About Harvest Capital Credit (NASDAQ:HCAP)
Harvest Capital Credit Corporation is an externally managed, closed-end, non-diversified management investment company. The Company operates as a business development company and provides customized financing solutions for small to mid-sized companies. Its investment objective is to generate both current income and capital appreciation by making direct investments in the form of subordinated debt, senior debt, and to a lesser extent, minority equity investments in privately-held the United States small to mid-sized companies. Its investment portfolio includes over 56.8% of senior secured term loans, 40.8% of junior secured term loans, 1.3% of equity investments and 1.1% of collateralized loan obligation (CLO) equity at fair value. It may also invest in other investments, such as loans to larger, publicly-traded companies, high-yield bonds and distressed debt securities. It may also invest in debt and equity securities issued by CLO funds. HCAP Advisors LLC is its investment adviser.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Trailing P/E Ratio8.26
Forward P/E Ratio11.02
Sales & Book Value
Annual Sales$18.70 million
Price / Sales3.61
Cash Flow$0.9695 per share
Price / Cash10.91
Book Value$12.60 per share
Price / Book0.84
EPS (Most Recent Fiscal Year)$1.28
Net Income$1.63 million
Return on Equity9.62%
Return on Assets6.17%
Harvest Capital Credit (NASDAQ:HCAP) Frequently Asked Questions
What is Harvest Capital Credit's stock symbol?
Harvest Capital Credit trades on the NASDAQ under the ticker symbol "HCAP."
How often does Harvest Capital Credit pay dividends? What is the dividend yield for Harvest Capital Credit?
Harvest Capital Credit declared a monthly dividend on Monday, May 14th. Stockholders of record on Thursday, July 19th will be given a dividend of $0.095 per share on Thursday, July 26th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.78%. The ex-dividend date of this dividend is Wednesday, July 18th. View Harvest Capital Credit's Dividend History.
How will Harvest Capital Credit's stock buyback program work?
Harvest Capital Credit announced that its board has initiated a stock buyback plan on Tuesday, June 13th 2017, which permits the company to buyback $3,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.
How were Harvest Capital Credit's earnings last quarter?
Harvest Capital Credit Corp (NASDAQ:HCAP) released its earnings results on Thursday, May, 10th. The investment management company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.09. The investment management company earned $3.74 million during the quarter, compared to analysts' expectations of $4.39 million. Harvest Capital Credit had a return on equity of 9.62% and a net margin of 7.70%. View Harvest Capital Credit's Earnings History.
When is Harvest Capital Credit's next earnings date?
What price target have analysts set for HCAP?
2 brokers have issued 1 year price targets for Harvest Capital Credit's stock. Their predictions range from $12.00 to $12.00. On average, they expect Harvest Capital Credit's stock price to reach $12.00 in the next twelve months. View Analyst Ratings for Harvest Capital Credit.
Who are some of Harvest Capital Credit's key competitors?
Who are Harvest Capital Credit's key executives?
Harvest Capital Credit's management team includes the folowing people:
- Joseph Andrew Jolson, Chairman of the Board
- Richard P. Buckanavage, President, Chief Executive Officer, Director
- Craig R. Kitchin, Chief Financial Officer, Chief Compliance Officer, Secretary
- Ryan T. Magee, Vice President
- Dorian B. Klein, Independent Director
- Jack G. Levin, Independent Director
- Richard A. Sebastiao, Independent Director
- , Bio & Compensation -
Has Harvest Capital Credit been receiving favorable news coverage?
Headlines about HCAP stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Harvest Capital Credit earned a media sentiment score of 0.15 on Accern's scale. They also assigned media stories about the investment management company an impact score of 46.31 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Harvest Capital Credit's major shareholders?
Harvest Capital Credit's stock is owned by many different of retail and institutional investors. Top institutional investors include Gables Capital Management Inc. (3.57%), Greenwich Investment Management Inc. (0.66%), Ladenburg Thalmann Financial Services Inc. (0.64%) and Blair William & Co. IL (0.38%). Company insiders that own Harvest Capital Credit stock include Craig R Kitchin, Jmp Group Llc, Joseph A Jolson and Richard Paul Buckanavage. View Institutional Ownership Trends for Harvest Capital Credit.
Which major investors are selling Harvest Capital Credit stock?
HCAP stock was sold by a variety of institutional investors in the last quarter, including Blair William & Co. IL. Company insiders that have sold Harvest Capital Credit company stock in the last year include Craig R Kitchin and Richard Paul Buckanavage. View Insider Buying and Selling for Harvest Capital Credit.
Which major investors are buying Harvest Capital Credit stock?
HCAP stock was bought by a variety of institutional investors in the last quarter, including Gables Capital Management Inc., Greenwich Investment Management Inc. and Ladenburg Thalmann Financial Services Inc.. Company insiders that have bought Harvest Capital Credit stock in the last two years include Jmp Group Llc and Joseph A Jolson. View Insider Buying and Selling for Harvest Capital Credit.
How do I buy shares of Harvest Capital Credit?
Shares of HCAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Harvest Capital Credit's stock price today?
One share of HCAP stock can currently be purchased for approximately $10.5770.
How big of a company is Harvest Capital Credit?
Harvest Capital Credit has a market capitalization of $67.58 million and generates $18.70 million in revenue each year. The investment management company earns $1.63 million in net income (profit) each year or $1.28 on an earnings per share basis.
How can I contact Harvest Capital Credit?
Harvest Capital Credit's mailing address is 767 THIRD AVENUE 25TH FLOOR, New York NY, 10017. The investment management company can be reached via phone at 212-906-3500 or via email at [email protected]
MarketBeat Community Rating for Harvest Capital Credit (HCAP)MarketBeat's community ratings are surveys of what our community members think about Harvest Capital Credit and other stocks. Vote "Outperform" if you believe HCAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HCAP will underperform the S&P 500 over the long term. You may vote once every thirty days.