Ares Management Corporation (ARES)
| Market Cap | 11.62B |
| Revenue (ttm) | 2.41B |
| Net Income (ttm) | 219.86M |
| Shares Out | 149.27M |
| EPS (ttm) | 1.38 |
| PE Ratio | 52.39 |
| Forward PE | 32.57 |
| Dividend | $1.67 |
| Dividend Yield | 2.30% |
| Trading Day | August 3 |
| Last Price | $72.46 |
| Previous Close | $70.89 |
| Change ($) | 1.57 |
| Change (%) | 2.21% |
| Day's Open | 71.69 |
| Day's Range | 70.35 - 72.46 |
| Day's Volume | 265,173 |
| 52-Week Range | 36.95 - 72.46 |
Ares Management (ARES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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...
HONG KONG--(BUSINESS WIRE)--Ares SSG, a leading Asia-Pacific alternative asset manager, today announced the final close of its third Secured Lending Opportunities Fund III (“SLO III” or the “Fund”), ach...
Ares Management (ARES) delivered earnings and revenue surprises of 28.00% and 5.43%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Ares Management (NYSE:ARES) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 64.10% year over year to $0.64, which beat the estimate of $0.51.
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2021. GAAP net income attributable to Ares Management Cor...
HAMILTON, Bermuda--(BUSINESS WIRE)--Aspida Life Re Ltd. ("Aspida Re"), a reinsurance company and subsidiary of Aspida Holdings Ltd. (together with its subsidiaries, "Aspida"), today announced that Jon S...
Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DURHAM, N.C.--(BUSINESS WIRE)--Aspida Holdings Ltd. (“Aspida”), an indirect subsidiary of Ares Management Corporation (“Ares”) (NYSE: ARES), announced today that it has closed on the acquisition of Glob...
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Resource Label Group, LLC (RLG), a portfolio company of First Atlant...
FRANKLIN, Tenn.--(BUSINESS WIRE)--Resource Label Group, a leading label and packaging manufacturer, announced the completion of a merger agreement with Ares Management Corporation.
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the second quarter ended June 30, 2021 on Thursday, July 29, 2021 prior to the opening of the N...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares completed its previously disclosed acquisition of Black Creek Group's U.S. real ...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today that funds managed by Ares have committed more than $1 billion of investments over the last six months in the sport...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (the “Company”) (NYSE: ARES) today announced the pricing of the previously announced offering of $450,000,000 of 4.125% Fixed-Rate Resettable Su...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (the “Company”) (NYSE: ARES) today announced that its indirect subsidiary, Ares Finance Co. III LLC, intends to offer fixed-rate resettable subo...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares” or the “Firm”) (NYSE: ARES), a leading global alternative investment manager, today announced the launch of the Ares Charitable Foundati...
BOCA RATON, Fla. & DENVER--(BUSINESS WIRE)--Unified Women's Healthcare (“Unified”), a leading practice management platform in women's healthcare backed by Altas Partners (“Altas”), funds managed by the ...
NEW YORK--(BUSINESS WIRE)--Apollo Global Management, Inc. (Apollo), Ares Management Corporation (Ares) and Oaktree Capital Management, L.P. (Oaktree) today announced a 10-year, $90 million, industry-fir...
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...
BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has completed the sale of its 60% ownership interest in Landmark Partners LLC (“Landmark”) to Ares Manage...
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collecti...
Leading Core / Core-Plus Real Estate Firm Will Expand Ares' Real Estate Group with Complementary Capabilities and Vertically Integrated Platform in High Conviction Industrial Sector
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...
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 68.13, which is a decrease of -5.98% from the latest price.