NASDAQ:SLRC

SLR Investment (SLRC) Stock Forecast, Price & News

$15.39

-0.06 (-0.39%)

(As of 09/29/2023 ET)

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Today's Range: $15.38
▼
$15.60
50-Day Range: $14.63
▼
$15.60
52-Week Range: $12.08
▼
$16.08

Volume: 216,001 shs
Average Volume: 164,900 shs
Market Capitalization: $839.68 million

P/E Ratio: 14.12
Dividend Yield: 10.66%
Price Target: $14.10

SLR Investment MarketRank™ Forecast

Analyst Rating: Reduce
1.80 Rating Score
Upside/Downside: 8.4% Downside
$14.10 Price Target
Short Interest: Healthy
0.73% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.08
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$1.12 M Bought Last Quarter
Proj. Earnings Growth: 2.37%
From $1.69 to $1.73 Per Share

Overall MarketRank^™

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

2.16 out of 5 stars

Finance Sector

601st out of 879 stocks

Investment Offices, Not Elsewhere Classified Industry

1st out of 8 stocks

0.9

Analyst's Opinion

Consensus Rating
SLR Investment has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $14.10, SLR Investment has a forecasted downside of 8.4% from its current price of $15.39.
Amount of Analyst Coverage
SLR Investment has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.73% of the outstanding shares of SLR Investment have been sold short.
Short Interest Ratio / Days to Cover
SLR Investment has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SLR Investment has recently decreased by 12.69%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
SLR Investment is a leading dividend payer. It pays a dividend yield of 10.66%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
SLR Investment does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of SLR Investment is 150.46%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, SLR Investment will have a dividend payout ratio of 94.80% in the coming year. This indicates that SLR Investment may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SLRC.

3.4

News and Social Media Coverage

News Sentiment
SLR Investment has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for SLR Investment this week, compared to 1 article on an average week.
Search Interest
Only 10 people have searched for SLRC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
11 people have added SLR Investment to their MarketBeat watchlist in the last 30 days. This is an increase of 450% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SLR Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,120,108.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.40% of the stock of SLR Investment is held by insiders.
Percentage Held by Institutions
Only 30.23% of the stock of SLR Investment is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for SLR Investment are expected to grow by 2.37% in the coming year, from $1.69 to $1.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SLR Investment is 14.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of SLR Investment is 14.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.00.
Price to Book Value per Share Ratio
SLR Investment has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SLR Investment (NASDAQ:SLRC) Stock

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate activities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non-precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.

SLRC Price History

30 days | 90 days | 365 days | Advanced Chart

SLRC Stock News Headlines

September 29, 2023 | finance.yahoo.com

SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended September 30, 2023

September 21, 2023 | msn.com

SLR Investment Is Well-Positioned To Face Volatility

October 1, 2023 | Behind the Markets (Ad)

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September 18, 2023 | finance.yahoo.com

SLR Appoints Brad Coleman as an Operating Partner

September 18, 2023 | finance.yahoo.com

SLR Welcomes Chris York as a Partner

September 6, 2023 | markets.businessinsider.com

SLR Appoints Ingrid Kiefer as Partner and Chief Business Development Officer

September 5, 2023 | finance.yahoo.com

SLR Investment Corp. Announces Monthly Distribution for September 2023

August 11, 2023 | msn.com

JP Morgan Maintains SLR Investment (SLRC) Neutral Recommendation

October 1, 2023 | Legacy Research (Ad)

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August 11, 2023 | msn.com

Wells Fargo Maintains SLR Investment (SLRC) Underweight Recommendation

August 9, 2023 | finance.yahoo.com

SLR Investment (SLRC) Q2 Earnings Match Estimates

August 8, 2023 | finance.yahoo.com

SLR Investment Corp. Announces Quarter Ended June 30, 2023 Financial Results

August 5, 2023 | msn.com

High Yield Monthly Dividends: Why SLR Investment Corp Beats Main Street Capital

July 29, 2023 | msn.com

B. Riley Securities Initiates Coverage of SLR Investment (SLRC) with Neutral Recommendation

July 27, 2023 | seekingalpha.com

SLR Investment: A Monthly 11.15% Yield, But NAV Is Being Challenged

July 5, 2023 | finance.yahoo.com

SLR Investment Corp. Announces Monthly Distribution for July 2023

June 30, 2023 | finance.yahoo.com

SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended June 30, 2023

June 2, 2023 | msn.com

SLR Investment (SLRC) Declares $0.14 Dividend

June 1, 2023 | finance.yahoo.com

SLR Investment Corp. Announces Monthly Distribution for June 2023

May 31, 2023 | seekingalpha.com

SLR Investment: A BDC Worth Considering For Both Short And Long Term

May 18, 2023 | msn.com

SLR Inv's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

May 16, 2023 | finance.yahoo.com

SLR Investment Corp. (NASDAQ:SLRC) Q1 2023 Earnings Call Transcript

May 16, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Financial Stocks: SLR Investment Corp. (SLRC), Nexus Real Estate Investment (OtherEFRTF) and TPG (TPG)

May 10, 2023 | finance.yahoo.com

SLR Investment Corp. Announces Quarter Ended March 31, 2023 Financial Results

April 19, 2023 | markets.businessinsider.com

Wells Fargo Keeps Their Sell Rating on SLR Investment Corp. (SLRC)

April 4, 2023 | finance.yahoo.com

SLR Investment Corp. Announces Monthly Distribution for April 2023

April 4, 2023 | finance.yahoo.com

SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended March 31, 2023

See More Headlines

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SLRC Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 8/30 Dividend: 8/17/2023
Dividend Payable: 8/30/2023
Ex-Dividend for 9/28 Dividend: 9/19/2023
Dividend Payable: 9/28/2023
Today: 10/01/2023
Next Earnings (Confirmed): 11/07/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investment offices, not elsewhere classified
Sub-Industry: Asset Management & Custody Banks
Sector: Finance
Current Symbol: NASDAQ:SLRC
CUSIP: 83413U10
CIK: 1418076
Web: www.solarcapltd.com
Phone: (212) 993-1670
Fax: 212-994-8545
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.10
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $11.50
Forecasted Upside/Downside: -8.4%
Consensus Rating: Reduce
Rating Score (0-4): 1.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.09
Trailing P/E Ratio: 14.12
Forward P/E Ratio: 9.11
P/E Growth: N/A
Net Income: $18.34 million
Net Margins: 27.57%
Pretax Margin: 29.14%
Return on Equity: 8.81%
Return on Assets: 3.46%

Debt

Debt-to-Equity Ratio: 1.24
Current Ratio: 1.03
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $177.51 million
Price / Sales: 4.73
Cash Flow: $1.39 per share
Price / Cash Flow: 11.04
Book Value: $18.25 per share
Price / Book: 0.84

Miscellaneous

Outstanding Shares: 54,560,000
Free Float: 50,518,000
Market Cap: $839.68 million
Optionable: Optionable
Beta: 1.12

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Key Executives

Mr. Michael Stuart Gross (Age 61)
Chairman, Pres & Co-CEO

Mr. Bruce John Spohler (Age 62)
COO, Co-CEO & Interested Director

Mr. Shiraz Y. Kajee CPA (Age 43)
CPA, CFO, Treasurer & Sec.

Mr. Richard R. Pivirotto Jr.
Investor Relations

Mr. Guy Francis Talarico J.D. (Age 68)
Chief Compliance Officer

Mr. Anthony Storino
Head of Healthcare Venture Lending

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SLRC Stock - Frequently Asked Questions

Should I buy or sell SLR Investment stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLR Investment in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SLRC shares.
View SLRC analyst ratings or view top-rated stocks.
What is SLR Investment's stock price forecast for 2023?: 5 Wall Street research analysts have issued 12-month target prices for SLR Investment's stock. Their SLRC share price forecasts range from $11.50 to $15.00. On average, they expect the company's stock price to reach $14.10 in the next year. This suggests that the stock has a possible downside of 8.4%.
View analysts price targets for SLRC or view top-rated stocks among Wall Street analysts.
How have SLRC shares performed in 2023?: SLR Investment's stock was trading at $13.91 on January 1st, 2023. Since then, SLRC shares have increased by 10.6% and is now trading at $15.39.
View the best growth stocks for 2023 here.
When is SLR Investment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our SLRC earnings forecast.
How can I listen to SLR Investment's earnings call?: SLR Investment will be holding an earnings conference call on Wednesday, November 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-6984.
How were SLR Investment's earnings last quarter?: SLR Investment Corp. (NASDAQ:SLRC) posted its earnings results on Tuesday, August, 8th. The financial services provider reported $0.42 earnings per share for the quarter, meeting the consensus estimate of $0.42. The financial services provider earned $56.34 million during the quarter, compared to analysts' expectations of $54.81 million. SLR Investment had a net margin of 27.57% and a trailing twelve-month return on equity of 8.81%.
How often does SLR Investment pay dividends? What is the dividend yield for SLR Investment?: SLR Investment declared a monthly dividend on Tuesday, September 5th. Stockholders of record on Wednesday, September 20th will be given a dividend of $0.137 per share on Thursday, September 28th. This represents a $1.64 dividend on an annualized basis and a yield of 10.68%. The ex-dividend date is Tuesday, September 19th.
Read our dividend analysis for SLRC.

What ETFs hold SLR Investment's stock?: ETFs with the largest weight of SLR Investment (NASDAQ:SLRC) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), GraniteShares HIPS US High Income ETF (HIPS), Virtus Private Credit Strategy ETF (VPC) and VanEck BDC Income ETF (BIZD).ProShares Global Listed Private Equity ETF (PEX).
Is SLR Investment a good dividend stock?: SLR Investment (NASDAQ:SLRC) pays an annual dividend of $1.64 per share and currently has a dividend yield of 10.66%. SLRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 150.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SLRC will have a dividend payout ratio of 94.80% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SLRC.
What other stocks do shareholders of SLR Investment own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SLR Investment investors own include AT&T (T), Ares Capital (ARCC), Energy Transfer (ET), Enterprise Products Partners (EPD), Main Street Capital (MAIN), Pfizer (PFE), Omega Healthcare Investors (OHI), Prospect Capital (PSEC), Annaly Capital Management (NLY) and International Business Machines (IBM).
What is SLR Investment's stock symbol?: SLR Investment trades on the NASDAQ under the ticker symbol "SLRC."
How do I buy shares of SLR Investment?: Shares of SLRC 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 SLR Investment's stock price today?: One share of SLRC stock can currently be purchased for approximately $15.39.
How much money does SLR Investment make?: SLR Investment (NASDAQ:SLRC) has a market capitalization of $839.68 million and generates $177.51 million in revenue each year. The financial services provider earns $18.34 million in net income (profit) each year or $1.09 on an earnings per share basis.
How can I contact SLR Investment?: SLR Investment's mailing address is 500 PARK AVENUE 3RD FLOOR, NEW YORK NY, 10022. The official website for the company is www.solarcapltd.com. The financial services provider can be reached via phone at (212) 993-1670, via email at info@solarcapltd.com, or via fax at 212-994-8545.

This page (NASDAQ:SLRC) was last updated on 10/1/2023 by MarketBeat.com Staff

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