Ares Capital (ARCC) to Release Quarterly Earnings on Tuesday

Ares Capital (NASDAQ:ARCC) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $769.32 million for the quarter.

Ares Capital (NASDAQ:ARCC) last released its quarterly earnings data on Wednesday, February 5th. The investment management company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.03). Ares Capital had a net margin of 50.90% and a return on equity of 11.54%. On average, analysts expect Ares Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ares Capital Stock Performance

NASDAQ ARCC opened at $21.11 on Monday. The firm has a market capitalization of $14.45 billion, a P/E ratio of 8.62 and a beta of 0.77. Ares Capital has a 1-year low of $18.26 and a 1-year high of $23.84. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.21 and a quick ratio of 1.21. The business’s 50-day simple moving average is $21.60 and its 200-day simple moving average is $21.95.

Ares Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.10%. The ex-dividend date was Friday, March 14th. Ares Capital’s dividend payout ratio is currently 78.37%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ARCC shares. StockNews.com lowered Ares Capital from a “hold” rating to a “sell” rating in a research note on Friday, February 7th. Wells Fargo & Company reduced their price target on Ares Capital from $24.00 to $23.00 and set an “overweight” rating on the stock in a research report on Thursday, February 6th. JPMorgan Chase & Co. reduced their price target on Ares Capital from $24.50 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday. UBS Group reduced their price target on Ares Capital from $22.00 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, April 17th. Finally, Raymond James lowered Ares Capital from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.33.

About Ares Capital

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors.