Ares Management Corp
General ticker "ARES" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $35.5B
Ares Management Corp closely follows the US Stock Market performance with the rate: 76.2%.
Estimated limits based on current volatility of 2.4%: low 170.61$, high 178.91$
Factors to consider:
- Company pays dividends: last record date 2024-12-17, amount 0.93$ (Y2.11%)
- Current price 39.8% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [93.41$, 125.95$]
- 2024-12-30 to 2025-12-30 estimated range: [95.10$, 129.24$]
Short-term ARES quotes
Long-term ARES plot with estimates
Financial data
| YTD | 2023-12-31 |
|---|---|
| Operating Revenue | $3,631.88MM |
| Operating Expenses | $2,746.09MM |
| Operating Income | $885.80MM |
| Non-Operating Income | $447.27MM |
| Interest Expense | $860.88MM |
| Income(Loss) | $1,333.06MM |
| Taxes | $172.97MM |
| Profit(Loss) | $1,160.09MM |
| Stockholders Equity | $1,893.40MM |
| Assets | $24,730.50MM |
| Operating Cash Flow | $-233.26MM |
| Capital expenditure | $67.18MM |
| Investing Cash Flow | $-111.08MM |
| Financing Cash Flow | $292.13MM |
| Earnings Per Share* | $2.57 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.