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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NASDAQ:SSIC

Silver Spike Investment (SSIC) Stock Forecast, Price & News

$8.40
+0.10 (+1.20%)
(As of 06/2/2023 ET)
Compare
Today's Range
$8.35
$8.40
50-Day Range
$7.82
$9.19
52-Week Range
$7.70
$11.24
Volume
1,784 shs
Average Volume
6,476 shs
Market Capitalization
$52.16 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.70

Silver Spike Investment MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
51.2% Upside
$12.70 Price Target
Short Interest
Healthy
0.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
19.75%
From $0.81 to $0.97 Per Share

Overall MarketRank

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

2.52 out of 5 stars

Finance Sector

382nd out of 873 stocks


SSIC stock logo

About Silver Spike Investment (NASDAQ:SSIC) Stock

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.

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SSIC Stock News Headlines

Silver Spike Investment (SSIC) Gets a Hold from Stifel Nicolaus
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Silver Spike Investment (SSIC) to Release Earnings on Friday
The Silver Lining In Bond Market Clouds
See More Headlines

SSIC Price History

SSIC Company Calendar

Today
6/03/2023
Next Earnings (Estimated)
8/11/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:SSIC
Web
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.70
High Stock Price Forecast
$15.30
Low Stock Price Forecast
$8.80
Forecasted Upside/Downside
+51.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$10,000.00
Book Value
$14.29 per share

Miscellaneous

Free Float
1,697,000
Market Cap
$52.16 million
Optionable
Not Optionable
Beta
0.41

Key Executives

  • Mr. Scott Gordon (Age 61)
    Chairperson & CEO
  • Mr. Gregory M. Gentile (Age 46)
    CFO, Chief Compliance Officer & Sec.













SSIC Stock - Frequently Asked Questions

Should I buy or sell Silver Spike Investment stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silver Spike Investment in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSIC shares.
View SSIC analyst ratings
or view top-rated stocks.

What is Silver Spike Investment's stock price forecast for 2023?

2 analysts have issued twelve-month target prices for Silver Spike Investment's shares. Their SSIC share price forecasts range from $8.80 to $15.30. On average, they anticipate the company's stock price to reach $12.70 in the next year. This suggests a possible upside of 51.2% from the stock's current price.
View analysts price targets for SSIC
or view top-rated stocks among Wall Street analysts.

How have SSIC shares performed in 2023?

Silver Spike Investment's stock was trading at $9.80 at the start of the year. Since then, SSIC shares have decreased by 14.3% and is now trading at $8.40.
View the best growth stocks for 2023 here
.

Are investors shorting Silver Spike Investment?

Silver Spike Investment saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,800 shares, a drop of 33.3% from the April 30th total of 2,700 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.
View Silver Spike Investment's Short Interest
.

When is Silver Spike Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023.
View our SSIC earnings forecast
.

What ETF holds Silver Spike Investment's stock ?

Amplify Seymour Cannabis ETF holds 82,918 shares of SSIC stock, representing 2.81% of its portfolio.

When did Silver Spike Investment IPO?

(SSIC) raised $85 million in an initial public offering (IPO) on Friday, February 4th 2022. The company issued 6,100,000 shares at $14.00 per share. Stifel and Piper Sandler served as the underwriters for the IPO and Canaccord Genuity and Cantor were co-managers.

What is Silver Spike Investment's stock symbol?

Silver Spike Investment trades on the NASDAQ under the ticker symbol "SSIC."

Who are Silver Spike Investment's major shareholders?

Silver Spike Investment's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capstone Investment Advisors LLC (1.31%).

How do I buy shares of Silver Spike Investment?

Shares of SSIC 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 Silver Spike Investment's stock price today?

One share of SSIC stock can currently be purchased for approximately $8.40.

How much money does Silver Spike Investment make?

Silver Spike Investment (NASDAQ:SSIC) has a market capitalization of $52.16 million and generates $10,000.00 in revenue each year.

How can I contact Silver Spike Investment?

The company can be reached via phone at 212-905-4923.

This page (NASDAQ:SSIC) was last updated on 6/3/2023 by MarketBeat.com Staff

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