NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free SSIC Stock Alerts $11.18 +0.07 (+0.63%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$11.02▼$11.2250-Day Range$7.94▼$11.2252-Week Range$7.29▼$11.22Volume4,821 shsAverage Volume12,043 shsMarket Capitalization$69.41 millionP/E Ratio9.55Dividend Yield8.95%Price Target$8.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Silver Spike Investment alerts: Email Address Silver Spike Investment MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside21.3% Downside$8.80 Price TargetShort InterestHealthy0.25% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth35.62%From $0.73 to $0.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.24 out of 5 starsFinance Sector739th out of 853 stocks 0.0 Analyst's Opinion Amount of Analyst CoverageSilver Spike Investment has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.25% of the float of Silver Spike Investment has been sold short.Short Interest Ratio / Days to CoverSilver Spike Investment has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silver Spike Investment has recently decreased by 2.27%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipSilver Spike Investment is a leading dividend payer. It pays a dividend yield of 9.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSilver Spike Investment does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Silver Spike Investment is 85.47%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Silver Spike Investment will have a dividend payout ratio of 101.01% in the coming year. This indicates that Silver Spike Investment may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSIC. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Silver Spike Investment this week, compared to 0 articles on an average week.Search Interest2 people have searched for SSIC on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Silver Spike Investment insiders have not sold or bought any company stock.Percentage Held by Insiders72.73% of the stock of Silver Spike Investment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.36% of the stock of Silver Spike Investment is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Silver Spike Investment are expected to grow by 35.62% in the coming year, from $0.73 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Silver Spike Investment is 9.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Silver Spike Investment is 9.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.23.Price to Book Value per Share RatioSilver Spike Investment has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsWhy Big Pharma is Investing Billions in This BiotechIf you're on the hunt for a great biotech stock under $20... you need to see this video.Watch my exclusive report here>>> About Silver Spike Investment Stock (NASDAQ:SSIC)Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.Read More SSIC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSIC Stock News HeadlinesApril 25, 2024 | globenewswire.comSilver Spike Investment Corp. Announces First Quarter 2024 Financial Results Conference CallApril 3, 2024 | seekingalpha.comSilver Spike Investment Q4: This Cannabis BDC Looks Poised For GrowthApril 27, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 29, 2024 | finance.yahoo.comQ4 2023 Silver Spike Investment Corp Earnings CallMarch 28, 2024 | msn.comCannabis Finance Company Silver Spike Announces Solid 2023 GainsMarch 27, 2024 | globenewswire.comSilver Spike Investment Corp. Reports Fiscal Year End 2023 Financial ResultsMarch 27, 2024 | benzinga.comEarnings Outlook For Silver Spike InvestmentMarch 14, 2024 | globenewswire.comSilver Spike Investment Corp. Announces Fiscal Year End 2023 Financial Results Conference CallApril 27, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 8, 2024 | msn.comSilver Spike Investment declares $0.25 dividendMarch 8, 2024 | globenewswire.comSilver Spike Investment Corp. Declares Cash Dividend for First Quarter 2024February 20, 2024 | markets.businessinsider.comSilver Spike Investment Agrees To Purchase Loan Portfolio From Chicago AtlanticFebruary 20, 2024 | businesswire.comChicago Atlantic Enters into Joint Venture with Silver SpikeFebruary 20, 2024 | finance.yahoo.comSilver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago AtlanticFebruary 20, 2024 | finance.yahoo.comSilver Spike Investment Corp. Announces a Broadening of Its Investment StrategyFebruary 20, 2024 | globenewswire.comSilver Spike Investment Corp. Announces a Broadening of Its Investment StrategyFebruary 20, 2024 | globenewswire.comSilver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago AtlanticFebruary 10, 2024 | investorplace.comThe 3 Most Undervalued Cannabis Stocks to Buy in February 2024December 29, 2023 | morningstar.comSilver Spike Investment Corp SSICDecember 20, 2023 | seekingalpha.comSSIC Silver Spike Investment Corp.November 30, 2023 | msn.comSilver Spike Investment raises dividend by 11.1% to $0.70November 27, 2023 | msn.comSilver Spike Investment (SSIC) Price Target Increased by 29.55% to 11.63November 11, 2023 | finance.yahoo.comQ3 2023 Silver Spike Investment Corp Earnings CallNovember 9, 2023 | finance.yahoo.comSilver Spike Investment Corp. Reports Third Quarter 2023 Financial ResultsNovember 6, 2023 | investing.comSad Silver Lags GoldOctober 25, 2023 | finance.yahoo.comSilver Spike Investment Corp. Announces Third Quarter 2023 Financial Results Conference CallSeptember 11, 2023 | au.finance.yahoo.comSSIC - Silver Spike Investment Corp.See More Headlines Receive SSIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silver Spike Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/19/2024Last Earnings3/27/2024Dividend Payable3/28/2024Today4/27/2024Next Earnings (Confirmed)5/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry N/A Sub-IndustryN/A Current SymbolNASDAQ:SSIC CUSIPN/A CIK1843162 Webwww.silverspikecap.com Phone212-905-4923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$8.80 High Stock Price Target$8.80 Low Stock Price Target$8.80 Potential Upside/Downside-21.3%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio9.55 Forward P/E Ratio15.31 P/E GrowthN/ANet Income$7.34 million Net Margins61.51% Pretax Margin55.55% Return on Equity7.54% Return on Assets7.38% Debt Debt-to-Equity RatioN/A Current Ratio29.27 Quick Ratio29.27 Sales & Book Value Annual Sales$11.93 million Price / Sales5.82 Cash Flow$0.94 per share Price / Cash Flow11.87 Book Value$13.77 per share Price / Book0.81Miscellaneous Outstanding Shares6,210,000Free Float1,695,000Market Cap$69.41 million OptionableNot Optionable Beta0.41 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Scott Charles Gordon (Age 63)Chairperson & CEO Mr. Umesh Bhaskar Mahajan (Age 53)Chief Financial Officer Ms. Roxanne Nicole Jenkins (Age 38)Chief Compliance Officer & Secretary Key CompetitorsThe Gabelli Convertible and Income Securities FundNYSE:GCVInvesco High Income Trust IINYSE:VLTClipper RealtyNYSE:CLPRMagyar BancorpNASDAQ:MGYRBank of South CarolinaNASDAQ:BKSCView All Competitors SSIC Stock Analysis - Frequently Asked Questions What is Silver Spike Investment's stock price target for 2024? 0 analysts have issued 12 month target prices for Silver Spike Investment's stock. Their SSIC share price targets range from $8.80 to $8.80. On average, they anticipate the company's stock price to reach $8.80 in the next year. This suggests that the stock has a possible downside of 21.3%. View analysts price targets for SSIC or view top-rated stocks among Wall Street analysts. How have SSIC shares performed in 2024? Silver Spike Investment's stock was trading at $8.44 at the beginning of 2024. Since then, SSIC shares have increased by 32.4% and is now trading at $11.1774. View the best growth stocks for 2024 here. Are investors shorting Silver Spike Investment? Silver Spike Investment saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 4,400 shares, a decrease of 65.9% from the March 15th total of 12,900 shares. Based on an average daily volume of 15,900 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the company's shares are sold short. View Silver Spike Investment's Short Interest. When is Silver Spike Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our SSIC earnings forecast. How can I listen to Silver Spike Investment's earnings call? Silver Spike Investment will be holding an earnings conference call on Friday, May 10th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Silver Spike Investment's earnings last quarter? Silver Spike Investment Corp. (NASDAQ:SSIC) announced its quarterly earnings data on Wednesday, March, 27th. The company reported $0.28 earnings per share for the quarter, meeting analysts' consensus estimates of $0.28. The business had revenue of $3.66 million for the quarter, compared to analyst estimates of $3.38 million. Silver Spike Investment had a trailing twelve-month return on equity of 7.54% and a net margin of 61.51%. How often does Silver Spike Investment pay dividends? What is the dividend yield for Silver Spike Investment? Silver Spike Investment announced a quarterly dividend on Friday, March 8th. Investors of record on Wednesday, March 20th will be paid a dividend of $0.25 per share on Thursday, March 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.95%. The ex-dividend date is Tuesday, March 19th. Read our dividend analysis for SSIC. Is Silver Spike Investment a good dividend stock? Silver Spike Investment (NASDAQ:SSIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 9.00%. SSIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SSIC will have a dividend payout ratio of 101.01% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SSIC. What ETF holds Silver Spike Investment's stock? Amplify Seymour Cannabis ETF holds 82,918 shares of SSIC stock, representing 2.44% of its portfolio. When did Silver Spike Investment IPO? Silver Spike Investment (SSIC) raised $85 million in an initial public offering on Friday, February 4th 2022. The company issued 6,100,000 shares at $14.00 per share. Stifel and Piper Sandler acted as the underwriters for the IPO and Canaccord Genuity and Cantor were co-managers. How do I buy shares of Silver Spike Investment? Shares of SSIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SSIC) was last updated on 4/27/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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