Ares Capital Corporation (ARCC) is a prominent publicly traded business development company that focuses on delivering tailored financing solutions to middle-market firms across diverse sectors. The company employs a dual investment strategy that integrates both debt and equity investments, aiming to achieve strong risk-adjusted returns while prioritizing capital preservation. Backed by the extensive expertise of Ares Management Corporation, ARCC's disciplined credit analysis and diversified investment portfolio position it to capitalize on growth opportunities and enhance long-term shareholder value in the evolving private equity landscape.
| Revenue (TTM) | $3.09B |
| Gross Profit (TTM) | $3.09B |
| EBITDA | — |
| Operating Margin | 72.70% |
| Return on Equity | 6.19% |
| Return on Assets | 4.78% |
| Revenue/Share (TTM) | $4.30 |
| Book Value | $19.32 |
| Price-to-Book | 1.00 |
| Price-to-Sales (TTM) | 4.47 |
| EV/Revenue | 26.97 |
| EV/EBITDA | 10.19 |
| Quarterly Earnings Growth (YoY) | -22.20% |
| Quarterly Revenue Growth (YoY) | -2.40% |
| Shares Outstanding | $722.20M |
| Float | 0 |
| % Insiders | 0.56% |
| % Institutions | 36.09% |
Volatility is currently expanding
Retirement changes what a portfolio has to do. The paycheck that used to arrive every two weeks has to come from somewhere else, and for many retirees Social Security covers only part of it.
Two of the six stocks in this high-yield portfolio quietly drive most of the IRS bill, and a simple change in where you hold them could keep that money working for you.
Ares Capital remains a "Buy" for income-focused investors, despite a challenging Q3 marked by declining financials and investment activity. ARCC's 10% yield appears sustainable near-term, supported by robust liquidity, low leverage, ample spillover income, and a slight discount to NAV. The announced $2.6 billion mid-cap financial acquisition is expected to be modestly accretive and demonstrates ARCC's scale advantage in a tough environment.
Ares Capital agreed to acquire MidCap Financial Investment Corporation to cement its middle-market dominance. Ares Management is contributing $1.21 per share in cash to subsidize the acquisition consideration. Shareholders of ARCC acquire the target loan portfolio at an effective 25% discount to book value.
Now is a great time to be a high-yield investor, as dividends can provide a buffer against market volatility. I highlight two such names that are attractively valued at present. Both have diversified businesses that collect income from many sources and have paths to grow.
Recently, Zacks.com users have been paying close attention to Ares Capital (ARCC). This makes it worthwhile to examine what the stock has in store.
Retirees who no longer draw a paycheck usually judge a portfolio by one number: how much cash gets in each year without tapping principal. Social Security covers part of the monthly bills.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MidCap Financial Investment Corporation (NasdaqGS: MFIC) to Ares Capital Corporation (NasdaqGS: ARCC). Under the terms of the proposed transaction, shareholders of MidCap are expected to receive total consideration of $10.88 per fully diluted share of MFIC common stock, consisting of approximately $.
Ares Capital Corp is rated HOLD, reflecting a balance of mixed fundamentals and fair valuation near $18.61. NII and Core EPS fell to $0.46, failing to cover the $0.48 dividend, while NAV declined for a fourth consecutive quarter. ARCC trades at 0.96× book (below the historical mean) but at a 10.1× NII multiple, indicating premium pricing on earnings.
Ares Capital's third-quarter core earnings declined and fell slightly short of its dividend. The company continues to maintain a relatively healthy loan portfolio, although non-accrual investments have increased.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on ARCC and any ticker you trade — then tracks every position and per-strategy win rate.
