Ares Management Corporation (ARES)
| 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 |
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...
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...
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, ...
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...
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...
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...
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...
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...
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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 ...
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...
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...
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...
Ares Management Corporation (ARES) CEO Michael Arougheti on Q3 2020 Results - Earnings Call Transcript
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...
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 ...
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), ...
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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...
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.
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...
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.
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...
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...
Does Ares Management (ARES) have what it takes to be a top stock pick for momentum investors? Let's find out.
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).
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...
Ares Management: Undervalued With Plenty Of Dry Powder
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...
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...
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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...
Ares Management Corporation (ARES) Management Presents at Barclays Global Financial Services Conference (Transcript)
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...
This global investment manager has begun to devote more attention and money to renewable energy and climate infrastructure.
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...
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...
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...
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.
Ares Management Corporation (ARES) CEO Michael Arougheti on Q2 2020 Results - Earnings Call Transcript
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?
Shares of Ares Management (NYSE:ARES) were flat in pre-market trading after the company reported Q2 results.
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...
Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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.
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 & 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 |
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%.
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.