ARES stock forecast
Our latest prediction for Ares Management Corp's stock price was made on the March 27, 2024 when the stock price was at 133.28$.
In the short term (2weeks), ARES's stock price should underperform the market by -0.93%. During that period the price should oscillate between -6.56% and +2.65%.
In the medium term (3months), ARES's stock price should underperform the market by -4.91%. During that period the price should oscillate between -25.66% and +-2.53%.
Get email alertsCreate a solid portfolio with ARES
About Ares Management Corp
ares management, l.p. is a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management,* and more than 15 offices in the united states, europe, asia and australia.* since its inception in 1997, ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. ares believes each of its distinct but complementary investment groups in credit, private equity and real estate is a market leader based on assets under management and investment performance. ares was built upon the fundamental principle that each group benefits from being part of the greater whole. for more information, please visit www.aresmgmt.com. * as of december 31, 2017, aum amounts include funds managed by ivy hill asset management, l.p., a wholly owned portfolio company of ares capital corporation and a registered investment adviser.
At the moment the company generates 2574M USD in revenues.
On its last earning announcement, the company reported a profit of 0.17$ per share.
The book value per share is 2.91$
Three months stock forecastMarch 27, 2024
Financials
Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2574M | - | - | - | 631M | 0.17 | 0.40 | 464.20% | 307M | 2.91 | - | - | - |