Analyst Ratings For Ares Capital Corporation (NASDAQ:ARCC)
Today, Citigroup initiated coverage on Ares Capital Corporation (NASDAQ:ARCC) with a Buy with a price target of $19.00.
There are 10 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Ares Capital Corporation (NASDAQ:ARCC) is Buy with a consensus target price of $18.0455 per share, a potential 3.83% upside.
Some recent analyst ratings include
- 8/23/2018-Ares Capital Corporation (NASDAQ:ARCC) has coverage initiated with a Buy ➝ Buy rating and $19.00 price target
- 8/6/2018-Ares Capital Corporation (NASDAQ:ARCC) had its Buy rating reiterated by National Securities with a $19.00 price target
- 12/6/2017-Ares Capital Corporation (NASDAQ:ARCC) has coverage initiated with a Buy ➝ Buy rating and $17.50 price target
- 11/27/2017-Ares Capital Corporation (NASDAQ:ARCC) has coverage initiated with a Outperform rating and $18.00 price target
Recent Insider Trading Activity For Ares Capital Corporation (NASDAQ:ARCC)
Ares Capital Corporation (NASDAQ:ARCC) has insider ownership of 0.49% and institutional ownership of 40.94%.
- On 8/20/2018 Steve Bartlett, Director, bought 200 with an average share price of $17.36 per share and the total transaction amounting to $3,472.00.
- On 5/21/2018 Steve Bartlett, Director, bought 200 with an average share price of $16.59 per share and the total transaction amounting to $3,318.00.
- On 4/23/2018 Steve Bartlett, Director, bought 200 with an average share price of $16.02 per share and the total transaction amounting to $3,204.00.
- On 3/26/2018 Steve Bartlett, Director, bought 200 with an average share price of $15.96 per share and the total transaction amounting to $3,192.00.
- On 3/15/2018 Michael J Arougheti, Insider, bought 25,000 with an average share price of $15.60 per share and the total transaction amounting to $390,000.00.
- On 2/26/2018 Steve Bartlett, Director, bought 200 with an average share price of $15.89 per share and the total transaction amounting to $3,178.00.
- On 2/15/2018 Penelope F Roll, CFO, bought 3,000 with an average share price of $15.81 per share and the total transaction amounting to $47,430.00.
About Ares Capital Corporation (NASDAQ:ARCC)
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
Recent Trading Activity for Ares Capital Corporation (NASDAQ:ARCC)
Shares of Ares Capital Corporation closed the previous trading session at 17,38 +0,070 0,40 % with 17.36 shares trading hands.
