Ares Capital (ARCC) Shows 10% Yield, Trades Below $20 NAV
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAres Capital (ARCC) is currently trading at $19.10, below its net asset value (NAV) of $19.59, offering a yield of approximately 10.05%. The company reported core earnings per share (EPS) of 47 cents for Q1 2026 and net investment income of $398 million. With 91% of new commitments in floating-rate debt, Ares Capital is positioned well as interest rates stabilize. Eleven out of fourteen analysts rate the stock as Buy or Strong Buy, with an average price target of $20.73, indicating potential upside for investors.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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