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: $66.98 million
  • Outstanding Shares: 15,576,000
Average Prices:
  • 50 Day Moving Avg: $4.01
  • 200 Day Moving Avg: $5.02
  • 52 Week Range: $3.35 - $8.45
P/E:
  • Trailing P/E Ratio: 28.86
  • Foreward P/E Ratio: 11.94
  • P/E Growth: -0.51
Sales & Book Value:
  • Annual Revenue: $79.14 million
  • Price / Sales: 0.85
  • Book Value: $0.37 per share
  • Price / Book: 11.62
Dividend:
  • Annual Dividend: $0.50
  • Dividend Yield: 11.6%
Profitability:
  • EBIDTA: $42.32 million
  • Net Margins: 1.55%
  • Return on Equity: -527.80%
  • Return on Assets: 18.00%
Debt:
  • Debt-to-Equity Ratio: -8.91%
  • Current Ratio: 0.17%
  • Quick Ratio: 0.17%
Misc:
  • Average Volume: 98,694 shs.
  • Beta: 0.4
  • Short Ratio: 2.14
 
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 declared a quarterly dividend on Tuesday, March 21st. Investors 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 yield of 11.63%. 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) issued its quarterly earnings data on Monday, May, 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.02. The business earned $15.64 million during the quarter. Fifth Street Asset Management had a net margin of 1.55% and a negative return on equity of 527.80%. 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?

2 equities research analysts have issued 12 month price targets for Fifth Street Asset Management's shares. Their forecasts range from $4.00 to $6.25. On average, they expect Fifth Street Asset Management's share price to reach $5.13 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

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 $4.30.


MarketBeat Community Rating for Fifth Street Asset Management (NASDAQ FSAM)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  168
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, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $5.13 (19.19% 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 7/23/2015 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:11.63%
Payout Ratio:-5,000.00% (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: 6.38%
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
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
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

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Chart

Fifth Street Asset Management (FSAM) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff