NASDAQ:SLRC - Solar Capital Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $21.00 +0.19 (+0.91 %) (As of 12/9/2018 02:54 PM ET)Previous Close$21.00Today's Range$20.80 - $21.1452-Week Range$19.70 - $22.00Volume104,477 shsAverage Volume76,771 shsMarket Capitalization$887.48 millionP/E Ratio12.96Dividend Yield7.81%Beta0.66 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, 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 sctivities; 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. Receive SLRC News and Ratings via Email Sign-up to receive the latest news and ratings for SLRC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Investment offices, not elsewhere classified Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:SLRC Previous Symbol CUSIP83413U10 Webwww.solarcapltd.com Phone212-993-1670 Debt Debt-to-Equity Ratio0.52 Current Ratio1.01 Quick Ratio1.01 Price-To-Earnings Trailing P/E Ratio12.96 Forward P/E Ratio11.86 P/E Growth2.37 Sales & Book Value Annual Sales$143.34 million Price / Sales6.19 Cash Flow$1.6179 per share Price / Cash Flow12.98 Book Value$21.81 per share Price / Book0.96 Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$70.43 million Net Margins48.83% Return on Equity8.12% Return on Assets4.55% Miscellaneous EmployeesN/A Outstanding Shares42,260,000Market Cap$887.48 million OptionableOptionable Solar Capital (NASDAQ:SLRC) Frequently Asked Questions What is Solar Capital's stock symbol? Solar Capital trades on the NASDAQ under the ticker symbol "SLRC." How often does Solar Capital pay dividends? What is the dividend yield for Solar Capital? Solar Capital announced a quarterly dividend on Wednesday, November 7th. Shareholders of record on Thursday, December 20th will be given a dividend of $0.41 per share on Friday, January 4th. This represents a $1.64 dividend on an annualized basis and a yield of 7.81%. The ex-dividend date is Wednesday, December 19th. View Solar Capital's Dividend History. How were Solar Capital's earnings last quarter? Solar Capital Ltd. (NASDAQ:SLRC) posted its quarterly earnings data on Monday, November, 5th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.45 by $0.03. The financial services provider had revenue of $37.01 million for the quarter, compared to analyst estimates of $39.59 million. Solar Capital had a return on equity of 8.12% and a net margin of 48.83%. View Solar Capital's Earnings History. When is Solar Capital's next earnings date? Solar Capital is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Solar Capital. What price target have analysts set for SLRC? 5 Wall Street analysts have issued 12-month target prices for Solar Capital's shares. Their predictions range from $23.00 to $25.00. On average, they anticipate Solar Capital's stock price to reach $23.6667 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets for Solar Capital. What is the consensus analysts' recommendation for Solar Capital? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solar Capital in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Solar Capital. What are Wall Street analysts saying about Solar Capital stock? Here are some recent quotes from research analysts about Solar Capital stock: 1. According to Zacks Investment Research, "Solar Capital Ltd. is a closed-end investment company that invests primarily in leveraged companies, including middle market companies, in the form of senior secured loans, mezzanine loans, and equity securities. " (12/5/2018) 2. National Securities analysts commented, " Solar posted $0.44/share of NII for 3Q18, above the $0.41/share quarterly dividend but short of our $0.46/share estimate. The portfolio at fair value was up modestly on the quarter to $1.41 billion from $1.40 billion Q/Q. The company has been and we expect will likely continue to be one of the most disciplined underwriters in the BDC sector. As previously discussed, Solar brought its SSLP and SSLP II joint venture programs on balance sheet, adding $226.5 million of senior secured loans to its balance sheet. The company also brought both revolvers pertaining to the SSLPs on its books. We think this makes sense as it reduces frictional costs and greatly frees up the 30% basket for Solar. This will enable the company to make more strategic lender finance acquisitions going forward. The company already has four distinct verticals: cash flow middle market lending ABL (asset-based lending), equipment finance, and life sciences lending. We think the company could potentially add another two verticals, although the timing of this is unknown. Solar had spoken with Crystal Financial two years before acquiring the company and had discussions with NEF four years prior to acquiring them. The company also discussed the expansion of the platform, with Solar Capital Partners now having over $5.5 billion of AUM. We think the increased size and scale of the platform combined with uncorrelated verticals bodes well for SLRC’s earnings going forward. We are revising our 2018 NII/share estimate to $1.79 from $1.82 and our 2019 NII/share estimate to $1.93 from $1.95 and maintaining our BUY rating and $25 price target." (11/6/2018) Has Solar Capital been receiving favorable news coverage? News stories about SLRC stock have been trending positive on Sunday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Solar Capital earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near future. Who are some of Solar Capital's key competitors? Some companies that are related to Solar Capital include DNP Select Income Fund (DNP), Nuveen Municipal Value Fund (NUV), Gabelli Equity Trust (GAB), Tri-Continental (TY), Adams Diversified Equity Fund (ADX), Royce Value Trust (RVT), PIMCO Corporate&Income Opportunity Fund (PTY), Tortoise Energy Infrastructure (TYG), Hercules Capital (HTGC), Liberty All-Star Equity Fund (USA), Boulder Growth & Income Fund (BIF), Apollo Investment (AINV), PIMCO High Income Fund (PHK), AllianceBernstein Global Hgh Incm Fd (AWF) and Tekla Healthcare Investors (HQH). Who are Solar Capital's key executives? Solar Capital's management team includes the folowing people: Mr. Michael S. Gross, Chairman, Pres & CEO (Age 56)Mr. Bruce J. Spohler, Chief Operating Officer (Age 57)Mr. Richard L. Peteka, Treasurer, Sec. & CFO (Age 56)Mr. Richard R. Pivirotto Jr., Investor RelationsMr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 63) Who are Solar Capital's major shareholders? Solar Capital's stock is owned by a variety of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.96%), JPMorgan Chase & Co. (1.96%), Muzinich & Co. Inc. (1.45%), Aristotle Capital Boston LLC (1.28%), Eagle Boston Investment Management Inc. (0.95%) and Credit Suisse AG (0.84%). View Institutional Ownership Trends for Solar Capital. Which institutional investors are selling Solar Capital stock? SLRC stock was sold by a variety of institutional investors in the last quarter, including Muzinich & Co. Inc., Citadel Advisors LLC, Morgan Stanley, Advisors Asset Management Inc., Wells Fargo & Company MN, Sumitomo Mitsui Asset Management Company LTD, Advisory Research Inc. and AXA. View Insider Buying and Selling for Solar Capital. Which institutional investors are buying Solar Capital stock? SLRC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Cliffwater LLC, Resource America Inc., Aristotle Capital Boston LLC, Pekin Singer Strauss Asset Management IL, Mirae Asset Global Investments Co. Ltd. and Chicago Partners Investment Group LLC. View Insider Buying and Selling for Solar Capital. How do I buy shares of Solar Capital? Shares of SLRC 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, Scottrade, Fidelity and Charles Schwab. What is Solar Capital's stock price today? One share of SLRC stock can currently be purchased for approximately $21.00. How big of a company is Solar Capital? Solar Capital has a market capitalization of $887.48 million and generates $143.34 million in revenue each year. The financial services provider earns $70.43 million in net income (profit) each year or $1.62 on an earnings per share basis. What is Solar Capital's official website? The official website for Solar Capital is http://www.solarcapltd.com. How can I contact Solar Capital? Solar Capital's mailing address is 500 PARK AVENUE 3RD FLOOR, NEW YORK NY, 10022. The financial services provider can be reached via phone at 212-993-1670 or via email at [email protected] MarketBeat Community Rating for Solar Capital (NASDAQ SLRC)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 278 (Vote Outperform)Underperform Votes: 291 (Vote Underperform)Total Votes: 569MarketBeat's community ratings are surveys of what our community members think about Solar Capital and other stocks. Vote "Outperform" if you believe SLRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLRC will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/9/2018 by MarketBeat.com StaffFeatured Article: What kind of dividend yield to CEF's pay?