Ares Capital (ARCC) Stock Forecast, Price Target & Predictions
ARCC Stock Forecast
Ares Capital stock forecast is as follows: an average price target of $21.60 (represents a -0.83% downside from ARCC’s last price of $21.78) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
ARCC Price Target
The average price target for Ares Capital (ARCC) is $21.60 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $20.00. This represents a potential -0.83% downside from ARCC's last price of $21.78.
ARCC Analyst Ratings
According to 8 Wall Street analysts, Ares Capital's rating consensus is 'Buy'. The analyst rating breakdown for ARCC stock is 0 'Strong Buy' (0.00%), 6 'Buy' (75.00%), 2 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ares Capital Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Devin Ryan | JMP Securities | $22.00 | $20.89 | 5.31% | 1.01% |
| Jul 18, 2024 | Doug Harter | UBS | $22.00 | $21.07 | 4.41% | 1.01% |
| May 23, 2024 | Kanneth Lee | RBC Capital | $22.00 | $21.30 | 3.29% | 1.01% |
| Feb 08, 2023 | - | Citigroup | $22.00 | $20.02 | 9.89% | 1.01% |
| Feb 08, 2023 | - | J.P. Morgan | $20.50 | $20.04 | 2.30% | -5.88% |
| Apr 27, 2022 | - | Wells Fargo | $21.50 | $19.80 | 8.59% | -1.29% |
| Apr 27, 2022 | Bryce Rowe | Hovde Group | $21.00 | $19.80 | 6.06% | -3.58% |
| Apr 25, 2022 | - | Wells Fargo | $23.00 | $21.81 | 5.46% | 5.60% |
| Oct 26, 2021 | John Hecht | Jefferies | $24.00 | $20.50 | 17.07% | 10.19% |
| Jul 29, 2021 | Mark Devries | Barclays | $20.00 | $18.64 | 7.30% | -8.17% |
The latest Ares Capital stock forecast, released on Jul 30, 2024 by Devin Ryan from JMP Securities, set a price target of $22.00, which represents a 5.31% increase from the stock price at the time of the forecast ($20.89), and a 1.01% increase from ARCC last price ($21.78).
Ares Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $22.00 |
| Last Closing Price | $21.78 | $21.78 | $21.78 |
| Upside/Downside | -100.00% | -100.00% | 1.01% |
In the current month, the average price target of Ares Capital stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ares Capital's last price of $21.78. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | B. Riley | Neutral | Neutral | Hold |
| Jul 30, 2024 | RBC Capital | Market Outperform | Market Outperform | Hold |
| Jul 30, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 18, 2024 | UBS | Neutral | Neutral | Hold |
| May 23, 2024 | RBC Capital | Buy | Buy | Hold |
| May 23, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 22, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| May 02, 2024 | B. Riley | Neutral | Neutral | Hold |
| May 02, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Feb 08, 2023 | Citigroup | Buy | Buy | Hold |
Ares Capital's last stock rating was published by B. Riley on Oct 31, 2024. The company gave ARCC a "Neutral" rating, the same as its previous rate.
Ares Capital Financial Forecast
Ares Capital Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $528.00M | $497.00M | $302.00M | $201.00M | $144.00M | $129.00M | $282.00M | $400.00M | $350.00M | $498.00M | $430.00M | $394.00M | $455.00M | $292.00M | $305.00M | $216.00M | $181.00M |
| Avg Forecast | $803.40M | $794.04M | $790.93M | $787.34M | $790.92M | $783.05M | $780.02M | $776.93M | $785.40M | $770.45M | $715.33M | $703.85M | $681.90M | $653.75M | $621.55M | $632.93M | $581.56M | $511.85M | $464.12M | $484.61M | $472.19M | $432.23M | $386.71M | $386.71M | $359.13M | $343.17M | $343.92M | $377.38M | $387.28M | $370.17M |
| High Forecast | $835.01M | $825.29M | $822.05M | $818.32M | $822.05M | $813.87M | $810.71M | $816.92M | $801.40M | $770.77M | $715.33M | $703.85M | $720.54M | $680.03M | $646.01M | $657.84M | $604.44M | $511.85M | $464.12M | $484.61M | $472.19M | $432.23M | $386.71M | $386.71M | $359.13M | $343.17M | $343.92M | $377.38M | $387.28M | $370.17M |
| Low Forecast | $779.17M | $770.10M | $767.07M | $763.59M | $767.07M | $759.44M | $756.50M | $752.90M | $762.49M | $770.12M | $715.33M | $703.85M | $669.48M | $594.09M | $602.80M | $613.84M | $564.02M | $511.85M | $464.12M | $484.61M | $472.19M | $432.23M | $386.71M | $386.71M | $359.13M | $343.17M | $343.92M | $377.38M | $387.28M | $370.17M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 9 | 4 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.80% | 0.48% | 0.35% | 0.28% | 0.28% | 0.58% | 0.85% | 0.81% | 1.29% | 1.11% | 1.10% | 1.33% | 0.85% | 0.81% | 0.56% | 0.49% |
Ares Capital's average Quarter revenue forecast for Dec 23 based on 8 analysts is $681.90M, with a low forecast of $669.48M, and a high forecast of $720.54M. ARCC's average Quarter revenue forecast represents a 29.15% increase compared to the company's last Quarter revenue of $528.00M (Sep 23).
Ares Capital EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 9 | 4 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $292.00M | $320.00M | $407.00M | $320.00M | $223.00M | $222.00M | $317.00M | $495.00M | $433.00M | $576.00M | $464.00M | $467.00M | $522.00M | $358.00M | $-527.00M | $286.00M | $256.00M |
| Avg Forecast | $795.54M | $786.28M | $783.20M | $779.64M | $783.19M | $775.40M | $772.40M | $769.33M | $777.72M | $762.92M | $708.34M | $488.03M | $675.23M | $647.36M | $615.47M | $443.67M | $553.34M | $475.89M | $431.51M | $350.72M | $439.02M | $401.86M | $359.54M | $359.54M | $333.90M | $319.06M | $319.76M | $-1.52B | $360.07M | $344.17M |
| High Forecast | $826.85M | $817.22M | $814.02M | $810.32M | $814.01M | $805.91M | $802.79M | $808.93M | $793.57M | $763.24M | $708.34M | $585.64M | $713.49M | $673.38M | $639.69M | $532.40M | $664.01M | $475.89M | $431.51M | $420.87M | $439.02M | $401.86M | $359.54M | $359.54M | $333.90M | $319.06M | $319.76M | $-1.22B | $360.07M | $344.17M |
| Low Forecast | $771.55M | $762.57M | $759.58M | $756.13M | $759.57M | $752.01M | $749.10M | $745.54M | $755.04M | $762.59M | $708.34M | $390.43M | $662.94M | $588.29M | $596.91M | $354.93M | $442.68M | $475.89M | $431.51M | $280.58M | $439.02M | $401.86M | $359.54M | $359.54M | $333.90M | $319.06M | $319.76M | $-1.83B | $360.07M | $344.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.45% | 0.52% | 0.92% | 0.58% | 0.47% | 0.51% | 0.90% | 1.13% | 1.08% | 1.60% | 1.29% | 1.40% | 1.64% | 1.12% | 0.35% | 0.79% | 0.74% |
8 analysts predict ARCC's average Quarter EBITDA for Dec 23 to be $675.23M, with a high of $713.49M and a low of $662.94M. This is 131.24% upper than Ares Capital's previous annual EBITDA (Sep 23) of $292.00M.
Ares Capital Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 9 | 4 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $500.00M | $314.00M | $278.00M | $174.00M | $104.00M | $111.00M | $211.00M | $382.00M | $334.00M | $478.00M | $373.00M | $378.00M | $441.00M | $277.00M | $-612.00M | $204.00M | $175.00M |
| Avg Forecast | $342.24M | $340.84M | $341.97M | $342.96M | $348.77M | $348.35M | $350.63M | $353.00M | $366.91M | $377.42M | $368.76M | $324.84M | $379.85M | $369.75M | $360.64M | $295.31M | $403.39M | $303.65M | $272.11M | $233.45M | $304.99M | $274.33M | $262.06M | $364.12M | $248.31M | $236.71M | $234.87M | $-640.47M | $278.36M | $281.97M |
| High Forecast | $359.75M | $358.28M | $359.46M | $360.51M | $366.62M | $366.17M | $368.57M | $359.31M | $379.56M | $377.54M | $368.85M | $389.81M | $392.73M | $388.88M | $379.08M | $354.37M | $484.07M | $303.65M | $272.11M | $280.14M | $304.99M | $274.33M | $262.06M | $436.94M | $248.31M | $236.71M | $234.87M | $-512.37M | $278.36M | $281.97M |
| Low Forecast | $328.82M | $327.48M | $328.56M | $329.51M | $335.10M | $334.69M | $336.89M | $334.09M | $360.58M | $377.31M | $368.68M | $259.87M | $366.97M | $350.63M | $346.49M | $236.25M | $322.71M | $303.65M | $272.11M | $186.76M | $304.99M | $274.33M | $262.06M | $291.30M | $248.31M | $236.71M | $234.87M | $-768.56M | $278.36M | $281.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 0.87% | 0.94% | 0.43% | 0.34% | 0.41% | 0.90% | 1.25% | 1.22% | 1.82% | 1.02% | 1.52% | 1.86% | 1.18% | 0.96% | 0.73% | 0.62% |
Ares Capital's average Quarter net income forecast for Dec 23 is $379.85M, with a range of $366.97M to $392.73M. ARCC's average Quarter net income forecast represents a -24.03% decrease compared to the company's last Quarter net income of $500.00M (Sep 23).
Ares Capital SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 9 | 4 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.00M | $11.00M | $10.00M | $9.00M | $11.00M | $8.00M | $10.00M | $10.00M | $11.00M | $9.00M | $9.00M | $9.00M | $10.00M | $10.00M | $9.00M | $9.00M | $11.00M |
| Avg Forecast | $35.27M | $34.86M | $34.72M | $34.57M | $34.72M | $34.38M | $34.25M | $34.11M | $34.48M | $33.83M | $31.41M | $93.91M | $29.94M | $28.70M | $27.29M | $85.37M | $81.31M | $23.04M | $20.89M | $67.49M | $21.25M | $19.45M | $17.41M | $53.69M | $16.16M | $15.45M | $15.48M | $55.47M | $17.43M | $16.66M |
| High Forecast | $36.66M | $36.23M | $36.09M | $35.93M | $36.09M | $35.73M | $35.59M | $35.87M | $35.18M | $33.84M | $31.41M | $112.69M | $31.63M | $29.86M | $28.36M | $102.45M | $97.57M | $23.04M | $20.89M | $80.99M | $21.25M | $19.45M | $17.41M | $64.43M | $16.16M | $15.45M | $15.48M | $66.56M | $17.43M | $16.66M |
| Low Forecast | $34.21M | $33.81M | $33.68M | $33.52M | $33.68M | $33.34M | $33.21M | $33.06M | $33.48M | $33.81M | $31.41M | $75.13M | $29.39M | $26.08M | $26.47M | $68.30M | $65.05M | $23.04M | $20.89M | $53.99M | $21.25M | $19.45M | $17.41M | $42.95M | $16.16M | $15.45M | $15.48M | $44.37M | $17.43M | $16.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | 0.40% | 0.12% | 0.11% | 0.48% | 0.38% | 0.15% | 0.47% | 0.57% | 0.52% | 0.17% | 0.56% | 0.65% | 0.65% | 0.16% | 0.52% | 0.66% |
Ares Capital's average Quarter SG&A projection for Dec 23 is $29.94M, based on 8 Wall Street analysts, with a range of $29.39M to $31.63M. The forecast indicates a 149.48% rise compared to ARCC last annual SG&A of $12.00M (Sep 23).
Ares Capital EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 9 | 4 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.89 | $0.57 | $0.52 | $0.34 | $0.21 | $0.22 | $0.44 | $0.84 | $0.73 | $1.09 | $0.87 | $0.89 | $1.04 | $0.65 | $-1.42 | $0.48 | $0.41 |
| Avg Forecast | $0.54 | $0.54 | $0.54 | $0.54 | $0.55 | $0.55 | $0.55 | $0.56 | $0.58 | $0.59 | $0.58 | $0.60 | $0.60 | $0.58 | $0.57 | $0.59 | $0.56 | $0.49 | $0.44 | $0.47 | $0.50 | $0.45 | $0.43 | $0.42 | $0.40 | $0.38 | $0.38 | $0.43 | $0.45 | $0.46 |
| High Forecast | $0.57 | $0.56 | $0.57 | $0.57 | $0.58 | $0.58 | $0.58 | $0.57 | $0.60 | $0.59 | $0.58 | $0.60 | $0.62 | $0.61 | $0.60 | $0.62 | $0.59 | $0.49 | $0.44 | $0.47 | $0.50 | $0.45 | $0.43 | $0.42 | $0.40 | $0.38 | $0.38 | $0.43 | $0.45 | $0.46 |
| Low Forecast | $0.52 | $0.52 | $0.52 | $0.52 | $0.53 | $0.53 | $0.53 | $0.53 | $0.57 | $0.59 | $0.58 | $0.60 | $0.58 | $0.55 | $0.55 | $0.57 | $0.54 | $0.49 | $0.44 | $0.47 | $0.50 | $0.45 | $0.43 | $0.42 | $0.40 | $0.38 | $0.38 | $0.43 | $0.45 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.53% | 1.00% | 0.88% | 0.61% | 0.43% | 0.50% | 0.94% | 1.70% | 1.64% | 2.56% | 2.05% | 2.21% | 2.71% | 1.70% | -3.31% | 1.06% | 0.90% |
According to 8 Wall Street analysts, Ares Capital's projected average Quarter EPS for Dec 23 is $0.60, with a low estimate of $0.58 and a high estimate of $0.62. This represents a -32.79% decrease compared to ARCC previous annual EPS of $0.89 (Sep 23).
Ares Capital Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TPVG | TriplePoint Venture Growth BDC | $8.53 | $11.15 | 30.72% | Hold |
| CSWC | Capital Southwest | $22.97 | $25.50 | 11.01% | Buy |
| PFLT | PennantPark Floating Rate Capital | $11.04 | $12.00 | 8.70% | Hold |
| HTGC | Hercules Capital | $18.53 | $19.75 | 6.58% | Buy |
| ARCC | Ares Capital | $21.78 | $21.60 | -0.83% | Buy |
| MAIN | Main Street Capital | $53.18 | $52.00 | -2.22% | Buy |
| GLAD | Gladstone Capital | $23.74 | $23.00 | -3.12% | Hold |
| SCM | Stellus Capital Investment | $13.80 | $13.25 | -3.99% | Hold |
| CGBD | Carlyle Secured Lending | $17.52 | $16.00 | -8.68% | Hold |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |