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:
  • Sector: Finance
  • Industry: Investment Management
  • Sub-Industry: N/A
  • Symbol: NASDAQ:FSAM
  • CUSIP: N/A
  • Web: www.fifthstreetfinance.com
Capitalization:
  • Market Cap: $197.24 million
  • Outstanding Shares: 15,649,000
Average Prices:
  • 50 Day Moving Avg: $3.97
  • 200 Day Moving Avg: $4.26
  • 52 Week Range: $3.35 - $8.45
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: -0.46
Sales & Book Value:
  • Annual Revenue: $71.87 million
  • Price / Sales: 0.86
  • Book Value: $0.33 per share
  • Price / Book: 11.97
Dividend:
  • Annual Dividend: $0.35
  • Dividend Yield: 8.9%
Profitability:
  • EBIDTA: $35.88 million
  • Net Margins: -0.63%
  • Return on Equity: -399.09%
  • Return on Assets: 11.43%
Debt:
  • Debt-to-Equity Ratio: -0.23%
  • Current Ratio: 0.15%
  • Quick Ratio: 0.15%
Misc:
  • Average Volume: 92,942 shs.
  • Beta: 0.33
  • Short Ratio: 3.72
 

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. Stockholders of record on Friday, March 31st will be given a dividend of $0.125 per share on Friday, April 14th. This represents a $0.50 annualized dividend and a dividend yield of 12.66%. The ex-dividend date 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) posted its earnings results on Monday, May, 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.02. The business had revenue of $15.64 million for the quarter. Fifth Street Asset Management had a negative net margin of 0.63% and a negative return on equity of 399.09%. View Fifth Street Asset Management's Earnings History.

When will Fifth Street Asset Management make its next earnings announcement?

Fifth Street Asset Management is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Fifth Street Asset Management.

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

1 brokers have issued twelve-month price targets for Fifth Street Asset Management's shares. Their forecasts range from $4.00 to $4.00. On average, they expect Fifth Street Asset Management's stock price to reach $4.00 in the next twelve months. View Analyst Ratings for Fifth Street Asset Management.

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

Who are Fifth Street Asset Management's key executives?

Fifth Street Asset Management's management team includes the folowing people:

  • Alexander C. Frank, Chief Financial Officer, Chief Operating Officer, Principal Accounting Officer
  • David H. Harrison, Executive Vice President, Secretary
  • Ivelin M. Dimitrov, Chief Investment Officer
  • Leonard M. Tannenbaum, Chairman of the Board, Chief Executive Officer
  • Bernard D. Berman, Co-President, Chief Compliance Officer, Director
  • Thomas L. Harrison, Lead Independent Director
  • Michael W. Arthur, Director
  • Thomas R. Brandt, Independent Director
  • James F Velgot, Independent Director

Who owns Fifth Street Asset Management stock?

Fifth Street Asset Management's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Balyasny Asset Management LLC (2.46%), Vanguard Group Inc. (1.71%), Hotchkis & Wiley Capital Management LLC (1.63%), Greenwich Investment Management Inc. (0.76%), State Street Corp (0.73%) and JPMorgan Chase & Co. (0.56%). Company insiders that own Fifth Street Asset Management stock include David Einhorn, Mangrove Partners Fund (Cayman, Mangrove Partners Master Fund, 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 Hotchkis & Wiley Capital Management LLC, JPMorgan Chase & Co., Vanguard Group Inc., Greenwich Investment Management Inc., Bank of New York Mellon Corp and Parametric Portfolio Associates LLC. 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 Balyasny Asset Management LLC, FNY Partners Fund LP, Dimensional Fund Advisors LP, State Street Corp and Northern Trust Corp. 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.

What is Fifth Street Asset Management's stock price today?

One share of Fifth Street Asset Management stock can currently be purchased for approximately $3.95.


MarketBeat Community Rating for Fifth Street Asset Management (NASDAQ FSAM)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  210
MarketBeat's community ratings are surveys of what our community members think about Fifth Street Asset Management 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.

Analyst Ratings

Consensus Ratings for Fifth Street Asset Management (NASDAQ:FSAM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.00 (1.27% upside)

Analysts' Ratings History for Fifth Street Asset Management (NASDAQ:FSAM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/7/2016Credit Suisse GroupReiterated 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
(Data available from 9/25/2015 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
11/20/2017$0.11N/AView Earnings Details
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:$0.35
Dividend Yield:8.86%
Payout Ratio:-250.00% (Trailing 12 Months of Earnings)
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: 85.97%
Institutional Ownership Percentage: 8.58%
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 logoAres Management L.P. (ARES) versus Fifth Street Asset Management (FSAM) Financial Review
www.americanbankingnews.com - September 23 at 4:22 AM
reuters.com logoBRIEF-Fifth Street Asset Management says ‍alexander Frank resigned from his roles as COO,CFO effective as of Sept 30
www.reuters.com - September 23 at 3:52 AM
americanbankingnews.com logoCritical Survey: Fifth Street Asset Management (FSAM) versus Federated Investors (FII)
www.americanbankingnews.com - August 31 at 8:10 PM
americanbankingnews.com logoComparing Fifth Street Asset Management (FSAM) and Ares Management L.P. (ARES)
www.americanbankingnews.com - August 31 at 4:26 AM
streetinsider.com logoFifth Street Asset Management (FSAM) Reports Q2 Loss of $0.06/Share
www.streetinsider.com - August 21 at 11:19 PM
reuters.com logoBRIEF-Fifth Street Asset Management files for non-timely 10-Q‍
www.reuters.com - August 16 at 12:30 AM
americanbankingnews.com logoFifth Street Asset Management Inc. (FSAM) Posts Quarterly Earnings Results
www.americanbankingnews.com - August 14 at 7:38 AM
seekingalpha.com logoFifth Street Runs Away With Financial Service Gains Estimate For August Dividend Dogs
seekingalpha.com - August 9 at 7:01 PM
finance.yahoo.com logoWhat's Going on in BDC Land?
finance.yahoo.com - August 7 at 3:57 PM
americanbankingnews.com logoFifth Street Asset Management (NASDAQ:FSAM) versus Cohen & Steers (CNS) Critical Comparison
www.americanbankingnews.com - August 5 at 12:12 AM
finance.yahoo.com logoMedley Capital: Don't Fall for Insider Buying
finance.yahoo.com - August 2 at 7:43 PM
americanbankingnews.com logoComparing The Carlyle Group L.P. (CG) and Fifth Street Asset Management (FSAM)
www.americanbankingnews.com - July 28 at 7:17 AM
globenewswire.com logoFifth Street Asset Management Inc. Schedules Earnings Release for the Quarter ...
globenewswire.com - July 26 at 12:07 AM
finance.yahoo.com logoFifth Street Asset Management Inc. Schedules Earnings Release for the Quarter Ended June 30, 2017
finance.yahoo.com - July 25 at 7:04 PM
seekingalpha.com logoWhy Fifth Street Senior Floating Is Overvalued
seekingalpha.com - July 20 at 9:46 PM
finance.yahoo.com logoFifth Street Senior Floating Rate Corp. Schedules Earnings Release for the Quarter Ended June 30, 2017
finance.yahoo.com - July 19 at 7:29 PM
seekingalpha.com logoFifth Street Finance up 19% on deal for Oaktree to assume management
seekingalpha.com - July 15 at 12:50 AM
seekingalpha.com logoFifth Street retreats further from buyout-rumor spike
seekingalpha.com - July 10 at 6:47 PM
finance.yahoo.com logoCorporate News Blog - NewStar Financial Acquires Fifth Street Asset Management's Middle Market CLO Business
finance.yahoo.com - July 10 at 6:47 PM
finance.yahoo.com logo[$$] NewStar to Buy Fifth Street's Midmarket CLO Business
finance.yahoo.com - July 8 at 10:54 AM
seekingalpha.com logoScary Short Stories: Fifth Street Finance And Fifth Street Senior Floating Rate Corp.
seekingalpha.com - July 6 at 12:35 AM
finance.yahoo.com logoETFs with exposure to Fifth Street Asset Management, Inc. : July 4, 2017
finance.yahoo.com - July 5 at 7:23 AM
seekingalpha.com logoHoward Marks Takes The Fifth
seekingalpha.com - June 30 at 7:06 PM
finance.yahoo.com logoETFs with exposure to Fifth Street Asset Management, Inc. : June 20, 2017
finance.yahoo.com - June 20 at 6:02 PM
finance.yahoo.com logoFifth Street Asset Management, Inc. :FSAM-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 1:04 PM
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

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Chart

Fifth Street Asset Management (FSAM) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by MarketBeat.com Staff