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Ares Management Corp

ARES.N

Latest Trade

33.00USD

Change

-0.15(-0.45%)

Volume

31,304

Today's Range

33.00

 - 

33.74

52 Week Range

16.19

 - 

33.74

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

Pricing

Previous Close
33.15
Open
33.53
Volume
31,304
3M AVG Volume
13.19
Today's High
33.74
Today's Low
33.00
52 Week High
33.74
52 Week Low
16.19
Shares Out (MIL)
114.75
Market Cap (MIL)
7,672.68
Forward P/E
21.66
Dividend (Yield %)
3.86

Next Event

Ares Management Corp at Goldman Sachs U.S. Financial Services Conference

Latest Developments

More

Ares Management Corp QTRLY Total Assets Under Management Of $144.3 Bln

Ares Management Corp Reports Third Quarter 2019 Results

Ares Management Corp Sells Ownership Interest In Meade Pipeline To Nextera Energy Partners

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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

+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

John H. Kissick

Director, Co-Founder

Bennett Rosenthal

Director, Co-Founder, Partner

Key Stats

1.85 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.7K

2017

0.7K

2018

1.0K

2019(E)

1.4K
EPS (USD)

2016

1.420

2017

1.930

2018

1.420

2019(E)

1.508
Price To Earnings (TTM)
41.99
Price To Sales (TTM)
4.87
Price To Book (MRQ)
8.39
Price To Cash Flow (TTM)
24.36
Total Debt To Equity (MRQ)
1,034.33
LT Debt To Equity (MRQ)
1,034.33
Return on Investment (TTM)
3.69
Return on Equity (TTM)
2.77

Latest News

Latest News

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:

BRIEF-Ares Management, Redevco JV Acquires Majority Stake In Parque Corredor Shopping Center

* ARES MANAGEMENT AND REDEVCO’S IBERIAN JOINT VENTURE ACQUIRES MAJORITY STAKE IN PARQUE CORREDOR SHOPPING CENTER IN MADRID FOR €140 MILLION Source text for Eikon: Further company coverage:

BRIEF-Ares Management To Acquire Convergint Technologies

* ARES MANAGEMENT LP - TERMS OF TRANSACTION WERE NOT DISCLOSED. Source text for Eikon: Further company coverage:

LightBay, founded by former Ares execs, raises $615 million for first fund

LightBay Capital, a private equity firm founded by two former Ares Management LP <ARES.N> executives, said on Thursday it had raised $615 million for its inaugural fund, exceeding its fundraising target.

MOVES-Ares becomes latest buyout firm to eye succession with management changes

Ares Management LP said on Monday it had promoted its co-founder and president, Michael Arougheti, to chief executive officer, making it the latest private equity firm to lay out its succession plan this year.

MOVES-Ares Management names Michael Arougheti as CEO

Alternative asset manager Ares Management LP named Michael Arougheti as its chief executive, effective Jan. 1.

BRIEF-Ares Management Appoints Michael Arougheti As CEO

* ARES MANAGEMENT LP - MICHAEL AROUGHETI APPOINTED CHIEF EXECUTIVE OFFICER

BRIEF-Ares EIF Divests Operating Coal Portfolio

* ARES MANAGEMENT’S ENERGY INFRASTRUCTURE FUNDS DIVEST OPERATING COAL PORTFOLIO

BRIEF-Toll Brothers and Ares Management announce sale of Terrapin Row student housing property at University Of Maryland

* Toll Brothers and Ares Management announce sale of Terrapin Row student housing property at University Of Maryland 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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