Ares Capital Corp has a consensus price target of $19.65, established from looking at the 35 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, JP Morgan, and Truist Securities on May 23, 2024, May 2, 2024, and May 2, 2024. With an average price target of $22.33 between RBC Capital, JP Morgan, and Truist Securities, there's an implied 6.35% upside for Ares Capital Corp from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/23/2024 | Buy Now | 4.76% | RBC Capital | Kenneth Lee | → $22 | Reiterates | Outperform → Outperform | Get Alert |
05/02/2024 | Buy Now | 4.76% | JP Morgan | Melissa Wedel | $21.5 → $22 | Maintains | Overweight | Get Alert |
05/02/2024 | Buy Now | 9.52% | Truist Securities | Mark Hughes | $22 → $23 | Maintains | Buy | Get Alert |
05/02/2024 | Buy Now | 4.76% | Oppenheimer | Mitchel Penn | $21 → $22 | Maintains | Outperform | Get Alert |
03/26/2024 | Buy Now | — | JMP Securities | Devin Ryan | → $21 | Reiterates | Market Outperform → Market Outperform | Get Alert |
01/29/2024 | Buy Now | -4.76% | Wells Fargo | Timothy O'Shea | $19 → $20 | Maintains | Equal-Weight | Get Alert |
01/08/2024 | Buy Now | — | B. Riley Securities | Bryce Rowe | → $21 | Downgrade | Buy → Neutral | Get Alert |
10/25/2023 | Buy Now | — | JP Morgan | Melissa Gorham | $20.5 → $21 | Maintains | Overweight | Get Alert |
07/26/2023 | Buy Now | — | Citigroup | Arren Cyganovich | $20 → $21 | Maintains | Buy | Get Alert |
07/26/2023 | Buy Now | — | RBC Capital | Kenneth Lee | $20 → $21 | Maintains | Outperformer | Get Alert |
07/26/2023 | Buy Now | -5.95% | Wells Fargo | Timothy O'Shea | $19.5 → $19.75 | Maintains | Equal-Weight | Get Alert |
07/26/2023 | Buy Now | -4.76% | JMP Securities | Devin Ryan | → $20 | Reiterates | Market Outperform → Market Outperform | Get Alert |
06/16/2023 | Buy Now | -2.38% | B. Riley Securities | Bryce Rowe | → $20.5 | Initiates | → Buy | Get Alert |
04/28/2023 | Buy Now | -4.76% | Citigroup | Arren Cyganovich | $22 → $20 | Maintains | Buy | Get Alert |
04/27/2023 | Buy Now | -4.76% | JMP Securities | Devin Ryan | $23 → $20 | Maintains | Outperform | Get Alert |
04/26/2023 | Buy Now | -4.76% | RBC Capital | Kenneth Lee | $21 → $20 | Maintains | Outperform | Get Alert |
04/18/2023 | Buy Now | -14.29% | Wells Fargo | Timothy O'Shea | → $18 | Downgrade | Overweight → Equal-Weight | Get Alert |
03/13/2023 | Buy Now | 9.52% | JMP Securities | Devin Ryan | → $23 | Reiterates | → Market Outperform | Get Alert |
02/08/2023 | Buy Now | 4.76% | Citigroup | Arren Cyganovich | $21 → $22 | Maintains | Buy | Get Alert |
02/08/2023 | Buy Now | -2.38% | JP Morgan | Melissa Gorham | $21 → $20.5 | Maintains | Overweight | Get Alert |
10/27/2022 | Buy Now | — | Citigroup | Arren Cyganovich | $24 → $21 | Maintains | Buy | Get Alert |
10/26/2022 | Buy Now | -2.38% | Raymond James | Robert Dodd | $21 → $20.5 | Maintains | Outperform | Get Alert |
10/26/2022 | Buy Now | -4.76% | Wells Fargo | Finian O'Shea | $19 → $20 | Maintains | Overweight | Get Alert |
10/24/2022 | Buy Now | -9.52% | Wells Fargo | Finian O'Shea | $20 → $19 | Maintains | Overweight | Get Alert |
07/28/2022 | Buy Now | 4.76% | JMP Securities | Devin Ryan | $24 → $22 | Maintains | Market Outperform | Get Alert |
07/27/2022 | Buy Now | — | Raymond James | Robert Dodd | $23 → $21 | Maintains | Outperform | Get Alert |
04/27/2022 | Buy Now | 2.38% | Wells Fargo | Finian O'Shea | $23 → $21.5 | Maintains | Overweight | Get Alert |
04/27/2022 | Buy Now | — | JP Morgan | Richard Shane | — | Upgrade | Neutral → Overweight | Get Alert |
04/25/2022 | Buy Now | 9.52% | Wells Fargo | Finian O'Shea | $22.5 → $23 | Maintains | Overweight | Get Alert |
02/10/2022 | Buy Now | 9.52% | Raymond James | Robert Dodd | $22 → $23 | Maintains | Outperform | Get Alert |
12/03/2021 | Buy Now | 4.76% | Janney Montgomery Scott | John Rowan | — | Initiates | → Buy | Get Alert |
10/27/2021 | Buy Now | 4.76% | Raymond James | Robert Dodd | — | Maintains | Outperform | Get Alert |
10/25/2021 | Buy Now | 8.33% | Wells Fargo | Finian O'Shea | — | Maintains | Overweight | Get Alert |
08/02/2021 | Buy Now | — | Raymond James | Robert Dodd | — | Maintains | Outperform | Get Alert |
07/30/2021 | Buy Now | 4.76% | RBC Capital | Kenneth Lee | — | Maintains | Outperform | Get Alert |
The latest price target for Ares Capital (NASDAQ:ARCC) was reported by RBC Capital on May 23, 2024. The analyst firm set a price target for $22.00 expecting ARCC to rise to within 12 months (a possible 4.76% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Ares Capital (NASDAQ:ARCC) was provided by RBC Capital, and Ares Capital reiterated their outperform rating.
The last upgrade for Ares Capital Corp happened on April 27, 2022 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Ares Capital Corp.
The last downgrade for Ares Capital Corp happened on January 8, 2024 when B. Riley Securities changed their price target from N/A to $21 for Ares Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ares Capital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ares Capital was filed on May 23, 2024 so you should expect the next rating to be made available sometime around May 23, 2025.
While ratings are subjective and will change, the latest Ares Capital (ARCC) rating was a reiterated with a price target of $22.00 to $22.00. The current price Ares Capital (ARCC) is trading at is $21.00, which is out of the analyst’s predicted range.
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