Fifth Street Asset Management Stock Price, News & Analysis (OTCMKTS:FSAM)

$4.10 0.00 (0.00 %)
(As of 11/20/2017 01:05 AM ET)
Previous Close$4.10
Today's Range$4.11 - $4.09
52-Week Range$3.35 - $8.45
Volume170,367 shs
Average Volume150,523 shs
Market Capitalization$204.73 million
P/E Ratio10.79
Dividend Yield6.10%
Beta0.35

About Fifth Street Asset Management (OTCMKTS:FSAM)

Fifth Street Asset Management logoFifth Street Asset Management Inc. is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs). Its segment provides asset management services to the Fifth Street Funds. The Company conducts all of its operations through its subsidiaries, Fifth Street Management LLC (FSM), Fifth Street CLO Management LLC (CLO Management) and FSCO GP LLC (FSCO GP). The funds, managed by the Company, provide financing solutions to small and mid-sized companies across their capital structures, mainly in connection with investments by private equity sponsors. It provides credit solutions across the capital structure, including one-stop financing, unitranche debt, senior secured debt, mezzanine debt, equity co-investments and venture debt financing.


Industry, Sector and Symbol:
  • Industry: Investment Management
  • Sub-Industry: N/A
  • Sector: Finance
  • Symbol: OTCMKTS:FSAM
  • Previous Symbol: NASDAQ:FSAM
  • CUSIP: N/A
  • Web: www.fifthstreetfinance.com
Debt:
  • Debt-to-Equity Ratio: -0.06%
  • Current Ratio: 0.18%
  • Quick Ratio: 0.15%
Price-To-Earnings:
  • Trailing P/E Ratio: 10.79
Sales & Book Value:
  • Annual Sales: $82.55 million
  • Price / Sales: 2.48
  • Cash Flow: $1.01 per share
  • Price / Cash: 4.05
  • Book Value: ($0.67) per share
  • Price / Book: -6.12
Dividend:
  • Annual Dividend: $0.25
  • Dividend Yield: 6.1%
Profitability:
  • Trailing EPS: ($0.14)
  • Net Income: ($1,530,000.00)
  • Net Margins: -20.92%
  • Return on Equity: -399.09%
  • Return on Assets: -2.71%
Misc:
  • Employees: 50
  • Outstanding Shares: 49,930,000
 

Frequently Asked Questions for Fifth Street Asset Management (OTCMKTS:FSAM)

What is Fifth Street Asset Management's stock symbol?

Fifth Street Asset Management trades on the OTCMKTS under the ticker symbol "FSAM."

How often does Fifth Street Asset Management pay dividends? What is the dividend yield for Fifth Street Asset Management?

Fifth Street Asset Management declared a quarterly dividend on Tuesday, March 21st. Shareholders of record on Friday, March 31st will be given a dividend of $0.125 per share on Friday, April 14th. This represents a $0.50 dividend on an annualized basis and a yield of 12.20%. The ex-dividend date is Wednesday, March 29th. View Fifth Street Asset Management's Dividend History.

How will Fifth Street Asset Management's stock buyback program work?

Fifth Street Asset Management declared that its Board of Directors has initiated a stock repurchase program on Wednesday, November 15th 2017, which authorizes the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

How were Fifth Street Asset Management's earnings last quarter?

Fifth Street Asset Management Inc. (OTCMKTS:FSAM) released its quarterly earnings data on Monday, May, 15th. The asset manager reported $0.10 EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.02. The asset manager had revenue of $15.64 million for the quarter. Fifth Street Asset Management had a negative return on equity of 399.09% and a negative net margin of 20.92%. View Fifth Street Asset Management's Earnings History.

When will Fifth Street Asset Management make its next earnings announcement?

Fifth Street Asset Management is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Fifth Street Asset Management.

Who are some of Fifth Street Asset Management's key competitors?

Who are Fifth Street Asset Management's key executives?

Fifth Street Asset Management's management team includes the folowing people:

  • David H. Harrison, Executive Vice President, Secretary (Age 42)
  • Ivelin M. Dimitrov, Chief Investment Officer (Age 37)
  • Leonard M. Tannenbaum, Chairman of the Board, Chief Executive Officer (Age 43)
  • Bernard D. Berman, Co-President, Chief Compliance Officer, Director (Age 46)
  • Thomas L. Harrison, Lead Independent Director (Age 69)
  • Michael W. Arthur, Director (Age 75)
  • Alexander C. Frank, Director (Age 57)
  • Thomas R. Brandt, Independent Director (Age 51)
  • James F Velgot, Independent Director

Who owns Fifth Street Asset Management stock?

Fifth Street Asset Management's stock is owned by many different of retail and institutional investors. Top institutional shareholders include TANNENBAUM LEONARD M (57.10%), TANNENBAUM LEONARD M (51.80%), BERMAN BERNARD D (11.80%), BERMAN BERNARD D (10.40%), Hotchkis & Wiley Capital Management LLC (1.08%) and JPMorgan Chase & Co. (0.09%). Company insiders that own Fifth Street Asset Management stock include David Einhorn, Mangrove Partners Fund (Cayman, Mangrove Partners Master Fund, and Nathaniel H August. View Institutional Ownership Trends for Fifth Street Asset Management.

Who sold Fifth Street Asset Management stock? Who is selling Fifth Street Asset Management stock?

Fifth Street Asset Management's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co.. View Insider Buying and Selling for Fifth Street Asset Management.

Who bought Fifth Street Asset Management stock? Who is buying Fifth Street Asset Management stock?

Fifth Street Asset Management's stock was acquired by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC. View Insider Buying and Selling for Fifth Street Asset Management.

How do I buy Fifth Street Asset Management stock?

Shares of Fifth Street Asset Management 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 Fifth Street Asset Management's stock price today?

One share of Fifth Street Asset Management stock can currently be purchased for approximately $4.10.

How big of a company is Fifth Street Asset Management?

Fifth Street Asset Management has a market capitalization of $204.73 million and generates $82.55 million in revenue each year. The asset manager earns ($1,530,000.00) in net income (profit) each year or ($0.14) on an earnings per share basis. Fifth Street Asset Management employs 50 workers across the globe.

How can I contact Fifth Street Asset Management?

Fifth Street Asset Management's mailing address is 777 WEST PUTNAM AVENUE 3RD FLOOR, GREENWICH CT, 06830. The asset manager can be reached via phone at 203-681-3600 or via email at [email protected]


MarketBeat Community Rating for Fifth Street Asset Management (OTCMKTS FSAM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  127 (Vote Underperform)
Total Votes:  230
MarketBeat's community ratings are surveys of what our community members think about Fifth Street Asset Management and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Fifth Street Asset Management (OTCMKTS:FSAM)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Fifth Street Asset Management (OTCMKTS:FSAM)

Price Target History for Fifth Street Asset Management (OTCMKTS:FSAM)

Analysts' Ratings History for Fifth Street Asset Management (OTCMKTS:FSAM)

Show:
DateFirmActionRatingPrice TargetDetails
11/7/2016Credit Suisse GroupReiterated RatingHold$4.00View Rating Details
8/25/2016Deutsche Bank AGBoost Price TargetBuy$5.00 -> $6.25View Rating Details
11/25/2015FBR & CoLower Price TargetMarket Perform$8.50 -> $7.00View Rating Details
(Data available from 11/20/2015 forward)

Earnings

Earnings History and Estimates Chart for Fifth Street Asset Management (OTCMKTS:FSAM)

Earnings by Quarter for Fifth Street Asset Management (OTCMKTS:FSAM)

Earnings History by Quarter for Fifth Street Asset Management (OTCMKTS FSAM)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/20/2017Q3 2017$0.11$0.09N/AView Earnings Details
5/15/2017Q1$0.12$0.10$15.64 millionViewN/AView Earnings Details
3/21/2017Q4 2016$0.14$0.14$17.89 millionViewN/AView Earnings Details
11/21/2016Q3 2016$0.15$0.20$21.80 million$22.50 millionViewListenView Earnings Details
8/15/2016Q2$0.12$0.20$21.40 million$23.15 millionViewListenView Earnings Details
5/16/2016Q1$0.14$0.12$26.28 million$19.05 millionViewListenView Earnings Details
3/17/2016Q315$0.17$0.18$24.71 million$22.90 millionViewListenView Earnings Details
11/23/2015Q3$0.19$0.18$25.61 million$24.96 millionViewListenView Earnings Details
8/13/2015Q2$0.19$0.19$26.20 million$24.20 millionViewListenView Earnings Details
5/15/2015Q115$0.23$0.19$30.75 million$24.87 millionViewListenView Earnings Details
3/30/2015Q414$0.25$0.26$27.68 million$30.34 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fifth Street Asset Management (OTCMKTS:FSAM)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Fifth Street Asset Management (OTCMKTS:FSAM)

Most Recent Dividend:4/14/2017
Annual Dividend:$0.25
Dividend Yield:6.10%
Payout Ratio:-178.57% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Fifth Street Asset Management (OTCMKTS:FSAM)

Dividend History by Quarter for Fifth Street Asset Management (OTCMKTS FSAM)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/21/2017Quarterly$0.1310.53%3/29/20173/31/20174/14/2017
12/5/2016Quarterly$0.1312/28/201612/30/20161/13/2017
8/24/2016Quarterly$0.109/28/20169/30/201610/14/2016
6/6/2016Quarterly$0.106/28/20166/30/20167/15/2016
3/14/2016Quarterly$0.103/29/20163/31/20164/15/2016
11/25/2015Quarterly$0.1712/29/201512/31/20151/15/2016
8/13/2015$0.179/28/20159/30/201510/15/2015
5/18/2015quarterly$0.177.77%6/26/20156/30/20157/15/2015
1/22/2015special$0.303/27/20153/31/20154/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fifth Street Asset Management (OTCMKTS FSAM)

Insider Ownership Percentage: 85.40%
Institutional Ownership Percentage: 8.58%
Insider Trades by Quarter for Fifth Street Asset Management (OTCMKTS:FSAM)
Insider Trades by Quarter for Fifth Street Asset Management (OTCMKTS:FSAM)

Insider Trades by Quarter for Fifth Street Asset Management (OTCMKTS FSAM)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Nathaniel H AugustDirectorSell440,408$5.13$2,259,293.04View SEC Filing  
8/26/2016Mangrove Partners Fund (CaymanMajor ShareholderSell215,478$5.07$1,092,473.46View SEC Filing  
8/24/2016Mangrove Partners Fund (CaymanMajor ShareholderSell17,232$5.12$88,227.84View SEC Filing  
8/22/2016Mangrove Partners Fund (CaymanMajor ShareholderSell3,620$5.01$18,136.20View SEC Filing  
2/22/2016David EinhornMajor ShareholderSell250,000$3.41$852,500.00View SEC Filing  
1/15/2016Mangrove Partners Master Fund,Major ShareholderBuy196,531$2.44$479,535.64View SEC Filing  
9/3/2015Mark Jeffrey GordonDirectorBuy2,000$7.98$15,960.00View SEC Filing  
5/21/2015Mark Jeffrey GordonDirectorBuy2,000$9.48$18,960.00View SEC Filing  
3/6/2015Financial Managem PhiladelphiaMajor ShareholderSell17,086$12.29$209,986.94View SEC Filing  
11/4/2014Todd OwensInsiderBuy100,000$17.00$1,700,000.00View SEC Filing  
11/4/2014Wayne CooperDirectorBuy10,000$17.00$170,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fifth Street Asset Management (OTCMKTS FSAM)

Source:
DateHeadline
Financial Contrast: Fifth Street Asset Management (FSAM) and The CompetitionFinancial Contrast: Fifth Street Asset Management (FSAM) and The Competition
www.americanbankingnews.com - November 18 at 11:14 AM
Comparing Medley Management (MDLY) & Fifth Street Asset Management (FSAM)Comparing Medley Management (MDLY) & Fifth Street Asset Management (FSAM)
www.americanbankingnews.com - November 17 at 2:44 PM
Fifth Street Asset Management (FSAM) to Buyback $20.00 million in   SharesFifth Street Asset Management (FSAM) to Buyback $20.00 million in Shares
www.americanbankingnews.com - November 15 at 12:38 PM
Cohen & Steers (CNS) & Fifth Street Asset Management (FSAM) Financial AnalysisCohen & Steers (CNS) & Fifth Street Asset Management (FSAM) Financial Analysis
www.americanbankingnews.com - November 15 at 7:14 AM

Social Media

Financials

Chart

Fifth Street Asset Management (OTCMKTS FSAM) Chart for Monday, November, 20, 2017
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This page was last updated on 11/20/2017 by MarketBeat.com Staff

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