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 3.3119
  • Book/Share 20.4835
  • PB 0.9349
  • Debt/Equity 1.1168
  • CurrentRatio 1.7103
  • ROIC 0.0495

 

  • MktCap 13750137482.0
  • FreeCF/Share 1.6338
  • PFCF 12.0404
  • PE 10.3047
  • Debt/Assets 0.512
  • DivYield 0.1003
  • ROE 0.0922

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 5
  • P/B Score 3
  • D/E Score 2

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

This Major Market Rotation Just Handed Dividend Investors A Huge Gift
AMLP, APO, ARCC, ARES, BIZD, BX, BXSL, GDX, GPZ, HTGC, KKR, OBDC, SCHD, UTF, XLE, XLU
Published: February 23, 2026 by: Seeking Alpha
Sentiment: Positive

This Major Market Rotation Just Handed Dividend Investors A Huge Gift

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image for news This Major Market Rotation Just Handed Dividend Investors A Huge Gift
Just Four Dividend Stocks Transform $400,000 Into $2,500 a Month Retirement Income
ARCC, EPD, MAIN, O
Published: February 23, 2026 by: 24/7 Wall Street
Sentiment: Positive

A $400,000 portfolio can generate $3,200 a month, but only if you're willing to hold assets that most retirement guides skip entirely.

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image for news Just Four Dividend Stocks Transform $400,000 Into $2,500 a Month Retirement Income
Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
ARCC
Published: February 20, 2026 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 Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
Ares Capital: This 10% Yielder Now May Be Worth Dipping Your Toe In (Rating Upgrade)
ARCC
Published: February 17, 2026 by: Seeking Alpha
Sentiment: Positive

Ares Capital is upgraded to buy, supported by record investment activity, improved dividend coverage, and a modest discount to NAV. Q4 net investment income rose to $370 million, boosting dividend coverage from 100% to 108% and reinforcing confidence in dividend sustainability. ARCC's size, scale, and robust liquidity position offset headwinds from potential rate cuts and sector risks, supporting a near 10% yield.

Read More
image for news Ares Capital: This 10% Yielder Now May Be Worth Dipping Your Toe In (Rating Upgrade)
2 BDCs To Dump Before They Cut Their Dividend
ARCC, BIZD, CSWC, GBDC, GLAD, IGV, OBDC, OCSL, PSBD
Published: February 12, 2026 by: Seeking Alpha
Sentiment: Negative

The market has become worried about BDCs mostly from the credit risk perspective. However, some of the recent earnings reports and BDC examples show that dividend cut risk has not disappeared. In this article, I share two BDC examples that are very likely to slash their dividends soon.

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image for news 2 BDCs To Dump Before They Cut Their Dividend
Red-Hot Jobs Report Will Delay Fed Rate Cuts—Lock In These 5 Ultra-High-Yield Dividend Giants
ARCC, DOC, ET, PAA, STWD
Published: February 11, 2026 by: 24/7 Wall Street
Sentiment: Positive

The red-hot January non-farm payrolls report blew away Wall Street, and almost at once, the prediction for 2.5 rate cuts this year was slashed to 2.

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image for news Red-Hot Jobs Report Will Delay Fed Rate Cuts—Lock In These 5 Ultra-High-Yield Dividend Giants
6%-8% Yields: 2 Of The Best Retirement Income Machines
AMLP, ARCC, BIZD, DGRO, EPD, MPC, MPLX, SCHD, VIG, VYM
Published: February 10, 2026 by: Seeking Alpha
Sentiment: Positive

High yield is easy; sustaining it is the real challenge. Two overlooked income machines quietly solve a major retirement problem. Why inflation may matter far less than most investors think.

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image for news 6%-8% Yields: 2 Of The Best Retirement Income Machines
Ares Capital Corporation (ARCC) is Attracting Investor Attention: Here is What You Should Know
ARCC
Published: February 09, 2026 by: Zacks Investment Research
Sentiment: Positive

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.

Read More
image for news Ares Capital Corporation (ARCC) is Attracting Investor Attention: Here is What You Should Know
Buy The Dip: 11-13% Yields Getting Way Too Cheap
APO, ARCC, ARES, BIZD, BX, BXSL, CNSWF, GBDC, JPM, MS, MSDL, OBDC, ROP
Published: February 06, 2026 by: Seeking Alpha
Sentiment: Positive

The market is pricing in a disaster that the data still refuses to confirm. Deep discounts and double-digit yields are colliding in an overlooked corner of the market. If sentiment flips, the upside could surprise even seasoned income investors.

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image for news Buy The Dip: 11-13% Yields Getting Way Too Cheap
Ares Capital: When Things Get Shaky, You Have To Stick With The King (Rating Upgrade)
ARCC
Published: February 06, 2026 by: Seeking Alpha
Sentiment: Positive

Since my last (rating downgrade) piece, Ares Capital has contracted by ~13%. While I remained bullish on ARCC as a long-term compounding case, I was worried about the dividend sustainability and the P/NAV level in relation to the forthcoming pressures. The recent earnings report gives a solid foundation to assume a more optimistic scenario for the base dividend.

Read More
image for news Ares Capital: When Things Get Shaky, You Have To Stick With The King (Rating Upgrade)
ARCC's Q4 Earnings Meet, Stock Up on Higher Total Investment Income
ARCC
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Ares Capital's Q4 core earnings match estimates as total investment income rises, offset by higher expenses. Shares climb 2.3% after the report.

Read More
image for news ARCC's Q4 Earnings Meet, Stock Up on Higher Total Investment Income
Ares Capital (ARCC) Reports Q4 Earnings: What Key Metrics Have to Say
ARCC
Published: February 04, 2026 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Ares Capital (ARCC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Ares Capital (ARCC) Reports Q4 Earnings: What Key Metrics Have to Say
The Only Investing Strategy I'd Trust With My Entire Financial Future
AMLP, ARCC, B, BAM, BEP, BEPC, BIP, BIPC, BIZD, BN, BX, BXSL, CNQ, CPT, CVX, ENB, EPD, ET, FPI, GLD, MAA, MAIN, MLPA, MPLX, NEM
Published: February 03, 2026 by: Seeking Alpha
Sentiment: Positive

The market feels expensive, risky, and unforgiving. Dividend stocks have consistently underperformed recently. There's a third path most investors miss.

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image for news The Only Investing Strategy I'd Trust With My Entire Financial Future
High-Yield Carnage In 2026
AGNC, ARCC, ARR, BXMT, BXSL, CHMI, CIM, CSWC, DX, EFC, FBRT, FSK, GAIN, GBDC, GPMT, MAIN, MFA, MITT, NLY, OBDC, OCSL, ORC, PFSI, PMT, RC
Published: February 03, 2026 by: Seeking Alpha
Sentiment: Negative

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperformed on a risk-adjusted basis, prompting a portfolio shift towards these instruments for better yield and stability.

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image for news High-Yield Carnage In 2026
Is Ares Capital Stock Worth Owning Ahead of Q4 Earnings?
ARCC
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Neutral

ARCC is set to post Q4 results, with a modest revenue growth forecast, flat EPS estimates and expense pressures as rate cuts weigh on sentiment.

Read More
image for news Is Ares Capital Stock Worth Owning Ahead of Q4 Earnings?
2 BDC Value Creators For Durable NAV And High Income
ARCC, BIZD, CCAP, CSWC, FDUS, FSCO, FSK, MAIN, SPY, TRIN, TSLX, XFLT
Published: February 02, 2026 by: Seeking Alpha
Sentiment: Positive

2 BDC Value Creators For Durable NAV And High Income

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image for news 2 BDC Value Creators For Durable NAV And High Income
Wall Street Analysts Think Ares Capital (ARCC) Is a Good Investment: Is It?
ARCC
Published: January 30, 2026 by: Zacks Investment Research
Sentiment: Positive

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?

Read More
image for news Wall Street Analysts Think Ares Capital (ARCC) Is a Good Investment: Is It?
Ares Capital (ARCC) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
ARCC
Published: January 30, 2026 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for Ares Capital (ARCC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.

Read More
image for news Ares Capital (ARCC) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Will Growth in Total Investment Income Continue for ARCC in 2026?
ARCC
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Ares Capital's total investment income shows a 14.4% five-year (2019-2024) CAGR, with upward momentum into 2025.

Read More
image for news Will Growth in Total Investment Income Continue for ARCC in 2026?
Ares Capital Slips 10.4% in 6 Months: Should You Still Buy the Stock?
ARCC
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Negative

ARCC shares fall 10.4% in six months as rate cuts squeeze yields, but robust originations, income growth and dividends test the bear case.

Read More
image for news Ares Capital Slips 10.4% in 6 Months: Should You Still Buy the Stock?
Ares Capital Corporation (ARCC) Is a Trending Stock: Facts to Know Before Betting on It
ARCC
Published: January 23, 2026 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 Ares Capital Corporation (ARCC) Is a Trending Stock: Facts to Know Before Betting on It
3 Brilliant Dividend Stocks to Buy Now and Hold for the Long Term
ARCC, O, PEP
Published: January 16, 2026 by: The Motley Fool
Sentiment: Positive

Realty Income has a 5.5% yield and is a slow and boring tortoise. PepsiCo has a 4% yield and is working on getting its business back into growth mode.

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image for news 3 Brilliant Dividend Stocks to Buy Now and Hold for the Long Term
Ares Capital (ARCC) Is Considered a Good Investment by Brokers: Is That True?
ARCC
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

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?

Read More
image for news Ares Capital (ARCC) Is Considered a Good Investment by Brokers: Is That True?
Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
ARCC
Published: January 12, 2026 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 Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
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.

Read More
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

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.