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Ares Management Corp

ARES.N

Latest Trade

45.87USD

Change

0.82(+1.82%)

Volume

230,501

Today's Range

44.94

 - 

45.89

52 Week Range

20.34

 - 

46.35

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
45.05
Open
45.40
Volume
230,501
3M AVG Volume
12.57
Today's High
45.89
Today's Low
44.94
52 Week High
46.35
52 Week Low
20.34
Shares Out (MIL)
258.45
Market Cap (MIL)
11,643.20
Forward P/E
25.55
Dividend (Yield %)
3.55

Next Event

Dividend For ARES_pa.N - 0.4375 USD

Latest Developments

More

Epic Midstream Holdings Announces Chairman And CEO Succession Plan

AMP Ltd Says Ares Management Corporation's Proposal At Implied Value Of A$1.85 Per Share

Ares Management Says Made Confidential Non-Binding Indicative Proposal To AMP

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About Ares Management Corp

Ares Management Corporation, formerly Ares Management, L.P., is an alternative asset manager. The Company offers its investors a range of investment strategies. It operates through three segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment manages credit strategies across the non-investment grade credit universe in the United States and Europe. It offers a range of credit strategies across the liquid and illiquid spectrum, including syndicated loans, high yield bonds, credit opportunities, structured credit investments and the United States and European direct lending. The Credit Group provides solutions for traditional fixed income investors. The Private Equity Group segment categorizes its investment strategies as corporate private equity, the United States power and energy infrastructure and special situations. The Real Estate Group segment manages public and private equity and debt strategies.

Industry

Investment Services

Contact Info

2000 Avenue of the Stars Fl 12

LOS ANGELES, CA

90067-4733

United States

+1.310.2014100

http://www.aresmgmt.com/

Executive Leadership

Antony P. Ressler

Executive Chairman of the Board, Co-Founder

Michael J. Arougheti

President, Chief Executive Officer, Co-Founder, Director

David B. Kaplan

Director, Co-Founder, Partner, Co-Chairman of the Ares Private Equity Group

Bennett Rosenthal

Director, Co-Founder, Partner, Co-Chairman of the Ares Private Equity Group

Michael R. McFerran

Partner, Chief Financial Officer, Chief Operating Officer

Key Stats

1.91 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

0.7K

2018

1.0K

2019

1.8K

2020(E)

1.5K
EPS (USD)

2017

1.930

2018

1.420

2019

1.670

2020(E)

1.769
Price To Earnings (TTM)
92.28
Price To Sales (TTM)
7.53
Price To Book (MRQ)
13.80
Price To Cash Flow (TTM)
66.52
Total Debt To Equity (MRQ)
911.85
LT Debt To Equity (MRQ)
911.85
Return on Investment (TTM)
1.66
Return on Equity (TTM)
1.26

Latest News

Latest News

U.S. retailer Guitar Center enters restructuring deal to cut debt by $800 million

Guitar Center Inc, the largest U.S. retailer of music instruments and equipment, has reached a restructuring agreement with key stakeholders that includes debt reduction by nearly $800 million, the company said in a statement.

Australia's AMP says Ares buyout offer values it at $4.5 billion

Embattled Australian wealth manager AMP Ltd <AMP.AX> on Monday said a conditional buyout offer from U.S.-based Ares Management Corp <ARES.N> had an implied value of A$6.36 billion ($4.47 billion), triggering a jump in its share price.

Australia's AMP receives takeover offer from Ares Management

AMP Ltd <AMP.AX> said on Friday U.S.-based Ares Management Corp <ARES.N> had made a non-binding offer to buy the troubled Australian wealth manager, sending its shares soaring the most in over 17 years.

Australia's AMP gets indicative takeover offer from Ares Management

AMP Ltd said on Friday U.S.-based Ares Management Corp had made an indicative offer to buy the Australian wealth manager, adding that discussions were at an early stage.

Front Yard Residential Corp to be taken private for about $767 million

Private equity firm Ares Management Corp <ARES.N> and investment management firm Pretium on Monday agreed to buy U.S. rental homes owner Front Yard Residential Corp <RESI.N> for about $767 million.

Front Yard Residential Corp to be taken private in $2.4 bln deal

Private equity firm Ares Management Corp and investment management firm Pretium have agreed to buy Front Yard Residential Corp in a deal valued at $2.4 billion, including debt, the U.S. rental homes owner said on Monday. (Reporting by Ankit Ajmera in Bengaluru; Editing by...

Ares Management names former Credit Suisse exec as Australian head

Private equity firm Ares Management Corp. <ARES.N> on Monday named John Knox, the former head of Credit Suisse <CSGN.S> in Australia, as Chairman of its operations in the antipodean country and in New Zealand, the firm said in a statement.

BRIEF-Ares Management Reports 5.1% Stake In Outfront Media As Of April 16

* ARES MANAGEMENT LLC REPORTS 5.1% STAKE IN OUTFRONT MEDIA INC AS OF APRIL 16 - SEC FILING Source text (https://bit.ly/2YaDU3r) Further company coverage:

Ares backs BC Partners' takeover of VetPartners

Direct lending fund Ares Management has committed £595m in financing to back private equity firm BC Partners' acquisition of UK-based VetPartners, according to a source familiar with the situation.

BRIEF-Ares Management Announces New Long-Term Partnership For Kleen Energy

* ARES MANAGEMENT ANNOUNCES NEW LONG-TERM PARTNERSHIP FOR KLEEN ENERGY

BRIEF-Ares Management Quarterly GAAP Earnings Common Share Of $0.28

* ARES MANAGEMENT LP QUARTERLY GAAP EARNINGS COMMON SHARE $0.28

BRIEF-Ares Management And Arm Energy Announce Partnership To Develop Salt Creek Midstream

* ARES MANAGEMENT AND ARM ENERGY HOLDINGS ANNOUNCE PARTNERSHIP TO DEVELOP SALT CREEK MIDSTREAM IN THE DELAWARE BASIN

Apollo CEO sees Ares offering little incentive for stock conversion

Apollo Global Management LLC Chief Executive Leon Black on Wednesday downplayed the possibility that his private equity firm would follow peer Ares Management LP in converting from a publicly listed partnership into a corporation.

BRIEF-FinFit Announces $35 Million Senior Credit Facility With Ares Management

* FINFIT ANNOUNCES $35 MILLION SENIOR CREDIT FACILITY WITH ARES MANAGEMENT Source text for Eikon:

BRIEF-Ares Management L.P. Prices Common Shares Offering

* ARES MANAGEMENT, L.P. ANNOUNCES PRICING OF OFFERING OF COMMON SHARES

BRIEF-BFS Capital Says Received $175 Million Revolving Credit Line Provided By Funds Managed By Ares Management

* BFS CAPITAL SAYS RECEIVED $175 MILLION REVOLVING CREDIT LINE PROVIDED BY FUNDS MANAGED BY ARES MANAGEMENT, L.P Source text for Eikon: (Bangalore.newsroom@thomsonreuters.com)

Private equity firm Ares to be corporation following U.S. tax reform

Ares Management LP <ARES.N> said on Thursday it would convert its structure from a publicly listed partnership into a corporation, the first private equity firm to decide such a move following the enactment of U.S. tax reform.

BRIEF-Ares Management Q4 Earnings Per Common Unit $0.39

* ARES MANAGEMENT LP - AUM OF $104.6 BILLION AS OF DECEMBER 31, 2017, UP 11.8 PERCENT YEAR-OVER-YEAR

BRIEF-California Resources Corp Announces New Midstream Joint Venture And Equity Investment

* CALIFORNIA RESOURCES CORPORATION ANNOUNCES NEW MIDSTREAM JOINT VENTURE AND EQUITY INVESTMENT

BRIEF-KRG Capital Partners Sells Convergint Technologies To Ares Management LP

* KRG CAPITAL PARTNERS SAYS HAS SOLD CONVERGINT TECHNOLOGIES TO A FUND MANAGED BY PRIVATE EQUITY GROUP OF ARES MANAGEMENT LP Source text for Eikon: Further company coverage:

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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