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

$18.11
+0.07 (+0.39 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$17.92
Now: $18.11
$18.16
50-Day Range
$17.42
MA: $17.80
$18.22
52-Week Range
$14.50
Now: $18.11
$18.29
Volume41,400 shs
Average Volume35,700 shs
Market Capitalization$290.57 million
P/E Ratio12.84
Dividend Yield7.82%
Beta0.59
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$39.81 million
Cash Flow$1.42 per share
Book Value$16.30 per share

Profitability

Net Income$13.81 million

Miscellaneous

EmployeesN/A
Market Cap$290.57 million
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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 Friday, December 6th. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.1175 per share on Friday, January 3rd. This represents a $1.41 dividend on an annualized basis and a dividend yield of 7.79%. The ex-dividend date of this dividend is Wednesday, December 18th. This is an increase 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) issued its quarterly earnings data on Monday, November, 4th. The asset manager reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The asset manager earned $10.40 million during the quarter, compared to the consensus estimate of $10.89 million. Solar Senior Capital had a net margin of 35.72% and a return on equity of 8.59%. 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 20th 2020. View Earnings Estimates for Solar Senior Capital.

What price target have analysts set for SUNS?

1 brokers have issued 12-month price objectives for Solar Senior Capital's stock. Their forecasts range from $19.00 to $19.00. On average, they expect Solar Senior Capital's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 4.9% 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. " (10/10/2019)
  • 2. Maxim Group analysts commented, "2Q19 net investment income (NII) of $0.35/share matched SUNS’ $0.35 dividend, with help from the waiver of $0.06 of management and incentive fees. NAV per share was stable (down 0.4%). Our price target of $18.50 equates to 1.13x NAV (same as previously), inline with best-in-class BDCs. SUNS is our top BDC pick, especially for retail investors, based on its track record and its credit risk profile." (8/8/2019)

Has Solar Senior Capital been receiving favorable news coverage?

News articles about SUNS stock have trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of 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 -5 to 5, with scores closest to five being the most favorable. Solar Senior Capital earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Solar Senior Capital.

Are investors shorting Solar Senior Capital?

Solar Senior Capital saw a decrease in short interest during the month of November. As of November 29th, there was short interest totalling 53,300 shares, a decrease of 8.9% from the November 14th total of 58,500 shares. Based on an average daily trading volume, of 37,900 shares, the short-interest ratio is presently 1.4 days. Currently, 0.4% of the shares of the stock are short sold. View Solar Senior Capital's Current Options Chain.

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

What other stocks do shareholders of Solar Senior Capital own?

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 57)
  • Mr. Bruce John Spohler, Chief Operating Officer (Age 58)
  • Mr. Richard L. Peteka, Treasurer, Sec. & CFO (Age 57)
  • Mr. Richard R. Pivirotto Jr., Investor Relations
  • Mr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 64)

Who are Solar Senior Capital's major shareholders?

Solar Senior Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.43%), California Public Employees Retirement System (0.12%), Millennium Management LLC (0.08%) and AllSquare Wealth Management LLC (0.07%). 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 California Public Employees Retirement System. 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 Millennium Management LLC, AllSquare Wealth Management LLC and Confluence Investment Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Solar Senior Capital's stock price today?

One share of SUNS stock can currently be purchased for approximately $18.11.

How big of a company is Solar Senior Capital?

Solar Senior Capital has a market capitalization of $290.57 million and generates $39.81 million in revenue each year. The asset manager earns $13.81 million in net income (profit) each year or $1.41 on an earnings per share basis. View Additional Information About Solar Senior Capital.

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:  2.3 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  480
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 12/14/2019 by MarketBeat.com Staff

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