ARCC
Ares Capital Corporation NASDAQ Listed Oct 5, 2004$18.03
After hrs
$18.11
+0.44%
Mkt Cap $12.9B
52w Low $17.40
10.5% of range
52w High $23.42
50d MA $18.81
200d MA $19.68
P/E (TTM)
9.7x
EV/EBITDA
12.7x
P/B
0.9x
Debt/Equity
1.1x
ROE
8.2%
P/FCF
11.0x
RSI (14)
31.10
ATR (14)
$0.29
Beta
0.63
50d MA
$18.81
200d MA
$19.68
Avg Volume
5.1M
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.
CIK (SEC)
Phone
310 201 4100
2000 Avenue of the Stars · Los Angeles, CA 90067 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 28, 2026 | BMO | 0.48 | 0.47 | -2.1% | 18.61 | -0.3% | +1.7% | -1.3% | +2.6% | +0.5% | -0.4% | — |
| Feb 4, 2026 | BMO | 0.50 | 0.50 | +0.0% | 19.13 | +1.9% | +2.2% | -3.9% | +2.8% | +0.9% | +2.5% | — |
| Oct 28, 2025 | BMO | 0.50 | 0.50 | -0.6% | 20.32 | +0.9% | +1.2% | +0.2% | -2.2% | +1.0% | +0.3% | — |
| Jul 29, 2025 | BMO | 0.51 | 0.50 | -1.2% | 22.70 | -0.1% | -0.7% | +0.4% | +0.0% | -1.1% | +0.0% | — |
| Apr 29, 2025 | BMO | 0.53 | 0.50 | -5.7% | 21.25 | -1.6% | -2.7% | -0.0% | -1.5% | +2.3% | -1.3% | — |
| Mar 24, 2025 | BMO | — | 0.55 | — | 21.76 | +0.8% | +1.3% | +1.2% | -0.4% | +0.6% | -1.1% | — |
| Oct 30, 2024 | BMO | 0.60 | 0.58 | -3.3% | 21.57 | +0.3% | -1.1% | -0.9% | -0.7% | -0.6% | +0.6% | — |
| Jul 30, 2024 | BMO | 0.58 | 0.61 | +5.2% | 20.89 | +0.5% | +1.9% | -1.6% | -0.5% | -2.6% | -2.4% | — |
| May 1, 2024 | BMO | 0.60 | 0.59 | -1.7% | 20.61 | -0.3% | +1.2% | -1.5% | +0.3% | +1.4% | -0.4% | — |
| Mar 6, 2024 | BMO | 0.60 | 0.63 | +5.0% | 20.23 | +0.4% | +0.8% | +0.3% | +0.2% | +0.1% | +0.9% | — |
| Oct 24, 2023 | BMO | 0.58 | 0.59 | +1.7% | 18.81 | +1.5% | +1.0% | -0.5% | -0.1% | -1.2% | +1.8% | — |
| Jul 25, 2023 | BMO | 0.57 | 0.58 | +1.8% | 19.62 | +0.4% | -1.1% | +2.1% | -0.3% | -1.0% | +0.3% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 12 | Wells Fargo | Downgrade | Overweight → Equal Weight | $19 | $19.07 | $19.08 | +0.1% | +1.0% | -3.3% | +0.0% | -2.8% | — |
| Apr 29 | Truist | Maintains | Buy → Buy | — | $18.92 | $18.86 | -0.3% | -1.3% | +2.6% | +0.5% | -0.4% | +0.9% |
| Apr 29 | RBC Capital | Maintains | Outperform → Outperform | — | $18.92 | $18.86 | -0.3% | -1.3% | +2.6% | +0.5% | -0.4% | +0.9% |
| Apr 22 | Citizens | Maintains | Market Outperform → Market Outperform | — | $18.96 | $19.06 | +0.5% | +0.7% | -2.5% | +0.3% | -0.3% | +1.7% |
| Apr 16 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $18.97 | $19.00 | +0.2% | -1.0% | +1.7% | +0.2% | -0.8% | +0.7% |
| Mar 13 | UBS | Maintains | Neutral → Neutral | — | $18.07 | $17.68 | -2.2% | -1.2% | +0.4% | +2.8% | -0.9% | -0.5% |
| Mar 13 | JP Morgan | Maintains | Overweight → Overweight | — | $18.07 | $17.68 | -2.2% | -1.2% | +0.4% | +2.8% | -0.9% | -0.5% |
| Feb 9 | RBC Capital | Maintains | Outperform → Outperform | — | $19.31 | $19.32 | +0.1% | +0.9% | +2.5% | -0.3% | -2.2% | -0.5% |
| Feb 5 | Wells Fargo | Maintains | Overweight → Overweight | — | $19.56 | $19.44 | -0.6% | -3.9% | +2.8% | +0.9% | +2.5% | -0.3% |
| Oct 29 | Wells Fargo | Maintains | Overweight → Overweight | — | $20.57 | $20.50 | -0.3% | +0.2% | -2.2% | +1.0% | +0.3% | -0.7% |
| Oct 29 | RBC Capital | Maintains | Outperform → Outperform | — | $20.57 | $20.50 | -0.3% | +0.2% | -2.2% | +1.0% | +0.3% | -0.7% |
| Oct 29 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $20.57 | $20.50 | -0.3% | +0.2% | -2.2% | +1.0% | +0.3% | -0.7% |
| Oct 14 | UBS | Maintains | Neutral → Neutral | — | $19.49 | $19.29 | -1.0% | +2.3% | +0.6% | -2.6% | -0.1% | +0.5% |
| Oct 1 | JP Morgan | Maintains | Overweight → Overweight | — | $20.41 | $20.33 | -0.4% | -1.4% | +1.3% | -1.2% | -0.1% | -1.3% |
| Jul 31 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $22.63 | $22.66 | +0.1% | +0.0% | -1.1% | +0.0% | +0.4% | -0.1% |
| Jul 30 | B. Riley Securities | Upgrade | Neutral → Buy | — | $22.54 | $22.64 | +0.4% | +0.4% | +0.0% | -1.1% | +0.0% | +0.4% |
| Jul 30 | Wells Fargo | Maintains | Overweight → Overweight | — | $22.54 | $22.64 | +0.4% | +0.4% | +0.0% | -1.1% | +0.0% | +0.4% |
| Jul 30 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $22.54 | $22.64 | +0.4% | +0.4% | +0.0% | -1.1% | +0.0% | +0.4% |
| Jul 16 | UBS | Maintains | Neutral → Neutral | — | $22.75 | $22.75 | +0.0% | +1.4% | +0.8% | -0.2% | -1.7% | +0.6% |
| Jun 27 | Wells Fargo | Maintains | Overweight → Overweight | — | $21.75 | $21.83 | +0.4% | +0.9% | +0.0% | +0.4% | +1.0% | +0.7% |
| May 6 | RBC Capital | Maintains | Outperform → Outperform | — | $20.53 | $20.58 | +0.2% | +0.7% | +0.5% | +1.0% | +0.3% | +2.5% |
| Apr 30 | Wells Fargo | Maintains | Overweight → Overweight | — | $20.67 | $20.48 | -0.9% | -0.0% | -1.5% | +2.3% | -1.3% | +0.7% |
| Apr 28 | Wells Fargo | Maintains | Overweight → Overweight | — | $21.11 | $21.09 | -0.1% | +0.7% | -2.7% | -0.0% | -1.5% | +2.3% |
| Apr 24 | JP Morgan | Maintains | Overweight → Overweight | — | $20.75 | $20.71 | -0.2% | +1.7% | +0.0% | +0.7% | -2.7% | -0.0% |
| Apr 17 | UBS | Maintains | Neutral → Neutral | — | $20.09 | $20.15 | +0.3% | +1.5% | -2.5% | +2.5% | +1.7% | +1.7% |
| Apr 8 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $19.31 | $20.00 | +3.6% | -2.1% | +10.3% | -4.9% | +0.4% | +0.6% |
| Feb 7 | RBC Capital | Maintains | Outperform → Outperform | — | $22.73 | $22.73 | +0.0% | +0.0% | +0.6% | -0.7% | +0.9% | +0.7% |
| Feb 7 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $22.73 | $22.73 | +0.0% | +0.0% | +0.6% | -0.7% | +0.9% | +0.7% |
| Feb 6 | Wells Fargo | Maintains | Overweight → Overweight | — | $23.10 | $23.08 | -0.1% | -1.6% | +0.0% | +0.6% | -0.7% | +0.9% |
| Feb 6 | Raymond James | Downgrade | Outperform → Market Perform | — | $23.10 | $23.08 | -0.1% | -1.6% | +0.0% | +0.6% | -0.7% | +0.9% |
| Feb 3 | JP Morgan | Maintains | Overweight → Overweight | — | $23.67 | $23.25 | -1.8% | +0.5% | +0.0% | -3.0% | -1.6% | +0.0% |
| Jan 29 | Wells Fargo | Maintains | Overweight → Overweight | — | $23.54 | $23.47 | -0.3% | -1.5% | +1.0% | +1.1% | +0.5% | +0.0% |
| Dec 2 | Wells Fargo | Upgrade | Equal Weight → Overweight | — | $22.15 | $22.30 | +0.7% | -0.2% | +0.4% | -0.4% | +0.3% | +0.2% |
| Oct 31 | B. Riley Securities | Maintains | Neutral → Neutral | — | $21.34 | $21.26 | -0.4% | -0.9% | -0.7% | -0.6% | +0.6% | +1.9% |
| Aug 5 | RBC Capital | Maintains | Outperform → Outperform | — | $20.29 | $19.53 | -3.7% | -2.4% | +2.8% | -0.2% | +0.6% | +0.3% |
| Jul 30 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $20.89 | $21.00 | +0.5% | +1.9% | -1.6% | -0.5% | -2.6% | -2.4% |
| May 23 | RBC Capital | Maintains | Outperform → Outperform | — | $21.37 | $21.34 | -0.1% | -0.8% | +0.7% | -0.0% | -0.4% | +0.8% |
| May 2 | Oppenheimer | Maintains | Outperform → Outperform | — | $20.85 | $21.00 | +0.7% | -1.5% | +0.3% | +1.4% | -0.4% | -0.1% |
| May 2 | Truist | Maintains | Buy → Buy | — | $20.85 | $21.00 | +0.7% | -1.5% | +0.3% | +1.4% | -0.4% | -0.1% |
| May 2 | JP Morgan | Maintains | Overweight → Overweight | — | $20.85 | $21.00 | +0.7% | -1.5% | +0.3% | +1.4% | -0.4% | -0.1% |
| Mar 26 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $20.12 | $20.13 | +0.0% | +0.6% | +1.2% | +1.7% | -2.1% | +0.7% |
| Jan 29 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $20.56 | $20.60 | +0.2% | -0.2% | +0.4% | -1.8% | -0.7% | +0.4% |
| Jan 8 | B. Riley Securities | Downgrade | Buy → Neutral | — | $20.41 | $20.33 | -0.4% | -0.1% | -0.4% | +0.5% | -0.5% | +0.5% |
| Oct 25 | JP Morgan | Maintains | Overweight → Overweight | — | $18.99 | $19.00 | +0.1% | -0.5% | -0.1% | -1.2% | +1.8% | -0.2% |
| Jul 26 | Citigroup | Maintains | Buy → Buy | — | $19.41 | $19.53 | +0.6% | +2.1% | -0.3% | -1.0% | +0.3% | -0.4% |
| Jul 26 | RBC Capital | Maintains | Outperform → Outperform | — | $19.41 | $19.53 | +0.6% | +2.1% | -0.3% | -1.0% | +0.3% | -0.4% |
| Jul 26 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $19.41 | $19.53 | +0.6% | +2.1% | -0.3% | -1.0% | +0.3% | -0.4% |
| Jul 26 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $19.41 | $19.53 | +0.6% | +2.1% | -0.3% | -1.0% | +0.3% | -0.4% |
| Apr 28 | Citigroup | Maintains | Buy → Buy | — | $18.32 | $18.28 | -0.2% | +0.9% | -1.2% | -1.2% | +0.3% | -2.4% |
| Apr 27 | JMP Securities | Maintains | Outperform → Outperform | — | $17.81 | $17.89 | +0.4% | +2.9% | +0.9% | -1.2% | -1.2% | +0.3% |
No insider trades available.
8-K · 1.01
!! High
Ares Capital Corporation -- 8-K 1.01: Material Agreement
Ares Capital Corporation established a commercial paper program enabling it to issue short-term unsecured notes, providing flexible short-term funding access for operational and investment needs.
Jun 8
8-K · 1.01
! Medium
Ares Capital Corporation -- 8-K 1.01: Financing / Debt Agreement
Ares Capital Corporation amended and restated its senior secured credit facility with JPMorgan Chase Bank, enhancing its borrowing flexibility and potentially improving financing terms for the BDC.
May 26
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Ares Secured Lending Fund has substantial borrowing capacity ($4.9B) to fund new investments, supporting continued dividend payments and growth potential for this BDC's shareholders.
Mar 23
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Ares Capital will distribute March 2026 dividends with reinvestment options available, maintaining income returns for shareholders while allowing capital compounding through DRIP participation.
Mar 23
8-K · 1.01
!! High
Ares Capital Corporation -- 8-K 1.01: Material Agreement
Ares Capital Corporation amended its SMBC funding facility on February 25, 2026, with materially unchanged core terms, maintaining its existing debt financing structure.
Feb 27
8-K · 8.01
!! High
Ares Capital Corporation -- 8-K 8.01: Material Event / Announcement
Ares Capital Corporation declared a $0.48 quarterly dividend payable March 31, 2026, maintaining its consistent distribution to shareholders.
Feb 4
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 35,117,162 | $710M | Added | Dec 2025 |
| 2 | Ubs Group Ag | 14,316,545 | $258M | Added | Mar 2026 |
| 3 | Bank Of America Corp /de/ | 9,135,454 | $165M | Added | Mar 2026 |
| 4 | Jpmorgan Chase & Co | 7,694,550 | $137M | Reduced | Mar 2026 |
| 5 | Two Sigma Investments, Lp | 7,306,344 | $132M | Added | Mar 2026 |
| 6 | Wells Fargo & Company/mn | 4,486,606 | $81M | New | Mar 2026 |
| 7 | Advisors Capital Management, Llc | 3,566,790 | $72M | Added | Dec 2025 |
| 8 | Raymond James Financial Inc | 3,448,614 | $62M | Added | Mar 2026 |
| 9 | Confluence Investment Management Llc | 3,435,289 | $62M | New | Mar 2026 |
| 10 | Citadel Advisors Llc | 2,917,662 | $53M | Reduced | Mar 2026 |
| 11 | Hightower Advisors, Llc | 2,447,058 | $50M | Reduced | Dec 2025 |
| 12 | Royal Bank Of Canada | 2,669,192 | $48M | Reduced | Mar 2026 |
| 13 | Ares Management Llc | 2,245,810 | $45M | Added | Dec 2025 |
| 14 | Rockefeller Capital Management L.p. | 2,290,796 | $41M | Added | Mar 2026 |
| 15 | Muzinich & Co., Inc. | 2,220,399 | $40M | Added | Mar 2026 |
| 16 | D.e. Shaw & Co | 1,987,725 | $36M | Added | Mar 2026 |
| 17 | Capital Advisors Inc/ok | 1,568,369 | $32M | Added | Dec 2025 |
| 18 | Franklin Resources Inc | 1,710,333 | $31M | Added | Mar 2026 |
| 19 | Jupiter Asset Management Ltd | 1,732,516 | $30M | New | Mar 2026 |
| 20 | Altshuler Shaham Ltd | 1,650,000 | $30M | New | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$12.95B
Enterprise Value
$27.72B
P/E (TTM)
9.73x
Forward P/E
9.41x
PEG Ratio
-0.46x
P/B
0.88x
P/S
4.01x
P/FCF
11.04x
EV/EBITDA
12.65x
Shares Out
699.0M
Financials (TTM)
Revenue
$3.15B
Net Income
$1.30B
EBITDA
$2.19B
Free Cash Flow
$1.14B
Op Cash Flow
$1.14B
EPS Basic
$1.86
EPS Diluted
$1.86
EPS Forward
$1.92
Gross Margin
75.7%
Op Margin
69.7%
Net Margin
41.3%
Balance Sheet
Total Assets
$31.23B
Total Liab.
$16.92B
Total Equity
$14.32B
Cash
$924.0M
LT Debt
$15.99B
Book Value/Sh
$20.48
Debt/Equity
1.12x
Current Ratio
1.71
Quick Ratio
1.71
Returns & Growth
ROE
8.2%
ROA
3.8%
ROIC
6.7%
Rev Growth YoY
+32.9%
EPS Growth YoY
-23.8%
Price Returns
2W
+0.3%
1M
-0.9%
3M
+2.0%
6M
-7.9%
12M
-13.9%
Technicals
52W High
$23.42
52W Low
$17.40
50d MA
$18.81
200d MA
$19.68
RSI (14)
31.10
ATR (14)
$0.29
Beta
0.63
Avg Volume
5.1M
Dividends
Div Rate
$0.38
Div Yield
2.0%
Frequency
4
Ex-Div Date
Mar 13, 2026
Analyst Price Targets
Consensus
$21.88
High
$24.00
Low
$20.00
Median
$21.50
Data updated apr 24, 2026 6:45pm
· Source: financialmodelingprep.com