About Alcentra Capital Corp. (NASDAQ:ABDC)
Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. It provides customized debt and equity financing solutions to lower middle-market companies, which are companies having annual earnings, before interest, taxes, depreciation and amortization of between $5 million and $15 million, and/or revenues of between $10 million and $100 million. Its investments range in size from $5 million to $15 million. Its investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of senior debt, unitranche, second lien, subordinated debt and, to a lesser extent, senior debt and minority equity investments. Its investment focus is to make loans to, and selected equity investments in, privately-held lower-middle-market companies.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NASDAQ:ABDC
- CUSIP: N/A
- Web: www.alcentracapital.com
- 50 Day Moving Avg: $10.74
- 200 Day Moving Avg: $12.47
- 52 Week Range: $10.20 - $14.73
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 7.57
- P/E Growth: 0.00
- Annual Dividend: $1.36
- Dividend Yield: 12.9%
- Net Margins: -2.77%
- Return on Equity: 11.13%
- Return on Assets: 6.86%
- Current Ratio: 0.07%
- Quick Ratio: 0.07%
- Average Volume: 92,828 shs.
- Beta: 0.74
Frequently Asked Questions for Alcentra Capital Corp. (NASDAQ:ABDC)
What is Alcentra Capital Corp.'s stock symbol?
Alcentra Capital Corp. trades on the NASDAQ under the ticker symbol "ABDC."
How often does Alcentra Capital Corp. pay dividends? What is the dividend yield for Alcentra Capital Corp.?
Alcentra Capital Corp. declared a quarterly dividend on Friday, August 4th. Investors of record on Saturday, September 30th will be paid a dividend of $0.34 per share on Thursday, October 5th. This represents a $1.36 annualized dividend and a dividend yield of 13.03%. The ex-dividend date is Thursday, September 28th. View Alcentra Capital Corp.'s Dividend History.
How were Alcentra Capital Corp.'s earnings last quarter?
Alcentra Capital Corp. (NASDAQ:ABDC) released its earnings results on Thursday, March, 9th. The company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.10. The business earned $10.90 million during the quarter, compared to analysts' expectations of $9.52 million. Alcentra Capital Corp. had a negative net margin of 2.77% and a positive return on equity of 11.13%. View Alcentra Capital Corp.'s Earnings History.
When will Alcentra Capital Corp. make its next earnings announcement?
Where is Alcentra Capital Corp.'s stock going? Where will Alcentra Capital Corp.'s stock price be in 2017?
5 brokerages have issued 1-year price targets for Alcentra Capital Corp.'s shares. Their predictions range from $12.00 to $15.00. On average, they anticipate Alcentra Capital Corp.'s stock price to reach $13.50 in the next year. View Analyst Ratings for Alcentra Capital Corp..
Who are some of Alcentra Capital Corp.'s key competitors?
Some companies that are related to Alcentra Capital Corp. include Solar Senior Capital (SUNS), Fifth Street Senior Floating Rate Corp. (FSFR), Gladstone Capital Corporation (GLAD), Invesco Bond Fund (VBF), Stellus Capital Investment Corporation (SCM), TriplePoint Venture Growth BDC Corp. (TPVG), OFS Capital Corporation (OFS), Capitala Finance Corp. (CPTA), StoneCastle Financial Corp (BANX), Horizon Technology Finance Corporation (HRZN), GSV Capital Corp (GSVC), KCAP Financial (KCAP), American Capital Senior Floating (ACSF), Harvest Capital Credit Corporation (HCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Andalas Energy and Power PLC (CEB) and BlackRock Enhanced Global Dividend Trust (BOE).
Who are Alcentra Capital Corp.'s key executives?
Alcentra Capital Corp.'s management team includes the folowing people:
- Paul J. Echausse, Chairman of the Board
- David Scopelliti, President, Chief Executive Officer, Director
- Ellida McMillan, Chief Financial Officer, Chief Operating Officer, Chief Accounting Officer, Treasurer, Secretary
- Branko Krmpotic, Executive Vice President
- Paul M.A. Hatfield, Chairman Emeritus
- T. Ulrich Brechbuhl, Director
- Douglas J. Greenlaw, Director
- Rudolph L. Hertlein, Director
How do I buy Alcentra Capital Corp. stock?
Shares of Alcentra Capital Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alcentra Capital Corp.'s stock price today?
MarketBeat Community Rating for Alcentra Capital Corp. (NASDAQ ABDC)MarketBeat's community ratings are surveys of what our community members think about Alcentra Capital Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Alcentra Capital Corp. stock can currently be purchased for approximately $10.44.
Consensus Ratings for Alcentra Capital Corp. (NASDAQ:ABDC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$13.50 (29.31% upside)|Consensus Price Target History for Alcentra Capital Corp. (NASDAQ:ABDC)
Analysts' Ratings History for Alcentra Capital Corp. (NASDAQ:ABDC)
(Data available from 10/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/6/2017||Keefe, Bruyette & Woods||Set Price Target||Hold||$13.00||High|
|7/17/2017||Raymond James Financial, Inc.||Downgrade||Strong-Buy -> Outperform||$16.00 -> $14.00||High|
|7/5/2017||DA Davidson||Initiated Coverage||Buy||$15.00||Medium|
|11/7/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform -> Market Perform||N/A|
|11/7/2016||Robert W. Baird||Downgrade||Outperform -> Neutral||$13.00 -> $12.00||N/A|
|6/22/2016||Janney Montgomery Scott||Initiated Coverage||Neutral||$15.00||N/A|
Earnings History for Alcentra Capital Corp. (NASDAQ:ABDC)Earnings History by Quarter for Alcentra Capital Corp. (NASDAQ ABDC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017|| || || || || || || || |
|3/9/2017||Q4 2016||$0.35||$0.45||$9.52 million||$10.90 million||View||Listen|
|11/3/2016||Q316||$0.35||$0.35||$9.15 million||$9.12 million||View||N/A|
|8/4/2016||Q216||$0.36||$0.44||$9.09 million||$10.64 million||View||N/A|
|5/5/2016||Q116||$0.36||$0.41||$8.96 million||$9.95 million||View||N/A|
|3/9/2016||Q415||$0.35||$0.34||$8.91 million||$8.68 million||View||N/A|
|8/11/2015||Q215||$0.34||$0.34||$8.14 million||$8.51 million||View||Listen|
|5/12/2015||Q1||$0.35||$0.37||$7.89 million||$8.23 million||View||Listen|
|3/18/2015||Q4 2014||$0.34||$0.34||$6.54 million||$6.67 million||View||N/A|
|11/10/2014||Q3 2014||$0.33||$0.34||$6.01 million||$5.86 million||View||N/A|
Earnings Estimates for Alcentra Capital Corp. (NASDAQ:ABDC)
2017 EPS Consensus Estimate: $1.40
2018 EPS Consensus Estimate: $1.48
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Alcentra Capital Corp. (NASDAQ:ABDC)
|Most Recent Dividend:||10/5/2017|
|Payout Ratio:||-1,700.00% (Trailing 12 Months of Earnings) |
99.27% (Based on This Year's Estimates)
98.55% (Based on Next Year's Estimates)
Dividend History by Quarter for Alcentra Capital Corp. (NASDAQ ABDC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Alcentra Capital Corp. (NASDAQ:ABDC)
Insider Ownership Percentage: 4.96%Insider Trades by Quarter for Alcentra Capital Corp. (NASDAQ:ABDC)
Institutional Ownership Percentage: 31.49%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/8/2017||Ellida Mcmillan||CFO||Buy||250||$10.58||$2,645.00|| |
|8/7/2017||Steven H Reiff||Director||Buy||11,668||$10.72||$125,080.96|| |
|5/22/2017||Of New York Mellon Corp Bank||Major Shareholder||Sell||1,691,839||$13.13||$22,213,846.07|| |
|12/2/2016||Paul J Echausse||CEO||Buy||1,800||$11.49||$20,682.00|| |
|9/8/2016||David Scopelliti||Insider||Buy||2,000||$12.88||$25,760.00|| |
|6/23/2016||Ellida Mcmillan||CAO||Buy||480||$12.18||$5,846.40|| |
|5/20/2016||Paul J Echausse||CEO||Buy||1,200||$11.89||$14,268.00|| |
|3/24/2016||David Scopelliti||SVP||Buy||500||$11.27||$5,635.00|| |
|3/24/2016||Ellida Mcmillan||CAO||Buy||790||$11.29||$8,919.10|| |
|3/24/2016||Paul J Echausse||CEO||Buy||800||$11.45||$9,160.00|| |
|3/22/2016||Paul J Echausse||CEO||Buy||800||$11.29||$9,032.00|| |
|3/18/2016||David Scopelliti||SVP||Buy||500||$10.76||$5,380.00|| |
|3/17/2016||David Scopelliti||SVP||Buy||2,550||$12.77||$32,563.50|| |
|3/17/2016||Paul J Echausse||CEO||Buy||800||$10.84||$8,672.00|| |
|3/15/2016||Paul J Echausse||CEO||Buy||800||$10.90||$8,720.00|| |
|9/24/2015||Alcentra Investments Ltd||major shareholder||Sell||1,475,620||$12.89||$19,020,741.80|| |
|8/14/2015||Rudolph L Hertlein||Director||Buy||1,400||$12.88||$18,032.00|| |
|6/23/2015||David Scopelliti||SVP||Buy||1,800||$13.56||$24,408.00|| |
|5/7/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||5,875||$13.69||$80,428.75|| |
|5/5/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||6,288||$13.78||$86,648.64|| |
|4/29/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||10,600||$13.78||$146,068.00|| |
|4/27/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||13,248||$13.84||$183,352.32|| |
|4/23/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||11,908||$13.80||$164,330.40|| |
|4/21/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||9,175||$13.91||$127,624.25|| |
|4/17/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||11,994||$13.89||$166,596.66|| |
|4/15/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||8,900||$13.86||$123,354.00|| |
|4/13/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||20,124||$14.15||$284,754.60|| |
|4/9/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||20,676||$14.09||$291,324.84|| |
|4/7/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||15,938||$13.58||$216,438.04|| |
|4/2/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||4,000||$13.55||$54,200.00|| |
|4/1/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||13,406||$13.63||$182,723.78|| |
|3/30/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||11,718||$13.35||$156,435.30|| |
|3/26/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||16,426||$13.84||$227,335.84|| |
|3/24/2015||Of New York Mellon Corp Bank||Major Shareholder||Buy||16,426||$14.13||$232,099.38|| |
|3/23/2015||Paul J Echausse||CEO||Buy||1,000||$14.13||$14,130.00|| |
|8/28/2014||Paul J Echausse||CEO||Buy||1,000||$13.58||$13,580.00|| |
|5/30/2014||Paul J Echausse||CEO||Buy||1,000||$14.89||$14,890.00|| |
|5/9/2014||Rudolph L Hertlein||Director||Buy||3,600||$15.00||$54,000.00|| |
Headline Trends for Alcentra Capital Corp. (NASDAQ:ABDC)
Latest Headlines for Alcentra Capital Corp. (NASDAQ:ABDC)
Alcentra Capital Corp. (ABDC) Chart for Tuesday, October, 17, 2017