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Date | Price Target | Rating | Analyst |
---|---|---|---|
1/27/2025 | $224.00 | Overweight | Barclays |
12/20/2024 | $166.00 → $202.00 | Mkt Perform → Outperform | Keefe Bruyette |
12/12/2024 | $212.00 | Equal Weight → Overweight | Wells Fargo |
9/12/2024 | $156.00 | Equal Weight | Wells Fargo |
8/27/2024 | $140.00 | Neutral | Redburn Atlantic |
6/13/2024 | $176.00 → $132.00 | Buy → Hold | Deutsche Bank |
5/28/2024 | $176.00 | Buy | Deutsche Bank |
5/7/2024 | $154.00 | Buy | TD Cowen |
DIVIDEND DECLARATIONS Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced that its Board of Directors has declared a first quarter 2025 dividend of $0.48 per share. The first quarter 2025 dividend is payable on March 31, 2025 to stockholders of record as of March 14, 2025. DECEMBER 31, 2024 FINANCIAL RESULTS Ares Capital also announced financial results for its fourth quarter and year ended December 31, 2024. OPERATING RESULTS Q4-24(4) Q4-23(4) FY-24 FY-23 (dollar amounts in millions, except per share data) Total Amount Per Share Total Amoun
Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2024. GAAP net income attributable to Ares Management Corporation was $177.3 million for the quarter ended December 31, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.72 for the quarter ended December 31, 2024. After-tax realized income was $434.7 million for the quarter ended December 31, 2024. After-tax realized income per share of Class A common stock was $1.23 for the quarter ended December 31, 2024. Fee related earnings were $396.2 million for the quart
Ares Capital Corporation ("Ares Capital" or the "Company") (NASDAQ:ARCC) announced today the tax treatment of the Company's 2024 common stock distributions (CUSIP #: 04010L103). Record Date Payable Date Total Paid Per Share Ordinary Income Per Share Long Term Capital Gains per Share (2) Interest - Related Dividends (3) Ordinary Rate 20% Rate (1) 3/15/2024 3/29/2024 $ 0.4800 $ 0.401573 $ 0.078427 $ 0.0000 92.2104% 6/14/2024 6/28/2024 $ 0.4800 $ 0.401573 $ 0.078427 $ 0.0000 92.2104% 9/13/2024
4 - Ares Management Corp (0001176948) (Issuer)
4 - Ares Management Corp (0001176948) (Issuer)
4 - Ares Management Corp (0001176948) (Issuer)
SC 13G/A - Ares Management Corp (0001176948) (Subject)
SC 13G/A - Ares Management Corp (0001176948) (Subject)
SC 13G/A - Ares Management Corp (0001176948) (Subject)
Barclays resumed coverage of Ares Management with a rating of Overweight and set a new price target of $224.00
Keefe Bruyette upgraded Ares Management from Mkt Perform to Outperform and set a new price target of $202.00 from $166.00 previously
Wells Fargo upgraded Ares Management from Equal Weight to Overweight and set a new price target of $212.00
Ares Management Corporation (NYSE:ARES) ("Ares"), a leading global alternative investment manager, announced today that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, Inc. (NASDAQ:TEM) ("Tempus"), a technology company leading the adoption of AI to advance precision medicine and patient care. The financing is intended to support Tempus' previously announced acquisition of Ambry Genetics ("Ambry"), which closed on February 3, 2025. Combined with $260 million of capital provided in 2022 and 2023, Ares Credit funds have provided Tempus a total debt package of approximately $560 million. Founded in 2015, Tempus is bringing data
BOULDER, Colo., Feb. 11, 2025 /PRNewswire/ -- TIFIN AMP Inc. ("TIFIN AMP"), an AI-powered distribution intelligence platform, is excited to announce a strategic relationship with Ares Wealth Management Solutions ("AWMS"), the global private wealth platform of Ares Management Corporation (NYSE:ARES) ("Ares"). Through this relationship, TIFIN will provide AWMS an AI-powered solution designed to enhance the productivity of AWMS' distribution teams and support accelerated growth across the U.S. advisor-sold channel by delivering targeted solutions and helping align sales and marketing efforts with the most impactful opportunities.
Mereo Insurance Limited, a new reinsurance platform, has received an A- credit rating from AM Best, and begins operations this week in an attractive global property and casualty reinsurance market. The common equity was led by Susquehanna Private Equity Investments, LLLP, a member of the Susquehanna International Group of Companies, and The Andover Companies, with preferred equity provided by Ares Management Alternative Credit funds ("Ares"). This first close will allow the platform to offer flexible, scalable and timely solutions to the reinsurance market immediately. The reinsurance market is currently pricing at attractive risk-adjusted rate adequacy levels and has created a unique inv
Michael Arougheti to Continue as Chief Executive Officer Ares Management Corporation (NYSE:ARES) ("Ares"), a leading global alternative investment manager, announced today that it has appointed Kipp deVeer and Blair Jacobson to the newly created positions of Co-Presidents, effective immediately. Both Mr. deVeer and Mr. Jacobson will report to Michael Arougheti, Ares' Chief Executive Officer. Mr. deVeer and Mr. Jacobson will continue to be based in New York and London, respectively. Mr. deVeer and Mr. Jacobson will transition from their day-to-day management in the Credit Group to work closely with Mr. Arougheti to help drive firm-wide strategic and operational initiatives, support criti
Kipp deVeer to Step Down as CEO Effective April 30, 2025, and Will Remain as a Board Director Ares Capital Corporation (NASDAQ:ARCC) ("Ares Capital" or the "Company") announced today that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the Company, effective April 30, 2025. Concurrently, Kipp deVeer will be stepping down as CEO and will remain a member of the Board of Directors. Mr. deVeer will also continue to serve as a member of the Investment Committee of Ares Capital's investment adviser. Jim Miller, who was appointed Co-President of Ares Capital in October 2024, will continue as the Company's sole President. Mr. Schnabel joined Ares Management Corporati
Ares Management Corporation (NYSE:ARES) ("Ares") announced today that Kevin Alexander, Partner in Ares' Alternative Credit strategy, has been promoted to Co-Head of Alternative Credit alongside current Co-Heads Keith Ashton and Joel Holsinger, effective immediately. Mr. Alexander joined Ares in 2019 and has been a key leader and contributor to the Alternative Credit team's growth and success, playing an instrumental role in the strategy's investment origination and structuring efforts. Currently, Mr. Alexander serves as a member of the Ares Alternative Credit and Pathfinder Investment Committees, the Ares Credit Secondaries Investment Committee and the Ares Insurance Solutions Investment
SCHEDULE 13G/A - Ares Management Corp (0001176948) (Subject)
8-K - Ares Management Corp (0001176948) (Filer)
8-K - Ares Management Corp (0001176948) (Filer)
4 - Ares Management Corp (0001176948) (Reporting)
4 - Ares Management Corp (0001176948) (Reporting)
4 - Ares Management Corp (0001176948) (Reporting)