Ares Management Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ares Management stock.
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Wall Street analysts have given Ares Management a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ares Management wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Ares Management saw a decrease in short interest in May. As of May 28th, there was short interest totaling 1,190,000 shares, a decrease of 40.8% from the May 13th total of 2,010,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.0% of the company's shares are sold short.
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Ares Management is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Ares Management.

Ares Management Co. (NYSE:ARES) announced its earnings results on Thursday, April, 29th. The asset manager reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by $0.05. The asset manager had revenue of $411.25 million for the quarter, compared to the consensus estimate of $436.80 million. Ares Management had a trailing twelve-month return on equity of 15.46% and a net margin of 10.03%.
View Ares Management's earnings history.

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 (WHO). Since then, ARES stock has increased by 93.8% and is now trading at $58.64.
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Ares Management announced a quarterly dividend on Friday, April 30th. Investors of record on Wednesday, June 16th will be paid a dividend of $0.47 per share on Wednesday, June 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, June 15th.
View Ares Management's dividend history.

Ares Management pays an annual dividend of $1.88 per share and currently has a dividend yield of 3.17%. Ares Management does not yet have a strong track record of dividend growth. The dividend payout ratio of Ares Management is 101.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ares Management will have a dividend payout ratio of 70.94% next year. This indicates that Ares Management will be able to sustain or increase its dividend.
View Ares Management's dividend history.

8 brokers have issued 12 month price targets for Ares Management's shares. Their forecasts range from $43.00 to $71.00. On average, they anticipate Ares Management's stock price to reach $57.00 in the next year. This suggests that the stock has a possible downside of 2.8%.
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18 employees have rated Ares Management CEO Michael Arougheti on Glassdoor.com. Michael Arougheti has an approval rating of 100% among Ares Management's employees. This puts Michael Arougheti in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Ares Management include KKR & Co. Inc. (KKR), Ameriprise Financial (AMP), Legal & General Group (LGGNY), Franklin Resources (BEN), The Carlyle Group (CG), Invesco (IVZ), Apollo Global Management (APO), Morningstar (MORN), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Evercore (EVR), Houlihan Lokey (HLI), Lazard (LAZ), Hamilton Lane (HLNE) and AllianceBernstein (AB).
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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).

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

Ares Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include HMI Capital Management L.P. (2.19%), BlackRock Inc. (1.93%), William Blair Investment Management LLC (1.41%), Franklin Resources Inc. (1.08%), Bank of New York Mellon Corp (0.84%) and Alliancebernstein L.P. (0.85%). 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 J Arougheti, Michael R Mcferran and R Kipp Deveer.
View institutional ownership trends for Ares Management.

ARES stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Royce & Associates LP, Ameriprise Financial Inc., Goldman Sachs Group Inc., The Manufacturers Life Insurance Company, HMI Capital Management L.P., Nuveen Asset Management LLC, and Russell Investments Group Ltd.. 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 or view top insider-selling stocks.

ARES stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Franklin Resources Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Jennison Associates LLC, Envestnet Asset Management Inc., River Road Asset Management LLC, Alliancebernstein L.P., and Victory Capital Management Inc..
View insider buying and selling activity for Ares Management or or view top insider-buying stocks.

Shares of ARES 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.
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One share of ARES stock can currently be purchased for approximately $58.64.

Ares Management has a market capitalization of $15.36 billion and generates $1.76 billion in revenue each year. The asset manager earns $152.14 million in net income (profit) each year or $1.86 on an earnings per share basis.

Ares Management employs 1,450 workers across the globe.

Ares Management was founded in 1997.

The official website for Ares Management is www.aresmgmt.com.

Ares Management is headquartered at 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067.

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]