Log in

NASDAQ:PSECProspect Capital Stock Price, Forecast & News

$5.07
-0.14 (-2.69 %)
(As of 05/29/2020 04:00 PM ET)
Add
Compare
Today's Range
$4.98
Now: $5.07
$5.20
50-Day Range
$3.81
MA: $4.39
$5.46
52-Week Range
$3.67
Now: $5.07
$6.76
Volume2.96 million shs
Average Volume2.46 million shs
Market Capitalization$1.87 billion
P/E RatioN/A
Dividend Yield13.82%
Beta0.9
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.
Read More
Prospect Capital logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 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$0.84 per share
Book Value$7.94 per share

Profitability

Net Income$144.49 million

Miscellaneous

EmployeesN/A
Market Cap$1.87 billion
Next Earnings Date8/25/2020 (Estimated)
OptionableOptionable

Receive PSEC News and Ratings via Email

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

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 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?

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.

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) issued its earnings results on Monday, May, 11th. The financial services provider reported $0.19 EPS for the quarter, beating the Zacks' 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 positive return on equity of 8.74% and a negative net margin of 21.78%. During the same quarter in the previous year, the firm earned $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 paid a dividend of $0.06 per share on Thursday, September 17th. This represents a $0.72 annualized dividend and a yield of 14.20%. The ex-dividend date is Friday, August 28th. View Prospect Capital's dividend history.

Has Prospect Capital been receiving favorable news coverage?

News headlines about PSEC stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. 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 news impact score of -1.6 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutProspect Capital.

Are investors shorting Prospect Capital?

Prospect Capital saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 22,310,000 shares, an increase of 8.2% from the April 30th total of 20,620,000 shares. Based on an average trading volume of 4,220,000 shares, the days-to-cover ratio is currently 5.3 days. Approximately 8.2% of the shares of the company are short sold. View Prospect Capital's Current Options Chain.

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 variety of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.67%), Muzinich & Co. Inc. (0.67%), Van ECK Associates Corp (0.61%), Legal & General Group Plc (0.56%), Invesco Ltd. (0.46%) and Two Sigma Investments LP (0.34%). 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 UBS Group AG, Two Sigma Investments LP, Mackenzie Financial Corp, Muzinich & Co. Inc., Nissay Asset Management Corp Japan ADV, Virtus ETF Advisers LLC, HighTower Advisors LLC, and Balyasny Asset Management LLC. View insider buying and selling activity for Prospect Capital.

Which major investors are buying Prospect Capital stock?

PSEC stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Van ECK Associates Corp, Legal & General Group Plc, Two Sigma Advisers LP, Aurora Private Wealth Inc., Jane Street Group LLC, Aperio Group LLC, and Garner Asset Management Corp. 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 5/30/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.