Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ares Management Corp before investing.

In this article, we go over a few key elements for understanding Ares Management Corp’s stock price such as:

• Ares Management Corp’s current stock price and volume
• Why Ares Management Corp’s stock price changed recently
• Upgrades and downgrades for ARES from analysts
• ARES’s stock price momentum as measured by its relative strength

About Ares Management Corp (ARES)

Before we jump into Ares Management Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Ares Management Corporation is an alternative investment manager. The Company offers its investors a range of investment strategies. The Company segments include Credit Group, Private Equity Group, Real Assets Group, Secondaries Group and Other. The Company’s Credit Group segment manages credit strategies across the liquid and illiquid spectrum, including syndicated loans, high-yield bonds, multi-asset credit, alternative credit investments and direct lending. The Private Equity Group segment categorizes its investment strategies as corporate private equity and special opportunities. Its Real Assets Group segment manages equity and debt strategies across real estate and infrastructure investments. Its Secondaries Group segment invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate and infrastructure. The Company’s specialty finance loan portfolio includes consumer loans, small business loans and auto loans, among others.

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Ares Management Corp’s Stock Price as of Market Close

As of November 15, 2023, 4:00 PM, CST, Ares Management Corp’s stock price was $103.79.

Ares Management Corp is down 5.49% from its previous closing price of $109.82.

During the last market session, Ares Management Corp’s stock traded between $108.28 and $110.73. Currently, there are 186.22 million shares of Ares Management Corp stock available for purchase.

Ares Management Corp’s price-earnings (P/E) ratio is currently at 50.8, which is high compared to the Investment Management & Fund Operators industry median of 13.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ares Management Corp Stock Price History

Ares Management Corp’s (ARES) price is currently up 5.27% so far this month.

During the month of November, Ares Management Corp’s stock price has reached a high of $110.73 and a low of $97.97.

Over the last year, Ares Management Corp has hit prices as high as $112.15 and as low as $66.04. Year to date, Ares Management Corp’s stock is up 27.71%.

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What Caused Ares Management Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 14, 2023, there were 14 analysts who downgraded Ares Management Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ares Management Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ares Management Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ares Management Corp’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ares Management Corp (ARES) by visiting AAII Stock Evaluator.

Relative Price Strength of Ares Management Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 14, 2023, Ares Management Corp has a weighted four-quarter relative price strength of 6.02%, which translates to a Momentum Score of 86 and is considered to be Very Strong.

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Ares Management Corp Stock Price: Bottom Line

As of November 15, 2023, Ares Management Corp’s stock price is $103.79, which is down 5.49% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ares Management Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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