Brokers Recommendations on: Ares Capital Corporation (NASDAQ:ARCC)

On Monday, Ares Capital Corporation (NASDAQ:ARCC) stock opened its trade at $17.29 and after floating in a range of $17.12 to $17.34, settled at $17.23. This Company belongs to Finance sector. The overall volume in the last trading session was 3.52 million shares. The stock appeared $17.87 above its 52-week highs and is down -2.71% for the last five trades.

Executives hold 0.40 percent of the stock. The highest analyst price target is $19.50, which implies a rally of 87 percent. Currently, the stock has a 1 Year Price Target of $18.46.

The consensus recommendation, according to Zacks Investment research, is 1.56. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The insider owns 786,876 shares which have current market value of around $13557873.48.Mitchell S. Goldstein is another major inside shareholder in the company. (NASDAQ:HDS) last announced results for quarter ended on 31 Oct 2016, disclosing EPS of $0.83. Analysts had expected Ares Capital Corporation (NASDAQ:ARCC) to post net income of about $0.39 per share on $245.16M in revenue. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance.

In Ares Capital Corporation (NASDAQ:ARCC)'s latest quarter, EPS moved to $0.42 from $0.43 in preceding quarter and revenues reached at $261.00M compared to $258.67M.

It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price estimates. The median estimate represents a +7.37% increase from the last price of 17.23. The average revenue estimate for the year ending January 2017 is $7.44B by 20 analysts.

Analysts are also projecting an Average Revenue Estimate for Ares Capital Corporation as $292.47 Million in the Current Quarter. Stock exchanged hands with the total volume of 3.12 Million shares, as contrast to its average volume of 4.81 Million shares.

While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 0 percent. Macquarie analysts disclosed their opinion on Ares Capital Corporation (NASDAQ:ARCC) recently. The Weekly and Monthly Volatility stands at 0.89% and 0.77%. Price per earning (ttm) stands at 11.42.

The AES Corporation (NYSE:AES), maintained return on investment for the last twelve months at 1.19, higher than what Reuters data shows regarding industry's average. The 1 year EPS growth rate is -97.50%.

The company's growth for the past 5 years has been at -1.08 percent. The Insider Ownership of the company now is 1.35 percent, and Institutional Ownership is 41.4 percent.

Recommended News

  • Vanessa Grimaldi and Nick Viall Will NOT Get Married

    Vanessa Grimaldi and Nick Viall Will NOT Get Married

    Viall also admitted the couple has already had their struggles off-camera and that a wedding date isn't even on the table. She also expressed hesitation about uprooting her life in Canada to continue her relationship with The Bachelor star.
    'Microsoft Surface Phone 2017 Updates: Price, Specs, Features, Release Date

    'Microsoft Surface Phone 2017 Updates: Price, Specs, Features, Release Date

    Microsoft is sparing no efforts to make its upcoming flagship device Surface Pro 5 as technologically advanced as possible. Diving into the earlier leaked specifications of Surface Phone, we might see a 5.5-inch Quad HD display on the phone.
    Denver Broncos gain one offensive lineman on same day they lose another

    Denver Broncos gain one offensive lineman on same day they lose another

    So the Broncos might be making a few calls to see if any left tackle or right tackles are available on the trade market. Meanwhile, the Broncos need a great deal of help there ... to protect Romo or whomever wins the Denver quarterback job.
  • Release Date CONFIRMED In April 2017; Specs, Features & More

    Release Date CONFIRMED In April 2017; Specs, Features & More

    It's also rumored to come with the new Apple operating system, the iOS 10, and be powered by the A9 and M9 motion co-processor. The 12.9-inch iPad Pro isn't available for purchase immediately but the product page shows a shipping time of about 2-3 weeks.
    Game of Thrones' Bran Stark Has a Grim Prediction for Season 7

    Game of Thrones' Bran Stark Has a Grim Prediction for Season 7

    The actor admitted that he is anxious that his character may die before he could tell Jon Snow about his real parents. Bran discovered Jon's true parentage in season six thanks to his visions, which confirmed the fan theory of R+L=J.
    TJ Lang to Detroit?

    TJ Lang to Detroit?

    Former Cowboy Ronald Leary also reportedly cashed in on the first day of free agency, reportedly agreeing to a four-year, $36 million deal with Denver.
  • Honda Civic Type R Slated to Grace US Soil in Late Spring

    Honda Civic Type R Slated to Grace US Soil in Late Spring

    But while the Type R may be the wild child of the usually more sedate Civic family, it is also being made more user friendly. Expect to see the 2017 Honda Civic Type R in showrooms late spring going for somewhere in the mid-$30k range.
    Senior Housing Properties Trust (NASDAQ:SNH) Under Analyst Spotlight

    Senior Housing Properties Trust (NASDAQ:SNH) Under Analyst Spotlight

    Oregon Public Employees Retirement Fund boosted its stake in Senior Housing Properties Trust by 2.0% in the third quarter. JPMorgan Chase & Co. boosted its position in shares of Senior Housing Properties Trust by 35.2% in the third quarter.
    Celtics vs Nuggets Live Streaming, Lineups, Livescore (March 10) NBA Basketball 2017

    Celtics vs Nuggets Live Streaming, Lineups, Livescore (March 10) NBA Basketball 2017

    Jokic missed two games with the flu but looked fresh against Boston, finishing three assists shy of his fifth triple-double. He ranks fifth among Nuggets players and 96th in the National Basketball Association with a 1.1 nERD on the season.
  • 'The Bachelor' Season 21 Finale Preview: Who Will Get the Final Rose?

    'The Bachelor' Season 21 Finale Preview: Who Will Get the Final Rose?

    Read on to find out everything you need to know about the season finale of The Bachelor and what time The Bachelor finale starts. Viall, who has appeared four times on "Bachelor" spin offs, is nearly like a recurring character in the franchise at this point.
    A side-by-side comparison of Obamacare and the GOP's replacement plan

    A side-by-side comparison of Obamacare and the GOP's replacement plan

    Under the proposed bill, tax credits would start at $2,000 a year for individuals under age 30, rising to $4,000 for those of 60. Again, insurance plans and premiums are finalized for 2017, so it's not likely you'll see immediate changes to your costs.

    Stock On the Run: RR Donnelley & Sons Company (NYSE:RRD)

    The Average Volume of the company is 1.12 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 10.93. Donnelley & Sons Company (NYSE:RRD) has 70.64 Million shares outstanding and 68.79 Million shares were floated in market.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.