|Bid||75.53 x 800|
|Ask||75.62 x 1000|
|Day's range||75.05 - 76.83|
|52-week range||53.15 - 90.08|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||48.29|
|Earnings date||25 Oct 2022 - 31 Oct 2022|
|Forward dividend & yield||2.44 (3.25%)|
|Ex-dividend date||15 Sept 2022|
|1y target est||85.70|
Ares Management (ARES) delivered earnings and revenue surprises of 5.71% and 0.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, July 28, 2022--Ares Management Corporation announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $5.9 billion in U.S. direct lending commitments across 58 transactions during the second quarter of 2022 and approximately $31.8 billion in direct lending commitments across 259 transactions in the last twelve-month period ended June 30, 2022. In addition, Ares also acquired a portfolio of approximately $2.4 billion of middle market loans during t
NEW YORK, July 28, 2022--Ares Management Corporation (NYSE: ARES) today reported its financial results for its second quarter ended June 30, 2022.