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Ares Management (ARES)
NYSE:ARES
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ARES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$96.00 - $155.65
Previous Close$152.35
Volume186.09K
Average Volume (3M)1.12M
Market Cap
$48.91B
Enterprise Value$47.99B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$304.20M
Price to Earnings (P/E)77.2
Beta1.51
Next Earnings
Oct 24, 2024EPS Estimate
$0.95Last Dividend Ex-Date
Sep 16, 2024Dividend Yield2.23%
Share Statistics
EPS (TTM)1.98
Shares Outstanding312,993,563
10 Day Avg. Volume872,177
30 Day Avg. Volume1,116,111
Standard Deviation0.09
R-Squared0.48
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)23.84
Price to Sales (P/S)11.01
Price to Cash Flow (P/CF)27.70
P/FCF Ratio27.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.90
Enterprise Value/Gross Profit13.71
Enterprise Value/Ebitda27.16
Forecast
1Y Price Target
$147.50Price Target Upside-5.61% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Ares Management News
Bulls Say, Bears Say
Bulls Say
Asset Under Management GrowthRecent AUM increases have been most significant for the non-traded business development company (BDC), which rose to $7.9B in just 18 months.
Client AcquisitionARES has significantly increased efforts to attract more business from clients in insurance and retail channels.
Financial PerformanceManagement generated $4.5B in 2Q, up approximately 40% quarter-over-quarter, and comparing favorably to peers.
Bears Say
Earnings EstimatesLowering 3Q24 EPS by -2.7% to $0.93, 2024e EPS by -2.9% to $5.90), post 2Q24 earnings results.
Growth PotentialThe ability to surprise on the upside in already large, strong performing businesses or to quickly develop a 'needle moving' new growth driver is questioned.
ValuationThe stock ostensibly screens rich on a price-to-earnings basis, trading at a higher multiple compared to peers.
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Ownership Overview
7.28% Insiders
37.93% Mutual Funds
39.77% Other Institutional Investors
15.02% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ARES FAQ
What was Ares Management’s price range in the past 12 months?
Ares Management lowest stock price was $96.00 and its highest was $155.65 in the past 12 months.
What is Ares Management’s market cap?
Currently, no data Available
When is Ares Management’s upcoming earnings report date?
Ares Management’s upcoming earnings report date is Oct 24, 2024 which is in 35 days.
How were Ares Management’s earnings last quarter?
Ares Management released its earnings results on Aug 02, 2024. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.981 by $0.009.
Is Ares Management overvalued?
According to Wall Street analysts Ares Management’s price is currently Overvalued.
Does Ares Management pay dividends?
Ares Management pays a Quarterly dividend of $0.93 which represents an annual dividend yield of 2.23%. See more information on Ares Management dividends here
What is Ares Management’s EPS estimate?
Ares Management’s EPS estimate is $0.95.
How many shares outstanding does Ares Management have?
Ares Management has 196,178,860 shares outstanding.
What happened to Ares Management’s price movement after its last earnings report?
Ares Management reported an EPS of $0.99 in its last earnings report, beating expectations of $0.981. Following the earnings report the stock price went down -6.639%.
Which hedge fund is a major shareholder of Ares Management?
Among the largest hedge funds holding Ares Management’s share is Lone Pine Capital LLC. It holds Ares Management’s shares valued at 210M.
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Ares Management Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$147.50 (-5.61% Downside)
$147.50 (-5.61% Downside)
Blogger Sentiment
Bullish
ARES Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.57%
12-Months-Change
Fundamentals
Return on Equity
20.16%
Trailing 12-Months
Asset Growth
4.64%
Trailing 12-Months
Company Description
Ares Management
Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was by founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal on November 15, 2013 and is headquartered in Los Angeles, CA.
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ARES Company Deck
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ARES Earnings Call
Q2 2024
0:00 / 0:00
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ARES Stock 12 Month Forecast
Average Price Target
$147.50
▼(-5.61% Downside)
Technical Analysis
Best Analysts Covering ARES
1 Year
1 Year Success Rate
18/18 ratings generated profit
1 Year Average Return
+42.24%
assigned a buy rating 9 days ago
Copying Benjamin Budish's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +42.24% per trade.
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