This Is Too Hot For Ares Management Corp (NYSE: ARES), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, ARES falls under the Financial sector while operating within the Asset Management industry segment. The current market capitalization of Ares Management Corp is $55.98B. A total of 1.59 million shares were traded on the day, compared to an average of 1.21M shares.

In the most recent transaction, KAPLAN DAVID B sold 56,781 shares of ARES for 178.17 per share on Nov 26 ’24. After the transaction, the Co-Founder now owns 30,680 company shares. In a previous transaction on Nov 25 ’24, KAPLAN DAVID B sold 28,887 shares at 175.82 per share. ARES shares that Co-Founder owns now total 87,461.

Among the insiders who sold shares, Rosenthal Bennett disposed of 56,662 shares on Nov 26 ’24 at a per-share price of $178.17. This resulted in the Co-Founder & Chairman of PEG holding 29,107 shares of ARES after the transaction. In another insider transaction, Rosenthal Bennett sold 29,198 shares at $175.82 per share on Nov 25 ’24. Company shares held by the Co-Founder & Chairman of PEG now total 85,769.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Ares Management Corp pays an annual dividend of $3.56, resulting in a dividend yield of 1.99%, and it has a price to earnings (P/E) ratio of 80.33. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ARES has a high of $178.49 and a low of $107.69.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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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