Alcentra Capital Corporation is a business development company specializing in investments in lower middle-market companies. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector. It focuses on investment opportunities headquartered in the United States. The fund seeks to invest $5 million to $15 million per transaction in companies with EBITDA between $5 million to $15 million and revenues of between $10 million and $100 million. It invests in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Phone212-922-8240
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$33.35 million
Profitability
Miscellaneous
EmployeesN/A
OptionableOptionable
Alcentra Capital (NASDAQ:ABDC) Frequently Asked Questions
What is Alcentra Capital's stock symbol?
Alcentra Capital trades on the NASDAQ under the ticker symbol "ABDC."
How often does Alcentra Capital pay dividends? What is the dividend yield for Alcentra Capital?
Alcentra Capital announced a quarterly dividend on Monday, November 5th. Investors of record on Monday, December 31st will be paid a dividend of $0.18 per share on Thursday, January 3rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.78%. The ex-dividend date is Friday, December 28th. View Alcentra Capital's Dividend History.
How will Alcentra Capital's stock buyback program work?
Alcentra Capital announced that its Board of Directors has initiated a share buyback program on Friday, November 17th 2017, which permits the company to repurchase $2,500,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.
How were Alcentra Capital's earnings last quarter?
Alcentra Capital Corp (NASDAQ:ABDC) released its quarterly earnings results on Monday, November, 5th. The asset manager reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. The asset manager had revenue of $6.55 million for the quarter, compared to analyst estimates of $6.61 million. Alcentra Capital had a positive return on equity of 9.29% and a negative net margin of 29.76%. View Alcentra Capital's Earnings History.
When is Alcentra Capital's next earnings date?
What price target have analysts set for ABDC?
1 Wall Street analysts have issued 12-month target prices for Alcentra Capital's shares. Their predictions range from $7.00 to $7.00. On average, they anticipate Alcentra Capital's stock price to reach $7.00 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Alcentra Capital.
What is the consensus analysts' recommendation for Alcentra Capital?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alcentra Capital in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Alcentra Capital.
Has Alcentra Capital been receiving favorable news coverage?
Media headlines about ABDC stock have trended negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Alcentra Capital earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Alcentra Capital's key competitors?
Some companies that are related to Alcentra Capital include Westwood Holdings Group (WHG), Fidus Investment (FDUS), Monroe Capital (MRCC), Value Line (VALU), Silvercrest Asset Management Group (SAMG), Saratoga Investment (SAR), StoneCastle Financial (BANX), Great Elm Capital (GECC), Hennessy Advisors (HNNA), Fifth Street Asset Management (FSAM), Puhui Wealth Investment Managemnt (PHCF), Manning and Napier (MN), Medley Management (MDLY), U.S. Global Investors (GROW) and Wright Investors Service (WISH).
Who are Alcentra Capital's key executives?
Alcentra Capital's management team includes the folowing people:
- Mr. Vijay P. Rajguru, Chairman, CEO & Global Co-Chief Investment Officer (Age 55)
- Mr. Suhail A. Shaikh, MD & Co-Pres
- Mr. Peter Glaser, MD & Co-Pres
- Ms. Ellida McMillan CPA, CFO, COO & Chief Accounting Officer (Age 50)
- Mr. Steven Levinson, Chief Compliance Officer (Age 51)
Who are Alcentra Capital's major shareholders?
Alcentra Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.10%). Company insiders that own Alcentra Capital stock include Branko Krmpotic, David Scopelliti, Douglas J /Ma Greenlaw, Edward Grebow, Ellida Mcmillan, Of New York Mellon Corp Bank, Paul J Echausse, Steven H Reiff, Suhail A Shaikh and T Ulrich Brechbuhl. View Institutional Ownership Trends for Alcentra Capital.
Which major investors are buying Alcentra Capital stock?
ABDC stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have bought Alcentra Capital stock in the last two years include Branko Krmpotic, David Scopelliti, Douglas J /Ma Greenlaw, Edward Grebow, Ellida Mcmillan, Steven H Reiff, Suhail A Shaikh and T Ulrich Brechbuhl. View Insider Buying and Selling for Alcentra Capital.
How do I buy shares of Alcentra Capital?
Shares of ABDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alcentra Capital's stock price today?
One share of ABDC stock can currently be purchased for approximately $6.68.
How big of a company is Alcentra Capital?
Alcentra Capital has a market capitalization of $90.29 million and generates $33.35 million in revenue each year. The asset manager earns $-19,100,000.00 in net income (profit) each year or $1.32 on an earnings per share basis.
What is Alcentra Capital's official website?
How can I contact Alcentra Capital?
Alcentra Capital's mailing address is 200 PARK AVENUE 7TH FLOOR, NEW YORK NY, 10166. The asset manager can be reached via phone at 212-922-8240 or via email at [email protected]
MarketBeat Community Rating for Alcentra Capital (NASDAQ ABDC)
MarketBeat's community ratings are surveys of what our community members think about Alcentra Capital and other stocks. Vote "Outperform" if you believe ABDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
