Fifth Street Asset Management Company Profile (NASDAQ:FSAM)

About Fifth Street Asset Management (NASDAQ:FSAM)

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: Capitalization:
  • Market Cap: $63.86 million
  • Outstanding Shares: 15,576,000
Average Prices:
  • 50 Day Moving Avg: $4.52
  • 200 Day Moving Avg: $5.65
  • 52 Week Range: $3.57 - $8.45
P/E:
  • Trailing P/E Ratio: 27.52
  • Foreward P/E Ratio: 11.39
  • P/E Growth: -0.46
Sales & Book Value:
  • Annual Revenue: $79.14 million
  • Price / Sales: 0.81
  • Book Value: $0.37 per share
  • Price / Book: 11.08
Dividend:
  • Annual Dividend: $0.50
  • Dividend Yield: 12.7%
Profitability:
  • EBIDTA: $42.32 million
  • 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%
Misc:
  • Average Volume: 92,708 shs.
  • Beta: 0.83
  • Short Ratio: 1.43
 

Frequently Asked Questions for Fifth Street Asset Management (NASDAQ:FSAM)

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 Tuesday, March 21st. Shareholders of record on Friday, March 31st will be paid a dividend of $0.125 per share on Friday, April 14th. This represents a $0.50 annualized dividend and a yield of 12.20%. The ex-dividend date of this dividend is Wednesday, March 29th. View Fifth Street Asset Management's Dividend History.

How were Fifth Street Asset Management's earnings last quarter?

Fifth Street Asset Management Inc (NASDAQ:FSAM) released its quarterly earnings results on Monday, May, 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.02. The firm had revenue of $15.64 million for the quarter. Fifth Street Asset Management had a net margin of 4.58% and a negative return on equity of 432.75%. View Fifth Street Asset Management's Earnings History.

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

3 brokerages have issued 12-month price objectives 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. View Analyst Ratings for Fifth Street Asset Management.

Who are some of Fifth Street Asset Management's key competitors?

Who owns Fifth Street Asset Management stock?

Fifth Street Asset Management's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.27%), Hotchkis & Wiley Capital Management LLC (2.16%), Vanguard Group Inc. (1.79%), FMR LLC (1.64%), Greenwich Investment Management Inc. (0.80%) and JPMorgan Chase & Co. (0.76%). Company insiders that own Fifth Street Asset Management stock include David Einhorn, Mangrove Partners Fund (Cayman, Mangrove Partners Master Fund,, Mark Jeffrey Gordon and Nathaniel H August. View Institutional Ownership Trends for Fifth Street Asset Management.

Who sold Fifth Street Asset Management stock? Who is selling Fifth Street Asset Management stock?

Fifth Street Asset Management's stock was sold by a variety of institutional investors in the last quarter, including Globeflex Capital L P, FMR LLC, Hotchkis & Wiley Capital Management LLC, Acrospire Investment Management LLC, JPMorgan Chase & Co. and Parametric Portfolio Associates LLC. Company insiders that have sold Fifth Street Asset Management stock in the last year include Mangrove Partners Fund (Cayman and Nathaniel H August. View Insider Buying and Selling for Fifth Street Asset Management.

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

Fifth Street Asset Management's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., Geode Capital Management LLC, Greenwich Investment Management Inc. and Bank of New York Mellon 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. View Insider Buying and Selling for Fifth Street Asset Management.

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 $4.10.

Analyst Ratings

Consensus Ratings for Fifth Street Asset Management (NASDAQ:FSAM) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $5.13 (25.00% upside)

Analysts' Ratings History for Fifth Street Asset Management (NASDAQ:FSAM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/18/2017ValuEngineDowngradeStrong-Buy -> BuyLowView Rating Details
11/7/2016Credit Suisse Group AGReiterated RatingHold$4.00N/AView Rating Details
8/25/2016Deutsche Bank AGBoost Price TargetBuy$5.00 -> $6.25N/AView Rating Details
11/25/2015FBR & CoLower Price TargetMarket Perform$8.50 -> $7.00N/AView Rating Details
6/8/2015Goldman Sachs Group IncInitiated CoverageNeutral$10.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Fifth Street Asset Management (NASDAQ:FSAM)
Earnings by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)
Earnings History by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/15/2017Q1$0.12$0.10$15.64 millionViewN/AView Earnings Details
3/21/2017Q4 2016$0.14$0.14$17.89 millionViewN/AView Earnings Details
11/21/2016Q3 2016$0.15$0.20$21.80 million$22.50 millionViewListenView Earnings Details
8/15/2016Q2$0.12$0.20$21.40 million$23.15 millionViewListenView Earnings Details
5/16/2016Q1$0.14$0.12$26.28 million$19.05 millionViewListenView Earnings Details
3/17/2016Q315$0.17$0.18$24.71 million$22.90 millionViewListenView Earnings Details
11/23/2015Q3$0.19$0.18$25.61 million$24.96 millionViewListenView Earnings Details
8/13/2015Q2$0.19$0.19$26.20 million$24.20 millionViewListenView Earnings Details
5/15/2015Q115$0.23$0.19$30.75 million$24.87 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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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)
Most Recent Dividend:4/14/2017
Annual Dividend:$0.50
Dividend Yield:12.20%
Payout Ratio:-416.67% (Trailing 12 Months of Earnings)
116.28% (Based on This Year's Estimates)
138.89% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)

Dividend History by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/21/2017Quarterly$0.1310.53%3/29/20173/31/20174/14/2017
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 and Institutional Ownership History for Fifth Street Asset Management (NASDAQ:FSAM)
Insider Ownership Percentage: 89.73%
Institutional Ownership Percentage: 55.64%
Insider Trades by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)
Institutional Ownership by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)
Insider Trades by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)
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

Headline Trends for Fifth Street Asset Management (NASDAQ:FSAM)
Latest Headlines for Fifth Street Asset Management (NASDAQ:FSAM)
Source:
DateHeadline
americanbankingnews.com logoFifth Street Asset Management Inc (FSAM) Downgraded by ValuEngine to Buy
www.americanbankingnews.com - May 18 at 4:08 PM
americanbankingnews.com logoFifth Street Asset Management Inc (FSAM) Posts Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 17 at 12:52 AM
finance.yahoo.com logoEdited Transcript of FSAM earnings conference call or presentation 16-May-17 2:00pm GMT
finance.yahoo.com - May 16 at 10:16 PM
reuters.com logoBRIEF-Fifth Street Asset Management announces Q1 GAAP earnings per share $0.10
www.reuters.com - May 16 at 5:13 PM
seekingalpha.com logoFifth Street Asset Management's (FSAM) CEO Leonard Tannenbaum on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 16 at 5:13 PM
finance.yahoo.com logoInvestor Network: Fifth Street Asset Management, Inc. to Host Earnings Call
finance.yahoo.com - May 16 at 11:41 AM
americanbankingnews.com logoFifth Street Asset Management (FSAM) Getting Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - May 1 at 5:40 PM
americanbankingnews.com logoFifth Street Asset Management (FSAM) Earns Media Impact Rating of 0.37
www.americanbankingnews.com - April 28 at 6:19 PM
finance.yahoo.com logo5 Reasons Fifth Street's Deal Talk Smells Fishy
finance.yahoo.com - April 26 at 8:05 PM
finance.yahoo.com logoFifth Street Asset Management Stock Climbs on Sale Exploration
finance.yahoo.com - April 20 at 12:16 PM
wsj.com logoFifth Street Asset Management to Explore Sale
www.wsj.com - April 19 at 5:14 PM
wsj.com logoFifth Street Asset Management to Explore Sale
www.wsj.com - April 19 at 5:14 PM
seekingalpha.com logoFifth Street Asset management exploring sale - WSJ
seekingalpha.com - April 19 at 5:14 PM
seekingalpha.com logoFifth Street Asset management exploring sale - WSJ
seekingalpha.com - April 19 at 5:14 PM
americanbankingnews.com logoFifth Street Asset Management (FSAM) Earns Daily Media Impact Score of 0.58
www.americanbankingnews.com - April 16 at 7:56 AM
finance.yahoo.com logoFifth Street Senior Floating Rate Corp. Schedules Earnings Release for the Quarter Ended March 31, 2 …
finance.yahoo.com - April 14 at 10:02 AM
americanbankingnews.com logoFifth Street Asset Management Inc (FSAM) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 13 at 11:09 AM
americanbankingnews.com logoFifth Street Asset Management (FSAM) Given Daily Coverage Optimism Score of 0.69
www.americanbankingnews.com - April 13 at 8:22 AM
finance.yahoo.com logoETFs with exposure to Fifth Street Asset Management, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 9:52 AM
finance.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Financials
finance.yahoo.com - March 24 at 5:27 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 22 at 9:19 AM
finance.yahoo.com logoFifth Street Supports Two Mergers by GTCR, Onvoy and Inteliquent, as well as LiquidPoint and Dash
finance.yahoo.com - March 22 at 9:19 AM
americanbankingnews.com logoFifth Street Asset Management Inc (FSAM) Issues Quarterly Earnings Results
www.americanbankingnews.com - March 22 at 9:17 AM
americanbankingnews.com logoFifth Street Asset Management Inc (fsam) Declares Quarterly Dividend of $0.13
www.americanbankingnews.com - March 22 at 8:47 AM
finance.yahoo.com logoEdited Transcript of FSAM earnings conference call or presentation 21-Mar-17 2:00pm GMT
finance.yahoo.com - March 21 at 10:28 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Results of Operati
biz.yahoo.com - March 21 at 5:27 PM
reuters.com logoBRIEF-Fifth Street Asset Management Q4 adjusted earnings $0.14/shr
www.reuters.com - March 21 at 8:45 AM
seekingalpha.com logoFifth Street Asset Management EPS in-line, misses on revenue
seekingalpha.com - March 21 at 8:45 AM
biz.yahoo.com logoQ4 2016 Fifth Street Asset Management Inc Earnings Release - Before Market Open
biz.yahoo.com - March 21 at 8:45 AM
thestreet.com logoFSAM Breaks Above 10% Yield Territory
www.thestreet.com - March 17 at 10:35 PM
finance.yahoo.com logoFifth Street Asset Management Inc. Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2016
finance.yahoo.com - March 7 at 11:30 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Other Events
biz.yahoo.com - March 1 at 4:59 PM
finance.yahoo.com logoFifth Street Asset Management (FSAM): Stock Gains 7.9%
finance.yahoo.com - January 26 at 3:26 PM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 19 at 6:58 PM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for January 18th
finance.yahoo.com - January 18 at 5:44 PM
fool.com logoBDCs Did Worse and Tried to Be Responsible in 2016
www.fool.com - January 12 at 5:43 PM
finance.yahoo.com logoFifth Street Senior Floating Rate Corp. Announces Fourth Quarter and Fiscal Year Ended September 30, 2016 Financial Results
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
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
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
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
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
us.rd.yahoo.com - November 30 at 5:24 PM
seekingalpha.com logoFifth Street Asset Management's (FSAM) CEO Leonard Tannenbaum on Q3 2016 Results - Earnings Call Transcript
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
finance.yahoo.com - November 22 at 10:45 PM
streetinsider.com logoFifth Street Asset Management (FSAM) Tops Q3 EPS by 5c
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
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
biz.yahoo.com - November 21 at 5:27 PM
seekingalpha.com logoFifth Third Asset Management delaying 10-Q
seekingalpha.com - November 15 at 5:39 PM
biz.yahoo.com logoQ3 2016 Fifth Street Asset Management Inc Earnings Release - After Market Close
biz.yahoo.com - November 14 at 9:03 AM
biz.yahoo.com logoFIFTH STREET ASSET MANAGEMENT INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - September 30 at 10:12 AM

Social

Fifth Street Asset Management (FSAM) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff