Ares Management Corporation (ARES)
| Market Cap | 8.38B |
| Revenue (ttm) | 2.41B |
| Net Income (ttm) | 219.86M |
| Shares Out | 149.27M |
| EPS (ttm) | 1.38 |
| PE Ratio | 36.97 |
| Forward PE | 24.15 |
| Dividend | $1.67 |
| Dividend Yield | 3.27% |
| Trading Day | May 13 |
| Last Price | $51.13 |
| Previous Close | $51.04 |
| Change ($) | 0.09 |
| Change (%) | 0.18% |
| Day's Open | 51.42 |
| Day's Range | 50.80 - 52.00 |
| Day's Volume | 658,634 |
| 52-Week Range | 30.77 - 59.17 |
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financ...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financ...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based ma...
EDISON, N.J., May 4, 2021 /PRNewswire/ -- CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, announced today th...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the release of its inaugural sustainability report, titl...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Man...
Ares Management (ARES) delivered earnings and revenue surprises of -9.80% and -5.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2021. GAAP net income attributable to Ares Management Cor...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its fifth commingled European direc...
SAN ANTONIO--(BUSINESS WIRE)--EPIC Midstream Holdings, LP (“EPIC” or “the Company”) today announced George Millas has joined EPIC as the Chief Commercial Officer effective April 19, 2021. He will report...
Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AMG vs. ARES: Which Stock Is the Better Value Option?
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the pricing of its previously announced underwritten public offering of 9,500,000 shares ...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its Ares U.S. Real Estate Opportuni...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the launch of an underwritten public offering of 9,500,000 shares of Class A common stock...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the first quarter ended March 31, 2021 on Thursday, April 29, 2021 prior to the opening of the ...
Ares Management (ARES) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increa...
BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has entered into a definitive agreement to sell its 60% ownership interest in Landmark Partners LLC (“Lan...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Invest...
BELLEVUE, Wash., March 25, 2021 /PRNewswire/ -- Savers® (the "Company") announced today that is has entered into a definitive purchase and sale agreement with funds managed by the Private Equity Group o...
AMG vs. ARES: Which Stock Is the Better Value Option?
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its Ares Pathfinder Fund, L.P. (tog...
GREENWICH, Conn.--(BUSINESS WIRE)--Volery Capital, a private equity firm focused on growth investments in the financial services industry that benefit people and the planet, was selected by ImpactAssets...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that its Chief Operating Officer and Chief Financial Officer, Michael McFerran, will participate in a pane...
Ares Management (ARES) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
SYDNEY & NEW YORK--(BUSINESS WIRE)--AMP Limited (“AMP”) and Ares Management Corporation (NYSE: ARES) (“Ares”) today announced that they have entered into a non-binding Heads of Agreement to pursue the f...
LONDON--(BUSINESS WIRE)--Ares Management Corporation (Ares) (NYSE: ARES) and Generation Partners (Generation) announced today that a joint venture established by a fund managed by the Ares Real Estate G...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financi...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Man...
Shares of Ares Management (NYSE:ARES) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share fell 19.40% over the past year to $0.54, which beat the estimate of $0.46.
Ares Management (ARES) delivered earnings and revenue surprises of 20.00% and -7.98%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2020. GAAP net income attributable to A...
Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
LOS ANGELES & CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Apex, Ares, Facebook, and McDonald's partner once again to bring new 302 MW Lincoln Land Wind project online in 2021.
Ares Management (ARES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) today announced that Indhira Arrington has joined the firm as Managing Director and Global Chief Diversity, Equity and Inc...
LOS ANGELES & SAN FRANCISCO--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) and aviation industry veterans, including Bob Brown, Sean Sullivan and Will Hudson, announced today the launch of V...
NEW YORK and LOS ANGELES, Jan. 11, 2021 /PRNewswire/ -- Pretium and a group of its investors, and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2020 on Thursday, February 11, 2021 prior...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) and its indirect subsidiary Aspida Holdings Ltd. (“Aspida”) jointly announced today the completion of Aspida's previously ...
Ares Management: This Asset Manager Has Plenty Of Growth Runway
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the 2020 Goldman Sachs U.S. Financ...
Royce Investment Partners has revealed its portfolio for the third quarter, including several large reductions in holdings. These reductions include Ares Management Corp. (NYSE:ARES), Scholastic Corp. (...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) today announced that a fund managed by its Private Equity Group and Harvest Partners, LP have sold Valet Living, the largest nation...
LOS ANGELES & LONDON--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that a fund managed by its Real Estate Group ha...
These companies are doing well by doing good -- for the planet, themselves, and their investors.
A divided Congress makes tax hike prospects as proposed by Joe Biden unlikely. So, private equity stocks - Blackstone (BX), KKR & Co (KKR), Carlyle Group (CG), Ares Management (ARES) & Apollo Global Man...
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financial Officer, Mic...
Australian wealth manager AMP Ltd on Monday said a buyout offer from U.S.-based Ares Management Corp had an implied value of A$1.85 per share, valuing the proposal at A$6.36 billion ($4.47 billion).
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Man...
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...]
| Industry Asset Management | IPO Date May 2, 2014 |
| CEO Michael Arougheti | Employees 1,460 |
| Stock Exchange NYSE | Ticker Symbol ARES |
Financial Performance
In 2020, ARES's revenue was $1.76 billion, a decrease of -0.08% compared to the previous year's $1.77 billion. Earnings were $152.14 million, an increase of 2.19%.
Analyst Forecasts
According to 11 analysts, the average rating for ARES stock is "Buy." The 12-month stock price forecast is 63.56, which is an increase of 24.31% from the latest price.