Added to YB: 2026-07-20
Pitch date: 2026-07-16
ARCC [bullish]
Ares Capital Corporation
Author Info
Alpha Talon Investment Research is a Hong Kong–based private family office deploying only proprietary capital across biotech, value turnarounds, and catalyst-driven shorts, focused on intrinsic value, regulatory odds, and mispriced fundamentals. Sign up for the newsletter.
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
$13.8B
Pitch Price
N/A
Price Target
30.00
Dividend
9.99%
EV/EBITDA
N/A
P/E
11.85
EV/Sales
9.45
Sector
Capital Markets
Category
dividend
Ares Capital Corporation (NASDAQ: ARCC): A Wonderful Lending Business at a Fair Price
ARCC: Largest US BDC, $29.5B portfolio, 607 cos, 264 sponsors, ~60% first lien. 12% annualized TSR since 2004 IPO, <0.10% first lien loss rate. Q1'26 NII $0.55 vs $0.48 div (115% cover), NAV $19.62, 1.13x leverage, 10.3% yield. $30 PT (~38% upside) + ~10% div = 14-18% CAGR 5yr.
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