ARES - Ares Management Corporation
After hours:
| Previous Close | 91.96 |
| Open | 92.14 |
| Bid | 88.65 x 800 |
| Ask | 92.15 x 1000 |
| Day's Range | 91.02 - 92.75 |
| 52 Week Range | 53.15 - 92.75 |
| Volume | |
| Avg. Volume | 1,062,528 |
| Market Cap | 27.734B |
| Beta (5Y Monthly) | 1.33 |
| PE Ratio (TTM) | 80.89 |
| EPS (TTM) | 1.14 |
| Earnings Date | Jul 26, 2023 - Jul 31, 2023 |
| Forward Dividend & Yield | 3.08 (3.40%) |
| Ex-Dividend Date | Jun 15, 2023 |
| 1y Target Est | 99.18 |
BloombergAres' Direct Loan Fund Raises $8.7 Billion Against Challenging Backdrop
(Bloomberg) -- Ares Management Corp.’s latest European direct lending fund has raised $8.7 billion so far, according to an SEC filing, as the alternative asset manager seeks to build the largest investment vehicle of its kind in the face of a global slowdown in fundraising.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverApple’s $3,499
Business WireAres Management Corporation to Present at the Morgan Stanley US Financials, Payments & CRE Conference
NEW YORK, June 05, 2023--Ares Management Corporation announced today that its Chief Financial Officer, Jarrod Phillips, is scheduled to present at the Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 13, 2023 at 11:00am ET.
Simply Wall St.Ares Management (NYSE:ARES) Will Pay A Larger Dividend Than Last Year At $0.77
Ares Management Corporation ( NYSE:ARES ) has announced that it will be increasing its dividend from last year's...
Business WireAres Management Corporation to Present at the Bernstein 39th Annual Strategic Decisions Conference
NEW YORK, May 22, 2023--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023 at 2:30pm ET.
- Simply Wall St.
Ares Management (NYSE:ARES) Is Increasing Its Dividend To $0.77
Ares Management Corporation ( NYSE:ARES ) has announced that it will be increasing its dividend from last year's...
Business WireAres Management Serves as Lead Arranger and Junior Agent for $3 Billion in Financing to Support the Acquisition of Merchants Fleet by Bain Capital, ADIA and the Merchants Executive Team
NEW YORK, May 04, 2023--Ares Management Corporation (NYSE: ARES) ("Ares") announced today that funds managed by its U.S. Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet (the "Company") as part of the acquisition by Bain Capital, a wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") and the Merchants executive team. BNP Paribas served as financing adv
- Simply Wall St.
Ares Management's (NYSE:ARES) Dividend Will Be Increased To $0.77
The board of Ares Management Corporation ( NYSE:ARES ) has announced that it will be paying its dividend of $0.77 on...
- Thomson Reuters StreetEvents
Q1 2023 Ares Management Corp Earnings Call
Q1 2023 Ares Management Corp Earnings Call
ZacksAres Management (ARES) Q1 Earnings and Revenues Lag Estimates
Ares Management (ARES) delivered earnings and revenue surprises of -13.41% and 5.70%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireAres Management Corporation Announces U.S. Direct Lending Origination Activity for the First Quarter and Last Twelve Months 2023
NEW YORK, April 28, 2023--Ares Management Corporation announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $2.1 billion in U.S. direct lending commitments across 35 transactions during the first quarter of 2023 and approximately $23.5 billion in U.S. direct lending commitments across 189 transactions in the last twelve-month period ended March 31, 2023. Below is a description of selected transactions that Ares closed during the first quarter.
Business WireAres Management Corporation Reports First Quarter 2023 Results
NEW YORK, April 28, 2023--Ares Management Corporation (NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2023.
ZacksShould You Buy Ares Management (ARES) Ahead of Earnings?
Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Business Wire
US Heart & Vascular Expands to Kansas through Partnership with Heartland Cardiology
NASHVILLE, Tenn., April 27, 2023--US Heart & Vascular ("USHV"), a leading national provider of support services to cardiovascular physician practices, announced its partnership with Heartland Cardiology ("Heartland"), a Wichita-based cardiovascular physician practice focused on preventative care, diagnostic testing, curative procedures and electrophysiology services.
Business WireAres Strategic Income Fund Launches with $1.5 Billion of Investible Capital
NEW YORK, April 24, 2023--Ares Management Corporation (NYSE: ARES) ("Ares"), a leading global alternative investment manager, announced today the launch of Ares Strategic Income Fund ("ASIF" or the "Fund"), a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated, senior secured, floating-rate loans to U.S. middle-market companies. The Fund has launched with approximately $1.5 billion in initial investible capital,
ZacksFranklin Resources (BEN) Expected to Beat Earnings Estimates: Should You Buy?
Franklin Resources (BEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ZacksWhat's in Store for Principal Financial (PFG) in Q1 Earnings?
Principal Financial (PFG) first-quarter 2023 earnings are likely to reflect growth in the Specialty Benefits insurance business, higher Individual Life insurance premiums and higher investment returns on average invested assets and cash.
- Zacks
Ares Management (ARES) Earnings Expected to Grow: Should You Buy?
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.
ZacksWhy Ares Management (ARES) is Poised to Beat Earnings Estimates Again
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.
ZacksImplied Volatility Surging for Ares Management (ARES) Stock Options
Investors need to pay close attention to Ares Management (ARES) stock based on the movements in the options market lately.
ZacksReasons Why Investors Should Retain Principal Financial (PFG)
Principal Financial (PFG) remains well poised to gain from strong retention and employment growth, improved claim experience, growth in the business and effective capital deployment.
Business WireCION Ares Diversified Credit Fund Announces Second Distribution Rate Increase in 2023
NEW YORK, April 04, 2023--CION Ares Management LLC, a joint venture between affiliates of CION Investments ("CION"), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation ("Ares"), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund ("CADC" or the "Fund") distribution rate has increased for all share classes.
Business WireAres Management Corporation Schedules Earnings Release and Conference Call for the First Quarter Ending March 31, 2023
NEW YORK, April 03, 2023--Ares Management Corporation announced today that it will report earnings for the first quarter ending March 31, 2023 on Friday, April 28, 2023 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m. (Eastern Time) to discuss its first quarter ending March 31, 2023 financial results.
ZacksIs Ares Management (ARES) Stock Outpacing Its Finance Peers This Year?
Here is how Ares Management (ARES) and CaixaBank, S.A. Unsponsored ADR (CAIXY) have performed compared to their sector so far this year.
ZacksHere's Why You Should Hold Franklin (BEN) in Your Portfolio
Franklin (BEN) benefits from strategic acquisitions and a strong distribution platform, which are expected to increase revenues in the upcoming period. Yet, rising operating expenses are concerning.
Business WireAres Management and Mubadala Announce the Creation of a Joint Venture to Invest in Global Credit Secondaries Opportunities
NEW YORK, March 22, 2023--Ares Management Corporation ("Ares") (NYSE: ARES), a leading global alternative investment manager, and Mubadala Investment Company ("Mubadala"), a global sovereign investor, today announced the formation of a joint venture to invest in global credit secondaries opportunities.