Ares Capital
ARCC

$20.95

0.63%

Market Cap: 12.9B

About: Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.

Employees: 870

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

0

News positive %

of 27 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

53% more repeat investments, than reductions

Existing positions increased: 275 | Existing positions reduced: 180

6% more capital invested

Capital invested by funds: $3.36B [Q4 2023] → $3.58B (+$215M) [Q1 2024]

1% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 76

0% more funds holding

Funds holding: 687 [Q4 2023] → 688 (+1) [Q1 2024]

1.2% less ownership

Funds ownership: 29.48% [Q4 2023] → 28.28% (-1.2%) [Q1 2024]

21% less funds holding in top 10

Funds holding in top 10: 14 [Q4 2023] → 11 (-3) [Q1 2024]

41% less call options, than puts

Call options by funds: $50.8M | Put options by funds: $86.5M

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$20

5%

downside

Avg. target

$22

3%

upside

High target

$23

10%

upside

6 analyst ratings

5 positive

83%

1 neutral

17%

0 negative

0%

RBC Capital Kenneth Lee	5%upside $22	Outperform Reiterated	23 May 2024
JP Morgan Melissa Wedel	5%upside $22	Overweight Maintained	2 May 2024
Truist Securities Mark Hughes	10%upside $23	Buy Maintained	2 May 2024
Oppenheimer Mitchel Penn	5%upside $22	Outperform Maintained	2 May 2024
JMP Securities Devin Ryan	0%upside $21	Market Outperform Reiterated	26 Mar 2024

See Analyst Rankings

Financial journalist opinion

Based on 27 articles about ARCC published over the past 30 days

Zacks Investment Research

Ares Capital (ARCC) Rises As Market Takes a Dip: Key Facts

In the closing of the recent trading day, Ares Capital (ARCC) stood at $20.77, denoting a +0.05% change from the preceding trading day.

Ares Capital (ARCC) Rises As Market Takes a Dip: Key Facts

Zacks Investment Research

Curious about Ares Capital (ARCC) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ares Capital (ARCC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Curious about Ares Capital (ARCC) Q2 Performance? Explore Wall Street Estimates for Key Metrics

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarter. Main portfolio picks included Ares Capital, Hercules Capital, Goldman Sachs BDC, and MidCap Financial Investment Corporation.

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Zacks Investment Research

Wall Street Bulls Look Optimistic About Ares Capital (ARCC): Should You Buy?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Wall Street Bulls Look Optimistic About Ares Capital (ARCC): Should You Buy?

Zacks Investment Research

Here is What to Know Beyond Why Ares Capital Corporation (ARCC) is a Trending Stock

Ares Capital (ARCC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Here is What to Know Beyond Why Ares Capital Corporation (ARCC) is a Trending Stock

The Motley Fool

Bull Market Buys: 2 Tantalizing Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist Right Now

Hercules Technology Growth Capital makes loans to emerging technology businesses. Ares Capital offers a unique suite of financial products to lower-middle-market businesses.

Bull Market Buys: 2 Tantalizing Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist Right Now

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.

Mortgage REITs Surging

Ares Capital: One Of The Best Buys In The BDC Sector

ARCC is the largest BDC out there, which comes with many advantages. One clear advantage is the ability to source sizeable volumes to keep the portfolio growth stable. This is an issue for other BDCs. ARCC has managed to sign these new investments by keeping the underwriting standards strict.

Ares Capital: One Of The Best Buys In The BDC Sector

Zacks Investment Research

Ares Capital (ARCC) Registers a Bigger Fall Than the Market: Important Facts to Note

Ares Capital (ARCC) closed the most recent trading day at $20.70, moving -0.72% from the previous trading session.

Ares Capital (ARCC) Registers a Bigger Fall Than the Market: Important Facts to Note

Zacks Investment Research

Ares Capital (ARCC) Falls More Steeply Than Broader Market: What Investors Need to Know

In the latest trading session, Ares Capital (ARCC) closed at $20.85, marking a -1.04% move from the previous day.

Ares Capital (ARCC) Falls More Steeply Than Broader Market: What Investors Need to Know

See News Rankings