NYSE:ARES

Ares Management Stock Forecast, Price & News

$45.86

-0.01 (-0.02 %)

(As of 12/2/2020 03:52 PM ET)

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Today's Range

$45.01

Now: $45.86▼

$45.96

50-Day Range

$41.61

MA: $44.17▼

$45.19

52-Week Range

$20.20

Now: $45.86▼

$46.35

Volume21,473 shs

Average Volume837,722 shs

Market Capitalization$11.85 billion

P/E Ratio84.93

Dividend Yield3.55%

Beta1.29

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.

Beat the Market (BTM) Rank^™

1.4 Analyst's Opinion

Consensus Rating
Ares 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/Downside
According to analysts' consensus price target of $43.40, Ares Management has a forecasted downside of 5.2% from its current price of $45.77.
Amount of Analyst Coverage
Ares Management has only been the subject of 4 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Ares Management has received 536 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ares Management has received 376 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ares Management has received 58.77% “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.

0.8 Dividend Strength

Dividend Yield
Ares Management pays a meaningful dividend of 3.55%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ares Management has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Ares Management is 95.81%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Ares Management will have a dividend payout ratio of 75.83% in the coming year. This indicates that Ares Management may not be able to sustain their current dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $37,460,881.00 in company stock.
Percentage Held by Insiders
59.69% 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 Institutions
37.48% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Ares Management are expected to grow by 21.26% in the coming year, from $1.74 to $2.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ares Management is 84.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ares Management is 84.76, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 21.31.
Price to Earnings Growth Ratio
Ares Management has a PEG Ratio of 2.30. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ares Management has a P/B Ratio of 5.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.74 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

Phone310-201-4100

Employees1,200

Debt

Debt-to-Equity Ratio0.39

Current Ratio0.15

Quick Ratio0.15

Price-To-Earnings

Trailing P/E Ratio84.93

Forward P/E Ratio26.36

P/E Growth2.3

Sales & Book Value

Annual Sales$1.77 billion

Price / Sales6.71

Cash Flow$2.06 per share

Price / Cash Flow22.22

Book Value$8.02 per share

Price / Book5.72

Profitability

EPS (Most Recent Fiscal Year)$1.67

Net Income$148.88 million

Net Margins7.22%

Return on Equity16.07%

Return on Assets2.09%

Miscellaneous

Outstanding Shares258,452,000

Market Cap$11.85 billion

Next Earnings Date2/11/2021 (Estimated)

OptionableOptionable

$45.86

-0.01 (-0.02 %)

(As of 12/2/2020 03:52 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Ares Management (NYSE:ARES) Frequently Asked Questions

How has Ares Management's stock price been impacted by COVID-19?

Ares Management's stock was trading at $30.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARES stock has increased by 51.0% and is now trading at $45.70.
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 or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Ares Management?

Wall Street analysts have given Ares Management a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ares Management wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ares Management's next earnings date?

Ares Management is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Ares Management.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) announced its quarterly earnings results on Wednesday, October, 28th. The asset manager reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.06. Ares Management had a net margin of 7.22% and a return on equity of 16.07%.
View Ares Management's earnings history.

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

Ares Management announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, December 17th will be paid a dividend of $0.40 per share on Thursday, December 31st. This represents a $1.60 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Wednesday, December 16th.
View Ares Management's dividend history.

What price target have analysts set for ARES?

11 Wall Street analysts have issued 1-year target prices for Ares Management's shares. Their forecasts range from $38.00 to $51.00. On average, they anticipate Ares Management's share price to reach $43.40 in the next twelve months. This suggests that the stock has a possible downside of 5.0%.
View analysts' price targets for Ares Management.

Are investors shorting Ares Management?

Ares Management saw a decrease in short interest in November. As of November 15th, there was short interest totaling 2,640,000 shares, a decrease of 24.4% from the October 31st total of 3,490,000 shares. Based on an average trading volume of 596,700 shares, the days-to-cover ratio is presently 4.4 days.
View Ares Management's Short Interest.

Who are some of Ares Management's key competitors?

Some companies that are related to Ares Management include The Blackstone Group (BX), Ameriprise Financial (AMP), KKR & Co. Inc. (KKR), Legal & General Group (LGGNY), Franklin Resources (BEN), Apollo Global Management (APO), The Carlyle Group (CG), Morningstar (MORN), Eaton Vance (EV), Invesco (IVZ), Janus Henderson Group (JHG), Houlihan Lokey (HLI), Lazard (LAZ), Affiliated Managers Group (AMG) and Evercore (EVR).
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), Verizon Communications (VZ), Bank of America (BAC), QUALCOMM (QCOM) 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 59, Pay $31.46M)
Mr. Michael J. Arougheti, Co-Founder, CEO, Pres & Director (Age 48, Pay $12.67M)
Mr. David B. Kaplan, Director, Co-Founder, Partner & Co-Chairman of Private Equity Group (Age 53, Pay $30.93M)
Mr. Bennett Rosenthal, Co-Founder, Partner, Co-Chairman of Private Equity Group & Director (Age 57, Pay $30.93M)
Mr. Michael Robert McFerran, Partner, COO & CFO (Age 48, Pay $2.43M)
Mr. Jarrod Phillips, Partner of Fin., Accounting & Operations and Chief Accounting Officer
Mr. Sandesh Hegde, Partner, Pres of AOISSC & CTO
Mr. Carl G. Drake C.F.A., CFA, Partner and Head of Public Investor Relations & Communications
Ms. Naseem Sera Sagati Aghili J.D., Sec., Partner & Gen. Counsel of Legal Group (Age 39)
Ms. Miriam Goldsmith Krieger J.D., Partner & Global Chief Compliance Officer (Age 43)

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 number of institutional and retail investors. Top institutional investors include HMI Capital LLC (2.24%), BlackRock Inc. (1.83%), William Blair Investment Management LLC (1.45%), Royce & Associates LP (0.61%), Segall Bryant & Hamill LLC (0.49%) and State Street Corp (0.45%). 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 institutional investors are selling Ares Management stock?

ARES stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, The Manufacturers Life Insurance Company, BNP Paribas Arbitrage SA, Vaughan Nelson Investment Management L.P., Portland Investment Counsel Inc., Maltese Capital Management LLC, PM CAPITAL Ltd, and Sei Investments Co.. 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 institutional investors are buying Ares Management stock?

ARES stock was purchased by a variety of institutional investors in the last quarter, including HMI Capital LLC, William Blair Investment Management LLC, BlackRock Inc., Charles Schwab Investment Management Inc., JPMorgan Chase & Co., Jennison Associates LLC, Barrett Asset Management LLC, and Great West Life Assurance Co. Can.
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 $45.70.

How big of a company is Ares Management?

Ares Management has a market capitalization of $11.81 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 12/2/2020 by MarketBeat.com Staff

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