On Friday, Ares Capital Corp (NASDAQ: ARCC) opened higher 0.27% from the last session, before settling in for the closing price of $21.99. Price fluctuations for ARCC have ranged from $18.26 to $23.84 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -13.22% at the time writing. With a float of $686.73 million, this company’s outstanding shares have now reached $694.18 million.
In terms of profitability, gross margin is 95.92%, operating margin of 91.13%, and the pretax margin is 70.91%.
Ares Capital Corp (ARCC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Ares Capital Corp is 0.56%, while institutional ownership is 32.64%. The most recent insider transaction that took place on Mar 03 ’25, was worth 932,800. In this transaction Co-President of this company bought 40,000 shares at a rate of $23.32, taking the stock ownership to the 40,000 shares. Before that another transaction happened on Feb 11 ’25, when Company’s Director bought 6,000 for $22.75, making the entire transaction worth $136,500. This insider now owns 30,000 shares in total.
Ares Capital Corp (ARCC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.22% per share during the next fiscal year.
Ares Capital Corp (NASDAQ: ARCC) Trading Performance Indicators
Check out the current performance indicators for Ares Capital Corp (ARCC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.04, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.00 in one year’s time.
Technical Analysis of Ares Capital Corp (ARCC)
Ares Capital Corp (NASDAQ: ARCC) saw its 5-day average volume 2.87 million, a negative change from its year-to-date volume of 4.93 million. As of the previous 9 days, the stock’s Stochastic %D was 89.72%. Additionally, its Average True Range was 0.38.
During the past 100 days, Ares Capital Corp’s (ARCC) raw stochastic average was set at 67.92%, which indicates a significant decrease from 91.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.30% in the past 14 days, which was lower than the 29.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.17, while its 200-day Moving Average is $21.65. Nevertheless, the first resistance level for the watch stands at $22.15 in the near term. At $22.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.36. If the price goes on to break the first support level at $21.93, it is likely to go to the next support level at $21.81. The third support level lies at $21.72 if the price breaches the second support level.
Ares Capital Corp (NASDAQ: ARCC) Key Stats
There are currently 694,182K shares outstanding in the company with a market cap of 15.31 billion. Presently, the company’s annual sales total 2,990 M according to its annual income of 1,522 M. Last quarter, the company’s sales amounted to 732,000 K and its income totaled 241,000 K.
