Solar Capital Company Profile (NASDAQ:SLRC)

About Solar Capital

Solar Capital logoSolar Capital Ltd. is a management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests in the United States middle market companies. It invests primarily in leveraged middle markets companies in the form of senior secured loans, mezzanine loans and equity securities. The Company is focused primarily on the direct origination of investments through portfolio companies or financial sponsors. Its investments range from $5 million to $100 million. It is managed by Solar Capital Partners, LLC (Solar Capital Partners). It invests in a portfolio of industries, such as aerospace and defense, air freight and logistics, automobiles, asset management and custody banks, building products, chemicals, commercial services and supplies, communications equipment, construction and engineering, consumer finance, containers and packaging, distributors and diversified consumer services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Diversified Investments
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: SLRC
  • CUSIP: 83413U10
Key Metrics:
  • Previous Close: $20.36
  • 50 Day Moving Average: $20.34
  • 200 Day Moving Average: $18.95
  • 52-Week Range: $15.05 - $20.88
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.13
  • P/E Growth: 2.95
  • Market Cap: $N/A
  • Beta: 0.6
Profitability:
  • Net Margins: 35.86%
  • Return on Equity: 7.83%
  • Return on Assets: 4.28%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.98%
Additional Links:
Companies Related to Solar Capital:

Analyst Ratings

Consensus Ratings for Solar Capital (NASDAQ:SLRC) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $21.14 (3.85% upside)

Analysts' Ratings History for Solar Capital (NASDAQ:SLRC)
Show:
DateFirmActionRatingPrice TargetDetails
8/16/2016Citigroup Inc.Boost Price TargetNeutral$17.00 -> $20.00View Rating Details
8/4/2016Deutsche Bank AGBoost Price TargetBuy$23.00 -> $23.50View Rating Details
8/4/2016National SecuritiesReiterated RatingBuy$21.00 -> $22.00View Rating Details
8/3/2016Keefe, Bruyette & WoodsSet Price TargetHold$20.00 -> $21.50View Rating Details
2/25/2016Cantor FitzgeraldReiterated RatingBuy$21.00View Rating Details
9/30/2015Bear StearnsInitiated CoverageBuy$20.00View Rating Details
9/30/2015DA DavidsonInitiated CoverageBuy$20.00View Rating Details
8/6/2015Ladenburg ThalmannUpgradeNeutral -> BuyView Rating Details
7/1/2015BMO Capital MarketsReiterated RatingBuy$22.00View Rating Details
5/10/2015Royal Bank Of CanadaReiterated RatingOutperform$24.00 -> $22.00View Rating Details
2/26/2015Wells Fargo & Co.UpgradeMarket Perform -> OutperformView Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Solar Capital (NASDAQ:SLRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q2$0.41$0.46ViewListenView Earnings Details
5/3/2016Q116$0.40$0.67$34.56 millionViewN/AView Earnings Details
2/24/2016Q415$0.40$0.40$32.86 millionViewListenView Earnings Details
11/4/2015Q3$0.39$0.40ViewListenView Earnings Details
8/4/2015Q2$0.38$0.38ViewListenView Earnings Details
5/5/2015Q115$0.39$0.34$29.23 millionViewListenView Earnings Details
2/25/2015Q414$0.39$0.40$29.50 millionViewListenView Earnings Details
11/4/2014Q313$0.39$0.39$29.40 millionViewListenView Earnings Details
8/4/2014$0.40$0.38ViewListenView Earnings Details
5/5/2014Q213$0.40$0.31$33.32 millionViewListenView Earnings Details
2/25/2014$0.40$0.42ViewListenView Earnings Details
5/7/2013Q1 2013$0.58$0.58$45.98 millionViewListenView Earnings Details
11/1/2012Q312$0.61$0.82$39.63 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Solar Capital (NASDAQ:SLRC)
Current Year EPS Consensus Estimate: $1.74 EPS
Next Year EPS Consensus Estimate: $1.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.40$0.42$0.41
Q2 20163$0.40$0.43$0.42
Q3 20162$0.40$0.43$0.42
Q4 20163$0.42$0.44$0.43
Q1 20172$0.43$0.45$0.44
Q2 20172$0.44$0.44$0.44
Q3 20172$0.45$0.46$0.46
Q4 20172$0.45$0.46$0.46
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Solar Capital (NASDAQ:SLRC)
Annual Dividend:$1.60
Dividend Yield:7.86%
Payout Ratio:136.75% (Based on Trailing 12 Months of Earnings)
91.95% (Based on Current Year Consensus EPS Estimate)
87.43% (Based on Next Year Consensus EPS Estimate)

Dividend History for Solar Capital (NASDAQ:SLRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.407.94%9/20/20169/22/201610/4/2016
5/5/2016quarterly$0.408.69%6/21/20166/23/20167/1/2016
2/24/2016$0.403/22/20163/24/20164/7/2016
2/25/2016quarterly$0.409.54%3/22/20163/24/20164/1/2016
11/4/2015quarterly$0.408.87%12/15/201512/17/20151/6/2016
8/7/2015quarterly$0.408.7%9/22/20159/24/201510/2/2015
5/6/2015quarterly$0.408.5%6/23/20156/25/20157/1/2015
2/26/2015quarterly$0.408.07%3/17/20153/19/20154/2/2015
11/4/2014quarterly$0.408.46%12/16/201412/18/20141/5/2015
8/7/2014quarterly$0.408.08%9/16/20149/18/201410/1/2014
5/5/2014quarterly$0.407.47%6/17/20146/19/20147/1/2014
2/25/2014quarterly$0.407.26%3/18/20143/20/20144/1/2014
10/30/2013quarterly$0.406.97%12/17/201312/19/20131/3/2014
7/24/2013quarterly$0.409/19/201310/2/2013
5/7/2013quarterly$0.609.96%6/18/20136/20/20137/1/2013
2/25/2013quarterly$0.609.75%3/19/20133/21/20134/2/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Solar Capital (NASDAQ:SLRC)
Insider Ownership Percentage: 5.80%
Institutional Ownership Percentage: 58.55%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/12/2016Steven HochbergDirectorBuy12,000$18.32$219,840.00View SEC Filing  
3/1/2016Michael S GrossInsiderBuy49,580$17.23$854,263.40View SEC Filing  
2/29/2016David WachterDirectorBuy5,000$16.90$84,500.00View SEC Filing  
12/11/2015Bruce J SpohlerInsiderBuy9,500$16.95$161,025.00View SEC Filing  
12/10/2015Michael S GrossInsiderBuy11,900$17.24$205,156.00View SEC Filing  
12/9/2015Michael S. GrossinsiderBuy1,727$17.24$29,773.48View SEC Filing  
12/8/2015Michael S. GrossinsiderBuy872$17.19$14,989.68View SEC Filing  
12/7/2015Michael S. GrossinsiderBuy20,000$17.37$347,400.00View SEC Filing  
11/19/2015Bruce J SpohlerInsiderBuy2,500$17.65$44,125.00View SEC Filing  
11/18/2015Bruce J. SpohlerinsiderBuy2,000$17.55$35,100.00View SEC Filing  
11/16/2015Michael S GrossInsiderBuy20,000$17.53$350,600.00View SEC Filing  
5/14/2015Michael S GrossInsiderBuy29,500$18.75$553,125.00View SEC Filing  
3/3/2015Bruce J SpohlerInsiderBuy52,236$20.25$1,057,779.00View SEC Filing  
12/15/2014Michael S GrossInsiderBuy28,000$17.68$495,040.00View SEC Filing  
12/11/2014Michael S GrossInsiderBuy29,000$17.82$516,780.00View SEC Filing  
3/5/2014Michael GrossInsiderBuy78,989$22.27$1,759,085.03View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Solar Capital (NASDAQ:SLRC)
DateHeadline
News IconAre Analysts Bullish Solar Capital Ltd. (NASDAQ:SLRC) After Last Week? - Post News (NASDAQ:SLRC)
www.kentuckypostnews.com - September 26 at 7:22 PM
4-traders.com logoSolar Capital : Short Interest Increased By 1.75% (NASDAQ:SLRC)
www.4-traders.com - September 24 at 6:35 PM
investornewswire.com logoCan Solar Capital Ltd. (NASDAQ:SLRC) Stock Hit Price Target Of $23.5? - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - September 23 at 12:02 PM
mysmartrend.com logoShares of SLRC Up 21.0% Since Uptrend Call on Shares (NASDAQ:SLRC)
www.mysmartrend.com - September 22 at 12:09 PM
investornewswire.com logoSolar Capital Ltd. (NASDAQ:SLRC)'s Expectation Of $171.186 In Sales - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - September 21 at 11:29 AM
News IconShares Have Ticked Up Over the Last Five Trading Sessions: Solar Capital Ltd. (NASDAQ:SLRC) - Post News (NASDAQ:SLRC)
www.kentuckypostnews.com - September 20 at 12:07 PM
4-traders.com logoSolar Capital : Q1 2016 Sentiment (NASDAQ:SLRC)
www.4-traders.com - September 17 at 6:49 PM
News IconDialectic Capital Management Lp Lowers stake in Solar Capital Ltd. (SLRC) (NASDAQ:SLRC)
10thousandcouples.com - September 16 at 7:04 PM
investornewswire.com logoExpected For Solar Capital Ltd. (NASDAQ:SLRC) Sales Of $171.186 - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - September 14 at 7:30 PM
News IconBroker Buy/Sell/Hold Updates For Solar Capital Ltd. (NASDAQ:SLRC) - National Daily Press (NASDAQ:SLRC)
www.nationaldailypress.com - September 14 at 7:30 PM
mysmartrend.com logoUptrend Call Working As Solar Capital Stock Rises 19.6% (SLRC) (NASDAQ:SLRC)
www.mysmartrend.com - September 13 at 12:13 PM
News IconSolar Capital Ltd. (NASDAQ:SLRC) Broker Price Targets For The Coming Week (NASDAQ:SLRC)
10thousandcouples.com - September 12 at 12:03 PM
News IconAres Management adds Solar Capital Ltd. (SLRC) to its portfolio - National Daily Press (NASDAQ:SLRC)
www.nationaldailypress.com - September 11 at 6:42 PM
investornewswire.com logoSolar Capital Ltd. (NASDAQ:SLRC) Analyst Rating Update - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - September 8 at 7:00 PM
investornewswire.com logoSolar Capital Ltd. (NASDAQ:SLRC) Expects Sales Of $171.186 - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - September 7 at 7:27 PM
News IconShares Spotted Rising Up to a Recent High: Solar Capital Ltd. (NASDAQ:SLRC) - Post News (NASDAQ:SLRC)
www.kentuckypostnews.com - September 7 at 7:27 PM
News IconStock Noted Climbing Up to a Recent High: Solar Capital Ltd. (NASDAQ:SLRC) - Post News (NASDAQ:SLRC)
www.kentuckypostnews.com - September 7 at 7:27 PM
mysmartrend.com logoUptrend Call Working As Solar Capital Stock Rises 20.8% (SLRC) (NASDAQ:SLRC)
www.mysmartrend.com - September 1 at 10:33 AM
News IconStreet Consensus on Solar Capital Ltd. (NASDAQ:SLRC) - Post News (NASDAQ:SLRC)
www.kentuckypostnews.com - August 29 at 11:57 AM
investornewswire.com logoSolar Capital Ltd. (NASDAQ:SLRC) Reports Sales Of $41.369, Surprising Estimates By 13.277% - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - August 24 at 7:08 PM
investornewswire.com logoAnalysts See Sales Of $171.186 For Solar Capital Ltd. (NASDAQ:SLRC) - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - August 17 at 10:28 AM
investornewswire.com logoSolar Capital Ltd. (NASDAQ:SLRC) Analyst Rating in Focus - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - August 14 at 11:48 AM
finance.yahoo.com logoEdited Transcript of SLRC earnings conference call or presentation 3-Aug-16 2:00pm GMT (NASDAQ:SLRC)
finance.yahoo.com - August 4 at 10:39 AM
seekingalpha.com logoSolar Capital's (SLRC) CEO Michael Gross on Q2 2016 Results - Earnings Call Transcript - Seeking Alpha (NASDAQ:SLRC)
seekingalpha.com - August 3 at 7:49 PM
biz.yahoo.com logoSolar Capital Ltd Earnings Call scheduled for 10:00 am ET today (NASDAQ:SLRC)
biz.yahoo.com - August 3 at 10:44 AM
sg.finance.yahoo.com logoSolar Capital tops Street 2Q forecasts (NASDAQ:SLRC)
sg.finance.yahoo.com - August 2 at 7:49 PM
biz.yahoo.com logoQ2 2016 Solar Capital Ltd Earnings Release - After Market Close (NASDAQ:SLRC)
biz.yahoo.com - August 2 at 12:25 PM
finance.yahoo.com logoFinance Stocks' Earnings to Watch on Aug 2: BOFI, FNGN, SLRC (NASDAQ:SLRC)
finance.yahoo.com - August 1 at 12:05 PM
News IconSolar Capital Limited (NASDAQ:SLRC) Shorted Shares Increased 29.6% After Market Selling - Consumer Eagle (NASDAQ:SLRC)
www.consumereagle.com - July 22 at 10:24 AM
News IconSolar Capital Ltd. (NASDAQ:SLRC): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:SLRC)
www.engelwooddaily.com - July 20 at 8:24 PM
News IconShares Recording a Recent High: Solar Capital Ltd. (NASDAQ:SLRC) - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 20 at 8:24 PM
investornewswire.com logoSolar Capital Ltd. (NASDAQ:SLRC) Expected To Post Sales Of $161.308 - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - July 20 at 10:21 AM
News IconWere Analysts Bearish Solar Capital Ltd. (NASDAQ:SLRC) This Week? - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 20 at 10:21 AM
News IconSolar Capital Ltd. (NASDAQ:SLRC) Wall Street Analyst Recommendation Outlook - TGP (NASDAQ:SLRC)
telanaganapress.com - July 19 at 8:11 AM
News IconStock Notching a Recent High: Solar Capital Ltd. (NASDAQ:SLRC) - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 16 at 10:40 AM
ftsenews.co.uk logoNew Broker Ratings For Solar Capital Ltd. (NASDAQ:SLRC) - FTSE News (NASDAQ:SLRC)
www.ftsenews.co.uk - July 15 at 12:41 PM
News IconInsiders Increasing Positions in: Solar Capital Ltd. (NASDAQ:SLRC) - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 14 at 11:04 AM
News IconSolar Capital Limited (NASDAQ:SLRC) Shorts Decreased by 4.43% After Short Covering - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 13 at 7:51 PM
investornewswire.com logoWill Solar Capital Ltd. (NASDAQ:SLRC) Surprise This Quarter? - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - July 13 at 7:51 PM
News IconSolar Capital Ltd. (NASDAQ:SLRC) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:SLRC)
www.engelwooddaily.com - July 13 at 7:51 PM
News IconSolar Capital Limited (NASDAQ:SLRC) Sellers Covered 4.43% of Their Shorts - Engelwood Daily (NASDAQ:SLRC)
www.engelwooddaily.com - July 7 at 7:30 PM
News IconCan Solar Capital Ltd. (NASDAQ:SLRC) Improve on the Earnings Front? - Engelwood Daily (NASDAQ:SLRC)
www.engelwooddaily.com - July 6 at 7:51 PM
investornewswire.com logoSales of $161.308 expected for Solar Capital Ltd. (NASDAQ:SLRC) - Investor Newswire (NASDAQ:SLRC)
www.investornewswire.com - July 5 at 7:07 PM
News IconShares With YTD Gains: Solar Capital Ltd. (NASDAQ:SLRC) - Telanagana Press (NASDAQ:SLRC)
telanaganapress.com - July 5 at 11:52 AM
News IconShare Performance Recap for: Solar Capital Ltd. (NASDAQ:SLRC) - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 5 at 11:52 AM
fiscalstandard.com logoBroker Outlook For The Week Ahead Solar Capital Ltd. (NASDAQ:SLRC) - Fiscal Standard (NASDAQ:SLRC)
www.fiscalstandard.com - July 5 at 11:52 AM
stocksdaily.net logoWill Solar Capital Ltd. (NASDAQ:SLRC) Surprise Analysts This Quarter? - Stocks Daily (NASDAQ:SLRC)
www.stocksdaily.net - July 5 at 11:52 AM
publicnow.com logoSolar Capital Ltd. Schedules the Release of Its Financial Results for the Quarter Ended June 30, 2016 (NASDAQ:SLRC)
www.publicnow.com - July 5 at 10:41 AM
News IconStock Valuation in Review: Solar Capital Ltd. (NASDAQ:SLRC) - Telanagana Press (NASDAQ:SLRC)
telanaganapress.com - July 3 at 6:42 PM
News IconSolar Capital Limited (NASDAQ:SLRC) Short Interest Decreased By 4.43% - Press Telegraph (NASDAQ:SLRC)
presstelegraph.com - July 2 at 6:57 PM

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Solar Capital (NASDAQ:SLRC) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff