Key Takeaways
- • Ares Management (ARES) closed at $131.64 on September 11, 2026, up $1.01 (+0.77%) with a market capitalization of $43.68 billion and 227.45 million shares outstanding.
- • The stock trades at a trailing P/E ratio of 60.11x with trailing twelve-month earnings per share of $2.19 and trailing revenue of $5.99 billion, generating net income available to common shareholders of $572.57 million.
- • Oppenheimer raised its price target on August 27, 2026, from $151 to $162, maintaining an "Outperform" rating, while the consensus one-year target estimate stands at $147.78.
- • The 52-week trading range spans $95.80 to $186.85, indicating significant volatility; the stock has declined from a January 31, 2025 closing price of $187.49, representing a year-to-date pullback.
- • Ares Management generated levered free cash flow of $2.16 billion (TTM) with a 10.63% profit margin, though the balance sheet shows elevated leverage at 172.38% total debt-to-equity with $1.85 billion in total cash.
Summary
Ares Management Corporation trades at $131.64 as of September 11, 2026, with a market capitalization of approximately $43.68 billion. The stock advanced 0.77% on the day, closing above its previous session at $130.63 with trading volume of 1.35 million shares, below the daily average of 2.26 million. Pre-market activity on September 12 showed the stock down 0.64 points to $131.00, indicating modest weakness in early trading.
The valuation backdrop reveals a high-multiple equity trading at 60.11x trailing earnings, substantially above historical averages. This valuation reflects the market's assessment of Ares' earnings quality and growth prospects within the alternative asset management industry. The company generated $5.99 billion in trailing twelve-month revenue with net income available to common shareholders of $572.57 million, translating to diluted EPS of $2.19. Ares has generated robust levered free cash flow of $2.16 billion over the same period, demonstrating strong cash generation capabilities despite elevated leverage metrics.
Oppenheimer reaffirmed its bullish stance on August 27, 2026, raising its price target to $162 from $151 and maintaining an "Outperform" rating. The consensus one-year target estimate of $147.78 suggests modest upside from current levels, representing approximately 12% appreciation potential. The company's forward dividend yield of 4.10% based on an indicated annual dividend of $5.40 per share provides income to equity holders, with an ex-dividend date scheduled for September 16, 2026.
The capital structure presents meaningful leverage considerations for investors. Total debt-to-equity stands at 172.38% (most recent quarter), with $1.85 billion in total cash, yielding a net debt position that warrants monitoring in volatile market environments. The company's beta of 1.52 over the five-year period indicates above-market sensitivity to systematic risk. Year-to-date performance shows pressure, with the stock down significantly from the January 31, 2025 closing price of $187.49, though the 52-week range of $95.80 to $186.85 demonstrates substantial volatility and recovery potential from lows. Earnings are expected to be reported on November 2, 2026.
The valuation backdrop reveals a high-multiple equity trading at 60.11x trailing earnings, substantially above historical averages. This valuation reflects the market's assessment of Ares' earnings quality and growth prospects within the alternative asset management industry. The company generated $5.99 billion in trailing twelve-month revenue with net income available to common shareholders of $572.57 million, translating to diluted EPS of $2.19. Ares has generated robust levered free cash flow of $2.16 billion over the same period, demonstrating strong cash generation capabilities despite elevated leverage metrics.
Oppenheimer reaffirmed its bullish stance on August 27, 2026, raising its price target to $162 from $151 and maintaining an "Outperform" rating. The consensus one-year target estimate of $147.78 suggests modest upside from current levels, representing approximately 12% appreciation potential. The company's forward dividend yield of 4.10% based on an indicated annual dividend of $5.40 per share provides income to equity holders, with an ex-dividend date scheduled for September 16, 2026.
The capital structure presents meaningful leverage considerations for investors. Total debt-to-equity stands at 172.38% (most recent quarter), with $1.85 billion in total cash, yielding a net debt position that warrants monitoring in volatile market environments. The company's beta of 1.52 over the five-year period indicates above-market sensitivity to systematic risk. Year-to-date performance shows pressure, with the stock down significantly from the January 31, 2025 closing price of $187.49, though the 52-week range of $95.80 to $186.85 demonstrates substantial volatility and recovery potential from lows. Earnings are expected to be reported on November 2, 2026.
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