Prospect Capital (PSEC) Projected to Post Earnings on Tuesday

Prospect Capital (NASDAQ:PSEC - Get Free Report) is expected to issue its Q3 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $174.29 million for the quarter.

Prospect Capital Stock Performance

Shares of NASDAQ:PSEC traded down $0.03 during mid-day trading on Thursday, reaching $3.54. The company had a trading volume of 2,195,401 shares, compared to its average volume of 2,784,126. Prospect Capital has a one year low of $3.39 and a one year high of $5.72. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.60. The company's 50-day moving average price is $3.96 and its 200-day moving average price is $4.35. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of -17.70 and a beta of 0.85.

Prospect Capital Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, February 27th were issued a dividend of $0.045 per share. This represents a yield of 12.47%. The ex-dividend date was Wednesday, February 26th. Prospect Capital's dividend payout ratio (DPR) is presently -270.00%.

Insider Buying and Selling at Prospect Capital

In other news, Director William Gremp acquired 19,100 shares of the firm's stock in a transaction on Tuesday, March 18th. The shares were purchased at an average price of $4.29 per share, for a total transaction of $81,939.00. Following the completion of the transaction, the director now owns 75,153 shares of the company's stock, valued at $322,406.37. The trade was a 34.07 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John F. Barry acquired 2,000,000 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was acquired at an average price of $4.32 per share, with a total value of $8,640,000.00. Following the acquisition, the chief executive officer now owns 81,501,933 shares in the company, valued at approximately $352,088,350.56. This trade represents a 2.52 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 2,548,000 shares of company stock worth $10,970,715 over the last three months. Company insiders own 28.25% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on PSEC shares. Wells Fargo & Company dropped their price objective on Prospect Capital from $4.00 to $3.50 and set an "underweight" rating on the stock in a report on Monday. StockNews.com raised shares of Prospect Capital from a "sell" rating to a "hold" rating in a report on Saturday, April 12th.

Prospect Capital Company Profile

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions.