Ares Management L.P. (NYSE:ARES) reported earnings of $0.69 per share meeting Walls Streets expectations.

ME Staff
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Ares Management L.P. (NYSE:ARES) reported Q2 2017 earnings this Morning, coming in at $0.69 per share, in-line Wall Street’s estimates of $0.69 per Share. Revenue for the quarter came in at $554.00 million beating analyst estimates of $442.10 million

Analyst Coverage For Ares Management L.P. (NYSE:ARES)
These are 2 Hold Ratings, 6 Buy Ratings .
The current consensus rating for Ares Management L.P. (NYSE:ARES) is Buy (Score: 2.75) with a consensus target price of $20.86 , a potential (14.29% upside)

Recent Insider Trading for Ares Management L.P. (NYSE:ARES)

  • On 12/15/2015 Michael R Mcferran, CFO, bought 10,000 with an average share price of $12.76 per share and the total transaction amounting to $127,600.00.
  • On 12/14/2015 Michael D Weiner, EVP, bought 2,000 with an average share price of $12.75 per share and the total transaction amounting to $25,500.00.
  • On 12/11/2015 Michael D Weiner, EVP, bought 3,000 with an average share price of $13.59 per share and the total transaction amounting to $40,770.00.
  • On 12/2/2015 David B Kaplan, Insider, bought 8,025 with an average share price of $14.41 per share and the total transaction amounting to $115,640.25.
  • On 12/1/2015 David B Kaplan, Insider, bought 13,322 with an average share price of $14.14 per share and the total transaction amounting to $188,373.08.
  • On 11/25/2015 Michael J. Arougheti, insider, bought 5,993 with an average share price of $14.11 per share and the total transaction amounting to $84,561.23.



Dividend History for Ares Management L.P. (NYSE:ARES)

  • On 5/8/2017 announced a quarterly dividend of $0.13 5.97% with an ex dividend date of 5/18/2017 which will be payable on 5/22/2017.
  • On 2/24/2017 announced a quarterly dividend of $0.28 4.82% with an ex dividend date of 3/8/2017 which will be payable on 3/10/2017.
  • On 11/7/2016 announced a quarterly dividend of $0.20 5.21% with an ex dividend date of 11/17/2016 which will be payable on 11/21/2016.
  • On 8/10/2016 announced a quarterly dividend of $0.28 6.57% with an ex dividend date of 8/19/2016 which will be payable on 8/23/2016.
  • On 5/11/2016 announced a quarterly dividend of $0.15 4.29% with an ex dividend date of 5/20/2016 which will be payable on 5/24/2016.
  • On 3/1/2016 announced a quarterly dividend of $0.20 6.61% with an ex dividend date of 3/10/2016 which will be payable on 3/14/2016.
  • On 11/11/2015 announced a quarterly dividend of $0.13 3.22% with an ex dividend date of 11/20/2015 which will be payable on 11/24/2015.



Recent Trading for Ares Management L.P. (NYSE:ARES)
Shares of Ares Management L.P. closed the previous trading session at 18.50 up +0.25 1.37% with 72,802 shares trading hands.