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Ares Management Corporation (ARES)

Stock Price: $45.28 USD -0.48 (-1.05%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
Market Cap 6.51B
Revenue (ttm) 1.54B
Net Income (ttm) 89.65M
Shares Out 143.47M
EPS (ttm) 0.62
PE Ratio 72.80
Forward PE 21.41
Dividend $1.60
Dividend Yield 3.53%
Trading Day January 22
Last Price $45.28
Previous Close $45.76
Change ($) -0.48
Change (%) -1.05%
Day's Open 45.50
Day's Range 45.24 - 45.84
Day's Volume 372,717
52-Week Range 22.07 - 49.51

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Business Wire - 1 week ago

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 l...

PRNewsWire - 1 week ago

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 C...

Business Wire - 1 week ago

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, ...

Business Wire - 1 month ago

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 p...

Other stocks mentioned: FNF
Seeking Alpha - 1 month ago

Ares Management: This Asset Manager Has Plenty Of Growth Runway

Business Wire - 1 month ago

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...

GuruFocus - 1 month ago

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), Scholast...

Other stocks mentioned: BMCH, KWR, SCHL, TNC
Business Wire - 2 months ago

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 larg...

Business Wire - 2 months ago

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 Estat...

The Motley Fool - 2 months ago

These companies are doing well by doing good -- for the planet, themselves, and their investors.

Other stocks mentioned: AQN, NEE
Zacks Investment Research - 2 months ago

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 ...

Other stocks mentioned: APO, BLK, BX, CG, KKR, TROW
Business Wire - 2 months ago

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 Of...

Reuters - 2 months ago

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 bil...

Business Wire - 2 months ago

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 b...

Seeking Alpha - 2 months ago

Ares Management Corporation (ARES) CEO Michael Arougheti on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Ares Management (ARES) delivered earnings and revenue surprises of 14.29% and 8.75%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the st...

Business Wire - 2 months ago

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2020. GAAP net income attributable to Ares ...

Zacks Investment Research - 2 months ago

Decent equity markets performance and the government's efforts to support the economy amid virus woes might have aided Q3 earnings of asset managers like Blackstone (BX), Apollo Global (APO), ...

Other stocks mentioned: APO, BX, HLNE, JHG
Investopedia - 2 months ago

These are the financial stocks with the best value, fastest growth, and most momentum for November.

Other stocks mentioned: BHF, JEF, MCY, MET, MKTX, PYPL, UNM, WTM, XLF
Business Wire - 2 months ago

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that Raj Krishnan has joined as Partner and Chief Investment Officer of Ares Insurance Solutions...

Zacks Investment Research - 3 months ago

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.

Newsfile Corp - 3 months ago

New York, New York--(Newsfile Corp. - October 21, 2020) - Rowley Law PLLC is investigating potential securities law violations by Front Yard Residential Corp. (NYSE: RESI) and its board of dir...

Other stocks mentioned: RESI
Zacks Investment Research - 3 months ago

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.

Market Watch - 3 months ago

Shares of Front Yard Residential Corp. soared 33% toward a more than 3-year high in premarket trading Monday, after the U.S. Virgin Islands-based rental homes company announced an agreement to...

Other stocks mentioned: RESI
PRNewsWire - 3 months ago

NEW YORK and LOS ANGELES, Oct. 19, 2020 /PRNewswire/ -- Pretium and a group of its investors and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Co...

Zacks Investment Research - 3 months ago

Does Ares Management (ARES) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research - 3 months ago

Ares Management (ARES) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Business Wire - 3 months ago

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the third quarter ended September 30, 2020 on Wednesday, October 28, 2020 prior to th...

Seeking Alpha - 3 months ago

Ares Management: Undervalued With Plenty Of Dry Powder

Business Wire - 3 months ago

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) and its indirect subsidiary Aspida Holdings Ltd. (“Aspida”) jointly announced today an agreement by Aspida to ac...

Business Wire - 3 months ago

LOS ANGELES & SYDNEY--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE:ARES), a leading global alternative investment manager, announced today the appointment of John Knox as Austra...

Investopedia - 3 months ago

These are the financial stocks with the best value, fastest growth, and most momentum for October 2020.

Other stocks mentioned: BHF, MET, MSCI, PNC, PYPL, UNM, VIRT, WTM, XLF
Bloomberg Markets and Finance - 4 months ago

Ares Sees Opportunities in Mid-Sized Companies Amid Pandemic

Sep.23 -- Kipp deVeer, partner and head of credit at Ares Management Corp., an alternative investment manager, discusses the opportunities he sees amid the coronavirus pandemic. He speaks with...

Seeking Alpha - 4 months ago

Ares Management Corporation (ARES) Management Presents at Barclays Global Financial Services Conference (Transcript)

Business Wire - 4 months ago

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 Of...

Zacks Investment Research - 4 months ago

EV vs. ARES: Which Stock Is the Better Value Option?

Other stocks mentioned: EV
The Motley Fool - 4 months ago

This global investment manager has begun to devote more attention and money to renewable energy and climate infrastructure.

Business Wire - 5 months ago

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (the “Company” or “Floor & Decor”) (NYSE:FND) today announced the pricing of an underwritten public offering of 5,686,422 shares of commo...

Business Wire - 5 months ago

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 Of...

Business Wire - 5 months ago

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that funds managed by its Infrastructure and Power strategy have completed the sale of the 525 M...

Business Wire - 5 months ago

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.

Seeking Alpha - 5 months ago

Ares Management Corporation (ARES) CEO Michael Arougheti on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

Ares Management (ARES) delivered earnings and revenue surprises of 5.41% and -6.32%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 5 months ago

SEIC vs. ARES: Which Stock Is the Better Value Option?

Other stocks mentioned: SEIC
Benzinga - 5 months ago

Shares of Ares Management (NYSE:ARES) were flat in pre-market trading after the company reported Q2 results.

Business Wire - 5 months ago

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2020. GAAP net income attributable to Ares Mana...

Zacks Investment Research - 5 months ago

Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 5 months ago

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.

Zacks Investment Research - 6 months ago

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.

Business Wire - 6 months ago

LOS ANGELES & HONG KONG--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that its subsidiary, Ares Holdings L.P., has completed its previously disclosed acqu...

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
1,336
Stock Exchange
NYSE
Ticker Symbol
ARES
Full Company Profile

Financial Performance

In 2019, ARES's revenue was $1.77 billion, an increase of 84.20% compared to the previous year's $958.46 million. Earnings were $148.88 million, an increase of 161.11%.

Financial Statements

Analyst Forecasts

According to 11 analysts, the average rating for ARES stock is "Buy." The 12-month stock price forecast is 53.90, which is an increase of 19.04% from the latest price.

Price Target
$53.90
(19.04% upside)
Analyst Consensus: Buy