Added to YB: 2025-12-03
Pitch date: 2025-12-01
ARCC [bullish]
Ares Capital Corporation
-6.93%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$12.9B
Pitch Price
$19.66
Price Target
23.50 (+28%)
Dividend
10.69%
EV/EBITDA
N/A
P/E
9.66
EV/Sales
9.24
Sector
Capital Markets
Category
dividend
Ares Capital Corporation: The Titan of Private Credit – And A 9% Dividend
ARCC: Dominant $11.6B BDC trading 1.02x NAV with 9.4% yield covered by $2.28 NII vs $1.92 dividend. Strong 1.8% non-accrual rate, $1.26/share spillover buffer. DDM fair value $23.52 vs $20.51 current. 5yr IRR model shows 11.5-12% total return. Scale advantage in $500M+ deals as banks retreat.
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