ARES - Ares Management Corporation
37.24 0.00 (0.00%)
After hours: 4:17PM EST
| Previous Close | 39.00 |
| Open | 39.09 |
| Bid | 37.21 x 800 |
| Ask | 37.23 x 800 |
| Day's Range | 37.07 - 39.21 |
| 52 Week Range | 22.17 - 41.88 |
| Volume | 946,642 |
| Avg. Volume | 473,373 |
| Market Cap | 8.619B |
| Beta (5Y Monthly) | 1.63 |
| PE Ratio (TTM) | 35.13 |
| EPS (TTM) | 1.06 |
| Earnings Date | Apr 29, 2020 - May 03, 2020 |
| Forward Dividend & Yield | 1.60 (4.10%) |
| Ex-Dividend Date | Mar 15, 2020 |
| 1y Target Est | 43.25 |
- Business Wire
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of January 31, 2020 is now available via www.arespublicfunds.com.
- Thomson Reuters StreetEvents
Edited Transcript of ARES earnings conference call or presentation 13-Feb-20 5:00pm GMT
Q4 2019 Ares Management Corp Earnings Call
- Business Wire
Ares Management Corporation Highlights Fourth Quarter and Full Year U.S. Direct Lending Commitments
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 $3.3 billion in commitments across 54 transactions during the fourth quarter and approximately $14.4 billion in commitments across 195 transactions for the full year 2019.
- Business Wire
Ares Management and Griffin Real Estate Acquire Majority Stake in Murapol
A joint venture between a fund managed by the Real Estate Group of Ares Management Corporation (NYSE: ARES) and Griffin Real Estate announced today the acquisition of a 98.04% stake in Murapol SA, a leading Polish property development company. The value of the deal was not disclosed.
- Zacks
Ares Management (ARES) Q4 Earnings and Revenues Beat Estimates
Ares Management (ARES) delivered earnings and revenue surprises of 34.00% and 14.03%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
Ares Management Corporation Appoints Kipp deVeer to the Board of Directors
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that Kipp deVeer has been appointed to its Board of Directors, effective immediately. Concurrently, John Kissick, now a retired Co-Founder of Ares, is stepping down from the Ares Board of Directors.
- Business Wire
Ares Management Corporation Reports Fourth Quarter and Full Year 2019 Results
Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and fiscal year ended December 31, 2019.
- Business Wire
Retired Ares Co-Founder John Kissick Steps Down from the Ares Management Board of Directors
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that John Kissick, now a retired Co-Founder of Ares, is stepping down from the Ares Board of Directors, effective immediately.
- Business Wire
Ares Management Provides $450 Million Credit Facility to Ag Resource Management
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that funds managed by its Alternative Credit strategy have provided a $450 million revolving asset-backed credit facility secured by agricultural production loans originated by Ag Resource Management ("ARM").
- Zacks
Ares Management (ARES) Reports Next Week: Wall Street Expects Earnings Growth
Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Business Wire
Teiki Benveniste Appointed as Head of Ares Australia Management
Ares Australia Management ("AAM") today announced that former Macquarie Group Senior Investment Specialist Teiki Benveniste has been appointed as the Head of newly-formed Ares Australia Management, which was formed as a strategic joint venture between Ares Management Corporation (NYSE: ARES) and Fidante Partners in October 2019 and aims to become one of Australia’s leading credit and alternative asset managers. As the new Head of AAM, Mr. Benveniste will be based in Sydney and will be responsible for building strong investor interest in the specialist asset manager and for increasing assets under management as the joint venture launches a range of investment strategies. Mr. Benveniste will also serve as a liaison with Fidante Partners, which will provide product distribution, local fund reporting and back office administration.
- Business Wire
Ares Management Corporation Provides $350 Million Credit Facility to Southern Management Corporation
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that funds managed by its Alternative Credit strategy have provided a $350 million revolving asset-backed credit facility secured by consumer loans to Southern Management Corporation ("Southern"), a portfolio company of Milestone Partners. The financing will repay Southern’s existing credit facility and support its acquisition of Heights Finance Corporation.
- Business Wire
Ares Management Acquires 2,900 Residential Units Across Germany
Ares Management Corporation (NYSE: ARES) announced today that a fund managed by its Real Estate Group has acquired a portfolio of 2,900 residential units across several German cities, including top metropolises such as Berlin, Leipzig, Dresden, Essen and Dortmund. The portfolio comprises large residential complexes as well as classic turn-of-the-century buildings, most of which are within close proximity of each location’s city centre. The portfolio’s total rentable area amounts to approximately 210,000 square meters.
- Business Wire
Ares Management and Dimension Renewable Energy Announce Plan to Develop and Build Portfolio of Utility-Scale Battery Energy Storage Projects
Ares Management Corporation (NYSE: ARES) and Dimension Renewable Energy announced today that Ares Infrastructure and Power is partnering with Dimension Renewable Energy on a portfolio of utility-scale battery energy storage projects located in New York State that are currently under development by Dimension. Upon completion of certain development milestones, funds managed by Ares Infrastructure and Power will acquire and construct the projects.
- Business Wire
Ares Management Corporation to Acquire Seven CLO Contracts Through a Managing Interest in Crestline Denali Capital
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that its subsidiary has entered into a definitive agreement to acquire a managing interest in a restructured Crestline Denali Capital ("Crestline Denali") that will result in the addition of seven collateralized loan obligation funds ("CLOs") totaling $2.6 billion of assets under management to the Ares portfolio. Crestline Denali, a Chicago area-based firm specializing in the management of non-investment grade bank loans, will retain its equity interest in its CLOs.
- Business Wire
Ares Management Appoints Naseem Sagati Aghili as General Counsel
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that Naseem Sagati Aghili has been appointed to the role of General Counsel and Secretary of Ares, effective January 1, 2020.
- Business Wire
Ares Management Corporation Announces Agreement to Acquire Majority Interest in SSG Capital Holdings Limited
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire a controlling interest in SSG Capital Holdings Limited and its operating subsidiaries (collectively, "SSG"), a leading Asian alternative asset management firm.
- Business Wire
Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Fiscal Year Ended December 31, 2019
Ares Management Corporation (NYSE:ARES) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2019 on Thursday, February 13, 2020 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 12:00 p.m. (Eastern Time) to discuss its fourth quarter and fiscal year ended 2019 financial results.
- Zacks
Ares Management (ARES) Moves to Buy: Rationale Behind the Upgrade
Ares Management (ARES) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Business Wire
Stephane Etroy Joins Ares Management Corporation as Head of European Private Equity
Ares Management Corporation (NYSE: ARES) announced today that Stephane Etroy is joining the firm as a Partner and Head of European Private Equity, effective February 6, 2020. Based in London, Mr. Etroy will lead Ares’ European Private Equity activities and seek to benefit from the firm’s strong European credit and real estate platforms. In addition, he will serve as a member of the Ares Private Equity Group’s Corporate Opportunities Investment Committee.
- PR Newswire
Valet Living Acquires Trojan Waste Solutions, Advances Presence In Texas
Valet Living, the only nationally recognized full-service amenities provider to the multifamily housing industry, today announced the acquisition of doorstep waste and recycling provider, Trojan Waste Solutions.
- Barrons.com
Apollo, Carlyle, and 3 Other Alternative-Asset Managers That Have Steadied Their Dividend Payouts
Income investors who’ve dismissed publicly traded alternative-asset managers like Apollo Global Management because of their inconsistent payouts might want to reconsider: Many of these companies have shifted their policies to focus more on steady dividend payments.
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Ares Management Corporation (ARES)
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […]
