NASDAQ:PSEC - Prospect Capital Stock Price, Forecast & News

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

Prospect Capital announced a monthly dividend on Friday, February 14th. Stockholders of record on Thursday, April 30th will be paid a dividend of $0.06 per share on Thursday, May 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.48%. The ex-dividend date is Wednesday, April 29th. View Prospect Capital's Dividend History.

Prospect Capital Co. (NASDAQ:PSEC) released its quarterly earnings results on Monday, February, 10th. The financial services provider reported $0.18 earnings per share for the quarter, hitting analysts' consensus estimates of $0.18. The financial services provider had revenue of $161.92 million for the quarter, compared to analysts' expectations of $155.84 million. Prospect Capital had a return on equity of 8.74% and a net margin of 20.47%. During the same period in the previous year, the business earned $0.22 EPS. View Prospect Capital's Earnings History.

Prospect Capital is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Prospect Capital.

1 Wall Street analysts have issued twelve-month price objectives for Prospect Capital's stock. Their forecasts range from $4.00 to $4.00. On average, they expect Prospect Capital's share price to reach $4.00 in the next year. This suggests that the stock has a possible downside of 30.7%. View Analyst Price Targets for Prospect Capital.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prospect Capital in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Prospect Capital.

News coverage about PSEC stock has trended somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Prospect Capital earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Prospect Capital.

Prospect Capital saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 12,860,000 shares, a decrease of 5.2% from the December 31st total of 13,560,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the days-to-cover ratio is presently 8.5 days. Approximately 4.3% of the company's shares are short sold. View Prospect Capital's Current Options Chain.

Some companies that are related to Prospect Capital include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Legg Mason (LM), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII).

Based on aggregate information from My MarketBeat watchlists, some companies that other Prospect Capital investors own include Chembio Diagnostics (CEMI), Calumet Specialty Products Partners, L.P (CLMT), Two Harbors Investment (TWO), Blackrock Capital Investment (BKCC), Summit Midstream Partners (SMLP), Novocure (NVCR), New Residential Investment (NRZ), Viper Energy Partners (VNOM), Washington Prime Group (WPG) and AT&T (T).

Prospect Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include LSV Asset Management (1.70%), Muzinich & Co. Inc. (0.74%), UBS Group AG (0.59%), Van ECK Associates Corp (0.54%), Man Group plc (0.52%) and Independent Advisor Alliance (0.46%). 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.

PSEC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Van ECK Associates Corp, Muzinich & Co. Inc., Virtu Financial LLC, Guggenheim Capital LLC, California Public Employees Retirement System, Schonfeld Strategic Advisors LLC and SG Americas Securities LLC. View Insider Buying and Selling for Prospect Capital.

PSEC stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, Independent Advisor Alliance, LSV Asset Management, Cubist Systematic Strategies LLC, Quantbot Technologies LP, Virtus ETF Advisers LLC, Great West Life Assurance Co. Can and Marshall Wace LLP. 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 for 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.

One share of PSEC stock can currently be purchased for approximately $5.77.

Prospect Capital has a market capitalization of $2.12 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. View Additional Information About Prospect Capital.

The official website for Prospect Capital is http://www.prospectstreet.com/.

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]