Free Trial
NASDAQ:RAND

Rand Capital (RAND) Stock Price, News & Analysis

$17.34
-1.36 (-7.27%)
(As of 09/6/2024 ET)
Today's Range
$16.54
$18.41
50-Day Range
$14.01
$19.30
52-Week Range
$12.50
$19.60
Volume
10,804 shs
Average Volume
2,293 shs
Market Capitalization
$44.74 million
P/E Ratio
7.78
Dividend Yield
6.69%
Price Target
N/A
RAND stock logo

About Rand Capital Stock (NASDAQ:RAND)

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses. It does not prefer to invest in real estate sector. It prefers to invest in software, professional services, manufacturing, consumer, healthcare, automotive and public d stocks. It prefers to invest in East or Midwest U.S. operations sectors. It typically invests between $0.75 million and $5 million with initial target size of $1.5 million. It seeks to invest in companies having more than $2 million in revenue or having excess of $1.5 million and up to $5 million in EBITDA. It prefers to be a minority stake and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period up to five years.

RAND Stock Price History

RAND Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Prosus: Results of Annual General Meeting
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Great Elm Capital: Be Careful, Don't Get Sucked In
Top Dividend Stocks On Euronext Amsterdam August 2024
IR Sep 2024 55.000 call (IR240920C00055000)
See More Headlines
Receive RAND Stock News and Ratings via Email

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

Company Calendar

Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Last Earnings
8/06/2024
Ex-Dividend for 9/13 Dividend
8/30/2024
Today
9/08/2024
Dividend Payable
9/13/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investors, not elsewhere classified
Sub-Industry
Financial Services
Current Symbol
NASDAQ:RAND
Employees
5
Year Founded
1969

Profitability

Net Income
$6.53 million
Pretax Margin
27.56%

Debt

Sales & Book Value

Annual Sales
$12.35 million
Cash Flow
$1.21 per share
Book Value
$22.36 per share

Miscellaneous

Free Float
N/A
Market Cap
$44.74 million
Optionable
Not Optionable
Beta
0.52
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Daniel Patrick Penberthy (Age 61)
    President & CEO
    Comp: $315.08k
  • Ms. Margaret Whalen Brechtel CPA (Age 58)
    Executive VP, Treasurer, CFO & Secretary
  • Ms. Deborah Kay Pawlowski (Age 63)
    Investor Relations
  • Ms. Heather Eastgate (Age 52)
    Chief Compliance Officer

RAND Stock Analysis - Frequently Asked Questions

How have RAND shares performed this year?

Rand Capital's stock was trading at $12.99 at the start of the year. Since then, RAND shares have increased by 33.5% and is now trading at $17.34.
View the best growth stocks for 2024 here
.

How were Rand Capital's earnings last quarter?

Rand Capital Co. (NASDAQ:RAND) announced its earnings results on Tuesday, August, 6th. The asset manager reported $0.44 earnings per share for the quarter. The asset manager earned $2.14 million during the quarter. Rand Capital had a net margin of 137.44% and a trailing twelve-month return on equity of 6.13%.

When did Rand Capital's stock split?

Rand Capital's stock reverse split before market open on Friday, May 22nd 2020. The 1-9 reverse split was announced on Thursday, May 21st 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, May 21st 2020. An investor that had 100 shares of stock prior to the reverse split would have 11 shares after the split.

How do I buy shares of Rand Capital?

Shares of RAND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rand Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rand Capital investors own include THL Credit (TCRD), Abraxas Petroleum (AXAS), AbbVie (ABBV), Gilead Sciences (GILD), General Motors (GM), International Business Machines (IBM) and Kohl's (KSS).

This page (NASDAQ:RAND) was last updated on 9/8/2024 by MarketBeat.com Staff

From Our Partners