Ares Capital

Ares Capital Corp. is a closed-end, non-diversified management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company was founded on April 1, 2004 and is headquartered in New York, NY.

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Ares Capital reports robust Q2 earnings, poised for growth

Ares Capital's Q2 2024 earnings call highlighted strong financial performance, robust deal flow, and a commitment to shareholder returns through dividends. The company's proactive approach to accessing funding markets and maintaining a strong credit profile positions it well for future opportunities and growth.

Ares Capital reports record earnings and growth amidst market challenges

Ares Capital delivered strong financial performance in Q3 2024, with robust core earnings and record NAV per share. Despite facing potential challenges in market dynamics, the company remains well-positioned for growth and success.

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My passive income stream increased by 25.59% YoY in April 2023 and 40.02% YoY in May 2023, with a year-to-date growth of 29.99%. I have been taking advantage of high yields on money market funds and short-term treasury ETFs, transitioning about 6.5% of my total portfolio value from a 0% yield into a high-yielding position. I have been making selective reinvestments and trades to increase my passive income stream and accelerate my journey towards financial freedom.

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Ares Capital continues its robust recovery from its March selloff. Dip buyers who braved the impact have been rewarded. Economists are turning less gloomy about macroeconomic conditions. The US economy has proved to be incredibly robust. While ARCC has moved well past its peak pessimism, its valuation is still attractive, suggesting buyers have not returned in full force.

Ares Capital: A High Yield Opportunity Priced At A Bargain

Part 1 of this article compares ARCC's recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 14 business development company peers. Part 1 also performs a comparative analysis between each company's investment portfolio as of 12/31/2022 and 3/31/2023. This includes an updated percentage of investments on non-accrual status. I also provide a list of the other BDC stocks I currently believe are undervalued (a buy recommendation), overvalued (a sell recommendation), and appropriately valued (a hold recommendation).

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Ares Capital Corporation offers a 10% yield and is a suitable choice for investors seeking income-producing positions in their portfolios. The company has six attractive traits, including management alignment with shareholders, modest balance sheet leverage, and a diversified asset portfolio. Cost of leverage is near rock bottom, and the portfolio largely consists of conservative senior secured loans.

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Ares Capital (ARCC) reported earnings 30 days ago. What's next for the stock?

Ares Capital (ARCC) Up 5.3% Since Last Earnings Report: Can It Continue?

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Ares Capital: The 10% Marvel That Dominates High-Yield Investing

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Investors must keep solid dividend-yielding stocks like Ares Capital (ARCC) on the radar amid the challenging macroeconomic environment.

Ares Capital (ARCC) Stock in Focus on 10.5% Dividend Yield

News for Ares Capital ETF (ARCC)