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DOW   31,500.68
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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:PSEC

Prospect Capital Stock Forecast, Price & News

$7.12
+0.22 (+3.19%)
(As of 06/24/2022 04:00 PM ET)
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Today's Range
$6.95
$7.14
50-Day Range
$6.68
$8.48
52-Week Range
$6.66
$9.06
Volume
1.61 million shs
Average Volume
1.83 million shs
Market Capitalization
$2.79 billion
P/E Ratio
3.24
Dividend Yield
10.11%
Price Target
$6.50
30 days | 90 days | 365 days | Advanced Chart

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PSEC Stock Forecast (MarketRank)

Overall MarketRank

2.33 out of 5 stars

Finance Sector

595th out of 1,356 stocks

Investors, Not Elsewhere Classified Industry

10th out of 28 stocks

Analyst Opinion: 0.8Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
Prospect Capital logo

About Prospect Capital (NASDAQ:PSEC)

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.

PSEC Stock News Headlines

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Industry, Sector and Symbol

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

Company Calendar

Last Earnings
11/07/2021
Today
6/26/2022
Ex-Dividend for 7/20 Dividend
6/27/2022
Fiscal Year End
6/30/2022
Dividend Payable
7/20/2022
Ex-Dividend for 8/18 Dividend
7/26/2022
Dividend Payable
8/18/2022
Next Earnings (Estimated)
8/23/2022

Price Target and Rating

Average Stock Price Forecast
$6.50
High Stock Price Forecast
$6.50
Low Stock Price Forecast
$6.50
Forecasted Upside/Downside
-8.7%
Consensus Rating
Hold
Rating Score (0-4)
1.5
Research Coverage
2 Analysts

Profitability

Net Income
$963.81 million
Pretax Margin
127.81%

Debt

Sales & Book Value

Annual Sales
$631.97 million
Cash Flow
$0.73 per share
Book Value
$9.82 per share

Miscellaneous

Free Float
283,682,000
Market Cap
$2.79 billion
Optionable
Optionable
Beta
0.86

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Prospect Capital Frequently Asked Questions

Should I buy or sell Prospect Capital stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prospect Capital in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Prospect Capital stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSEC, but not buy additional shares or sell existing shares.
View analyst ratings for Prospect Capital
or view top-rated stocks.

What is Prospect Capital's stock price forecast for 2022?

2 analysts have issued 1-year price targets for Prospect Capital's shares. Their PSEC stock forecasts range from $6.50 to $6.50. On average, they anticipate Prospect Capital's share price to reach $6.50 in the next twelve months. This suggests that the stock has a possible downside of 8.7%.
View analysts' price targets for Prospect Capital
or view top-rated stocks among Wall Street analysts.

How has Prospect Capital's stock price performed in 2022?

Prospect Capital's stock was trading at $8.41 at the beginning of 2022. Since then, PSEC stock has decreased by 15.3% and is now trading at $7.12.
View the best growth stocks for 2022 here
.

When is Prospect Capital's next earnings date?

Prospect Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
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 Sunday, November, 7th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. The financial services provider earned $169.47 million during the quarter, compared to analysts' expectations of $166.31 million. Prospect Capital had a trailing twelve-month return on equity of 8.29% and a net margin of 126.76%. During the same quarter in the prior year, the business earned $0.15 EPS.
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 Thursday, May 12th. Shareholders of record on Monday, August 29th will be paid a dividend of $0.06 per share on Wednesday, September 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.11%. The ex-dividend date of this dividend is Friday, August 26th.
View Prospect Capital's dividend history
.

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 10.11%. PSEC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Prospect Capital is 32.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Prospect Capital will have a dividend payout ratio of 80.90% in the coming year. This indicates that Prospect Capital may not be able to sustain their current dividend.
View Prospect Capital's dividend history.

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 70)
  • Mr. Michael Grier Eliasek, Pres, COO & Director (Age 48)
  • Ms. Kristin Lea Van Dask CPA, CFO, Treasurer, Sec. & Chief Compliance Officer (Age 42)
  • Ms. Alexandra Krasinets CPA, VP of Accounting
  • Mr. Al Faella, Chief Technology Officer
  • Ms. Daria Becker, Head of Admin.
  • Ms. Carlynn Finn, VP – Investor Relations
  • Mr. Jonathan J. Li, Chief Compliance Officer and Deputy Gen. Counsel
  • Ms. Trisha Blackman, Sr. VP of Admin., Head of HR & Deputy Chief Compliance Officer
  • Mr. Bart J. deBie J.D., Managing Director (Age 49)

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

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

What other stocks do shareholders of Prospect Capital own?

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 Van ECK Associates Corp (1.01%), LSV Asset Management (0.47%), BlackRock Inc. (0.47%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Muzinich & Co. Inc. (0.23%) and UBS Group AG (0.20%). 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 major investors are selling Prospect Capital stock?

PSEC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, LSV Asset Management, DNB Asset Management AS, Invesco Ltd., UBS Group AG, Simplex Trading LLC, and Sumitomo Mitsui Trust Holdings Inc..
View insider buying and selling activity for Prospect Capital
or view top insider-selling stocks.

Which major investors are buying Prospect Capital stock?

PSEC stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Northern Trust Corp, Advisors Asset Management Inc., Merit Financial Group LLC, JPMorgan Chase & Co., Arkadios Wealth Advisors, First Republic Investment Management Inc., and Group One Trading L.P..
View insider buying and selling activity for Prospect Capital
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Prospect Capital's stock price today?

One share of PSEC stock can currently be purchased for approximately $7.12.

How much money does Prospect Capital make?

Prospect Capital (NASDAQ:PSEC) has a market capitalization of $2.79 billion and generates $631.97 million in revenue each year. The financial services provider earns $963.81 million in net income (profit) each year or $2.199990 on an earnings per share basis.

How many employees does Prospect Capital have?

Prospect Capital employs 2,019 workers across the globe.

When was Prospect Capital founded?

Prospect Capital was founded in 2004.

How can I contact Prospect Capital?

Prospect Capital's mailing address is 10 EAST 40TH STREET 42ND FLOOR, NEW YORK NY, 10016. The official website for Prospect Capital is www.prospectstreet.com. The financial services provider can be reached via phone at (212) 448-0702, via email at [email protected], or via fax at 212-448-9652.

This page (NASDAQ:PSEC) was last updated on 6/27/2022 by MarketBeat.com Staff

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