Ares Capital Corp has a consensus price target of $18.95, established from looking at the 33 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, Wells Fargo, and B. Riley Securities on March 26, 2024, January 29, 2024, and January 8, 2024. With an average price target of $20.67 between JMP Securities, Wells Fargo, and B. Riley Securities, there's an implied -0.69% downside for Ares Capital Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/26/2024 | ARCC | Buy Now | Ares Capital | $20.81 | 0.91% | JMP Securities | Devin Ryan | → $21 | Reiterates | Market Outperform → Market Outperform | Get Alert |
01/29/2024 | ARCC | Buy Now | Ares Capital | $20.81 | -3.89% | Wells Fargo | Timothy O'Shea | $19 → $20 | Maintains | Equal-Weight | Get Alert |
01/08/2024 | ARCC | Buy Now | Ares Capital | $20.81 | 0.91% | B. Riley Securities | Bryce Rowe | → $21 | Downgrade | Buy → Neutral | Get Alert |
10/25/2023 | ARCC | Buy Now | Ares Capital | $20.81 | 0.91% | JP Morgan | Melissa Gorham | $20.5 → $21 | Maintains | Overweight | Get Alert |
07/26/2023 | ARCC | Buy Now | Ares Capital | $20.81 | 0.91% | Citigroup | Arren Cyganovich | $20 → $21 | Maintains | Buy | Get Alert |
07/26/2023 | ARCC | Buy Now | Ares Capital | $20.81 | 0.91% | RBC Capital | Kenneth Lee | $20 → $21 | Maintains | Outperformer | Get Alert |
07/26/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -5.09% | Wells Fargo | Timothy O'Shea | $19.5 → $19.75 | Maintains | Equal-Weight | Get Alert |
07/26/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -3.89% | JMP Securities | Devin Ryan | → $20 | Reiterates | Market Outperform → Market Outperform | Get Alert |
06/16/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -1.49% | B. Riley Securities | Bryce Rowe | → $20.5 | Initiates | → Buy | Get Alert |
04/28/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -3.89% | Citigroup | Arren Cyganovich | $22 → $20 | Maintains | Buy | Get Alert |
04/27/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -3.89% | JMP Securities | Devin Ryan | $23 → $20 | Maintains | Outperform | Get Alert |
04/26/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -3.89% | RBC Capital | Kenneth Lee | $21 → $20 | Maintains | Outperform | Get Alert |
04/18/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -13.5% | Wells Fargo | Timothy O'Shea | → $18 | Downgrade | Overweight → Equal-Weight | Get Alert |
03/13/2023 | ARCC | Buy Now | Ares Capital | $20.81 | 10.52% | JMP Securities | Devin Ryan | → $23 | Reiterates | → Market Outperform | Get Alert |
02/08/2023 | ARCC | Buy Now | Ares Capital | $20.81 | 5.72% | Citigroup | Arren Cyganovich | $21 → $22 | Maintains | Buy | Get Alert |
02/08/2023 | ARCC | Buy Now | Ares Capital | $20.81 | -1.49% | JP Morgan | Melissa Gorham | $21 → $20.5 | Maintains | Overweight | Get Alert |
10/27/2022 | ARCC | Buy Now | Ares Capital | $20.81 | 0.91% | Citigroup | Arren Cyganovich | $24 → $21 | Maintains | Buy | Get Alert |
10/26/2022 | ARCC | Buy Now | Ares Capital | $20.81 | -1.49% | Raymond James | Robert Dodd | $21 → $20.5 | Maintains | Outperform | Get Alert |
10/26/2022 | ARCC | Buy Now | Ares Capital | $20.81 | -3.89% | Wells Fargo | Finian O'Shea | $19 → $20 | Maintains | Overweight | Get Alert |
The latest price target for Ares Capital (NASDAQ: ARCC) was reported by JMP Securities on March 26, 2024. The analyst firm set a price target for $21.00 expecting ARCC to rise to within 12 months (a possible 0.91% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Ares Capital (NASDAQ: ARCC) was provided by JMP Securities, and Ares Capital reiterated their market 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 March 26, 2024 so you should expect the next rating to be made available sometime around March 26, 2025.
While ratings are subjective and will change, the latest Ares Capital (ARCC) rating was a reiterated with a price target of $0.00 to $21.00. The current price Ares Capital (ARCC) is trading at is $20.81, which is within the analyst’s predicted range.
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