Summary
5.26 -0.03(-0.47%)10/04/2024
Prospect Capital Corp (PSEC)
Prospect Capital Corp (PSEC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.47 | -0.76 | 0.67 | -4.45 | -3.31 | -10.78 | 14.64 | 157.00 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 5.26 | |
| Open | 5.28 | |
| High | 5.32 | |
| Low | 5.24 | |
| Volume | 1,933,993 | |
| Change | -0.03 | |
| Change % | -0.47 | |
| Avg Volume (20 Days) | 2,210,575 | |
| Volume/Avg Volume (20 Days) Ratio | 0.87 | |
| 52 Week Range | 4.69 - 6.30 | |
| Price vs 52 Week High | -16.59% | |
| Price vs 52 Week Low | 12.05% | |
| Range | -0.47 | |
| Gap Up/Down | 0.00 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,265 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 1.5900 | |
| WallStreet Target Price | 5.50 | |
| Book Value | 8.9240 | |
| Earnings Per Share | -0.2000 | |
| EPS Estimate Current Quarter | 0.2000 | |
| EPS Estimate Next Quarter | 0.1900 | |
| EPS Estimate Current Year | 0.8200 | |
| EPS Estimate Next Year | 0.7200 | |
| Diluted EPS (TTM) | -0.2000 | |
| Revenues | ||
| Profit Marging | 0.0084 | |
| Operating Marging (TTM) | 0.6493 | |
| Return on asset (TTM) | 0.0474 | |
| Return on equity (TTM) | 0.0014 | |
| Revenue TTM | 883,809,984 | |
| Revenue per share TTM | 2.1830 | |
| Quarterly Revenue Growth (YOY) | -0.0090 | |
| Quarterly Earnings Growth (YOY) | -0.7820 | |
| Gross Profit (TTM) | 852,213,000 | |
| Dividends | ||
| Dividend Share | 0.7200 | |
| Dividend Yield | 0.1379 | |
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.6075 | |
| Revenue Enterprise Value | 75.2051 | |
| EBITDA Enterprise Value | 9.4208 | |
| Shares | ||
| Shares Outstanding | 417,758,016 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.07 | |
| Insider (%) | 26.69 | |
| Institutions (%) | 10.11 | |
10/03 07:00 EST - globenewswire.com
Prospect Capital Celebrates its 20th Anniversary as a Leading Provider of Private Debt and Equity to U.S. Middle-Market Companies with Over $20 Billion Invested and More than 300 Portfolio Company Exits
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced Prospect has surpassed its 20th anniversary as one of the largest ($7.9 billion in total assets as of the recently completed fiscal year end) and longest running publicly traded business development companies (“BDCs”).
Prospect Capital Celebrates its 20th Anniversary as a Leading Provider of Private Debt and Equity to U.S. Middle-Market Companies with Over $20 Billion Invested and More than 300 Portfolio Company Exits
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced Prospect has surpassed its 20th anniversary as one of the largest ($7.9 billion in total assets as of the recently completed fiscal year end) and longest running publicly traded business development companies (“BDCs”).
10/02 09:50 EST - seekingalpha.com
Prospect Capital: The Yield Is Not Worth The Risk
Prospect Capital has consistently failed to generate sufficient cash flow to cover dividends, leading to a significant risk of future dividend cuts. The company's NAV per share has declined substantially, eroding shareholder value due to poor financial management and unproductive investments. Issuing preferred stock has diluted common shareholders' value and further strained dividend coverage, with cash available for common dividends covering only 63% in FY 2024.
Prospect Capital: The Yield Is Not Worth The Risk
Prospect Capital has consistently failed to generate sufficient cash flow to cover dividends, leading to a significant risk of future dividend cuts. The company's NAV per share has declined substantially, eroding shareholder value due to poor financial management and unproductive investments. Issuing preferred stock has diluted common shareholders' value and further strained dividend coverage, with cash available for common dividends covering only 63% in FY 2024.
10/01 11:05 EST - 247wallst.com
5 Stocks Trading Under $10 Paying Huge Ultra-High-Yield Dividends
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.
5 Stocks Trading Under $10 Paying Huge Ultra-High-Yield Dividends
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.
09/26 07:05 EST - seekingalpha.com
The Best BDC To Buy For Fed Rate Cuts
The Federal Reserve's 50 basis point rate cut impacts BDCs, which are sensitive to short-term rate changes, affecting their net investment income. BDCs thrive during rate hikes but face challenges with rate cuts, potentially leading to declining net investment income and increased non-accruals. I take a look at 10 leading BDCs and share my pick for the best one to own in the current environment.
The Best BDC To Buy For Fed Rate Cuts
The Federal Reserve's 50 basis point rate cut impacts BDCs, which are sensitive to short-term rate changes, affecting their net investment income. BDCs thrive during rate hikes but face challenges with rate cuts, potentially leading to declining net investment income and increased non-accruals. I take a look at 10 leading BDCs and share my pick for the best one to own in the current environment.
09/15 09:27 EST - seekingalpha.com
Prospect Capital: Bad Reputation But Enticing Value
Prospect Capital offers a remarkable 13% yield, supported by strong balance sheet quality and a well-performing investment portfolio. The BDC's favorable non-accrual trend and healthy dividend coverage profile make it an attractive buy for dividend investors. Despite a near-40% discount to NAV, Prospect Capital's dividend is well-supported,.
Prospect Capital: Bad Reputation But Enticing Value
Prospect Capital offers a remarkable 13% yield, supported by strong balance sheet quality and a well-performing investment portfolio. The BDC's favorable non-accrual trend and healthy dividend coverage profile make it an attractive buy for dividend investors. Despite a near-40% discount to NAV, Prospect Capital's dividend is well-supported,.
09/15 09:15 EST - 247wallst.com
Insiders Can't Get Enough of These 6 Stocks
24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies.
Insiders Can't Get Enough of These 6 Stocks
24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies.
09/15 07:14 EST - 247wallst.com
Want $1,000 per Month in Passive Income? Invest $10,000 Into These Dividend Stocks
24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.
Want $1,000 per Month in Passive Income? Invest $10,000 Into These Dividend Stocks
24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.
09/11 08:00 EST - seekingalpha.com
Prospect Capital: Good Dividend Yield, Not Shareholder Value
Prospect Capital Corp. is ideal for retirees due to its well-covered monthly dividends, low leverage, and significant discount to NAV. However, PSEC has consistently destroyed shareholder value with negative share price returns over the past 3, 5, and 10 years. The company's NAV has declined steadily, underperforming peers even in a high interest rate environment, leading to poor long-term performance.
Prospect Capital: Good Dividend Yield, Not Shareholder Value
Prospect Capital Corp. is ideal for retirees due to its well-covered monthly dividends, low leverage, and significant discount to NAV. However, PSEC has consistently destroyed shareholder value with negative share price returns over the past 3, 5, and 10 years. The company's NAV has declined steadily, underperforming peers even in a high interest rate environment, leading to poor long-term performance.
09/08 09:15 EST - 247wallst.com
Big Insider Buying by Carlos Slim and Other Repeat Buyers
24/7 Wall St. Insights Mexican billionaire Carlos Slim and other beneficial owners returned to boost stakes in energy companies and more.
Big Insider Buying by Carlos Slim and Other Repeat Buyers
24/7 Wall St. Insights Mexican billionaire Carlos Slim and other beneficial owners returned to boost stakes in energy companies and more.
09/06 21:37 EST - seekingalpha.com
BDC Weekly Review: Lenders Are Taking Over Pluralsight
We take a look at the action in business development companies through the last week of August and highlight some of the key themes we are watching. BDCs saw a 1% total return last week but ended August down 2%; six of our eight holdings were top performers. Private lenders, including major BDCs, are injecting $275m into Pluralsight, converting existing debt to equity.
BDC Weekly Review: Lenders Are Taking Over Pluralsight
We take a look at the action in business development companies through the last week of August and highlight some of the key themes we are watching. BDCs saw a 1% total return last week but ended August down 2%; six of our eight holdings were top performers. Private lenders, including major BDCs, are injecting $275m into Pluralsight, converting existing debt to equity.
09/06 07:05 EST - seekingalpha.com
How I Would Invest $100,000 For Big Dividends In September 2024
I discuss which areas of the market are most opportunistic for generating high yield income right now. I share some of my top picks within those sectors. I also share how I would deploy $100,000 of new money across those opportunities in September 2024.
How I Would Invest $100,000 For Big Dividends In September 2024
I discuss which areas of the market are most opportunistic for generating high yield income right now. I share some of my top picks within those sectors. I also share how I would deploy $100,000 of new money across those opportunities in September 2024.
09/05 07:05 EST - seekingalpha.com
Dividend Cut Alert: Bad News For BDCs
BDCs have outperformed REITs since early 2022 due to rising short-term interest rates and a strong economy, but dynamics shifted in July. With long-term rates declining and recession fears rising, BDCs face dividend cut risk. One BDC recently slashed its dividend aggressively and more are likely to follow.
Dividend Cut Alert: Bad News For BDCs
BDCs have outperformed REITs since early 2022 due to rising short-term interest rates and a strong economy, but dynamics shifted in July. With long-term rates declining and recession fears rising, BDCs face dividend cut risk. One BDC recently slashed its dividend aggressively and more are likely to follow.
09/01 13:31 EST - seekingalpha.com
Prospect Capital: Surprisingly Well-Covered 14% Yield
Prospect Capital's 14% dividend yield is sustainable, supported by a 70% LTM dividend pay-out ratio and a low non-accrual ratio of 0.3%. The stock's 40% discount to net asset value is exaggerated given its robust financial condition and strong credit quality. Prospect Capital's portfolio performance is solid, with impressive loan quality and substantial excess coverage for passive income investors.
Prospect Capital: Surprisingly Well-Covered 14% Yield
Prospect Capital's 14% dividend yield is sustainable, supported by a 70% LTM dividend pay-out ratio and a low non-accrual ratio of 0.3%. The stock's 40% discount to net asset value is exaggerated given its robust financial condition and strong credit quality. Prospect Capital's portfolio performance is solid, with impressive loan quality and substantial excess coverage for passive income investors.
08/29 12:00 EST - seekingalpha.com
Bargain: Very Undervalued Bonds From Investment Grade Prospect Capital
Prospect Capital is a large investment grade business development company. Its bonds yield around 8% while other large-cap BDC bonds with the same credit rating are yielding around 5.5%. To add to the undervaluation, PSEC has by far the lowest leverage among its large-cap BDC peers, making it extremely safe.
Bargain: Very Undervalued Bonds From Investment Grade Prospect Capital
Prospect Capital is a large investment grade business development company. Its bonds yield around 8% while other large-cap BDC bonds with the same credit rating are yielding around 5.5%. To add to the undervaluation, PSEC has by far the lowest leverage among its large-cap BDC peers, making it extremely safe.
08/28 16:09 EST - globenewswire.com
Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024.
Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024.
08/27 08:45 EST - globenewswire.com
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-K containing results for the fiscal year ended June 30, 2024 and to issue its earnings press release Wednesday, August 28, 2024 after the close of the markets.
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-K containing results for the fiscal year ended June 30, 2024 and to issue its earnings press release Wednesday, August 28, 2024 after the close of the markets.
08/23 22:03 EST - seekingalpha.com
BDC Weekly Review: PSEC Gets Bad Press
We take a look at the action in business development companies through the third week of August and highlight some of the key themes we are watching. BDCs delivered a 2% total return on the week, starting to climb out of the early August drawdown. A recent Bloomberg article on Prospect Capital focused on cash generation and preferred stock issuance.
BDC Weekly Review: PSEC Gets Bad Press
We take a look at the action in business development companies through the third week of August and highlight some of the key themes we are watching. BDCs delivered a 2% total return on the week, starting to climb out of the early August drawdown. A recent Bloomberg article on Prospect Capital focused on cash generation and preferred stock issuance.
08/23 06:45 EST - 247wallst.com
Need $15,000 Extra Income? These Dividend Stocks May Be the Ticket
24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8 trillion market by 2027-28.
Need $15,000 Extra Income? These Dividend Stocks May Be the Ticket
24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8 trillion market by 2027-28.
08/19 08:18 EST - 247wallst.com
5 Sizzling Stocks Under $5 That Pay Massive Ultra-High-Yield Dividends
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.
5 Sizzling Stocks Under $5 That Pay Massive Ultra-High-Yield Dividends
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.
08/19 08:00 EST - prnewswire.com
NewStar Exchange Fully Subscribes DST Offering for Newly Constructed Built-to-Rent ("BTR") Community in Atlanta, Georgia
ATLANTA , Aug. 19, 2024 /PRNewswire/ -- NewStar Exchange, a subsidiary of NEWSTAR, announced today that NewStar 6 Tranquil Gardens BTR, DST has been fully subscribed. The offering raised $19.1 million in aggregate equity investment from Section 1031 exchange investors.
NewStar Exchange Fully Subscribes DST Offering for Newly Constructed Built-to-Rent ("BTR") Community in Atlanta, Georgia
ATLANTA , Aug. 19, 2024 /PRNewswire/ -- NewStar Exchange, a subsidiary of NEWSTAR, announced today that NewStar 6 Tranquil Gardens BTR, DST has been fully subscribed. The offering raised $19.1 million in aggregate equity investment from Section 1031 exchange investors.