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Ares Management (ARES)
NYSE:ARES
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ARES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$107.69 - $176.31
Previous Close$175.01
Volume940.89K
Average Volume (3M)1.20M
Market Cap
$54.79B
Enterprise Value$55.09B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$304.20M
Price to Earnings (P/E)78.6
Beta1.36
Next Earnings
Feb 06, 2025EPS Estimate
$1.32Next Dividend Ex-Date
Dec 17, 2024Dividend Yield2.07%
Share Statistics
EPS (TTM)2.23
Shares Outstanding313,056,195
10 Day Avg. Volume1,125,625
30 Day Avg. Volume1,199,357
Standard Deviation0.09
R-Squared0.49
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)26.90
Price to Sales (P/S)11.46
Price to Cash Flow (P/CF)30.90
P/FCF Ratio30.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.01
Enterprise Value/Gross Profit15.74
Enterprise Value/Ebitda25.62
Forecast
1Y Price Target
$168.92Price Target Upside-3.76% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Ares Management News
Bulls Say, Bears Say
Bulls Say
Acquisition And ExpansionARES' pending acquisition of $44B in AUM provides diversification and scale across a new range of assets and geographies.
Financial PerformanceThe acquisition of GCP International is expected to generate approximately $200 million in FRE for the first 12 months, with growth anticipated to $245 million by 2026, indicating strong financial synergies.
Growth OpportunitiesMultiple sources of expected growth are identified, including execution on a $9 billion development pipeline and new capital to be raised for data center projects.
Bears Say
Financial PerformanceARES shares underperformed on a soft 3Q and ongoing concerns about margins and wealth distribution costs.
Market ValuationCurrent 24x-25x P/E on 2025E EPS is well above historical averages vs ARES' own multiple, vs the alt group, and vs S&P 500.
Valuation ConcernsThe upfront consideration of $3.5 billion equates to a high valuation multiple of 17.5x the expected FRE, which may raise concerns about the cost of the acquisition.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ARES FAQ
What was Ares Management’s price range in the past 12 months?
Ares Management lowest stock price was $107.69 and its highest was $176.31 in the past 12 months.
What is Ares Management’s market cap?
Currently, no data Available
When is Ares Management’s upcoming earnings report date?
Ares Management’s upcoming earnings report date is Feb 06, 2025 which is in 75 days.
How were Ares Management’s earnings last quarter?
Ares Management released its earnings results on Nov 01, 2024. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.939 by $0.011.
Is Ares Management overvalued?
According to Wall Street analysts Ares Management’s price is currently Overvalued.
Does Ares Management pay dividends?
Ares Management pays a Quarterly dividend of $0.93 which represents an annual dividend yield of 2.07%. See more information on Ares Management dividends here
What is Ares Management’s EPS estimate?
Ares Management’s EPS estimate is $1.32.
How many shares outstanding does Ares Management have?
Ares Management has 198,390,120 shares outstanding.
What happened to Ares Management’s price movement after its last earnings report?
Ares Management reported an EPS of $0.95 in its last earnings report, beating expectations of $0.939. Following the earnings report the stock price went down -3.465%.
Which hedge fund is a major shareholder of Ares Management?
Among the largest hedge funds holding Ares Management’s share is Lone Pine Capital LLC. It holds Ares Management’s shares valued at 320M.
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Ares Management Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$168.92 (-3.76% Downside)
$168.92 (-3.76% Downside)
Blogger Sentiment
Bullish
ARES Sentiment 90%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 101.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.66%
12-Months-Change
Fundamentals
Return on Equity
22.70%
Trailing 12-Months
Asset Growth
4.87%
Trailing 12-Months
Company Description
Ares Management
Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was by founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal on November 15, 2013 and is headquartered in Los Angeles, CA.
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ARES Company Deck
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ARES Earnings Call
Q3 2024
0:00 / 0:00
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ARES Stock 12 Month Forecast
Average Price Target
$168.92
▼(-3.76% Downside)
Technical Analysis
Best Analysts Covering ARES
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+46.88%
assigned a buy rating 2 months ago
Copying Benjamin Budish's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +46.88% per trade.
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