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
Stock Exchange NASDAQ
Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:ABDC
CUSIPN/A
Phone212-922-8240
Debt
Debt-to-Equity RatioN/A
Current Ratio0.12
Quick Ratio0.12
Price-To-Earnings
Trailing P/E Ratio4.73
Forward P/E Ratio7.08
P/E GrowthN/A
Sales & Book Value
Annual Sales$33.35 million
Price / Sales2.56
Cash Flow$1.4127 per share
Price / Cash4.41
Book Value$11.07 per share
Price / Book0.56
Profitability
EPS (Most Recent Fiscal Year)$1.32
Net Income$-19,100,000.00
Net Margins-51.32%
Return on Equity10.44%
Return on Assets5.93%
Miscellaneous
EmployeesN/A
Outstanding Shares13,690,000
Market Cap$83.49
ALCENTRA Cap Co/SH (NASDAQ:ABDC) Frequently Asked Questions
What is ALCENTRA Cap Co/SH's stock symbol?
ALCENTRA Cap Co/SH trades on the NASDAQ under the ticker symbol "ABDC."
How often does ALCENTRA Cap Co/SH pay dividends? What is the dividend yield for ALCENTRA Cap Co/SH?
ALCENTRA Cap Co/SH declared a quarterly dividend on Monday, May 7th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.18 per share on Thursday, July 5th. This represents a $0.72 annualized dividend and a dividend yield of 11.52%. The ex-dividend date is Thursday, June 28th. View ALCENTRA Cap Co/SH's Dividend History.
How will ALCENTRA Cap Co/SH's stock buyback program work?
ALCENTRA Cap Co/SH declared that its Board of Directors has initiated a stock buyback plan on Friday, November 17th 2017, which permits the company to repurchase $2,500,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were ALCENTRA Cap Co/SH's earnings last quarter?
ALCENTRA Cap Co/SH (NASDAQ:ABDC) posted its quarterly earnings results on Monday, May, 7th. The asset manager reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. The asset manager earned $8.18 million during the quarter, compared to the consensus estimate of $8.23 million. ALCENTRA Cap Co/SH had a negative net margin of 51.32% and a positive return on equity of 10.44%. View ALCENTRA Cap Co/SH's Earnings History.
When is ALCENTRA Cap Co/SH's next earnings date?
What price target have analysts set for ABDC?
4 equities research analysts have issued 12 month price objectives for ALCENTRA Cap Co/SH's shares. Their predictions range from $7.00 to $14.00. On average, they expect ALCENTRA Cap Co/SH's stock price to reach $10.50 in the next year. This suggests a possible upside of 68.0% from the stock's current price. View Analyst Ratings for ALCENTRA Cap Co/SH.
What is the consensus analysts' recommendation for ALCENTRA Cap Co/SH?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ALCENTRA Cap Co/SH in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of ALCENTRA Cap Co/SH's key competitors?
Some companies that are related to ALCENTRA Cap Co/SH include Monroe Capital (MRCC), Silvercrest Asset Management Group (SAMG), Value Line (VALU), Saratoga Investment (SAR), STONECASTLE Fin/COM (BANX), Gp Zgp (ZAIS), Hennessy Advisors (HNNA), Great Elm Capital (GECC), Fifth Street Asset Management (FSAM), Manning and Napier (MN), U.S. Global Investors (GROW), Medley Management (MDLY), Wright Investors Service (WISH), BKF Capital Group (BKFG) and Brightsphere Investment Group (BSIG).
Who are ALCENTRA Cap Co/SH's key executives?
ALCENTRA Cap Co/SH's management team includes the folowing people:
- Paul M.A. Hatfield, Chairman of the Board
- David Scopelliti, President, Chief Executive Officer, Director (Age 52)
- Ellida McMillan, Chief Financial Officer, Chief Operating Officer, Chief Accounting Officer, Treasurer, Secretary (Age 49)
- Branko Krmpotic, Executive Vice President
- Steven Reiff, Lead Independent Director
- T. Ulrich Brechbuhl, Director
- Douglas J. Greenlaw, Director
- Rudolph L. Hertlein, Director
Has ALCENTRA Cap Co/SH been receiving favorable news coverage?
Press coverage about ABDC stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ALCENTRA Cap Co/SH earned a media sentiment score of 0.10 on Accern's scale. They also assigned news coverage about the asset manager an impact score of 44.94 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of ALCENTRA Cap Co/SH?
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 Cap Co/SH's stock price today?
One share of ABDC stock can currently be purchased for approximately $6.25.
How big of a company is ALCENTRA Cap Co/SH?
ALCENTRA Cap Co/SH has a market capitalization of $83.49 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.
How can I contact ALCENTRA Cap Co/SH?
ALCENTRA Cap Co/SH'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 Cap Co/SH (NASDAQ ABDC)
MarketBeat's community ratings are surveys of what our community members think about ALCENTRA Cap Co/SH 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.
