Silver Spike Investment Corp. (SSIC)

Market Cap	70.63M
Revenue (ttm)	2.77B
Net Income (ttm)	4.98M
Shares Out	6.21M
EPS (ttm)	0.79
PE Ratio	14.20
Forward PE	17.60
Dividend	$1.00 (8.91%)
Ex-Dividend Date	Jun 20, 2024

Volume	2,744
Open	11.55
Previous Close	11.35
Day's Range	11.22 - 11.55
52-Week Range	7.29 - 11.66
Beta	0.28
Analysts	Hold
Price Target	8.80 (-21.57%)
Earnings Date	May 9, 2024

About SSIC

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including can...

• Industry: Drug Manufacturers - Specialty & Generic
• Sector: Healthcare
• IPO Date: Feb 4, 2022
• Country: United States
• Stock Exchange: NASDAQ
• Ticker Symbol: SSIC

Financial Performance

In 2023, SSIC's revenue was $11.72 million, an increase of 189.66% compared to the previous year's $4.05 million. Earnings were $7.34 million, an increase of 329.72%.

Analyst Forecast

According to one analyst, the rating for SSIC stock is "Hold" and the 12-month stock price forecast is $8.8.

Price Target

$8.8

(-21.57% downside)

Analyst Consensus: Hold