Solar Senior Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The Company's investment objective is to seek to maximize current income consistent with the preservation of capital. The Company seeks to achieve its investment objective by directly and indirectly investing in senior loans, including first lien, unitranche, and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade, which it refers to collectively as senior loans. It may also invest in debt of public companies that are thinly traded or in equity securities. Under normal market conditions, at least 80% of the value of its net assets (including the amount of any borrowings for investment purposes) will be invested in senior loans. It invests in privately held the United States middle-market companies. Its investment activities are managed by Solar Capital Partners, LLC (Solar Capital Partners or the Investment Advisor).
Industry, Sector and Symbol
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNASDAQ:SUNS
CUSIP83416M10
Phone212-993-1670
Debt
Debt-to-Equity RatioN/A
Current Ratio0.43
Quick Ratio0.43
Price-To-Earnings
Trailing P/E Ratio12.05
Forward P/E Ratio12.29
P/E Growth2.38
Sales & Book Value
Annual Sales$32.17 million
Price / Sales8.58
Cash Flow$1.4539 per share
Price / Cash11.83
Book Value$16.85 per share
Price / Book1.02
Profitability
EPS (Most Recent Fiscal Year)$1.41
Net Income$23.38 million
Net Margins67.60%
Return on Equity8.38%
Return on Assets4.42%
Miscellaneous
EmployeesN/A
Outstanding Shares16,040,000
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 Thursday, June 7th. Stockholders of record on Thursday, June 21st will be paid a dividend of $0.1175 per share on Tuesday, July 3rd. This represents a $1.41 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date of this dividend is Wednesday, June 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) issued its quarterly earnings results on Monday, May, 7th. The asset manager reported $0.35 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.35. The asset manager had revenue of $9.34 million for the quarter, compared to analysts' expectations of $9.54 million. Solar Senior Capital had a net margin of 67.60% and a return on equity of 8.38%. View Solar Senior Capital's Earnings History.
When is Solar Senior Capital's next earnings date?
Who are some of Solar Senior Capital's key competitors?
Some companies that are related to Solar Senior Capital include Alliance World Dollar Government Fund II (AWF), General American Investors (GAM), Solar Capital (SLRC), Tekla Healthcare Investors (HQH), Blackrock Muniyield Insured Fund (MYI), Templeton Global Income Fund, Inc. Common Stock (GIM), Goldman Sachs BDC (GSBD), Invesco Van Kampen Munpl Oprtnty Tr (VMO), Templeton Dragon Fund Inc common stock (TDF), John Hancock Financial Opprts Fund (BTO), The India Fund, Inc. Common Stock (IFN), Invesco Van Kmpn Trst Fr Invst Grd Mncpl (VGM), Invesco Municipal Trust (VKQ), Blackrock Muniyield Fund (MYD) and BlackRock Debt Strategies Fund (DSU).
Who are Solar Senior Capital's key executives?
Solar Senior Capital's management team includes the folowing people:
- Michael S. Gross, Chairman of the Board, President, Chief Executive Officer (Age 55)
- Richard L. Peteka, Chief Financial Officer, Treasurer, Secretary (Age 55)
- Bruce J. Spohler, Chief Operating Officer, Director (Age 56)
- Guy F. Talarico, Chief Compliance Officer (Age 61)
- Steven Hochberg, Independent Director (Age 55)
- Leonard A. Potter, Independent Director (Age 55)
- David S. Wachter, Independent Director (Age 53)
Has Solar Senior Capital been receiving favorable news coverage?
Media stories about SUNS stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Solar Senior Capital earned a news impact score of 0.06 on Accern's scale. They also gave media coverage about the asset manager an impact score of 47.61 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Solar Senior Capital's major shareholders?
Solar Senior Capital's stock is owned by a number of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (4.06%), Muzinich & Co. Inc. (2.23%), Guggenheim Capital LLC (1.95%), UBS Group AG (1.93%), Clear Harbor Asset Management LLC (0.65%) and BlackRock Inc. (0.55%). 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 major investors are selling Solar Senior Capital stock?
SUNS stock was sold by a variety of institutional investors in the last quarter, including Muzinich & Co. Inc., UBS Group AG, Clear Harbor Asset Management LLC, Guggenheim Capital LLC, BlackRock Inc., Millennium Management LLC and PVG Asset Management Corp. View Insider Buying and Selling for Solar Senior Capital.
Which major 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., Resource America Inc., Wells Fargo & Company MN and Stratos Wealth Partners LTD.. 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 $17.20.
How big of a company is Solar Senior Capital?
Solar Senior Capital has a market capitalization of $267.55 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.
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 (SUNS)
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.
