Ares Capital Corporation (ARCC)

US — Financial Services Sector
Peers: TPVG  TSLX  MAIN  CSWC  GAIN  PFLT  PSEC  HTGC  GLAD  HRZN  SCM  CGBD 

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Key Metrics & Ratings

  • symbol ARCC
  • Rev/Share 3.1735
  • Book/Share 20.2003
  • PB 1.0275
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.7434

 

  • MktCap 14854905583.0
  • FreeCF/Share 1.8392
  • PFCF 11.3918
  • PE 11.3456
  • Debt/Assets 0.0
  • DivYield 0.0925
  • ROE 0.0937

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 5
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade ARCC B. Riley Securities Neutral Buy -- $23.5 July 30, 2025
Downgrade ARCC Raymond James Outperform Market Perform -- -- Feb. 6, 2025
Upgrade ARCC Wells Fargo Equal Weight Overweight -- -- Dec. 12, 2024

News

ARCC vs. HTGC: Which BDC Stock Is Positioned Better for Growth?
ARCC, HTGC
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

Ares Capital Corporation ARCC and Hercules Capital, Inc. HTGC are two leading Business Development Companies (BDCs) focused on income-oriented investing. Both companies primarily provide senior secured and structured debt financing to middle-market U.S. companies, generating the bulk of their revenues from interest income.

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image for news ARCC vs. HTGC: Which BDC Stock Is Positioned Better for Growth?
Correction Alert: Top-Rated Dividend Stocks Due For A Sharp Pullback
AMLP, ARCC, BIZD, BXSL, FDUS, GBDC, GLAD, TRP, TSLX
Published: January 06, 2026 by: Seeking Alpha
Sentiment: Negative

Blue-chip dividend stocks are generally excellent investments for investors who prioritize a combination of income, total returns, and risk management. Two widely trusted blue-chip dividend stocks may be increasingly at-risk of a sharp pullback. I take a look at why this is the case.

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image for news Correction Alert: Top-Rated Dividend Stocks Due For A Sharp Pullback
My Dividend Stock Portfolio: New November Dividend Record - 100 Holdings With 12 Buys
AAPL, AGNC, ALIZF, AM, AMD, APLE, ARCC, ARI, AVGO, BA, BABA, BAC, BEP, BGS, BNS, BP, BX, CBAUF, CL, CM, CSCO, CSWC, D, ENB, FSK
Published: January 05, 2026 by: Seeking Alpha
Sentiment: Positive

I trimmed positions in NVDA and AMD due to valuation concerns and overexposure, favoring BDCs like ARCC, OBDC, and HTGC for yield. November dividend income reached a record $653, up 5% Y/Y, with BDCs now comprising 33% of total dividends despite potential sector-wide dividend cuts. My 2025 target is $11,000 in annual net dividends (8% growth), with flexibility to raise capital for real estate or travel if opportunities arise.

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image for news My Dividend Stock Portfolio: New November Dividend Record - 100 Holdings With 12 Buys
Our Top 2026 Passive Income Ultra-High-Yield Picks With Up to 10% Dividends
ARCC, DKL, STWD, TXO
Published: January 02, 2026 by: 24/7 Wall Street
Sentiment: Positive

Investors love dividend stocks, especially those with ultra-high yields, because they provide a substantial passive income stream and offer significant total return potential.

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image for news Our Top 2026 Passive Income Ultra-High-Yield Picks With Up to 10% Dividends
My Most Important Dividend Growth Picks For The Market's Next Phase
APO, ARCC, ARES, BAM, BIZD, BN, BX, GOOG, GOOGL, KKR, MAIN, META, NVDA, OWL, QQQ, SPY, TSLA
Published: January 01, 2026 by: Seeking Alpha
Sentiment: Positive

The market's favorite AI trades may already be priced for perfection. A quieter corner of the AI boom is generating real cash flows. Dividend growth investors may be looking in all the wrong places.

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image for news My Most Important Dividend Growth Picks For The Market's Next Phase
Investing $122,100 in These 3 High-Yield Dividend Stocks Could Make You $10,000 in Reliable Passive Income in 2026
ARCC, ET, PFE
Published: January 01, 2026 by: The Motley Fool
Sentiment: Positive

Ares Capital offers an especially juicy dividend. Energy Transfer has an impressive track record of increasing its distribution each quarter.

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image for news Investing $122,100 in These 3 High-Yield Dividend Stocks Could Make You $10,000 in Reliable Passive Income in 2026
Here is What to Know Beyond Why Ares Capital Corporation (ARCC) is a Trending Stock
ARCC
Published: December 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Ares Capital (ARCC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Here is What to Know Beyond Why Ares Capital Corporation (ARCC) is a Trending Stock
Ares Capital's High Yield Looks Safe But The Stock May Still Underperform In 2026
ARCC
Published: December 31, 2025 by: Seeking Alpha
Sentiment: Negative

Ares Capital's investment yield spread is likely to compress further as falling rates drag asset yields faster than funding costs, putting additional pressure on net investment income margins in 2026. Dividend coverage metrics can deteriorate as core EPS coverage hovers near 1x, but a large taxable income spillover pool meaningfully reduces the risk of a dividend cut in 2026. Macro M&A volumes remain weak, yet ARCC's rising net commitments and management commentary on middle-market deal flow suggests emerging cycle strength that can support absolute NII growth despite margin pressure.

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image for news Ares Capital's High Yield Looks Safe But The Stock May Still Underperform In 2026
Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
AMLP, ARCC, BIZD, BXSL, FDUS, HYG, KBDC, MAIN, OBDC, OCSL, SPY, TCPC, TPVG, TRIN, VNQ
Published: December 31, 2025 by: Seeking Alpha
Sentiment: Neutral

BDC net investment income levels are declining as the Fed lowers rates. Despite lower base rates, I see no reason to rotate out of the BDC sector. In the article I detail how BDCs have outperformed the S&P 500 and high yield credit even in prolonged low-rate environments.

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image for news Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
A Golden Buy The Dip Opportunity: Blue-Chip 11%+ Yields
ARCC, BIZD, BXSL, GBDC, MAIN, OBDC
Published: December 30, 2025 by: Seeking Alpha
Sentiment: Positive

Recent economic data and stock price valuations have recently become disconnected in two high-yielding blue-chip stocks. This presents a rare golden buying opportunity. I share why these 11%+ yields are compelling buys on the recent dip and what risks still linger.

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image for news A Golden Buy The Dip Opportunity: Blue-Chip 11%+ Yields
Ares Capital Vs. Blue Owl Capital: A Battle Of BDC Titans
ARCC, OWL
Published: December 24, 2025 by: Seeking Alpha
Sentiment: Positive

ARCC shows superior dividend coverage resilience in a -50bps rate cut scenario compared to OBDC. Non-accruals for ARCC trended down to 1.0% in Q3 2025, while OBDC experienced an uptick to 1.3%. Despite OBDC's higher yield, ARCC's historical Total Return outperforms, due to its equity-kicker strategy.

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image for news Ares Capital Vs. Blue Owl Capital: A Battle Of BDC Titans
A Golden Buying Opportunity Few Investors Have Noticed Yet
AMLP, ARCC, BIZD, BXSL, ENB, EPD, ET, FSK, KMI, MLPA, MPLX, PAA, SCHD, SPY, TRP, VNQ, XLU
Published: December 22, 2025 by: Seeking Alpha
Sentiment: Positive

The market looks very overvalued today. However, there is a corner of it that appears largely overlooked. I detail why I am pouring a large percentage of my portfolio into this golden buying opportunity.

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image for news A Golden Buying Opportunity Few Investors Have Noticed Yet
Ares Capital Corporation (ARCC) is Attracting Investor Attention: Here is What You Should Know
ARCC
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Ares Capital (ARCC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Ares Capital Corporation (ARCC) is Attracting Investor Attention: Here is What You Should Know
An Important Warning: Popular Income Stocks Are Getting Risky Here
AMLP, ARCC, BIZD, CSWC, KMI, MAIN, MLPX, OKE, PBDC, SCHD, VIG, WMB
Published: December 18, 2025 by: Seeking Alpha
Sentiment: Negative

Leading blue-chip dividend growth stocks appear to be untouchable, until you zoom out and see what's changed. A small shift in the macro could turn today's favorites into tomorrow's regrets. I detail why I'm walking away before most investors even notice the risk.

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image for news An Important Warning: Popular Income Stocks Are Getting Risky Here
Wall Street Analysts See Ares Capital (ARCC) as a Buy: Should You Invest?
ARCC
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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image for news Wall Street Analysts See Ares Capital (ARCC) as a Buy: Should You Invest?
My Ultimate BDC Playbook For 2026
ARCC, ARES, BIZD, BX, CSWC, HTGC, MAIN, MS, MSDL
Published: December 15, 2025 by: Seeking Alpha
Sentiment: Neutral

Big yields, but rising risks are quietly reshaping the BDC sector. Interest rates and credit quality are heading toward a collision. My portfolio is positioned very differently for what comes next.

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image for news My Ultimate BDC Playbook For 2026
Ares Capital Corporation (ARCC) Is a Trending Stock: Facts to Know Before Betting on It
ARCC
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Ares Capital (ARCC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Ares Capital Corporation (ARCC) Is a Trending Stock: Facts to Know Before Betting on It
My Biggest Contrarian Bet: The BDC Hidden Income Gift
ARCC, BIZD, CCAP, FSK, IAUI, KBDC, OBDC, OTF, QQQI
Published: December 08, 2025 by: Seeking Alpha
Sentiment: Neutral

The market seems to question the true fair value of BDC portfolios. There is a fear that the BDCs will start to report elevated non-accruals, which would make their life more difficult (as they have already a lower interest rate problem at hand). For durable and high-yield income investors this has created a truly enticing and timely opportunity, which simply has to be explored given the direction of overall asset yields.

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image for news My Biggest Contrarian Bet: The BDC Hidden Income Gift
Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
ARCC
Published: November 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Ares Capital (ARCC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
5 Ultra-High-Yield 8%-11% Dividend Stocks Are Way Too Cheap Now
APLE, ARCC, PAA, STWD, TU
Published: November 25, 2025 by: 24/7 Wall Street
Sentiment: Positive

Investors love dividend stocks, especially those with ultra-high yields, because they provide a substantial income stream and offer significant total return potential.

Read More
image for news 5 Ultra-High-Yield 8%-11% Dividend Stocks Are Way Too Cheap Now
Don't Bury BDC Dividends Just Yet
ARCC, BIZD, BXSL, CION, CSWC, FDUS, FSK, GBDC, HTGC, KBDC, MAIN, MSDL, OBDC, OTF, TRIN, TSLX
Published: November 17, 2025 by: Seeking Alpha
Sentiment: Positive

The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it is a process that takes time, the current data show that many BDCs are well-positioned to safeguard their existing dividends.

Read More
image for news Don't Bury BDC Dividends Just Yet
Here is What to Know Beyond Why Ares Capital Corporation (ARCC) is a Trending Stock
ARCC
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Ares Capital (ARCC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Here is What to Know Beyond Why Ares Capital Corporation (ARCC) is a Trending Stock
Seeking 15%+ Yields? Here Are 2 BDCs I'm Buying
ARCC, BIZD, CION, FSK
Published: November 14, 2025 by: Seeking Alpha
Sentiment: Positive

The BDC sector average discount to NAV is 15%. Yet, there are some players that trade at even 30%+ discounts and thus offer very compelling yields. The logic would tell that such BDCs are certainly meant for pure speculation.

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image for news Seeking 15%+ Yields? Here Are 2 BDCs I'm Buying
The BDC Bargain Bell Is Ringing
ARCC, BIZD, FDUS, GS, KBDC, MAIN, MS, MSDL, OBDC, PBDC, TRIN
Published: November 13, 2025 by: Seeking Alpha
Sentiment: Neutral

BDCs have had a rough year so far. Yet, Q3 earnings data points indicate that the tide could be turning. While there are some tangible improvements in BDC business environment, many risks remain open.

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image for news The BDC Bargain Bell Is Ringing
The Best REIT, BDC, And MLP To Retire On
AMLP, ARCC, BIZD, BXSL, CSWC, ENB, EPD, JEPQ, KMI, MAA, MPLX, O, PAA, PAGP, SCHD, UTG, VNQ
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Positive

Discover the 3 dividend-paying powerhouses I'd trust to fund a lifetime of passive income. These high-yield investments combine safety, growth, and tax efficiency like few others. Learn why I believe these picks could anchor a durable dividend retirement portfolio.

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image for news The Best REIT, BDC, And MLP To Retire On
3 SBIC & Commercial Finance Stocks to Watch Despite Industry Concerns
ARCC, HTGC, RWAY
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Declining interest rates will weigh on loan yields, while demand for personalized financing is expected to rise. The Zacks SBIC & Commercial Finance industry players like ARCC, MAIN and RWAY are worth a look.

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image for news 3 SBIC & Commercial Finance Stocks to Watch Despite Industry Concerns
Ares Capital: A Great Q3 From This High-Performing BDC
ARCC
Published: November 05, 2025 by: Seeking Alpha
Sentiment: Positive

Ares Capital (ARCC) delivered a strong Q3 with a 3% total NAV return, maintaining a 9.3% dividend yield and stable portfolio quality. ARCC's dividend coverage remains robust at 104%, but headwinds from rising interest expense and tight credit spreads may pressure net investment income. Management is confident in maintaining the dividend, citing multiple levers like increased leverage, higher-yielding opportunities, and spillover income for support.

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image for news Ares Capital: A Great Q3 From This High-Performing BDC
Ares Capital: The BDC Sell-Off Was Unhinged, 9.3% Dividend Yield Still Covered
ARCC
Published: October 30, 2025 by: Seeking Alpha
Sentiment: Positive

Ares Capital offers a 9.3% dividend yield, fully covered by net investment income, despite recent share price declines. The recent dip in ARCC shares has been driven by sector-wide fears of a dividend cut and credit events from unrelated companies. ARCC reported healthy third-quarter results, with total investment income beating consensus and net asset value growing by 12 cents versus its year-ago comp.

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image for news Ares Capital: The BDC Sell-Off Was Unhinged, 9.3% Dividend Yield Still Covered
My Top 10 High-Yield Picks For November 2025: One Yields 9%+
ARCC, BAC, BMO, C, CVS, CVX, JPM, MO, MRK, MURGY, PFG, SHEL, VZ, XOM
Published: October 30, 2025 by: Seeking Alpha
Sentiment: Positive

I present a diversified selection of high-yield dividend stocks with strong income and growth potential, including CVX, VZ, MO, ARCC, and others. Each company was selected for sustainable dividends, attractive yields, reasonable payout ratios, and a proven record or potential for dividend growth. CVX and ARCC receive positive Wall Street ratings, while VZ and MO offer high yields and strong free cash flow, supporting portfolio income stability.

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image for news My Top 10 High-Yield Picks For November 2025: One Yields 9%+
Ares Capital's Q3: Important Implications For BDCs
ARCC
Published: October 29, 2025 by: Seeking Alpha
Sentiment: Neutral

Ares Capital (ARCC) just reported Q3 results. I look at what these results mean for ARCC and the broader BDC sector. I also share my updated view on ARCC stock.

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image for news Ares Capital's Q3: Important Implications For BDCs

About Ares Capital Corporation (ARCC)

  • IPO Date 2004-10-05
  • Website https://www.arescapitalcorp.com
  • Industry Asset Management
  • CEO Kort Schnabel
  • Employees 1200

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.