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Ares Capital/$ARCC

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About Ares Capital

Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position) and second lien senior secured loans. In addition to senior secured loans, the company also invests in subordinated loans and preferred equity, it also makes common equity investments.
Ticker
$ARCC
Sector
Finance
Primary listing
NASDAQ
Employees
-

Ares Capital Metrics

BasicAdvanced
$14B
15.68
$1.22
-
$1.92
10.05%

What the Analysts think about Ares Capital

Analyst ratings (Buy, Hold, Sell) for Ares Capital stock.
Analyst projections of the future price of Ares Capital stock.

Bulls say / Bears say

Q2 net investment income was $0.50 per share against the $0.48 regular dividend, and ARCC reported $988 million of spillover income available for future distributions. It maintained the payout, extending its long record of stable or rising regular dividends. (Ares Capital, StockAnalysis)
ARCC ended June with about $6 billion of available liquidity after repaying $1 billion of notes. Its new commercial-paper programme and expanded credit facilities add funding flexibility and access to potentially lower-cost capital. (Ares Capital)
A subdued deal market may give ARCC an opening to win better terms: the company said its scale helped it remain selective, while the Wall Street Journal reported that borrowers were accepting tougher terms as some rival lenders pulled back. (Ares Capital, The Wall Street Journal)
Loans on non-accrual rose to $708 million in Q2, up 15% from the prior quarter and 26% year on year. The 2.4% share of investments at cost remains below ARCC’s historical average, but the rise points to worsening payment trouble. (Bloomberg, SEC)
NAV per share fell to $19.35 at the end of June from $19.94 at year end. Continued declines would erode the asset-value cushion underpinning the shares. (SEC)
Core earnings were $0.47 per share for a second consecutive quarter, below the $0.48 dividend. That leaves little earnings headroom if portfolio income weakens further. (StockAnalysis)
Data summarised monthly by Lightyear AI. Last updated on 15 Oct 2026.

Ares Capital Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Ares Capital Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Ares Capital

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