Ares Capital/ARCC

$20.19

-0.44%
-
1D1W1MYTD1YMAX

About Ares Capital

Ares Capital Corporation is a specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. The Company invests primarily 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, it also invests in subordinated debt, which in some cases includes an equity component, and preferred equity. It also may invest up to 30% of its portfolio in non-qualifying assets. Its investment activities are focused on industries, such as software and services, health care services, commercial and professional services, financial services, commercial and professional services, insurance Services, energy, food and beverage and others. Its investment adviser is Ares Capital Management LLC.

Ticker

ARCC

Sector

Financials

Trading on

NASDAQ

Industry

Misc. Financial Services

CEO

Michael Arougheti

Employees

2,800

Headquarters

New york, United States

Ares Capital Metrics

BasicAdvanced
$12.31B
Market cap
7.60
P/E ratio
$2.67
EPS
1.03
Beta
$1.92
Dividend rate
9.47%
Dividend yield
$12.31B
1.03041
$20.86
$17.53
3.66M
$1.92
106.401
106.401
70.83%
6.59%
14.67%
6.77%
7.599
4.708
1.054
1.099
9.13%
9.47%
9.47%
24.71%
123.83%
20.05%
32.91%
6.27%

What the Analysts think about Ares Capital

Analyst Ratings

Majority rating from 15 analysts.
Buy

Price Targets

Average projection from 14 analysts.
7.38% upside
High $24.00
Low $20.00
$20.19
Current price
$21.68
Average price target

Ares Capital Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
58.41% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$707M
7.94%
Net income
$413M
-17.4%
Profit margin
58.41%
-23.48%

Ares Capital Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 5.2%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.57
$0.58
$0.59
$0.63
-
Expected
$0.59
$0.57
$0.58
$0.60
$0.60
Surprise
-2.85%
2.15%
1.35%
5.2%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Ares Capital stock?

Ares Capital (ARCC) has a market cap of $12.31B as of April 15, 2024.

What is the P/E ratio for Ares Capital stock?

The price to earnings (P/E) ratio for Ares Capital (ARCC) stock is 7.6 as of April 15, 2024.

Does Ares Capital stock pay dividends?

Yes, the Ares Capital (ARCC) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $1.92 and the yield is 9.47%. Ares Capital has a payout ratio of 70.83% on a trailing twelve-month basis.

When is the next Ares Capital dividend payment date?

The next Ares Capital (ARCC) dividend payment date is unconfirmed.

What is the beta indicator for Ares Capital?

Ares Capital (ARCC) has a beta rating of 1.03. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Ares Capital stock price target?

The target price for Ares Capital (ARCC) stock is $21.68, which is 7.49% above the current price of $20.17. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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