Earnings Forecast Research on Ares Capital Corporation (ARCC)

Ares Capital Corporation has received $0.39 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 8 Financial Advisor in the Stock Trading Firms. Among 8 Analysts, Bottom line EPS Estimate for the current quarter is $0.37 while the top line estimate is $0.4 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -3.75%.

Ares Capital Corporation reported better than expected with a surprise EPS of 13.16% or $0.05 during its most recent quarterly earnings. The Actual EPS was $0.43 compared to the Estimated EPS of $0.38.

Ares Capital Corporation has a Price to Earnings ratio of 10.65 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.02. For the Most Recent Fiscal Year, Ares Capital Corporation has a price to cash ratio of 10.25. For the Trailing twelve month period, company showed a Net Profit Margin of 40.83% and Return on Equity of the stock is 9.57%.

In the last quarter, Ares Capital Corporation reported Annual Earnings of $0.43. Based on the filings, last years Annual Earnings was, $1.54. In the last Quarter, ARCC reported a surprise Earnings per Share of 13.16% . The consensus estimate for current quarter is $0.39 and for the current fiscal year, the estimate is $1.56. For the Next fiscal year, the estimate is $1.59 based on the consensus.

Ares Capital Corporation (NASDAQ:ARCC) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.24% at $16.9 with 1,768,740 shares getting traded. Post opening the session at $16.94, the shares hit an intraday low of $16.81 and an intraday high of $16.97 and the price was in this range throughout the day. The company has a market cap of $7,199 million and the number of outstanding shares has been calculated to be 425,954,010 shares. The 52-week high of Ares Capital Corporation (NASDAQ:ARCC) is $17.05 and the 52-week low is $12.31.

ARES CAPITAL CORPORATION is a specialty finance company that is a closed-end, non-diversified management investment company. Ares Capital Corporation has elected to be regulated as a business development company under the Investment Company Act of 1940. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private U.S. middle market companies.


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