NASDAQ:SUNSSolar Senior Capital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Solar Senior Capital Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.95 -0.22 (-1.67 %) (As of 05/25/2020 04:00 PM ET) Add Compare Share Today's Range$12.81Now: $12.95▼$13.2750-Day Range$9.48MA: $11.79▼$13.1752-Week Range$6.30Now: $12.95▼$18.29Volume31,105 shsAverage Volume53,647 shsMarket Capitalization$207.85 millionP/E RatioN/ADividend Yield9.27%Beta1.33 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingSolar Senior Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.00, Solar Senior Capital has a potential upside of 31.3% from its current price of $12.95.Amount of Analyst CoverageSolar Senior Capital has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesSolar Senior Capital has received 230 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSolar Senior Capital has received 275 “underperform” votes. (Add your “underperform” vote.)Community SentimentSolar Senior Capital has received 54.46% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipSolar Senior Capital is a leading dividend payer. It pays a dividend yield of 9.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSolar Senior Capital has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Solar Senior Capital is 85.11 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Solar Senior Capital will have a dividend payout ratio of 99.17 % in the coming year. This indicates that Solar Senior Capital may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Solar Senior Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.70% of the stock of Solar Senior Capital is held by insiders.Percentage Held by InstitutionsOnly 21.14% of the stock of Solar Senior Capital is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Solar Senior Capital are expected to decrease by -3.20% in the coming year, from $1.25 to $1.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Solar Senior Capital is -32.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Solar Senior Capital is -32.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSolar Senior Capital has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.62 out of 5 stars 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 CIK1508171 Webwww.solarseniorcap.com Phone212-993-1670Debt Debt-to-Equity Ratio0.73 Current Ratio1.11 Quick Ratio1.11Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio10.36 P/E GrowthN/A Sales & Book Value Annual Sales$40.09 million Price / Sales5.18 Cash Flow$1.41 per share Price / Cash Flow9.19 Book Value$16.32 per share Price / Book0.79Profitability EPS (Most Recent Fiscal Year)$1.41 Net Income$22.94 million Net Margins-16.84% Return on Equity8.87% Return on Assets3.76%Miscellaneous EmployeesN/A Outstanding Shares16,050,000Market Cap$207.85 million Next Earnings Date8/3/2020 (Estimated) OptionableOptionable NASDAQ:SUNS Rates by TradingView Receive SUNS News and Ratings via Email Sign-up to receive the latest news and ratings for SUNS and its competitors with MarketBeat's FREE daily newsletter. Solar Senior Capital (NASDAQ:SUNS) Frequently Asked Questions How has Solar Senior Capital's stock been impacted by COVID-19 (Coronavirus)? Solar Senior Capital's stock was trading at $15.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SUNS stock has decreased by 16.2% and is now trading at $12.95. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Solar Senior Capital? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solar Senior Capital in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Solar Senior Capital. When is Solar Senior Capital's next earnings date? Solar Senior Capital is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Solar Senior Capital. How were Solar Senior Capital's earnings last quarter? Solar Senior Capital Ltd (NASDAQ:SUNS) released its quarterly earnings data on Thursday, May, 7th. The asset manager reported $0.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35. The asset manager earned $8.78 million during the quarter, compared to analysts' expectations of $9.68 million. Solar Senior Capital had a negative net margin of 16.84% and a positive return on equity of 8.87%. View Solar Senior Capital's earnings history. 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 Thursday, May 7th. Investors of record on Friday, May 22nd will be paid a dividend of $0.10 per share on Tuesday, June 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Thursday, May 21st. View Solar Senior Capital's dividend history. What price target have analysts set for SUNS? 2 Wall Street analysts have issued 1-year price objectives for Solar Senior Capital's shares. Their forecasts range from $15.00 to $19.00. On average, they anticipate Solar Senior Capital's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price. View analysts' price targets 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. " (5/9/2020) 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? Media stories about SUNS stock have trended very positive recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Solar Senior Capital earned a news sentiment score of 4.0 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 news coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutSolar Senior Capital. Are investors shorting Solar Senior Capital? Solar Senior Capital saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 55,700 shares, an increase of 68.3% from the April 30th total of 33,100 shares. Based on an average trading volume of 81,300 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company's shares are short sold. View Solar Senior Capital's Current Options Chain. Who are some of Solar Senior Capital's key competitors? Some companies that are related to Solar Senior Capital include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Legg Mason (LM), Eaton Vance (EV), Invesco (IVZ), Cohen & Steers (CNS), Affiliated Managers Group (AMG) and Federated Investors (FII). View all 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), Ares Capital (ARCC), EPR Properties (EPR), Exxon Mobil (XOM), AbbVie (ABBV), Main Street Capital (MAIN), AGNC Investment (AGNC), Gladstone Investment (GAIN), Hercules Capital (HTGC) and Pennantpark Floating Rate Capital (PFLT). Who are Solar Senior Capital's key executives? Solar Senior Capital's management team includes the following 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 RelationsMr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 64) What is Solar Senior Capital's stock symbol? Solar Senior Capital trades on the NASDAQ under the ticker symbol "SUNS." Who are Solar Senior Capital's major shareholders? Solar Senior Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (4.25%), Advisors Asset Management Inc. (1.19%), Resource America Inc. (1.11%), Acadian Asset Management LLC (0.98%), Virtus ETF Advisers LLC (0.97%) and Advisor Group Holdings Inc. (0.59%). 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 UBS Group AG, Mackenzie Financial Corp, Virtus ETF Advisers LLC, Advisors Asset Management Inc., Wells Fargo & Company MN, and Confluence Investment Management LLC. View insider buying and selling activity for Solar Senior Capital. Which major investors are buying Solar Senior Capital stock? SUNS stock was purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Radcliffe Capital Management L.P., Legal & General Group Plc, Acadian Asset Management LLC, Resource America Inc., JPMorgan Chase & Co., Calton & Associates Inc., and Tower Research Capital LLC TRC . View insider buying and selling activity 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 $12.95. How big of a company is Solar Senior Capital? Solar Senior Capital has a market capitalization of $207.85 million and generates $40.09 million in revenue each year. The asset manager earns $22.94 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 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. This page was last updated on 5/25/2020 by MarketBeat.com Staff
