NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Price, News & Analysis → Did Intel Just Dethrone Nvidia? (From Chaikin Analytics) (Ad) Free SSIC Stock Alerts $11.44 +0.11 (+0.97%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$11.33▼$11.4450-Day Range$9.57▼$11.4452-Week Range$7.29▼$11.50Volume1,186 shsAverage Volume14,596 shsMarket Capitalization$71.04 millionP/E Ratio13.15Dividend Yield8.74%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/Downside23.1% Downside$8.80 Price TargetShort InterestHealthy1.03% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.09Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.0.58 out of 5 starsFinance Sector2537th out of 2,641 stocks 0.0 Analyst's Opinion Amount of Analyst CoverageSilver Spike Investment has received no research coverage in the past 90 days.Read more about Silver Spike Investment's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.03% 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 1, 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 306.98%, 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 8.85%, 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 CoverageThe dividend payout ratio of Silver Spike Investment is 114.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Silver Spike Investment's 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 2.3 News and Social Media Coverage News SentimentSilver Spike Investment has a news sentiment score of 0.09. 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Silver Spike Investment this week, compared to 0 articles on an average week.Search Interest4 people have searched for SSIC on MarketBeat 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.Read more about Silver Spike Investment's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Silver Spike Investment is 13.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Silver Spike Investment is 13.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.88.Price to Book Value per Share RatioSilver Spike Investment has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Silver Spike Investment's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsMy system predicted the BA collapse – now it’s issuing an AI warningEven after several plane crashes and equipment malfunctions... a congressional hearing... and the worst PR firestorm in recent memory... The FTC's commission chair Lina Khan still deems Boeing (BA), "too big to fail" Click to see why a similar situation is currently brewing in the AI market... 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 HeadlinesMay 13 at 4:29 AM | finance.yahoo.comSilver Spike Investment Corp (SSIC) Q1 2024 Earnings Call Transcript Highlights: Navigating ...May 11 at 2:59 AM | finance.yahoo.comQ1 2024 Silver Spike Investment Corp Earnings CallMay 9, 2024 | globenewswire.comSilver Spike Investment Corp. Reports First Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per ShareApril 25, 2024 | globenewswire.comSilver Spike Investment Corp. Announces First Quarter 2024 Financial Results Conference CallApril 3, 2024 | seekingalpha.comSilver Spike Investment Q4: This Cannabis BDC Looks Poised For GrowthMarch 29, 2024 | finance.yahoo.comQ4 2023 Silver Spike Investment Corp Earnings CallMarch 28, 2024 | msn.comCannabis Finance Company Silver Spike Announces Solid 2023 GainsMarch 27, 2024 | globenewswire.comSilver Spike Investment Corp. Reports Fiscal Year End 2023 Financial ResultsMarch 27, 2024 | benzinga.comEarnings Outlook For Silver Spike InvestmentMarch 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 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 ResultsSee 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 3/28 Dividend3/19/2024Dividend Payable3/28/2024Last Earnings5/09/2024Today5/14/2024Ex-Dividend for 6/28 Dividend6/20/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry N/A Sub-IndustryN/A Current SymbolNASDAQ:SSIC CUSIPN/A CIK1843162 Webwww.silverspikecap.com 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-22.7%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.87 Trailing P/E Ratio13.08 Forward P/E Ratio24.74 P/E GrowthN/ANet Income$7.34 million Net Margins44.98% Pretax Margin55.55% Return on Equity5.91% Return on Assets5.77% Debt Debt-to-Equity RatioN/A Current Ratio29.27 Quick Ratio29.27 Sales & Book Value Annual Sales$11.93 million Price / Sales5.92 Cash Flow$0.94 per share Price / Cash Flow12.07 Book Value$13.77 per share Price / Book0.83Miscellaneous Outstanding Shares6,210,000Free Float1,695,000Market Cap$70.67 million OptionableNot Optionable Beta0.28 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Scott Charles 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 CompetitorsMoneyHeroNASDAQ:MNYBank of South CarolinaNASDAQ:BKSCOld Point FinancialNASDAQ:OPOFThe Gabelli Convertible and Income Securities FundNYSE:GCVTerritorial BancorpNASDAQ:TBNKView All CompetitorsInstitutional OwnershipO Shaughnessy Asset Management LLCBought 12,446 shares on 5/13/2024Ownership: 0.200%View All Institutional Transactions 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 expect the company's stock price to reach $8.80 in the next year. This suggests that the stock has a possible downside of 23.1%. 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 at the start of the year. Since then, SSIC shares have increased by 35.5% and is now trading at $11.44. View the best growth stocks for 2024 here. When is Silver Spike Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our SSIC earnings forecast. How were Silver Spike Investment's earnings last quarter? Silver Spike Investment Corp. (NASDAQ:SSIC) announced its quarterly earnings data on Thursday, May, 9th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.09. The firm earned $2.76 million during the quarter, compared to the consensus estimate of $2.38 million. Silver Spike Investment had a net margin of 44.98% and a trailing twelve-month return on equity of 5.91%. During the same period in the prior year, the business earned $0.22 earnings per share. How often does Silver Spike Investment pay dividends? What is the dividend yield for Silver Spike Investment? Silver Spike Investment declared a quarterly dividend on Thursday, May 9th. Shareholders of record on Thursday, June 20th will be paid a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a yield of 8.74%. The ex-dividend date of this dividend is Thursday, June 20th. 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 8.85%. SSIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.94%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 2.75% of its portfolio. When did Silver Spike Investment IPO? Silver Spike Investment (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 acted as the underwriters for the IPO and Canaccord Genuity and Cantor were co-managers. 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 O Shaughnessy Asset Management LLC (0.20%). 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 5/14/2024 by MarketBeat.com Staff From Our PartnersDid Intel Just Dethrone Nvidia?Chaikin AnalyticsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCharles Payne Demystifies OptionsUnstoppable ProsperityThe only AI company you should be looking atBehind the MarketsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap SniperElon to Transform U.S. Economy? Porter & Company 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. 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