Ares Management Corp - Class A

Market cap: $25,663,855,335

Exchange: NYS

Sector: Finance

Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was by founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

Key Statistics

Company Name

Ares Management Corp

Average Volume (10 days)

1,234,930

Average Volume (30 days)

1,110,210

Moving Average (50 days)

$132.71

Moving Average (200 days)

$117.02

Ex-Divided Date

Mar 14, 2024

Dividend Yield

0.0237

P/E Ratio

56.6502

Market Cap

25,663,855,335

Shares Outstanding

189,877,592

52-Week High Split Adjust Only

138.52

52-Week Low Split Adjust Only

75.72

Employee Count

2,542

Beta

1.2806

Next Earnings Date

2024-05-02

TTM Dividend Rate Per Share

3.2082

Price Changes

Past 5 days

0.02%

Past 30 days

0.01%

Past 3 months

0.14%

Past 6 months

0.26%

Past year

0.75%

Past 2 years

0.8%

Past 5 years

5.78%

Max % Change

6.16%

PEER GROUP COMPARATIVE PERFORMANCE

NameTickerPrice/Sales (ttm)Price/Book (ttm)Forward P/EPEG RatioEV/Revenue
Ares Management Corp - Class AARES3.7210.38n/a3.727.70
Peer AvgN/A3.741.9110.63.744.67
Franklin Resources, Inc.BEN2.511.6311.62.512.38
Invesco LtdIVZ2.120.9110.22.123.01
Virtus Investment Partners IncVRTS3.182.958.83.186.13
Newtek Business Services CorpNEWT7.152.1611.77.157.15