Ares Capital Corporation

ARCC

NASDAQ. Currency in USD

17.98 -0.38 ( -2.07% )

Real time prices: December 19

Market Cap.
9.30B
Beta (5Y monthly)
1.06
Price/Earnings
9.83
EPS (TTM)
1.95
Forward Dividend
1.92 (10.46%)
Ex-Dividend Date
Dec 15, 2022
Volume
2.95M
1y Target Est.
20.87
Day's Range
17.95
-
18.39
52 Week's Range
16.53
-
23.00

Historical Summary

Performance
EPS growth
Share Buybacks

About Ares Capital Corporation

Sector
Financial Services
Industry
Asset Management
Website
https://www.arescapitalcorp.com
Exchange
NASDAQ (XNAS)
Shares Outstanding
460.75M
Employees
0
Address
2000 Avenue of the Stars, Los Angeles, CA, United States, 90067
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. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Latest news

Better Blue Chip BDC Buy: Ares Capital Or Owl Rock Capital?
Better Blue Chip BDC Buy: Ares Capital Or Owl Rock Capital?

Both Owl Rock Capital and Ares Capital boast investment-grade credit ratings and high dividend yields....
By Seeking Alpha - 7 weeks ago

Ares Capital (ARCC) Stock Moves -0.48%: What You Should Know
Ares Capital (ARCC) Stock Moves -0.48%: What You Should Know

Ares Capital (ARCC) closed at $18.60 in the latest trading session, marking a -0.48% move...
By Zacks Investment Research - 7 weeks ago

Wall Street Analysts See Ares Capital (ARCC) as a Buy: Should You Invest?
Wall Street Analysts See Ares Capital (ARCC) as a Buy: Should You Invest?

According to the average brokerage recommendation (ABR), one should invest in Ares Capital (ARCC). It...
By Zacks Investment Research - 7 weeks ago

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