10.8 C
New York
Monday, March 4, 2024

Ares Capital: Earnings Likely Peaked – Brace For Impact In 2024 (Downgrade) (NASDAQ:ARCC)

Ares Capital: Earnings Likely Peaked – Brace For Impact In 2024 (Downgrade) (NASDAQ:ARCC)


RgStudio

Ares Capital (NASDAQ:ARCC) is one of the leading business development companies or BDCs in the market. It last traded at a market cap of $11.4 billion. With a forward earnings multiple of 8.5x, it is also ahead of its peers’ median of 7.8x, suggesting a relative ratio



Source link

Latest stories