- Barrons.com•3 days ago
Business development companies (BDCs), publicly traded companies that make loans to mid-sized firms, have had a good run since mid-summer, although they've been a little wobbly lately as investors worry about the impact of rising interest rates. Here is his summary: Ares Capital (ARCC, $15.30, Buy) - ARCC still lags the index's total return over the past 6 months and continues to trade below its historical average valuation, right at NAV. In our view, the market under-appreciates the future growth in earnings and dividends, implied by the ACAS acquisition, which should come to a shareholder vote on December 15. TPG Specialty Lending (TSLX, $17.69, Buy) - TPG also lags the industry on a total return basis but is trading at the slight premium to its historical NAV.
- 24/7 Wall St.•6 days ago
These stocks have outstanding upside potential and far less downside than high-flying momentum stocks. Plus, they could very well help investors catch up in their own portfolios.
- Business Wire•9 days agoAres Capital Corporation and American Capital, Ltd. To Hold Stockholder Meetings for Adoption of Merger on December 15, 2016
Ares Capital Corporation and American Capital, Ltd. have announced the scheduling of meetings of their respective stockholders to be held on December 15, 2016 to seek adoption of the merger agreement, which is necessary to complete the mergers, and approval of certain other matters from such stockholders.
Ares Capital Corporation (ARCC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||15.47 x 3100|
|Ask||15.48 x 1600|
|Day's Range||15.36 - 15.56|
|52wk Range||12.31 - 16.43|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||11.94|
|Avg Vol (3m)||1,974,695|
|Dividend & Yield||N/A (N/A)|