Ares Capital
ARCC
Market cap $14.9B

21.91 USD

+0.24

1.11%

At close May 16, 4:00 PM EDT

After hours

21.76

-0.15

0.68%

1 day

1.11%

5 days

1.34%

1 month

9.06%

3 months

-6.17%

6 months

1.06%

Year to date

-1.35%

1 year

3.59%

5 years

59.23%

10 years

32.87%

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 first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position) and second lien senior secured loans. In addition to senior secured loans, the company also invests in subordinated loans and preferred equity, it also makes common equity investments.

Employees: 3,200

Financials Asset Management

0

Funds holding %

of 7,457 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

88% more repeat investments, than reductions

Existing positions increased: 365 | Existing positions reduced: 194

31% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 67

0.15% more ownership

Funds ownership: 30.79% [Q4 2024] → 30.93% (+0.15%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 17 [Q4 2024] → 17 (+0) [Q1 2025]

1% less funds holding

Funds holding: 812 [Q4 2024] → 804 (-8) [Q1 2025]

9% less capital invested

Capital invested by funds: $5.17B [Q4 2024] → $4.69B (-$478M) [Q1 2025]

34% less call options, than puts

Call options by funds: $85.2M | Put options by funds: $130M

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$21

4%

downside

Avg. target

$22

1%

downside

High target

$23

5%

upside

5 analyst ratings

4 positive

80%

1 neutral

20%

0 negative

0%

RBC Capital Kenneth Lee 57% 1-year accuracy 34 / 60 met price target	5%upside $23	Outperform Maintained	6 May 2025
Wells Fargo Finian O'Shea 49% 1-year accuracy 29 / 59 met price target	4%downside $21	Overweight Maintained	30 Apr 2025
JP Morgan Melissa Wedel 61% 1-year accuracy 11 / 18 met price target	0%upside $22	Overweight Maintained	24 Apr 2025
UBS Doug Harter 100% 1-year accuracy 1 / 1 met price target	4%downside $21	Neutral Maintained	17 Apr 2025
Keefe, Bruyette & Woods Paul Johnson 75% 1-year accuracy 12 / 16 met price target	0%upside $22	Outperform Maintained	8 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 50 articles about ARCC published over the past 30 days

Zacks Investment Research

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

Ares Capital (ARCC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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

Zacks Investment Research

Brokers Suggest Investing in Ares Capital (ARCC): Read This Before Placing a Bet

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Brokers Suggest Investing in Ares Capital (ARCC): Read This Before Placing a Bet

The Motley Fool

The Smartest High-Yield Dividend Stocks in Warren Buffett's "Secret Portfolio" to Buy Right Now

Warren Buffett's secret is out of the bag. He's stepping down as CEO of Berkshire Hathaway at the end of the year.

The Smartest High-Yield Dividend Stocks in Warren Buffett's "Secret Portfolio" to Buy Right Now

From Overlooked To Outperforming: The Rise Of Two 9% Dividend Titans

We have limited visibility on important macro variables. This uncertainty fosters emotional decision-making. For long-term and high-quality investors, it is great news.

From Overlooked To Outperforming: The Rise Of Two 9% Dividend Titans

Dividend Cut Alert: High Yields Getting Risky

Blue-chip high yields are often looked to for stable and attractive passive income and total returns. However, several of these are on increasingly shaky footing right now. I detail why and share some examples in the article.

Dividend Cut Alert: High Yields Getting Risky

Ares Capital: A Top BDC Choice For Income Investors

Ares Capital missed EPS expectations for Q1, but results were nonetheless very robust; ARCC grew its portfolio, and maintained high balance sheet quality, with a low non-accrual percentage. I rated Ares Capital a hold previously, due to its high-yield and high valuation multiplier. Ares Capital's diversified portfolio and first lien strategy, combined with 326% Y/Y growth in net commitments, highlight its growth potential.

Ares Capital: A Top BDC Choice For Income Investors

10% Yields Every Retiree Should Own

These 10% yielders combine safety, growth, and big upside potential—perfect for living off dividends in retirement. Both are fully covering their dividends with cash flow and trade at attractive valuations—grab them while they're cheap. We also look at the risks facing each of them.

10% Yields Every Retiree Should Own

Dividend Investors, It's Time To Raise Cash, Here's Why

Despite my usual inclination to invest in dividend-paying stocks, current market valuations and economic risks lead me to prefer raising cash over investing. The 10-year Treasury yield reflects a tug-of-war between inflation and economic weakness, influenced by tariffs and trade uncertainties. The recent U.S.-U.K. trade deal is a positive development, but it doesn't fully offset the higher tariffs still in place post-"Liberation Day."

Dividend Investors, It's Time To Raise Cash, Here's Why

Ares Capital: But Less Risk, More Return

The economic outlook is uncertain, with risks from tariffs and potential stagflation impacting high-risk, high-return assets like Ares Capital. ARCC offers a 9% yield but faces limited growth prospects, declining earnings, and higher risk, yet trades at a premium to NAV. Options strategies like buy-writes and selling puts can provide better returns with reduced downside risk, outperforming the 9% yield.

Ares Capital: But Less Risk, More Return

Ares Capital: Stalwart BDC Keeps Rolling Along With A Solid Q1 Result

Ares Capital delivered a solid 2.1% total NAV return in Q1, trading at a 9.4% dividend yield and a 3% premium to book. Core net investment income dropped to $0.50, with GAAP NII steady at $0.54; dividend coverage fell to 104%, but the dividend remains stable. Portfolio quality remains stable with non-accruals at 0.9% and a diversified portfolio; leverage is low but may rise as lending opportunities increase.

Ares Capital: Stalwart BDC Keeps Rolling Along With A Solid Q1 Result

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