Ares Capital Corp [NASDAQ: ARCC] closed the trading session at $21.32.
The stocks have a year to date performance of -2.60 percent and weekly performance of -4.57 percent. The stock has been moved at -3.44 percent over the last six months. The stock has performed -2.69 percent around the most recent 30 days and changed -2.29 percent over the most recent 3-months.
If compared to the average trading volume of 5.13M shares, ARCC reached to a volume of 5150153 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Ares Capital Corp [ARCC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARCC shares is $22.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARCC stock is a recommendation set at 1.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Ares Capital Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on February 06, 2025. The new note on the price target was released on December 12, 2024, representing the official price target for Ares Capital Corp stock. Previously, the target price had yet another raise to $23, while Wells Fargo analysts kept a Overweight rating on ARCC stock.
The Average True Range (ATR) for Ares Capital Corp is set at 0.34, with the Price to Sales ratio for ARCC stock in the period of the last 12 months amounting to 4.90. The Price to Book ratio for the last quarter was 1.08.
ARCC stock trade performance evaluation
Ares Capital Corp [ARCC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.57. With this latest performance, ARCC shares dropped by -2.69% in over the last four-week period, additionally sinking by -3.44% over the last 6 months – not to mention a rise of 0.24% in the past year of trading.
#####
Ares Capital Corp [ARCC]: Institutional Ownership
The top three institutional holders of ARCC stocks are: MORGAN STANLEY with ownership of 16.01 million shares, which is approximately 2.5991%. VAN ECK ASSOCIATES CORP, holding 11.68 million shares of the stock with an approximate value of $$243.43 million in ARCC stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$138.68 million in ARCC stock with ownership which is approximately 1.0803%.
