Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
02 May 2014Website:
http://www.aresmgmt.comNext earnings report:
N/ALast dividends:
16 September 2024Next dividends:
17 December 2024Price
after hours | Fri, 01 Nov 2024 22:40:00 GMTAnalysts recommendations
Institutional Ownership
ARES Latest News
September saw two new convertible preferred stock offerings, one term preferred offering, and one Exchange Traded Debt (ETD) offering, with yields ranging from 6% to 8.125%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric: CDx3 preferreds ranked 10 out of 10 are meanwhile selling for an average premium to par of about 7 cents and offer an average current yield of 6.23%.
Ares Management (ARES) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.83 per share a year ago.
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2024. GAAP net income attributable to Ares Management Corporation was $118.5 million for the quarter ended September 30, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.55 for the quarter ended September 30, 2024. After-tax realized income was $316.0 mil.
Beyond analysts' top -and-bottom-line estimates for Ares Management (ARES), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Diversified asset manager Ares Management Corporation (ARES) is expected to show continued growing earnings, dividend.
NEW YORK, NY / ACCESSWIRE / October 17, 2024 / Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the third quarter ending September 30, 2024 to 9:00am ET on Friday, November 1, 2024. Ares Management Corporation will report its earnings for the third quarter ending September 30, 2024 earlier that morning, prior to the opening of the New York Stock Exchange.
Ares Management (ARES) stock has had a remarkable performance in the last decade, making it one of the best-performing companies in Wall Street. After launching an IPO at $10 in 2014, it has risen to a record high of $160.
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (“Ares” or the “Company”) (NYSE: ARES) today announced that it has priced an offering (the “Offering”) of $750,000,000 aggregate principal amount of its 5.600% Senior Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by Ares Holdings L.P., Ares Management LLC, Ares Investments Holdings LLC, Ares Finance Co. LLC, Ares Finance Co. II LLC, Ares Finance Co. III LLC and Ares Finance Co. IV LLC. The Offering is.
NEW YORK, NY / ACCESSWIRE / October 4, 2024 / Ares Management Corporation announced today that it will report earnings for the third quarter ending September 30, 2024 on Friday, November 1, 2024 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m.
What type of business is Ares Management?
Ares Management Corporation 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. The firm was previously known as Ares Management, L.P. Ares Management Corporation 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.
What sector is Ares Management in?
Ares Management is in the Financial Services sector
What industry is Ares Management in?
Ares Management is in the Asset Management industry
What country is Ares Management from?
Ares Management is headquartered in United States
When did Ares Management go public?
Ares Management initial public offering (IPO) was on 02 May 2014
What is Ares Management website?
https://www.aresmgmt.com
Is Ares Management in the S&P 500?
No, Ares Management is not included in the S&P 500 index
Is Ares Management in the NASDAQ 100?
No, Ares Management is not included in the NASDAQ 100 index
Is Ares Management in the Dow Jones?
No, Ares Management is not included in the Dow Jones index
When was Ares Management the previous earnings report?
No data
When does Ares Management earnings report?
Next earnings report date is not announced yet