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NASDAQ:PSECProspect Capital Stock Price, Forecast & News

$5.07
+0.05 (+1.00 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$4.97
Now: $5.07
$5.07
50-Day Range
$4.69
MA: $5.03
$5.40
52-Week Range
$3.67
Now: $5.07
$6.76
Volume1.17 million shs
Average Volume1.18 million shs
Market Capitalization$1.87 billion
P/E RatioN/A
Dividend Yield14.20%
Beta0.93
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.11 out of 5 stars


Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:PSEC
CUSIP74348T10
Phone212-448-0702

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$703.77 million
Cash Flow$0.86 per share
Book Value$9.01 per share

Profitability

Net Income$144.49 million

Miscellaneous

EmployeesN/A
Market Cap$1.87 billion
Next Earnings Date8/25/2020 (Estimated)
OptionableOptionable
$5.07
+0.05 (+1.00 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Prospect Capital (NASDAQ:PSEC) Frequently Asked Questions

How has Prospect Capital's stock been impacted by COVID-19 (Coronavirus)?

Prospect Capital's stock was trading at $4.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PSEC stock has increased by 6.7% and is now trading at $5.07.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Prospect Capital?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prospect Capital in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for Prospect Capital
.

When is Prospect Capital's next earnings date?

Prospect Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020.
View our earnings forecast for Prospect Capital
.

How were Prospect Capital's earnings last quarter?

Prospect Capital Co. (NASDAQ:PSEC) announced its quarterly earnings data on Monday, May, 11th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.05. The financial services provider had revenue of $154.50 million for the quarter, compared to analyst estimates of $132.87 million. Prospect Capital had a negative net margin of 21.78% and a positive return on equity of 8.74%. During the same period last year, the firm posted $0.21 earnings per share.
View Prospect Capital's earnings history
.

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

Prospect Capital declared a monthly dividend on Friday, May 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.06 per share on Thursday, September 17th. This represents a $0.72 annualized dividend and a dividend yield of 14.20%. The ex-dividend date is Friday, August 28th.
View Prospect Capital's dividend history
.

What price target have analysts set for PSEC?

2 equities research analysts have issued twelve-month price targets for Prospect Capital's shares. Their forecasts range from $4.50 to $4.50. On average, they expect Prospect Capital's share price to reach $4.50 in the next year. This suggests that the stock has a possible downside of 11.2%.
View analysts' price targets for Prospect Capital
.

Has Prospect Capital been receiving favorable news coverage?

Media headlines about PSEC stock have trended extremely negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Prospect Capital earned a media sentiment score of -4.8 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about Prospect Capital
.

Who are some of Prospect Capital's key competitors?

What other stocks do shareholders of Prospect Capital own?

Who are Prospect Capital's key executives?

Prospect Capital's management team includes the following people:
  • Mr. John Francis Barry III, J.D., Chairman & CEO (Age 67)
  • Mr. Michael Grier Eliasek, Pres & COO (Age 45)
  • Ms. Kristin Lea Van Dask CPA, CFO, Treasurer, Sec. & Chief Compliance Officer (Age 39)
  • Mr. Al Faella, Chief Technology Officer
  • Ms. Daria Becker, Head of Admin.

What is Prospect Capital's stock symbol?

Prospect Capital trades on the NASDAQ under the ticker symbol "PSEC."

Who are Prospect Capital's major shareholders?

Prospect Capital's stock is owned by a number of retail and institutional investors. Top institutional investors include LSV Asset Management (2.04%), Sumitomo Mitsui Trust Holdings Inc. (0.53%), UBS Group AG (0.35%), Mckinley Capital Management LLC Delaware (0.16%), Camelot Portfolios LLC (0.10%) and Strategic Wealth Advisors Group LLC (0.08%). Company insiders that own Prospect Capital stock include Dask Kristin Lea Van, Eugene S Stark, John F Barry, M Grier Eliasek and William Gremp.
View institutional ownership trends for Prospect Capital
.

Which institutional investors are selling Prospect Capital stock?

PSEC stock was sold by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, Sumitomo Mitsui Trust Holdings Inc., Independent Advisor Alliance, Aurora Private Wealth Inc., Mckinley Capital Management LLC Delaware, Camelot Portfolios LLC, DC Investments Management LLC, and DAVENPORT & Co LLC.
View insider buying and selling activity for Prospect Capital
.

Which institutional investors are buying Prospect Capital stock?

PSEC stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, UBS Group AG, XML Financial LLC, Vanguard Capital Wealth Advisors, Stratos Wealth Partners LTD., Koshinski Asset Management Inc., Actinver Wealth Management Inc., and Roman Butler Fullerton & Co.. Company insiders that have bought Prospect Capital stock in the last two years include Dask Kristin Lea Van, Eugene S Stark, John F Barry, M Grier Eliasek, and William Gremp.
View insider buying and selling activity for Prospect Capital
.

How do I buy shares of Prospect Capital?

Shares of PSEC 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, Robinhood, Fidelity, and Charles Schwab.

What is Prospect Capital's stock price today?

One share of PSEC stock can currently be purchased for approximately $5.07.

How big of a company is Prospect Capital?

Prospect Capital has a market capitalization of $1.87 billion and generates $703.77 million in revenue each year. The financial services provider earns $144.49 million in net income (profit) each year or $0.85 on an earnings per share basis.

What is Prospect Capital's official website?

The official website for Prospect Capital is www.prospectstreet.com.

How can I contact Prospect Capital?

Prospect Capital's mailing address is 10 EAST 40TH STREET 42ND FLOOR, NEW YORK NY, 10016. The financial services provider can be reached via phone at 212-448-0702 or via email at [email protected]

This page was last updated on 8/9/2020 by MarketBeat.com Staff

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