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: $1.52381 billion
  • Outstanding Shares: 214,093,000
Average Prices:
  • 50 Day Moving Avg: $18.40
  • 200 Day Moving Avg: $18.40
  • 52 Week Range: $14.75 - $23.25
P/E:
  • Trailing P/E Ratio: 24.83
  • Foreward P/E Ratio: 10.14
  • P/E Growth: 0.63
Sales & Book Value:
  • Annual Revenue: $1.47 billion
  • Price / Sales: 2.70
  • Book Value: $3.30 per share
  • Price / Book: 5.62
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 6.7%
Profitability:
  • EBITDA: $260.09 million
  • Net Margins: 5.86%
  • Return on Equity: 40.94%
  • Return on Assets: 7.01%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 66,165 shs.
  • Beta: 1.25
  • Short Ratio: 0.38
 

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 Friday, August 4th. Investors of record on Friday, August 18th will be paid a dividend of $0.31 per share on Friday, September 1st. This represents a $1.24 annualized dividend and a yield of 6.68%. The ex-dividend date of this dividend is Wednesday, August 16th. This is a boost from Ares Management L.P.'s previous quarterly dividend of $0.13. 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 quarterly earnings data on Friday, August, 4th. The company reported $0.69 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.69. The business earned $554 million during the quarter, compared to analyst estimates of $442.10 million. Ares Management L.P. had a return on equity of 40.94% and a net margin of 5.86%. The company's quarterly revenue was up 49.9% on a year-over-year basis. During the same quarter last year, the company earned $0.40 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 Friday, November, 3rd 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?

8 equities research analysts have issued 12 month price targets for Ares Management L.P.'s stock. Their forecasts range from $18.00 to $25.00. On average, they expect Ares Management L.P.'s share price to reach $21.00 in the next year. 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. " (10/20/2017)
  • 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

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 $18.55.


MarketBeat Community Rating for Ares Management L.P. (NYSE ARES)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  145 (Vote Underperform)
Total Votes:  295
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: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $21.00 (13.21% upside)
Consensus Price Target History for Ares Management L.P. (NYSE:ARES)
Price Target History for Ares Management L.P. (NYSE:ARES)
Analysts' Ratings History for Ares Management L.P. (NYSE:ARES)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Royal Bank Of CanadaSet Price TargetBuy$21.00N/AView Rating Details
9/21/2017Oppenheimer Holdings, Inc.Initiated CoverageOutperform$18.00LowView Rating Details
9/5/2017Keefe, Bruyette & WoodsReiterated RatingBuy$22.00MediumView Rating Details
5/11/2017Credit Suisse GroupUpgradeNeutral -> OutperformHighView 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
(Data available from 10/22/2015 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
11/3/2017$0.41N/AView Earnings Details
8/4/2017Q2 2017$0.69$0.69$442.10 million$554.00 millionViewListenView Earnings Details
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: $1.82 EPS
Next Year EPS Consensus Estimate: $1.83 EPS

Dividends

Current Dividend Information for Ares Management L.P. (NYSE:ARES)
Most Recent Dividend:9/1/2017
Annual Dividend:$1.24
Dividend Yield:6.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:169.86% (Trailing 12 Months of Earnings)
68.13% (Based on This Year's Estimates)
67.76% (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
8/4/2017Quarterly$0.316.81%8/16/20178/18/20179/1/2017
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: 14.68%
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)
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Chart

Ares Management L.P. (ARES) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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