Ares Management/ARES

$130.43

-0.21%
-
1D1W1MYTD1YMAX

About Ares Management

Ares Management Corporation is a global alternative investment manager offering clients complementary primary and secondary investment solutions across various asset classes. The Company's segments include Credit Group, Private Equity Group, Real Assets Group, Secondaries Group and Other. The Credit Group segment manages credit strategies across the liquid and illiquid spectrum, including liquid credit, alternative credit, direct lending and APAC credit. The Private Equity Group segment categorizes its investment strategies as corporate private equity, special opportunities and APAC private equity. The Real Assets Group segment manages comprehensive equity and debt strategies across real estate and infrastructure investments. The Secondaries Group segment invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate, infrastructure and credit. Its global platform has approximately $419 billion of assets under management.

Ticker

ARES

Sector

Financials

Trading on

NYSE

Industry

Investment Services

CEO

Antony Ressler

Employees

2,850

Headquarters

Los angeles, United States

Ares Management Metrics

BasicAdvanced
$40.77B
Market cap
58.94
P/E ratio
$2.23
EPS
1.18
Beta
$3.08
Dividend rate
2.82%
Dividend yield
$40.77B
1.17964
$139.48
$77.97
1.08M
$3.08
815.273
815.273
132.43%
195.787
4.96%
26.02%
7.24%
58.941
11.227
21.395
3.01%
2.34%
2.82%
18.87%
156.5%
27.22%
42.33%
26.54%

What the Analysts think about Ares Management

Analyst Ratings

Majority rating from 13 analysts.
Buy

Price Targets

Average projection from 9 analysts.
11.51% upside
High $160.00
Low $129.00
$130.43
Current price
$145.44
Average price target

Ares Management Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
16.5% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.05B
57.02%
Net income
$173.9M
181.39%
Profit margin
16.5%
79.35%

Ares Management Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 10.46%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.71
$0.90
$0.83
$1.21
-
Expected
$0.81
$0.85
$0.87
$1.10
$0.92
Surprise
-12.81%
5.7%
-4.21%
10.46%
-
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.

Upcoming events

FAQs

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

Ares Management (ARES) has a market cap of $40.77B as of April 20, 2024.

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

The price to earnings (P/E) ratio for Ares Management (ARES) stock is 58.94 as of April 20, 2024.

Does Ares Management stock pay dividends?

Yes, the Ares Management (ARES) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $3.08 and the yield is 2.82%. Ares Management has a payout ratio of 132.43% on a trailing twelve-month basis.

When is the next Ares Management dividend payment date?

The next Ares Management (ARES) dividend payment date is unconfirmed.

What is the beta indicator for Ares Management?

Ares Management (ARES) has a beta rating of 1.18. 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 Management stock price target?

The target price for Ares Management (ARES) stock is $145.44, which is 12.28% above the current price of $129.53. This is an average based on projections from 9 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.

Buy or sell Ares Management stock

Buy or sell Ares Management stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing