NASDAQ:CPTACapitala Finance Stock Price, Forecast & News

Capitala Finance's stock was trading at $5.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CPTA shares have decreased by 49.4% and is now trading at $2.68. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capitala Finance in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Capitala Finance.

Capitala Finance is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Capitala Finance.

Capitala Finance Corp (NASDAQ:CPTA) issued its quarterly earnings results on Monday, March, 2nd. The investment management company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.08. The investment management company earned $9.63 million during the quarter, compared to the consensus estimate of $10.81 million. Capitala Finance had a positive return on equity of 6.40% and a negative net margin of 182.01%. View Capitala Finance's earnings history.

Capitala Finance announced a monthly dividend on Monday, January 6th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.0833 per share on Monday, March 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 37.30%. The ex-dividend date of this dividend is Friday, March 20th. View Capitala Finance's dividend history.

2 analysts have issued 12 month target prices for Capitala Finance's stock. Their forecasts range from $7.50 to $7.50. On average, they expect Capitala Finance's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 179.9% from the stock's current price. View analysts' price targets for Capitala Finance.

News coverage about CPTA stock has been trending very positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Capitala Finance earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned press coverage about the investment management company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutCapitala Finance.

Capitala Finance saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 121,800 shares, an increase of 28.1% from the April 30th total of 95,100 shares. Based on an average trading volume of 254,300 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.8% of the shares of the stock are sold short. View Capitala Finance's Current Options Chain.

Some companies that are related to Capitala Finance include Oaktree Strategic Income (OCSI), Stellus Capital Investment (SCM), Safeguard Scientifics (SFE), Allied Minds (ALLWF), THL Credit (TCRD), OFS Capital (OFS), Elron Electronic Industries (ELRNF), InvestcorpCreditManagementBDCInc . (ICMB), CM Finance (CMFN), Portman Ridge Finance (PTMN), 180 Degree Capital (TURN), Garrison Capital (GARS), Firsthand Technology Value Fund (SVVC), Rand Capital (RAND) and Live Ventures (LIVE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Capitala Finance investors own include Energy Transfer LP Unit (ET), THL Credit (TCRD), Cornerstone Total Return Fund (CRF), NGL Energy Partners (NGL), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Prospect Capital (PSEC), AGNC Investment (AGNC), CBL & Associates Properties (CBL) and Martin Midstream Partners (MMLP).

Capitala Finance trades on the NASDAQ under the ticker symbol "CPTA."

Capitala Finance's stock is owned by many different retail and institutional investors. Top institutional investors include Two Sigma Advisers LP (1.28%), Virtus ETF Advisers LLC (1.16%), Two Sigma Investments LP (0.87%), UBS Group AG (0.55%), Advisor Group Holdings Inc. (0.17%) and American Asset Management Inc. (0.12%). Company insiders that own Capitala Finance stock include Larry W Carroll, Richard Wheelahan and Stephen A Arnall. View institutional ownership trends for Capitala Finance.

CPTA stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Virtus ETF Advisers LLC, Two Sigma Investments LP, Morgan Stanley, and Biltmore Capital Advisors LLC. View insider buying and selling activity for Capitala Finance.

CPTA stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Advisor Group Holdings Inc., American Asset Management Inc., and Acadian Asset Management LLC. Company insiders that have bought Capitala Finance stock in the last two years include Larry W Carroll, and Stephen A Arnall. View insider buying and selling activity for Capitala Finance.

Shares of CPTA 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, Robinhood, Fidelity, and Charles Schwab.

One share of CPTA stock can currently be purchased for approximately $2.68.

Capitala Finance has a market capitalization of $43.59 million and generates $44.03 million in revenue each year. The investment management company earns $-27,650,000.00 in net income (profit) each year or $0.80 on an earnings per share basis.

The official website for Capitala Finance is www.capitalagroup.com.

Capitala Finance's mailing address is 4201 CONGRESS STREET SUITE 360, CHARLOTTE NC, 28209. The investment management company can be reached via phone at 704-376-5502.