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NYSE:ARES

Ares Management (ARES) Stock Price, News & Analysis

$133.50
+0.22 (+0.17%)
(As of 01:09 PM ET)
Today's Range
$131.06
$134.05
50-Day Range
$114.17
$137.06
52-Week Range
$77.97
$139.48
Volume
244,593 shs
Average Volume
969,710 shs
Market Capitalization
$41.33 billion
P/E Ratio
55.86
Dividend Yield
2.79%
Price Target
$123.45

Ares Management MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
7.5% Downside
$123.45 Price Target
Short Interest
Healthy
1.65% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
-0.03mentions of Ares Management in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$66.11 M Sold Last Quarter
Proj. Earnings Growth
30.87%
From $4.60 to $6.02 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.

4.81 out of 5 stars

Finance Sector

45th out of 858 stocks

Investment Advice Industry

3rd out of 47 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

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Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
KBS Announces Recapitalization
See More Headlines
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Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
2/08/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Employees
2,850
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$123.45
High Stock Price Target
$157.00
Low Stock Price Target
$96.00
Potential Upside/Downside
-7.4%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$474.33 million
Pretax Margin
36.70%

Debt

Sales & Book Value

Annual Sales
$3.63 billion
Cash Flow
$3.07 per share
Book Value
$14.55 per share

Miscellaneous

Free Float
163,036,000
Market Cap
$41.26 billion
Optionable
Optionable
Beta
1.18

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Key Executives

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ares Management was last updated on Monday, March 25, 2024 at 11:49 PM.

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.

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 brokers have issued 1 year price targets for Ares Management's stock. 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 year. This suggests that the stock has a possible downside of 7.5%.
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 beginning of the year. Since then, ARES stock has increased by 12.3% and is now trading at $133.50.
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 shares of the stock are short sold.
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) issued its earnings results on Thursday, February, 8th. The asset manager reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.11. The asset manager earned $1.05 billion during the quarter, compared to analyst estimates of $862.71 million. Ares Management had a net margin of 13.06% and a trailing twelve-month return on equity of 21.01%. During the same period in the previous year, the business earned $1.21 EPS.

How often does Ares Management pay dividends? What is the dividend yield for Ares Management?

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 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase 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 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 a variety of retail and institutional investors. Top institutional shareholders 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.

This page (NYSE:ARES) was last updated on 3/28/2024 by MarketBeat.com Staff

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