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.
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 $61.77B. A total of 0.78 million shares were traded on the day, compared to an average of 1.13M shares.
In the most recent transaction, Berry Ryan sold 14,357 shares of ARES for 180.16 per share on Dec 11 ’24. After the transaction, the Chief Mktg. & Strategy Officer now owns 233,214 company shares. In a previous transaction on Nov 27 ’24, Berry Ryan sold 200 shares at 180.07 per share. ARES shares that Chief Mktg. & Strategy Officer owns now total 253,014.
Among the insiders who sold shares, ARES MANAGEMENT LLC disposed of 11,500,000 shares on Dec 10 ’24 at a per-share price of $34.37. This resulted in the 10% Owner holding 23,922,768 shares of ARES after the transaction. In another insider transaction, Berry Ryan sold 5,443 shares at $180.14 per share on Dec 09 ’24. Company shares held by the Chief Mktg. & Strategy Officer now total 247,771.
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 $3.72, resulting in a dividend yield of 1.89%, and it has a price to earnings (P/E) ratio of 88.63. ARES’s most recent ex-dividend date was 2.29% when it declared a $0.93 quarterly dividend that was paid in cash on 12/17/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 2.67%. 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 $196.76 and a low of $116.86.
As of this writing, ARES has an earnings estimate of $1.3 per share for the current quarter. EPS was calculated based on a consensus of 15.0 estimates, with a high estimate of $1.36 per share and a lower estimate of $1.2.
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 4.06.
