Ares Management Corporation (ARES)
| Market Cap | 54.50B |
| Revenue (ttm) | 3.88B |
| Net Income (ttm) | 440.96M |
| Shares Out | 313.06M |
| EPS (ttm) | 2.04 |
| PE Ratio | 85.34 |
| Forward PE | 33.47 |
| Dividend | $4.48 (2.57%) |
| Ex-Dividend Date | Mar 17, 2025 |
| Volume | 1,125,390 |
| Open | 180.82 |
| Previous Close | 179.69 |
| Day's Range | 172.73 - 180.82 |
| 52-Week Range | 125.23 - 200.49 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 174.00 (-0.05%) |
| Earnings Date | Feb 5, 2025 |
About ARES
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 se... [Read more]
Financial Performance
In 2024, Ares Management's revenue was $3.88 billion, an increase of 6.96% compared to the previous year's $3.63 billion. Earnings were $440.96 million, a decrease of -2.66%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for ARES stock is "Buy." The 12-month stock price forecast is $174.0, which is a decrease of -0.05% from the latest price.
News
Ares Management Upsizes Tempus Debt Facilities to $560 Million
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Ares Credit funds served as the administrative agent...
TIFIN AMP Partners With Ares Wealth Management Solutions to Launch New Platform for Streamlining Alts Distribution
BOULDER, Colo. , Feb. 11, 2025 /PRNewswire/ -- TIFIN AMP Inc. ("TIFIN AMP"), an AI-powered distribution intelligence platform, is excited to announce a strategic relationship with Ares Wealth Manage...
Mereo Insurance Limited Launches into Attractive Reinsurance Market
HAMILTON, Bermuda--(BUSINESS WIRE)--Mereo Insurance Limited, a new reinsurance platform, has received an A- credit rating from AM Best, and begins operations this week in an attractive global property...
Ares Management Corporation to Present at the Bank of America Securities 2025 Financial Services Conference
NEW YORK, NY / ACCESS Newswire / February 6, 2025 / Ares Management Corporation announced today that its Co-Founder and Chief Executive Officer, Michael Arougheti, is scheduled to present at the Bank ...
Ares Management Serves as Administrative and Collateral Agent for Over $1 Billion in New Financing to Support the Recapitalization of GHX
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that an Ares Credit fund served as the administrative and collateral agent on a financing package to suppor...
Ares Management Corporation (ARES) Q4 2024 Earnings Call Transcript
Ares Management Corporation (NYSE:ARES) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Greg Mason - Co-Head-Public Markets IR Michael Arougheti - CEO Jarrod Philli...
Ares Management CEO: 2025 will be a meaningful deployment year for us
Michael Arougheti, Ares Management CEO, joins 'Money Movers' to discuss the recent leadership changes at Ares, the strategic opportunity ahead, and much more.
Ares Management Announces Fourth Quarter and Full Year 2024 U.S. Direct Lending Origination Activity
$13.8 Billion in New Commitments Closed in the Fourth Quarter, Reaching a Record of $48.2 Billion Closed in the 12 Months Ended December 31, 2024 NEW YORK, NY / ACCESS Newswire / February 5, 2025 / Ar...
Ares Management Corporation Reports Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2024. GAAP net income attributable to Ar...
Ares Management Names Kipp deVeer and Blair Jacobson as Co-Presidents
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has appointed Kipp deVeer and Blair Jacobson to t...
Ares European Strategic Income Fund Exceeds €2.2 Billion in Assets Under Management in First Year
LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that its Ares European Strategic Income Fund (“AESIF”), an ...
Ares Management: It Really Is The Golden Age Of Private Credit
Ares Management excels in private credit with over $450 billion AUM, benefiting from a favorable capital allocation environment and a structural shift in private assets. Despite high valuation concern...
Form Technologies Acquired by Ares Management
~$304 Million of New Equity Capital to Support Deleveraging and Accelerate Company's Strategic Growth Initiatives CHARLOTTE, N.C. , Jan. 21, 2025 /PRNewswire/ -- Form Technologies, Inc. ("Form Technol...
Ares Management Raises €30 Billion for European Direct Lending Strategy
LONDON--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its sixth commingled European direct l...
Ares Management Appoints Kevin Alexander as Co-Head of Alternative Credit
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Kevin Alexander, Partner in Ares' Alternative Credit strategy, has been promoted to Co-Head of Alterna...
Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2024
Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ending December 31, 2024 on Wednesday, February 5, 2025 prior to the opening of the New Yo...
Ares Management Raises Over $2.3 Billion of Equity Commitments to Support the Long-Term Growth of Aspida
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that it has raised over $2.3 billion of equity commitment...
Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2024
NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December...
Top Wall Street analysts recommend these dividend stocks for higher returns
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including Walmart and Gaming and Leisure Properties.
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Ares Management Expands Access to Leading Private Equity Secondaries Strategy for Australia Wealth Channel
SYDNEY--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) (“Ares”), a leading global alternative investment manager, announced today the launch of Ares Private Markets Fund (AUT) (the “Fund”), ...
Ares CEO Michael Arougheti on M&A, Competition, Real Estate
Ares Management CEO Michael Arougheti discusses how interest rates can boost M&A in 2025, the changing competitive landscape in private credit, and his firm's approach to investing in real estate. He ...
Ares Management Corporation to Present at the 2024 Goldman Sachs Financial Services Conference
NEW YORK, NY / ACCESSWIRE / December 4, 2024 / Ares Management Corporation announced today that its Co-Founder, Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the...
Ares Q3: Record Highs But Concerning Valuation
Ares Corporation's Q3 earnings showed strong growth in EPS and record deployment. Despite an initial stock drop after the earnings report, ARES recovered to an all-time high, driven by positive market...
New Preferred Stock And Exchange Traded Debt IPOs, October 2024
September saw two new convertible preferred stock offerings, one term preferred offering, and one Exchange Traded Debt (ETD) offering, with yields ranging from 6% to 8.125%. Here is a comparison again...