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NASDAQ:PSEC

Prospect Capital (PSEC) Stock Price, News & Analysis

$5.55
+0.04 (+0.73%)
(As of 07/26/2024 ET)
Today's Range
$5.50
$5.55
50-Day Range
$5.49
$5.69
52-Week Range
$5.03
$6.60
Volume
1.99 million shs
Average Volume
1.86 million shs
Market Capitalization
$2.32 billion
P/E Ratio
16.32
Dividend Yield
12.97%
Price Target
$5.00

Prospect Capital MarketRank™ Stock Analysis

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
9.9% Downside
$5.00 Price Target
Short Interest
Bearish
7.27% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.87mentions of Prospect Capital in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$97,347 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.87 out of 5 stars

Finance Sector

829th out of 898 stocks

Investors, Not Elsewhere Classified Industry

11th out of 15 stocks

PSEC stock logo

About Prospect Capital Stock (NASDAQ:PSEC)

Prospect Capital Corporation is a prominent investment company that provides financing solutions to middle-market companies. With a focus on private debt and equity investments, Prospect Capital aims to generate attractive risk-adjusted returns for its shareholders. Prospect Capital Corporation's mission is to deliver consistent, high-quality returns to its investors while preserving capital. The company is headquartered in New York City and has a strong presence across the United States. Prospect Capital supports its portfolio companies in achieving their strategic objectives by providing capital and operational expertise.

Prospect Capital is a business development company offering a diverse range of financial products and services. These include senior debt, subordinated debt, and minority equity investments. The company's target market primarily consists of middle-market companies across various industries.

Under the leadership of its Chairman and Chief Executive Officer, John Francis Barry, Prospect Capital maintains a highly experienced and accomplished management team. Each member brings a wealth of expertise and industry knowledge to the table.

John Francis Barry has been crucial in steering the company toward success. With a comprehensive understanding of the investment landscape, he has guided Prospect Capital to become a prominent player in the middle-market financing arena.

Michael Grier Eliasek serves as the President and Chief Operating Officer of Prospect Capital. His extensive investment banking and private equity background have contributed significantly to the company's growth and success.

Prospect Capital has demonstrated strong financial performance in recent years. The company has consistently generated revenue and earnings, showcasing its ability to identify lucrative investment opportunities. Its profit margins reflect the efficient management of its investment portfolio.

Regarding debt levels, Prospect Capital maintains a healthy balance sheet. The company prudently manages its debt-to-equity ratio to minimize risk and ensure financial stability. Recent changes in ownership indicate the ongoing interest of investors in the company's potential.

Prospect Capital's valuation metrics, such as the price-to-earnings and price-to-book ratios, are competitive within the industry. While various factors can influence valuation, the company's strong performance and market positioning contribute to its favorable valuation compared to its peers.

Investor sentiment plays a significant role in determining the company's valuation. Recent changes in investor sentiment may stem from market dynamics, macroeconomic factors, or specific events impacting the investment landscape.

Prospect Capital has exhibited notable stock performance, with occasional price movements and changes in trading volume. Market conditions, investor sentiment, and company-specific developments can influence these fluctuations. By closely monitoring market trends, investors can gain insights into the potential trajectory of the company's stock price.

Prospect Capital operates in the investment industry, subject to various trends, competitors, and regulatory or political issues. The investment industry is crucial in allocating capital and supporting economic growth. It encompasses many participants, including asset managers, private equity firms, and business development companies like Prospect Capital.

There is a growing demand for financing solutions in the middle-market segment. Many companies in this space require capital for expansion, acquisitions, or refinancing, creating opportunities for investment firms like Prospect Capital to provide customized funding options. Technological advancements and digital transformation have also significantly impacted the investment industry, enhancing operational efficiency and enabling new investment strategies.

Regulatory and political factors can significantly impact the investment industry. Changes in regulations, such as those related to lending practices, taxation, or disclosure requirements, may affect the operating environment for investment companies. Political developments, including changes in government policies or economic conditions, can also influence investor sentiment and market dynamics.

Like any investment company, Prospect Capital faces certain risks and challenges. Changes in consumer preferences or market conditions may impact the performance of its portfolio companies, affecting the value of its investments. The company closely monitors market trends and employs rigorous due diligence to mitigate these risks.

Regulatory changes are another potential challenge for Prospect Capital. Regulation shifts may impact the investment landscape, affecting the company's ability to execute its investment strategies or impose additional compliance requirements. Prospect Capital maintains a robust risk management framework and compliance practices to adapt to regulatory changes effectively.

Competitive pressures in the investment industry can pose challenges as well. Prospect Capital competes with other firms to identify and secure attractive investment opportunities. The company focuses on building solid relationships with its portfolio companies, leveraging its industry expertise, and offering flexible financing solutions to stay ahead.

PSEC Stock Price History

PSEC Stock News Headlines

Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
PSEC Aug 2024 3.000 call
6 Under $10 Dividend Stocks to Buy Now
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Ex-Dividend for 9/19 Dividend
8/28/2024
Ex-Dividend for 9/19 Dividend
8/28/2024
Next Earnings (Estimated)
9/03/2024
Dividend Payable
9/19/2024
Dividend Payable
9/19/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Investors, not elsewhere classified
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:PSEC
CUSIP
74348T10
Employees
2,019
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
-9.9%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$-101,640,000.00
Pretax Margin
28.77%

Debt

Sales & Book Value

Annual Sales
$852.21 million
Cash Flow
$1.28 per share
Book Value
$9.28 per share

Miscellaneous

Free Float
306,258,000
Market Cap
$2.32 billion
Optionable
Optionable
Beta
1.01

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Key Executives

  • Mr. John Francis Barry III (Age 72)
    J.D., Chairman of the Board & CEO
  • Mr. Michael Grier Eliasek (Age 50)
    President, COO & Director
  • Ms. Kristin Lea Van Dask CPA (Age 44)
    CFO, Treasurer, Secretary & Chief Compliance Officer
  • Ms. Alexandra Krasinets CPA
    Vice President of Accounting
  • Mr. Al Faella
    Chief Technology Officer
  • Ms. Daria Becker
    Head of Administration
  • Mr. Jonathan Jung-Hsi Li
    Chief Compliance Officer and Deputy General Counsel
  • Ms. Trisha Blackman
    Senior VP of Administration, Head of Human Resources & Deputy Chief Compliance Officer
  • Mr. Bart J. deBie J.D. (Age 51)
    Managing Director
  • Mr. David L. Belzer (Age 55)
    Managing Director

PSEC Stock Analysis - Frequently Asked Questions

How have PSEC shares performed this year?

Prospect Capital's stock was trading at $5.99 on January 1st, 2024. Since then, PSEC shares have decreased by 7.3% and is now trading at $5.55.
View the best growth stocks for 2024 here
.

How were Prospect Capital's earnings last quarter?

Prospect Capital Co. (NASDAQ:PSEC) released its earnings results on Wednesday, May, 8th. The financial services provider reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.03. The financial services provider earned $202.22 million during the quarter, compared to analysts' expectations of $214.70 million. Prospect Capital had a trailing twelve-month return on equity of 13.32% and a net margin of 25.13%.

What is John F. Barry III's approval rating as Prospect Capital's CEO?

23 employees have rated Prospect Capital Chief Executive Officer John F. Barry III on Glassdoor.com. John F. Barry III has an approval rating of 85% among the company's employees.

Who are Prospect Capital's major shareholders?

Prospect Capital's top institutional investors include XML Financial LLC (0.45%), DNB Asset Management AS (0.08%), Atria Wealth Solutions Inc. (0.04%) and Apeiron RIA LLC (0.02%). Insiders that own company stock include John F Barry, M Grier Eliasek, Eugene S Stark and Dask Kristin Lea Van.
View institutional ownership trends
.

How do I buy shares of Prospect Capital?

Shares of PSEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Prospect Capital own?
This page (NASDAQ:PSEC) was last updated on 7/26/2024 by MarketBeat.com Staff

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