Ares Capital(ARCC)

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Ares Capital Corporation (ARCC) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-04-18 14:00
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]
Ares Capital (ARCC) Flat As Market Gains: What You Should Know
Zacks Investment Research· 2024-04-16 23:06
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 ...
Want $1,000 in Annual Dividend Income? Invest $13,200 in These Ultra-High-Yield Dividend Stocks.
The Motley Fool· 2024-04-15 08:53
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%
24/7 Wall Street· 2024-04-06 12:11
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 ...
2 Fat Dividends I Am Buying Now
Seeking Alpha· 2024-04-04 11:35
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) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-02 22:56
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 ...
Enjoying The Benefit Of Higher For Longer With These 3 High Yielders
Seeking Alpha· 2024-04-01 19:11
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 ...
Why Ares Capital (ARCC) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-01 17:10
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Ares Capital (ARCC) , which belongs to the Zacks Financial - SBIC & Commercial Industry industry.This private equity firm has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.25%.For the last reported quarter, Ares Capital came out with earnings of $0.63 ...
BDC Weekly Review: Different Flavors Of BDC Valuations
Seeking Alpha· 2024-03-30 02:17
GMVozd/E+ via Getty Images Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the fourt ...
Opportunities In This Income Market Melt-Up
Seeking Alpha· 2024-03-29 08:52
Galeanu Mihai/iStock via Getty Images The broader income market has been in melt-up mode over the past year, and most recently, after the Fed refused to tighten the screws in light of stubbornly high inflation readings. Although this development has boosted returns, it has resulted in a less favorable investment environment as the compensation for bearing risk has been reduced to historically unattractive levels. In this article we take a look at the key features of the current credit market and highlight h ...