US04010L1035 - Common Stock
ARES CAPITAL CORP
NASDAQ:ARCC (5/8/2024, 2:54:10 PM)
20.79
-0.01 (-0.05%)
Ares Commercial Finance provides asset-based cash flow solutions to small and middle-market companies. The company is headquartered in New York City, New York and currently employs 2,550 full-time employees. The company went IPO on 2012-10-08. The firm's investment objective is to generate both current income and capital appreciation through debt and equity investments. The company invests primarily in United States middle-market companies. The company invests primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position), and second lien senior secured loans. In addition to senior secured loans, it also invests in subordinated debt, which in some cases includes an equity component, and preferred equity. The company also may invest up to 30% of its portfolio in nonqualifying assets. Its investment activities are focused on industries such as software and services, health care services, commercial and professional services, diversified financials, and others. Its investment adviser is Ares Capital Management LLC.
ARES CAPITAL CORP
245 Park Avenue, 44Th Floor
New York City NEW YORK 10167
P: 12127507300
CEO: R. Kipp deVeer
Employees: 2550
Website: https://www.arescapitalcorp.com/
ARES CAPITAL CORP is showing promising signs of setting up for a breakout.
These cash-generating stocks can help you build sizable streams of passive income.
These highly advantaged businesses have what they need to keep raising their dividend payouts.
Income investors can buy in May and go away with these stocks.
ARCC stock results show that Ares Capital missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
Here you can normally see the latest stock twits on ARCC, but your cookie settings prevent this from loading. You can edit your cookie settings in our cookie consent dialog.
Example Twits: