Ares Management (ARES) Projected to Post Quarterly Earnings on Monday

Ares Management (NYSE:ARES) is projected to announce its Q1 2025 earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $914.00 million for the quarter.

Ares Management (NYSE:ARES) last posted its quarterly earnings data on Wednesday, February 5th. The asset manager reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.12). Ares Management had a return on equity of 16.64% and a net margin of 11.35%. On average, analysts expect Ares Management to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Ares Management Stock Performance

Shares of NYSE ARES opened at $157.46 on Friday. The stock’s 50-day moving average is $146.89 and its 200 day moving average is $167.70. The stock has a market cap of $49.66 billion, a price-to-earnings ratio of 77.57, a P/E/G ratio of 1.28 and a beta of 1.40. Ares Management has a 1-year low of $110.63 and a 1-year high of $200.49. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.53.

Ares Management Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $1.12 per share. The ex-dividend date of this dividend was Monday, March 17th. This is an increase from Ares Management’s previous quarterly dividend of $0.93. This represents a $4.48 annualized dividend and a dividend yield of 2.85%. Ares Management’s dividend payout ratio (DPR) is 183.25%.

Insider Buying and Selling at Ares Management

In related news, Director Ashish Bhutani acquired 10,000 shares of the stock in a transaction on Tuesday, March 11th. The stock was acquired at an average price of $141.33 per share, for a total transaction of $1,413,300.00. Following the completion of the purchase, the director now owns 22,905 shares of the company’s stock, valued at $3,237,163.65. This represents a 77.49 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael J. Arougheti sold 110,845 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $153.17, for a total value of $16,978,128.65. Following the completion of the sale, the chief executive officer now directly owns 1,400,000 shares in the company, valued at approximately $214,438,000. This represents a 7.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 329,113 shares of company stock valued at $54,409,915. 0.52% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ARES has been the topic of several recent research reports. TD Cowen reduced their target price on shares of Ares Management from $216.00 to $161.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Wells Fargo & Company decreased their price objective on Ares Management from $187.00 to $156.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Bank of America dropped their target price on Ares Management from $221.00 to $201.00 and set a “buy” rating for the company in a report on Friday, April 4th. Citizens Jmp raised Ares Management from a “market perform” rating to an “outperform” rating and set a $165.00 price target on the stock in a research note on Tuesday, April 8th. Finally, Barclays dropped their price objective on Ares Management from $217.00 to $142.00 and set an “overweight” rating for the company in a research note on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $165.00.

About Ares Management

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.