Ares Management LP Stock News

Ares Corporation's Q3 earnings showed strong growth in EPS and record deployment. Despite an initial stock drop after the earnings report, ARES recovered to an all-time high, driven by positive market sentiment following Donald Trump's election. The Company's total AUM reached $463.8 billion, with significant potential for future fee-related earnings growth from undeployed capital.

September saw two new convertible preferred stock offerings, one term preferred offering, and one Exchange Traded Debt (ETD) offering, with yields ranging from 6% to 8.125%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric: CDx3 preferreds ranked 10 out of 10 are meanwhile selling for an average ...

Ares Management Corporation (NYSE:ARES ) Q3 2024 Results Conference Call November 1, 2024 11:00 AM ET Company Participants Greg Mason - Co-Head-Public Markets IR Michael Arougheti - CEO Jarrod Phillips - CFO Conference Call Participants Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Brendan O'Brien - Wolfe Research Bill Katz - TD Cowen Brennan Hawken - UBS Michael Cyprys - M...

$12.3 Billion in New Commitments Closed in the Third Quarter, Reaching a Record of $44.5 Billion Closed in the 12 Months Ended September 30, 2024 NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.3 billion in U.S. direct lending commitments across 86 transac...

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2024. GAAP net income attributable to Ares Management Corporation was $118.5 million for the quarter ended September 30, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting com...

There's a huge market disconnect going on in one of the hottest sectors right now. We discuss why one stock in that sector has massively lagged behind the other high fliers. We also discuss why we think this presents investors with a rare buying opportunity.

Diversified asset manager Ares Management Corporation (ARES) is expected to show continued growing earnings, dividend.

YARDVILLE, N.J. & NEW YORK--(BUSINESS WIRE)--Certified Automotive Lease Corp ("CAL Automotive"), a wholly-owned subsidiary of Auto Lender's Liquidation Center, Inc. (“Auto Lenders”), and Ares Management Alternative Credit funds (“Ares”) announced today that CAL Automotive and Ares have entered a joint venture to purchase and invest up to $1.5 billion in prime new vehicle leases originated by CA...