QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
NASDAQ:PSEC

Prospect Capital (PSEC) Stock Forecast, Price & News

$6.22
+0.06 (+0.97%)
(As of 06/1/2023 ET)
Compare
Today's Range
$6.17
$6.23
50-Day Range
$6.08
$7.00
52-Week Range
$5.92
$8.19
Volume
1.27 million shs
Average Volume
1.46 million shs
Market Capitalization
$2.50 billion
P/E Ratio
N/A
Dividend Yield
11.58%
Price Target
$6.50

Prospect Capital MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
4.5% Upside
$6.50 Price Target
Short Interest
Bearish
2.40% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$628,000 Bought Last Quarter
Proj. Earnings Growth
-5.81%
From $0.86 to $0.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.24 out of 5 stars

Finance Sector

1745th out of 1,786 stocks

Investors, Not Elsewhere Classified Industry

33rd out of 34 stocks


PSEC stock logo

About Prospect Capital (NASDAQ:PSEC) Stock

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.

Receive PSEC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Prospect Capital and its competitors with MarketBeat's FREE daily newsletter.

PSEC Stock News Headlines

Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Prospect Capital Co. (PSEC) To Go Ex-Dividend on August 28th
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Q3 2023 Prospect Capital Corp Earnings Call
Prospect Capital (PSEC) Surpasses Q2 Earnings Estimates
10 Best February Dividend Stocks To Buy
See More Headlines

PSEC Price History

PSEC Company Calendar

Last Earnings
11/07/2021
Ex-Dividend for 6/21 Dividend
5/25/2023
Today
6/01/2023
Dividend Payable
6/21/2023
Ex-Dividend for 7/20 Dividend
6/27/2023
Fiscal Year End
6/30/2023
Dividend Payable
7/20/2023
Next Earnings (Estimated)
9/04/2023

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

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
+4.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$582.58 million
Pretax Margin
-19.21%

Debt

Sales & Book Value

Annual Sales
$710.90 million
Cash Flow
$1.13 per share
Book Value
$9.45 per share

Miscellaneous

Free Float
291,814,000
Market Cap
$2.51 billion
Optionable
Optionable
Beta
1.02

Social Links


Key Executives

  • John Francis Barry
    Chairman & Chief Executive Officer
  • Michael Grier Eliasek
    President, COO & Independent Director
  • Kristin van Dask
    Secretary, Chief Financial & Compliance Officer
  • Steven Elliott
    Chief Information Officer
  • Al Faella
    Chief Technology Officer













PSEC Stock - 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 forecast for 2023?

1 analysts have issued 1 year price objectives for Prospect Capital's stock. Their PSEC share price forecasts range from $6.50 to $6.50. On average, they anticipate the company's share price to reach $6.50 in the next year. This suggests a possible upside of 4.3% 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 2023?

Prospect Capital's stock was trading at $6.99 on January 1st, 2023. Since then, PSEC shares have decreased by 10.9% and is now trading at $6.23.
View the best growth stocks for 2023 here
.

Are investors shorting Prospect Capital?

Prospect Capital saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,180,000 shares, an increase of 25.3% from the April 30th total of 5,730,000 shares. Based on an average daily volume of 1,550,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.4% of the shares of the stock are sold short.
View Prospect Capital's Short Interest
.

When is Prospect Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, September 4th 2023.
View our PSEC earnings forecast
.

How were Prospect Capital's earnings last quarter?

Prospect Capital Co. (NASDAQ:PSEC) issued its quarterly earnings results on Sunday, November, 7th. The financial services provider reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. The financial services provider had revenue of $169.47 million for the quarter, compared to analyst estimates of $166.31 million. Prospect Capital had a positive trailing twelve-month return on equity of 11.02% and a negative net margin of 21.66%. During the same period in the previous year, the firm earned $0.15 EPS.

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

Prospect Capital declared a monthly dividend on Monday, May 15th. Stockholders of record on Tuesday, August 29th will be paid a dividend of $0.06 per share on Wednesday, September 20th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.56%. The ex-dividend date of this dividend is Monday, August 28th.
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 11.54%. 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 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?
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 variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (0.93%), LSV Asset Management (0.44%), BlackRock Inc. (0.43%), Advisors Asset Management Inc. (0.17%), Group One Trading L.P. (0.00%) and First Republic Investment Management Inc. (0.15%). Insiders that own company stock include Dask Kristin Lea Van, Eugene S Stark and John F Barry.
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 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 $6.23.

How much money does Prospect Capital make?

Prospect Capital (NASDAQ:PSEC) has a market capitalization of $2.51 billion and generates $710.90 million in revenue each year. The financial services provider earns $582.58 million in net income (profit) each year or ($0.50) on an earnings per share basis.

How many employees does Prospect Capital have?

The company employs 2,019 workers across the globe.

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 the company is www.prospectstreet.com. The financial services provider can be reached via phone at (212) 448-0702, via email at investorrelations@prospectstreet.com, or via fax at 212-448-9652.

This page (NASDAQ:PSEC) was last updated on 6/1/2023 by MarketBeat.com Staff

My Account -