About Fidus Investment Corporation (NASDAQ:FDUS)
Fidus Investment Corporation is a closed-end, non-diversified investment company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company's investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments. The Company typically invests in mezzanine debt, which includes senior subordinated notes and junior secured loans. The Company structures some of its debt investments as senior secured or unitranche loans. The Company's equity securities typically consist of either a direct minority equity investment in common or preferred stock or membership/partnership interests of a portfolio company, or it may receive warrants to buy a minority equity interest in a portfolio company in connection with a debt investment. Its investment activities are managed by Fidus Investment Advisors, LLC, its investment advisor.
Industry, Sector and Symbol:
- Industry: Closed End Funds
- Sub-Industry: Asset Management & Custody Banks
- Sector: Finance
- Symbol: NASDAQ:FDUS
- CUSIP: 31650010
- Web: www.fdus.com
- Current Ratio: 0.24%
- Quick Ratio: 0.24%
Sales & Book Value:
- Trailing P/E Ratio: 10.57
- Forward P/E Ratio: 10.83
- Annual Sales: $60.23 million
- Price / Sales: 6.56
- Cash Flow: $1.26 per share
- Price / Cash: 12.85
- Book Value: $15.97 per share
- Price / Book: 1.01
- Annual Dividend: $1.56
- Dividend Yield: 9.6%
- Trailing EPS: $1.97
- Net Income: $41.57 million
- Net Margins: 64.21%
- Return on Equity: 9.18%
- Return on Assets: 5.75%
- Outstanding Shares: 24,490,000
Frequently Asked Questions for Fidus Investment Corporation (NASDAQ:FDUS)
What is Fidus Investment Corporation's stock symbol?
Fidus Investment Corporation trades on the NASDAQ under the ticker symbol "FDUS."
How often does Fidus Investment Corporation pay dividends? What is the dividend yield for Fidus Investment Corporation?
Fidus Investment Corporation announced a quarterly dividend on Friday, November 3rd. Shareholders of record on Wednesday, December 20th will be paid a dividend of $0.39 per share on Wednesday, December 27th. This represents a $1.56 annualized dividend and a yield of 9.67%. The ex-dividend date is Tuesday, December 19th. View Fidus Investment Corporation's Dividend History.
How were Fidus Investment Corporation's earnings last quarter?
Fidus Investment Corporation (NASDAQ:FDUS) posted its quarterly earnings data on Thursday, November, 3rd. The asset manager reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by $0.02. The asset manager earned $14.43 million during the quarter, compared to analysts' expectations of $14.19 million. Fidus Investment Corporation had a return on equity of 9.18% and a net margin of 64.21%. View Fidus Investment Corporation's Earnings History.
When will Fidus Investment Corporation make its next earnings announcement?
Where is Fidus Investment Corporation's stock going? Where will Fidus Investment Corporation's stock price be in 2017?
2 Wall Street analysts have issued twelve-month target prices for Fidus Investment Corporation's stock. Their forecasts range from $17.00 to $18.00. On average, they anticipate Fidus Investment Corporation's share price to reach $17.50 in the next year. View Analyst Ratings for Fidus Investment Corporation.
Who are some of Fidus Investment Corporation's key competitors?
Some companies that are related to Fidus Investment Corporation include Invesco California Value Municipal Income Trust (VCV), Eaton Vance Floating-Rate Income Trust (EFT), PennantPark Investment Corporation (PNNT), BlackRock Capital Investment Corporation (BKCC), Foresight Solar Fund Ltd (FSFL), Triangle Capital Corporation (TCAP), PennantPark Floating Rate Capital (PFLT), Clearbridge Energy MLP Total Return Fund (CTR), MFS Charter Income Trust (MCR), Carador Income Fund PLC (CIFU), Goldman Sachs MLP Income Opportunities Fund (GMZ), Eagle Point Credit Company (ECC), Gladstone Investment Corporation (GAIN), Medley Capital Corporation (MCC), TICC Capital Corp. (TICC), THL Credit (TCRD), Solar Senior Capital (SUNS) and WhiteHorse Finance (WHF).
Who are Fidus Investment Corporation's key executives?
Fidus Investment Corporation's management team includes the folowing people:
- Edward H. Ross, Chairman of the Board, Chief Executive Officer (Age 51)
- Thomas C. Lauer, President, Director (Age 49)
- Shelby E. Sherard, Chief Financial Officer, Chief Compliance Officer, Secretary (Age 46)
- Raymond L. Anstiss Jr., Independent Director (Age 50)
- Charles D. Hyman, Independent Director (Age 58)
- John A. Mazzarino, Independent Director (Age 64)
Who owns Fidus Investment Corporation stock?
Fidus Investment Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.00%), Advisors Asset Management Inc. (1.74%), Novare Capital Management LLC (1.41%), Sumitomo Mitsui Asset Management Company LTD (0.00%), Yorktown Management & Research Co Inc (1.12%) and BB&T Securities LLC (0.90%). View Institutional Ownership Trends for Fidus Investment Corporation.
Who sold Fidus Investment Corporation stock? Who is selling Fidus Investment Corporation stock?
Who bought Fidus Investment Corporation stock? Who is buying Fidus Investment Corporation stock?
Fidus Investment Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BB&T Securities LLC, Yorktown Management & Research Co Inc, Sumitomo Mitsui Asset Management Company LTD, Raymond James Financial Services Advisors Inc., Novare Capital Management LLC, Alpha Cubed Investments LLC and D.A. Davidson & CO.. View Insider Buying and Selling for Fidus Investment Corporation.
How do I buy Fidus Investment Corporation stock?
Shares of Fidus Investment Corporation 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, Scottrade, Fidelity and Charles Schwab.
What is Fidus Investment Corporation's stock price today?
One share of Fidus Investment Corporation stock can currently be purchased for approximately $16.14.
How big of a company is Fidus Investment Corporation?
Fidus Investment Corporation has a market capitalization of $396.30 million and generates $60.23 million in revenue each year. The asset manager earns $41.57 million in net income (profit) each year or $1.97 on an earnings per share basis.
How can I contact Fidus Investment Corporation?
Fidus Investment Corporation's mailing address is 1603 ORRINGTON AVENUE SUITE 1005, EVANSTON IL, 60201. The asset manager can be reached via phone at 847-859-3940 or via email at [email protected]
MarketBeat Community Rating for Fidus Investment Corporation (FDUS)MarketBeat's community ratings are surveys of what our community members think about Fidus Investment Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Fidus Investment Corporation (NASDAQ:FDUS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$17.50 (8.43% upside)|
Consensus Price Target History for Fidus Investment Corporation (NASDAQ:FDUS)
Analysts' Ratings History for Fidus Investment Corporation (NASDAQ:FDUS)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/31/2017||Keefe, Bruyette & Woods||Set Price Target||Hold||$18.00||Low|
|1/9/2017||Robert W. Baird||Downgrade||Outperform -> Neutral||$17.00||N/A|
|11/7/2016||DA Davidson||Reiterated Rating||Buy||N/A|
|4/27/2016||Janney Montgomery Scott||Initiated Coverage||Neutral||N/A|
Earnings History and Estimates Chart for Fidus Investment Corporation (NASDAQ:FDUS)
Earnings History by Quarter for Fidus Investment Corporation (NASDAQ FDUS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/1/2018|| || || || || || || || |
|3/2/2017||Q4 2016||$0.37||$0.39||$15.22 million||$17.28 million||View||Listen|
|11/3/2016||Q3||$0.37||$0.35||$14.19 million||$14.43 million||View||N/A|
|11/5/2015||Q315||$0.40||$0.43||$13.47 million||$13.56 million||View||N/A|
|8/6/2015||Q215||$0.39||$0.37||$13.07 million||$12.12 million||View||N/A|
|3/5/2015||Q414||$0.38||$0.42||$12.30 million||$13.70 million||View||N/A|
|11/6/2014||Q3 2014||$0.39||$0.41||$11.34 million||$11.32 million||View||N/A|
|8/7/2014||Q214||$0.40||$0.40||$11.10 million||$10.58 million||View||N/A|
|5/8/2014||Q114||$0.43||$0.40||$11.40 million||$10.56 million||View||N/A|
|5/2/2013||Q1 2013||$0.40||$0.38||$10.04 million||$9.80 million||View||N/A|
Earnings Estimates for Fidus Investment Corporation (NASDAQ:FDUS)
2017 EPS Consensus Estimate: $1.55
2018 EPS Consensus Estimate: $1.59
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fidus Investment Corporation (NASDAQ:FDUS)
|Payout Ratio:||79.19% (Trailing 12 Months of Earnings) |
104.70% (Based on This Year's Estimates)
99.36% (Based on Next Year's Estimates)
Dividend History by Quarter for Fidus Investment Corporation (NASDAQ FDUS)
(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 Fidus Investment Corporation (NASDAQ FDUS)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 31.06%
Insider Trades by Quarter for Fidus Investment Corporation (NASDAQ FDUS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/21/2015||Shelby E Sherard||CFO||Buy||3,435||$14.50||$49,807.50|| |
|12/4/2014||Charles D Hyman||Director||Buy||1,700||$15.11||$25,687.00|| |
|12/1/2014||Thomas Charles Lauer||Director||Buy||1,500||$16.11||$24,165.00|| |
|11/24/2014||John A Mazzarino||Director||Buy||10,000||$16.57||$165,700.00|| |
|5/14/2014||Charles Hyman||Director||Buy||2,000||$16.99||$33,980.00|| |
|8/16/2013||Cary L Schaefer||CFO||Buy||2,110||$18.95||$39,984.50|| |
|11/9/2012||Thomas Charles Lauer||Director||Buy||1,202||$15.30||$18,390.60|| |
|11/8/2012||Edward H Ross||CEO||Buy||2,000||$15.39||$30,780.00|| |
|8/8/2012||Charles D Hyman||Director||Buy||1,495||$15.36||$22,963.20|| |
Latest Headlines for Fidus Investment Corporation (NASDAQ FDUS)
Fidus Investment Corporation (NASDAQ FDUS) Chart for Wednesday, November, 22, 2017