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ARCC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
18.825
Open
18.650
VWAP
18.58
Vol
4.54M
Mkt Cap
13.26B
Low
18.460
Amount
84.42M
EV/EBITDA(TTM)
21.94
Total Shares
718.02M
EV
28.67B
EV/OCF(TTM)
--
P/S(TTM)
4.54
Ares Capital Corporation is a specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. The Company invests primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position), and second lien senior secured loans. In addition to senior secured loans, it also invests in subordinated debt, which in some cases includes an equity component, and preferred equity. It also may invest up to 30% of its portfolio in non-qualifying assets. Its investment activities are focused on industries, such as software and services, health care services, commercial and professional services, financial services, commercial and professional services, insurance services, energy, food and beverage and others. The Company is externally managed by Ares Capital Management LLC (investment adviser).
Show More

Events Timeline

(ET)
2026-06-25
08:30:00
Ares Strategic Income Fund Plans to Repurchase 34.7% of Shares
select
link
2026-06-16 (ET)
2026-06-16
09:00:00
Ares Capital Borrow Rate Increases to 30.09%
select
2026-06-11 (ET)
2026-06-11
09:00:00
Starfighters Space Borrow Rate Increases to 249.83%
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2026-04-28 (ET)
2026-04-28
17:50:00
Ares Capital Signs $1.5B Equity Distribution Agreements with Multiple Securities Firms
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2026-04-28
07:20:00
Ares Capital Reports Q1 Revenue of $763M
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News

PRnewswire
9.5
07-02PRnewswire
Ares Capital to Report Q2 2026 Earnings on July 29
  • Earnings Announcement: Ares Capital Corporation will report its second-quarter earnings for the period ending June 30, 2026, on July 29, 2026, before the Nasdaq opens, providing crucial insights into its financial performance for investors.
  • Conference Call Invitation: The company invites all interested parties to join a webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss the financial results, enhancing transparency and fostering investor relations.
  • Replay Availability: An archived replay of the call will be accessible approximately one hour after its conclusion, available until August 29, 2026, via phone and webcast, ensuring that those unable to attend live can still access key information.
  • Company Overview: Founded in 2004, Ares Capital focuses on providing direct loans and investments to private middle-market companies in the U.S., and as the largest publicly traded BDC, aims to drive economic growth and job creation through high-quality borrowers.
Newsfilter
9.5
07-02Newsfilter
Ares Capital to Report Q2 2026 Earnings on July 29
  • Earnings Announcement: Ares Capital Corporation has announced it will report its second-quarter earnings for the period ending June 30, 2026, on July 29, 2026, prior to the Nasdaq opening, providing crucial financial insights for investors.
  • Webcast Invitation: The company invites all interested parties to join a webcast at 12:00 p.m. (Eastern Time) on the same day to discuss the financial results, enhancing engagement with its investor base.
  • Conference Call Access: Domestic callers can join the conference call toll-free at +1 (800) 245-3047, while international participants can dial +1 (203) 518-9765, ensuring timely access to financial information for all investors.
  • Replay Availability: An archived replay of the call will be available approximately one hour after the event until August 29, 2026, allowing those who could not attend live to access important updates.
Fool
9.5
06-30Fool
Ares Capital Faces Challenges and Opportunities Amid High Dividend Yield
  • Attractive Dividend Yield: Ares Capital boasts a substantial 10.5% dividend yield, yet investors must carefully assess the factors supporting this yield, particularly given the company's history of dividend cuts.
  • Market Dynamics: Unlike non-public credit funds, Ares Capital, as a publicly traded company, benefits from permanent capital, allowing it to avoid forced asset sales due to client redemptions, thereby mitigating market volatility risks.
  • Stable Loan Performance: As of Q1 2026, Ares Capital's non-accrual loan rate stood at 2.1%, up from 1.8%, which, while concerning directionally, remains within a reasonable range; core earnings of $0.47 per share nearly cover the $0.48 dividend per share.
  • Interest Rate Risks: While floating-rate loans will benefit Ares Capital as interest rates rise, higher rates may complicate client repayments, prompting investors to closely monitor the non-accrual loan rate to avoid potential dividend cuts.
NASDAQ.COM
7.5
06-30NASDAQ.COM
Ares Capital Faces Challenges in Credit Markets
  • Attractive Dividend Yield: Ares Capital currently boasts a substantial 10.5% dividend yield, yet investors must carefully assess the factors supporting this yield, especially given the company's history of dividend cuts.
  • Loan Quality Concerns: As of Q1 2026, Ares Capital's non-accrual loan rate stood at 2.1%, up from 1.8%, indicating rising concerns about loan quality, although the absolute level remains reasonable.
  • Interest Rate Impact: With interest rates likely to remain steady or increase, Ares Capital's floating-rate loans could generate more income; however, higher rates may also strain clients' repayment abilities, potentially jeopardizing dividend sustainability.
  • Market Dynamics Monitoring: Despite facing redemption pressures in private credit funds, Ares Capital's portfolio is performing reasonably well, yet investor confidence may be shaken by concerns over loan quality, necessitating close monitoring of market developments.
NASDAQ.COM
8.5
06-28NASDAQ.COM
Blackstone Limits Redemptions in Private Credit Fund
  • Redemption Limitation: Blackstone has capped redemptions from its flagship private credit fund at 5% in response to 10% redemption requests, a move aimed at stabilizing the private credit market and preventing asset devaluation due to a rush of withdrawals.
  • Increasing Market Concerns: Heightened worries about small companies' ability to repay loans amid rising interest rates and potential recession risks have led multiple asset managers, including Blue Owl Capital and Partners Group, to implement similar redemption restrictions.
  • Rising Non-Accrual Loans: Ares Capital reported an increase in non-accrual loans from 1.8% to 2.1% in Q1 2026, which, while still manageable, raises concerns about credit quality, particularly in the riskier private credit sector.
  • Risk Management Strategy: Blackstone's COO emphasized that redemption caps are a feature of these products, allowing for effective asset management to mitigate market instability, although such measures may inadvertently heighten investor anxiety.
Fool
8.5
06-28Fool
Private Credit Market Faces Redemption Pressure
  • Redemption Limitation Phenomenon: Blackstone has capped redemptions from its flagship private credit fund at 5% in response to redemption requests as high as 10%, a trend also seen in Blue Owl Capital and Partners Group, indicating market concerns over small companies' repayment capabilities.
  • Rising Interest Rate Risk: As interest rates rise, loan costs will increase, and if a recession occurs as feared by Wall Street, small companies are likely to face heightened repayment pressures, potentially elevating overall risks in the private credit market.
  • Increase in Non-Accrual Loans: Ares Capital's Q1 2026 earnings report shows its non-accrual loans rose from 1.8% to 2.1%, which, while still manageable, raises concerns about credit quality, particularly in the riskier private credit sector.
  • Double-Edged Sword of Redemption Limits: Blackstone's COO noted that redemption limits are a feature of these products, allowing private credit funds to manage asset sales to meet investor cash needs, although such limits may exacerbate investor panic, potentially leading to further market deterioration.
Wall Street analysts forecast ARCC stock price to rise
4 Analyst Rating
Wall Street analysts forecast ARCC stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
20.00
Averages
21.75
High
23.00
Current: 0.000
sliders
Low
20.00
Averages
21.75
High
23.00
JPMorgan
Richard Shane
Overweight
maintain
$19
AI Analysis
2026-07-02
Reason
JPMorgan
Richard Shane
Price Target
$19
AI Analysis
2026-07-02
maintain
Overweight
Reason
JPMorgan analyst Richard Shane lowered the firm's price target on Ares Capital to $18.50 from $19 and keeps an Overweight rating on the shares. The firm adjusted targets in the business development company group as part of a Q2 earnings preview. JPMorgan remains cautious on the space citing credit headwinds, net asset value marks, and dividend coverage. "While we expect a steadier tone, we would not characterize the backdrop as an all-clear," the analyst tells investors in a research note.
Wells Fargo
Finian O'Shea
Overweight
to
Equal Weight
downgrade
$20 -> $19
2026-06-12
Reason
Wells Fargo
Finian O'Shea
Price Target
$20 -> $19
2026-06-12
downgrade
Overweight
to
Equal Weight
Reason
Wells Fargo analyst Finian O'Shea downgraded Ares Capital to Equal Weight from Overweight with a price target of $19, down from $20. The firm downgraded three business development company stocks, seeing less upside potential due to "richer valuations and the difficulty to deliver for those in today's environment." Wells sees risk of continued non-accruals and restructurings weighing on net operating income and dividend coverage into next year.
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Valuation Metrics

The current forward P/E ratio for Ares Capital Corp (ARCC.O) is 9.51, compared to its 5-year average forward P/E of 9.36. For a more detailed relative valuation and DCF analysis to assess Ares Capital Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.36
Current PE
9.51
Overvalued PE
10.36
Undervalued PE
8.36

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
3.24
Current EV/EBITDA
10.88
Overvalued EV/EBITDA
15.04
Undervalued EV/EBITDA
-8.56

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.56
Current PS
4.16
Overvalued PS
5.07
Undervalued PS
4.04

Financials

AI Analysis
Annual
Quarterly

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Whales Holding ARCC

A
Ares Management LLC
Holding
ARCC
+15.30%
3M Return
A
Allen Investment Management, LLC
Holding
ARCC
+11.98%
3M Return
M
Mutual Advisors, LLC
Holding
ARCC
+11.86%
3M Return
A
Advisors Capital Management, LLC
Holding
ARCC
+11.06%
3M Return
A
Altshuler Shaham Ltd.
Holding
ARCC
+8.76%
3M Return
E
Evercore Wealth Management, LLC
Holding
ARCC
+8.31%
3M Return

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Frequently Asked Questions

What is Ares Capital Corp (ARCC) stock price today?

The current price of ARCC is 18.47 USD — it has decreased -0.48

What is Ares Capital Corp (ARCC)'s business?

Ares Capital Corporation is a specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. The Company invests primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position), and second lien senior secured loans. In addition to senior secured loans, it also invests in subordinated debt, which in some cases includes an equity component, and preferred equity. It also may invest up to 30% of its portfolio in non-qualifying assets. Its investment activities are focused on industries, such as software and services, health care services, commercial and professional services, financial services, commercial and professional services, insurance services, energy, food and beverage and others. The Company is externally managed by Ares Capital Management LLC (investment adviser).

What is the price predicton of ARCC Stock?

Wall Street analysts forecast ARCC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARCC is21.75 USD with a low forecast of 20.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ares Capital Corp (ARCC)'s revenue for the last quarter?

Ares Capital Corp revenue for the last quarter amounts to 457.00M USD, decreased -24.84

What is Ares Capital Corp (ARCC)'s earnings per share (EPS) for the last quarter?

Ares Capital Corp. EPS for the last quarter amounts to 0.13 USD, decreased -63.89

How many employees does Ares Capital Corp (ARCC). have?

Ares Capital Corp (ARCC) has 4250 emplpoyees as of July 08 2026.

What is Ares Capital Corp (ARCC) market cap?

Today ARCC has the market capitalization of 13.26B USD.