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: $5.17
  • 50 Day Moving Average: $4.297
  • 200 Day Moving Average: $3.807
  • 52-Week Range: $1.31 - $8.38
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.34
  • P/E Growth: -1.000
  • Market Cap: $30.63M
  • Outstanding Shares: 5,842,000
  • Beta: 0.56
Additional Links:
Companies Related to Fifth Street Asset Management:

Analyst Ratings

Consensus Ratings for Fifth Street Asset Management (NASDAQ:FSAM) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $6.92 (33.78% upside)

Analysts' Ratings History for Fifth Street Asset Management (NASDAQ:FSAM)
Show:
DateFirmActionRatingPrice TargetDetails
8/26/2016Credit Suisse Group AGReiterated RatingNeutralView 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.Initiated CoverageNeutral$10.00View Rating Details
5/19/2015Royal Bank Of CanadaReiterated RatingOutperform$16.00 -> $13.00View Rating Details
5/19/2015JPMorgan Chase & Co.Lower Price TargetNeutral$13.00 -> $11.00View Rating Details
5/1/2015MLV & Co.Reiterated RatingBuy$14.00View Rating Details
(Data available from 8/31/2014 forward)

Earnings

Earnings History for Fifth Street Asset Management (NASDAQ:FSAM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/21/2016        
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: $0.63 EPS
Next Year EPS Consensus Estimate: $0.62 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:$0.40
Dividend Yield:7.74%
Payout Ratio:363.64% (Based on Trailing 12 Months of Earnings)
63.49% (Based on Current Year Consensus EPS Estimate)
64.52% (Based on Next Year Consensus EPS Estimate)

Dividend History for Fifth Street Asset Management (NASDAQ:FSAM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
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
4-traders.com logoFIFTH STREET ASSET MANAGEMENT INC. : Regulation FD Disclosure (form 8-K) (NASDAQ:FSAM)
www.4-traders.com - July 20 at 6:29 PM
globenewswire.com logoFifth Street Asset Management Inc. Schedules Earnings Release for the Quarter ... (NASDAQ:FSAM)
globenewswire.com - July 14 at 8:30 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:FSAM)
biz.yahoo.com - June 13 at 4:15 PM
capitalcube.com logoFifth Street Asset Management, Inc. :FSAM-US: Earnings Analysis: Q1, 2016 By the Numbers : May 26, 2016 (NASDAQ:FSAM)
www.capitalcube.com - May 26 at 12:03 PM
capitalcube.com logoFifth Street Asset Management, Inc. :FSAM-US: Earnings Analysis: Q1, 2016 By the Numbers : May 26, 2016 (NASDAQ:FSAM)
www.capitalcube.com - May 26 at 12:03 PM
feeds.reuters.com logoBRIEF-Fifth Street Asset Management expects to appoint Nathaniel August to its board (NASDAQ:FSAM)
feeds.reuters.com - April 7 at 10:02 AM
News Icon13G Filing: Springhouse Capital Takes Big Stake in Fifth Street Asset Management Inc. (FSAM) (NASDAQ:FSAM)
feedproxy.google.com - March 1 at 4:43 PM
finance.yahoo.com logoMarch 7 Alert: Law Offices of Howard G. Smith Reminds Fifth Street Asset Management, Inc. Investors of Upcoming Lead Plaintiff Deadline (NASDAQ:FSAM)
finance.yahoo.com - February 26 at 10:30 AM
News IconBillionaire David Einhorn’s Greenlight Capital Dumps Fifth Street Asset Management Inc. (FSAM) (NASDAQ:FSAM)
feedproxy.google.com - February 25 at 10:14 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Financial Statem (NASDAQ:FSAM)
biz.yahoo.com - February 24 at 6:12 AM
finance.yahoo.com logoIMPORTANT SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against Fifth Street Asset Management Inc. And Encourages Investors With Losses To Contact the Firm (NASDAQ:FSAM)
finance.yahoo.com - February 23 at 5:55 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale (NASDAQ:FSAM)
biz.yahoo.com - February 19 at 5:26 PM
finance.yahoo.com logoGlancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Fifth Street Asset Management, Inc. Investors (NASDAQ:FSAM)
finance.yahoo.com - February 19 at 10:30 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Fifth Street Asset Management, Inc. of Class Action and a Lead Plaintiff Deadline of March 7, 2016 (NASDAQ:FSAM)
finance.yahoo.com - February 16 at 1:10 PM
finance.yahoo.com logoSHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Fifth Street Asset Management, Inc. and a Lead Plaintiff Deadline of March 7, 2016 (NASDAQ:FSAM)
finance.yahoo.com - February 10 at 2:05 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Fifth Street Management Inc. - FSAM (NASDAQ:FSAM)
finance.yahoo.com - February 5 at 5:40 PM
finance.yahoo.com logoINVESTOR ALERT: The Law Offices of Vincent Wong Remind Investors of Class Action Involving Fifth Street Asset Management, Inc. and a Lead Plaintiff Deadline of March 7, 2016 - FSAM (NASDAQ:FSAM)
finance.yahoo.com - February 5 at 2:19 PM
finance.yahoo.com logoINVESTOR ALERT: Investigation of Fifth Street Asset Management, Inc. Announced by Law Offices of Howard G. Smith (NASDAQ:FSAM)
finance.yahoo.com - February 4 at 10:30 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Other Events (NASDAQ:FSAM)
biz.yahoo.com - February 2 at 4:07 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Fifth Street Asset Management, Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 7, 2016 – FSAM (NASDAQ:FSAM)
finance.yahoo.com - February 1 at 11:44 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:FSAM)
biz.yahoo.com - January 27 at 11:02 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Fifth Street Asset Management, Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 7, 2016 - FSAM (NASDAQ:FSAM)
finance.yahoo.com - January 27 at 10:26 AM
finance.yahoo.com logoLawsuit for Investors in Shares of Fifth Street Asset Management Inc (NASDAQ:FSAM) Announced by Shareholders Foundation (NASDAQ:FSAM)
finance.yahoo.com - January 26 at 10:05 AM
News Icon13G Filing: Mangrove Partners and Fifth Street Asset Management Inc. (FSAM) (NASDAQ:FSAM)
feedproxy.google.com - January 25 at 10:18 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Fifth Street Asset Management Inc. to Contact the Firm Before Lead Plaintiff Deadline (NASDAQ:FSAM)
finance.yahoo.com - January 23 at 11:00 AM
finance.yahoo.com logoSHAREHOLDER NOTICE: Khang & Khang LLP Announces an Ongoing Investigation of Claims Against Fifth Street Asset Management Inc. and Encourages Investors With Losses to Contact the Firm (NASDAQ:FSAM)
finance.yahoo.com - January 22 at 8:54 PM
finance.yahoo.com logoSTOCK ALERT: Rosen Law Firm Reminds Fifth Street Asset Management Inc. Investors of Important Deadline in Class Action – FSAM (NASDAQ:FSAM)
finance.yahoo.com - January 22 at 12:03 PM
finance.yahoo.com logoIMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces An Ongoing Investigation of Claims against Fifth Street Asset Management Inc. And Encourages Investors With Losses to Contact the Firm (NASDAQ:FSAM)
finance.yahoo.com - January 20 at 10:07 PM
seekingalpha.com logoFifth Street wins reduction in management fee (NASDAQ:FSAM)
seekingalpha.com - January 20 at 8:08 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Fina (NASDAQ:FSAM)
biz.yahoo.com - January 20 at 4:53 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Fifth Street Asset Management, Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 7, 2016 -- FSAM (NASDAQ:FSAM)
finance.yahoo.com - January 19 at 12:25 PM
finance.yahoo.com logoINVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims against Fifth Street Asset Management Inc. and Encourages Shareholders with Losses in Excess of $100,000 to Contact the Firm (NASDAQ:FSAM)
finance.yahoo.com - January 17 at 6:24 PM
finance.yahoo.com logoSHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Fifth Street Asset Management, Inc. and a Lead Plaintiff Deadline of March 7, 2016 - FSAM (NASDAQ:FSAM)
finance.yahoo.com - January 15 at 4:45 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Artic (NASDAQ:FSAM)
biz.yahoo.com - December 16 at 4:36 PM
finance.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Financials (NASDAQ:FSAM)
finance.yahoo.com - December 8 at 1:18 PM

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Fifth Street Asset Management (NASDAQ:FSAM) Chart for Wednesday, August, 31, 2016


Last Updated on 8/31/2016 by MarketBeat.com Staff