NYSE:ARES Ares Management (ARES) Stock Price, News & Analysis → A lot of people are making this costly mistake (From WealthPress) (Ad) Free ARES Stock Alerts $132.96 -0.32 (-0.24%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$131.06▼$134.0550-Day Range$114.17▼$137.0652-Week Range$77.97▼$139.48Volume784,503 shsAverage Volume978,778 shsMarket Capitalization$41.16 billionP/E Ratio55.63Dividend Yield2.80%Price Target$123.45 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Ares Management alerts: Email Address Ares Management MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside7.1% Downside$123.45 Price TargetShort InterestHealthy1.65% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.03Upright™ Environmental ScoreNews Sentiment-0.01Based on 32 Articles This WeekInsider TradingSelling Shares$72.55 M Sold Last QuarterProj. Earnings Growth30.87%From $4.60 to $6.02 Per ShareSee Full Details Hide Full Details 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.4.82 out of 5 starsFinance Sector63rd out of 849 stocksInvestment Advice Industry5th out of 47 stocks 2.2 Analyst's Opinion Consensus RatingAres Management has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $123.45, Ares Management has a forecasted downside of 7.1% from its current price of $132.96.Amount of Analyst CoverageAres Management has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.65% of the float of Ares Management has been sold short.Short Interest Ratio / Days to CoverAres Management has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ares Management has recently increased by 10.37%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAres Management pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAres Management has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Ares Management is 155.65%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Ares Management will have a dividend payout ratio of 61.79% next year. This indicates that Ares Management will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAres Management has received a 18.93% net impact score from Upright. Ares Management seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Corporate credit granting", "Consumer credit granting", "Real estate funds investing in residential care centers", and "Real estate funds investing in industrial, logistics and warehousing buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Ares Management is -1.03. Previous Next 1.7 News and Social Media Coverage News SentimentAres Management has a news sentiment score of -0.01. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Ares Management this week, compared to 10 articles on an average week.Search Interest25 people have searched for ARES on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Ares Management to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $72,551,374.00 in company stock.Percentage Held by Insiders47.34% 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 Institutions50.03% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Ares Management are expected to grow by 30.87% in the coming year, from $4.60 to $6.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ares Management is 55.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Ares Management is 55.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 63.07.Price to Earnings Growth RatioAres Management has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioAres Management has a P/B Ratio of 9.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaCrypto Market Preps For Trillions Worth of Inflows! 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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.Read More ARES Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARES Stock News HeadlinesMarch 27, 2024 | insidertrades.comAres Management Co. (NYSE:ARES) CEO Sells $601,436.88 in StockMarch 23, 2024 | insidertrades.comAres Management Co. (NYSE:ARES) Chairman Sells $2,059,612.32 in StockMarch 29, 2024 | Crypto Swap Profits (Ad)Grab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 20, 2024 | insidertrades.comInsider Selling: Ares Management Co. (NYSE:ARES) Chairman Sells 22,103 Shares of StockMarch 20, 2024 | insidertrades.comAres Management Co. (NYSE:ARES) Chairman Antony P. Ressler Sells 38,915 SharesMarch 19, 2024 | insidertrades.comInsider Selling: Ares Management Co. (NYSE:ARES) CEO Sells 74,585 Shares of StockMarch 28, 2024 | msn.comNew Orioles owners buy fans beer as Opening Day introductionMarch 28, 2024 | msn.comMorgan Stanley Capital Partners wraps up sale of World 50March 29, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 28, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: S&P Global (SPGI), Ares Management (ARES) and American International Group (AIG)March 27, 2024 | benzinga.comPeering Into Ares Management's Recent Short InterestMarch 27, 2024 | forbes.comLeadership Strategy In A Time Of Geopolitical Unrest: The Contours Of Duty Of CareMarch 27, 2024 | americanbankingnews.comAres Management Co. (NYSE:ARES) CEO Michael J. Arougheti Sells 4,488 SharesMarch 27, 2024 | americanbankingnews.comAres Management Co. (NYSE:ARES) Chairman Antony P. Ressler Sells 18,881 SharesMarch 26, 2024 | seekingalpha.comAres Capital: Forget Side Hustles, Buy This 10% Yield InsteadMarch 25, 2024 | theglobeandmail.comAlternative strategies find a home in investors’ portfoliosMarch 25, 2024 | finance.yahoo.comKBS Announces RecapitalizationMarch 24, 2024 | investing.comAres Management chairman sells over $3 million in company stockMarch 24, 2024 | americanbankingnews.comDavid B. Kaplan Sells 19,999 Shares of Ares Management Co. (NYSE:ARES) StockMarch 24, 2024 | americanbankingnews.comMichael J. Arougheti Sells 19,749 Shares of Ares Management Co. (NYSE:ARES) StockMarch 24, 2024 | americanbankingnews.comAntony P. Ressler Sells 18,223 Shares of Ares Management Co. (NYSE:ARES) StockMarch 24, 2024 | americanbankingnews.comAntony P. Ressler Sells 15,304 Shares of Ares Management Co. (NYSE:ARES) StockMarch 24, 2024 | americanbankingnews.comMichael J. Arougheti Sells 15,350 Shares of Ares Management Co. (NYSE:ARES) StockMarch 22, 2024 | bloomberg.comAres’ Row With Indonesia Debtors Over $200 Million Loan DelayedMarch 21, 2024 | investing.comAres Management co-founder sells over $10 million in stockMarch 20, 2024 | investing.comAres management CEO Michael J. Arougheti sells $15.1M in stockMarch 20, 2024 | investors.comInvestors Get Two Chances To Buy This Financial StockSee 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. Email Address Company Calendar Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Last Earnings2/08/2024Ex-Dividend for 3/29 Dividend3/14/2024Today3/28/2024Dividend Payable3/29/2024Next Earnings (Estimated)4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryN/A Current SymbolNYSE:ARES CUSIPN/A CIK1176948 Webwww.aresmgmt.com Phone(310) 201-4100Fax310-201-4170Employees2,850Year Founded1997Price Target and Rating Average Stock Price Target$123.45 High Stock Price Target$157.00 Low Stock Price Target$96.00 Potential Upside/Downside-7.2%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.39 Trailing P/E Ratio55.64 Forward P/E Ratio28.91 P/E Growth0.98Net Income$474.33 million Net Margins13.06% Pretax Margin36.70% Return on Equity21.01% Return on Assets3.73% Debt Debt-to-Equity Ratio0.69 Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$3.63 billion Price / Sales11.34 Cash Flow$3.06 per share Price / Cash Flow43.52 Book Value$14.55 per share Price / Book9.14Miscellaneous Outstanding Shares309,600,000Free Float163,036,000Market Cap$41.17 billion OptionableOptionable Beta1.18 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Antony Peter Ressler (Age 63)Co-Founder & Executive Chairman Mr. Michael J. Arougheti (Age 52)Co-Founder, CEO, President & Director Comp: $20.87MMr. David B. Kaplan (Age 57)Co-Founder, Partner & Director Comp: $8.56MMr. Bennett Rosenthal (Age 61)Co-Founder, Partner, Chairman of Private Equity Group & Director Comp: $8.56MMr. Jarrod Morgan Phillips (Age 46)Partner & CFO Comp: $1.49MMr. Robert Kipp DeVeer III (Age 51)Director, Partner, Head of Ares Credit Group & Director and CEO of Ares Capital Corporation Comp: $25.32MMs. Jana Markowicz (Age 42)Chief Operating Officer of U.S. Direct Lending Mr. Sandesh HegdePartner, Global Chief Information Officer, COO of Ares India & President of AOISSCMr. Mark Charles Infanger CPA (Age 52)MD and Chief Accounting Officer for Finance, Accounting & Operations Mr. Carl G. Drake C.F.A.Partner, Head of Public Markets Investor Relations & Corporate CommunicationsMore ExecutivesKey CompetitorsAmeriprise FinancialNYSE:AMPBlue Owl CapitalNYSE:OWLApollo Global ManagementNYSE:APOBrookfield Asset ManagementNYSE:BAMThe Carlyle GroupNASDAQ:CGView All CompetitorsInsiders & InstitutionsAntony P ResslerSold 48,572 sharesTotal: $6.45 M ($132.69/share)Michael J AroughetiSold 4,488 sharesTotal: $601,436.88 ($134.01/share)Antony P ResslerSold 18,881 sharesTotal: $2.53 M ($133.96/share)PNC Financial Services Group Inc.Bought 1,772 shares on 3/22/2024Ownership: 0.013%Michael J AroughetiSold 15,350 sharesTotal: $2.07 M ($134.58/share)View All Insider TransactionsView All Institutional Transactions 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. has shown consistent growth in revenue and earnings, beating analyst estimates in recent quarters. This indicates a strong financial performance and potential for future profitability. The company has a diversified portfolio and operates as an alternative asset manager, providing exposure to different investment opportunities beyond traditional stocks and bonds. Ares Management Co. recently increased its dividend, signaling confidence in its financial stability and commitment to rewarding shareholders. The current dividend yield of 2.74% is attractive for income-seeking investors. Analysts have given Ares Management Co. a positive rating, with some raising price targets, indicating a favorable outlook for the company's stock performance in the future. With a market cap of $41.78 billion, Ares Management Co. is a well-established player in the asset management industry, offering stability and credibility to investors. Cons Investors should be bearish about investing in Ares Management Co. for these reasons: As an asset manager, Ares Management Co. is subject to market risks and fluctuations, which can impact the performance of its investment funds and ultimately, shareholder returns. The stock price of Ares Management Co. has experienced volatility in the past, with fluctuations in the market affecting its valuation. Investors should be prepared for potential price swings. While the company has shown growth, there may be regulatory changes or economic conditions that could impact its operations and financial results, leading to uncertainties for investors. Competition in the asset management industry is intense, and Ares Management Co. faces competition from both traditional and alternative investment firms, which could affect its market position and profitability. Investing in Ares Management Co. requires a thorough understanding of alternative asset classes and investment strategies, which may not be suitable for all types of investors seeking more traditional investment options. 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 Monday, March 25, 2024. Please send any questions or comments about these Ares Management pros and cons to contact@marketbeat.com. ARES Stock Analysis - Frequently Asked Questions Should I buy or sell Ares Management stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ARES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARES, but not buy additional shares or sell existing shares. View ARES analyst ratings or view top-rated stocks. What is Ares Management's stock price target for 2024? 11 brokerages have issued 12 month price objectives for Ares Management's shares. Their ARES share price targets range from $96.00 to $157.00. On average, they predict the company's share price to reach $123.45 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View analysts price targets for ARES or view top-rated stocks among Wall Street analysts. How have ARES shares performed in 2024? Ares Management's stock was trading at $118.92 at the start of the year. Since then, ARES stock has increased by 11.8% and is now trading at $132.96. View the best growth stocks for 2024 here. Are investors shorting Ares Management? Ares Management saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,660,000 shares, an increase of 10.4% from the February 29th total of 2,410,000 shares. Based on an average daily trading volume, of 935,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.7% of the company's shares are sold short. View Ares Management's Short Interest. When is Ares Management's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our ARES earnings forecast. How were Ares Management's earnings last quarter? Ares Management Co. (NYSE:ARES) released its quarterly earnings data on Thursday, February, 8th. The asset manager reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.11. The asset manager had revenue of $1.05 billion for the quarter, compared to analyst estimates of $862.71 million. Ares Management had a trailing twelve-month return on equity of 21.01% and a net margin of 13.06%. During the same quarter in the prior year, the business posted $1.21 earnings per share. How often does Ares Management pay dividends? What is the dividend yield for Ares Management? Ares Management declared a quarterly dividend on Thursday, February 8th. Investors of record on Friday, March 15th will be given a dividend of $0.93 per share on Friday, March 29th. This represents a $3.72 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.77. Read our dividend analysis for ARES. Is Ares Management a good dividend stock? Ares Management (NYSE:ARES) pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.78%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 155.65%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ARES will have a dividend payout ratio of 61.79% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ARES. What ETFs hold Ares Management's stock? ETFs with the largest weight of Ares Management (NYSE:ARES) stock in their portfolio include Invesco Dorsey Wright Financial Momentum ETF (PFI), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), BNY Mellon Innovators ETF (BKIV), SPDR S&P Capital Markets ETF (KCE), FIS Biblically Responsible Risk Managed ETF (PRAY), Global X Founder-Run Companies ETF (BOSS), WisdomTree U.S. MidCap Dividend Fund (DON) and Invesco Dorsey Wright Momentum ETF (PDP). 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. 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 major shareholders? Ares Management's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.34%), Vanguard Group Inc. (5.29%), Wellington Management Group LLP (5.16%), Price T Rowe Associates Inc. MD (1.34%), Franklin Resources Inc. (1.26%) and Boston Partners (0.95%). Insiders that own company stock include Aghili Naseem Sagati, Antoinette Cook Bush, Antony P Ressler, Ares Capital Management Ii Llc, Ares Management Llc, Ashish Bhutani, Bennett Rosenthal, Corporate Opportunities F Ares, David B Kaplan, Judy D Olian, Michael J Arougheti, Michael R Mcferran, R Kipp Deveer and Ryan Berry. 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. 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