Free Trial
NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

$137.45
-3.60 (-2.55%)
(As of 09/6/2024 ET)
Today's Range
$136.12
â–Ľ
$141.56
50-Day Range
$133.74
â–Ľ
$153.21
52-Week Range
$96.00
â–Ľ
$155.53
Volume
981,195 shs
Average Volume
1.13 million shs
Market Capitalization
$42.58 billion
P/E Ratio
61.64
Dividend Yield
2.71%
Price Target
$138.92

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.1% Upside
$138.92 Price Target
Short Interest
Healthy
1.36% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.79mentions of Ares Management in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$100.43 M Sold Last Quarter
Proj. Earnings Growth
39.76%
From $4.15 to $5.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Finance Sector

198th out of 871 stocks

Investment Advice Industry

17th out of 51 stocks

ARES stock logo

About Ares Management Stock (NYSE:ARES)

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.

ARES Stock Price History

ARES Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Private equity spoils of war bound to spread again
Ares Management: A Booming Giant With A Price Tag To Match
Ares Management Co. (NYSE:ARES) Short Interest Update
Ares Management Co. (NYSE:ARES) CEO Sells $2,178,766.44 in Stock
Ares Management Co. (NYSE:ARES) CEO Sells $4,014,624.68 in Stock
See More Headlines
Receive ARES Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ares Management and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
8/02/2024
Today
9/07/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Employees
2,850
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$138.92
High Stock Price Target
$162.00
Low Stock Price Target
$118.00
Potential Upside/Downside
+1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
39.06%

Debt

Sales & Book Value

Annual Sales
$4.65 billion
Cash Flow
$2.89 per share
Book Value
$16.60 per share

Miscellaneous

Free Float
306,097,000
Market Cap
$42.58 billion
Optionable
Optionable
Beta
1.22

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

Should I Buy Ares Management Stock? ARES Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ares Management Co.:

  • Ares Management Co. beat the consensus EPS estimate for the quarter, indicating strong financial performance.
  • The company has a return on equity of 21.22%, showcasing efficient utilization of shareholder equity.
  • Ares Management Co. announced a quarterly dividend of $0.93 per share, providing potential income for investors.
  • Institutional investors, such as Curated Wealth Partners LLC and Massachusetts Financial Services Co. MA, have significantly increased their stakes in the company, reflecting confidence in its future prospects.
  • Ares Management Co. has a dividend yield of 2.57%, offering investors a return on their investment through dividends.

Cons

Investors should be bearish about investing in Ares Management Co. for these reasons:

  • Analysts have issued mixed ratings on Ares Management Co., with one sell rating and an average rating of "Hold," indicating uncertainty in the company's future performance.
  • The company's revenue for the quarter was below analyst estimates, potentially signaling challenges in revenue generation.
  • Ares Management Co.'s stock price has been fluctuating, with recent trading down 0.3%, suggesting volatility in the market perception of the company.
  • The dividend payout ratio (DPR) of 166.82% raises concerns about the sustainability of the dividend payments in relation to the company's earnings.
  • Recent insider selling activity by Chairman Bennett Rosenthal may indicate a lack of confidence in the company's future growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Ares Management pros and cons to contact@marketbeat.com.

ARES Stock Analysis - Frequently Asked Questions

How have ARES shares performed this year?

Ares Management's stock was trading at $118.92 at the beginning of 2024. Since then, ARES stock has increased by 15.6% and is now trading at $137.45.
View the best growth stocks for 2024 here
.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) issued its quarterly earnings data on Friday, August, 2nd. The asset manager reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. The asset manager had revenue of $788.68 million for the quarter, compared to the consensus estimate of $860.09 million. Ares Management had a trailing twelve-month return on equity of 20.46% and a net margin of 12.53%.

What is Michael Arougheti's approval rating as Ares Management's CEO?

18 employees have rated Ares Management Chief Executive Officer Michael Arougheti on Glassdoor.com. Michael Arougheti has an approval rating of 100% among the company's employees. This puts Michael Arougheti in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Ares Management's major shareholders?

Top institutional shareholders of Ares Management include Massachusetts Financial Services Co. MA (1.63%), LRI Investments LLC (0.91%), American Century Companies Inc. (0.75%) and Principal Financial Group Inc. (0.70%). Insiders that own company stock include Ares Management Llc, Corporate Opportunities F Ares, Michael J Arougheti, R Kipp Deveer, Ryan Berry, Aghili Naseem Sagati, Bennett Rosenthal, Judy D Olian, Antoinette Cook Bush, Ashish Bhutani, David B Kaplan, Ares Capital Management Ii Llc and Antony P Ressler.
View institutional ownership trends
.

How do I buy shares of Ares Management?

Shares of ARES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ares Management own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ares Management investors own include Intel (INTC), AT&T (T), General Electric (GE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Wells Fargo & Company (WFC) and Verizon Communications (VZ).

This page (NYSE:ARES) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners