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Ares Management Corporation (ARES)

NYSE - Nasdaq Real-time price. Currency in USD
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146.01+1.26 (+0.87%)
At close: 04:00PM EDT
146.76 +0.75 (+0.51%)
After hours: 07:57PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 28.43B
Enterprise value 42.69B
Trailing P/E 64.61
Forward P/E 33.11
PEG ratio (5-yr expected) N/A
Price/sales (ttm)5.88
Price/book (mrq)15.01
Enterprise value/revenue 8.62
Enterprise value/EBITDA 18.99

Trading information

Stock price history

Beta (5Y monthly) 1.18
52-week change 367.14%
S&P500 52-week change 326.14%
52-week high 3150.12
52-week low 385.35
50-day moving average 3136.00
200-day moving average 3118.95

Share statistics

Avg vol (3-month) 31.16M
Avg vol (10-day) 31.38M
Shares outstanding 5191.2M
Implied shares outstanding 63.49M
Float 8186.27M
% held by insiders 114.33%
% held by institutions 179.03%
Shares short (30 Apr 2024) 43.2M
Short ratio (30 Apr 2024) 42.94
Short % of float (30 Apr 2024) 41.81%
Short % of shares outstanding (30 Apr 2024) 41.64%
Shares short (prior month 28 Mar 2024) 42.77M

Dividends & splits

Forward annual dividend rate 43.72
Forward annual dividend yield 42.55%
Trailing annual dividend rate 33.24
Trailing annual dividend yield 32.24%
5-year average dividend yield 43.17
Payout ratio 4143.36%
Dividend date 330 Sept 2021
Ex-dividend date 414 Jun 2024
Last split factor 2N/A
Last split date 3N/A

Financial highlights

Fiscal year

Fiscal year ends 31 Dec 2023
Most-recent quarter (mrq)31 Mar 2024

Profitability

Profit margin 12.86%
Operating margin (ttm)35.04%

Management effectiveness

Return on assets (ttm)2.65%
Return on equity (ttm)24.05%

Income statement

Revenue (ttm)3.53B
Revenue per share (ttm)18.76
Quarterly revenue growth (yoy)-13.00%
Gross profit (ttm)N/A
EBITDA 1.21B
Net income avi to common (ttm)430.05M
Diluted EPS (ttm)2.26
Quarterly earnings growth (yoy)-22.30%

Balance sheet

Total cash (mrq)1.55B
Total cash per share (mrq)7.94
Total debt (mrq)15.34B
Total debt/equity (mrq)304.92%
Current ratio (mrq)0.60
Book value per share (mrq)9.09

Cash flow statement

Operating cash flow (ttm)-230.79M
Levered free cash flow (ttm)683.34M