|Bid||40.76 x 1000|
|Ask||40.77 x 1100|
|Day's Range||39.88 - 41.05|
|52 Week Range||20.20 - 41.88|
|Beta (5Y Monthly)||1.26|
|PE Ratio (TTM)||104.37|
|Earnings Date||Oct 29, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||1.60 (3.94%)|
|Ex-Dividend Date||Jun 15, 2020|
|1y Target Est||44.75|
Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financial Officer, Michael McFerran, are scheduled to present at the UBS Virtual Financial Services Conference on Wednesday, August 12, 2020 at 10:00 am EDT.
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that funds managed by its Infrastructure and Power strategy have completed the sale of the 525 MW Aviator Wind project, which was owned, constructed and managed by Ares and developed by Apex Clean Energy. In two recent transactions, Ares sold a majority stake in the project to CMS Energy and a minority interest to Kansai Electric Power Co. Ares retains a small minority interest in the project. Terms of the transaction were not disclosed.
Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively "Ares") closed approximately $1.7 billion in commitments across 24 transactions during the second quarter and approximately $4.4 billion in commitments across 64 transactions in the year-to-date period.