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

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$17.02 -0.08 (-0.47 %)
(As of 03/18/2019 11:26 AM ET)
Previous Close$17.10
Today's Range$17.02 - $17.10
52-Week Range$14.50 - $17.40
Volume16,875 shs
Average Volume42,453 shs
Market Capitalization$273.00 million
P/E Ratio12.07
Dividend Yield8.27%
Beta0.6
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

Industry Asset Management
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$1.4031 per share
Book Value$16.30 per share

Profitability

Net Income$13.81 million

Miscellaneous

EmployeesN/A
Market Cap$273.00 million
Next Earnings Date5/6/2019 (Estimated)
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 declared a monthly dividend on Friday, February 22nd. Investors of record on Thursday, March 21st will be given a dividend of $0.1175 per share on Wednesday, April 3rd. This represents a $1.41 dividend on an annualized basis and a dividend yield of 8.28%. The ex-dividend date is Wednesday, March 20th. 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 results on Thursday, February, 21st. The asset manager reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.02. The asset manager earned $9.98 million during the quarter, compared to analyst estimates of $10.10 million. Solar Senior Capital had a net margin of 34.70% and a return on equity of 8.45%. 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 Monday, May 6th 2019. View Earnings Estimates for Solar Senior Capital.

What price target have analysts set for SUNS?

1 analysts have issued twelve-month price objectives 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 year. This suggests a possible upside of 8.7% 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. " (3/16/2019)
  • 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?

Media stories about SUNS stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Solar Senior Capital earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

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

What other stocks do shareholders of Solar Senior Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Solar Senior Capital investors own include AT&T (T), Prospect Capital (PSEC), Omega Healthcare Investors (OHI), EPR Properties (EPR), BlackRock TCP Capital (TCPC), Exxon Mobil (XOM), Ares Capital (ARCC), General Electric (GE), Main Street Capital (MAIN) and Blackstone Group (BX).

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 investors include B. Riley Wealth Management Inc. (1.73%), Advisors Asset Management Inc. (1.71%), Acadian Asset Management LLC (1.06%), BlackRock Inc. (0.42%), Two Sigma Advisers LP (0.30%) and Two Sigma Investments LP (0.26%). 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 Advisors Asset Management Inc., Acadian Asset Management LLC, BlackRock Inc. and Menlo Advisors LLC. View Insider Buying and Selling for Solar Senior Capital.

Which institutional investors are buying Solar Senior Capital stock?

SUNS stock was bought by a variety of institutional investors in the last quarter, including B. Riley Wealth Management Inc., Two Sigma Investments LP, IFP Advisors Inc, Two Sigma Advisers LP and Advisor Group Inc.. 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 $17.02.

How big of a company is Solar Senior Capital?

Solar Senior Capital has a market capitalization of $273.00 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.

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:  197 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  418
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 3/18/2019 by MarketBeat.com Staff

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