ARES
$105.67
Ares Management Corporation operates as an alternative asset manager.
Recent News
Ares Management (ARES) Targetting Opportunities in Areas of Competitive Advantage
Ares Management Corp (NYSE:ARES) is one of the 10 best financial stocks with highest upside potential. During a presentation at the RBC Capital Markets’ Global Financial Institutions Conference on March 11, Michael Arougheti, CEO of Ares Management Corp (NYSE:ARES), discussed the company’s strategic positioning and market outlook. According to Arougheti, 25% of Ares’ growth history […]
Retail investors pull billions from private capital’s credit gold mine
Wealthy individuals have sought to pull more than $10bn from some of the largest private credit funds in the first quarter, prompting investment...
Is Ares Management (ARES) Worth Watching After Recent Share Price Slide And Rich P/E Multiple
If you are wondering whether Ares Management is still worth a spot on your watchlist, this article will walk through what the current share price might be implying about its value. The stock closed at US$101.76 recently, with returns of a 7.5% decline over 7 days, a 24.0% decline over 30 days, a 38.8% decline year to date and a 27.6% decline over the past year. This compares with longer term returns of 46.1% over 3 years and 116.1% over 5 years. These moves have come alongside ongoing...
Private Credit Fears, War Darken Outlook for US Financial Stocks
The S&P 500 Financials Index — whose members run the gamut from the biggest US banks to private credit companies — is down 11% this year, on track for its biggest quarterly decline since the beginning of 2020. Losses in some individual names are far greater: shares of Ares Management Corp. and Blackstone Inc. are each down more than 30% year-to-date, while Wells Fargo & Co. is off 20%. Blue Owl Capital Inc., which is not in the index, has slumped more than 40%.
Ares Management (ARES) Jumps 5.45% Ahead of 2 Dividends
Ares Management Corp. (NYSE:ARES) is one of the 10 Must-Watch Stocks Right Now. Ares Management rebounded by 5.45 percent on Friday to close at $101.76 apiece, as investors gobbled up shares ahead of the cutoff date to qualify for its upcoming dividend payment, while resorting to bargain-hunting after falling to a new record low the […]