About KCAP Financial (NASDAQ:KCAP)
KCAP Financial, Inc. is an internally managed, non-diversified closed-end investment company. The Company has approximately three principal areas of investments. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies (the debt securities portfolio). In addition, the Company may invest in the equity securities of privately held middle market companies. Second, the Company invests in asset management companies (the Asset Manager Affiliates) that manage collateralized loan obligation funds (CLO Funds). Third, the Company invests in debt and subordinated securities issued by CLOs (CLO fund securities). These CLO fund securities are primarily managed by its Asset Manager Affiliates, but from time-to-time the Company makes investments in CLO Fund Securities managed by other asset managers. The CLO funds typically invest in syndicated loans, high-yield bonds and other credit instruments.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed End Funds
- Sub-Industry: Asset Management & Custody Banks
- Symbol: NASDAQ:KCAP
- CUSIP: 48668E10
- Web: www.kohlbergcapital.com
Capitalization:- Market Cap: $129.4 million
- Outstanding Shares: 37,002,000
Average Prices:- 50 Day Moving Avg: $3.53
- 200 Day Moving Avg: $3.54
- 52 Week Range: $3.30 - $4.47
P/E:- Trailing P/E Ratio: 23.13
- Foreward P/E Ratio: 10.52
- P/E Growth: 0.74
Sales & Book Value:- Annual Revenue: $32.54 million
- Price / Sales: 3.95
- Book Value: $5.12 per share
- Price / Book: 0.68
Dividend:- Annual Dividend: $0.48
- Dividend Yield: 13.8%
Profitability:- Net Margins: 17.53%
- Return on Equity: 7.44%
- Return on Assets: 3.84%
Debt:- Debt-to-Equity Ratio: 0.90%
- Current Ratio: 2.01%
- Quick Ratio: 2.01%
Misc:- Average Volume: 132,133 shs.
- Beta: 1.69
- Short Ratio: 0.28
Frequently Asked Questions for KCAP Financial (NASDAQ:KCAP)
What is KCAP Financial's stock symbol?
KCAP Financial trades on the NASDAQ under the ticker symbol "KCAP."
How often does KCAP Financial pay dividends? What is the dividend yield for KCAP Financial?
KCAP Financial declared a quarterly dividend on Monday, September 25th. Shareholders of record on Tuesday, October 10th will be given a dividend of $0.12 per share on Thursday, October 26th. This represents a $0.48 annualized dividend and a yield of 13.83%. The ex-dividend date is Friday, October 6th. View KCAP Financial's Dividend History.
How were KCAP Financial's earnings last quarter?
KCAP Financial, Inc. (NASDAQ:KCAP) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.07 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.03. The company had revenue of $7.66 million for the quarter, compared to analyst estimates of $7.95 million. KCAP Financial had a net margin of 17.53% and a return on equity of 7.44%. View KCAP Financial's Earnings History.
When will KCAP Financial make its next earnings announcement?
Where is KCAP Financial's stock going? Where will KCAP Financial's stock price be in 2017?
3 equities research analysts have issued 1 year price objectives for KCAP Financial's shares. Their forecasts range from $3.50 to $16.00. On average, they anticipate KCAP Financial's stock price to reach $9.75 in the next year. View Analyst Ratings for KCAP Financial.
Who are some of KCAP Financial's key competitors?
Some companies that are related to KCAP Financial include Gladstone Capital Corporation (GLAD), Invesco Bond Fund (VBF), Stellus Capital Investment Corporation (SCM), TriplePoint Venture Growth BDC Corp. (TPVG), OFS Capital Corporation (OFS), Alcentra Capital Corp. (ABDC), Capitala Finance Corp. (CPTA), StoneCastle Financial Corp (BANX), Horizon Technology Finance Corporation (HRZN), GSV Capital Corp (GSVC), American Capital Senior Floating (ACSF), Harvest Capital Credit Corporation (HCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Andalas Energy and Power PLC (CEB), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).
Who are KCAP Financial's key executives?
KCAP Financial's management team includes the folowing people:
- Christopher Lacovara, Independent Chairman of the Board
- Dayl W. Pearson, President, Chief Executive Officer, Director
- Edward U. Gilpin, Chief Financial Officer, Treasurer, Secretary
- R. Jon Jonathan Corless, Chief Investment Officer
- Daniel P. Gilligan, Interim Chief Compliance Officer, Vice President, Director - Portfolio Administration
- Albert G. Pastino, Lead Independent Director
- Dean C. Kehler, Director
- Charles Michael Jacobi CPA, Independent Director
- C. Turney Stevens, Independent Director
- John A. Ward III, Independent Director
How do I buy KCAP Financial stock?
Shares of KCAP Financial 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 KCAP Financial's stock price today?
One share of KCAP Financial stock can currently be purchased for approximately $3.47.
MarketBeat Community Rating for KCAP Financial (NASDAQ KCAP)MarketBeat's community ratings are surveys of what our community members think about KCAP Financial 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.
Consensus Ratings for KCAP Financial (NASDAQ:KCAP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $9.75 (180.98% upside) |
Consensus Price Target History for KCAP Financial (NASDAQ:KCAP)
Analysts' Ratings History for KCAP Financial (NASDAQ:KCAP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/25/2017 | Ladenburg Thalmann Financial Services | Initiated Coverage | Neutral -> Neutral | | Low |  |
| 7/21/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $3.50 | Low | |
| 5/1/2017 | BMO Capital Markets | Reiterated Rating | Buy | $16.00 | Low | |
| 4/27/2016 | Janney Montgomery Scott | Reiterated Rating | Hold | | N/A | |
| 12/17/2015 | Cantor Fitzgerald | Reiterated Rating | Hold | $4.50 | N/A | |
(Data available from 10/17/2015 forward)
Earnings History for KCAP Financial (NASDAQ:KCAP)Earnings History by Quarter for KCAP Financial (NASDAQ KCAP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $0.08 | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.10 | $0.07 | $7.95 million | $7.66 million | View | Listen | |
| 5/4/2017 | Q1 2017 | $0.10 | $0.09 | $8.08 million | $7.77 million | View | Listen | |
| 11/2/2016 | Q3 2016 | $0.15 | $0.12 | $9.90 million | $9.02 million | View | Listen | |
| 3/9/2016 | Q4 | $0.17 | $0.14 | $11.35 million | $10.23 million | View | N/A | |
| 8/5/2015 | Q215 | $0.18 | $0.16 | $11.91 million | $11.17 million | View | Listen | |
| 5/6/2015 | Q115 | $0.18 | $0.18 | $10.80 million | $12.34 million | View | N/A | |
| 4/14/2015 | | $0.18 | ($0.28) | | | View | N/A | |
| 11/5/2014 | Q314 | $0.25 | $0.23 | $13.50 million | $13.68 million | View | N/A | |
| 8/6/2014 | Q2 | $0.25 | $0.24 | $13.51 million | $13.22 million | View | Listen | |
| 5/7/2014 | Q1 2014 | $0.24 | $0.24 | $13.26 million | $13.39 million | View | N/A | |
| 3/12/2014 | | $0.25 | $0.21 | | | View | N/A | |
| 11/7/2013 | Q313 | $0.24 | $0.22 | $12.74 million | | View | N/A | |
| 8/6/2013 | Q2 2013 | $0.26 | $0.20 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for KCAP Financial (NASDAQ:KCAP)Current Year EPS Consensus Estimate: $0.3 EPS
Next Year EPS Consensus Estimate: $0.33 EPS
Current Dividend Information for KCAP Financial (NASDAQ:KCAP)| Next Dividend: | 10/26/2017 |
| Annual Dividend: | $0.48 |
| Dividend Yield: | 13.83% |
| Payout Ratio: | 320.00% (Trailing 12 Months of Earnings)
160.00% (Based on This Year's Estimates)
145.45% (Based on Next Year's Estimates)
|
Dividend History by Quarter for KCAP Financial (NASDAQ KCAP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/25/2017 | quarterly | $0.12 | 13.48% | 10/6/2017 | 10/10/2017 | 10/26/2017 |
| 6/21/2017 | quarterly | $0.12 | 14.04% | 7/5/2017 | 7/7/2017 | 7/27/2017 |
| 3/22/2017 | quarterly | $0.12 | 12.15% | 4/5/2017 | 4/7/2017 | 4/28/2017 |
| 12/15/2016 | quarterly | $0.12 | 12.06% | 1/4/2017 | 1/6/2017 | 1/27/2017 |
| 9/21/2016 | quarterly | $0.15 | 13.02% | 10/12/2016 | 10/14/2016 | 10/27/2016 |
| 6/22/2016 | quarterly | $0.15 | 15.63% | 7/5/2016 | 7/7/2016 | 7/28/2016 |
| 3/21/2016 | quarterly | $0.15 | 18.4% | 4/5/2016 | 4/7/2016 | 4/28/2016 |
| 12/17/2015 | quarterly | $0.15 | 15.87% | 12/30/2015 | 1/4/2016 | 1/28/2016 |
| 9/23/2015 | quarterly | $0.21 | 17.25% | 10/9/2015 | 10/14/2015 | 10/27/2015 |
| 6/24/2015 | quarterly | $0.21 | 13.66% | 7/1/2015 | 7/6/2015 | 7/27/2015 |
| 3/25/2015 | quarterly | $0.21 | 12.28% | 4/1/2015 | 4/6/2015 | 4/27/2015 |
| 12/17/2014 | quarterly | $0.25 | 13.57% | 12/24/2014 | 12/29/2014 | 1/29/2015 |
| 9/19/2014 | quarterly | $0.25 | 11.9% | 10/9/2014 | 10/14/2014 | 10/29/2014 |
| 6/20/2014 | quarterly | $0.25 | 12.27% | 7/1/2014 | 7/3/2014 | 7/25/2014 |
| 3/21/2014 | quarterly | $0.25 | 12.09% | 4/2/2014 | 4/4/2014 | 4/25/2014 |
| 12/13/2013 | quarterly | $0.25 | 12.24% | 12/24/2013 | 12/27/2013 | 1/27/2014 |
| 9/13/2013 | quarterly | $0.25 | 11.01% | 10/4/2013 | 10/8/2013 | 10/29/2013 |
| 6/17/2013 | quarterly | $0.28 | 10.43% | 7/2/2013 | 7/5/2013 | 7/26/2013 |
| 3/15/2013 | quarterly | $0.28 | 10.58% | 4/3/2013 | 4/5/2013 | 4/26/2013 |
| 12/17/2012 | quarterly | $0.28 | 11.73% | 12/26/2012 | 12/28/2012 | 1/28/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for KCAP Financial (NASDAQ:KCAP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for KCAP Financial (NASDAQ:KCAP)
Latest Headlines for KCAP Financial (NASDAQ:KCAP)
| Source: |
|
| Date | Headline |
|---|
 | KCAP Financial, Inc. Announces the Pricing of a $695.8 Million Reset and Upsized CLO Fund Managed by Trimaran Advisors, L.L.C.
finance.yahoo.com - October 16 at 7:44 PM |
 | KCAP Financial, Inc. (KCAP) Ex-Dividend Date Scheduled...
www.nasdaq.com - October 6 at 2:19 AM |
 | KCAP Financial, Inc. (KCAP) Coverage Initiated by Analysts at Ladenburg Thalmann Financial Services
www.americanbankingnews.com - September 25 at 11:46 PM |
| KCAP Financial, Inc. (KCAP) Announces $0.12 Quarterly Dividend
www.americanbankingnews.com - September 25 at 6:20 PM |
 | Form 4 KCAP Financial, Inc. For: Sep 19 Filed by: Pearson Dayl W - StreetInsider.com
www.streetinsider.com - September 23 at 12:27 AM |
| KCAP Financial Prices $17.8 Mln Notes Offering - Nasdaq
www.nasdaq.com - September 21 at 8:26 AM |
| Form 4 KCAP Financial, Inc. For: Sep 19 Filed by: Corless R Jon - StreetInsider.com
www.streetinsider.com - September 21 at 8:26 AM |
| KCAP Financial, Inc. Prices Public Offering of $17.8 Million of Additional 6.125% Notes Due 2022
finance.yahoo.com - September 19 at 12:44 AM |
| KCAP Financial, Inc. Announces Public Offering of Additional 6.125% Notes Due 2022
finance.yahoo.com - September 18 at 7:42 PM |
| Head to Head Contrast: Hercules Capital (HTGC) versus KCAP Financial (KCAP)
www.americanbankingnews.com - September 6 at 8:38 AM |
 | KCAP Financial: This 6.125% 'Baby Bond' Starts Trading On Nasdaq
seekingalpha.com - September 5 at 5:00 PM |
| KCAP Financial (KCAP) versus Fidus Investment Corporation (FDUS) Critical Review
www.americanbankingnews.com - August 30 at 4:26 PM |
| Reviewing Blackrock Taxable Municipal Bond Trust (BBN) & KCAP Financial (NASDAQ:KCAP)
www.americanbankingnews.com - August 13 at 10:32 PM |
| MCG Capital Corp (MCGC) vs. KCAP Financial (NASDAQ:KCAP) Financial Comparison
www.americanbankingnews.com - August 9 at 12:24 PM |
| KCAP Financial, Inc. Prices Public Offering of $50 Million of 6.125% Notes Due 2022 - Nasdaq
www.nasdaq.com - August 9 at 12:57 AM |
| KCAP Financial, Inc. Announces Public Offering of Notes Due 2022 - Nasdaq
www.nasdaq.com - August 8 at 7:54 PM |
| KCAP Financial, Inc. Announces Public Offering of Notes Due 2022
finance.yahoo.com - August 8 at 7:54 PM |
| Critical Survey: KCAP Financial (NASDAQ:KCAP) versus PennantPark Investment Corporation (PNNT)
www.americanbankingnews.com - August 8 at 12:30 AM |
| Fifth Street Senior Floating Rate Corp. (FSFR) versus KCAP Financial (NASDAQ:KCAP) Head-To-Head Contrast
www.americanbankingnews.com - August 7 at 2:38 PM |
| KCAP Financial's (KCAP) CEO Dayl Pearson on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 6 at 6:37 PM |
 | BRIEF-KCAP Financial Q2 net investment income $0.07 per basic share
www.reuters.com - August 3 at 10:56 PM |
| Edited Transcript of KCAP earnings conference call or presentation 3-Aug-17 1:00pm GMT
finance.yahoo.com - August 3 at 10:56 PM |
| KCAP Financial posts 2Q profit
finance.yahoo.com - August 3 at 10:56 PM |
| KCAP Financial, Inc. Announces Second Quarter 2017 Financial Results - Nasdaq
www.nasdaq.com - August 3 at 1:24 AM |
| KCAP Financial, Inc. Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 3 at 1:24 AM |
| Financial Comparison: Solar Senior Capital (SUNS) vs. KCAP Financial (KCAP)
www.americanbankingnews.com - July 29 at 10:11 AM |
| KCAP Financial, Inc. to Report Second Quarter 2017 Financial Results on August 2nd 2017; Conference Call Scheduled
finance.yahoo.com - July 29 at 12:48 AM |
| KCAP Financial Investment Forms JV with Freedom 3, Redeems $148 Mln of Debt
www.nasdaq.com - July 22 at 5:08 AM |
| KCAP Financial (KCAP) Announces Formation of Investment JV with Freedom 3, Redemption of $148M of Debt
www.streetinsider.com - July 22 at 5:08 AM |
 | BRIEF-KCAP Financial reports formation of investment JV with Freedom 3
www.businessinsider.com - July 22 at 5:08 AM |
| KCAP Financial's (NASDAQ:KCAP) Hold Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - July 21 at 6:42 PM |
| KCAP Financial, Inc. Announces Formation of Investment Joint Venture with Freedom 3 and Redemption of ... - Nasdaq
www.nasdaq.com - July 21 at 12:36 AM |
| KCAP Financial, Inc. Announces Formation of Investment Joint Venture with Freedom 3 and Redemption of Approximately $148 Million of Debt
finance.yahoo.com - July 21 at 12:36 AM |
| KCAP Financial, Inc. (KCAP) Ex-Dividend Date Scheduled for July ... - Nasdaq
www.nasdaq.com - July 4 at 5:43 AM |
| Form 4 KCAP Financial, Inc. For: Jun 20 Filed by: Gilpin Edward U - StreetInsider.com
www.streetinsider.com - June 23 at 6:30 PM |
| Identifying Risk In BDCs - TICC Capital
seekingalpha.com - June 19 at 5:07 PM |
| Form 4 KCAP Financial, Inc. For: May 05 Filed by: Gilpin Edward U - StreetInsider.com
www.streetinsider.com - May 10 at 1:07 PM |
| Form 4 KCAP Financial, Inc. For: May 05 Filed by: Corless R Jon - StreetInsider.com
www.streetinsider.com - May 9 at 12:07 PM |
| KCAP Financial, Inc. Announces First Quarter 2017 Financial ... - Nasdaq
www.nasdaq.com - May 5 at 6:05 PM |
| 'Skeptical' about Tesla's Model 3 July launch: Analyst - Presented by: The Aol. On Network
www.nasdaq.com - May 4 at 6:18 PM |
| KCAP Financial, Inc. to Report First Quarter 2017 Financial Results on May 4, 2017; Conference Call Scheduled - Nasdaq
www.nasdaq.com - April 27 at 6:42 PM |
 | KCAP Financial, Inc. Announces Quarterly Distribution
us.rd.yahoo.com - March 21 at 6:05 PM |
| KCAP FINANCIAL, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 9 at 8:25 AM |
| BRIEF-Kcap financial announces full year 2016 results
www.reuters.com - March 8 at 11:54 PM |
| Q4 2016 KCAP Financial Inc Earnings Release - After Market Close
us.rd.yahoo.com - March 8 at 11:54 PM |
 | KCAP Financial, Inc. Announces Full Year 2016 Financial Results - GlobeNewswire (press release)
globenewswire.com - March 8 at 6:53 PM |
 | KCAP Financial, Inc. Announces Full Year 2016 Financial Results
feeds.benzinga.com - March 8 at 5:40 PM |
 | Company Overview of KCAP Financial, Inc.
www.bloomberg.com - January 17 at 11:31 PM |
| BDCL With 15.9% Dividend Can Provide Diversification For Interest Rate Sensitive Portfolios
seekingalpha.com - December 27 at 10:44 AM |
| BRIEF-KCAP Financial says Catamaran CLO 2016-1 ltd., a $408.5 mln collateralized loan obligation fund has closed
www.reuters.com - December 22 at 12:00 AM |
KCAP Financial (KCAP) Chart for Tuesday, October, 17, 2017
