Ares Capital Corporation (ARCC) has been downgraded to HOLD due to valuation concerns, despite its strong credit management and leadership in the sector. The company's net investment income per share has declined to $0.50, and non-accrual loans have increased to 2.4% of cost, signaling some credit quality issues and earnings pressure. ARCC currently trades at 9.52 times net investment income and just below net asset value, leaving little valuation cushion. Investors are advised to be patient and consider buying around $18.00, where valuation metrics historically align better with value.
Ares Capital, a Business Development Company (BDC) with a yield over 10%, reported fairly positive quarterly results despite facing industry challenges such as private credit issues. The report ranks 20 top BDCs into three tiers and highlights Ares C...
Ares Capital Corporation reported solid second-quarter results, highlighting consistent core earnings and historically low non-accruing loans, signaling a healthy loan portfolio. The company declared a $0.48 per share dividend and maintains a 'buy' r...
Ares Capital Corporation announced a third quarter 2026 dividend of $0.48 per share payable on September 30, 2026. The company reported solid financial results for Q2 2026, with GAAP net income per share of $0.24 and core EPS of $0.47, supported by c...
