FMP

FMP

Ares Management Corporation (NYSE: ARES) Overview

  • Ares Management Corporation's consensus price target has slightly decreased but shows a stable analyst sentiment recently.
  • The company is expected to see growth in its earnings, with a positive outlook from analysts despite a recent increase in share price.
  • Ares is expanding its presence in the energy infrastructure sector and focusing on diversifying revenue streams through private wealth and insurance.

Ares Management Corporation (NYSE: ARES) is a leading alternative asset manager with a global presence, offering a variety of investment strategies. The company operates through segments like Tradable Credit, Direct Lending, Private Equity, and Real Estate, each catering to different investment needs. Ares competes with other asset managers like Blackstone and Apollo Global Management in the alternative investment space.

The consensus price target for Ares Management's stock has shown a slight decrease over the past year, from $191.88 to $180.67. This suggests that analysts have adjusted their expectations for the company's stock performance. However, the price target has remained stable over the last month and quarter, indicating a steady analyst sentiment recently.

Ares is expanding its presence in the energy infrastructure sector and focusing on private wealth and insurance to diversify revenue streams. The company has completed major energy deals and raised $5.3 billion for infrastructure projects. Ares aims to attract high-net-worth clients to enhance its higher-margin business, supported by strong free cash flow yield and robust dividend growth.

The company anticipates margin expansion as synergies from acquisitions take effect. Despite being valued at a premium, Ares Management's strategic initiatives and strong financial position provide confidence in its future growth. Investors should monitor earnings reports and strategic developments for further insights into the company's stock performance.