Ares Capital Corporation (ARCC)

Currency in USD
18.71
-0.33(-1.73%)
Closed·
18.70-0.01(-0.05%)
·
Earnings results expected today
High dividend Yield
ARCC is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
18.6819.13
52 wk Range
17.4022.94
Key Statistics
Prev. Close
19.04
Open
19.1
Day's Range
18.68-19.13
52 wk Range
17.4-22.94
Volume
4.35M
Average Volume (3m)
5.07M
1-Year Change
-16.992%
Book Value / Share
-
Fair Value
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Fair Value Upside
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ARCC Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
20.73
Upside
+10.80%
Members' Sentiments
Bearish
Bullish
ProTips
Short term obligations exceed liquid assets

Ares Capital Corporation News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

11 Buy
3 Hold
0 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 20.73
(+10.80% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy18.50-1.12%19.00Maintain02-07-2026
Wells Fargo
Hold19.00+1.55%20.00Downgrade12-06-2026
Compass Point
Buy22.00+17.58%23.00Maintain30-04-2026
RBC Capital
Buy21.00+12.24%22.00Maintain29-04-2026
B.Riley
Buy20.00+6.89%22.00Maintain29-04-2026

Ares Capital Corporation Earnings Call Summary for Q2/2026

  • Ares Capital Q2 core EPS met estimates at $0.47/share; revenue slightly missed at $768M vs $771.76M forecast; Q3 dividend held at $0.48/share.
  • NAV declined to $19.35/share from prior quarter; non-accruals rose to 2.4% from 2.1%, though leverage steady at 1.12x with $6B liquidity available.
  • Launched BDC sector's first commercial paper program, expected to reduce funding costs by 50-100 basis points versus secured borrowings per CFO Lemm.
  • Originated $2.6B in new commitments with 75% from existing borrowers; management expects deal activity to improve as market normalizes going forward.
  • $988M spillover income ($1.38/share) provides dividend flexibility; shares fell 0.76% to $18.90, offering 10.08% yield with 23-year payout history.
Last Updated: 29-07-2026, 10:50 pm
Read Full Transcript

Earnings

Latest Release
29-07-2026
EPS / Forecast
0.47 / 0.47
Revenue / Forecast
768M / 771.76M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.62%
Dividend Yield
10.16%
Industry Median 1.90%
Annualised payout
1.92
Paid quarterly
5-Years Growth
+3.71%
Growth Streak

ARCC Income Statement

Compare ARCC to Peers and Sector

Metrics to compare
ARCC
Peers
Sector
Relationship
P/E Ratio
0.0x20.2x10.1x
PEG Ratio
0.001.560.03
Price/Book
0.0x10.0x1.0x
Price / LTM Sales
0.0x7.9x3.0x
Upside (Analyst Target)
0.0%16.0%13.3%
Fair Value Upside
Unlock19.6%2.2%Unlock

Ares Capital Corporation is a business development company specializing in growth capital, 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 sports, media & entertainment, industrials & business services, infrastructure & power, financial institution groups, software & technology, specialty healthcare, consumer, retail & services, energy and the basic and growth manufacturing, consumer products, health care products, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It invests in the United States based companies. 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 $30 million and $500 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.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
25.61M3.57%483.83M
Other Institutional Investors
229.14M31.91%4.33B
Public Companies & Retail Investors
463.27M64.52%8.75B
Total
718.02M100.00%13.56B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Morgan Stanley2.25%1,61,67,6683,05,407
UBS Asset Management AG1.99%1,43,24,0922,70,582

FAQ

What Is the Ares Capital (ARCC) Share Price Today?

The Ares Capital share price today is 18.71.

What is the current Ares Capital (ARCC) share price and day range?

As of 29-07-2026, the Ares Capital share price is 18.71, with a previous close of 19.04. The share price has ranged from 18.68 to 19.13 today, while the 52-week range spans from 17.40 to 22.94.

What Is the Ares Capital Market Cap?

As of today, Ares Capital market cap is 13.45B.

Does Ares Capital Pay Dividends? What's The Current Dividend Yield?

The Ares Capital dividend yield is 10.26%.

What Is the Ares Capital (ARCC) Share Price Target?

The average 12-month share price target for Ares Capital is 20.73, with a high estimate of 23 and a low estimate of 18.5. 11 analysts recommend buying, while 0 suggest selling, with an overall rating of Buy and +10.80% Upside potential.

What Is Ares Capital's Earnings Per Share (TTM)?

The Ares Capital EPS (TTM) is 1.62.

When Is the Next Ares Capital Earnings Date?

Ares Capital will release its next earnings report on 29-07-2026.

From a Technical Analysis Perspective, Is ARCC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

What Stock Exchange Does Ares Capital Trade On?

Ares Capital is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Ares Capital?

The stock symbol for Ares Capital is "ARCC."

How Many Times Has Ares Capital Stock Split?

Ares Capital has split 0 times.

What Is the ARCC Premarket Price?

ARCC's last pre-market stock price is 19.08. The pre-market share volume is 17,220.00, and the stock has changed by 0.04, or 0.21%.

What Is the ARCC After Hours Price?

ARCC's last after hours stock price is 18.70, the stock has changed by -0.01, or -0.05%.
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