NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free SSIC Stock Alerts $11.30 -0.02 (-0.18%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$11.28▼$11.4950-Day Range$9.57▼$11.4152-Week Range$7.29▼$11.49Volume5,151 shsAverage Volume12,799 shsMarket Capitalization$70.17 millionP/E Ratio12.99Dividend Yield8.85%Price Target$8.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial Media Get Silver Spike Investment alerts: Email Address Silver Spike Investment MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside22.1% Downside$8.80 Price TargetShort InterestHealthy1.03% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.07Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.0.51 out of 5 starsFinance Sector863rd out of 876 stocks 0.0 Analyst's Opinion Amount of Analyst CoverageSilver Spike Investment has received no research coverage in the past 90 days.Read more about Silver Spike Investment's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.03% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silver Spike Investment has recently increased by 306.98%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSilver Spike Investment is a leading dividend payer. It pays a dividend yield of 8.83%, 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 114.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Silver Spike Investment's 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 1.6 News and Social Media Coverage News SentimentSilver Spike Investment has a news sentiment score of -0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Silver Spike Investment this week, compared to 0 articles on an average week.Search Interest4 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.Read more about Silver Spike Investment's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Silver Spike Investment is 12.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Silver Spike Investment is 12.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.18.Price to Book Value per Share RatioSilver Spike Investment has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Silver Spike Investment's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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 HeadlinesMay 11, 2024 | finance.yahoo.comQ1 2024 Silver Spike Investment Corp Earnings CallMay 9, 2024 | globenewswire.comSilver Spike Investment Corp. Reports First Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per ShareMay 11, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 3, 2024 | americanbankingnews.comSilver Spike Investment (NASDAQ:SSIC) Stock Price Up 0.4%May 3, 2024 | americanbankingnews.comSilver Spike Investment (SSIC) to Release Quarterly Earnings on FridayApril 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 GrowthMarch 29, 2024 | finance.yahoo.comQ4 2023 Silver Spike Investment Corp Earnings CallMay 11, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.March 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 CallMarch 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 CallSee 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 Dividend3/19/2024Dividend Payable3/28/2024Last Earnings5/09/2024Today5/11/2024Next Earnings (Estimated)8/08/2024Fiscal 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-22.1%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio9.66 Forward P/E Ratio24.57 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 / Sales5.88 Cash Flow$0.94 per share Price / Cash Flow12.06 Book Value$13.77 per share Price / Book0.82Miscellaneous Outstanding Shares6,210,000Free Float1,695,000Market Cap$70.17 million OptionableNot Optionable Beta0.28 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsMoneyHeroNASDAQ:MNYBank of South CarolinaNASDAQ:BKSCOld Point FinancialNASDAQ:OPOFThe Gabelli Convertible and Income Securities FundNYSE:GCVTerritorial BancorpNASDAQ:TBNKView All Competitors SSIC Stock Analysis - Frequently Asked Questions What is Silver Spike Investment's stock price target for 2024? 0 analysts have issued 1-year price objectives for Silver Spike Investment's stock. Their SSIC share price targets range from $8.80 to $8.80. On average, they predict the company's stock price to reach $8.80 in the next twelve months. This suggests that the stock has a possible downside of 22.1%. 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 start of the year. Since then, SSIC shares have increased by 33.9% and is now trading at $11.30. View the best growth stocks for 2024 here. When is Silver Spike Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our SSIC earnings forecast. How were Silver Spike Investment's earnings last quarter? Silver Spike Investment Corp. (NASDAQ:SSIC) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.09. The firm earned $2.76 million during the quarter, compared to the consensus estimate of $2.38 million. Silver Spike Investment had a trailing twelve-month return on equity of 5.91% and a net margin of 44.98%. During the same quarter last year, the business earned $0.22 earnings per share. How often does Silver Spike Investment pay dividends? What is the dividend yield for Silver Spike Investment? Silver Spike Investment declared a quarterly dividend on Friday, March 8th. Investors of record on Wednesday, March 20th will be given a dividend of $0.25 per share on Thursday, March 28th. This represents a $1.00 annualized dividend and a yield of 8.85%. 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 8.83%. SSIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.94%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 2.75% of its portfolio. When did Silver Spike Investment IPO? Silver Spike Investment (SSIC) raised $85 million in an IPO on Friday, February 4th 2022. The company issued 6,100,000 shares at a price of $14.00 per share. Stifel and Piper Sandler served 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 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithForget Bitcoin. 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