NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Price, News & Analysis $11.81 -0.19 (-1.58%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$11.33▼$11.9950-Day Range$11.22▼$12.3852-Week Range$7.29▼$12.45Volume5,503 shsAverage Volume12,982 shsMarket Capitalization$73.34 millionP/E Ratio13.57Dividend Yield8.47%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Silver Spike Investment alerts: Email Address Silver Spike Investment MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.35% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 2 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.2.25 out of 5 starsFinance Sector616th out of 898 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Silver Spike Investment.Read more about Silver Spike Investment's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.35% 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 2.2, 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 2.68%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipSilver Spike Investment is a leading dividend payer. It pays a dividend yield of 8.44%, 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 2.7 News and Social Media Coverage News SentimentSilver Spike Investment has a news sentiment score of 0.94. 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 higher news sentiment than the 0.49 average news sentiment score 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. 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 Insiders72.72% 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 13.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Silver Spike Investment is 13.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.89.Price to Book Value per Share RatioSilver Spike Investment has a P/B Ratio of 0.86. 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 Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here 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 HeadlinesJuly 24 at 5:00 PM | globenewswire.comSilver Spike Investment Corp. Announces Second Quarter 2024 Financial Results Conference CallJune 21, 2024 | investorplace.com3 Hypergrowth Stocks That You Want to Be Early OnJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 13, 2024 | finance.yahoo.comSilver Spike Investment Corp (SSIC) Q1 2024 Earnings Call Transcript Highlights: Navigating ...May 11, 2024 | 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 GrowthJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.March 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 SpikeSee 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 Last Earnings5/09/2024Ex-Dividend for 6/28 Dividend6/20/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)8/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry N/A Sub-IndustryN/A Current SymbolNASDAQ:SSIC CUSIPN/A CIK1843162 Webwww.silverspikecap.com Phone212-905-4923FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.87 Trailing P/E Ratio13.57 Forward P/E RatioN/A P/E GrowthN/ANet Income$7.34 million Net Margins44.98% Pretax Margin42.32% Return on Equity5.96% Return on Assets5.76% Debt Debt-to-Equity RatioN/A Current Ratio15.48 Quick Ratio15.48 Sales & Book Value Annual Sales$11.93 million Price / Sales6.15 Cash Flow$0.93 per share Price / Cash Flow12.66 Book Value$13.77 per share Price / Book0.86Miscellaneous Outstanding Shares6,210,000Free Float1,695,000Market Cap$73.34 million OptionableNot Optionable Beta0.29 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.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 CompetitorsFirst BankNASDAQ:FRBANuveen California Municipal Value FundNYSE:NCALexinFintechNASDAQ:LXPutnam Managed Municipal Income TrustNYSE:PMMSouthern States BancsharesNASDAQ:SSBKView 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 How have SSIC shares performed this year? Silver Spike Investment's stock was trading at $8.44 at the beginning of the year. Since then, SSIC stock has increased by 39.9% and is now trading at $11.81. View the best growth stocks for 2024 here. How were Silver Spike Investment's earnings last quarter? Silver Spike Investment Corp. (NASDAQ:SSIC) issued 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 business earned $2.76 million during the quarter, compared to analyst estimates of $2.38 million. Silver Spike Investment had a trailing twelve-month return on equity of 5.96% and a net margin of 44.98%. 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 acted 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. 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