Wedel covers the Financial sector, focusing on stocks such as Hercules Capital, Inc., Ares Capital, and Blackstone Secured Lending Fund. According to TipRanks, Wedel has an average return of 6.9% and a 57.89% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ares Capital with a $20.36 average price target.
Based on Ares Capital’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $763 million and a net profit of $92 million. In comparison, last year the company earned a revenue of $446 million and had a net profit of $241 million
