142.27
price down icon0.12%   -0.17
 
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Ares Management Corp stock is currently priced at $142.27, with a 24-hour trading volume of 774.08K. It has seen a -0.12% decreased in the last 24 hours and a +6.14% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $141.3 pivot point. If it approaches the $144.3 resistance level, significant changes may occur.
Previous Close:
$142.44
Open:
$143.69
24h Volume:
774.08K
Market Cap:
$27.70B
Revenue:
$4.95B
Net Income/Loss:
$453.31M
P/E Ratio:
65.56
EPS:
2.17
Net Cash Flow:
$-300.44M
1W Performance:
+7.85%
1M Performance:
+6.14%
6M Performance:
+32.04%
1Y Performance:
+74.31%
1D Range:
Value
$141.60
$144.35
52W Range:
Value
$80.07
$144.35

Ares Management Corp Stock (ARES) Company Profile

Name
Name
Ares Management Corp
Name
Phone
310-201-4100
Name
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA
Name
Employee
1,000
Name
Twitter
Name
Next Earnings Date
2024-06-04
Name
Latest SEC Filings
Name
ARES's Discussions on Twitter

Ares Management Corp Stock (ARES) Upgrades & Downgrades

Date Action Analyst Rating Change
Jan-09-24 Downgrade Jefferies Buy → Hold
Oct-05-23 Initiated Wolfe Research Outperform
Jul-10-23 Downgrade Keefe Bruyette Outperform → Mkt Perform
Jun-12-23 Downgrade Wells Fargo Overweight → Equal Weight
Nov-14-22 Downgrade BMO Capital Markets Outperform → Market Perform
Aug-31-22 Initiated Barclays Overweight
Jun-08-22 Initiated JMP Securities Mkt Perform
Jan-25-22 Initiated Piper Sandler Overweight
Dec-16-21 Initiated BofA Securities Buy
Dec-16-21 Initiated Wells Fargo Overweight
Sep-10-21 Resumed Morgan Stanley Equal-Weight
Jun-08-21 Upgrade BMO Capital Markets Market Perform → Outperform
Mar-29-21 Downgrade BMO Capital Markets Outperform → Market Perform
Feb-24-21 Initiated Credit Suisse Neutral
May-29-20 Upgrade BMO Capital Markets Market Perform → Outperform
Jan-14-20 Downgrade Oppenheimer Outperform → Perform
Oct-08-19 Initiated BMO Capital Markets Market Perform
Aug-05-19 Initiated Barclays Overweight
Aug-21-18 Upgrade Wells Fargo Market Perform → Outperform
Jun-28-18 Initiated Jefferies Buy
May-01-18 Initiated Oppenheimer Outperform
Feb-16-18 Downgrade Wells Fargo Outperform → Market Perform
Jun-30-17 Initiated RBC Capital Mkts Outperform
May-11-17 Upgrade Credit Suisse Neutral → Outperform
Mar-24-17 Upgrade Keefe Bruyette Mkt Perform → Outperform
Mar-10-17 Resumed Goldman Neutral
Feb-27-17 Downgrade Keefe Bruyette Outperform → Mkt Perform
Jan-25-17 Initiated Credit Suisse Neutral
Dec-21-16 Resumed Wells Fargo Outperform
Aug-10-16 Downgrade BofA/Merrill Buy → Neutral
Dec-08-15 Upgrade BofA/Merrill Neutral → Buy
Nov-11-15 Reiterated RBC Capital Mkts Outperform
Aug-11-15 Initiated Goldman Neutral
Jun-03-15 Initiated Credit Suisse Neutral
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Ares Management Corp Stock (ARES) Financials Data

Ares Management Corp (ARES) Revenue 2024

ARES reported a revenue (TTM) of $4.95 billion for the quarter ending March 31, 2024, a +26.23% rise year-over-year.
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Ares Management Corp (ARES) Net Income 2024

ARES net income (TTM) was $453.31 million for the quarter ending March 31, 2024, a +110.14% increase year-over-year.
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Ares Management Corp (ARES) Cash Flow 2024

ARES recorded a free cash flow (TTM) of -$300.44 million for the quarter ending December 31, 2023, a +60.98% increase year-over-year.
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Ares Management Corp (ARES) Earnings per Share 2024

ARES earnings per share (TTM) was $2.23 for the quarter ending March 31, 2024, a +99.11% growth year-over-year.
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Ares Management, L.P. 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 originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. 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.
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Cap:     |  Volume (24h):