Fifth Street Asset Management Company Profile (NASDAQ:FSAM)

About Fifth Street Asset Management

Fifth Street Asset Management logoFifth Street Asset Management Inc. is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs). Its segment provides asset management services to the Fifth Street Funds. The Company conducts all of its operations through its subsidiaries, Fifth Street Management LLC (FSM), Fifth Street CLO Management LLC (CLO Management) and FSCO GP LLC (FSCO GP). The funds, managed by the Company, provide financing solutions to small and mid-sized companies across their capital structures, mainly in connection with investments by private equity sponsors. It provides credit solutions across the capital structure, including one-stop financing, unitranche debt, senior secured debt, mezzanine debt, equity co-investments and venture debt financing.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: FSAM
  • CUSIP:
Key Metrics:
  • Previous Close: $5.35
  • 50 Day Moving Average: $6.64
  • 200 Day Moving Average: $5.92
  • 52-Week Range: $2.90 - $8.45
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.92
  • P/E Growth: -1.23
  • Market Cap: $35.32M
  • Outstanding Shares: 6,602,000
  • Beta: 0.83
Profitability:
  • Net Margins: 4.58%
  • Return on Equity: -432.75%
  • Return on Assets: 22.10%
Debt:
  • Debt-to-Equity Ratio: -1.55%
  • Current Ratio: 0.41%
  • Quick Ratio: 0.41%
Additional Links:
Companies Related to Fifth Street Asset Management:

Analyst Ratings

Consensus Ratings for Fifth Street Asset Management (NASDAQ:FSAM) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $5.13 (4.21% downside)

Analysts' Ratings History for Fifth Street Asset Management (NASDAQ:FSAM)
Show:
DateFirmActionRatingPrice TargetDetails
11/7/2016Credit Suisse GroupReiterated RatingHold$4.00View Rating Details
8/25/2016Deutsche Bank AGBoost Price TargetBuy$5.00 -> $6.25View Rating Details
11/25/2015FBR & CoLower Price TargetMarket Perform$8.50 -> $7.00View Rating Details
6/8/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$10.00View Rating Details
5/19/2015Royal Bank of CanadaReiterated RatingOutperform$16.00 -> $13.00View Rating Details
5/19/2015J P Morgan Chase & CoLower Price TargetNeutral$13.00 -> $11.00View Rating Details
5/1/2015MLV & Co.Reiterated RatingBuy$14.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Fifth Street Asset Management (NASDAQ:FSAM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/15/2017        
8/15/2016Q2$0.12$0.20ViewListenView Earnings Details
5/16/2016Q1$0.14$0.12$19.00 millionViewListenView Earnings Details
3/17/2016Q315$0.17$0.18$24.71 million$22.90 millionViewListenView Earnings Details
11/16/2015Q3$0.19$0.18ViewListenView Earnings Details
8/13/2015Q2$0.19$0.19$26.20 million$24.20 millionViewListenView Earnings Details
5/15/2015Q115$0.23$0.19$29.85 millionViewListenView Earnings Details
3/30/2015Q414$0.25$0.26$27.68 million$30.34 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fifth Street Asset Management (NASDAQ:FSAM)
Current Year EPS Consensus Estimate: $0.66 EPS
Next Year EPS Consensus Estimate: $0.60 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.16$0.16$0.16
Q2 20161$0.08$0.08$0.08
Q3 20161$0.10$0.10$0.10
Q4 20161$0.21$0.21$0.21
Q1 20171$0.11$0.11$0.11
Q2 20171$0.10$0.10$0.10
Q3 20171$0.12$0.12$0.12
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fifth Street Asset Management (NASDAQ:FSAM)
Annual Dividend:$0.50
Dividend Yield:9.35%
Payout Ratio:-416.67% (Based on Trailing 12 Months of Earnings)
75.76% (Based on Current Year Consensus EPS Estimate)
83.33% (Based on Next Year Consensus EPS Estimate)

Dividend History for Fifth Street Asset Management (NASDAQ:FSAM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/5/2016Quarterly$0.1312/28/201612/30/20161/13/2017
8/24/2016Quarterly$0.109/28/20169/30/201610/14/2016
6/6/2016Quarterly$0.106/28/20166/30/20167/15/2016
3/14/2016Quarterly$0.103/29/20163/31/20164/15/2016
11/25/2015Quarterly$0.1712/29/201512/31/20151/15/2016
8/13/2015$0.179/28/20159/30/201510/15/2015
5/18/2015quarterly$0.177.77%6/26/20156/30/20157/15/2015
1/22/2015special$0.303/27/20153/31/20154/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fifth Street Asset Management (NASDAQ:FSAM)
Insider Ownership Percentage: 89.73%
Institutional Ownership Percentage: 55.64%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Nathaniel H AugustDirectorSell440,408$5.13$2,259,293.04View SEC Filing  
8/26/2016Mangrove Partners Fund (CaymanMajor ShareholderSell215,478$5.07$1,092,473.46View SEC Filing  
8/24/2016Mangrove Partners Fund (CaymanMajor ShareholderSell17,232$5.12$88,227.84View SEC Filing  
8/22/2016Mangrove Partners Fund (CaymanMajor ShareholderSell3,620$5.01$18,136.20View SEC Filing  
2/22/2016David EinhornMajor ShareholderSell250,000$3.41$852,500.00View SEC Filing  
1/15/2016Mangrove Partners Master Fund,Major ShareholderBuy196,531$2.44$479,535.64View SEC Filing  
9/3/2015Mark Jeffrey GordonDirectorBuy2,000$7.98$15,960.00View SEC Filing  
5/21/2015Mark Jeffrey GordonDirectorBuy2,000$9.48$18,960.00View SEC Filing  
3/6/2015Financial Managem PhiladelphiaMajor ShareholderSell17,086$12.29$209,986.94View SEC Filing  
11/4/2014Todd OwensInsiderBuy100,000$17.00$1,700,000.00View SEC Filing  
11/4/2014Wayne CooperDirectorBuy10,000$17.00$170,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fifth Street Asset Management (NASDAQ:FSAM)
DateHeadline
capitalcube.com logoFifth Street Asset Management, Inc. : FSAM-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 24, 2017 (NASDAQ:FSAM)
www.capitalcube.com - February 24 at 6:33 PM
News IconFifth Street Finance: All Time Low (NASDAQ:FSAM)
bdcreporter.com - February 10 at 5:55 PM
finance.yahoo.com logoFifth Street Asset Management (FSAM): Stock Gains 7.9% (NASDAQ:FSAM)
finance.yahoo.com - January 26 at 3:26 PM
4-traders.com logoFIFTH STREET ASSET MANAGEMENT INC. : Change in Directors or Principal Officers (form 8-K) (NASDAQ:FSAM)
www.4-traders.com - January 19 at 6:58 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:FSAM)
biz.yahoo.com - January 19 at 6:58 PM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for January 18th (NASDAQ:FSAM)
finance.yahoo.com - January 18 at 5:44 PM
fool.com logoBDCs Did Worse and Tried to Be Responsible in 2016 (NASDAQ:FSAM)
www.fool.com - January 12 at 5:43 PM
capitalcube.com logoETFs with exposure to Fifth Street Asset Management, Inc. : December 27, 2016 (NASDAQ:FSAM)
www.capitalcube.com - December 27 at 5:26 PM
4-traders.com logoFifth Street Senior Floating Rate : posts 4Q profit (NASDAQ:FSAM)
www.4-traders.com - December 15 at 2:22 AM
finance.yahoo.com logoFifth Street Senior Floating Rate Corp. Announces Fourth Quarter and Fiscal Year Ended September 30, 2016 Financial Results (NASDAQ:FSAM)
finance.yahoo.com - December 14 at 4:19 PM
finance.yahoo.com logoFifth Street Senior Floating Rate Corp. Appoints Patrick J. Dalton as Chief Executive Officer (NASDAQ:FSAM)
finance.yahoo.com - December 14 at 4:19 PM
prnewswire.com logoClass Action Settlement on Behalf of Shareholders of Fifth Street Finance Corp. is Announced by Labaton Sucharow LLP (NASDAQ:FSAM)
www.prnewswire.com - December 7 at 10:29 PM
finance.yahoo.com logoIs Fifth Street an Incredible Value Stock? 3 Reasons Why FSAM Will Be Tough to Beat (NASDAQ:FSAM)
finance.yahoo.com - December 6 at 5:27 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statement (NASDAQ:FSAM)
biz.yahoo.com - December 6 at 10:58 AM
capitalcube.com logoFifth Street Asset Management, Inc. :FSAM-US: Earnings Analysis: Q3, 2016 By the Numbers : November 30, 2016 (NASDAQ:FSAM)
us.rd.yahoo.com - November 30 at 5:24 PM
sg.finance.yahoo.com logoFifth Street Finance reports 4Q loss (NASDAQ:FSAM)
sg.finance.yahoo.com - November 29 at 5:12 PM
sg.finance.yahoo.com logoFifth Street Finance reports 4Q loss (NASDAQ:FSAM)
sg.finance.yahoo.com - November 29 at 5:12 PM
seekingalpha.com logoFifth Street Asset Management's (FSAM) CEO Leonard Tannenbaum on Q3 2016 Results - Earnings Call Transcript (NASDAQ:FSAM)
seekingalpha.com - November 22 at 10:45 PM
finance.yahoo.com logoEdited Transcript of FSAM earnings conference call or presentation 22-Nov-16 2:00pm GMT (NASDAQ:FSAM)
finance.yahoo.com - November 22 at 10:45 PM
streetinsider.com logoFifth Street Asset Management (FSAM) Tops Q3 EPS by 5c (NASDAQ:FSAM)
www.streetinsider.com - November 22 at 4:53 PM
biz.yahoo.com logoFifth Street Asset Management Inc Earnings Call scheduled for 9:00 am ET today (NASDAQ:FSAM)
biz.yahoo.com - November 22 at 8:33 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD D (NASDAQ:FSAM)
biz.yahoo.com - November 21 at 5:27 PM
seekingalpha.com logoFifth Third Asset Management delaying 10-Q (NASDAQ:FSAM)
seekingalpha.com - November 15 at 5:39 PM
biz.yahoo.com logoQ3 2016 Fifth Street Asset Management Inc Earnings Release - After Market Close (NASDAQ:FSAM)
biz.yahoo.com - November 14 at 9:03 AM
capitalcube.com logoFifth Street Asset Management, Inc. : FSAM-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 24, 2016 (NASDAQ:FSAM)
www.capitalcube.com - October 24 at 4:57 PM
fxpips.com logoActive Stocks on Downward Trend – RRD, NRCIB, CAC, FSAM, VEC, APD, ZJZZT (NASDAQ:FSAM)
www.fxpips.com - October 4 at 9:54 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FSAM)
biz.yahoo.com - September 30 at 10:12 AM
seekingalpha.com logoFifth Street Asset Management goes ex-dividend today (NASDAQ:FSAM)
seekingalpha.com - September 28 at 4:55 PM
finance.yahoo.com logoLooking for a Top Value Stock? 3 Reasons Why Fifth Street Asset (FSAM) is an Excellent Choice (NASDAQ:FSAM)
finance.yahoo.com - September 27 at 5:06 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Unregistered Sale of Equity Securities (NASDAQ:FSAM)
biz.yahoo.com - September 21 at 5:36 PM
finance.yahoo.com logoFifth Street Asset Management (FSAM) Shares March Higher, Can It Continue? (NASDAQ:FSAM)
finance.yahoo.com - September 21 at 9:20 AM
finance.yahoo.com logoFifth Street Asset Management: 3 Reasons Why FSAM Is a Top Choice for Value Investors (NASDAQ:FSAM)
finance.yahoo.com - September 8 at 5:01 PM
finance.yahoo.com logo3 Reasons Why Fifth Street Asset Management (FSAM) is a Great Momentum Stock (NASDAQ:FSAM)
finance.yahoo.com - September 7 at 5:15 PM
capitalcube.com logoETF’s with exposure to Fifth Street Asset Management, Inc. : September 2, 2016 (NASDAQ:FSAM)
www.capitalcube.com - September 2 at 5:00 PM
News IconFifth Street Asset Management Inc. (FSAM): Mangrove Partners Lowers Its Stake to Less Than 1% (NASDAQ:FSAM)
feedproxy.google.com - September 1 at 1:33 PM
reuters.com logoBRIEF-Mangrove Partners Master Fund Ltd cuts stake in in fifth street asset management to 7.9 pct (NASDAQ:FSAM)
www.reuters.com - August 30 at 5:12 PM
News Icon10% Owner of Fifth Street Asset Management I (NASDAQ:FSAM), Mangrove Partners Master Fund,, sells 31,964 shares worth $160,966 (NASDAQ:FSAM)
empowerednews.net - August 30 at 5:12 PM
News Icon10% Owner of Fifth Street Asset Management I (NASDAQ:FSAM), Mangrove Partners Master Fund,, sells 17,232 shares worth $88,207 (NASDAQ:FSAM)
empowerednews.net - August 26 at 4:57 PM
finance.yahoo.com logoCan The Uptrend Continue for Fifth Street Asset Management (FSAM)? (NASDAQ:FSAM)
finance.yahoo.com - August 26 at 4:57 PM
reuters.com logoBRIEF-Mangrove Partners Fund reports sale of Fifth Street Asset Management's Class A stock (NASDAQ:FSAM)
www.reuters.com - August 25 at 10:06 AM
finance.yahoo.com logoEdited Transcript of FSAM earnings conference call or presentation 17-Aug-16 2:00pm GMT (NASDAQ:FSAM)
finance.yahoo.com - August 18 at 8:03 AM
seekingalpha.com logoFifth Street Asset Management's (FSAM) CEO Leonard Tannenbaum on Q2 2016 Results - Earnings Call Transcript (NASDAQ:FSAM)
seekingalpha.com - August 17 at 5:20 PM
reuters.com logoBRIEF-Fifth Street Asset Management Q2 adj pro forma EPS $0.20 (NASDAQ:FSAM)
www.reuters.com - August 16 at 8:26 AM
4-traders.com logoFIFTH STREET ASSET MANAGEMENT INC. : Results of Operations and Financial Condition, Regulation FD Disclosure (form 8-K) (NASDAQ:FSAM)
www.4-traders.com - August 16 at 8:26 AM
biz.yahoo.com logoQ2 2016 Fifth Street Asset Management Inc Earnings Release - After Market Close (NASDAQ:FSAM)
biz.yahoo.com - August 15 at 12:22 PM
finance.yahoo.com logoFifth Street Senior Floating Rate Corp. Announces Quarter Ended June 30, 2016 Financial Results (NASDAQ:FSAM)
finance.yahoo.com - August 9 at 9:27 PM
sg.finance.yahoo.com logoFifth Street Finance reports 3Q loss (NASDAQ:FSAM)
sg.finance.yahoo.com - August 9 at 8:00 AM
seekingalpha.com logoFifth Street discloses SEC probe (NASDAQ:FSAM)
seekingalpha.com - August 4 at 5:26 PM
reuters.com logoBRIEF-Fifth Street Asset Management says previously disclosed it is named as defendant in various legal proceedings (NASDAQ:FSAM)
www.reuters.com - August 4 at 5:26 PM
forbes.com logoFifth Street Discloses SEC Subpoena, Plans To Settle Shareholder Fraud Lawsuits (NASDAQ:FSAM)
www.forbes.com - August 4 at 5:26 PM

Social

What is Fifth Street Asset Management's stock symbol?

Fifth Street Asset Management trades on the NASDAQ under the ticker symbol "FSAM."

How often does Fifth Street Asset Management pay dividends? What is the dividend yield for Fifth Street Asset Management?

Fifth Street Asset Management announced a quarterly dividend on Monday, December 5th. Shareholders of record on Friday, December 30th will be given a dividend of $0.125 per share on Friday, January 13th. This represents a $0.50 dividend on an annualized basis and a yield of 9.35%. The ex-dividend date is Wednesday, December 28th. This is an increase from Fifth Street Asset Management's previous quarterly dividend of $0.10.

Where is Fifth Street Asset Management's stock going? Where will Fifth Street Asset Management's stock price be in 2017?

2 brokers have issued twelve-month price targets for Fifth Street Asset Management's stock. Their forecasts range from $4.00 to $6.25. On average, they anticipate Fifth Street Asset Management's share price to reach $5.13 in the next year.

When will Fifth Street Asset Management announce their earnings?

Fifth Street Asset Management is scheduled to release their next quarterly earnings announcement on Wednesday, March, 15th 2017.

Who owns Fifth Street Asset Management stock?

Fifth Street Asset Management's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Springhouse Capital (Master), LP (8.14%), Hotchkis & Wiley Capital Management LLC (5.82%), FMR LLC (5.00%), Renaissance Technologies LLC (4.55%), State Street Corp (1.45%) and Shelton Capital Management (1.00%). Company insiders that own Fifth Street Asset Management stock include David Einhorn, Financial Managem Philadelphia, Mangrove Partners Fund (Cayman, Mangrove Partners Master Fund,, Mark Jeffrey Gordon and Nathaniel H August.

Who bought Fifth Street Asset Management stock? Who is buying Fifth Street Asset Management stock?

Fifth Street Asset Management's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Hotchkis & Wiley Capital Management LLC, Shelton Capital Management, Dimensional Fund Advisors LP and State Street Corp. Company insiders that have bought Fifth Street Asset Management stock in the last two years include Mangrove Partners Master Fund, and Mark Jeffrey Gordon.

How do I buy Fifth Street Asset Management stock?

Shares of Fifth Street Asset Management 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 Fifth Street Asset Management stock cost?

One share of Fifth Street Asset Management stock can currently be purchased for approximately $5.35.

Fifth Street Asset Management (NASDAQ:FSAM) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)

Earnings History Chart

Earnings by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)

Dividend History Chart

Dividend Payments by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)

Last Updated on 2/26/2017 by MarketBeat.com Staff