Ares Capital Corporation (ARCC)
NASDAQ: ARCC · Real-Time Price · USD
22.14
+0.04 (0.18%)
Dec 3, 2024, 12:12 PM EST - Market open
Ares Capital Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Ares Capital stock have an average target of 22.29, with a low estimate of 22 and a high estimate of 23. The average target predicts an increase of 0.68% from the current stock price of 22.14.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ares Capital stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 4 | 4 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $23 | Hold → Buy | Upgrades | $23 | +3.88% | Dec 2, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | -0.63% | Oct 31, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $22 | Buy | Reiterates | $22 | -0.63% | Aug 5, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | -0.63% | Jul 30, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $22 | Buy | Reiterates | $22 | -0.63% | May 23, 2024 |
Financial Forecast
Revenue This Year
3.08B
from 2.61B
Increased by 17.79%
Revenue Next Year
3.18B
from 3.08B
Increased by 3.41%
EPS This Year
2.41
from 2.68
Decreased by -9.97%
EPS Next Year
2.25
from 2.41
Decreased by -6.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 3.4B | 3.5B |
| Avg | 3.1B | 3.2B | 3.2B |
| Low | 2.9B | 2.9B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.3% | 10.3% | 11.5% |
| Avg | 17.8% | 3.4% | 0.2% |
| Low | 12.3% | -6.1% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.51 | 2.38 | 2.35 |
| Avg | 2.41 | 2.25 | 2.19 |
| Low | 2.30 | 2.09 | 1.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.2% | -1.1% | 4.6% |
| Avg | -10.0% | -6.7% | -2.4% |
| Low | -14.0% | -13.4% | -12.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.