Fifth Street Finance Corp. Company Profile (NASDAQ:FSC)

About Fifth Street Finance Corp.

Fifth Street Finance Corp. logoFifth Street Finance Corp. is a specialty finance company. The Company is a closed-end, non-diversified management investment company. The Company acts as a business development company (BDC). The Company's investment objective is to maximize its portfolio's total return by generating current income from its debt investments, and capital appreciation from its equity investments. The Company lends to and invests in small and mid-sized companies, primarily in connection with investments by private equity sponsors. The Company seeks to invest in companies in connection with private equity sponsors. The Company invests in sectors, such as healthcare services; Internet software and services; multi-sector holdings; advertising; airlines, and construction and engineering. Fifth Street Management LLC is the Company's investment advisor.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: FSC
  • CUSIP: 31678A10
Key Metrics:
  • Previous Close: $4.59
  • 50 Day Moving Average: $5.23
  • 200 Day Moving Average: $5.58
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.06
  • P/E Growth: 1.49
  • Market Cap: $N/A
  • Beta: 0.29
Profitability:
  • Net Margins: -33.22%
  • Return on Equity: 9.13%
  • Return on Assets: 4.44%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 0.39%
  • Quick Ratio: 0.39%
Additional Links:
Companies Related to Fifth Street Finance Corp.:

Analyst Ratings

Consensus Ratings for Fifth Street Finance Corp. (NASDAQ:FSC) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $5.17 (12.56% upside)

Analysts' Ratings History for Fifth Street Finance Corp. (NASDAQ:FSC)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Barclays PLCSet Price TargetHold$5.00View Rating Details
2/13/2017National SecuritiesLower Price TargetNeutral$6.00 -> $4.00View Rating Details
8/16/2016Deutsche Bank AGLower Price TargetBuy$6.75 -> $6.50View Rating Details
5/31/2016Wells Fargo & CoReiterated RatingHoldView Rating Details
5/24/2016Maxim GroupDowngradeBuy -> HoldView Rating Details
2/19/2016Cantor FitzgeraldReiterated RatingHold$6.00View Rating Details
2/10/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details
2/10/2016SunTrust Banks, Inc.Lower Price TargetBuy$9.00 -> $8.00View Rating Details
2/10/2016Royal Bank of CanadaLower Price TargetOutperform$9.00 -> $8.00View Rating Details
2/10/2016BMO Capital MarketsLower Price TargetMarket Perform$8.00 -> $6.00View Rating Details
2/10/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$7.00 -> $6.00View Rating Details
11/19/2015Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
11/2/2015WunderlichDowngradeBuy -> HoldView Rating Details
5/1/2015MLV & Co.Reiterated RatingHoldView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Fifth Street Finance Corp. (NASDAQ:FSC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/9/2017Q1 2017$0.18$0.16ViewListenView Earnings Details
8/9/2016Q3$0.18$0.20$61.10 millionViewListenView Earnings Details
5/10/2016Q2$0.18$0.16ViewListenView Earnings Details
2/9/2016Q116$0.19$0.18$66.98 millionViewListenView Earnings Details
12/1/2015Q415$0.20$0.18ViewListenView Earnings Details
8/10/2015Q3$0.19$0.21$68.80 millionViewListenView Earnings Details
5/11/2015Q115$0.21$0.19$70.58 millionViewListenView Earnings Details
12/1/2014Q4$0.26$0.25ViewListenView Earnings Details
8/7/2014Q3$0.27$0.25ViewListenView Earnings Details
5/8/2014Q2$0.26$0.25$72.38 millionViewListenView Earnings Details
2/6/2014Q1$0.25$0.26ViewListenView Earnings Details
11/26/2013Q4$0.26$0.21ViewListenView Earnings Details
5/8/2013Q2 2013$0.28$0.28$54.05 millionViewListenView Earnings Details
2/6/2013Q1 2013$0.27$0.28$47.46 millionViewListenView Earnings Details
11/28/20120.27$0.27$43.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fifth Street Finance Corp. (NASDAQ:FSC)
Current Year EPS Consensus Estimate: $0.62 EPS
Next Year EPS Consensus Estimate: $0.65 EPS

Dividends

Current Dividend Information for Fifth Street Finance Corp. (NASDAQ:FSC)
Annual Dividend:$0.72
Dividend Yield:15.69%
Payout Ratio:-130.91% (Based on Trailing 12 Months of Earnings)
116.13% (Based on Current Year Consensus EPS Estimate)
110.77% (Based on Next Year Consensus EPS Estimate)

Dividend History for Fifth Street Finance Corp. (NASDAQ:FSC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/24/2016monthly$0.0612.79%12/13/201612/15/201612/30/2016
10/24/2016monthly$0.0612.79%1/11/20171/13/20171/31/2017
10/24/2016monthly$0.0612.79%2/13/20172/15/20172/28/2017
8/10/2016monthly$0.0612.29%9/13/20169/15/20169/30/2016
8/10/2016monthly$0.0612.29%11/10/201611/15/201611/30/2016
8/10/2016monthly$0.0612.29%10/12/201610/14/201610/31/2016
5/10/2016monthly$0.0613.79%6/13/20166/15/20166/30/2016
5/10/2016monthly$0.0613.79%8/11/20168/15/20168/31/2016
5/10/2016monthly$0.0613.79%7/13/20167/15/20167/29/2016
3/7/2016monthly$0.0613.95%4/13/20164/15/20164/29/2016
3/7/2016monthly$0.0613.95%5/11/20165/13/20165/31/2016
2/9/2016monthly$0.0613.95%3/11/20163/15/20163/31/2016
12/3/2015monthly$0.0611.36%12/11/201512/15/201512/30/2015
12/3/2015monthly$0.0611.36%2/10/20162/12/20162/26/2016
12/3/2015monthly$0.0611.36%1/13/20161/15/20161/28/2016
8/17/2015Monthly$0.0611/12/201511/16/201511/30/2015
8/4/2015$0.0610/13/201510/15/201510/30/2015
8/4/2015$0.069/11/20159/15/20159/30/2015
2/3/2015$0.067/13/20157/15/20157/30/2016
2/11/2015monthly$0.0610.5%4/13/20154/15/20154/30/2015
2/11/2015monthly$0.0610.5%5/13/20155/15/20155/29/2015
2/11/2015monthly$0.0610.5%7/13/20157/15/20157/31/2015
2/11/2015monthly$0.0610.5%8/12/20158/14/20158/31/2015
2/11/2015monthly$0.0610.5%6/11/20156/15/20156/30/2015
2/11/2015monthly$0.0610.5%3/12/20153/16/20153/31/2015
11/26/2014jan 15$0.091/13/20151/15/20151/30/2015
11/26/2014dec 14$0.0912/11/201412/15/201412/30/2014
7/8/2014monthly$0.0910.97%11/12/201411/14/201411/28/2014
7/8/2014monthly$0.0910.97%10/10/201410/15/201410/31/2014
7/8/2014monthly$0.0910.97%9/11/20149/15/20149/30/2014
2/7/2014monthly$0.0810.4%6/12/20146/16/20146/30/2014
2/7/2014monthly$0.0810.4%7/11/20147/15/20147/31/2014
2/7/2014monthly$0.0810.4%8/13/20148/15/20148/29/2014
11/26/2013monthly$0.0810.35%5/13/20145/15/20145/30/2014
11/26/2013monthly$0.0810.35%4/11/20144/15/20144/30/2014
11/26/2013monthly$0.0810.35%2/12/20142/14/20142/28/2014
11/26/2013monthly$0.0810.35%3/12/20143/14/20143/31/2014
11/26/2013monthly$0.0510.35%12/11/201312/13/201312/30/2013
11/26/2013monthly$0.0810.35%1/13/20141/15/20141/31/2014
8/8/2013monthly$0.1010.61%9/11/20139/13/20139/30/2013
8/8/2013monthly$0.1010.61%11/13/201311/15/201311/29/2013
8/8/2013monthly$0.1010.61%10/10/201310/15/201310/31/2013
5/9/2013monthly$0.1010.51%7/11/20137/15/20137/31/2013
5/9/2013monthly$0.1010.51%6/12/20136/14/20136/28/2013
5/9/2013monthly$0.1010.51%8/13/20138/15/20138/30/2013
1/16/2013monthly$0.1010.81%5/13/20135/15/20135/31/2013
1/16/2013monthly$0.1010.81%4/11/20134/15/20134/30/2013
1/16/2013monthly$0.1010.81%3/13/20133/15/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fifth Street Finance Corp. (NASDAQ:FSC)
Insider Ownership Percentage: 0.08%
Institutional Ownership Percentage: 32.17%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2017James Castro-BlancoDirectorBuy20,000$4.62$92,400.00View SEC Filing  
2/16/2017Sandeep K KhoranaDirectorBuy2,200$4.65$10,230.00View SEC Filing  
2/14/2017Patrick J DaltonCEOBuy22,500$4.57$102,825.00View SEC Filing  
2/14/2017Steven M NoreikaCFOBuy1,000$4.62$4,620.00View SEC Filing  
2/13/2017Richard P DutkiewiczDirectorBuy4,000$4.57$18,280.00View SEC Filing  
2/10/2017Byron J HaneyDirectorBuy18,000$4.61$82,980.00View SEC Filing  
12/23/2016Leonard M TannenbaumMajor ShareholderSell900$5.55$4,995.00View SEC Filing  
12/21/2016Leonard M TannenbaumMajor ShareholderSell10,605$5.55$58,857.75View SEC Filing  
12/13/2016Leonard M TannenbaumMajor ShareholderSell80,784$5.58$450,774.72View SEC Filing  
12/9/2016Leonard M TannenbaumMajor ShareholderSell150,000$5.56$834,000.00View SEC Filing  
12/6/2016Richard P DutkiewiczDirectorBuy5,000$5.53$27,650.00View SEC Filing  
8/31/2016James Castro-BlancoDirectorBuy8,250$6.16$50,820.00View SEC Filing  
2/24/2016Brian S DunnDirectorBuy6,000$4.52$27,120.00View SEC Filing  
2/22/2016Brian S DunnDirectorBuy15,000$4.69$70,350.00View SEC Filing  
9/28/2015James Castro-BlancoDirectorBuy3,000$6.58$19,740.00View SEC Filing  
2/12/2015Todd OwensCEOBuy10,000$7.05$70,500.00View SEC Filing  
2/11/2015Leonard M TannenbaumDirectorBuy1,121,851$6.94$7,785,645.94View SEC Filing  
2/10/2015Bernard D BermanDirectorBuy2,000$6.99$13,980.00View SEC Filing  
12/3/2014Richard A PetrocelliCFOBuy2,000$8.52$17,040.00View SEC Filing  
8/20/2014Ivelin M DimitrovCIOBuy1,000$9.74$9,740.00View SEC Filing  
3/3/2014Ivelin DimitrovCIOBuy1,000$9.84$9,840.00View SEC Filing  
12/13/2013Leonard TannenbaumCEOBuy20,000$8.98$179,600.00View SEC Filing  
12/3/2013Bernard BermanInsiderBuy1,000$9.39$9,390.00View SEC Filing  
6/20/2013Bernard D BermanInsiderBuy1,000$9.95$9,950.00View SEC Filing  
6/20/2013Leonard M TannenbaumCEOBuy20,000$9.94$198,800.00View SEC Filing  
5/29/2013Leonard M TannenbaumCEOBuy25,000$10.37$259,250.00View SEC Filing  
5/23/2013Bernard D BermanInsiderBuy1,000$10.47$10,470.00View SEC Filing  
5/16/2013Ivelin M DimitrovCIOBuy1,000$10.71$10,710.00View SEC Filing  
5/15/2013Richard P DutkiewiczDirectorBuy4,000$10.79$43,160.00View SEC Filing  
3/1/2013Douglas F RayDirectorBuy5,700$10.69$60,933.00View SEC Filing  
2/14/2013Ivelin M DimitrovCIOBuy1,000$10.94$10,940.00View SEC Filing  
2/13/2013Leonard M TannenbaumCEOBuy15,000$10.86$162,900.00View SEC Filing  
12/28/2012Bernard D BermanInsiderBuy1,000$10.18$10,180.00View SEC Filing  
12/6/2012Ivelin M DimitrovCIOBuy1,000$10.58$10,580.00View SEC Filing  
12/4/2012Leonard M TannenbaumCEOBuy10,000$10.43$104,300.00View SEC Filing  
8/28/2012Leonard M TannenbaumCEOBuy10,000$10.48$104,800.00View SEC Filing  
8/14/2012Ivelin M DimitrovCIOBuy1,000$10.33$10,330.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fifth Street Finance Corp. (NASDAQ:FSC)
DateHeadline
News IconStock Check: Reviewing the Numbers for Fifth Street Finance Corp (FSC) - Davidson Register (NASDAQ:FSC)
davidsonregister.com - February 25 at 2:57 AM
News IconNews Impact Score Of Fifth Street Finance Corp. (NASDAQ:FSC) At 0 - Stock Observer (NASDAQ:FSC)
www.thestockobserver.com - February 25 at 2:57 AM
News IconNational Securities Lowers Fifth Street Finance Corp. (FSC) Price Target to $4.00 (NASDAQ:FSC)
prensariotiretail.com - February 19 at 10:42 AM
News IconDividend Growth of Fifth Street Finance Corp.(FSC) (NASDAQ:FSC)
latribunadecanarias.com - February 19 at 10:42 AM
News IconFifth Street Finance Corp. (FSC) Director Acquires $10230.00 in Stock (NASDAQ:FSC)
www.graffiotech.com - February 19 at 10:42 AM
News IconPulling Back The Curtain on Fifth Street Finance Corp. (NASDAQ:FSC): Analysts & Wall Street Chime In - Winfield Review (NASDAQ:FSC)
winfieldreview.com - February 17 at 3:52 PM
seekingalpha.com logoFSC: Collapse. Now What? - Seeking Alpha (NASDAQ:FSC)
seekingalpha.com - February 17 at 3:52 PM
News IconDividend Growth of Fifth Street Finance Corp.(FSC) - Highland Mirror (NASDAQ:FSC)
www.highlandmirror.com - February 17 at 3:52 PM
zacks.com logoShould You Get Rid of Fifth Street Finance (FSC) Now? (NASDAQ:FSC)
www.zacks.com - February 17 at 8:57 AM
News IconDirector of Fifth Street Finance Corp (NASDAQ:FSC), Ray Douglas F, buys 6,400 shares worth $29,952 (NASDAQ:FSC)
empowerednews.net - February 16 at 10:16 PM
News IconDirector of Fifth Street Finance Corp (NASDAQ:FSC), Ray Douglas F, buys 6,400 shares worth $29,952 (NASDAQ:FSC)
empowerednews.net - February 16 at 10:16 PM
News IconFifth Street Finance Corp. (NASDAQ:FSC) Closed last trading session at $4.51 (NASDAQ:FSC)
prensariotiretail.com - February 15 at 4:23 AM
marketexclusive.com logoInsider Trading Activity Fifth Street Finance Corp. (NASDAQ:FSC) – Director Bought 4,000 shares of Stock (NASDAQ:FSC)
marketexclusive.com - February 14 at 11:23 PM
finance.yahoo.com logoFIFTH STREET FINANCE CORP. Financials (NASDAQ:FSC)
finance.yahoo.com - February 14 at 6:21 PM
News IconNews Impact Score Of Fifth Street Finance Corp. (NASDAQ:FSC) At 79 - Stock Observer (NASDAQ:FSC)
www.thestockobserver.com - February 12 at 3:23 AM
News IconFifth Street Finance Corp. (NASDAQ:FSC) Mean Price Target At $6 ... - Transcript Daily (NASDAQ:FSC)
transcriptdaily.com - February 12 at 3:23 AM
nasdaq.com logoFifth Street Finance Corp. (FSC) Ex-Dividend Date Scheduled for February 13, 2017 - Nasdaq (NASDAQ:FSC)
www.nasdaq.com - February 12 at 3:23 AM
blogs.barrons.com logoA Year Later, Same Story for 2 BDCs: PSEC Up, FSC Down (NASDAQ:FSC)
blogs.barrons.com - February 10 at 5:55 PM
finance.yahoo.com logoEdited Transcript of FSC earnings conference call or presentation 9-Feb-17 3:00pm GMT (NASDAQ:FSC)
finance.yahoo.com - February 9 at 10:57 PM
seekingalpha.com logoFifth Street Finance's (FSC) CEO Patrick Dalton on Q1 2017 Results - Earnings Call Transcript (NASDAQ:FSC)
seekingalpha.com - February 9 at 5:57 PM
biz.yahoo.com logoFIFTH STREET FINANCE CORP. Files SEC form 10-Q, Quarterly Report (NASDAQ:FSC)
us.rd.yahoo.com - February 9 at 5:57 PM
us.rd.yahoo.com logoFifth Street Finance Corp. Announces Quarter Ended December 31, 2016 Financial Results (NASDAQ:FSC)
us.rd.yahoo.com - February 9 at 5:57 PM
biz.yahoo.com logoQ1 2017 Fifth Street Finance Corp Earnings Release - Before Market Open (NASDAQ:FSC)
us.rd.yahoo.com - February 9 at 5:57 PM
biz.yahoo.com logoFIFTH STREET FINANCE CORP. Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:FSC)
us.rd.yahoo.com - February 9 at 5:57 PM
sg.finance.yahoo.com logoFifth Street Finance reports 1Q loss (NASDAQ:FSC)
us.rd.yahoo.com - February 9 at 5:57 PM
biz.yahoo.com logoFifth Street Finance Corp Earnings Call scheduled for 10:00 am ET today (NASDAQ:FSC)
us.rd.yahoo.com - February 9 at 5:57 PM
fool.com logoWhy Fifth Street Finance Corp. Stock Dropped Today (NASDAQ:FSC)
www.fool.com - February 9 at 12:09 PM
News IconFifth Street Finance Corp. (NASDAQ:FSC) Quarterly EPS Projection At $0.18 - Stock Observer (NASDAQ:FSC)
www.thestockobserver.com - February 5 at 5:05 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Fifth Street Finance Corp. (NASDAQ:FSC)? - Wall Street Beacon (NASDAQ:FSC)
wsbeacon.com - January 31 at 5:59 PM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One Fare: Fifth Street Finance Corp. (NASDAQ:FSC) - Wall Street Beacon (NASDAQ:FSC)
wsbeacon.com - January 30 at 9:27 PM
News IconEPS Forecast Of Fifth Street Finance Corp. (NASDAQ:FSC) Set At $0.1833 - Transcript Daily (NASDAQ:FSC)
transcriptdaily.com - January 30 at 9:27 PM
investornewswire.com logoFifth Street Finance Corp. (NASDAQ:FSC) Sales Predicted At $224.4 - Investor Newswire (NASDAQ:FSC)
www.investornewswire.com - January 29 at 10:20 PM
News IconFifth Street Finance Corp. (NASDAQ:FSC) Price Target At $6 ... - Transcript Daily (NASDAQ:FSC)
transcriptdaily.com - January 29 at 10:20 PM
News IconFifth Street Finance Corp. (NASDAQ:FSC) Quarterly EPS Projection ... - Stock Observer (NASDAQ:FSC)
www.thestockobserver.com - January 29 at 10:20 PM
News IconRange Watch on Technical Indicators for Fifth Street Finance Corp. (FSC) - Sherwood Daily (NASDAQ:FSC)
sherwooddaily.com - January 26 at 3:26 PM
finance.yahoo.com logoNew Strong Sell Stocks for January 26th (NASDAQ:FSC)
finance.yahoo.com - January 26 at 3:26 PM
globenewswire.com logoFifth Street Finance Corp. Schedules Earnings Release for the Quarter Ended ... (NASDAQ:FSC)
globenewswire.com - January 25 at 11:51 PM
News IconCCI Focus on Shares of Fifth Street Finance Corp. (FSC) - Sherwood Daily (NASDAQ:FSC)
sherwooddaily.com - January 25 at 6:47 PM
globenewswire.com logoFifth Street Finance Corp. Schedules Earnings Release for the Quarter Ended December 31, 2016 - GlobeNewswire (press release) (NASDAQ:FSC)
globenewswire.com - January 25 at 6:47 PM
feeds.benzinga.com logoFifth Street Finance Corp. Schedules Earnings Release for the Quarter Ended December 31, 2016 (NASDAQ:FSC)
feeds.benzinga.com - January 25 at 8:49 AM
News IconPrice Target Of Fifth Street Finance Corp. (NASDAQ:FSC)At $6 ... - Transcript Daily (NASDAQ:FSC)
transcriptdaily.com - January 24 at 5:59 PM
News IconAnalysts Pounding The Pavement on Fifth Street Finance Corp. (NASDAQ:FSC): Consensus Update - Wall Street Beacon (NASDAQ:FSC)
wsbeacon.com - January 24 at 5:59 PM
News IconEarnings in Full Force, Analysts Take Aim at Fifth Street Finance Corp. (NASDAQ:FSC) - Wall Street Beacon (NASDAQ:FSC)
wsbeacon.com - January 24 at 5:59 PM
News IconSignal Watch: Checking the Numbers for Fifth Street Finance Corp. (FSC) - Rives Journal (NASDAQ:FSC)
rivesjournal.com - January 20 at 11:38 PM
News IconMean Price Target Of Fifth Street Finance Corp. (NASDAQ:FSC) At $6 - Transcript Daily (NASDAQ:FSC)
transcriptdaily.com - January 20 at 6:36 PM
News IconNews Impact Score Of Fifth Street Finance Corp. (NASDAQ:FSC) Set At 100 - Stock Observer (NASDAQ:FSC)
www.thestockobserver.com - January 20 at 6:36 PM
News IconWill The Needle Move For Fifth Street Finance Corp. (NASDAQ:FSC) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:FSC)
wsbeacon.com - January 17 at 7:38 AM
News IconWall Street and Armchair Analysts Weigh in on Fifth Street Finance Corp. (NASDAQ:FSC) Heading Into The New Year - Wall Street Beacon (NASDAQ:FSC)
wsbeacon.com - January 17 at 7:38 AM
News IconTarget Price Of Fifth Street Finance Corp. (NASDAQ:FSC) At $6 - Transcript Daily (NASDAQ:FSC)
transcriptdaily.com - January 15 at 10:02 PM
News IconEPS Of Fifth Street Finance Corp. (NASDAQ:FSC) At $0.18 | Stock ... - Stock Observer (NASDAQ:FSC)
www.thestockobserver.com - January 15 at 10:02 PM

Social

What is Fifth Street Finance Corp.'s stock symbol?

Fifth Street Finance Corp. trades on the NASDAQ under the ticker symbol "FSC."

How often does Fifth Street Finance Corp. pay dividends? What is the dividend yield for Fifth Street Finance Corp.?

Fifth Street Finance Corp. declared a monthly dividend on Monday, October 24th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.06 per share on Friday, December 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 15.69%. The ex-dividend date is Tuesday, December 13th.

Where is Fifth Street Finance Corp.'s stock going? Where will Fifth Street Finance Corp.'s stock price be in 2017?

5 equities research analysts have issued 1 year price objectives for Fifth Street Finance Corp.'s stock. Their forecasts range from $4.00 to $6.50. On average, they anticipate Fifth Street Finance Corp.'s stock price to reach $5.17 in the next year.

When will Fifth Street Finance Corp. announce their earnings?

Fifth Street Finance Corp. is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

What are analysts saying about Fifth Street Finance Corp. stock?

Here are some recent quotes from research analysts about Fifth Street Finance Corp. stock:

  • National Securities analysts commented, "• NAV/share decreased 8% Q/Q from $7.97 to $7.31 as non-accruals at cost spiked to $358.0 million from $214.8 million. Non-accruals now represent 16.7% of the portfolio at amortized cost from 9.4% the quarter prior.
    • The quarterly dividend of $0.18 is being reduced to $0.125/share for the 9/30/17 quarter but will be $0.14/share for the quarter ended 3/31/17 and $0.02/share for the quarter ended 6/30/17.
    • Despite the new CEO and plan of action laid out by FSC we do not have much faith in the company to successfully execute on its initiatives. We had nothing against Mr. Owens and likewise have nothing against Mr. Dalton, but the genesis of value destruction at FSC is the external manager, which has used FSC as an asset gatherer for fee income rather than a true credit investor, as we see it. It took years of declining performance and staving off an activist investor for FSC to even modestly address the issues of fees and we do not think this is something the market will soon forget. Additionally, while we are happy the incentive fee will have a rolling three year look-back it will be from 1/1/17 and thus offers little consolation to shareholders who have paid untenable fees for poor performance in the past.
    • We are revising our fiscal 2017 NII/share estimate from $0.74 to $0.54 and our fiscal 2018 NII/share estimate from $0.71 to $0.50.
    " (2/13/2017)

  • According to Zacks Investment Research, "FIFTH STREET FINANCE CORP. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with an investment by private equity sponsors. Fifth Street Finance Corp.'s investment objective is to maximize its portfolio's total return by generating current income from its debt investments and capital appreciation from its equity investments. " (12/2/2016)

Who owns Fifth Street Finance Corp. stock?

Fifth Street Finance Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Delphi Financial Group Inc. (0.00%), Two Sigma Investments LP (0.00%), Van ECK Associates Corp (0.00%), Guggenheim Capital LLC (0.00%), Putnam Investments LLC (0.00%) and Gabelli Funds LLC (0.00%). Company insiders that own Fifth Street Finance Corp. stock include Brian S Dunn, Byron J Haney, James Castro-Blanco, Leonard M Tannenbaum, Patrick J Dalton, Richard P Dutkiewicz, Sandeep K Khorana and Steven M Noreika.

Who sold Fifth Street Finance Corp. stock? Who is selling Fifth Street Finance Corp. stock?

Fifth Street Finance Corp.'s stock was sold by a variety of institutional investors in the last quarter, including American National Insurance Co. TX, GSA Capital Partners LLP, Putnam Investments LLC, Raymond James Financial Services Advisors Inc., Royce & Associates LP and Archford Capital Strategies LLC.

Who bought Fifth Street Finance Corp. stock? Who is buying Fifth Street Finance Corp. stock?

Fifth Street Finance Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Shelton Capital Management, Van ECK Associates Corp, Guggenheim Capital LLC, Dynamic Technology Lab Private Ltd, Ladenburg Thalmann Financial Services Inc., Trexquant Investment LP and Hotchkis & Wiley Capital Management LLC. Company insiders that have bought Fifth Street Finance Corp. stock in the last two years include Brian S Dunn, Byron J Haney, James Castro-Blanco, Patrick J Dalton, Richard P Dutkiewicz, Sandeep K Khorana and Steven M Noreika.

How do I buy Fifth Street Finance Corp. stock?

Shares of Fifth Street Finance Corp. 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 Finance Corp. stock cost?

One share of Fifth Street Finance Corp. stock can currently be purchased for approximately $4.59.

Fifth Street Finance Corp. (NASDAQ:FSC) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Fifth Street Finance Corp. (NASDAQ:FSC)

Earnings History Chart

Earnings by Quarter for Fifth Street Finance Corp. (NASDAQ:FSC)

Dividend History Chart

Dividend Payments by Quarter for Fifth Street Finance Corp. (NASDAQ:FSC)

Last Updated on 2/27/2017 by MarketBeat.com Staff