NasdaqGS - Delayed Quote • USD
Ares Capital Corporation (ARCC)
At close: April 18 at 4:00 PM EDT
After hours: April 18 at 7:55 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 15 | 15 | 15 | 14 |
| Avg. Estimate | 0.6 | 0.6 | 2.37 | 2.23 |
| Low Estimate | 0.57 | 0.57 | 2.27 | 2.06 |
| High Estimate | 0.62 | 0.64 | 2.54 | 2.43 |
| Year Ago EPS | 0.57 | 0.58 | 2.37 | 2.37 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 10 | 10 | 10 | 9 |
| Avg. Estimate | 700.13M | 705.51M | 2.82B | 2.79B |
| Low Estimate | 685M | 677.45M | 2.71B | 2.61B |
| High Estimate | 716.24M | 740.34M | 2.95B | 3.06B |
| Year Ago Sales | 618M | 622.05M | 2.87B | 2.82B |
| Sales Growth (year/est) | 13.30% | 13.40% | -1.90% | -0.80% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.59 | 0.57 | 0.58 | 0.6 |
| EPS Actual | 0.57 | 0.58 | 0.59 | 0.63 |
| Difference | -0.02 | 0.01 | 0.01 | 0.03 |
| Surprise % | -3.40% | 1.80% | 1.70% | 5.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.6 | 0.6 | 2.37 | 2.23 |
| 7 Days Ago | 0.59 | 0.6 | 2.37 | 2.23 |
| 30 Days Ago | 0.59 | 0.6 | 2.37 | 2.22 |
| 60 Days Ago | 0.59 | 0.6 | 2.37 | 2.22 |
| 90 Days Ago | 0.59 | 0.59 | 2.33 | 2.19 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 1 | 1 | 1 | 1 |
| Up Last 30 Days | 3 | 3 | 3 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ARCC | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 5.30% | -- | -- | 0.80% |
| Next Qtr. | 3.40% | -- | -- | 9.60% |
| Current Year | 0.00% | -- | -- | 4.50% |
| Next Year | -5.90% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -0.90% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 6.30% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Reiterates | JMP Securities: Market Outperform to Market Outperform | 3/26/2024 |
| Maintains | Wells Fargo: Equal-Weight to Equal-Weight | 1/29/2024 |
| Downgrade | B. Riley Securities: Buy to Neutral | 1/8/2024 |
| Maintains | JP Morgan: Overweight to Overweight | 10/25/2023 |
| Maintains | Citigroup: Buy to Buy | 7/26/2023 |
| Maintains | RBC Capital: Outperform to Outperformer | 7/26/2023 |
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