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Ticker Symbol: ARES

Ares Management Corp - Class A

$87.21 - 20-12-2024 4 p.m. ET

Exchange: NEW YORK STOCK EXCHANGE INC. Country: US Currency: USD Asset Type: Common Stock CIK:0001176948

Company Profile

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.

Sector: Finance and Insurance
Industry: Investment Advice
Standard Industrial Classification Code (SIC code): 6282
Address: 2000 Avenue of the Stars Fl 12
CEO: Michael Arougheti
Tags:
  • Finance
  • Investment Managers
  • Finance and Insurance
  • Investment Advice

Pricing

Last Updated: October 20, 2023 03:00 PM EST
Previous Close: $102.20
Change: -$2.93 ( -2.79%)
Days Range: $101.76 - $105.38
Beta: 1.35
52wk. High: $112.15
52wk. Low: $63.09
Ytd. Change 50.45%
50 Day Moving Average: $105.40
200 Day Moving Average: $94.48
Shares Outstanding: 181355000

Valuation

Market Cap: 1.9T
PE Ratio: 61.20
EPS (TTM): 1.67

Dividends

Dividend Per Share (TTM): $2.88
Dividend Yield (TTM): 2.75%
Ex-Dividend Date: September 14, 2023