Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. The Company provides capital to lower and traditional middle-market companies in the United States, with a non-exclusive emphasis on the Southeast, Southwest and Mid-Atlantic regions. The Company invests in first lien, second lien and subordinated loans. The Company's investment advisor is Capitala Investment Advisors, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Equity
- Sub-Industry: N/A
- Symbol: NASDAQ:CPTA
- CUSIP: N/A
- Web: www.capitalagroup.com
- 50 Day Moving Avg: $13.96
- 200 Day Moving Avg: $13.61
- 52 Week Range: $11.51 - $15.80
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.42
- P/E Growth: 0.62
- Annual Dividend: $1.56
- Dividend Yield: 11.5%
- Net Margins: -11.51%
- Return on Equity: 11.51%
- Return on Assets: 4.86%
- Debt-to-Equity Ratio: 0.67%
- Current Ratio: 0.43%
- Quick Ratio: 0.43%
- Average Volume: 115,095 shs.
- Beta: 1.08
Frequently Asked Questions for Capitala Finance Corp (NASDAQ:CPTA)
What is Capitala Finance Corp's stock symbol?
Capitala Finance Corp trades on the NASDAQ under the ticker symbol "CPTA."
How often does Capitala Finance Corp pay dividends? What is the dividend yield for Capitala Finance Corp?
Capitala Finance Corp announced a monthly dividend on Tuesday, April 4th. Stockholders of record on Wednesday, April 19th will be given a dividend of $0.13 per share on Thursday, April 27th. This represents a $1.56 annualized dividend and a dividend yield of 11.37%. The ex-dividend date of this dividend is Monday, April 17th. View Capitala Finance Corp's Dividend History.
How were Capitala Finance Corp's earnings last quarter?
Capitala Finance Corp (NASDAQ:CPTA) posted its quarterly earnings results on Monday, May, 8th. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. The business had revenue of $14.82 million for the quarter, compared to analyst estimates of $16.23 million. Capitala Finance Corp had a positive return on equity of 11.51% and a negative net margin of 11.51%. View Capitala Finance Corp's Earnings History.
Where is Capitala Finance Corp's stock going? Where will Capitala Finance Corp's stock price be in 2017?
9 analysts have issued 1 year target prices for Capitala Finance Corp's stock. Their forecasts range from $14.00 to $17.00. On average, they expect Capitala Finance Corp's share price to reach $15.44 in the next twelve months. View Analyst Ratings for Capitala Finance Corp.
What are analysts saying about Capitala Finance Corp stock?
Here are some recent quotes from research analysts about Capitala Finance Corp stock:
- 1. According to Zacks Investment Research, "Capitala Finance Corp. is a business development company. The company invests primarily in traditional mezzanine, senior subordinated and unitranche debt, senior and second-lien loans and equity securities. Capitala Finance Corp. is headquartered in Charlotte, United States. " (5/9/2017)
- 2. FBR & Co analysts commented, "Following 4Q16 results, we are lowering our 2018 EPS estimates and maintaining our $14 price target and Market Perform rating. CPTA reported 4Q16 EPS of $0.43, above both our and consensus estimate of $0.39. The difference was largely related to increased PIK income since last quarter. 4Q16 net investment income decreased from last quarter, reflecting in part re-categorizing Sierra Hamilton as nonaccrual. This is despite debt investment yields increasing to 13.2% (vs. 12.7% in 3Q16) as CPTA continues to focus on investing across the capital structure of lower middle-market companies (defined as EBITDA of $10M–$30M). CPTA’s operating expenses also declined with revenues QOQ, as did management’s fee waiver. We expect the fee waiver will be gone in 1Q17, particularly given the quarterly dividend has decreased to $0.39 per share from $0.47. Asset quality was mixed in 4Q16, with realized gains and unrealized appreciation boosting NAV/share QOQ but nonaccruals also increasing. Nevertheless, we believe CPTA’s asset quality trends are improving overall." (3/10/2017)
- 3. Jefferies Group LLC analysts commented, "CPTA reported 4Q16 NOI per share of $0.43, $0.04 ahead of our forecast and the Street's. After generating substantial liquidity in 3Q16, CPTA deployed over nearly $67M in the quarter into attractive yielding investments, driving up the consolidated portfolio yield and driving the EPS upside. Credit appears relatively stable with one inflow to non-accrual. We view the quarterly results favorably and recommend CPTA." (3/8/2017)
Are investors shorting Capitala Finance Corp?
Capitala Finance Corp saw a increase in short interest during the month of April. As of April 13th, there was short interest totalling 73,344 shares, an increase of 87.4% from the March 31st total of 39,131 shares. Based on an average trading volume of 122,560 shares, the short-interest ratio is currently 0.6 days.
Who are some of Capitala Finance Corp's key competitors?
Some companies that are related to Capitala Finance Corp include HDFC Bank Limited (HDB), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK-A), Berkshire Hathaway (BRK.A), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC), Citigroup (C), HSBC Holdings plc (HSBC), Royal Bank of Canada (RY), Banco Santander, S.A. (SAN), China Life Insurance Co Ltd (LFC), Goldman Sachs Group (GS), BNP Paribas SA (BNPQY), Toronto-Dominion Bank (TD), U.S. Bancorp (USB), Allianz SE (AZSEY) and Mitsubishi UFJ Financial Group (MTU).
Who owns Capitala Finance Corp stock?
Capitala Finance Corp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Muzinich & Co. Inc. (3.41%), Hamilton Lane Advisors LLC (0.00%), UBS Group AG (2.75%), Wilbanks Smith & Thomas Asset Management LLC (2.31%) and Sumitomo Mitsui Asset Management Company LTD (0.00%). Company insiders that own Capitala Finance Corp stock include John F Mcglinn, Joseph B Alala III, Larry W Carroll and Markham Hunt Broyhill. View Institutional Ownership Trends for Capitala Finance Corp.
Who sold Capitala Finance Corp stock? Who is selling Capitala Finance Corp stock?
Capitala Finance Corp's stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., BB&T Securities LLC, Morgan Stanley, Regent Investment Management LLC, Ares Management LLC, Oppenheimer & Co. Inc. and Stephens Inc. AR. View Insider Buying and Selling for Capitala Finance Corp.
Who bought Capitala Finance Corp stock? Who is buying Capitala Finance Corp stock?
Capitala Finance Corp's stock was acquired by a variety of institutional investors in the last quarter, including Wilbanks Smith & Thomas Asset Management LLC, Muzinich & Co. Inc., Sumitomo Mitsui Asset Management Company LTD, Confluence Investment Management LLC, UBS Group AG, Acadian Asset Management LLC, Goldman Sachs Group Inc. and Nine Chapters Capital Management LLC. Company insiders that have bought Capitala Finance Corp stock in the last two years include John F Mcglinn, Joseph B Alala III, Larry W Carroll and Markham Hunt Broyhill. View Insider Buying and Selling for Capitala Finance Corp.
How do I buy Capitala Finance Corp stock?
Shares of Capitala Finance 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.
How much does a share of Capitala Finance Corp stock cost?
One share of Capitala Finance Corp stock can currently be purchased for approximately $13.72.
Earnings History for Capitala Finance Corp (NASDAQ:CPTA)Earnings History by Quarter for Capitala Finance Corp (NASDAQ:CPTA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q1 2017||$0.39||$0.39||$16.23 million||$14.82 million||View||Listen|
|3/7/2017||Q4 2016||$0.39||$0.43||$15.55 million||$16.51 million||View||Listen|
|11/8/2016||Q316||$0.46||$0.47||$16.95 million||$17.36 million||View||Listen|
|8/9/2016||Q216||$0.47||$0.47||$17.48 million||$16.99 million||View||N/A|
|5/9/2016||Q116||$0.47||$0.47||$17.10 million||$17.45 million||View||N/A|
|3/8/2016||Q415||$0.46||$0.47||$17.94 million||$16.55 million||View||N/A|
|11/9/2015||Q315||$0.41||$0.48||$17.02 million||$18.30 million||View||Listen|
|8/10/2015||Q215||$0.41||$0.33||$15.55 million||$15.08 million||View||Listen|
|5/11/2015||Q115||$0.43||$0.37||$14.28 million||$14.04 million||View||N/A|
|3/4/2015||Q414||$0.40||$0.39||$13.60 million||$13.50 million||View||Listen|
|11/10/2014||Q3 2014||$0.41||$0.27||$13.23 million||$11.17 million||View||N/A|
|8/12/2014||Q214||$0.44||$0.44||$12.40 million||$12.53 million||View||N/A|
|5/12/2014||Q114||$0.45||$0.44||$11.48 million||$12.37 million||View||N/A|
Earnings Estimates for Capitala Finance Corp (NASDAQ:CPTA)
2017 EPS Consensus Estimate: $1.57
2018 EPS Consensus Estimate: $1.67
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Capitala Finance Corp (NASDAQ:CPTA)
|Most Recent Dividend:||4/27/2017|
|Payout Ratio:||-305.88% (Trailing 12 Months of Earnings) |
99.36% (Based on This Year's Estimates)
95.71% (Based on Next Year's Estimates)
Dividend History by Quarter for Capitala Finance Corp (NASDAQ:CPTA)
(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 Capitala Finance Corp (NASDAQ:CPTA)
Insider Ownership Percentage: 8.40%Insider Trades by Quarter for Capitala Finance Corp (NASDAQ:CPTA)
Institutional Ownership Percentage: 25.78%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/15/2016||Larry W Carroll||Director||Buy||7,000||$12.01||$84,070.00|| |
|3/21/2016||Markham Hunt Broyhill||Director||Buy||10,000||$11.55||$115,500.00|| |
|3/14/2016||John F Mcglinn||COO||Buy||2,190||$11.40||$24,966.00|| |
|12/23/2015||Joseph B Alala III||Insider||Buy||84,950||$11.60||$985,420.00|| |
|12/10/2015||Larry W Carroll||Director||Buy||3,000||$12.90||$38,700.00|| |
|9/23/2015||Joseph B Alala III||CEO||Buy||7,420||$13.35||$99,057.00|| |
|8/25/2015||John F Mcglinn||COO||Buy||2,150||$13.94||$29,971.00|| |
|8/25/2015||Larry W Carroll||Director||Buy||5,000||$13.50||$67,500.00|| |
|8/24/2015||Joseph B Alala III||Insider||Buy||7,500||$13.25||$99,375.00|| |
|8/24/2015||Markham Hunt Broyhill||Director||Buy||10,000||$13.99||$139,900.00|| |
|8/21/2015||Larry W Carroll||Director||Buy||5,000||$14.50||$72,500.00|| |
|8/13/2015||Joseph B Alala III||Insider||Buy||6,600||$14.93||$98,538.00|| |
|6/12/2015||Larry W Carroll||Director||Buy||5,000||$16.44||$82,200.00|| |
|6/10/2015||Larry W Carroll||Director||Buy||3,950||$17.00||$67,150.00|| |
|5/22/2015||Larry W Carroll||Director||Buy||1,050||$17.00||$17,850.00|| |
|5/20/2015||Joseph B Alala III||Insider||Buy||11,600||$17.13||$198,708.00|| |
|5/19/2015||John F Mcglinn||COO||Buy||1,170||$17.10||$20,007.00|| |
|5/15/2015||John F Mcglinn||COO||Buy||2,000||$17.49||$34,980.00|| |
|3/23/2015||Joseph B Alala III||CEO||Buy||7,409||$18.76||$138,992.84|| |
|3/20/2015||H. Paul Chapman||Director||Buy||2,500||$18.80||$47,000.00|| |
|12/23/2014||Larry W Carroll||Director||Buy||4,700||$18.19||$85,493.00|| |
|12/22/2014||Joseph B Alala III||CEO||Buy||8,751||$20.00||$175,020.00|| |
|12/18/2014||John F Mcglinn||COO||Buy||1,900||$18.45||$35,055.00|| |
|11/26/2014||Markham Hunt Broyhill||Director||Buy||1,000||$18.74||$18,740.00|| |
|11/25/2014||Joseph B Alala III||CEO||Buy||10,000||$18.75||$187,500.00|| |
|11/19/2014||Markham Hunt Broyhill||Director||Buy||15,000||$18.85||$282,750.00|| |
|9/18/2014||Larry W Carroll||Director||Buy||1,530||$18.05||$27,616.50|| |
|9/3/2014||Joseph B Alala III||Insider||Buy||5,200||$18.92||$98,384.00|| |
|8/18/2014||John F Mcglinn||COO||Buy||2,650||$18.90||$50,085.00|| |
|6/18/2014||H. Paul Chapman||Director||Buy||5,000||$18.68||$93,400.00|| |
|6/17/2014||Markham Hunt Broyhill||Director||Buy||27,000||$18.55||$500,850.00|| |
|5/19/2014||Markham Hunt Broyhill||Director||Buy||13,580||$18.41||$250,007.80|| |
|5/16/2014||Markham Hunt Broyhill||Director||Buy||1,098||$18.19||$19,972.62|| |
|5/15/2014||Joseph Alala III||Insider||Buy||55,118||$18.04||$994,328.72|| |
|12/17/2013||Markham Hunt Broyhill||Director||Buy||10,000||$19.77||$197,700.00|| |
|12/12/2013||Markham Hunt Broyhill||Director||Buy||5,000||$19.78||$98,900.00|| |
|12/4/2013||Markham Hunt Broyhill||Director||Buy||1,000||$19.80||$19,800.00|| |
|11/21/2013||Joseph Alala III||Insider||Buy||10,500||$19.00||$199,500.00|| |
|11/18/2013||Stephen Arnall||CFO||Buy||2,600||$19.13||$49,738.00|| |
|9/30/2013||H. Paul Chapman||Director||Buy||2,500||$19.20||$48,000.00|| |
Headline Trends for Capitala Finance Corp (NASDAQ:CPTA)
Latest Headlines for Capitala Finance Corp (NASDAQ:CPTA)
Capitala Finance Corp (CPTA) Chart for Friday, May, 26, 2017