Ares Capital Corp ARCC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Ares Capital Corporation Schedules Earnings Release for the Third Quarter Ended September 30, 2024
-
Ares Capital Corporation Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.48 Per Share
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Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
Trading Information
- Previous Close Price
- $20.88
- Day Range
- $20.91–21.06
- 52-Week Range
- $18.55–21.84
- Bid/Ask
- $21.01 / $21.05
- Market Cap
- $13.27 Bil
- Volume/Avg
- 2.4 Mil / 3.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 8.77
- Price/Sales
- 3.92
- Dividend Yield (Trailing)
- 9.12%
- Dividend Yield (Forward)
- 9.12%
- Total Yield
- 9.12%
Company Profile
Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Mid Value
- Total Number of Employees
- 0
- Website
- https://www.arescapitalcorp.com
Comparables
Valuation
|
Metric
|
ARCC
|
CION
|
BXSL
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.77 | 5.50 | 7.80 |
Price/Book Value | 1.07 | 0.74 | 1.10 |
Price/Sales | 3.92 | 2.27 | 4.35 |
Price/Cash Flow | — | 34.85 | — |
Price/Earnings
ARCC
CION
BXSL
Financial Strength
|
Metric
|
ARCC
|
CION
|
BXSL
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
ARCC
|
CION
|
BXSL
|
|---|---|---|---|
Return on Assets (Normalized) | 7.11% | 6.59% | 6.81% |
Return on Equity (Normalized) | 14.99% | 14.80% | 14.48% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
ARCC
CION
BXSL
Asset Management Industry Comparables
|
1-Day Chart
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United States