Latest On Ares Capital Corporation (ARCC):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2024-06-14 05:41 EST | Dividend | A dividend of $0.48 has been announced on May 1, 2024. It will be paid Jun 28, 2024 with an ex-dividend date of Jun 14, 2024. | Neutral |  |
| 2024-03-14 05:41 EST | Dividend | A dividend of $0.48 has been announced on Feb 7, 2024. It will be paid Mar 29, 2024 with an ex-dividend date of Mar 14, 2024. | Neutral | |
| 2023-12-14 04:41 EST | Dividend | A dividend of $0.48 has been announced on Oct 24, 2023. It will be paid Dec 28, 2023 with an ex-dividend date of Dec 14, 2023. | Neutral | |
| 2023-09-14 05:41 EST | Dividend | A dividend of $0.48 has been announced on Jul 25, 2023. It will be paid Sep 29, 2023 with an ex-dividend date of Sep 14, 2023. | Neutral | |
| 2023-06-14 05:41 EST | Dividend | A dividend of $0.48 has been announced on Apr 25, 2023. It will be paid Jun 30, 2023 with an ex-dividend date of Jun 14, 2023. | Neutral | |
About Ares Capital Corporation (ARCC):
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles read more... office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
General
- Name Ares Capital Corporation
- Symbol ARCC
- Type Common Stock
- Exchange NASDAQ
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryAsset Management
- Fiscal Year EndDecember
- IPO Date2004-10-06
- Gic SectorFinancials
- Gic GroupDiversified Financials
- Gic IndustryCapital Markets
- Gic SubIndustryAsset Management & Custody Banks
- Web URLhttp://www.arescapitalcorp.com
Valuation
- Trailing PE 15.88
- Forward PE 10.95
- Price/Sales (Trailing 12 Mt.) 11.25
- Price/Book (Most Recent Quarter) 1.17
- Enterprise Value Revenue 16.78
- Enterprise Value EBITDA 10.19
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $1.72
- Next Year EPS Estimate $1.77
- Next Quarter EPS Estimate $0.41
- Profit Margin 32%
- Operating Margin 75%
- Return on Assets 5%
- Return on Equity 7%
- Revenue 1.51 billion
- Earnings Per Share $1.14
- Revenue Per Share $3.56
- Gross Profit 1.51 billion
- Quarterly Earnings Growth 14%
Highlights
- Market Capitalization 7.91 billion
- PE Ratio 7.89
- PEG Ratio 3.95
- Analyst Target Price $19.14
- Book Value Per Share $16.97
Share Statistics
- Shares Outstanding 436.85 million
- % Held by Insiders 60%
- % Held by Institutions 32.8%
- Shares Short 2.48 million
- Shares Short Prior Month 5.33 million
- Short Ratio 0.95
- Short % of Float 1%
- Short % of Shares Outstanding 1%
Technicals
- Beta 1.26
- 52 Week High $18.95
- 52 Week Low $7.24
- 50 Day Moving Average 18.26
- 200 Day Moving Average 16.16
Dividends
- Forward Annual Dividend Rate $1.6
- Forward Annual Dividend Yield 8.56%
- Payout Ratio 86%
- Dividend Date 2018-12-28
- ExDividend Date 2021-03-12
- Dividend Per Share $1.6
- Dividend Yield 8.65%
Ares Capital Corporation (ARCC) Dividend Calendar:
Ares Capital Corporation pays an annual dividend of $1.6 per share, with a dividend yield of 8.65%.
ARCC's last dividend payment was made to shareholders on December 28, 2018.
Ares Capital Corporation pays out 86% of its earnings out as a dividend.
Ares Capital Corporation (ARCC) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Ares Capital Corporation (ARCC) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
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Cash Flow:
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| Investments |
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Balance Sheet:
| Date |
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Ares Capital Corporation (ARCC) Chart:
Ares Capital Corporation (ARCC) News:
Below you will find a list of latest news for Ares Capital Corporation (ARCC) from major news sources. You can filter the results to only show news from a specific source.
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Ares Capital Corporation (ARCC) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest ARCC Trades:
Ares Capital Corporation (ARCC) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-10-30 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-30 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-30 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-27 | 8-K (Current report) | |
| 2020-10-27 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-10-19 | SC 13G/A (Statement of acquisition of beneficial ownership by individuals) | |
| 2020-10-13 | 40-17G (Fidelity Bond [Rule 17G-1(g)]) | |
| 2020-09-23 | 8-K (Current report) | |
| 2020-09-17 | 424B2 (Prospectus [Rule 424(b)(2)]) | |
| 2020-09-16 | N-2 (Registration statement for closed-end investment companies) | |
| 2020-09-16 | 424B2 (Prospectus [Rule 424(b)(2)]) | |
| 2020-09-16 | FWP (Filing under Securities Act Rules 163/433 of free writing prospectuses) | |
| 2020-09-16 | 497AD (Filing by certain investment companies of Rule 482 advertising [Rule 497 and 482(c)]) | |
| 2020-09-16 | 497AD (Filing by certain investment companies of Rule 482 advertising [Rule 497 and 482(c)]) | |
| 2020-09-16 | 497AD (Filing by certain investment companies of Rule 482 advertising [Rule 497 and 482(c)]) | |
| 2020-09-16 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-11 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-24 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-19 | 4 (Statement of changes in beneficial ownership of securities) | |
Ares Capital Corporation (ARCC) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Ares Capital Corporation (ARCC). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 60%
Institutional Ownership: 3280%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-10-30 | Joshua M Bloomstein | General Counsel, VP & Sec. | Buy | 3,000.00 | 13.75 | 41,250.00 | 16,500.00 | |
| 2020-10-28 | Michael J Arougheti | Executive Vice President | Buy | 10,000.00 | 13.92 | 139,200.00 | 1,308,080.00 | |
| 2020-10-28 | Joshua M Bloomstein | General Counsel, VP & Sec. | Buy | 2,000.00 | 13.82 | 27,640.00 | 13,500.00 | |
| 2020-10-28 | R. Kipp deVeer | Chief Executive Officer | Buy | 75,000.00 | 13.98 | 1,048,500.00 | 300,000.00 | |
| 2020-09-14 | Michael Lewis Smith | Co-President | Buy | 35,000.00 | 14.25 | 498,750.00 | 35,000.00 | |
| 2020-09-11 | MICHAEL K PARKS | Director | Buy | 2,500.00 | 14.58 | 36,450.00 | 21,199.00 | |
| 2020-09-11 | ERIC B SIEGEL | Director | Buy | 1,816.00 | 14.50 | 26,332.00 | 42,732.00 | |
| 2020-09-09 | MICHAEL K PARKS | Director | Buy | 5,000.00 | 14.10 | 70,500.00 | 18,699.00 | |
| 2020-08-19 | Robert L Rosen | Director | Buy | 5,000.00 | 14.17 | 70,850.00 | 48,006.00 | |
| 2020-08-18 | MICHAEL K PARKS | Director | Buy | 2,000.00 | 14.23 | 28,460.00 | 13,699.00 | |
| 2020-08-18 | Robert L Rosen | Director | Buy | 2,500.00 | 14.38 | 35,950.00 | 43,006.00 | |
| 2020-08-17 | MICHAEL K PARKS | Director | Buy | 3,000.00 | 14.31 | 42,930.00 | 11,699.00 | |
| 2020-08-17 | Robert L Rosen | Director | Buy | 2,500.00 | 14.22 | 35,550.00 | 40,506.00 | |
| 2020-06-12 | MICHAEL K PARKS | Director | Buy | 2,000.00 | 14.62 | 29,240.00 | 8,521.00 | |
| 2020-06-11 | MICHAEL K PARKS | Director | Buy | 2,000.00 | 14.71 | 29,420.00 | 6,521.00 | |
| 2020-05-06 | PENELOPE F ROLL | Chief Financial Officer | Buy | 500.00 | 13.28 | 6,640.00 | 59,805.00 | |
| 2020-03-13 | Steven B. McKeever | Director | Buy | 1,800.00 | 13.71 | 24,678.00 | 34,107.00 | |
| 2020-03-12 | Steven B. McKeever | Director | Buy | 3,375.00 | 14.57 | 49,173.75 | 32,307.00 | |
| 2020-03-12 | PENELOPE F ROLL | Chief Financial Officer | Buy | 1,000.00 | 14.34 | 14,340.00 | 59,305.00 | |
| 2019-12-05 | Steven B. McKeever | Director | Buy | 3,000.00 | 18.75 | 56,250.00 | 28,322.00 | |