NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Forecast, Price & News $8.39 +0.09 (+1.08%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$8.31▼$8.4950-Day Range$7.82▼$9.1952-Week Range$7.70▼$11.24Volume2,305 shsAverage Volume4,313 shsMarket Capitalization$52.10 millionP/E RatioN/ADividend YieldN/APrice Target$12.70 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Silver Spike Investment MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.4% Upside$12.70 Price TargetShort InterestHealthy0.11% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.72Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth19.75%From $0.81 to $0.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.75 out of 5 starsFinance Sector363rd out of 901 stocks 3.5 Analyst's Opinion Consensus RatingSilver Spike Investment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.70, Silver Spike Investment has a forecasted upside of 51.4% from its current price of $8.39.Amount of Analyst CoverageSilver Spike Investment has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.11% of the float of Silver Spike Investment has been sold short.Short Interest Ratio / Days to CoverSilver Spike Investment has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silver Spike Investment has recently decreased by 33.33%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSilver Spike Investment does not currently pay a dividend.Dividend GrowthSilver Spike Investment does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSIC. Previous Next 2.6 News and Social Media Coverage News SentimentSilver Spike Investment has a news sentiment score of 0.72. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Silver Spike Investment this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Silver Spike Investment to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Silver Spike Investment insiders have not sold or bought any company stock.Percentage Held by Insiders72.69% of the stock of Silver Spike Investment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 5.81% of the stock of Silver Spike Investment is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Silver Spike Investment are expected to grow by 19.75% in the coming year, from $0.81 to $0.97 per share.Price to Book Value per Share RatioSilver Spike Investment has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Silver Spike Investment (NASDAQ:SSIC) StockSilver 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.Read More Receive SSIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silver Spike Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address SSIC Stock News HeadlinesMay 29, 2023 | markets.businessinsider.comSilver Spike Investment (SSIC) Gets a Hold from Stifel NicolausMay 25, 2023 | markets.businessinsider.comSilver Spike Investment (SSIC) Receives a Hold from Stifel NicolausJune 1, 2023 | Vantage Point (Ad)Major Financial Crisis Could Hit AmericaSomething strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs? May 17, 2023 | americanbankingnews.comStifel Nicolaus Increases Silver Spike Investment (NASDAQ:SSIC) Price Target to $8.80May 15, 2023 | msn.comStifel Maintains Silver Spike Investment (SSIC) Hold RecommendationMay 12, 2023 | finance.yahoo.comSilver Spike Investment Corp. Reports First Quarter 2023 Financial ResultsMay 8, 2023 | finance.yahoo.comSilver Spike Investment Corp. Expands Loan Portfolio with Senior Secured Credit Facility to DreamFields Brands, Inc. (Jeeter)May 3, 2023 | finance.yahoo.comSilver Spike Investment Corp. Announces First Quarter 2023 Financial Results Conference CallJune 1, 2023 | Vantage Point (Ad)Major Financial Crisis Could Hit AmericaSomething strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs? April 11, 2023 | markets.businessinsider.comStifel Nicolaus Sticks to Its Hold Rating for Silver Spike Investment (SSIC)April 3, 2023 | msn.comCannabis Sales Leaseback Providers And Lenders: A Comparative Study Of Market/Book Ratios And Risk IndicatorsApril 3, 2023 | markets.businessinsider.comPiper Sandler Sticks to Their Buy Rating for Silver Spike Investment (SSIC)March 31, 2023 | msn.comSilver Spike Investment GAAP EPS of $0.23March 30, 2023 | finance.yahoo.comSilver Spike Investment Corp. Reports Fiscal Year End 2022 Financial ResultsMarch 30, 2023 | americanbankingnews.comSilver Spike Investment (SSIC) to Release Earnings on FridayMarch 27, 2023 | americanbankingnews.comSilver Spike Investment (NASDAQ:SSIC) Price Target Cut to $9.00 by Analysts at Stifel NicolausMarch 8, 2023 | finance.yahoo.comSilver Spike Investment Corp. Announces Fiscal Year End 2022 Financial Results Conference CallJanuary 31, 2023 | msn.comCan Silver Spike Investment Corp. (SSIC) Climb 31.26% to Reach the Level Wall Street Analysts Expect?January 26, 2023 | finance.yahoo.comSilver Spike Investment Corp. Expands Loan Portfolio with Senior Secured Credit Facility to MariMed Inc.January 20, 2023 | marketwatch.comSilver Jewellery Market Latest Research Report 2023-2029January 2, 2023 | yahoo.comEstimating The Intrinsic Value Of Silverlake Axis Ltd (SGX:5CP)November 10, 2022 | finance.yahoo.comSilver Spike Investment Corp. Reports Second Quarter Fiscal 2023 Financial ResultsNovember 1, 2022 | msn.comSilver Spike Investment Expands Loan Portfolio With Senior Secured Credit Facility To VeranoNovember 1, 2022 | finance.yahoo.comSilver Spike Investment Corp. Expands Loan Portfolio with Senior Secured Credit Facility to Verano Holdings Corp.October 28, 2022 | finance.yahoo.comSilver Spike Investment Corp. Announces Second Quarter 2023 Financial Results Conference CallOctober 18, 2022 | seekingalpha.comThe Silver Lining In Bond Market CloudsOctober 15, 2022 | businessinsider.com14 top private equity firms investing in sports, from Apollo to Sixth Street, as team and league valuations climb and spur dealmakingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SSIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Silver Spike Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address SSIC Company Calendar Today5/31/2023Next Earnings (Estimated)8/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry N/A Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:SSIC CUSIPN/A CIK1843162 WebN/A Phone212-905-4923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$12.70 High Stock Price Forecast$15.30 Low Stock Price Forecast$8.80 Forecasted Upside/Downside+51.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio77.78 Quick Ratio77.78 Sales & Book Value Annual Sales$10,000.00 Price / Sales5,210.19 Cash FlowN/A Price / Cash FlowN/A Book Value$14.29 per share Price / Book0.59Miscellaneous Outstanding Shares6,210,000Free Float1,697,000Market Cap$52.10 million OptionableNot Optionable Beta0.40 Key ExecutivesMr. Scott Gordon (Age 61)Chairperson & CEO Mr. Gregory M. Gentile (Age 46)CFO, Chief Compliance Officer & Sec. Key CompetitorsLichen ChinaNASDAQ:LICNThe Central and Eastern Europe FundNYSE:CEEWestern Asset Mortgage CapitalNYSE:WMCCatalyst BancorpNASDAQ:CLSTICCNASDAQ:ICCHView All CompetitorsInstitutional OwnershipCapstone Investment Advisors LLCSold 8,047 shares on 5/9/2023Ownership: 1.307%View All Institutional Transactions SSIC Stock - Frequently Asked Questions Should I buy or sell Silver Spike Investment stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Silver Spike Investment in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 1 year target prices for Silver Spike Investment's stock. Their SSIC share price forecasts range from $8.80 to $15.30. On average, they expect the company's stock price to reach $12.70 in the next year. This suggests a possible upside of 51.4% 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 on January 1st, 2023. Since then, SSIC stock has decreased by 14.4% and is now trading at $8.39. View the best growth stocks for 2023 here. Are investors shorting Silver Spike Investment? Silver Spike Investment saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,800 shares, a decrease of 33.3% from the April 30th total of 2,700 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold. 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 a price of $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 a number of retail and institutional investors. Top institutional investors 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 $8.39. How much money does Silver Spike Investment make? Silver Spike Investment (NASDAQ:SSIC) has a market capitalization of $52.10 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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