Ares Capital Corporation (ARCC)
NASDAQ: ARCC · IEX Real-Time Price · USD
20.66
+0.07 (0.34%)
At close: Apr 22, 2024, 4:00 PM
20.59
-0.07 (-0.34%)
After-hours: Apr 22, 2024, 7:52 PM EDT
Ares Capital Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ares Capital stock have an average target of 20.83, with a low estimate of 20 and a high estimate of 21. The average target predicts an increase of 0.82% from the current stock price of 20.66.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ares Capital stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $21 | Buy | Reiterates | $21 | +1.65% | Mar 26, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $19 → $20 | Hold | Maintains | $19 → $20 | -3.19% | Jan 29, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $21 | Strong Buy → Hold | Downgrades | $21 | +1.65% | Jan 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $21 → $21 | Buy | Maintains | $21 → $21 | +1.65% | Oct 25, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $20 → $21 | Strong Buy | Maintains | $20 → $21 | +1.65% | Jul 26, 2023 |
Financial Forecast
Revenue This Year
2.86B
from 2.61B
Increased by 9.49%
Revenue Next Year
2.78B
from 2.86B
Decreased by -2.97%
EPS This Year
2.42
from 2.68
Decreased by -9.77%
EPS Next Year
2.27
from 2.42
Decreased by -5.99%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 3.1B | 3.2B |
| Avg | 2.9B | 2.8B |
| Low | 2.7B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.4% | 12.3% |
| Avg | 9.5% | -3.0% |
| Low | 1.5% | -29.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.67 | 2.55 | 2.18 |
| Avg | 2.42 | 2.27 | 2.11 |
| Low | 2.21 | 2.02 | 2.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.5% | 5.5% | -4.3% |
| Avg | -9.8% | -6.0% | -7.0% |
| Low | -17.4% | -16.5% | -10.7% |
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.