LockieCurrieOverview I previously covered Ares Capital (NASDAQ:ARCC) in December 2023 with a Buy when there was an expectation that interest rates would come down soon. However, with the latest CPI report reinforcing the idea that the Fed will likely not begin cutting rates any time soon, I wanted to revisit one of my favorite Business Development Companies to provide an update outlook. Since my initial coverage back in December, ARCC has provided a total return that's slightly higher than the S&P 500 ( ...

Wall Street analysts forecast that Ares Capital (ARCC) will report quarterly earnings of $0.59 per share in its upcoming release, pointing to a year-over-year increase of 5.4%. It is anticipated that revenues will amount to $701.4 million, exhibiting an increase of 13.5% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration ...

1001Love/iStock via Getty ImagesIntroduction With high interest rates, many business development companies have enjoyed share price appreciation from their predominantly floating rate portfolios. Over the last two years, since the start of rate hikes, many trade at large premiums to their NAV prices. But there are still a few BDCs that I consider to be of high quality that investors can still get at a discount to their NAV. One of those is Bain Capital Specialty Finance (NYSE:BCSF). And in this article ...

Core Viewpoint - Ares Capital (ARCC) has shown a positive stock performance recently, with a +2% return over the past month, outperforming the S&P 500's -1.7% change and the Zacks Financial - SBIC & Commercial Industry's +1.2% gain, raising questions about its future direction [1] Earnings Estimate Revisions - The current quarter's earnings estimate for Ares Capital is projected at $0.59 per share, reflecting a +5.4% change from the previous year, with a +0.4% adjustment in the last 30 days [3] - For the current fiscal year, the consensus earnings estimate is $2.35, indicating a -0.8% change from the prior year, with a +0.9% change over the last month [3] - The next fiscal year's consensus estimate is $2.25, showing a -4.2% change from the previous year, with no change in the last month [3] Revenue Growth Forecast - Ares Capital's consensus sales estimate for the current quarter is $701.4 million, representing a +13.5% year-over-year change [5] - The sales estimates for the current and next fiscal years are $2.85 billion and $2.86 billion, indicating changes of +8.9% and +0.6%, respectively [5] Last Reported Results and Surprise History - In the last reported quarter, Ares Capital achieved revenues of $707 million, a +10.5% year-over-year increase, with an EPS of $0.63, unchanged from the previous year [6] - The reported revenues exceeded the Zacks Consensus Estimate of $684.52 million by +3.28%, and the EPS surpassed estimates by +6.78% [6] - Over the last four quarters, Ares Capital exceeded consensus EPS estimates three times and revenue estimates two times [7] Valuation - Ares Capital's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued compared to its historical values and peers [8] - The Zacks Value Style Score for Ares Capital is graded D, indicating it is trading at a premium to its peers [9] Bottom Line - Ares Capital's Zacks Rank 3 suggests it may perform in line with the broader market in the near term, amidst ongoing market interest [10]

The most recent trading session ended with Ares Capital (ARCC) standing at $20.24, reflecting no shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.03%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.12%.Heading into today, shares of the private equity firm had gained 0.95% over the past month, outpacing the Finance sector's loss of 5.58% and the S&P 500's loss of 0.9% in that time.The upcoming earnings release of Ares Capit ...

The average yield from these stocks is more than five times the market average.If you're nervous about retiring without enough passive you have more than a few options. Buying rental properties is a popular one, but those properties could lose money if you hire a property manager that doesn't maintain them or keep them occupied with paying tenants.Investors looking to build a truly passive income stream are probably better off buying dividend-paying stocks. If you pick businesses that can continue growing t ...

5 Absolutely Best Dividend Stocks Yielding Over 9% ShutterstockProfessional / Shutterstock.com Investors love dividend stocks because they provide dependable income and a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation.At 247 Wall St., we always remind our readers about the impact total return has on portfolios be ...

gradyreese/iStock via Getty Images Co-authored by Treading Softly. Recent statistics reveal that a shocking number of people earning six figures a year are still living paycheck to paycheck. Part of this can be attributed to poor financial management. Many people making six figures are carrying six-figure-sized student loans, weighing down on their personal finances decades after they've graduated. Additionally, some people may have sizeable credit card debts or other high-interest debts, either in addition ...

Ares Capital (ARCC) closed at $20.53 in the latest trading session, marking a +0.69% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.The private equity firm's stock has climbed by 0.34% in the past month, falling short of the Finance sector's gain of 3.08% and the S&P 500's gain of 2.16%.The investment community will be paying close attention to the earnings perform ...

Khosrork Context In the past couple of years, investors have gone through some fundamental swings in the economy and the assumptions, which are driving portfolio risks and returns. It started with the outbreak of COVID-19 after which the Fed Funds Rate dropped to zero It was later followed by a huge uptick in inflation, which in turn triggered very steep interest rate hikes in a condensed period of time. The latest structural dynamics or a topic about which investors were constantly chatting about was the p ...