Fidus Investment (FDUS) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fidus Investment in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FDUS shares.
View FDUS analyst ratings or view top-rated stocks.

2 brokers have issued twelve-month price targets for Fidus Investment's shares. Their FDUS share price forecasts range from $20.00 to $22.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for FDUS or view top-rated stocks among Wall Street analysts.

Fidus Investment's stock was trading at $19.03 at the beginning of the year. Since then, FDUS stock has increased by 3.2% and is now trading at $19.64.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our FDUS earnings forecast.

Fidus Investment Co. (NASDAQ:FDUS) released its earnings results on Thursday, November, 4th. The asset manager reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.03. The asset manager had revenue of $21.23 million for the quarter, compared to analyst estimates of $20.14 million. Fidus Investment had a trailing twelve-month return on equity of 10.45% and a net margin of 38.59%. During the same period last year, the company earned $0.40 EPS.

Fidus Investment announced a quarterly dividend on Monday, May 1st. Shareholders of record on Wednesday, June 21st will be given a dividend of $0.51 per share on Wednesday, June 28th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date of this dividend is Tuesday, June 20th.
Read our dividend analysis for FDUS.

ETFs with the largest weight of Fidus Investment (NASDAQ:FDUS) stock in their portfolio include Putnam BDC Income ETF (PBDC) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).

Fidus Investment (NASDAQ:FDUS) pays an annual dividend of $1.64 per share and currently has a dividend yield of 8.58%. FDUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 101.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FDUS will have a dividend payout ratio of 79.23% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FDUS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fidus Investment investors own include Hercules Capital (HTGC), Ares Capital (ARCC), BlackRock TCP Capital (TCPC), AT&T (T), Energy Transfer (ET), NewtekOne (NEWT), New Residential Investment (NRZ), TriplePoint Venture Growth BDC (TPVG) and Enterprise Products Partners (EPD).

Fidus Investment trades on the NASDAQ under the ticker symbol "FDUS."

Fidus Investment's stock is owned by a number of institutional and retail investors. Top institutional investors include Raymond James & Associates (2.74%), Raymond James Financial Services Advisors Inc. (2.31%), Van ECK Associates Corp (1.38%), Advisors Asset Management Inc. (1.04%), Novare Capital Management LLC (0.71%) and PFG Advisors (0.57%).
View institutional ownership trends.

Shares of FDUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FDUS stock can currently be purchased for approximately $19.64.

Fidus Investment (NASDAQ:FDUS) has a market capitalization of $490.80 million and generates $94.14 million in revenue each year. The asset manager earns $35.82 million in net income (profit) each year or $1.61 on an earnings per share basis.

Fidus Investment's mailing address is 1603 ORRINGTON AVENUE SUITE 1005, EVANSTON IL, 60201. The official website for the company is www.fdus.com. The asset manager can be reached via phone at (847) 859-3940, via email at investorrelations@fdus.com, or via fax at 847-859-3953.