ARES

Ares Management Corporation [ARES] Stock Forecast

Q: What is Ares Management Corporation stock symbol ?

Ares Management Corporation is a US stock, located in Los angeles of Ca and trading under the symbol ARES

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ARES Stock Summary

Earnings have grown 63.22% per last year.

Earnings are expected to rise 18.62% next year

ARES has more than 8 years of cash runway (100 months)

Has a high level of debt. Debt-to-Equity ratio of 8.32 is considered high.

Unstable dividend track record

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ARES

In the News

12:46 16 Apr 2024 ARES

VCTR or ARES: Which Is the Better Value Stock Right Now?

Investors interested in Financial - Investment Management stocks are likely familiar with Victory Capital Holdings (VCTR) and Ares Management (ARES). But which of these two stocks is more attractive to value investors?

11:16 16 Apr 2024 ARES

Nvidia Leads 5 Stocks Near Buy Points As S&P 500 Tests Key Level

Nvidia, which bucked the S&P 500 downdraft last week, leads this weekend's watch list of five stocks near buy points.

01:39 16 Apr 2024 ARES

Street Favorites: 3 Analyst-Backed Stocks Poised for Explosive Gains

With any investment, performing careful due diligence is a must. From careful industry analysis to financial modeling, pinpointing investments that will truly bring growth to any portfolio is difficult.

07:00 16 Apr 2024 ARES

Ares Capital Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2024

NEW YORK, NY / ACCESSWIRE / April 3, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that it will report earnings for the first quarter ended March 31, 2024 on Wednesday, May 1, 2024 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 10:00 a.m.

06:30 16 Apr 2024 ARES

Ares Management Corporation Schedules Earnings Release and Conference Call for the First Quarter Ending March 31, 2024

NEW YORK, NY / ACCESSWIRE / April 3, 2024 / Ares Management Corporation (NYSE:ARES) announced today that it will report earnings for the first quarter ending March 31, 2024 on Thursday, May 2, 2024 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m.

11:25 16 Apr 2024 ARES

Investors Get Two Chances To Buy This Financial Stock

This stock formed a base after the investment company reported its recent earnings report. Analysts expect huge 2024 profit growth.

08:00 16 Apr 2024 ARES

AI Plays HubSpot, Arista Networks Lead Five Stocks Near Buy Points In Classic Base

Artificial intelligence plays HubSpot and Arista Networks are among five stocks near buy points with big market news on tap.

12:41 16 Apr 2024 ARES

AMP vs. ARES: Which Stock Is the Better Value Option?

Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Ameriprise Financial Services (AMP) and Ares Management (ARES). But which of these two stocks presents investors with the better value opportunity right now?

11:48 16 Apr 2024 ARES

39 Upcoming Dividend Increases Including 2 Dividend Kings

Thirty-nine companies, including Coca-Cola and Telephone and Data Systems, are raising their dividends.

04:15 16 Apr 2024 ARES

Ares Capital Corporation to Present at the 2024 RBCCM Global Financial Institutions Conference

NEW YORK, NY / ACCESSWIRE / February 27, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the RBCCM Global Financial Institutions Conference on Wednesday, March 6, 2024 at 2:40pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

ARES Financial details

Company Rating

Strong Buy

Market Cap

24.94B

Income

722.75M

Revenue

4.07B

Book val./share

9.98

Cash/share

7.89

Dividend

3.08

Dividend %

2.66%

Employees

2.85K

Optionable

Shortable

Yes

Earnings

02 May 2024

P/E

25.61

Forward P/E

21.55

PEG

4.67

P/S

10.12

P/B

12.44

P/C

16.61

P/FCF

419.94

Quick Ratio

-4.14

Current Ratio

0.54

Debt / Equity

8.32

LT Debt / Equity

3.49

EPS (TTM)

3.87

EPS next Y

6.08

EPS next Q

EPS this Y

-1.6%

EPS next Y

57.19%

EPS next 5Y

101.03%

EPS last 5Y

-6.54%

Revenue last 5Y

23.08%

Revenue Q/Q

122.1%

EPS Q/Q

-16.04%

SMA20

-0.75%

SMA50

7.32%

SMA100

23.36%

Inst Own

67.53%

Inst Trans

0.8%

ROA

ROE

50%

ROC

0.05%

Gross Margin

41%

Oper. Margin

26%

Profit Margin

24%

Payout

117%

Shs Outstand

Shs Float

Target Price

52W Range

77.97-139.48

52W High

-5.73%

52W Low

+70.18%

RSI

Rel Volume

0.63

Avg Volume

1.06M

Volume

670.04K

Perf Week

-3.05%

Perf Month

-3.31%

Perf Quarter

25.52%

Perf Half Y

19.08%

Beta

1.187

Volatility

1.98%, 1.77%

Prev Close

1.35%

Price

131.04

Change

-1.12%

ARES Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	16.36	13.06	25.73	17.41	27.03
Net income per share	3.45	2.4	5.61	2.5	2.57
Operating cash flow per share	-19.3	-3.15	-15.86	-4.18	-1.26
Free cash flow per share	-19.46	-3.27	-16.02	-4.39	-1.63
Cash per share	6.9	7.87	8.54	6.35	-93.24
Book value per share	7.12	8.84	11.15	9.05	10.26
Tangible book value per share	15.82	13.91	9.8	9.06	12.42
Share holders equity per share	7.12	8.84	11.15	9.05	10.26
Interest debt per share	82.14	83.03	78.12	78.72	90.05
Market cap	3.85B	6.35B	13.3B	12.01B	21.94B
Enterprise value	11.67B	16.2B	24.41B	24.23B	36.2B
P/E ratio	10.33	19.58	14.49	27.37	46.26
Price to sales ratio	2.18	3.6	3.16	3.93	4.4
POCF ratio	-1.85	-14.93	-5.12	-16.36	-94.07
PFCF ratio	-1.83	-14.39	-5.07	-15.6	-73.04
P/B Ratio	5.01	5.32	7.29	7.56	11.59
PTB ratio	5.01	5.32	7.29	7.56	11.59
EV to sales	6.61	9.18	5.79	7.93	7.26
Enterprise value over EBITDA	15.83	19.33	17.72	19.28	14.92
EV to operating cash flow	-5.6	-38.05	-9.4	-33.01	-155.2
EV to free cash flow	-5.56	-36.68	-9.3	-31.47	-120.49
Earnings yield	0.1	0.05	0.07	0.04	0.02
Free cash flow yield	-0.55	-0.07	-0.2	-0.06	-0.01
Debt to equity	11.15	9.13	6.85	8.39	8.32
Debt to assets	0.71	0.72	0.58	0.61	0.64
Net debt to EBITDA	10.61	11.75	8.06	9.72	5.88
Current ratio	0.71	0.99	0.63	0.64	0.73
Interest coverage	2.35	2.56	4.29	1.9	0.55
Income quality	-5.59	-1.31	-2.83	-1.67	-0.2
Dividend Yield	0.09	0.07	0.05	0.07	0.05
Payout ratio	0.93	1.44	0.66	1.91	2.17
Sales general and administrative to revenue	0.15	0.15	0.11	0.23	0.25
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.01	0.04	0.1	0.1	0.09
Capex to operating cash flow	0.01	0.04	0.01	0.05	0.29
Capex to revenue	-0.01	-0.01	-0.01	-0.01	-0.01
Capex to depreciation	-0.43	-0.39	-0.24	-0.1	-0.29
Stock based compensation to revenue	0.06	0.07	0.06	0.07	0.05
Graham number	23.52	21.86	37.51	22.57	24.36
ROIC	0.06	0.06	0.07	0.05	0.02
Return on tangible assets	0.03	0.02	0.05	0.02	0.02
Graham Net	-84.15	-82.67	-94.85	-92.74	-197.84
Working capital	-473.15M	-25.06M	-1.47B	-1.22B	-1.02B
Tangible asset value	1.71B	1.88B	1.6B	1.59B	2.29B
Net current asset value	-8.97B	-11.01B	-15.24B	-16B	-17.49B
Invested capital	11.15	9.13	6.85	8.39	8.32
Average receivables	391.87M	532.43M	891.61M	1.12B	1.18B
Average payables	158.56M	156.07M	272.52M	391.57M	411.81M
Average inventory	0.5	-720K	-3.56M	-2.84M	0
Days sales outstanding	90.88	129.38	100.34	129.59	93.18
Days payables outstanding	47.6	50.51	48.14	72.41	103.95
Days of inventory on hand	0	-0.45	-0.71	0	0
Receivables turnover	4.02	2.82	3.64	2.82	3.92
Payables turnover	7.67	7.23	7.58	5.04	3.51
Inventory turnover	1.15B	-813.45	-510.99	0	0
ROE	0.49	0.27	0.5	0.28	0.25
Capex per share	-0.16	-0.12	-0.17	-0.2	-0.36

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	5.3	4.54	5.97	3.6	7.86
Net income per share	1.66	1.16	0.79	1.06	0.92
Operating cash flow per share	-1.08	3.95	-3.82	1.71	-2.95
Free cash flow per share	-1.12	3.9	-3.89	1.59	-3.07
Cash per share	6.3	5.74	-89.99	-88.4	7.89
Book value per share	8.98	9.33	9.56	9.31	9.98
Tangible book value per share	8.99	10.69	10.18	10.67	12.08
Share holders equity per share	8.98	9.33	9.56	9.31	9.98
Interest debt per share	76.27	76.37	78.95	77.92	84.31
Market cap	12.11B	14.93B	17.63B	19.16B	22.57B
Enterprise value	24.33B	27.39B	30.58B	32.17B	36.82B
P/E ratio	10.33	18.01	30.5	24.31	32.43
Price to sales ratio	12.92	18.36	16.13	28.54	15.14
POCF ratio	-63.59	21.11	-25.22	60.19	-40.29
PFCF ratio	-61.21	21.37	-24.79	64.89	-38.7
P/B Ratio	7.62	8.94	10.08	11.05	11.92
PTB ratio	7.62	8.94	10.08	11.05	11.92
EV to sales	25.95	33.68	27.97	47.92	24.7
Enterprise value over EBITDA	54.19	66.72	62.81	275.68	211.64
EV to operating cash flow	-127.73	38.71	-43.74	101.07	-65.75
EV to free cash flow	-122.95	39.21	-42.99	108.96	-63.16
Earnings yield	0.02	0.01	0.01	0.01	0.01
Free cash flow yield	-0.02	0.05	-0.04	0.02	-0.03
Debt to equity	8.39	8.08	8.14	8.39	8.32
Debt to assets	0.61	0.62	0.62	0.62	0.64
Net debt to EBITDA	27.22	30.35	26.59	111.51	81.94
Current ratio	0.64	0.57	0.51	0.54	0.73
Interest coverage	2.22	0.99	1.27	-4.49	0.72
Income quality	-0.65	3.41	-2.1	1.62	-1.32
Dividend Yield	0.02	0.02	0.01	0.01	0.01
Payout ratio	0.78	1.21	1.79	1.27	1.56
Sales general and administrative to revenue	0.14	0.18	0.13	0.32	0.24
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.1	0.1	0.09	0.09	0.09
Capex to operating cash flow	0.04	-0.01	0.02	-0.07	0.04
Capex to revenue	-0.01	-0.01	-0.01	-0.03	-0.02
Capex to depreciation	-0.02	-0.19	-0.28	-0.22	-0.59
Stock based compensation to revenue	0.21	0.08	0.06	0.09	0
Graham number	18.29	15.59	13.04	14.88	14.35
ROIC	0.02	0.01	0.01	0.01	0.01
Return on tangible assets	0.01	0.01	0.01	0.01	0.01
Graham Net	-91.96	-89.7	-191.01	-188.94	-93.82
Working capital	-1.22B	-1.57B	-1.88B	-1.72B	-1.02B
Tangible asset value	1.59B	1.91B	1.86B	1.99B	2.29B
Net current asset value	-16B	-15.8B	-17.18B	-17.31B	-17.49B
Invested capital	8.39	8.08	8.14	8.39	8.32
Average receivables	921.92M	1.05B	938.33M	854.3M	1.06B
Average payables	413.67M	424.51M	470.65M	500.16M	465.61M
Average inventory	0.5	0.5	1	0.5	0
Days sales outstanding	104.11	113.32	70.18	114.78	76.86
Days payables outstanding	66.02	85.5	64.87	124.36	97.49
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0.86	0.79	1.28	0.78	1.17
Payables turnover	1.36	1.05	1.39	0.72	0.92
Inventory turnover	0	472.44M	683.33M	0	0
ROE	0.18	0.12	0.08	0.11	0.09
Capex per share	-0.04	-0.05	-0.07	-0.12	-0.12

ARES Dividend History

ARES Frequently Asked Questions

What is Ares Management Corporation stock symbol ?

Ares Management Corporation is a US stock , located in Los angeles of Ca and trading under the symbol ARES

What is Ares Management Corporation stock quote today ?

Ares Management Corporation stock price is $131.04 today.

Is Ares Management Corporation stock public?

Yes, Ares Management Corporation is a publicly traded company.

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Company Profile

Volume Average 1.06M
Market Capitalization 24.94B
Employee 2.85K
CEO Mr. Michael J. Arougheti
Headquarters Los Angeles,CA,US
IPO Date 2014-05-02
Website https://www.aresmgmt.com

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.