Kelly Daniel G Jr, Director, added 4,500 shares of Ares Capital Corporation (ARCC) to its portfolio at the rate of $18.01 per share valuing $81,045 on Jun 10. The insider has now 23,945 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Ares Capital Corporation (ARCC) was $17.68. Currently, the 1st Resistance Point for this stock is $17.81, with a 2nd Resistance Point sitting at $17.95. Meanwhile, this company’s stock has a 1st Support Level at $17.59 and a 2nd Support Level at $17.51. Ares Capital Corporation (ARCC) stock has lost -$0.21, or -1.17%, in the past five days. In the last full month, these shares have gained $0.16, or 0.91%. In the past three months, this stock’s price has risen by $0.26, or 1.49%. This year-to-date, Ares Capital Corporation (ARCC) shares have gained $2.10, or 13.48%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Ares Capital Corporation (ARCC) stock, 40% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”
With 426,298 K shares outstanding, this company currently has a market capitalization of $7,686,154K. Ares Capital Corporation (ARCC) generates $1,337 M in annual sales, amounting to annual net income of $858,000 K. This stock has generated a 1-Year Total Return of 4.68%, a 3-Year Total Return of 26.11%, and a 5-year Total Return of 2.97%. This stock’s 5-Year Dividend Growth is -1.91%, with its most recent dividend valued at $0.060 per share on 06/13/19. Its Annual Dividend Yield is 8.89%, and its Annual Dividend Rate is 1.60.
In the most recently-reported fiscal quarter, which ended in Mar-19, Ares Capital Corporation (ARCC) reported earnings of $0.48 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.42 per share, representing a 0.06 difference and 13.10% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.45 represented a 0.04 difference from the consensus estimate calling for $0.41 per share, which was a 9.36% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.44 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $0.45 and the low estimate was $0.41. In the year-ago quarter, Ares Capital Corporation (ARCC) generated per-share earnings of $0.39. If the analysts are correct about the current quarter’s earnings, the growth will be +12.82% .
Turning our focus now to insider trading activity, there have been 6 purchases (15,965 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 9 insider buys amounting to 16,565 shares and 0 insider sales amounting to 0 shares. In the past full year, 17 insider purchases were made (involving 83,355 shares) and 1 insider sell-offs equivalent to 6,000 shares.
Looking at this company’s capital structure, its Total Debt to Total Equity is 71.42, its Total Debt to Total Capital is 41.67, and its Total Debt to Total Assets is now 40.43. Looking even further ahead into the future, its Long-Term Debt to Equity is 67.32 and its Long-Term Debt to Total Capital is 39.27.