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.
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Industry, Sector and Symbol
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone212-993-1670
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$153.53 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date2/20/2020 (Confirmed)
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 Monday, November 4th. Shareholders of record on Thursday, December 19th will be paid a dividend of $0.41 per share on Friday, January 3rd. This represents a $1.64 annualized dividend and a yield of 7.93%. The ex-dividend date is Wednesday, December 18th. View Solar Capital's Dividend History.
How were Solar Capital's earnings last quarter?
Solar Capital Ltd. (NASDAQ:SLRC) posted its quarterly earnings results on Monday, November, 4th. The financial services provider reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. The financial services provider earned $39.71 million during the quarter, compared to analyst estimates of $39.33 million. Solar Capital had a return on equity of 7.97% and a net margin of 43.03%. View Solar Capital's Earnings History.
When is Solar Capital's next earnings date?
How can I listen to Solar Capital's earnings call?
Solar Capital will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for SLRC?
3 equities research analysts have issued 12 month price objectives for Solar Capital's stock. Their forecasts range from $19.00 to $25.00. On average, they anticipate Solar Capital's share price to reach $22.17 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Solar Capital.
What is the consensus analysts' recommendation for Solar Capital?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solar Capital in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Solar Capital.
Has Solar Capital been receiving favorable news coverage?
News coverage about SLRC stock has trended somewhat negative on Friday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. 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 news impact score of -1.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Solar Capital.
Are investors shorting Solar Capital?
Solar Capital saw a increase in short interest in December. As of December 13th, there was short interest totalling 277,800 shares, an increase of 42.2% from the November 28th total of 195,300 shares. Based on an average daily trading volume, of 123,900 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.7% of the company's shares are sold short. View Solar Capital's Current Options Chain.
Who are some of Solar Capital's key competitors?
Some companies that are related to Solar Capital include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).
What other stocks do shareholders of Solar Capital own?
Who are Solar Capital's key executives?
Solar Capital's management team includes the folowing people:
- Mr. Michael S. Gross, Chairman, Pres & CEO (Age 57)
- Mr. Richard L. Peteka, Treasurer, Sec. & CFO (Age 57)
- Mr. Richard R. Pivirotto Jr., Investor Relations
- Mr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 64)
- Mr. Anthony Storino, Head of Healthcare Venture Lending
Who are Solar Capital's major shareholders?
Solar Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Resource America Inc. (0.68%), Mckinley Capital Management LLC Delaware (0.51%), Chicago Partners Investment Group LLC (0.12%) and Garner Asset Management Corp (0.06%). Company insiders that own Solar Capital stock include Guy Talarico, Michael S Gross and Steven Hochberg. View Institutional Ownership Trends for Solar Capital.
Which major investors are selling Solar Capital stock?
Which major investors are buying Solar Capital stock?
SLRC stock was purchased by a variety of institutional investors in the last quarter, including Resource America Inc., Mckinley Capital Management LLC Delaware and Garner Asset Management Corp. Company insiders that have bought Solar Capital stock in the last two years include Guy Talarico, Michael S Gross and Steven Hochberg. 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, Robinhood, Fidelity and Charles Schwab.
What is Solar Capital's stock price today?
One share of SLRC stock can currently be purchased for approximately $20.67.
How big of a company is Solar Capital?
Solar Capital has a market capitalization of $873.51 million and generates $153.53 million in revenue each year. The financial services provider earns $66.87 million in net income (profit) each year or $1.77 on an earnings per share basis. View Additional Information About Solar Capital.
What is Solar Capital's official website?
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)
MarketBeat'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.
