
- Ares Management’s fourth-quarter adjusted earnings per share (EPS) was $1.23, slightly higher than the previous year’s $1.21 but below the estimate of $1.30.
- The firm ended the year with assets under management (AUM) of $484 billion.
- Ares Management raised its quarterly dividend to $1.12 per share, up from $0.93 per share, exceeding the estimate of $1.06 per share.
- Kipp Deveer and Blair Jacobson have been appointed Co-Presidents in a strategic move to bolster the company’s credit division.
- Market analysts’ recommendations include 11 buys, 7 holds, and no sell ratings for Ares Management.
Ares Management on Smartkarma
Analyst coverage of Ares Management on Smartkarma by Harry Kalfas highlights the impact of Ares Management’s $3.7 billion acquisition of GLP Capital’s international operations. Kalfas suggests that this strategic move will enhance Ares Management’s footprint and index presence, potentially driving passive demand. The acquisition, structured with a combination of cash and stock, includes performance incentives. This deal, contingent on regulatory approvals, is expected to significantly influence Ares’ positioning in global and major US indexes, paving the way for substantial passive demand.
A look at Ares Management Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Ares Management shows promise for the long term. With a high Momentum score of 5, the company is poised for strong future performance. Furthermore, Ares Management scores well in Dividend and Growth with both receiving a score of 3, indicating stability and potential for expansion. While the Value and Resilience scores are lower at 2, Ares Management’s overall outlook remains positive.
Ares Management Corporation, an asset management firm, operates in various markets including tradable credit, direct lending, private equity, and real estate. The company’s investment focus spans all levels of a company’s capital structure, catering to a diverse clientele that includes university endowments, pension funds, and insurance companies. With a balanced performance across key factors, Ares Management appears well-positioned for sustainable growth and stability in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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