|Bid||26.54 x 800|
|Ask||26.50 x 800|
|Day's Range||26.05 - 26.55|
|52 Week Range||16.18 - 26.56|
|Beta (3Y Monthly)||2.10|
|PE Ratio (TTM)||327.78|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||1.28 (5.51%)|
|1y Target Est||28.00|
Ares Management Corporation (ARES) announced today that its President and Chief Executive Officer, Michael Arougheti, is scheduled to participate in a fireside chat at the 2019 KBW Real Estate Finance and Asset Management Conference on Thursday, May 30, 2019 starting at 12:10 pm EDT in New York City. A live audio webcast of the event will be available in the Investor Resources section of Ares’ website at www.aresmgmt.com. For those unable to listen to the live audio webcast, a replay will be available on Ares’ website shortly after the event.
Glenhill Capital Advisors, which said it owns about 1% of Smart & Final, argues that the sale -- supported by the company’s majority shareholder, Ares Management Corp. -- disregards the opinions of minority holders that won’t get to vote on it. “I urge all minority stockholders not to tender into the offer,” Glenhill Capital principal and portfolio manager Glenn Krevlin said Wednesday in a letter to Smart & Final’s board that was reviewed by Bloomberg.
Weld County Facility Increases Gas Processing Capabilities DENVER , May 21, 2019 /PRNewswire/ -- Cureton Midstream, LLC ("Cureton" or the "Company"), a Denver -based, growth-oriented ...
Infrastructure and Energy Alternatives, Inc. (IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it has successfully completed the previously announced $50 million equity transaction (“Equity Transaction”) with a fund managed by the Private Equity Group of Ares Management Corporation (ARES), a leading global alternative asset manager, and funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Under the terms of the transaction, the funds have purchased $50 million of newly created Series B Preferred Stock from the Company and have received initial warrants with an exercise price of $.01 per share for the purchase of up to 2,545,934 million shares of the Company’s common stock, with the opportunity to obtain warrants for up to an additional 6% of the Company’s fully diluted common stock outstanding in the event that the Company fails to meet certain performance targets.
INDIANAPOLIS, May 14, 2019 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
Approximately $3.6 Billion in New U.S. Direct Lending Commitments Closed in the First Quarter
Obtain important information about the world's top ten private equity firms ranked as of 2015, including their investment focus and portfolio assets.
Ares Management (ARES) delivered earnings and revenue surprises of -5.41% and -1.65%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Los Angeles-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring gains, were 35 cents per share. The results missed Wall Street expectations. ...
Ares Management Corporation (ARES) today reported its financial results for its first quarter ended March 31, 2019. “Our first quarter results demonstrate continued strong growth with our fee related earnings, realized income and assets under management all growing at 18% or better on a year over year basis,” said Michael Arougheti, Chief Executive Officer and President of Ares. “We ended the first quarter with approximately $24 billion of assets under management raised but not yet deployed or earning fees, providing us strong visibility into continued earnings growth as we use our platform’s advantages to invest these funds,” said Michael McFerran, Chief Operating Officer and Chief Financial Officer of Ares.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the market. Hedge […]
Arougheti also said Blackstone Group LP’s announcement in April that it will become a C-corp will lure more investors to alternative asset managers. “I think it’s great for Blackstone, I think it’s great for the alternative asset managers,” Arougheti said Tuesday on Bloomberg Television from the Milken Institute Global Conference in Beverly Hills, California.
Intercontinental Exchange's (ICE) first-quarter results are likely to benefit from a broad range of risk management services on an integrated platform
CME Group (CME) is likely to benefit from expansion of futures products in emerging markets, options business, non-transaction related opportunities and OTC offerings.
When you evaluate dividend stocks, what do you typically look at? Chances are, dividend yield is a big part of the equation, though many investors also know to look at dividend growth. But what about dividend health?Dividend stocks with risky, difficult-to-sustain payouts can be a drag on retirement portfolios. For one, companies that no longer have the financial means to grow the dividend likely are struggling to grow the business, which may be reflected in weak stock returns. Plus, if a dividend is slowly growing or stagnant, it loses purchasing power to inflation every year, essentially become worth less and less over time. The worst-case scenario - a dividend cut - could leave you without much-needed retirement income.Dividend health clearly matters. But how do you measure it?One emerging solution is the DIVCON system from exchange-traded fund provider Reality Shares. DIVCON - the first forward-looking dividend health methodology - measures payout sustainability based on several fundamental factors that include earnings growth, free cash flow (how much cash companies have left over after they meet all their obligations), money spent on buybacks and even the Altman Z-score - a metric that helps determine a company's likelihood of a bond default or bankruptcy. The result is a score between 1 and 5: DIVCON 5 indicates a very healthy dividend with a high likelihood of future growth, while DIVCON 1 indicates a shaky income foundation that implies little to no growth - and even the risk of a dividend cut.Here are five dividend stocks with risky payouts, according to the DIVCON system. All five stocks have DIVCON 1 or DIVCON 2 scores. Let's explore what specifically makes these dividends look shaky. SEE ALSO: 17 Retailers at Risk of Defaulting or Going Bankrupt
Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Blackstone Group LP, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday it would convert from a partnership to a corporation, in a bid to get more investors into its stock. Blackstone is hoping the move, which will take effect July 1, will boost its share price, which has traded at a discount to traditional asset managers such as BlackRock Inc for more than a decade. Under the so-called C-Corp structure, Blackstone will pay corporate taxes on all its revenue, in exchange for enabling investors such as mutual funds and index trackers to buy the stock.
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Moody's Investors Service ("Moody's") downgraded IG Investments Holdings, LLC's (the entity that indirectly owns Insight Global, LLC -- collectively referred to as "Insight Global") Corporate Family Rating ("CFR") to B3 from B2 and the Probability of Default Rating ("PDR") to B3-PD from B2-PD. Concurrently, Moody's affirmed the rating for Insight Global's first lien senior secured credit facilities at B2, which reflects the priority position the first lien credit facilities have on substantially all of the company's assets and loss absorption by the proposed new $295 million second lien (unrated) term loan.