Ares Management Corporation (ARES) Stock Price, News, Quote & History - Yahoo Finance
NYSE - Nasdaq Real Time Price USD

Ares Management Corporation (ARES)

149.82 +4.89 (+3.37%)
At close: May 15 at 4:00 PM EDT
150.50 +0.68 (+0.45%)
After hours: May 15 at 7:37 PM EDT
Loading Chart for ARES
DELL
  • Previous Close 144.93
  • Open 146.70
  • Bid 149.82 x 800
  • Ask 156.82 x 800
  • Day's Range 145.98 - 149.97
  • 52 Week Range 81.79 - 149.97
  • Volume 1,981,323
  • Avg. Volume 1,134,237
  • Market Cap (intraday) 44.885B
  • Beta (5Y Monthly) 1.18
  • PE Ratio (TTM) 66.29
  • EPS (TTM) 2.26
  • Earnings Date Jul 30, 2024 - Aug 5, 2024
  • Forward Dividend & Yield 3.72 (2.57%)
  • Ex-Dividend Date Jun 14, 2024
  • 1y Target Est 147.90

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.

www.aresmgmt.com

2,868

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ARES

Performance Overview: ARES

Trailing total returns as of 5/15/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ARES
26.86%
S&P 500
11.29%

1-Year Return

ARES
88.08%
S&P 500
28.71%

3-Year Return

ARES
214.37%
S&P 500
27.18%

5-Year Return

ARES
602.81%
S&P 500
87.28%

Compare To: ARES

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: ARES

Valuation Measures

Annual
As of 5/14/2024
  • Market Cap

    28.22B

  • Enterprise Value

    42.48B

  • Trailing P/E

    64.13

  • Forward P/E

    32.89

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.83

  • Price/Book (mrq)

    14.90

  • Enterprise Value/Revenue

    8.58

  • Enterprise Value/EBITDA

    18.90

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.86%

  • Return on Assets (ttm)

    2.65%

  • Return on Equity (ttm)

    24.05%

  • Revenue (ttm)

    3.53B

  • Net Income Avi to Common (ttm)

    430.05M

  • Diluted EPS (ttm)

    2.26

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.55B

  • Total Debt/Equity (mrq)

    304.92%

  • Levered Free Cash Flow (ttm)

    683.34M

Research Analysis: ARES

Analyst Price Targets

127.00 Low
147.90 Average
149.82 Current
160.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: ARES

People Also Watch