NASDAQ:SUNS - Solar Senior Capital Stock Price, News, & Analysis

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$15.66 -0.21 (-1.32 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$15.87
Today's Range$15.65 - $15.85
52-Week Range$15.65 - $18.40
Volume42,245 shs
Average Volume36,988 shs
Market Capitalization$255.20 million
P/E Ratio11.11
Dividend Yield8.86%
Beta0.56
Solar Senior Capital Ltd. is a business development company specializing in investments in leveraged, middle-market companies in the United States. The fund invests in the form of senior secured loans, including first lien, unitranche, and second lien debt instruments. It does not invest in start-up companies or companies having speculative business plans. The fund prefers debt investments between $5 million and $30 million in companies with EBITDA between $20 million and $60 million.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:SUNS
Previous Symbol
CUSIP83416M10
Phone212-993-1670

Debt

Debt-to-Equity Ratio0.17
Current Ratio0.11
Quick Ratio0.11

Price-To-Earnings

Trailing P/E Ratio11.11
Forward P/E Ratio11.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$32.17 million
Price / Sales7.81
Cash Flow$1.3871 per share
Price / Cash11.29
Book Value$16.85 per share
Price / Book0.93

Profitability

EPS (Most Recent Fiscal Year)$1.41
Net Income$23.38 million
Net Margins58.33%
Return on Equity8.41%
Return on Assets4.34%

Miscellaneous

EmployeesN/A
Outstanding Shares16,040,000
Market Cap$255.20 million
OptionableOptionable

Solar Senior Capital (NASDAQ:SUNS) Frequently Asked Questions

What is Solar Senior Capital's stock symbol?

Solar Senior Capital trades on the NASDAQ under the ticker symbol "SUNS."

How often does Solar Senior Capital pay dividends? What is the dividend yield for Solar Senior Capital?

Solar Senior Capital announced a monthly dividend on Tuesday, November 6th. Investors of record on Wednesday, November 21st will be paid a dividend of $0.1175 per share on Tuesday, December 4th. This represents a $1.41 dividend on an annualized basis and a yield of 9.00%. The ex-dividend date of this dividend is Tuesday, November 20th. This is a positive change from Solar Senior Capital's previous monthly dividend of $0.12. View Solar Senior Capital's Dividend History.

How were Solar Senior Capital's earnings last quarter?

Solar Senior Capital Ltd (NASDAQ:SUNS) released its quarterly earnings data on Monday, November, 5th. The asset manager reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. The asset manager earned $11.01 million during the quarter, compared to the consensus estimate of $10.10 million. Solar Senior Capital had a return on equity of 8.41% and a net margin of 58.33%. View Solar Senior Capital's Earnings History.

When is Solar Senior Capital's next earnings date?

Solar Senior Capital is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Solar Senior Capital.

What price target have analysts set for SUNS?

1 analysts have issued 1-year target prices for Solar Senior Capital's shares. Their forecasts range from $18.50 to $18.50. On average, they anticipate Solar Senior Capital's stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price. View Analyst Price Targets for Solar Senior Capital.

What is the consensus analysts' recommendation for Solar Senior Capital?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solar Senior Capital in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Solar Senior Capital.

What are Wall Street analysts saying about Solar Senior Capital stock?

Here are some recent quotes from research analysts about Solar Senior Capital stock:
  • 1. According to Zacks Investment Research, "Solar Senior Capital Ltd. operates as a business development company under the Investment Company Act of 1940. The Company invests primarily in senior secured loans, including first lien, unitranche and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade. " (11/16/2018)
  • 2. Maxim Group analysts commented, "2Q18 net investment income (NII) of $0.35/share matched its $0.35 dividend. With: (1) asset-based lending comprising nearly 40% of SUNS’ comprehensive investment portfolio, (2) low leverage, and (3) 94% floating-rate loans, SUNS appears to be very well-positioned for the current environment. We lower our 2018 EPS estimate to $1.39, from $1.41, because 2Q18 results came in $0.01 below our estimate (and because of rounding). Our unchanged price target of $18.50 equates to 1.1x NAV, inline with best-in-class BDCs. SUNS is our top BDC pick, especially for retail investors, based on its credit risk profile and its interest rate risk profile." (8/7/2018)

Has Solar Senior Capital been receiving favorable news coverage?

News articles about SUNS stock have trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Solar Senior Capital earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Solar Senior Capital's key competitors?

Who are Solar Senior Capital's key executives?

Solar Senior Capital's management team includes the folowing people:
  • Mr. Michael S. Gross, Chairman, Pres & CEO (Age 56)
  • Mr. Bruce J. Spohler, Chief Operating Officer (Age 57)
  • Mr. Richard L. Peteka, Treasurer, Sec. & CFO (Age 56)
  • Mr. Richard R. Pivirotto Jr., Investor Relations
  • Mr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 63)

Who are Solar Senior Capital's major shareholders?

Solar Senior Capital's stock is owned by a variety of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.06%), JPMorgan Chase & Co. (5.06%), Advisors Asset Management Inc. (1.88%), Resource America Inc. (0.70%), Clear Harbor Asset Management LLC (0.56%) and Mackenzie Financial Corp (0.43%). Company insiders that own Solar Senior Capital stock include Bruce J Spohler and Michael S Gross. View Institutional Ownership Trends for Solar Senior Capital.

Which institutional investors are selling Solar Senior Capital stock?

SUNS stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Advisors Asset Management Inc., Blair William & Co. IL and Clear Harbor Asset Management LLC. View Insider Buying and Selling for Solar Senior Capital.

Which institutional investors are buying Solar Senior Capital stock?

SUNS stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Resource America Inc., Mackenzie Financial Corp, Stratos Wealth Partners LTD. and Nisa Investment Advisors LLC. Company insiders that have bought Solar Senior Capital stock in the last two years include Bruce J Spohler and Michael S Gross. View Insider Buying and Selling for Solar Senior Capital.

How do I buy shares of Solar Senior Capital?

Shares of SUNS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Solar Senior Capital's stock price today?

One share of SUNS stock can currently be purchased for approximately $15.66.

How big of a company is Solar Senior Capital?

Solar Senior Capital has a market capitalization of $255.20 million and generates $32.17 million in revenue each year. The asset manager earns $23.38 million in net income (profit) each year or $1.41 on an earnings per share basis.

What is Solar Senior Capital's official website?

The official website for Solar Senior Capital is http://www.solarseniorcap.com.

How can I contact Solar Senior Capital?

Solar Senior Capital's mailing address is 500 Park Avenue, New York NY, 10022. The asset manager can be reached via phone at 212-993-1670.


MarketBeat Community Rating for Solar Senior Capital (NASDAQ SUNS)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  388
MarketBeat's community ratings are surveys of what our community members think about Solar Senior Capital and other stocks. Vote "Outperform" if you believe SUNS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SUNS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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