ARCC Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Ares Capital Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.22 |
| 52 Week High | US$20.17 |
| 52 Week Low | US$16.53 |
| Beta | 1.04 |
| 1 Month Change | -0.10% |
| 3 Month Change | 5.20% |
| 1 Year Change | 9.58% |
| 3 Year Change | 40.29% |
| 5 Year Change | 11.81% |
| Change since IPO | 27.96% |
Recent News & Updates
Recent updates
Better Buy: Ares Capital Or Oaktree Specialty Lending? - Big Yields +10%
Oct 17Ares Capital: A More Aggressive Fed Is Good For Its Earnings
Oct 07Where Prospect Capital Clearly Beats Ares Capital
Sep 28Better Buy: Ares Capital's 9.3% Yield Or FS KKR's 12.6%
Sep 16Why We Own Ares Capital Instead Of Owl Rock Capital
Sep 07Better Buy: Ares Capital's 8.8% Yield Or SLR Investment's 11%
Aug 24More Attractive After Quarterly Results: Ares Capital Or Oaktree Specialty Lending?
Aug 09Ares Capital Is Sliding And I Am Buying This 8% Yielding BDC
Aug 01Ares Capital Non-GAAP EPS of $0.46 beats by $0.02, TII of $479M beats by $12.79M
Jul 26Better 9%+ Yield Buy: Owl Rock Vs. Ares Capital
Jul 15Load Up The Truck With 9.3% Yielding Ares Capital
Jun 28Ares Capital: 10% Yield, Benefits From Rising Rates, Analyst Upgrades, 5% Discount
Jun 17Ares Capital Stock: 2 Reasons A Dividend Cut Could Be Coming
Jun 02Ares Capital Stock: Our Top Pick For The Rising Interest Rate Environment
May 12Ares Capital: Bag This 8% Yield And Call It A Day
Apr 28Ares Capital's NAV, Dividend, And Valuation Versus 15 BDC Peers - Part 2 (Includes Q2 + Q3 2022 Dividend Projection)
Mar 28Ares Capital Stock: 3 Reasons Why Dividend Growth Is Set To Continue
Mar 11Ares Capital Corp: The BDC King Retains Its Crown
Feb 20Ares Capital: Best-Of-Breed BDC's 7.4% Yield Is A Buy
Feb 08Ares Capital Yielding 7.7% Hits It Out Of The Park
Jan 23Ares Capital: Dividend Strategy To Help Prepare For The New Market Realities
Jan 14Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q1 + Q2 2022 Dividend Projection)
Dec 16Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 1 (Post Q3 2021 Earnings)
Dec 08Ares Capital: A Smart, Safe, Growing 8% Yielder You Can Count On
Nov 29Ares Capital: 7.6% Yield, Outperforming The Market
Oct 29Ares Capital: Book Value Premium And Growing Credit Risks Exacerbate Downside Risk
Oct 21Why Buy A CD When I Can Buy Ares Capital?
Oct 15Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q4 2021 Dividend Projection)
Sep 17Ares Capital's NAV, Dividend And Valuation Vs. 14 BDC Peers - Part 1 (Post Q2 2021 Earnings)
Sep 10Ares Capital: 8.2% Yield, Have Your Cake And Eat It Too
Sep 01Ares Capital Scores Big, Again, But ...
Aug 23Ares Capital: A Monster Dividend With Plenty Of Potential
Jul 29Invest In The American Dream With This Blue-Chip BDC: Ares Capital - Yield 8.1%
Jul 06Ares Capital: Despite The Risks, This 8.0% Yield BDC Is Compelling
Jun 14Ares Capital Q1 2021 Earnings Preview
Apr 27Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q1 2021 Dividend Projection)
Jan 10Ares Capital prices $650M debt offering
Jan 07Ares Capital's NAV, Dividend And Valuation Vs. 14 BDC Peers (Post Q3 2020 Earnings - Remains Attractively Valued)
Dec 29Ares Capital: An Excellent Portfolio Income Booster With 9.4% Yield
Dec 14Ares Capital (ARCC) Investor Presentation - Slideshow
Nov 19Shareholder Returns
| ARCC | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.3% | -4.0% | -3.1% |
| 1Y | 9.6% | 11.0% | 15.1% |
Return vs Industry: ARCC underperformed the US Capital Markets industry which returned 11% over the past year.
Return vs Market: ARCC underperformed the US Market which returned 15.1% over the past year.
Price Volatility
| ARCC volatility | |
|---|---|
| ARCC Average Weekly Movement | 1.7% |
| Capital Markets Industry Average Movement | 1.3% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in US Market | 14.2% |
| 10% least volatile stocks in US Market | 2.5% |
Stable Share Price: ARCC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ARCC's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | Robert DeVeer | https://www.arescapitalcorp.com |
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.
Ares Capital Corporation Fundamentals Summary
| ARCC fundamental statistics | |
|---|---|
| Market Cap | US$10.71b |
| Earnings (TTM) | US$887.00m |
| Revenue (TTM) | US$2.43b |
12.1x
P/E Ratio4.4x
P/S RatioIs ARCC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARCC income statement (TTM) | |
|---|---|
| Revenue | US$2.43b |
| Cost of Revenue | US$0 |
| Gross Profit | US$2.43b |
| Other Expenses | US$1.54b |
| Earnings | US$887.00m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.59 |
| Gross Margin | 100.00% |
| Net Profit Margin | 36.52% |
| Debt/Equity Ratio | 110.6% |
How did ARCC perform over the long term?
See historical performance and comparison