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MU   95.77 (+0.65%)
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GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
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PYPL   59.98 (-0.93%)
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NVDA   852.37 (+3.60%)
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AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
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F   12.74 (+2.33%)
MU   95.77 (+0.65%)
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GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
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PYPL   59.98 (-0.93%)
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QQQ   444.02 (-0.36%)
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MSFT   414.92 (-0.14%)
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GOOGL   133.35 (-2.76%)
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NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
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GE   161.04 (+1.51%)
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Prospect Capital (PSEC) Stock Price, News & Analysis

$5.50
0.00 (0.00%)
(As of 03/4/2024 ET)
Today's Range
$5.48
$5.57
50-Day Range
$5.33
$6.24
52-Week Range
$5.03
$7.44
Volume
2.04 million shs
Average Volume
2.32 million shs
Market Capitalization
$2.28 billion
P/E Ratio
N/A
Dividend Yield
13.09%
Price Target
$5.75

Prospect Capital MarketRank™ Stock Analysis

Analyst Rating
Sell
1.00 Rating Score
Upside/​Downside
4.5% Upside
$5.75 Price Target
Short Interest
Bearish
7.25% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.86mentions of Prospect Capital in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$56,400 Bought Last Quarter
Proj. Earnings Growth
-12.20%
From $0.82 to $0.72 Per Share

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.

0.48 out of 5 stars

Finance Sector

839th out of 863 stocks

Investors, Not Elsewhere Classified Industry

13th 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

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q2 2024 Prospect Capital Corp Earnings Call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Recap: Prospect Capital Q2 Earnings
Here's what Wall Street expects from Prospect Capital's earnings
Prospect Capital Corp
PSEC.PR.A Prospect Capital Corporation 5.35% CUM PFD A
Prospect Capital Corp's Dividend Analysis
Prospect Capital Corp (RK8.SG)
Q1 2024 Prospect Capital Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/20 Dividend
2/26/2024
Today
3/04/2024
Dividend Payable
3/20/2024
Ex-Dividend for 4/18 Dividend
3/26/2024
Dividend Payable
4/18/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
6/30/2024

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
$5.75
High Stock Price Target
$5.75
Low Stock Price Target
$5.75
Potential Upside/Downside
+4.5%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$-101,640,000.00
Pretax Margin
0.88%

Debt

Sales & Book Value

Annual Sales
$852.21 million
Cash Flow
$1.27 per share
Book Value
$9.28 per share

Miscellaneous

Free Float
301,797,000
Market Cap
$2.28 billion
Optionable
Optionable
Beta
1.00

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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 45)
    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
  • 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
  • Mr. David Moszer
    Managing Director














PSEC Stock Analysis - Frequently Asked Questions

Should I buy or sell Prospect Capital stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Prospect Capital in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" PSEC shares.
View PSEC analyst ratings
or view top-rated stocks.

What is Prospect Capital's stock price target for 2024?

1 Wall Street research analysts have issued 1-year price targets for Prospect Capital's shares. Their PSEC share price targets range from $5.75 to $5.75. On average, they anticipate the company's stock price to reach $5.75 in the next year. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for PSEC
or view top-rated stocks among Wall Street analysts.

How have PSEC shares performed in 2024?

Prospect Capital's stock was trading at $5.99 at the beginning of 2024. Since then, PSEC stock has decreased by 8.2% and is now trading at $5.50.
View the best growth stocks for 2024 here
.

When is Prospect Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our PSEC earnings forecast
.

How were Prospect Capital's earnings last quarter?

Prospect Capital Co. (NASDAQ:PSEC) posted its quarterly earnings data on Thursday, February, 8th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. The financial services provider had revenue of $210.94 million for the quarter, compared to analysts' expectations of $226.14 million. Prospect Capital had a negative net margin of 1.47% and a positive trailing twelve-month return on equity of 13.48%.

How often does Prospect Capital pay dividends? What is the dividend yield for Prospect Capital?

Prospect Capital announced a monthly dividend on Tuesday, February 13th. Stockholders of record on Friday, April 26th will be paid a dividend of $0.06 per share on Tuesday, May 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.09%. The ex-dividend date of this dividend is Thursday, April 25th.
Read our dividend analysis for PSEC
.

Is Prospect Capital a good dividend stock?

Prospect Capital (NASDAQ:PSEC) pays an annual dividend of $0.72 per share and currently has a dividend yield of 13.09%. PSEC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PSEC.

What ETFs hold Prospect Capital's stock?
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.

What other stocks do shareholders of Prospect Capital own?
Who are Prospect Capital's major shareholders?

Prospect Capital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (1.50%), Foursixthree Capital LP (0.00%), Legal & General Group Plc (0.77%), LSV Asset Management (0.50%), XML Financial LLC (0.32%) and Mckinley Capital Management LLC (0.10%). Insiders that own company stock include Dask Kristin Lea Van, Eugene S Stark, John F Barry and M Grier Eliasek.
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.

This page (NASDAQ:PSEC) was last updated on 3/4/2024 by MarketBeat.com Staff