety of institutional investors in the last quarter, including EJF Capital LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., OppenheimerFunds Inc., Segall Bryant & Hamill LLC, Morgan Stanley, Neuberger Berman Group LLC and SG Americas Securities LLC. Company insiders that have bought Ares Management L.P. stock in the last two years include Bennett Rosenthal, David B Kaplan, Michael D Weiner, Michael J Arougheti and Michael R Mcferran. View Insider Buying and Selling for Ares Management L.P..

How do I buy Ares Management L.P. stock?

Shares of Ares Management L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ares Management L.P.'s stock price today?

One share of Ares Management L.P. stock can currently be purchased for approximately $18.08.


MarketBeat Community Rating for Ares Management L.P. (NYSE ARES)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  100 (Vote Outperform)
Underperform Votes:  93 (Vote Underperform)
Total Votes:  193
MarketBeat's community ratings are surveys of what our community members think about Ares Management L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ares Management L.P. (NYSE:ARES) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $20.83 (15.23% upside)

Analysts' Ratings History for Ares Management L.P. (NYSE:ARES)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017Credit Suisse GroupUpgradeNeutral -> OutperformHighView Rating Details
4/6/2017Keefe, Bruyette & WoodsReiterated RatingOutperformMediumView Rating Details
3/10/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral -> Neutral$21.00LowView Rating Details
2/27/2017SunTrust Banks, Inc.Boost Price TargetBuy$20.00 -> $25.00N/AView Rating Details
1/8/2017Wells Fargo & CompanyReiterated RatingOutperformN/AView Rating Details
12/16/2016Bank of America CorporationUpgradeNeutral -> Buy$19.00N/AView Rating Details
8/11/2016Morgan StanleySet Price TargetHold$15.00N/AView Rating Details
11/11/2015Royal Bank Of CanadaLower Price TargetOutperform$22.00 -> $20.00N/AView Rating Details
(Data available from 6/28/2015 forward)

Earnings

Earnings History for Ares Management L.P. (NYSE:ARES)
Earnings by Quarter for Ares Management L.P. (NYSE:ARES)
Earnings History by Quarter for Ares Management L.P. (NYSE ARES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2017        
5/8/2017Q1 2017$0.39$0.30$182.50 million$172.05 millionViewListenView Earnings Details
2/24/2017Q416$0.35$0.44$169.45 million$358.20 millionViewN/AView Earnings Details
11/7/2016Q316$0.38$0.46$166.00 million$335.46 millionViewListenView Earnings Details
8/9/2016Q216$0.29$0.44$164.13 million$369.00 millionViewN/AView Earnings Details
5/10/2016Q116$0.23$0.08$171.00 million$158.43 millionViewListenView Earnings Details
2/29/2016Q415$0.29$0.20$185.00 million$159.52 millionViewListenView Earnings Details
11/10/2015Q315$0.17$0.14$166.75 million$162.20 millionViewListenView Earnings Details
8/11/2015Q215$0.39$0.32$167.63 million$175.80 millionViewListenView Earnings Details
5/12/2015Q1$0.39$0.35$258.35 million$272.80 millionViewListenView Earnings Details
3/5/2015Q414$0.36$0.27$154.40 million$230.00 millionViewN/AView Earnings Details
11/12/2014Q314$0.36$0.32$152.15 million$127.46 millionViewN/AView Earnings Details
8/13/2014Q214$0.37$0.33$148.50 million$131.62 millionViewN/AView Earnings Details
6/10/2014Q114$0.33$0.30$162.50 million$139.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ares Management L.P. (NYSE:ARES)
Current Year EPS Consensus Estimate: $1.81 EPS
Next Year EPS Consensus Estimate: $1.89 EPS

Dividends

Current Dividend Information for Ares Management L.P. (NYSE:ARES)
Most Recent Dividend:6/5/2017
Annual Dividend:$0.52
Dividend Yield:2.88%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:78.79% (Trailing 12 Months of Earnings)
28.73% (Based on This Year's Estimates)
27.51% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ares Management L.P. (NYSE:ARES)

Dividend History by Quarter for Ares Management L.P. (NYSE ARES)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017quarterly$0.135.97%5/18/20175/22/20176/5/2017
2/24/2017quarterly$0.284.82%3/8/20173/10/20173/24/2017
11/7/2016quarterly$0.205.21%11/17/201611/21/201612/5/2016
8/10/2016quarterly$0.286.57%8/19/20168/23/20169/6/2016
5/11/2016quarterly$0.154.29%5/20/20165/24/20166/7/2016
3/1/2016quarterly$0.206.61%3/10/20163/14/20163/28/2016
11/11/2015quarterly$0.133.22%11/20/201511/24/201512/8/2015
8/12/2015quarterly$0.265.47%8/21/20158/25/20159/8/2015
5/13/2015quarterly$0.255.19%5/20/20155/22/20156/2/2015
3/5/2015quarterly$0.244.88%3/12/20153/16/20153/24/2015
11/12/2014quarterly$0.245.79%11/20/201411/24/201412/4/2014
8/14/2014special$0.188/21/20148/25/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ares Management L.P. (NYSE:ARES)
Institutional Ownership Percentage: 14.58%
Insider Trades by Quarter for Ares Management L.P. (NYSE:ARES)
Institutional Ownership by Quarter for Ares Management L.P. (NYSE:ARES)
Insider Trades by Quarter for Ares Management L.P. (NYSE:ARES)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2015Michael R McferranCFOBuy10,000$12.76$127,600.00View SEC Filing  
12/14/2015Michael D WeinerEVPBuy2,000$12.75$25,500.00View SEC Filing  
12/11/2015Michael D WeinerEVPBuy3,000$13.59$40,770.00View SEC Filing  
12/2/2015David B KaplanInsiderBuy8,025$14.41$115,640.25View SEC Filing  
12/1/2015David B KaplanInsiderBuy13,322$14.14$188,373.08View SEC Filing  
11/25/2015Michael J. AroughetiinsiderBuy5,993$14.11$84,561.23View SEC Filing  
11/24/2015Michael J. AroughetiinsiderBuy5,993$13.99$83,842.07View SEC Filing  
11/23/2015Michael J. AroughetiinsiderBuy100$13.99$1,399.00View SEC Filing  
11/20/2015Bennett RosenthalInsiderBuy91,666$13.82$1,266,824.12View SEC Filing  
11/19/2015Michael D. WeinerEVPBuy5,000$13.81$69,050.00View SEC Filing  
12/5/2014Judy D OlianDirectorBuy1,800$16.69$30,042.00View SEC Filing  
6/11/2014Paul G JoubertDirectorBuy10,000$18.96$189,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ares Management L.P. (NYSE:ARES)
Latest Headlines for Ares Management L.P. (NYSE:ARES)
Source:
DateHeadline
finance.yahoo.com logoPeter Higgins Joins Ares Management, L.P. as Partner & Portfolio Manager in the Ares Credit Group in London
finance.yahoo.com - June 27 at 3:46 PM
finance.yahoo.com logoValet Living Joins National Effort to Increase Workplace Recycling
finance.yahoo.com - June 27 at 3:46 PM
americanbankingnews.com logoAres Management L.P. (ARES) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 20 at 8:35 AM
americanbankingnews.com logoAres Management L.P. (ARES) Cut to Strong Sell at BidaskClub
www.americanbankingnews.com - June 17 at 7:14 PM
streetinsider.com logoAres Management (ARES) & TruAmerica Multifamily Purchase 240-Unit Community in Phoenix for $31M
www.streetinsider.com - June 14 at 8:43 PM
finance.yahoo.com logoAres Management Funds and TruAmerica Multifamily Acquire 240-Unit Apartment Community in Phoenix for $31 Million
finance.yahoo.com - June 13 at 6:28 PM
finance.yahoo.com logoAres Management & Leonard Green Increase Ownership in Aspen Dental Management, Inc.
finance.yahoo.com - June 13 at 1:25 PM
nasdaq.com logoEx-Div Reminder for Ares Management LP's 7.00% Series A Preferred Units
www.nasdaq.com - June 9 at 8:56 PM
finance.yahoo.com logoAres Management, L.P. to Present at the Morgan Stanley Financials Conference
finance.yahoo.com - June 9 at 3:56 PM
bloomberg.com logoNordstrom Is Cheap for a Reason
www.bloomberg.com - June 8 at 9:41 PM
americanbankingnews.com logoAres Management LP (ARES) Rating Lowered to C at TheStreet
www.americanbankingnews.com - June 7 at 4:14 PM
americanbankingnews.com logo$187.00 Million in Sales Expected for Ares Management LP (ARES) This Quarter
www.americanbankingnews.com - June 7 at 12:46 PM
bloomberg.com logoGM Creditors' $1 Billion Fight Hangs on Fixture Definition
www.bloomberg.com - June 6 at 3:42 PM
americanbankingnews.com logo$0.69 EPS Expected for Ares Management LP (ARES) This Quarter
www.americanbankingnews.com - June 5 at 7:36 AM
finance.yahoo.com logoAres Management LP :ARES-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 12:40 PM
finance.yahoo.com logoFloor & Decor Outlets of America, Inc. -- Moody's changes Floor & Decor outlook to Positive; B2 CFR affirmed
finance.yahoo.com - May 26 at 3:51 PM
finance.yahoo.com logoAres Management LP : ARES-US: Dividend Analysis : May 30th, 2017 (record date) : By the numbers : May 26, 2017
finance.yahoo.com - May 26 at 3:51 PM
americanbankingnews.com logoAres Management LP (ARES) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 26 at 9:53 AM
finance.yahoo.com logoAres Management, L.P. to Present at the 2017 Keefe, Bruyette & Woods Mortgage Finance & Asset Management Conference
finance.yahoo.com - May 25 at 4:17 PM
finance.yahoo.com logoFloor & Decor Outlets of America, Inc. -- Floor & Decor outlook changed to Positive; B2 CFR affirmed
finance.yahoo.com - May 25 at 4:17 PM
finance.yahoo.com logoAres Management LP : ARES-US: Dividend Analysis : March 10th, 2017 (record date) : By the numbers : May 23, 2017
finance.yahoo.com - May 23 at 3:44 PM
finance.yahoo.com logoValet Waste Announces National Rebrand and is now Valet Living
finance.yahoo.com - May 23 at 8:29 AM
finance.yahoo.com logoAres Management, L.P. Changes Record Date for First Quarter Common Distribution
finance.yahoo.com - May 19 at 9:29 AM
finance.yahoo.com logoAres Management to Acquire DevaCurl from Tengram Capital Partners
finance.yahoo.com - May 18 at 12:10 PM
finance.yahoo.com logoAres, Blackstone Said Among Bidders for Fidelity & Guaranty Life
finance.yahoo.com - May 16 at 3:42 PM
nasdaq.com logoEx-Dividend Reminder: Ares Management, Regency Centers and Fidelity & Guaranty Life
www.nasdaq.com - May 16 at 12:38 PM
finance.yahoo.com logoAres Management LP breached its 50 day moving average in a Bullish Manner : ARES-US : May 16, 2017
finance.yahoo.com - May 16 at 12:38 PM
americanbankingnews.com logoAres Management LP (ARES) Stock Rating Upgraded by Credit Suisse Group AG
www.americanbankingnews.com - May 14 at 8:44 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Ares Management LP (ARES) Will Announce Quarterly Sales of $193 Million
www.americanbankingnews.com - May 11 at 10:18 AM
americanbankingnews.com logoAres Management LP (ARES) Expected to Announce Earnings of $0.44 Per Share
www.americanbankingnews.com - May 9 at 6:18 PM
finance.yahoo.com logoIs Ares Management (ARES) a Great Stock for Value Investors?
finance.yahoo.com - May 9 at 3:35 PM
americanbankingnews.com logoAres Management LP (ARES) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS
www.americanbankingnews.com - May 9 at 9:56 AM
finance.yahoo.com logoEdited Transcript of ARES earnings conference call or presentation 8-May-17 4:00pm GMT
finance.yahoo.com - May 9 at 9:11 AM
finance.yahoo.com logoAres Management Fund Acquires Logistics Warehouse in Harlow, England
finance.yahoo.com - May 9 at 9:11 AM
seekingalpha.com logoAres Management's (ARES) Management on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 8:35 PM
finance.yahoo.com logoExclusive: Hudson's Bay taps debt adviser amid Neiman Marcus bid challenges - sources
finance.yahoo.com - May 8 at 8:35 PM
americanbankingnews.com logoAres Management LP to Issue Quarterly Dividend of $0.13 (ARES)
www.americanbankingnews.com - May 8 at 5:45 PM
bizjournals.com logoIPO or PE? Chuck E. Cheese owner looking for up to $2B exit (Video)
www.bizjournals.com - May 8 at 3:33 PM
reuters.com logoBRIEF-ARES Management LP says qtrly GAAP loss per common unit of $0.58
www.reuters.com - May 8 at 3:33 PM
finance.yahoo.com logoAres Management, L.P. Reports First Quarter 2017 Results
finance.yahoo.com - May 8 at 10:51 AM
marketbeat.com logoAres Management reports 1Q loss
marketbeat.com - May 8 at 9:58 AM
americanbankingnews.com logoAres Management LP (ARES) to Release Earnings on Monday
www.americanbankingnews.com - May 5 at 11:12 PM
americanbankingnews.com logoAres Management LP (ARES) Set to Announce Earnings on Monday
www.americanbankingnews.com - May 5 at 10:46 PM
americanbankingnews.com logoAres Management LP (ARES) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - May 5 at 10:23 PM
finance.yahoo.com logoCPG International LLC -- Moody's assigns a B2 rating to CPG's extended term loan, affirms B3 CFR
finance.yahoo.com - May 4 at 8:48 PM
finance.yahoo.com logoShould You Buy Ares Management (ARES) Ahead of Earnings?
finance.yahoo.com - May 4 at 3:43 PM
finance.yahoo.com logoIG Investments Holdings, LLC -- Moody's says that Insight Global's repricing transaction is credit positive, but does not impact the ratings
finance.yahoo.com - May 3 at 10:13 AM
americanbankingnews.com logoAres Management (ARES) Earns Coverage Optimism Rating of 0.31
www.americanbankingnews.com - May 2 at 9:30 AM
americanbankingnews.com logoAres Management LP (ARES) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 12:22 PM
americanbankingnews.com logoAres Management LP (ARES) Upgraded by TheStreet to B-
www.americanbankingnews.com - April 29 at 11:32 AM

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Ares Management L.P. (ARES) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by MarketBeat.com Staff