Ares Management Corp (ARES)

$175.01

+3.12

(+1.82%)▲

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $171.10
    $176.28
    $175.01
    downward going graph

    2.23%

    Downside

    Day's Volatility :2.94%

    Upside

    0.72%

    downward going graph
  • $105.89
    $175.74
    $175.01
    downward going graph

    39.5%

    Downside

    52 Weeks Volatility :39.75%

    Upside

    0.42%

    downward going graph

Returns

PeriodAres Management CorpSector (Financials)Index (Russel 2000)
3 Months
18.96%
13.1%
0.0%
6 Months
19.68%
17.4%
0.0%
1 Year
59.33%
41.0%
0.0%
3 Years
96.45%
27.0%
-24.5%

Highlights

Market Capitalization
53.3B
Book Value
$10.29
Dividend Share
3.56
Dividend Yield
2.18%
Earnings Per Share (EPS)
2.2
PE Ratio
77.43
PEG Ratio
0.63
Wall Street Target Price
174.385
Profit Margin
12.51%
Operating Margin TTM
25.6%
Return On Assets TTM
2.97%
Return On Equity TTM
21.68%
Revenue TTM
3.7B
Revenue Per Share TTM
18.89
Quarterly Revenue Growth YOY
68.30000000000001%
Gross Profit TTM
1.2B
EBITDA
1.3B
Diluted Eps TTM
2.2
Quarterly Earnings Growth YOY
0.83
EPS Estimate Current Year
4.06
EPS Estimate Next Year
5.57
EPS Estimate Current Quarter
0.94
EPS Estimate Next Quarter
1.39

Analyst Recommendation

Buy
    63%Buy
    36%Hold
    0
    0%Sell
Based on 19 Wall street analysts offering stock ratings for Ares Management Corp(by analysts ranked 0 to 5 stars)
Based on 19 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
12
12
12
Hold
7
8
8
Sell
00
00
00

Analyst Forecast

What analysts predicted

Downside of 0.36%

Current $175.01
Target $174.38

Company Financials

FY18Y/Y Change
Revenue
958.5M
↓ 32.29%
Net Income
57.0M
↓ 25.15%
Net Profit Margin
5.95%
↑ 0.57%
FY19Y/Y Change
Revenue
1.8B
↑ 84.2%
Net Income
372.8M
↑ 553.81%
Net Profit Margin
21.12%
↑ 15.17%
FY20Y/Y Change
Revenue
1.8B
↓ 0.08%
Net Income
120.0M
↓ 67.81%
Net Profit Margin
6.8%
↓ 14.32%
FY21Y/Y Change
Revenue
4.2B
↑ 138.77%
Net Income
368.6M
↑ 207.22%
Net Profit Margin
8.75%
↑ 1.95%
FY22Y/Y Change
Revenue
3.1B
↓ 27.46%
Net Income
153.4M
↓ 58.37%
Net Profit Margin
5.02%
↓ 3.73%
FY23Y/Y Change
Revenue
3.6B
↑ 18.87%
Net Income
474.3M
↑ 209.12%
Net Profit Margin
13.06%
↑ 8.04%
Q2 FY23Q/Q Change
Revenue
1.1B
↑ 34.42%
Net Income
144.5M
↓ 30.29%
Net Profit Margin
13.22%
↓ 12.27%
Q3 FY23Q/Q Change
Revenue
671.3M
↓ 38.6%
Net Income
56.5M
↓ 60.91%
Net Profit Margin
8.41%
↓ 4.81%
Q4 FY23Q/Q Change
Revenue
1.1B
↑ 57.02%
Net Income
168.6M
↑ 198.51%
Net Profit Margin
16.0%
↑ 7.59%
Q1 FY24Q/Q Change
Revenue
707.4M
↓ 32.89%
Net Income
65.8M
↓ 61.0%
Net Profit Margin
9.3%
↓ 6.7%
Q2 FY24Q/Q Change
Revenue
788.7M
↑ 11.5%
Net Income
94.9M
↑ 44.38%
Net Profit Margin
12.04%
↑ 2.74%
Q3 FY24Q/Q Change
Revenue
1.2B
↑ 50.82%
Net Income
118.5M
↑ 24.78%
Net Profit Margin
9.96%
↓ 2.08%
FY18Y/Y Change
Total Assets
10.2B
↑ 18.58%
Total Liabilities
8.8B
↑ 23.33%
FY19Y/Y Change
Total Assets
12.0B
↑ 18.31%
Total Liabilities
10.2B
↑ 15.93%
FY20Y/Y Change
Total Assets
15.2B
↑ 26.26%
Total Liabilities
12.7B
↑ 25.03%
FY21Y/Y Change
Total Assets
21.6B
↑ 42.43%
Total Liabilities
17.8B
↑ 40.12%
FY22Y/Y Change
Total Assets
22.0B
↑ 1.84%
Total Liabilities
18.2B
↑ 2.32%
FY23Y/Y Change
Total Assets
24.7B
↑ 12.4%
Total Liabilities
19.7B
↑ 8.27%
Q2 FY23Q/Q Change
Total Assets
23.1B
↑ 5.43%
Total Liabilities
19.1B
↑ 7.16%
Q3 FY23Q/Q Change
Total Assets
23.4B
↑ 1.15%
Total Liabilities
19.4B
↑ 1.25%
Q4 FY23Q/Q Change
Total Assets
24.7B
↑ 5.76%
Total Liabilities
20.3B
↑ 4.6%
Q1 FY24Q/Q Change
Total Assets
24.4B
↓ 1.28%
Total Liabilities
19.4B
↓ 4.31%
Q2 FY24Q/Q Change
Total Assets
24.2B
↓ 0.9%
Total Liabilities
18.4B
↓ 4.89%
Q3 FY24Q/Q Change
Total Assets
24.5B
↑ 1.36%
Total Liabilities
18.6B
↑ 1.13%
FY18Y/Y Change
Operating Cash Flow
-1.4B
↓ 23.94%
Investing Cash Flow
-18.4M
↓ 44.45%
Financing Cash Flow
1.4B
↓ 15.09%
FY19Y/Y Change
Operating Cash Flow
-2.1B
↑ 46.99%
Investing Cash Flow
-16.8M
↓ 8.81%
Financing Cash Flow
2.1B
↑ 51.02%
FY20Y/Y Change
Operating Cash Flow
-425.7M
↓ 79.57%
Investing Cash Flow
-136.8M
↑ 714.27%
Financing Cash Flow
943.9M
↓ 55.53%
FY21Y/Y Change
Operating Cash Flow
-2.6B
↑ 509.89%
Investing Cash Flow
-1.1B
↑ 693.07%
Financing Cash Flow
3.5B
↑ 271.19%
FY22Y/Y Change
Operating Cash Flow
-734.1M
↓ 71.72%
Investing Cash Flow
-337.4M
↓ 68.89%
Financing Cash Flow
1.1B
↓ 67.8%
Q2 FY23Q/Q Change
Operating Cash Flow
-699.1M
↓ 198.8%
Investing Cash Flow
-12.3M
↑ 38.0%
Financing Cash Flow
723.6M
↓ 188.13%
Q3 FY23Q/Q Change
Operating Cash Flow
318.3M
↓ 145.53%
Investing Cash Flow
-23.1M
↑ 88.16%
Financing Cash Flow
-244.1M
↓ 133.73%

Technicals Summary

Sell

Neutral

Buy

Ares Management Corp is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Ares Management Corp
Ares Management Corp
1.9%
19.68%
59.33%
96.45%
434.15%
Blackstone Inc
Blackstone Inc
8.35%
44.88%
74.92%
28.15%
258.17%
Kkr & Co. L.p.
Kkr & Co. L.p.
8.26%
42.91%
123.07%
94.36%
423.68%
Blackrock, Inc.
Blackrock, Inc.
2.41%
27.3%
41.4%
11.46%
111.28%
Apollo Asset Management Inc
Apollo Asset Management Inc
12.52%
42.01%
85.19%
114.75%
284.45%
Brookfield Corp
Brookfield Corp
1.79%
26.47%
66.12%
-4.2%
48.26%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Ares Management Corp
Ares Management Corp
76.45
77.43
0.63
4.06
0.22
0.03
0.02
10.29
Blackstone Inc
Blackstone Inc
62.56
63.76
2.3
4.39
0.22
0.1
0.02
9.13
Kkr & Co. L.p.
Kkr & Co. L.p.
46.48
47.45
1.04
4.73
0.08
0.02
0.0
27.14
Blackrock, Inc.
Blackrock, Inc.
25.98
25.51
1.85
43.24
0.15
0.04
0.02
278.32
Apollo Asset Management Inc
Apollo Asset Management Inc
17.37
17.77
1.37
7.12
0.34
0.03
0.01
29.1
Brookfield Corp
Brookfield Corp
121.98
123.43
NA
4.99
0.02
0.02
0.01
27.36
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Ares Management Corp
Ares Management Corp
Buy
$52.3B
434.15%
76.45
12.51%
Blackstone Inc
Blackstone Inc
Hold
$220.0B
258.17%
62.56
19.97%
Kkr & Co. L.p.
Kkr & Co. L.p.
Buy
$138.4B
423.68%
46.48
10.75%
Blackrock, Inc.
Blackrock, Inc.
Buy
$155.5B
111.28%
25.98
31.37%
Apollo Asset Management Inc
Apollo Asset Management Inc
Buy
$93.0B
284.45%
17.37
18.46%
Brookfield Corp
Brookfield Corp
Buy
$85.8B
48.26%
121.98
1.1%

Insights on Ares Management Corp

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 707.36M → 1.18B (in $), with an average increase of 22.0% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 3 quarters, 65.75M → 118.46M (in $), with an average increase of 25.3% per quarter

  • Vs KKR

    In the last 1 year, Kkr & Co. L.p. has given 123.1% return, outperforming this stock by 63.8%

Institutional Holdings

  • Wellington Management Company LLP

    9.24%

  • Vanguard Group Inc

    8.87%

  • Sumitomo Mitsui Financial Group Inc

    6.62%

  • BlackRock Inc

    6.37%

  • Capital World Investors

    5.22%

  • JPMorgan Chase & Co

    3.75%

Corporate Announcements

  • Ares Management Corp Dividends March,2024

    In the quarter ending March,2024. Ares Management Corp has declared dividend of $0.93

    Read More

Company Information

ares management, l.p. is a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management,* and more than 15 offices in the united states, europe, asia and australia.* since its inception in 1997, ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. ares believes each of its distinct but complementary investment groups in credit, private equity and real estate is a market leader based on assets under management and investment performance. ares was built upon the fundamental principle that each group benefits from being part of the greater whole. for more information, please visit www.aresmgmt.com. * as of december 31, 2017, aum amounts include funds managed by ivy hill asset management, l.p., a wholly owned portfolio company of ares capital corporation and a registered investment adviser.

Organization
Ares Management Corp
Employees
2918
CEO
Mr. Antony Peter Ressler
Industry
Finance

FAQs