Ares Capital Corporation (ARCC)

Over the past six months, Ares Capital's stock price has decreased. As of late March 2026, the stock's price decreased by 5.81% in the past month, 14.52% over the last three months, and 17.30% over the last six months, with a year-to-date return of -10.70%. Key events include earnings announcements and dividends, such as the declaration of a fourth-quarter 2025 dividend of $0.48 per share on October 28, 2025, and a first-quarter 2026 dividend of $0.48 per share on February 4, 2026. On January 5, 2026, Ares Capital Corporation priced a public offering of $750 million in 5.250% unsecured notes due 2031. The company announced its tax reporting information for calendar year 2025 on January 30, 2026. Broader market concerns, such as a slump in asset-manager stocks driven by "private-credit fears," may have also impacted ARCC's stock performance.

There is typically seasonality in Ares Capital's business. Origination volumes and capital structuring service fees tend to be slower in the first quarter compared to the fourth quarter.

Ares Capital Corporation (ARCC) is a specialty finance company and a business development company (BDC) that aims to generate income and capital appreciation through debt and equity investments. It is managed by Ares Capital Management LLC, a subsidiary of Ares Management Corporation. ARCC operates in the Financial Services sector, providing capital solutions to U.S. middle-market companies with annual EBITDA between $10 million and $250 million. The company invests in first-lien and second-lien senior secured loans, subordinated debt, preferred equity, and common equity across various industries.

Ares Capital Corporation is headquartered in the United States, specifically in New York City, and its investment portfolio is primarily concentrated in North America, focusing on U.S. middle-market companies. While ARCC does not have international offices, its portfolio companies operate in Europe, Asia-Pacific, and Latin America, providing indirect international exposure. Through its manager, Ares Management LLC, ARCC benefits from a global investment presence.

Ares Capital Corporation generally maintains a strong brand reputation within the BDC sector. In November 2024, S&P Global Ratings upgraded ARCC, citing its scale, operating history, and consistent investment portfolio performance. The upgrade also highlighted its experienced investment team and affiliation with Ares Management Corp. No specific events negatively impacting Ares Capital's reputation in the past year were found.

Ares Capital Corporation's stock ownership includes institutional, retail, and individual investors. Institutional investors hold a significant portion, ranging from approximately 11.69% to 33.26%, while insiders own a smaller percentage, around 0.02% to 1.05%. Major institutional owners include Morgan Stanley, Van Eck Associates Corp, and UBS Group AG. The largest individual shareholder is Antony P. Ressler, who owns approximately 3.50 million shares, representing 0.49% of the company.