Ares Management Corp (NYSE:ARES) shares traded 1.20% higher at $170.81 on Wall Street last session.
ARES stock price is now 9.47% away from the 50-day moving average and 3.68% away from the 200-day moving average. The market capitalization of the company currently stands at $55.78B.
On April 16, 2025, Oppenheimer Upgraded its previous ‘Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $159, while ‘Citizens JMP’ rates the stock as ‘Mkt Outperform’
In other news, BAR HOLDINGS, LLC, Director bought 85,000 shares of the company’s stock on Jun 12 ’25. The stock was bought for $14,346,300 at an average price of $168.78. An SEC document containing details of the transaction can be found on the SEC’s website. On May 30 ’25, Co-Founder KAPLAN DAVID B sold 33,145 shares of the business’s stock. A total of $5,472,902 was realized by selling the stock at an average price of $165.12. A total of 7.39% of the company’s stock is owned by insiders.
During the past 12 months, Ares Management Corp has had a low of $110.63 and a high of $200.49. As of last week, the company has a debt-to-equity ratio of 3.00, a current ratio of 0.58, and a quick ratio of 0.58.
The net profit margin was 7.66% and return on equity was 12.97% for ARES. For the current quarter, analysts expect ARES to generate $1.02B in revenue.
