Ares Capital Corporation (ARCC) stock declined over -0.37% intraday to trade at $18.79 a share on NASDAQ. The stock opened with a gain of 4.68% at $17.87 and touched an intraday high of $18.93, rising 4.80% against the last close of $17.93. The stock went to a low of $17.87 during the session.
Number of Shares
Cash Flow per Share
Free Float in %
Sales or Revenue1.87 Billion
5Y Sales Change-
Fiscal Year Ends2021-12-30
IndustryAsset Management and Custody Banks
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
Ares Capital Corporation (NASDAQ: ARCC) stock price is $18.79 as of the last check on Friday, July 1. During the trading session, ARCC stock reached the peak price of $18.93 while $17.87 was the lowest point it dropped to.
The NASDAQ listed ARCC is part of Asset Management and Custody Banks industry that operates in the broader Financials sector. Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing.
Mr. Michael J. Arougheti
Co-Chairman & Exec. VP
Mr. Bennett Rosenthal
Co-Founder & Co-Chairman
Mr. Robert Kipp DeVeer III
CEO & Director
Mr. Michael Lewis Smith
ARCC stock traded closed the last session at $18.86, which is $-0.07 or -0.37% lower than its previous close of $17.93. ARCC's current trading price is 10.33% lower than its 52-week high of $22.93 where as its distance from 52-week low of 17.03% is -18.05%.
Number of ARCC employees currently stands at -. ARCC operates from 245 Park Avenue, 44th Floor, New York, NY 10167, United States.
Official Webiste of $ARCC is: https://www.arescapitalcorp.com
ARCC stock volume for the day was 2,562,136 shares while in the previous session number of ARCC shares traded was 4,270,700 . The average number of ARCC shares traded daily for last 3 months was 3.74 Million.
The percentage change in ARCC stock occurred in the recent session was -0.37% while the dollar amount for the price change in ARCC stock was $-0.07.
In the recent session, the day high for ARCC stock was $18.93 while the low for ARCC stock touched on the day was $17.87.
The market value of ARCC currently stands at 8.66 Billion with its latest stock price at $18.79 and 460.75 Million of its shares outstanding.