Ares Management
ARES

$137.45

2.55%

Market Cap: $27.4B

About: Ares Management Corp is an asset management company. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Assets and Secondaries Group. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group manages comprehensive equity and debt strategies across real estate and infrastructure investments. The Secondaries Group invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate, infrastructure and credit.

Employees: 2,850

Financials Investment Advice

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

36% more call options, than puts

Call options by funds: $31.8M | Put options by funds: $23.4M

33% more repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 186

14% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]

12% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 76

9% more capital invested

Capital invested by funds: $21.4B [Q1] → $23.3B (+$1.84B) [Q2]

2% more funds holding

Funds holding: 590 [Q1] → 599 (+9) [Q2]

110.67% less ownership

Funds ownership: 199.87% [Q1] → 89.2% (-110.67%) [Q2]

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Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$132

4%

downside

Avg. target

$148

8%

upside

High target

$162

18%

upside

9 analyst ratings

6 positive

67%

3 neutral

33%

0 negative

0%

Redburn Atlantic	2%upside $140	Neutral Initiated	27 Aug 2024
Deutsche Bank Brian Bedell 53% 1-year accuracy 16 / 30 met price target	3%downside $133	Hold Maintained	15 Aug 2024
Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target	13%upside $155	Overweight Maintained	5 Aug 2024
TD Cowen Bill Katz 71% 1-year accuracy 15 / 21 met price target	18%upside $162	Buy Maintained	5 Aug 2024
JP Morgan Kenneth Worthington 55% 1-year accuracy 18 / 33 met price target	4%upside $143	Overweight Maintained	30 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about ARES published over the past 30 days

Ares Management: A Booming Giant With A Price Tag To Match

Ares Management is experiencing explosive growth in assets under management, with a 19% annual growth rate, reaching $447 billion, driving elevated fee revenue growth. The firm excels in credit and alternative investments, benefiting from secular growth trends in private credit, real estate, and infrastructure, offering multiple income streams. Despite strong long-term prospects and a Buy rating, Ares' current P/E ratio of 35.7x suggests it's overvalued, making it prudent to wait for a pullback.

Ares Management: A Booming Giant With A Price Tag To Match

Ares Management Corporation to Present at the Barclays Global Financial Services Conference

NEW YORK, NY / ACCESSWIRE / September 3, 2024 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 10, 2024 at 9:45am ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.aresmgmt.com.

Ares Management Corporation to Present at the Barclays Global Financial Services Conference

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Big Dividends From A Recession-Resistant Portfolio

Very Bad News For BDCs

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Very Bad News For BDCs

Ares Management leads private equity drive in Italy

Global private credit firms, including industry leader Ares Management, are increasingly focused on Italy as more small businesses which are the backbone of its economy open up to outside investors, providing buyout deal opportunities.

Ares Management leads private equity drive in Italy

Ares Management Corporation (ARES) Q2 2024 Earnings Call Transcript

Ares Management Corporation (NYSE:ARES ) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Greg Mason - Co-Head-Public Markets IR Michael Arougheti - CEO Jarrod Phillips - CFO Conference Call Participants Craig Siegenthaler - Bank of America Steven Chubak - Wolfe Research Alex Blostein - Goldman Sachs Brennan Hawken - UBS Bill Katz - TD Cowen Ben Budish - Barclays Ken Worthington - JPMorgan Patrick Davitt - Autonomous Research Michael Cyprys - Morgan Stanley Brian Bedell - Deutsche Bank Operator Good morning, everyone, and welcome to the Ares Management Corporation's Second Quarter Earnings Conference Call. All this time all participants are in a listen-only mode.

Ares Management Corporation (ARES) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Here's What Key Metrics Tell Us About Ares Management (ARES) Q2 Earnings

Although the revenue and EPS for Ares Management (ARES) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Ares Management (ARES) Q2 Earnings

Zacks Investment Research

Ares Management (ARES) Q2 Earnings Top Estimates

Ares Management (ARES) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.90 per share a year ago.

Ares Management (ARES) Q2 Earnings Top Estimates

Ares Management Announces Second Quarter 2024 U.S. Direct Lending Origination Activity

$12.8 Billion in New Commitments Closed in the Second Quarter, Reaching a Record of $38.3 Billion Closed in the 12 Months Ended June 30, 2024 NEW YORK, NY / ACCESSWIRE / August 2, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct lending commitments across 295 transactions in the 12 months ended June 30, 2024. The $38.3 billion of commitments over the 12-month period represents a new record for the U.S. Direct Lending business.

Ares Management Announces Second Quarter 2024 U.S. Direct Lending Origination Activity

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