About Fidus Investment Corp
Fidus Investment Corporation is a business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments. Its investment strategy consists of collaborating with business owners, management teams and financial sponsors by providing customized financing for ownership transactions, business expansion and other growth initiatives. It invests in industries, such as healthcare products, specialty distribution, aerospace and defense manufacturing, oil and gas services, consumer products, components manufacturing and building products manufacturing. Its investment portfolio consists of subordinated notes, senior secured loans, equity and warrants. The Company's investment advisor is Fidus Investment Advisors, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Asset Management
- Sub-Industry: Asset Management & Custody Banks
- Exchange: NASDAQ
- Symbol: FDUS
- CUSIP: 31650010
- Previous Close: $16.67
- 50 Day Moving Average: $16.29
- 200 Day Moving Average: $15.98
- 52-Week Range: $12.68 - $17.09
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.62
- P/E Growth: 1.45
- Market Cap: $N/A
- Beta: 1.06
- Net Margins: 63.35%
- Return on Equity: 9.49%
- Return on Assets: 5.20%
Companies Related to Fidus Investment Corp:
- Current Ratio: 0.22%
- Quick Ratio: 0.22%
What is Fidus Investment Corp's stock symbol?
Fidus Investment Corp trades on the NASDAQ under the ticker symbol "FDUS."
How often does Fidus Investment Corp pay dividends? What is the dividend yield for Fidus Investment Corp?
Fidus Investment Corp announced a quarterly dividend on Wednesday, February 15th. Stockholders of record on Friday, March 10th will be given a dividend of $0.39 per share on Friday, March 24th. This represents a $1.56 annualized dividend and a dividend yield of 9.36%. The ex-dividend date of this dividend is Wednesday, March 8th.
Where is Fidus Investment Corp's stock going? Where will Fidus Investment Corp's stock price be in 2017?
4 brokerages have issued 12 month target prices for Fidus Investment Corp's stock. Their forecasts range from $17.00 to $17.00. On average, they expect Fidus Investment Corp's stock price to reach $17.00 in the next year.
When will Fidus Investment Corp announce their earnings?
Fidus Investment Corp is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.
What are analysts saying about Fidus Investment Corp stock?
Here are some recent quotes from research analysts about Fidus Investment Corp stock:
According to Zacks Investment Research, "Fidus Investment Corporation is a business development company which provides customized mezzanine debt and equity financing solutions to lower middle-market companies. The Company partners with business owners, management teams and financial sponsors by providing customized financing for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. Fidus Investment Corporation is based in Evanston, Illinois. " (2/6/2017)
Robert W. Baird analysts commented, "Up from ~77 percent at the February lows, the sector as a whole currently trades at an average of ~93 percent of NAV/share, which is roughly in line with the five-year average multiple for the sector. YTD, the BDC sector has produced a total return of 10.7 percent vs. 3.5 percent for the SNL SmallCap U.S. Bank index," analyst Bryce Rowe wrote in a note.Rowe still believes high quality BDCs are set to outperform the community banking over the next several years, citing modest valuations and business models "that appear better suited to withstand the reality of the current interest rate environment."Meanwhile, Rowe moved to the sidelines on Stellus, as the stock is within a dime his $11 price target.Related Link: The U.S. Economy Is Stronger Than Investors Anticipated, Which Could Be Very Bad News"For investors with an appropriate risk tolerance we feel comfortable maintaining positions at current levels as we believe the company's 12.5 percent dividend yield and discounted valuation (83 percent of NAV) present a fairly balanced risk/reward," Rowe highlighted.Further, the analyst has downgraded New Mountain Finance as the stock has moved over his $13 price target.However, Rowe would look for opportunities to add to positions on weakness given a likely reversal of some previous portfolio depreciation possible for the second quarter. The analyst said this unrealized portfolio depreciation over the last two quarters has cut the company's NAV/share to <95 percent of its post-IPO NAV/share.Other Names In The SpaceRowe's top picks in the sector include Fidus Investment Corp (NASDAQ: FDUS), Main Street Capital Corporation (NYSE: MAIN), Monroe Capital Corp (NASDAQ: MRCC) and Triangle Capital Corporation (NYSE: TCAP)."We continue to believe these four names are among the best long-term positions in any BDC portfolio given investing and operating models that have preserved capital while generating superior profitability levels," (7/14/2016)
Who owns Fidus Investment Corp stock?
Fidus Investment Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.00%), West Family Investments Inc. (0.00%), Advisory Research Inc. (0.00%), Two Sigma Investments LP (0.00%), Guggenheim Capital LLC (0.00%) and First Allied Advisory Services Inc. (0.00%).
Who sold Fidus Investment Corp stock? Who is selling Fidus Investment Corp stock?
Fidus Investment Corp's stock was sold by a variety of institutional investors in the last quarter, including Baird Financial Group Inc..
Who bought Fidus Investment Corp stock? Who is buying Fidus Investment Corp stock?
Fidus Investment Corp's stock was purchased by a variety of institutional investors in the last quarter, including Advisory Research Inc., West Family Investments Inc., Two Sigma Investments LP, Raymond James Financial Services Advisors Inc., Raiff Partners Inc., CAMG Solamere Management LLC, Guggenheim Capital LLC and First Allied Advisory Services Inc..
How do I buy Fidus Investment Corp stock?
Shares of Fidus Investment 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 Fidus Investment Corp stock cost?
One share of Fidus Investment Corp stock can currently be purchased for approximately $16.67.