NYSE - Delayed Quote USD

Ares Management Corporation (ARES)

129.53 -1.17 (-0.90%)
At close: April 19 at 4:00 PM EDT
129.01 -0.52 (-0.40%)
After hours: April 19 at 4:44 PM EDT
Loading Chart for ARES
DELL
  • Previous Close 130.70
  • Open 130.13
  • Bid --
  • Ask --
  • Day's Range 128.65 - 131.79
  • 52 Week Range 77.97 - 139.48
  • Volume 1,053,196
  • Avg. Volume 1,080,874
  • Market Cap (intraday) 40.349B
  • Beta (5Y Monthly) 1.19
  • PE Ratio (TTM) 53.52
  • EPS (TTM) 2.42
  • Earnings Date May 2, 2024
  • Forward Dividend & Yield 3.24 (2.48%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 145.44

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.

www.aresmgmt.com

2,850

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ARES

Performance Overview: ARES

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ARES
9.68%
S&P 500
4.14%

1-Year Return

ARES
55.41%
S&P 500
19.55%

3-Year Return

ARES
154.87%
S&P 500
18.68%

5-Year Return

ARES
531.96%
S&P 500
70.99%

Compare To: ARES

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: ARES

Valuation Measures

As of 4/18/2024
  • Market Cap

    25.27B

  • Enterprise Value

    39.53B

  • Trailing P/E

    54.01

  • Forward P/E

    28.09

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.13

  • Price/Book (mrq)

    13.35

  • Enterprise Value/Revenue

    7.93

  • Enterprise Value/EBITDA

    16.30

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    13.06%

  • Return on Assets (ttm)

    2.46%

  • Return on Equity (ttm)

    23.37%

  • Revenue (ttm)

    3.63B

  • Net Income Avi to Common (ttm)

    453.02M

  • Diluted EPS (ttm)

    2.42

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.5B

  • Total Debt/Equity (mrq)

    313.78%

  • Levered Free Cash Flow (ttm)

    459.18M

Research Analysis: ARES

Analyst Price Targets

129.00
145.44 Average
129.53 Current
160.00 High
 

Fair Value

Overvalued
% Return
129.53 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

People Also Watch