StoneCastle Financial Corp Company Profile (NASDAQ:BANX)

StoneCastle Financial Corp trades on the NASDAQ under the ticker symbol "BANX."

StoneCastle Financial Corp declared a quarterly dividend on Monday, June 5th. Stockholders of record on Tuesday, June 20th will be given a dividend of $0.37 per share on Thursday, June 29th. This represents a $1.48 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend is Friday, June 16th. View StoneCastle Financial Corp's Dividend History.

StoneCastle Financial Corp (NASDAQ:BANX) released its earnings results on Wednesday, August, 9th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.02. The business had revenue of $4.26 million for the quarter, compared to analyst estimates of $4.44 million. View StoneCastle Financial Corp's Earnings History.

StoneCastle Financial Corp is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for StoneCastle Financial Corp.

4 brokers have issued twelve-month target prices for StoneCastle Financial Corp's shares. Their predictions range from $21.00 to $23.00. On average, they anticipate StoneCastle Financial Corp's stock price to reach $22.38 in the next twelve months. View Analyst Ratings for StoneCastle Financial Corp.

Here are some recent quotes from research analysts about StoneCastle Financial Corp stock:

• 1. National Securities analysts commented, "• BANX posted NII/share of $0.39, a couple cents shy of our $0.41/share estimate but adequately covering the quarterly dividend of $0.37/share. During 2Q17 the company received an A+ rating by Kroll and accordingly lowered the cost of its credit facility to L + 235 bps from L + 285 bps previously and the requirements to maintain $3.5 million of restricted cash was lifted, freeing up more capital to be invested with lower funding costs.
  • StoneCastle’s NAV/share saw another quarterly improvement of 0.7% sequentially to $21.47 from $21.32 largely as a result of unrealized appreciation of $920,000 for the quarter pertaining to positive marks on the credit securitization and preferred stock. Asset quality remains very strong with Chicago Shore continuing to be the only non-accrual with a cost of $6.6 million or 3.5% of the portfolio.
  • We are revising our 2017 NII/share estimate to $1.60 from $1.61 and our 2018 NII/share estimate to $1.70 from $1.71. " (8/15/2017)
• 2. According to Zacks Investment Research, "StoneCastle Financial Corp. is a closed-end investment company. It invests in community banks located throughout the United States. The Company's primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation, through preferred equity, subordinated debt and common equity investments predominantly in U.S. domiciled community banks. StoneCastle Financial Corp. is based in United States. " (8/11/2017)

Some companies that are related to StoneCastle Financial Corp include Solar Senior Capital (SUNS), Fifth Street Senior Floating Rate Corp. (FSFR), Gladstone Capital Corporation (GLAD), TriplePoint Venture Growth BDC Corp. (TPVG), Invesco Bond Fund (VBF), Stellus Capital Investment Corporation (SCM), OFS Capital Corporation (OFS), Alcentra Capital Corp. (ABDC), Capitala Finance Corp. (CPTA), KCAP Financial (KCAP), Horizon Technology Finance Corporation (HRZN), American Capital Senior Floating (ACSF), GSV Capital Corp (GSVC), 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).

StoneCastle Financial Corp's management team includes the folowing people:

• Joshua S. Siegel, Chairman of the Board, Chief Executive Officer
• George Shilowitz, President, Director
• Patrick J. Farrell, Chief Financial Officer
• Rachel Schatten, Chief Compliance Officer, Secretary
• Emil W. Henry Jr., lead Independent Director
• Alan J. Ginsberg, Independent Director
• Clara Miller, Independent Director

StoneCastle Financial Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Punch & Associates Investment Management Inc. (0.00%), Fenimore Asset Management Inc. (0.00%), Oxbow Advisors LLC (0.00%), Deprince Race & Zollo Inc. (0.00%), Greenwich Investment Management Inc. (0.00%) and M3F Inc. (0.00%). Company insiders that own StoneCastle Financial Corp stock include Clara Miller and George Shilowitz. View Institutional Ownership Trends for StoneCastle Financial Corp.

StoneCastle Financial Corp's stock was sold by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., Deprince Race & Zollo Inc., Trellus Management Company LLC, Greenwich Investment Management Inc., M3F Inc., Oxbow Advisors LLC, Royal Bank of Canada and Creative Planning. View Insider Buying and Selling for StoneCastle Financial Corp.

StoneCastle Financial Corp's stock was purchased by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Bard Associates Inc., BB&T Securities LLC, Northern Trust Corp, Fenimore Asset Management Inc. and Wells Fargo & Company MN. Company insiders that have bought StoneCastle Financial Corp stock in the last two years include Clara Miller and George Shilowitz. View Insider Buying and Selling for StoneCastle Financial Corp.

Shares of StoneCastle Financial 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.

One share of StoneCastle Financial Corp stock can currently be purchased for approximately $20.01.