Latest On Ares Management Corporation (ARES):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2024-06-14 05:41 EST | Dividend | A dividend of $0.93 has been announced on May 2, 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 $0.93 has been announced on Feb 8, 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 $0.77 has been announced on Oct 31, 2023. It will be paid Dec 29, 2023 with an ex-dividend date of Dec 14, 2023. | Neutral | |
| 2023-09-14 05:41 EST | Dividend | A dividend of $0.77 has been announced on Aug 1, 2023. It will be paid Sep 29, 2023 with an ex-dividend date of Sep 14, 2023. | Neutral | |
| 2023-06-15 05:41 EST | Dividend | A dividend of $0.77 has been announced on Apr 28, 2023. It will be paid Jun 30, 2023 with an ex-dividend date of Jun 15, 2023. | Neutral | |
About Ares Management Corporation (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 segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and read more...originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
General
- Name Ares Management Corporation
- Symbol ARES
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryAsset Management
- Full Time Employees 1,450
- Fiscal Year EndDecember
- IPO Date2014-05-02
- Gic SectorFinancials
- Gic GroupDiversified Financials
- Gic IndustryCapital Markets
- Gic SubIndustryAsset Management & Custody Banks
- Web URLhttp://www.aresmgmt.com
Valuation
- Trailing PE 62.61
- Forward PE 24.51
- Price/Sales (Trailing 12 Mt.) 4.69
- Price/Book (Most Recent Quarter) 9.25
- Enterprise Value Revenue 10.44
- Enterprise Value EBITDA 25.17
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $2.29
- Next Year EPS Estimate $2.64
- Next Quarter EPS Estimate $0.49
- Profit Margin 9%
- Operating Margin 18%
- Return on Assets 1%
- Return on Equity 15%
- Revenue 1.76 billion
- Earnings Per Share $0.87
- Revenue Per Share $13.06
- Gross Profit 592.68 million
- Quarterly Earnings Growth 50.6%
Highlights
- Market Capitalization 8.16 billion
- EBITDA 352.31 million
- PE Ratio 73.07
- PEG Ratio 0.63
- Analyst Target Price $56.9
- Book Value Per Share $6.08
Share Statistics
- Shares Outstanding 149.54 million
- Shares Float 128.47 million
- % Held by Insiders 3187%
- % Held by Institutions 70.02%
- Shares Short 1.41 million
- Shares Short Prior Month 1.15 million
- Short Ratio 2.19
- Short % of Float 1%
- Short % of Shares Outstanding 1%
Technicals
- Beta 1.2
- 52 Week High $55.96
- 52 Week Low $19.46
- 50 Day Moving Average 51.04
- 200 Day Moving Average 45.96
Dividends
- Forward Annual Dividend Rate $1.88
- Forward Annual Dividend Yield 3.39%
- Payout Ratio 90%
- Dividend Date 2021-03-31
- ExDividend Date 2021-03-16
- Dividend Per Share $1.6
- Dividend Yield 2.3%
Ares Management Corporation (ARES) Dividend Calendar:
Ares Management Corporation pays an annual dividend of $1.88 per share, with a dividend yield of 2.3%.
ARES's last dividend payment was made to shareholders on March 31, 2021.
Ares Management Corporation pays out 90% of its earnings out as a dividend.
Ares Management Corporation (ARES) 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 Management Corporation (ARES) 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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Balance Sheet:
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Ares Management Corporation (ARES) Chart:
Ares Management Corporation (ARES) News:
Below you will find a list of latest news for Ares Management Corporation (ARES) from major news sources. You can filter the results to only show news from a specific source.
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Ares Management Corporation (ARES) 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 ARES Trades:
Ares Management Corporation (ARES) 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 |
|---|---|---|
| 2020-11-06 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-11-06 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-11-04 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-11-03 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-11-03 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-30 | 8-K (Current report) | |
| 2020-10-28 | 8-K (Current report) | |
| 2020-10-23 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-23 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-21 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-21 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-02 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-30 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-30 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-25 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-25 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-22 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-16 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-15 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-09-09 | 4 (Statement of changes in beneficial ownership of securities) | |
Ares Management Corporation (ARES) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Ares Management Corporation (ARES). 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: 3187%
Institutional Ownership: 7002%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-11-03 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 31,113.00 | 42.82 | 1,332,258.66 | 484,281.00 | |
| 2020-11-03 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 65,885.00 | 41.95 | 2,763,875.75 | 515,394.00 | |
| 2020-11-02 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 6,861.00 | 43.04 | 295,297.44 | 581,279.00 | |
| 2020-11-02 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 96,141.00 | 42.38 | 4,074,455.58 | 588,140.00 | |
| 2020-10-23 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 1,143.00 | 44.47 | 50,829.21 | 525,000.00 | |
| 2020-10-23 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 300.00 | 45.00 | 13,500.00 | 684,281.00 | |
| 2020-10-22 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 13,807.00 | 44.41 | 613,168.87 | 526,143.00 | |
| 2020-10-22 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 10,274.00 | 43.94 | 451,439.56 | 539,950.00 | |
| 2020-10-21 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 500.00 | 44.86 | 22,430.00 | 550,224.00 | |
| 2020-10-21 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 24,177.00 | 44.15 | 1,067,414.55 | 550,724.00 | |
| 2020-10-20 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 28,623.00 | 44.62 | 1,277,158.26 | 574,901.00 | |
| 2020-10-19 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 400.00 | 45.43 | 18,172.00 | 603,524.00 | |
| 2020-10-19 | Bennett Rosenthal | Co-Founder & Co-Chair of PEG | Sell | 46,076.00 | 44.78 | 2,063,283.28 | 603,924.00 | |
| 2020-10-19 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 15,419.00 | 45.11 | 695,551.09 | 684,581.00 | |
| 2020-10-02 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 37,217.00 | 41.07 | 1,528,502.19 | 700,000.00 | |
| 2020-10-02 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 27,951.00 | 40.65 | 1,136,208.15 | 737,217.00 | |
| 2020-10-01 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 134,832.00 | 40.43 | 5,451,257.76 | 765,168.00 | |
| 2020-09-30 | Michael J Arougheti | Co-Founder, CEO and President | Sell | 65,347.00 | 40.50 | 2,646,553.50 | 499,999.00 | |
| 2020-09-29 | Michael J Arougheti | Co-Founder, CEO and President | Sell | 108,648.00 | 40.23 | 4,370,909.04 | 565,346.00 | |
| 2020-09-29 | DAVID B KAPLAN | Co-Founder & Co-Chair of PEG | Sell | 7,895.00 | 40.27 | 317,931.65 | 900,000.00 | |