NYSE:ARES Ares Management Stock Forecast, Price & 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 $39.81 +0.34 (+0.86 %) (As of 09/18/2020 03:08 PM ET) Add Compare Share Today's Range$39.39Now: $39.81▼$40.0250-Day Range$38.48MA: $40.09▼$42.0752-Week Range$20.20Now: $39.81▼$42.40Volume37,926 shsAverage Volume913,563 shsMarket Capitalization$10.27 billionP/E Ratio79.62Dividend Yield3.95%Beta1.19 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 1.4 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 $42.50, Ares Management has a forecasted upside of 6.8% from its current price of $39.81.Amount of Analyst CoverageAres Management has only been the subject of 4 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesAres Management has received 532 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAres Management has received 372 “underperform” votes. (Add your “underperform” vote.)Community SentimentAres Management has received 58.85% “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 0.8 Dividend Strength Dividend YieldAres Management pays a meaningful dividend of 3.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAres Management has only been increasing its dividend for 1 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 77.29% 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 more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,296,363.00 in company stock.Percentage Held by Insiders59.69% 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 Institutions41.31% 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 24.70% in the coming year, from $1.66 to $2.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ares Management is 79.62, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Ares Management is 79.62, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.55.Price to Earnings Growth RatioAres Management has a PEG Ratio of 3.24. 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 2.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.9Dividend Strength: 0.8Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.68 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 Ratio0.57 Current Ratio0.16 Quick Ratio0.16Price-To-Earnings Trailing P/E Ratio79.62 Forward P/E Ratio23.98 P/E Growth3.24 Sales & Book Value Annual Sales$1.77 billion Price / Sales5.82 Cash Flow$1.99 per share Price / Cash Flow19.96 Book Value$13.59 per share Price / Book2.93Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$148.88 million Net Margins6.39% Return on Equity15.46% Return on Assets1.98%Miscellaneous Employees1,200 Outstanding Shares258,009,000Market Cap$10.27 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $39.81 +0.34 (+0.86 %) (As of 09/18/2020 03:08 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by Coronavirus? Ares Management's stock was trading at $30.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ARES shares have increased by 30.9% and is now trading at $39.60. View which stocks have been most impacted by COVID-19. 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 Thursday, October 29th 2020. View our earnings forecast for Ares Management. How were Ares Management's earnings last quarter? Ares Management Corp (NYSE:ARES) announced its quarterly earnings data on Wednesday, August, 5th. The asset manager reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.01. The asset manager had revenue of $326.44 million for the quarter, compared to the consensus estimate of $332.49 million. Ares Management had a return on equity of 15.46% and a net margin of 6.39%. During the same quarter in the prior year, the business earned $0.35 earnings per share. 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 Thursday, August 6th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.40 per share on Wednesday, September 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date is Tuesday, September 15th. View Ares Management's dividend history. What price target have analysts set for ARES? 11 analysts have issued 12 month price objectives for Ares Management's stock. Their forecasts range from $38.00 to $47.00. On average, they expect Ares Management's share price to reach $42.50 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for Ares Management. Who are some of Ares Management's key competitors? Some companies that are related to Ares Management include Blackstone Group (BX), KKR & Co Inc (KKR), Ameriprise Financial (AMP), LEG & GEN GRP P/S (LGGNY), Franklin Resources (BEN), Apollo Global Management (APO), The Carlyle Group (CG), Morningstar (MORN), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Houlihan Lokey (HLI), Janus Henderson Group (JHG), Lazard (LAZ) and Hamilton Lane (HLNE). 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 Intel (INTC), AT&T (T), General Electric (GE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Wells Fargo & Company (WFC), QUALCOMM (QCOM), Verizon Communications (VZ), Bank of America (BAC) and Alibaba Group (BABA). 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.39%), William Blair Investment Management LLC (1.20%), Bank of America Corp DE (0.63%), Federated Hermes Inc. (0.60%), Bank of New York Mellon Corp (0.57%) and Peregrine Capital Management LLC (0.38%). Company insiders that own Ares Management stock include Aghili Naseem Sagati, 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 major investors are selling Ares Management stock? ARES stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Nuveen Asset Management LLC, Charles Schwab Investment Management Inc., Northern Right Capital Management L.P., Mackay Shields LLC, UBS Group AG, American International Group Inc., and Neuberger Berman Group LLC. Company insiders that have sold Ares Management company stock in the last year include Aghili Naseem Sagati, Antony P Ressler, Bennett Rosenthal, David B Kaplan, Michael J Arougheti, Michael R Mcferran, and R Kipp Deveer. View insider buying and selling activity for Ares Management. Which major investors are buying Ares Management stock? ARES stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of New York Mellon Corp, Jennison Associates LLC, Goldman Sachs Group Inc., William Blair Investment Management LLC, FMR LLC, Assenagon Asset Management S.A., and Victory Capital Management Inc.. 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 $39.60. How big of a company is Ares Management? Ares Management has a market capitalization of $10.22 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 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
