Ares Management (ARES) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $169.44 to $172.64
• 50-Day Range: $141.46 to $172.49
• 52-Week Range: $105.89 to $175.74
• Volume: 1.29 million shs
• Average Volume: 1.16 million shs
• Market Capitalization: $53.81 billion
• P/E Ratio: 79.21
• Dividend Yield: 2.16%
• Price Target: $166.36
• Consensus Rating: Moderate Buy

Ares Management Stock Analysis - MarketRank™

Ares Management scored higher than 87% of companies evaluated by MarketBeat, and ranked 169th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ares Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ares Management has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 35.87%

Earnings Growth

Earnings for Ares Management are expected to grow by 35.87% in the coming year, from $4.07 to $5.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ares Management is 79.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ares Management is 79.21, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

Price to Earnings Growth Ratio

Ares Management has a PEG Ratio of 1.82. 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 11.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.25% of the outstanding shares of Ares Management have been sold short.

Short Interest Ratio / Days to Cover

Ares Management has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ares Management has recently increased by 3.45%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Ares Management pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ares Management does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ares Management is 171.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Ares Management will have a dividend payout ratio of 67.27% next year. This indicates that Ares Management will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -1.03

Percentage of Shares Shorted

1.25% of the outstanding shares of Ares Management have been sold short.

Short Interest Ratio / Days to Cover

Ares Management has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ares Management has recently increased by 3.45%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.03

News Sentiment

Ares Management has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Ares Management this week, compared to 11 articles on an average week.

Search Interest

Only 8 people have searched for ARES on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Ares Management to their MarketBeat watchlist in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

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 $96,538,104.00 in company stock.

Percentage Held by Insiders

41.89% 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

50.03% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 shares have increased by 44.5% and is now trading at $171.89.
View the best growth stocks for 2024 here.

How were Ares Management's earnings last quarter?

Ares Management Co. (NYSE:ARES) announced its quarterly earnings results on Friday, November, 1st. The asset manager reported $0.95 EPS for the quarter, topping the consensus estimate of $0.94 by $0.01. The asset manager had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $833.58 million. Ares Management had a net margin of 12.51% and a trailing twelve-month return on equity of 19.89%.

Who are Ares Management's major shareholders?

Top institutional investors of Ares Management include Wellington Management Group LLP (5.48%), FMR LLC (2.01%), Massachusetts Financial Services Co. MA (1.62%) and State Street Corp (1.22%). Insiders that own company stock include Ares Management Llc, Corporate Opportunities F Ares, R Kipp Deveer, Ryan Berry, Aghili Naseem Sagati, David B Kaplan, Bennett Rosenthal, Michael J Arougheti, Judy D Olian, Antoinette Cook Bush, Ashish Bhutani, 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 Chevron (CVX), Bristol-Myers Squibb (BMY), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 11/01/2024
• Today: 11/20/2024
• Ex-Dividend for 12/31 Dividend: 12/17/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:ARES
• CUSIP: N/A
• CIK: 1176948
• Web: www.aresmgmt.com
• Phone: (310) 201-4100
• Fax: 310-201-4170
• Employees: 2,850
• Year Founded: 1997

Price Target and Rating

• Average Stock Price Target: $166.36
• High Stock Price Target: $195.00
• Low Stock Price Target: $127.00
• Potential Upside/Downside: -2.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.17
• Trailing P/E Ratio: 78.88
• Forward P/E Ratio: 42.06
• P/E Growth: 1.82
• Net Income: $474.33 million
• Net Margins: 12.51%
• Pretax Margin: 36.92%
• Return on Equity: 19.89%
• Return on Assets: 3.95%

Debt

• Debt-to-Equity Ratio: 0.53
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $3.63 billion
• Price / Sales: 14.76
• Cash Flow: $3.15 per share
• Price / Cash Flow: 54.32
• Book Value: $14.55 per share
• Price / Book: 11.76

Miscellaneous

• Outstanding Shares: 313,060,000
• Free Float: 181,917,000
• Market Cap: $53.59 billion
• Optionable: Optionable
• Beta: 1.20