Wall street estimates Earnings report Ares Management (NYSE:ARES)

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Earnings results for Ares Management (NYSE:ARES)

Ares Management Corporation is expected* to report earnings on 02/11/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.45. The reported EPS for the same quarter last year was $0.67.

Analyst Opinion on Ares Management (NYSE:ARES)

9 Wall Street analysts have issued ratings and price targets for Ares Management in the last 12 months. Their average twelve-month price target is $44.50, predicting that the stock has a possible downside of 12.11%. The high price target for ARES is $51.00 and the low price target for ARES is $40.00. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Ares Management has received a consensus rating of Buy. The company’s average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $44.50, Ares Management has a forecasted downside of 12.1% from its current price of $50.63. Ares Management has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Ares Management (NYSE:ARES)

Ares Management pays a meaningful dividend of 3.24%, higher than the bottom 25% of all stocks that pay dividends. Ares Management does not have a long track record of dividend growth. The dividend payout ratio of Ares Management is 95.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ares Management will have a dividend payout ratio of 74.77% next year. This indicates that Ares Management will be able to sustain or increase its dividend.

Insiders buying/selling: Ares Management (NYSE:ARES)

In the past three months, Ares Management insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $42,921,864.00 in company stock. 59.69% of the stock of Ares Management is held by insiders. A high percentage of insider ownership can be a sign of company health. 42.40% of the stock of Ares Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Ares Management (NYSE:ARES

Earnings for Ares Management are expected to grow by 20.90% in the coming year, from $1.77 to $2.14 per share. The P/E ratio of Ares Management is 93.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.86. The P/E ratio of Ares Management is 93.76, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.95. Ares Management has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued. Ares Management has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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