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Ares Capital

ARCCNASDAQ
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$20.53
0.190.93%
Last update: 9:24 AM
15 minutes delayed
The dividend Ex-Date was 6 days ago
Consensus Rating1
Buy
Highest Price Target1
$23.00
Lowest Price Target1
$20.00
Consensus Price Target1
$21.38

Ares Capital (NASDAQ:ARCC) Stock, Analyst Ratings, Price Targets, Forecasts

Ares Capital Corp has a consensus price target of $21.38 based on the ratings of 13 analysts. The high is $23 issued by Truist Securities on May 2, 2024. The low is $20 issued by Wells Fargo on January 29, 2024. The 3 most-recent analyst ratings were released by RBC Capital, JMP Securities, and RBC Capital on August 5, 2024, July 30, 2024, and May 23, 2024, respectively. With an average price target of $22 between RBC Capital, JMP Securities, and RBC Capital, there's an implied 6.80% upside for Ares Capital Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Analyst Rating and Forecast
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4.0
Buy
Strong Buy
Buy
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Analyst Firms Making Recommendations1

RBC Capital
JMP Securities
JP Morgan
Truist Securities
Oppenheimer

1calculated from analyst ratings

Analyst Ratings for Ares Capital

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Ares Capital (ARCC) stock?

A

The latest price target for Ares Capital (NASDAQ:ARCC) was reported by RBC Capital on August 5, 2024. The analyst firm set a price target for $22.00 expecting ARCC to rise to within 12 months (a possible 7.16% upside). 10 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ares Capital (ARCC)?

A

The latest analyst rating for Ares Capital (NASDAQ:ARCC) was provided by RBC Capital, and Ares Capital reiterated their outperform rating.

Q

When was the last upgrade for Ares Capital (ARCC)?

A

The last upgrade for Ares Capital Corp happened on April 27, 2022 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Ares Capital Corp.

Q

When was the last downgrade for Ares Capital (ARCC)?

A

The last downgrade for Ares Capital Corp happened on January 8, 2024 when B. Riley Securities changed their price target from N/A to $21 for Ares Capital Corp.

Q

When is the next analyst rating going to be posted or updated for Ares Capital (ARCC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ares Capital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ares Capital was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

Q

Is the Analyst Rating Ares Capital (ARCC) correct?

A

While ratings are subjective and will change, the latest Ares Capital (ARCC) rating was a reiterated with a price target of $22.00 to $22.00. The current price Ares Capital (ARCC) is trading at is $20.53, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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