Ares Management (ARES) Expected to Announce Earnings on Monday

Ares Management (NYSE:ARES - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect Ares Management to post earnings of $0.99 per share and revenue of $914.00 million for the quarter.

Ares Management (NYSE:ARES - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The asset manager reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.12). Ares Management had a net margin of 11.35% and a return on equity of 16.64%. On average, analysts expect Ares Management to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Ares Management Price Performance

NYSE:ARES opened at $153.86 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.05 and a quick ratio of 1.05. Ares Management has a one year low of $110.63 and a one year high of $200.49. The company has a fifty day moving average price of $149.05 and a 200 day moving average price of $168.08. The stock has a market cap of $48.53 billion, a P/E ratio of 75.79, a PEG ratio of 1.28 and a beta of 1.32.

Ares Management Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $1.12 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 2.91%. This is a positive change from Ares Management's previous quarterly dividend of $0.93. Ares Management's dividend payout ratio is currently 183.25%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Morgan Stanley cut their price objective on shares of Ares Management from $197.00 to $152.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. StockNews.com lowered shares of Ares Management from a "hold" rating to a "sell" rating in a research report on Wednesday, January 8th. JMP Securities raised shares of Ares Management from a "market perform" rating to a "market outperform" rating and set a $165.00 price objective for the company in a research report on Tuesday, April 8th. Citizens Jmp raised shares of Ares Management from a "market perform" rating to an "outperform" rating and set a $165.00 price objective for the company in a research report on Tuesday, April 8th. Finally, TD Cowen cut their price objective on shares of Ares Management from $216.00 to $161.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $165.00.

Insiders Place Their Bets

In other Ares Management news, CEO Michael J. Arougheti sold 110,845 shares of Ares Management stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $153.17, for a total value of $16,978,128.65. Following the sale, the chief executive officer now owns 1,400,000 shares of the company's stock, valued at $214,438,000. This trade represents a 7.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Bennett Rosenthal sold 69,809 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $161.01, for a total value of $11,239,947.09. Following the transaction, the chairman now directly owns 30,191 shares of the company's stock, valued at $4,861,052.91. This represents a 69.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 329,113 shares of company stock worth $54,409,915. Company insiders own 0.52% of the company's stock.

About Ares Management

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.

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