NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free SSIC Stock Alerts $9.61 -0.25 (-2.54%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$8.38▼$9.8750-Day Range$7.65▼$10.2852-Week Range$7.29▼$10.47Volume65,208 shsAverage Volume16,180 shsMarket Capitalization$59.68 millionP/E Ratio8.21Dividend Yield10.41%Price Target$8.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Silver Spike Investment alerts: Email Address Silver Spike Investment MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside8.4% Downside$8.80 Price TargetShort InterestHealthy0.76% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-27.10%From $1.07 to $0.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.14 out of 5 starsFinance Sector848th out of 849 stocks 0.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $8.80, Silver Spike Investment has a forecasted downside of 8.4% from its current price of $9.61.Amount of Analyst CoverageSilver Spike Investment has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.76% 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 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Silver Spike Investment has recently increased by 25.24%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSilver Spike Investment is a leading dividend payer. It pays a dividend yield of 10.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSilver Spike Investment does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Silver Spike Investment will have a dividend payout ratio of 128.21% in the coming year. This indicates that Silver Spike Investment may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSIC. Previous Next 2.4 News and Social Media Coverage News SentimentSilver Spike Investment has a news sentiment score of 0.40. 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 is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Silver Spike Investment this week, compared to 0 articles on an average week.MarketBeat Follows2 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 Insiders72.73% 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 4.36% of the stock of Silver Spike Investment is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Silver Spike Investment are expected to decrease by -27.10% in the coming year, from $1.07 to $0.78 per share. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Silver Spike Investment Stock (NASDAQ:SSIC)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.Read More SSIC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSIC Stock News HeadlinesMarch 29, 2024 | finance.yahoo.comQ4 2023 Silver Spike Investment Corp Earnings CallMarch 28, 2024 | msn.comCannabis Finance Company Silver Spike Announces Solid 2023 GainsMarch 29, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 27, 2024 | globenewswire.comSilver Spike Investment Corp. Reports Fiscal Year End 2023 Financial ResultsMarch 27, 2024 | benzinga.comEarnings Outlook For Silver Spike InvestmentMarch 21, 2024 | americanbankingnews.comSilver Spike Investment (SSIC) Set to Announce Earnings on ThursdayMarch 14, 2024 | globenewswire.comSilver Spike Investment Corp. Announces Fiscal Year End 2023 Financial Results Conference CallMarch 8, 2024 | msn.comSilver Spike Investment declares $0.25 dividendMarch 29, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 8, 2024 | globenewswire.comSilver Spike Investment Corp. Declares Cash Dividend for First Quarter 2024February 20, 2024 | markets.businessinsider.comSilver Spike Investment Agrees To Purchase Loan Portfolio From Chicago AtlanticFebruary 20, 2024 | businesswire.comChicago Atlantic Enters into Joint Venture with Silver SpikeFebruary 20, 2024 | finance.yahoo.comSilver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago AtlanticFebruary 20, 2024 | finance.yahoo.comSilver Spike Investment Corp. Announces a Broadening of Its Investment StrategyFebruary 20, 2024 | globenewswire.comSilver Spike Investment Corp. Announces a Broadening of Its Investment StrategyFebruary 20, 2024 | globenewswire.comSilver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago AtlanticFebruary 10, 2024 | investorplace.comThe 3 Most Undervalued Cannabis Stocks to Buy in February 2024December 29, 2023 | morningstar.comSilver Spike Investment Corp SSICDecember 20, 2023 | seekingalpha.comSSIC Silver Spike Investment Corp.November 30, 2023 | msn.comSilver Spike Investment raises dividend by 11.1% to $0.70November 27, 2023 | msn.comSilver Spike Investment (SSIC) Price Target Increased by 29.55% to 11.63November 11, 2023 | finance.yahoo.comQ3 2023 Silver Spike Investment Corp Earnings CallNovember 9, 2023 | finance.yahoo.comSilver Spike Investment Corp. Reports Third Quarter 2023 Financial ResultsNovember 6, 2023 | investing.comSad Silver Lags GoldOctober 25, 2023 | finance.yahoo.comSilver Spike Investment Corp. Announces Third Quarter 2023 Financial Results Conference CallSeptember 11, 2023 | au.finance.yahoo.comSSIC - Silver Spike Investment Corp.September 5, 2023 | finance.yahoo.comSilver Spike Investment Corp. Declares Regular and Special DividendSee More Headlines 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 Company Calendar Ex-Dividend for 12/29 Dividend12/19/2023Dividend Payable12/29/2023Ex-Dividend for 3/28 Dividend3/19/2024Last Earnings3/27/2024Today3/28/2024Dividend Payable3/28/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry N/A Sub-IndustryN/A Current SymbolNASDAQ:SSIC CUSIPN/A CIK1843162 WebN/A Phone212-905-4923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$8.80 High Stock Price Target$8.80 Low Stock Price Target$8.80 Potential Upside/Downside-8.4%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 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 Ratio49.99 Quick Ratio49.99 Sales & Book Value Annual Sales$10,000.00 Price / Sales5,967.81 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares6,210,000Free Float1,695,000Market Cap$59.68 million OptionableNot Optionable Beta0.42 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Scott Gordon (Age 63)Chairperson & CEO Mr. Umesh Bhaskar Mahajan (Age 53)Chief Financial Officer Ms. Roxanne Nicole Jenkins (Age 38)Chief Compliance Officer & Secretary Key CompetitorsLogan Ridge FinanceNASDAQ:LRFCThe European Equity FundNYSE:EEAPathfinder BancorpNASDAQ:PBHCWisdomTree Cybersecurity FundNASDAQ:WCBRTC BancsharesNASDAQ:TCBCView All Competitors SSIC Stock Analysis - Frequently Asked Questions What is Silver Spike Investment's stock price target for 2024? 0 Wall Street analysts have issued 1-year target prices for Silver Spike Investment's stock. Their SSIC share price targets range from $8.80 to $8.80. On average, they anticipate the company's stock price to reach $8.80 in the next twelve months. This suggests that the stock has a possible downside of 8.4%. View analysts price targets for SSIC or view top-rated stocks among Wall Street analysts. How have SSIC shares performed in 2024? Silver Spike Investment's stock was trading at $8.44 on January 1st, 2024. Since then, SSIC shares have increased by 13.9% and is now trading at $9.61. View the best growth stocks for 2024 here. Are investors shorting Silver Spike Investment? Silver Spike Investment saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 12,900 shares, an increase of 25.2% from the February 29th total of 10,300 shares. Based on an average daily volume of 14,400 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the company's shares 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 Thursday, May 9th 2024. View our SSIC earnings forecast. How were Silver Spike Investment's earnings last quarter? Silver Spike Investment Corp. (NASDAQ:SSIC) released its quarterly earnings data on Wednesday, March, 27th. The company reported $0.28 earnings per share for the quarter, meeting the consensus estimate of $0.28. The company earned $3.66 million during the quarter, compared to analyst estimates of $3.38 million. How often does Silver Spike Investment pay dividends? What is the dividend yield for Silver Spike Investment? Silver Spike Investment announced a quarterly dividend on Friday, March 8th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.25 per share on Thursday, March 28th. This represents a $1.00 dividend on an annualized basis and a yield of 10.41%. The ex-dividend date of this dividend is Tuesday, March 19th. Read our dividend analysis for SSIC. Is Silver Spike Investment a good dividend stock? Silver Spike Investment (NASDAQ:SSIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 10.19%. SSIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for SSIC. What ETF holds Silver Spike Investment's stock? Amplify Seymour Cannabis ETF holds 82,918 shares of SSIC stock, representing 2.71% of its portfolio. When did Silver Spike Investment IPO? Silver Spike Investment (SSIC) raised $85 million in an 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. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SSIC) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Silver Spike Investment Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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