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 6.04% upside from ARCC’s last price of $20.37) 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 6.04% upside from ARCC's last price of $20.37.
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% | 8.00% |
| Jul 18, 2024 | Doug Harter | UBS | $22.00 | $21.07 | 4.41% | 8.00% |
| May 23, 2024 | Kanneth Lee | RBC Capital | $22.00 | $21.30 | 3.29% | 8.00% |
| Feb 08, 2023 | - | Citigroup | $22.00 | $20.02 | 9.89% | 8.00% |
| Feb 08, 2023 | - | J.P. Morgan | $20.50 | $20.04 | 2.30% | 0.64% |
| Apr 27, 2022 | - | Wells Fargo | $21.50 | $19.80 | 8.59% | 5.55% |
| Apr 27, 2022 | Bryce Rowe | Hovde Group | $21.00 | $19.80 | 6.06% | 3.09% |
| Apr 25, 2022 | - | Wells Fargo | $23.00 | $21.81 | 5.46% | 12.91% |
| Oct 26, 2021 | John Hecht | Jefferies | $24.00 | $20.50 | 17.07% | 17.82% |
| Jul 29, 2021 | Mark Devries | Barclays | $20.00 | $18.64 | 7.30% | -1.82% |
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 8.00% increase from ARCC last price ($20.37).
Ares Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $22.00 | $22.00 |
| Last Closing Price | $20.37 | $20.37 | $20.37 |
| Upside/Downside | -100.00% | 8.00% | 8.00% |
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 $20.37. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Apr 27, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Ares Capital's last stock rating was published by RBC Capital on Jul 30, 2024. The company gave ARCC a "Market Outperform" 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 | Jul 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 | - | $282.00M | $400.00M | $350.00M | $498.00M | $430.00M | $394.00M | $455.00M | $292.00M | $305.00M | $216.00M | $181.00M |
| Avg Forecast | $761.62M | $768.20M | $774.56M | $792.75M | $764.36M | $761.76M | $761.97M | $761.50M | $774.76M | $769.79M | $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 | $789.56M | $796.38M | $802.97M | $821.83M | $792.40M | $789.71M | $789.92M | $789.44M | $803.18M | $798.41M | $741.58M | $729.67M | $720.54M | $680.03M | $644.35M | $656.15M | $602.89M | $530.63M | $464.12M | $504.09M | $491.17M | $449.60M | $402.26M | $402.26M | $373.56M | $356.97M | $357.74M | $392.55M | $402.84M | $385.05M |
| Low Forecast | $732.91M | $739.24M | $745.36M | $762.87M | $735.55M | $733.05M | $733.25M | $732.80M | $745.56M | $748.49M | $688.37M | $677.32M | $669.48M | $594.09M | $598.12M | $609.07M | $559.64M | $492.56M | $464.12M | $466.75M | $454.78M | $416.30M | $372.46M | $372.46M | $345.89M | $330.52M | $331.24M | $363.47M | $373.00M | $356.53M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.80% | 0.48% | 0.35% | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $292.00M | $320.00M | $407.00M | $320.00M | $223.00M | - | $317.00M | $495.00M | $433.00M | $576.00M | $464.00M | $467.00M | $522.00M | $358.00M | $-527.00M | $286.00M | $256.00M |
| Avg Forecast | $708.12M | $714.23M | $720.15M | $737.06M | $710.66M | $708.25M | $708.44M | $708.01M | $720.33M | $715.71M | $665.08M | $488.03M | $634.00M | $607.83M | $577.88M | $443.67M | $540.70M | $386.86M | $431.51M | $350.72M | $439.02M | $413.76M | $359.54M | $359.54M | $303.55M | $319.06M | $319.76M | $-1.52B | $216.09M | $136.78M |
| High Forecast | $734.09M | $740.43M | $746.56M | $764.10M | $736.74M | $734.23M | $734.43M | $733.98M | $746.76M | $742.32M | $689.48M | $585.64M | $669.92M | $632.26M | $599.08M | $532.40M | $560.54M | $464.23M | $431.51M | $420.87M | $456.66M | $496.51M | $374.00M | $374.00M | $364.26M | $331.89M | $332.61M | $-1.22B | $259.31M | $164.14M |
| Low Forecast | $681.42M | $687.31M | $693.00M | $709.28M | $683.88M | $681.55M | $681.74M | $681.32M | $693.18M | $695.91M | $640.01M | $390.43M | $622.45M | $552.36M | $556.10M | $354.93M | $520.32M | $309.49M | $431.51M | $280.58M | $422.84M | $331.00M | $346.29M | $346.29M | $242.84M | $307.30M | $307.97M | $-1.83B | $172.87M | $109.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 0.55% | 0.92% | 0.59% | 0.58% | - | 0.90% | 1.13% | 1.05% | 1.60% | 1.29% | 1.54% | 1.64% | 1.12% | 0.35% | 1.32% | 1.87% |
8 analysts predict ARCC's average Quarter EBITDA for Dec 23 to be $634.00M, with a high of $669.92M and a low of $622.45M. This is 117.12% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $500.00M | $314.00M | $278.00M | $174.00M | $104.00M | - | $211.00M | $382.00M | $334.00M | $478.00M | $373.00M | $378.00M | $441.00M | $277.00M | $-612.00M | $204.00M | $175.00M |
| Avg Forecast | $316.35M | $312.51M | $318.95M | $325.91M | $341.60M | $339.97M | $343.56M | $346.54M | $364.88M | $365.90M | $357.73M | $324.84M | $368.49M | $358.69M | $349.84M | $295.31M | $344.02M | $298.41M | $261.06M | $233.45M | $366.72M | $319.16M | $366.84M | $364.12M | $245.70M | $429.39M | $269.71M | $-640.47M | $199.47M | $167.39M |
| High Forecast | $331.44M | $327.41M | $334.16M | $341.45M | $357.90M | $356.18M | $359.94M | $363.06M | $382.28M | $378.30M | $374.79M | $389.81M | $380.98M | $377.24M | $366.53M | $354.37M | $360.42M | $358.09M | $261.06M | $280.14M | $440.06M | $382.99M | $440.20M | $436.94M | $294.84M | $515.27M | $323.65M | $-512.37M | $239.36M | $200.87M |
| Low Forecast | $300.85M | $297.20M | $303.32M | $309.94M | $324.87M | $323.31M | $326.72M | $329.55M | $347.00M | $353.49M | $340.20M | $259.87M | $355.99M | $340.14M | $332.70M | $236.25M | $327.16M | $238.73M | $261.06M | $186.76M | $293.38M | $255.32M | $293.47M | $291.30M | $196.56M | $343.52M | $215.77M | $-768.56M | $159.57M | $133.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 0.90% | 0.94% | 0.51% | 0.35% | - | 0.90% | 1.04% | 1.05% | 1.30% | 1.02% | 1.54% | 1.03% | 1.03% | 0.96% | 1.02% | 1.05% |
Ares Capital's average Quarter net income forecast for Dec 23 is $368.49M, with a range of $355.99M to $380.98M. ARCC's average Quarter net income forecast represents a -26.30% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.00M | $11.00M | $10.00M | $9.00M | $11.00M | - | $10.00M | $10.00M | $11.00M | $9.00M | $9.00M | $9.00M | $10.00M | $10.00M | $9.00M | $9.00M | $11.00M |
| Avg Forecast | $34.28M | $34.58M | $34.86M | $35.68M | $34.40M | $34.29M | $34.30M | $34.27M | $34.87M | $34.65M | $32.20M | $93.91M | $30.69M | $29.43M | $27.98M | $85.37M | $26.18M | $57.18M | $20.89M | $67.49M | $73.92M | $61.16M | $52.19M | $53.69M | $42.90M | $50.63M | $49.66M | $55.47M | $55.73M | $57.39M |
| High Forecast | $35.54M | $35.84M | $36.14M | $36.99M | $35.67M | $35.54M | $35.55M | $35.53M | $36.15M | $35.94M | $33.38M | $112.69M | $32.43M | $30.61M | $29.00M | $102.45M | $27.14M | $68.62M | $20.89M | $80.99M | $88.70M | $73.39M | $62.62M | $64.43M | $51.48M | $60.76M | $59.59M | $66.56M | $66.88M | $68.87M |
| Low Forecast | $32.99M | $33.27M | $33.55M | $34.34M | $33.11M | $32.99M | $33.00M | $32.98M | $33.56M | $33.69M | $30.98M | $75.13M | $30.13M | $26.74M | $26.92M | $68.30M | $25.19M | $45.74M | $20.89M | $53.99M | $59.14M | $48.92M | $41.75M | $42.95M | $34.32M | $40.51M | $39.73M | $44.37M | $44.59M | $45.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 0.39% | 0.12% | 0.34% | 0.19% | - | 0.15% | 0.14% | 0.18% | 0.17% | 0.17% | 0.21% | 0.20% | 0.20% | 0.16% | 0.16% | 0.19% |
Ares Capital's average Quarter SG&A projection for Dec 23 is $30.69M, based on 8 Wall Street analysts, with a range of $30.13M to $32.43M. The forecast indicates a 155.77% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 8 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.89 | $0.57 | $0.52 | $0.34 | $0.21 | - | $0.44 | $0.84 | $0.73 | $1.09 | $0.87 | $0.89 | $1.04 | $0.65 | $-1.42 | $0.48 | $0.41 |
| Avg Forecast | $0.51 | $0.51 | $0.52 | $0.53 | $0.55 | $0.55 | $0.56 | $0.56 | $0.59 | $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 | $0.54 | $0.53 | $0.54 | $0.55 | $0.58 | $0.58 | $0.58 | $0.59 | $0.62 | $0.61 | $0.61 | $0.63 | $0.62 | $0.61 | $0.60 | $0.62 | $0.59 | $0.52 | $0.44 | $0.49 | $0.52 | $0.47 | $0.45 | $0.45 | $0.42 | $0.40 | $0.40 | $0.45 | $0.48 | $0.48 |
| Low Forecast | $0.49 | $0.48 | $0.49 | $0.50 | $0.53 | $0.52 | $0.53 | $0.53 | $0.56 | $0.57 | $0.55 | $0.57 | $0.58 | $0.55 | $0.54 | $0.56 | $0.53 | $0.47 | $0.44 | $0.44 | $0.47 | $0.42 | $0.41 | $0.40 | $0.38 | $0.37 | $0.36 | $0.41 | $0.43 | $0.44 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.53% | 1.00% | 0.88% | 0.61% | 0.43% | - | 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 | $11.25 | 31.89% | Hold |
| ARCC | Ares Capital | $20.37 | $21.60 | 6.04% | Buy |
| MAIN | Main Street Capital | $49.95 | $52.00 | 4.10% | Buy |
| PFLT | PennantPark Floating Rate Capital | $11.61 | $12.00 | 3.36% | Hold |
| CSWC | Capital Southwest | $24.91 | $25.50 | 2.37% | Buy |
| HTGC | Hercules Capital | $19.38 | $19.75 | 1.91% | Buy |
| SCM | Stellus Capital Investment | $13.75 | $13.25 | -3.64% | Hold |
| CGBD | Carlyle Secured Lending | $17.52 | $16.00 | -8.68% | Hold |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |
ARCC Forecast FAQ
Is Ares Capital a good buy?
Yes, according to 8 Wall Street analysts, Ares Capital (ARCC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 75.00% of ARCC's total ratings.
What is ARCC's price target?
Ares Capital (ARCC) average price target is $21.6 with a range of $20 to $24, implying a 6.04% from its last price of $20.37. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ares Capital stock go up soon?
According to Wall Street analysts' prediction for ARCC stock, the company can go up by 6.04% (from the last price of $20.37 to the average price target of $21.6), up by 17.82% based on the highest stock price target, and down by -1.82% based on the lowest stock price target.
Can Ares Capital stock reach $30?
ARCC's average twelve months analyst stock price target of $21.6 does not support the claim that Ares Capital can reach $30 in the near future.
What are Ares Capital's analysts' financial forecasts?
Ares Capital's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.05B (high $3.16B, low $2.93B), average EBITDA is $2.84B (high $2.94B, low $2.73B), average net income is $1.37B (high $1.44B, low $1.3B), average SG&A $137.26M (high $142.3M, low $132.09M), and average EPS is $2.23 (high $2.33, low $2.12). ARCC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.1B (high $3.21B, low $2.98B), average EBITDA is $2.88B (high $2.99B, low $2.77B), average net income is $1.27B (high $1.33B, low $1.21B), average SG&A $139.4M (high $144.51M, low $134.15M), and average EPS is $2.07 (high $2.17, low $1.97).
Did the ARCC's actual financial results beat the analysts' financial forecasts?
Based on Ares Capital's last annual report (Dec 2023), the company's revenue was $2.08B, which missed the average analysts forecast of $2.59B by -19.50%. Apple's EBITDA was $1.29B, missing the average prediction of $2.26B by -43.18%. The company's net income was $1.27B, missing the average estimation of $1.37B by -7.75%. Apple's SG&A was $42M, missing the average forecast of $173.47M by -75.79%. Lastly, the company's EPS was $2.29, missing the average prediction of $2.34 by -2.00%. In terms of the last quarterly report (Sep 2023), Ares Capital's revenue was $528M, missing the average analysts' forecast of $653.75M by -19.24%. The company's EBITDA was $292M, missing the average prediction of $607.83M by -51.96%. Ares Capital's net income was $500M, beating the average estimation of $358.69M by 39.40%. The company's SG&A was $12M, missing the average forecast of $29.43M by -59.22%. Lastly, the company's EPS was $0.89, beating the average prediction of $0.582 by 52.84%