Ares Management (ARES) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ares Management in the last twelve months. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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.
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12 Wall Street analysts have issued 1-year price objectives for Ares Management's stock. Their ARES share price targets range from $96.00 to $160.00. On average, they predict the company's stock price to reach $126.17 in the next twelve months. This suggests that the stock has a possible downside of 3.1%.
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Ares Management's stock was trading at $118.92 on January 1st, 2024. Since then, ARES shares have increased by 9.5% and is now trading at $130.22.
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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 days-to-cover ratio is presently 2.8 days. Approximately 1.7% of the company's shares are short sold.
View Ares Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ARES earnings forecast.

Ares Management will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2558.

Ares Management Co. (NYSE:ARES) announced its quarterly earnings results on Thursday, February, 8th. The asset manager reported $1.21 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 analysts' expectations 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 period in the previous year, the company posted $1.21 earnings per share.

Ares Management announced a quarterly dividend on Thursday, February 8th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.93 per share on Friday, March 29th. This represents a $3.72 annualized dividend and a dividend yield of 2.86%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.77.
Read our dividend analysis for ARES.

Ares Management (NYSE:ARES) pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.83%. 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 61.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARES.

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), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), SPDR S&P Capital Markets ETF (KCE), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Global X Founder-Run Companies ETF (BOSS) and Invesco Dorsey Wright Momentum ETF (PDP).

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.

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).

Ares Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Curated Wealth Partners LLC (0.00%), Perpetual Ltd (0.21%), Overbrook Management Corp (0.03%), Wealth Enhancement Advisory Services LLC (0.02%), Dynamic Advisor Solutions LLC (0.02%) and Signet Financial Management LLC (0.01%). 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.
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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.
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