ARCC

Ares Capital Corp

19.19

Oct 30 • 7:25 AM ET +0.07 (0.37%)

Financial Asset Management USA Large NASD

Oct 29, 1:01 PMUBS Buy upgrade lifts Ares Capital 2.2% on valuation and earnings outlook

Peers: BXSL OBDC FSK GBDC MAIN TSLX MSDL HTGC NMFC OCSL

| Held by: BIZD PBDC PSP FBDC HYIN PEX FXED LBO MSSM VPC

Scroll to Statements

Index	-
Market Cap	13.86B
Enterprise Value	28.04B
Income	875.00M
Sales	2.98B
Book/sh	19.32
Cash/sh	1.30
Dividend Est.	1.92 (10.01%)
Dividend TTM	1.92 (10.01%)
Dividend Ex-Date	Dec 15, 2026
Dividend Gr. 3/5Y	0.88% 3.71%
Payout	103.31%
Employees	4250
IPO	Oct 05, 2004

P/E	15.75
Forward P/E	9.88
PEG	-
P/S	4.65
P/B	0.99
P/C	14.71
P/FCF	15.77
EV/EBITDA	15.42
EV/Sales	9.41
Quick Ratio	1.00
Current Ratio	1.00
Debt/Eq	1.08
LT Debt/Eq	1.08
Option/Short	Yes / Yes

EPS (ttm)	1.22
EPS next Y	1.94
EPS next Q	0.48
EPS this Y	-5.97%
EPS next Y	2.78%
EPS next 5Y	-0.36%
EPS past 3/5Y	15.98% 10.24%
Sales past 3/5Y	12.96% 18.46%
EPS Y/Y TTM	-38.79%
Sales Y/Y TTM	-8.14%
EPS Q/Q	-22.24%
Sales Q/Q	-30.19%
Earnings	Oct 27 BMO
EPS/Sales Surpr.	-3.40% -1.72%

Insider Own	0.59%
Insider Trans	0.06%
Inst Own	34.44%
Inst Trans	-
ROA	2.85%
ROE	6.19%
ROIC	3.01%
Gross Margin	76.57%
Oper. Margin	61.03%
Profit Margin	29.37%
SMA20	2.80%
SMA50	-0.19%
SMA200	0.89%
Trades

Shs Outstand	722.00M
Shs Float	717.92M
Short Float	5.59%
Short Ratio	8.98
Short Interest	40.13M
52W High	21.14 -9.22%
52W Low	17.40 10.29%
Volatility	1.63% 1.79%
ATR (14)	0.34
RSI (14)	57.45
Beta	0.65
Rel Volume	0.05
Avg Volume	4.47M
Volume	10,554

Perf Week	2.95%
Perf Month	0.16%
Perf Quarter	0.10%
Perf Half Y	-0.31%
Perf YTD	-5.14%
Perf Year	-4.76%
Perf 3Y	1.05%
Perf 5Y	-9.93%
Perf 10Y	25.29%
Recom	1.15
Target Price	21.00
Prev Close	19.12
Price	19.19
Change %	0.37%

Consensus

Strong Buy

Avg. Price Target

$21.00

Implied Upside

+9.4%

Analysts11incl. previous ratings

Rating Distribution8 Buy · 3 Hold · 0 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Oct 29, 2026	Upgrade	UUBS	Neutral → Buy	$21	+9.4%
Jun 12, 2026	Downgrade	WWells Fargo	Overweight → Equal Weight	$19	-1.0%
Jul 30, 2025	Upgrade	RB. Riley Securities	Neutral → Buy	$23.50	+22.5%
Feb 06, 2025	Downgrade	RRaymond James	Outperform → Mkt Perform
Dec 12, 2024	Upgrade	WWells Fargo	Equal Weight → Overweight
Dec 02, 2024	Upgrade	WWells Fargo	Equal Weight → Overweight	$23	+19.9%
Jan 08, 2024	Downgrade	RB. Riley Securities	Buy → Neutral	$21	+9.4%
Jun 16, 2023	Initiated	RB. Riley Securities	Buy	$20.50	+6.8%
Apr 18, 2023	Downgrade	WWells Fargo	Overweight → Equal Weight	$20 → $18	-6.2%
Apr 28, 2022	Upgrade	HHovde Group	Market Perform → Outperform
Apr 27, 2022	Upgrade	JJP Morgan	Neutral → Overweight	$22	+14.6%
Mar 07, 2022	Initiated	HHovde Group	Market Perform	$22.50	+17.2%
Dec 03, 2021	Initiated	JJanney	Buy	$22	+14.6%
Dec 10, 2020	Downgrade	JJP Morgan	Overweight → Neutral
Dec 10, 2020	Downgrade	BBarclays	Overweight → Equal Weight	$16 → $17	-11.4%
Oct 27, 2020	Upgrade	JJanney	Neutral → Buy
Apr 16, 2020	Upgrade	RRaymond James	Mkt Perform → Outperform	$14	-27.0%
Apr 13, 2020	Upgrade	BBofA/Merrill	Neutral → Buy	$16	-16.6%
Apr 02, 2020	Upgrade	CCompass Point	Neutral → Buy	$13	-32.3%
Nov 12, 2019	Initiated	RRBC Capital Mkts	Outperform	$20	+4.2%

Oct-27-26 03:08PM	Ares Capital Misses As Core EPS Slips Below The Dividend, Leaning On The MFIC Deal And A Rebounding Pipeline To Change The Story (Earnings Whispers)
12:23PM	Why Is Ares Capital Acquiring MidCap Financial Investment Corporation in a $2.6 Billion Transaction? (InvestorsHub)
11:33AM	Ares Capital's Buyout of Apollo's MidCap Could Spark Wave of BDC Mergers (Barrons.com)
11:10AM	Ares Capital Reports Q3 Earnings Below Estimates as Investment Income Declines to $763 Million (InvestorsHub)
06:08AM	Ares Capital: Q3 Earnings Snapshot (Associated Press)
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06:00AM	ARES CAPITAL CORPORATION ANNOUNCES SEPTEMBER 30, 2026 FINANCIAL RESULTS AND DECLARES FOURTH QUARTER 2026 DIVIDEND OF $0.48 PER SHARE DIVIDEND DECLARATIONS (PR Newswire)
06:00AM	Ares Capital Corporation Agrees to Acquire MidCap Financial Investment Corporation (Business Wire)
05:30AM	Ares Private-Credit Fund to Buy Competitor From Apollo (The Wall Street Journal)
Oct-09-26 04:00AM	Why Private-Credit Funds Deserve a Second Look at 15% Yields (Barrons.com)
Oct-02-26 07:00AM	ARES CAPITAL CORPORATION SCHEDULES EARNINGS RELEASE FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2026 (PR Newswire)
Sep-15-26 07:10AM	Ares Capital Corp's Dividend Analysis (GuruFocus.com)
Sep-08-26 04:45PM	ARES CAPITAL CORPORATION PRICES PUBLIC OFFERING OF $750 MILLION 6.250% UNSECURED NOTES DUE 2033 (PR Newswire)
Aug-31-26 02:00AM	Private Credit Stocks Are Rebounding, but Shared Loans Bring Growing Risk (Barrons.com)
Aug-12-26 01:58PM	Top BDC portfolios contract in Q2 as origination activity falters LCD analysis (Pitchbook)
Jul-31-26 08:59AM	Ares BDC moves 5 borrowers to non-accrual in Q2, led by AmeriVet (Pitchbook)
08:40AM	Loading…
08:40AM	Private credit roundup: Earnings hold up as defaults, redemptions remain elevated (Reuters)
Jul-30-26 07:20AM	Ares Private-Credit Fund Reports Rising Defaults, and New Deals (The Wall Street Journal)
04:36AM	Stock Market Today: Bond Selloff Extends; Oil Ticks Higher (The Wall Street Journal)
Jul-29-26 06:07AM	Ares Capital: Q2 Earnings Snapshot (Associated Press)
06:00AM	ARES CAPITAL CORPORATION ANNOUNCES JUNE 30, 2026 FINANCIAL RESULTS AND DECLARES THIRD QUARTER 2026 DIVIDEND OF $0.48 PER SHARE (PR Newswire)
Jul-02-26 07:00AM	ARES CAPITAL CORPORATION SCHEDULES EARNINGS RELEASE FOR THE SECOND QUARTER ENDED JUNE 30, 2026 (PR Newswire)
Jun-08-26 07:30AM	ARES CAPITAL CORPORATION ANNOUNCES INAUGURAL $1 BILLION COMMERCIAL PAPER PROGRAM (PR Newswire)
Jun-01-26 05:08AM	Shadow bank writes down loans to former Crystal Palace owner by 80pc (The Telegraph)
05:08AM	Shadow bank writedowns loans to former Crystal Palace owner by 80pc (The Telegraph)
May-31-26 02:25AM	Will private credit infect public markets? (Investing.com)
May-26-26 06:45AM	Ares Capital Corporation and Ares Strategic Income Fund Announce Increases in Size, Enhanced Terms and Extended Maturities for Bank-Led Revolving Credit Facilities (Business Wire)
May-11-26 05:46AM	Apollo in Talks to Sell $3 Billion Fund, Report Says. What It Says About Private Credit Fears. (Barrons.com)
May-06-26 01:00AM	This Big Private-Credit Fund Is Riskier Than It Looks (Barrons.com)
May-04-26 04:45PM	Ares Capital Corporation Prices Public Offering of $800 Million 5.550% Unsecured Notes Due 2030 (Business Wire)
May-01-26 12:05PM	Private credit roundup: the ebb and flow of fresh investment (Reuters)
05:30AM	Loading…
05:30AM	How Private-Credit Funds Keep Debt Off Their Balance Sheets (The Wall Street Journal)
Apr-29-26 03:08AM	Ares Capital Corp (ARCC) Q1 2026 Earnings Call Highlights: Navigating Market Volatility with ... (GuruFocus.com)
Apr-28-26 05:59PM	Ares Capital Posts a Profit After Accounting Gain (Barrons.com)
05:04PM	Ares Capital Corp's software valuations steady despite concerns (Reuters)
12:33PM	Ares BDC Defaults Climb as Yields Fall (The Wall Street Journal)
07:00AM	Ares Capital Corporation Announces March 31, 2026 Financial Results and Declares Second Quarter 2026 Dividend of $0.48 Per Share (Business Wire)
06:21AM	Ares Capital: Q1 Earnings Snapshot (Associated Press)
Apr-24-26 02:30AM	It's Crunchtime for Private Credit as the Leading Funds Get Ready to Report Earnings (Barrons.com)
Apr-22-26 02:02PM	Thoma Bravo nears agreement to turn software firm Medallia over to creditors, sources say (Reuters)
05:30AM	A Moment of Truth: Which Private-Credit Funds Believe Their Own Balance Sheets? (The Wall Street Journal)
Apr-07-26 08:21PM	Brokers Suggest Investing in Ares Capital (ARCC): Read This Before Placing a Bet (Quartz)
11:26AM	The Private Credit Sector Is Unwell. What It Means for Publicly-Traded BDCs. (Barrons.com)
Apr-01-26 10:55AM	Trapped in a Private Credit Fund? Here's What You Can Do. (Barrons.com)
07:00AM	Ares Capital Corporation Schedules Earnings Release For The First Quarter Ended March 31, 2026 (ACCESSWIRE)
Mar-26-26 05:36PM	Investors in Private Credit Funds Are Fretting About One Type of Loan Payment (Barrons.com)
Mar-25-26 11:48AM	Ares Caps Redemptions as Private Credit Pressures Build (Barrons.com)
Mar-20-26 10:09AM	Sea change in private credit delivers long-awaited spread widening (Pitchbook)
Mar-18-26 03:01PM	The 'Watchlist' of Private Credit Loans Showing Stress Is Growing. What It Means. (Barrons.com)
Mar-17-26 03:46PM	Software Loans Went From Catnip to Kryptonite. Where Are They Now? (Barrons.com)
Mar-13-26 08:57AM	'PIK' Loans Are the Market's Latest Concern. What They Are and Why They Matter. (Barrons.com)
Mar-12-26 04:00PM	A New Sign of Stress in the Shaky Private Credit Market (Barrons.com)
Mar-04-26 07:11PM	Is There Opportunity in Private Credit Stocks or Still Too Much Risk? (Zacks)
11:37AM	WWEX-Auctane nets $5B cov-lite unitranche financing backing merger by Thoma Bravo (Pitchbook)
07:02AM	Markets Look to Trump for Reassurance on Oil Prices. Don't Count on It. (Barrons.com)
Mar-03-26 09:00AM	Ares Capital Corporation (ARCC) Is a Trending Stock: Facts to Know Before Betting on It (Zacks)
Mar-02-26 02:53PM	Rate Cuts Are Eating Into BIZDs Income and Total Returns Are Suffering (24/7 Wall St.)
12:05PM	CION Investment Trades at 5.5x and Yields a 15%: Hold or Buy? (Zacks)
12:02PM	CION in 2026: M&A Pipeline, Tight Spreads and Private Credit Risk (Zacks)
11:57AM	CION's Rising Non-Accruals: What They Mean for Dividend Safety in 2026 (Zacks)
Feb-27-26 05:57PM	Stocks' Season of Discontent Could Linger Well Past Winter. Plus, Picks Among BDCs. (Barrons.com)
12:56PM	Main Street Capital Q4 Earnings Beat, Shares Fall as Expenses Rise Y/Y (Zacks)
Feb-26-26 10:33AM	Private Credits Great Divide: Imminent Crisis or No Big Deal (Bloomberg)
07:15AM	Invest Just $10,000 Into 5 Ultra-High-Yield Stocks for $5,500 in Yearly Passive Income (24/7 Wall St.)
Feb-25-26 09:44AM	Can Higher Cash Collections Boost PRA Group's Q4 Earnings? (Zacks)
07:45AM	AI disruption and private credit: what is the risk scenario? (Investing.com)
06:00AM	2 Dividend Stocks Yielding 10%+ at Rock-Bottom Levels; Truist Says Buy (TipRanks)
Feb-23-26 06:56AM	Just Four Dividend Stocks Transform $400,000 Into $2,500 a Month Retirement Income (24/7 Wall St.)
Feb-22-26 03:33PM	Last weeks slump in asset-manager stocks was driven by private-credit fears. Heres whats worrying investors. (MarketWatch)
Feb-21-26 08:30AM	This week's slump in asset-manager stocks was driven by private-credit fears. Here's what's worrying investors. (MarketWatch)
Feb-20-26 09:00AM	Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know (Zacks)
07:41AM	Financial Stocks Are Way Oversold: 5 Strong Buy High-Yield Dividend Ideas (24/7 Wall St.)
Feb-19-26 04:26PM	Blue Owl Move to Curb Redemptions at Private-Credit Fund Hits Alt Manager Stocks (Barrons.com)
Feb-11-26 10:17AM	Red-Hot Jobs Report Will Delay Fed Rate Cuts Lock In These 5 Ultra-High-Yield Dividend Giants (24/7 Wall St.)
Feb-09-26 09:00AM	Ares Capital Corporation (ARCC) is Attracting Investor Attention: Here is What You Should Know (Zacks)
Feb-08-26 09:38AM	How the Software Panic Hit Private Creditand Why Some BDC Stocks Might Be Worth Buying (Barrons.com)
Feb-06-26 05:30AM	Private Markets' AI Panic: When 'Recurring Revenue' Isn't (The Wall Street Journal)
Feb-05-26 08:19AM	ARCC's Q4 Earnings Meet, Stock Up on Higher Total Investment Income (Zacks)
Feb-04-26 06:52PM	Ares Capital Q4 Earnings Call Highlights (MarketBeat)
06:08PM	Ares BDC says software loan book remains healthy amid AI fears (Pitchbook)
06:02PM	Ares Capital Corp (ARCC) Q4 2025 Earnings Call Highlights: Strong Portfolio Performance and ... (GuruFocus.com)
01:48PM	Ares Capital (ARCC) Q4 2025 Earnings Transcript (Motley Fool)
12:05PM	Ares Capital Reports Earnings With Private Credit Under Pressure (Barrons.com)
09:30AM	Ares Capital (ARCC) Reports Q4 Earnings: What Key Metrics Have to Say (Zacks)
07:15AM	Ares Capital (ARCC) Matches Q4 Earnings Estimates (Zacks)
07:00AM	Ares Capital Corporation Announces December 31, 2025 Financial Results and Declares First Quarter 2026 Dividend of $0.48 Per Share (Business Wire)
06:21AM	Ares Capital: Q4 Earnings Snapshot (Associated Press Finance)
Feb-03-26 12:53PM	Bitcoin nears weekend low of $74,600 as stock selloff adds to crypto's woes (CoinDesk)
Feb-02-26 12:58PM	Is Ares Capital Stock Worth Owning Ahead of Q4 Earnings? (Zacks)
05:02AM	Wall Street Warns About a Possible Private Credit Collapse. Should Investors Worry About These Ultra-High-Yield Stocks? (Motley Fool)
Jan-31-26 02:30AM	The Exit Rush Is Over for Nontraded BDCs. Cash Keeps Coming Into Private Credit. (Barrons.com)
Jan-30-26 04:00PM	Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2025 (Business Wire)
09:30AM	Wall Street Analysts Think Ares Capital (ARCC) Is a Good Investment: Is It? (Zacks)
09:15AM	Ares Capital (ARCC) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates (Zacks)
Jan-29-26 06:25PM	Avidbank Holdings Inc. (AVBH) Q4 Earnings Miss Estimates (Zacks)
Jan-28-26 12:18PM	Will Growth in Total Investment Income Continue for ARCC in 2026? (Zacks)
12:10PM	Ares Capital Slips 10.4% in 6 Months: Should You Still Buy the Stock? (Zacks)
05:22AM	3 Under-the-Radar Dividend Stocks With Monster Yields of Up to 10.7% (Motley Fool)
Jan-26-26 05:50PM	Ares Capital (ARCC) Stock Dips While Market Gains: Key Facts (Zacks)
01:25PM	Should You Buy Ares Capital Corporation While It's Below $22? (Motley Fool)
06:10AM	Why I Just Loaded Up on This 9.2%-Yielding Dividend Stock (Motley Fool)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
HENSON MARY BETH	Director	Oct 28 '26	Buy	18.46	2,500	46,150	36,969	Oct 29 07:04 PM
MARKOWICZ JANA	Chief Operating Officer	Feb 09 '26	Buy	19.20	15,000	288,000	25,176	Feb 10 04:30 PM
Lem Scott C	CFO and Treasurer	Feb 06 '26	Buy	19.29	5,186	100,038	39,463	Feb 09 09:05 PM
HENSON MARY BETH	Director	Feb 05 '26	Buy	19.14	4,000	76,560	31,913	Feb 09 04:40 PM
SCHNABEL MICHAEL KORT	Chief Executive Officer	Feb 05 '26	Buy	19.13	12,500	239,125	40,500	Feb 09 04:39 PM
SCHNABEL MICHAEL KORT	Chief Executive Officer	Oct 31 '25	Buy	20.39	13,000	265,070	28,000	Nov 03 06:15 PM

Ares Capital Corp. is a specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. It focuses on investing in high-quality businesses that require capital to support growth and expansion, with the objective of generating current income and potential capital appreciation through its lending and investment activities. The company was founded on April 16, 2004 and is headquartered in New York, NY.

Co-ChairmanMr. Mitchell Scott Goldstein CPA

Co-Chairman of Board of Directors & Co-Head of Ares Credit GroupMr. Michael Lewis Smith

Executive VP & DirectorMr. Michael J. Arougheti

CEO & Co-Head of U.S. Direct LendingMr. Kort Schnabel

President & Co-Head of U.S. Direct LendingMr. James Miller

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ARCC

Ares Capital Corp

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