Ares Capital (ARCC) Expected to Announce Quarterly Earnings on Tuesday

Ares Capital (NASDAQ:ARCC - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Ares Capital to post earnings of $0.54 per share and revenue of $769.32 million for the quarter.

Ares Capital (NASDAQ:ARCC - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The investment management company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $0.58 by ($0.03). Ares Capital had a return on equity of 11.54% and a net margin of 50.90%. On average, analysts expect Ares Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ares Capital Stock Up 1.7 %

Ares Capital stock traded up $0.35 during midday trading on Thursday, reaching $21.10. The company's stock had a trading volume of 3,620,082 shares, compared to its average volume of 4,082,554. The stock has a market capitalization of $14.44 billion, a P/E ratio of 8.61 and a beta of 0.77. Ares Capital has a 52-week low of $18.26 and a 52-week high of $23.84. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.21 and a quick ratio of 1.21. The stock's 50-day simple moving average is $21.64 and its 200-day simple moving average is $21.93.

Ares Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.10%. The ex-dividend date of this dividend was Friday, March 14th. Ares Capital's dividend payout ratio (DPR) is presently 78.37%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. UBS Group dropped their target price on Ares Capital from $22.00 to $21.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Royal Bank of Canada increased their price target on shares of Ares Capital from $23.00 to $24.00 and gave the company an "outperform" rating in a report on Friday, February 7th. JPMorgan Chase & Co. lowered their price target on Ares Capital from $24.50 to $22.00 and set an "overweight" rating for the company in a report on Thursday. Keefe, Bruyette & Woods lowered their price target on shares of Ares Capital from $23.00 to $22.00 and set an "outperform" rating for the company in a report on Tuesday, April 8th. Finally, Raymond James lowered shares of Ares Capital from an "outperform" rating to a "market perform" rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $22.33.

Ares Capital Company Profile

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors.