Ares Capital (ARCC) – Research Analysts’ Recent Ratings Updates

Ares Capital (NASDAQ: ARCC) recently received a number of ratings updates from brokerages and research firms:

• 4/29/2026 – Ares Capital had its price target lowered by Oppenheimer Holdings, Inc. from $22.00 to $21.00. They now have an “outperform” rating on the stock.
• 4/29/2026 – Ares Capital had its price target lowered by B. Riley Financial, Inc. from $22.00 to $20.00. They now have a “buy” rating on the stock.
• 4/29/2026 – Ares Capital had its price target lowered by Royal Bank Of Canada from $22.00 to $21.00. They now have an “outperform” rating on the stock.
• 4/29/2026 – Ares Capital had its price target lowered by Truist Financial Corporation from $23.00 to $22.00. They now have a “buy” rating on the stock.
• 4/22/2026 – Ares Capital had its price target lowered by Citizens Jmp from $23.00 to $22.00. They now have a “market outperform” rating on the stock.
• 4/16/2026 – Ares Capital had its price target lowered by Keefe, Bruyette & Woods from $22.00 to $21.00. They now have an “outperform” rating on the stock.
• 3/13/2026 – Ares Capital had its price target lowered by UBS Group AG from $21.00 to $19.00. They now have a “neutral” rating on the stock.
• 3/13/2026 – Ares Capital had its price target lowered by JPMorgan Chase & Co. from $22.00 to $19.00. They now have an “overweight” rating on the stock.

Ares Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date is Monday, June 15th. Ares Capital’s dividend payout ratio (DPR) is 117.79%.

Insider Activity at Ares Capital

In other news, CEO Michael Kort Schnabel bought 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average price of $19.13 per share, with a total value of $239,125.00. Following the acquisition, the chief executive officer owned 40,500 shares of the company’s stock, valued at approximately $774,765. The trade was a 44.64% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Scott C. Lem bought 5,186 shares of the stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $19.29 per share, for a total transaction of $100,037.94. Following the completion of the purchase, the chief financial officer directly owned 39,463 shares in the company, valued at approximately $761,241.27. This represents a 15.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.49% of the stock is currently owned by insiders.

Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.

Through its credit platform, Ares Capital focuses on originations, underwriting and portfolio management across a range of industries, with a particular emphasis on sectors such as healthcare, technology, industrials and business services.