Ares Management Corp (NYSE: ARES): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

ARES belongs to the Financial sector of the NYSE while operating in the Asset Management industry. The current market capitalization of Ares Management Corp is $53.33B. A total of 0.72 million shares were traded on the day, compared to an average of 1.18M shares.

In the most recent transaction, Arougheti Michael J sold 20,525 shares of ARES for 169.40 per share on Nov 19 ’24. After the transaction, the Co-Founder, CEO and President now owns 193,554 company shares. In a previous transaction on Nov 15 ’24, Arougheti Michael J sold 20,096 shares at 167.44 per share. ARES shares that Co-Founder, CEO and President owns now total 229,904.

Among the insiders who sold shares, Arougheti Michael J disposed of 15,825 shares on Nov 18 ’24 at a per-share price of $167.24. This resulted in the Co-Founder, CEO and President holding 214,079 shares of ARES after the transaction. In another insider transaction, Rosenthal Bennett sold 20,618 shares at $169.41 per share on Nov 19 ’24. Company shares held by the Co-Founder & Chairman of PEG now total 193,571.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Ares Management Corp pays an annual dividend of $3.56, resulting in a dividend yield of 2.09%, and it has a price to earnings (P/E) ratio of 76.52. ARES’s most recent ex-dividend date was 12/17/2024 when it declared a $0.93 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 9/30/2024 with an ex-dividend date of 9/16/2024. The ARES stock dividend was $0.93 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ARES has a high of $175.74 and a low of $105.89.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ARES’s latest balance sheet shows that the firm has $1.39B in Cash & Short Term Investments as of fiscal 2021. There were $12.49B in debt and $4.02B in liabilities at the time. Its Book Value Per Share was $10.29, while its Total Shareholder’s Equity was $3.81B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARES is Buy with a score of 3.94.

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