Ares Capital

Ares Capital Corp. is a closed-end, non-diversified management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company was founded on April 1, 2004 and is headquartered in New York, NY.

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Ares Capital reports robust Q2 earnings, poised for growth

Ares Capital's Q2 2024 earnings call highlighted strong financial performance, robust deal flow, and a commitment to shareholder returns through dividends. The company's proactive approach to accessing funding markets and maintaining a strong credit profile positions it well for future opportunities and growth.

Ares Capital reports record earnings and growth amidst market challenges

Ares Capital delivered strong financial performance in Q3 2024, with robust core earnings and record NAV per share. Despite facing potential challenges in market dynamics, the company remains well-positioned for growth and success.

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I've analyzed the performance of various BDCs in 2023 and specifically those with market caps over $100M.

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Why Ares Capital (ARCC) is a Top Momentum Stock for the Long-Term

In this report, we compare 40+ big-yield BDCs, including a special focus on industry stalwart, Ares Capital. After comparing the BDCs on a variety of metrics, we dive into the specifics on Ares, including a discussion of how it's fortifying its financials for a potential macroeconomic storm. We conclude with our strong opinion about investing in BDCs at this point in the market cycle, and our specific views on investing in Ares Capital, in particular.

Ares Capital: 40+ Big-Yield BDCs, Compared

The BDC market has been boosted by constrained access to conventional loans, high interest rates, and minimal corporate defaults. Ares Capital and FS KKR Capital are the largest and most liquid BDCs, making them attractive options for defensive allocation. In this article, I explain which one of these BDCs will likely deliver relative alpha performance in 2024.

The Battle Of Two Goliaths: Ares Capital Vs, FS KKR, Which One Will Win In 2024?

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High interest rates, decent demand for personalized finance, solid asset quality and regulatory changes are likely to keep aiding the Zacks SBIC & Commercial Finance industry players like Ares Capital (ARCC), Golub Capital (GBDC) and BlackRock TCP (TCPC).

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Ares Capital is a business development company offering a huge dividend yield of 9.7% at recent prices. PenantPark Floating Rate Capital makes monthly dividend payments and offers a 10.3% yield at recent prices.

3 Phenomenal High-Yield Dividend Stocks to Buy Hand Over Fist in 2024 and Hold Forever

I missed 1.48% of alpha creation in my last article on Ares Capital when I had downgraded it to a hold. Yet, I still downgrade ARCC to a 'Strong Sell': The chances of a rate reduction by the Federal Reserve are increasing, which could benefit the BDC sector, particularly BDCs with greater cyclical exposure. Ares Capital is not well-positioned to benefit from easing rates due to its defensive orientation and predominantly floating investment yields.

Why Ares Capital Is Likely To Underperform The BDC Sector

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This list of favorites includes a top business development company, two midstream energy providers, and a telecom giant. The yields for these four dividend stocks range from nearly 7.7% to over 9.8%.

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The latest trading day saw Ares Capital (ARCC) settling at $19.76, representing a +0.71% change from its previous close.

Ares Capital (ARCC) Beats Stock Market Upswing: What Investors Need to Know

Ares is a high-yielding stock that has an impressive track record of delivering value to investors. Ares benefits from the high interest rate environment, but could suffer if rates are lowered - although lower rates could see capital moving back into dividend stocks, driving multiple expansions. In this analysis, I look into the sustainability of the dividend going forward.

Ares Capital: Consider This ~10% Yield Whether Rates Remain High Or Come Down In 2024

ARCC currently offers a dividend yield of 9.7% and has a healthy payout ratio of 83%. The fund typically invests between $20 million and $200 million in companies with an EBITDA ranging from $10 million to $250 million. Lower rates could enhance net interest margins, reduce borrowing costs, and stimulate economic activity among portfolio companies.

Ares Capital: Consistent Dividend Income To Help Fund Your Retirement

Ares Capital is offering investors a 9.8% dividend yield. Ares is structured as a business development company.

Ares Capital Is Great. Here's Why You Shouldn't Buy the Stock.

Part 2 of this article compares ARCC's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 14 other BDC peers. This includes a comparative analysis of ARCC's cumulative undistributed taxable income ratio, percentage of floating-rate debt investments, recent weighted average annualized yield, and weighted average interest rate on outstanding borrowings. Ares Capital's dividend sustainability remains one of the highest in the sector. When comparing/analyzing all metrics (including additional metrics not mentioned), ARCC is currently deemed to be slightly undervalued (Buy).

Ares Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 2 (Includes Q1 + Q2 2024 Dividend Projection)

Ares Capital (ARCC) closed at $19.72 in the latest trading session, marking a -0.15% move from the prior day.

Ares Capital (ARCC) Stock Sinks As Market Gains: Here's Why

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Energy infrastructure giant Enbridge offers you a safe and reliable 7.6% dividend yield. Ares Capital provides growth funding to middle-market businesses -- and hefty cash payouts to its investors.

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ARCC stock has a very impressive long-term track record. It used to be my favorite BDC, and I made considerable profits from my investment in it. However, I just sold my shares and in this article I detail why.

Why I Recently Sold Ares Capital Corp Stock

Ares Capital offers a sky-high dividend yield with a consistent track record of dividend payouts. Enterprise Products Partners has increased its distribution for 25 consecutive years.

Investing $123,500 in These 3 High-Yield Dividend Stocks Could Make You $10,000 in Reliable Passive Income in 2024

Ares Capital is a business development company that works with both public and private middle-market clients. At its current price, the stock has a 9.5% yield and trades at a price-to-book multiple lower than its peers.

1 Ultra-High Dividend Yield Stock to Buy Hand Over Fist in 2024

Part 1 of this article compares ARCC's recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 14 BDC peers. Part 1 also performs a comparative analysis between each company's investment portfolio as of 6/30/2023 and 9/30/2023. This includes an updated percentage of investments on non-accrual status. I also provide a list of the other BDC stocks I currently believe are undervalued (a buy recommendation), overvalued (a sell recommendation), and appropriately valued (a hold recommendation).

Ares Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 1 (Includes Recommendations As Of 12/8/2023)

Agree Realty

Agree Realty and Ares Capital are two perfect stocks for investors looking for a balanced dividend portfolio of yield & growth. Although the current macro environment has placed downward pressures on several businesses, both have navigated the rough seas and continue to pay safe dividends. Both stocks' share prices have appreciated over the last month after as investor sentiment seems to be shifting towards potential rate cuts in the near future.

Looking For Yield? Growth? These 2 Stocks Give Your Portfolio A Little Bit Of Both

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts See Ares Capital (ARCC) as a Buy: Should You Invest?

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Ares Capital has delivered market-beating total returns but remains attractively valued. Two midstream energy stocks, Energy Transfer and Enterprise Products Partners, offer high yields and trade at a discount.

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News for Ares Capital ETF (ARCC)