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Ares Capital Corporation (ARCC)

Financial Services | Asset Management | Los Angeles, United States | NasdaqGS
19.95 USD +0.07 (0.352%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 19.97 +0.02 (0.097%) ⇧ (Aug. 28, 2026, 7:50 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 6:07 a.m. EDT

The long-term outlook remains solid, driven by a fortress-like balance sheet and a nearly decade-long track record of consistent price appreciation (+41% over 9 years). The business has demonstrated resilience, avoiding multi-year structural declines despite recent earnings misses and rising expenses. However, the short-term picture is clouded by a disconnect between the company's steady fundamentals and the market's reaction to recent results. The massive accumulation of deep out-of-the-money puts by speculators signals a fear of a sharp, unexpected drop, which contrasts sharply with the moderate statistical forecast suggesting only a slight downward drift. While the dividend yield is attractive, the payout ratio exceeding 100% indicates the company is distributing more than its current earnings, relying on capital recycling or reserves to maintain the stream, which caps the dividend rating at neutral. Investors should view this as a high-quality asset currently facing temporary headwinds and speculative overreaction, making it a hold for the long term but a cautious wait-and-see for the immediate future.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.020510
MSTL0.021655
AutoETS0.022451
AutoARIMA0.022517

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 57%
H-stat 0.21
Ljung-Box p 0.000
Jarque-Bera p 0.541
Excess Kurtosis 0.09
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-14
Last Dividend Date 2026-06-14
Debt to Equity Ratio 114.117
Revenue per Share 4.344
Market Cap 14,324,556,800
Trailing P/E 14.89
Forward P/E 10.32
Beta 0.62
Profit Margins 30.91%
Website https://arcc.ares.com

As of Aug. 22, 2026, 6:07 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts across multiple expirations, particularly at strikes significantly below the current price (e.g., 10, 15, 16). This suggests a fear of a significant downside gap or a 'crash' scenario rather than a gradual decline. Conversely, call activity is concentrated near the money and slightly out-of-the-money, indicating a belief that the stock will likely trade sideways or drift up modestly, but without the aggressive leverage seen in the put writing. The disparity between the volume/interest in deep OTM puts versus the relatively light call positioning implies a hedging strategy by existing holders rather than a pure bearish bet.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.58% 9.88% 9.53% 9.58%
Dividend History
Date Dividend Yield %
2026-06-15 0.480000 2.577873
2026-03-13 0.480000 2.687570
2025-12-15 0.480000 2.363368
2025-09-15 0.480000 2.252464
2025-06-13 0.480000 2.229447
2025-03-14 0.480000 2.255639
2024-12-13 0.480000 2.213001
2024-09-13 0.480000 2.356406
2024-06-14 0.480000 2.321083
2024-03-14 0.480000 2.401201
2023-12-14 0.480000 2.431611
2023-09-14 0.480000 2.487047
2023-06-14 0.480000 2.588997
2023-03-14 0.480000 2.690583
2022-12-14 0.510000 2.728732
2022-09-14 0.460000 2.417236
2022-06-14 0.450000 2.530934
2022-03-14 0.450000 2.280791
2021-12-14 0.410000 2.056168
2021-09-14 0.410000 2.044888
2021-06-14 0.400000 2.027370
2021-03-12 0.400000 2.154012
2020-12-14 0.400000 2.450980
2020-09-14 0.400000 2.807018
2020-06-12 0.400000 2.704530
2020-03-13 0.400000 2.730375
2019-12-13 0.420000 2.270270
2019-09-13 0.420000 2.208202
2019-06-13 0.420000 2.375566
2019-03-14 0.420000 2.457578
2018-12-13 0.390000 2.446675
2018-09-13 0.390000 2.270081
2018-06-14 0.380000 2.270012
2018-03-14 0.380000 2.439024
2017-12-14 0.380000 2.385436
2017-09-14 0.380000 2.411167
2017-06-13 0.380000 2.314251
2017-03-13 0.380000 2.205456
2016-12-13 0.380000 2.325581
2016-09-13 0.380000 2.473958
2016-06-13 0.380000 2.664797
2016-03-11 0.380000 2.718169
2015-12-11 0.380000 2.640723
2015-09-11 0.380000 2.557201
2015-06-11 0.380000 2.367601
2015-03-11 0.430000 2.556480
2014-12-11 0.380000 2.451613
2014-09-11 0.380000 2.279544
2014-06-12 0.380000 2.228739
2014-03-12 0.430000 2.464183
2013-12-12 0.430000 2.482679
2013-09-12 0.380000 2.185164
2013-06-12 0.380000 2.307225
2013-03-13 0.380000 2.101770
2012-12-12 0.430000 2.510216
2012-09-12 0.430000 2.491309
2012-06-13 0.370000 2.431012
2012-03-13 0.370000 2.239709
2011-12-13 0.360000 2.408027
2011-09-13 0.350000 2.473498
2011-06-13 0.350000 2.168525
2011-03-11 0.350000 2.031341
2010-12-13 0.350000 2.047981
2010-09-13 0.350000 2.247913
2010-06-11 0.350000 2.600297
2010-03-11 0.350000 2.530730
2009-12-11 0.350000 2.963590
2009-09-11 0.350000 3.531786
2009-06-11 0.350000 4.533679
2009-03-12 0.420000 12.650603
2008-12-11 0.420000 7.446809
2008-09-11 0.420000 3.626943
2008-06-12 0.420000 3.639515
2008-03-13 0.413793 3.225806
2007-12-12 0.413793 2.783300
2007-09-12 0.413793 2.727272
2007-06-13 0.403941 2.307260
2007-03-15 0.403941 2.205487
2006-12-13 0.492611 2.675228
2006-09-13 0.394089 2.352943
2006-06-13 0.374384 2.322737
2006-03-22 0.354680 2.079724
2005-12-20 0.334975 2.085887
2005-09-14 0.334975 1.988302
2005-06-28 0.315271 1.787710
2005-03-03 0.295567 1.737119
2004-12-22 0.295567 1.573154
Additional Data
dividendRate 1.92
dividendYield 9.66
exDividendDate 2026-09-15
trailingAnnualDividendRate 1.92
trailingAnnualDividendYield 0.09657948
lastDividendValue 0.48
lastDividendDate 2026-06-15
dividendDate 2026-09-30

Info Dump

Attribute Value
52 Week Change -0.10931897
Address1 1,800 Avenue of the Stars
Address2 Suite 1400
All Time High 23.84
All Time Low 3.12
Ask 22.73
Ask Size 1
Audit Risk 4
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 3,121,750
Average Daily Volume3 Month 4,702,253
Average Volume 4,702,253
Average Volume10Days 3,121,750
Beta 0.62
Bid 17.03
Bid Size 1
Board Risk 9
Book Value 19.347
City Los Angeles
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 19.95
Current Ratio 0.613
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 19.979
Day Low 19.84
Debt To Equity 114.117
Display Name Ares Capital
Dividend Date 1,790,726,400
Dividend Rate 1.92
Dividend Yield 9.66
Earnings Call Timestamp End 1,785,340,800
Earnings Call Timestamp Start 1,785,340,800
Earnings Growth -0.541
Earnings Quarterly Growth -0.526
Earnings Timestamp 1,785,328,200
Earnings Timestamp End 1,793,104,200
Earnings Timestamp Start 1,793,104,200
Ebitda Margins 0.0
Enterprise To Revenue 9.587
Enterprise Value 29,778,554,880
Eps Current Year 1.90721
Eps Forward 1.93256
Eps Trailing Twelve Months 1.34
Esg Populated 0
Ex Dividend Date 1,789,430,400
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 310 432 8632
Fifty Day Average 19.0456
Fifty Day Average Change 0.9043999
Fifty Day Average Change Percent 0.047486026
Fifty Two Week Change Percent -10.931897
Fifty Two Week High 22.51
Fifty Two Week High Change -2.5599995
Fifty Two Week High Change Percent -0.113727205
Fifty Two Week Low 17.4
Fifty Two Week Low Change 2.5500011
Fifty Two Week Low Change Percent 0.14655179
Fifty Two Week Range 17.4 - 22.51
Financial Currency USD
First Trade Date Milliseconds 1,096,983,000,000
Five Year Avg Dividend Yield 9.0
Forward Eps 1.93256
Forward P E 10.323095
Free Cashflow 759,500,032
Full Exchange Name NasdaqGS
Fullday Change 0.0700016
Fullday Change Percent 0.352121
Fullday Price 19.9694
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 1.0
Gross Profits 3,105,999,872
Has Pre Post Market Data 1
Held Percent Insiders 0.00559
Held Percent Institutions 0.35933
Implied Shares Outstanding 718,022,845
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,781,481,600
Last Dividend Value 0.48
Last Fiscal Year End 1,767,139,200
Long Business Summary Ares Capital Corporation is a business development company specializing in growth capital, 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 sports, media & entertainment, industrials & business services, infrastructure & power, financial institution groups, software & technology, specialty healthcare, consumer, retail & services, energy and the basic and growth manufacturing, consumer products, health care products, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It invests in the United States based companies. 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 $30 million and $500 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.
Long Name Ares Capital Corporation
Market us_market
Market Cap 14,324,556,800
Market State CLOSED
Max Age 86,400
Message Board Id finmb_9771238
Most Recent Quarter 1,782,777,600
Net Income To Common 960,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 14,274,294,158
Number Of Analyst Opinions 13
Open 19.9
Operating Cashflow -680,000,000
Operating Margins 0.75651
Overall Risk 6
Payout Ratio 1.4327999
Peg Ratio 3.72
Phone 310 201 4100
Post Market Change 0.019399643
Post Market Change Percent 0.09724131
Post Market Price 19.9694
Post Market Time 1,787,961,048
Previous Close 19.88
Price Eps Current Year 10.460306
Price Hint 2
Price To Book 1.0311676
Price To Sales Trailing12 Months 4.611899
Profit Margins 0.30908
Quick Ratio 0.463
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.71429
Region US
Regular Market Change 0.0700016
Regular Market Change Percent 0.352121
Regular Market Day High 19.979
Regular Market Day Low 19.84
Regular Market Day Range 19.84 - 19.979
Regular Market Open 19.9
Regular Market Previous Close 19.88
Regular Market Price 19.95
Regular Market Time 1,787,947,201
Regular Market Volume 4,034,835
Return On Assets 0.04938
Return On Equity 0.06876
Revenue Growth 0.031
Revenue Per Share 4.344
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 6
Shares Outstanding 718,022,845
Shares Percent Shares Out 0.0553
Shares Short 39,728,261
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 45,290,769
Short Name Ares Capital Corporation
Short Percent Of Float 0.0556
Short Ratio 8.56
Source Interval 15
State CA
Symbol ARCC
Target High Price 23.0
Target Low Price 19.0
Target Mean Price 20.61538
Target Median Price 20.5
Total Cash 398,000,000
Total Cash Per Share 0.554
Total Debt 15,852,000,256
Total Revenue 3,105,999,872
Tradeable 0
Trailing Annual Dividend Rate 1.92
Trailing Annual Dividend Yield 0.09657948
Trailing Eps 1.34
Trailing P E 14.88806
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.29545
Two Hundred Day Average Change 0.65455055
Two Hundred Day Average Change Percent 0.033922534
Type Disp Equity
Volume 4,034,835
Website https://arcc.ares.com
Zip 90,067-4733