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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$101.44 - $171.78
Previous Close$159.68
Volume1.42M
Average Volume (3M)1.13M
Market Cap
$50.32B
Enterprise Value$50.63B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$304.20M
Price to Earnings (P/E)70.5
Beta1.32
Next Earnings
Feb 06, 2025EPS Estimate
$1.32Next Dividend Ex-Date
Dec 17, 2024Dividend Yield2.2%
Share Statistics
EPS (TTM)2.27
Shares Outstanding312,993,563
10 Day Avg. Volume1,246,441
30 Day Avg. Volume1,127,262
Standard Deviation0.09
R-Squared0.49
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)24.99
Price to Sales (P/S)10.89
Price to Cash Flow (P/CF)29.30
P/FCF Ratio29.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.72
Enterprise Value/Gross Profit14.46
Enterprise Value/Ebitda28.65
Forecast
1Y Price Target
$168.58Price Target Upside5.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Ares Management News
Bulls Say, Bears Say
Bulls Say
Acquisition SynergiesThe 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.
Capital Raising SuccessCapital raising of $20.7B in 3Q came in better than the $19B consensus estimate, with expectations for even better results in 4Q.
Real Estate ExpansionThe acquisition will more than double ARES' real estate assets under management to $96B.
Bears Say
EarningsARES 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.
ValuationThe 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 $101.44 and its highest was $171.78 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 93 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 Undervalued.
Does Ares Management pay dividends?
Ares Management pays a Quarterly dividend of $0.93 which represents an annual dividend yield of 2.2%. 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 198,334,670 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 210M.
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Ares Management Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$168.58 (5.57% Upside)
$168.58 (5.57% Upside)
Blogger Sentiment
Bullish
ARES Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 14.5%
Last 30 Days ▲ 14.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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
$168.58
▲(5.57% Upside)
Technical Analysis
Best Analysts Covering ARES
1 Year
1 Year Success Rate
19/19 ratings generated profit
1 Year Average Return
+43.06%
assigned a buy rating 29 days 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 +43.06% per trade.
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