Ares Capital Corporation (ARCC)
| Market Cap | 13.81B |
| Revenue (ttm) | 2.94B |
| Net Income (ttm) | 1.58B |
| Shares Out | 646.08M |
| EPS (ttm) | 2.60 |
| PE Ratio | 8.23 |
| Forward PE | 9.58 |
| Dividend | $1.92 (8.98%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 9,042,881 |
| Open | 21.06 |
| Previous Close | 21.13 |
| Day's Range | 20.97 - 21.48 |
| 52-Week Range | 19.32 - 22.44 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 22.29 (+4.26%) |
| Earnings Date | Feb 5, 2025 |
About ARCC
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaura... [Read more]
Financial Performance
In 2023, Ares Capital's revenue was $2.61 billion, an increase of 24.71% compared to the previous year's $2.10 billion. Earnings were $1.52 billion, an increase of 153.67%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ARCC stock is "Buy." The 12-month stock price forecast is $22.29, which is an increase of 4.26% from the latest price.
News
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