Prospect Capital Corporation (PSEC)
| Market Cap | 1.59B |
| Revenue (ttm) | 796.25M |
| Net Income (ttm) | -91.22M |
| Shares Out | 445.76M |
| EPS (ttm) | -0.21 |
| PE Ratio | n/a |
| Forward PE | 6.47 |
| Dividend | $0.63 (17.75%) |
| Ex-Dividend Date | Apr 28, 2025 |
| Volume | 3,236,648 |
| Open | 3.500 |
| Previous Close | 3.480 |
| Day's Range | 3.500 - 3.570 |
| 52-Week Range | 3.390 - 5.720 |
| Beta | 0.84 |
| Analysts | Sell |
| Price Target | 4.50 (+26.76%) |
| Earnings Date | May 7, 2025 |
About PSEC
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, s... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PSEC stock is "Sell" and the 12-month stock price forecast is $4.5.
News
Prospect Capital Corporation Announces Results of Cash Tender Offer For Any and All of its Outstanding 3.706% Notes due 2026
NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced the results of its previously announced cash tender offer (the “Tender Offer”) to purchase any...
Two BDCs For 60 Cents On The Dollar: 1 To Buy And 1 To Avoid
BDCs have gone through a notable repricing. Some of them are trading now at a deep discount territory. These deep discounts enhance the risk to reward ratios, especially for those that have been unfai...
QC Holdings, Inc. to be Acquired by Prospect Capital Corporation
NEW YORK, April 11, 2025 (GLOBE NEWSWIRE) -- A portfolio company of Prospect Capital Corporation (“Prospect”) (NASDAQ: PSEC) and QC Holdings, Inc. (“QC Holdings” or the “Company”) (OTCPK:QCCO) today a...
Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 3.706% Notes due 2026
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the ...
Prospect Capital Corporation Hosting Upcoming Webinar: “Medium Term Notes – Senior Position and Attractive Income”
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) is pleased to host an upcoming webinar for financial professionals titled “Medium ...
Prospect Capital's Credit Ratings Reaffirmed Investment Grade by Egan-Jones Ratings Company
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", “our”, or “we”) today announced that Egan-Jones Ratings Company ("Egan-Jones") has reaffirmed Pros...
BDC Weekly Review: PSEC Gets More Bad Press
We take a look at the action in business development companies through the third week of March and highlight some of the key themes we are watching. BDCs saw a 2% total return this week, but March is ...
Prospect Capital's Credit Ratings Reaffirmed Investment Grade by Morningstar DBRS with Stable Trend
NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", “our”, or “we”) today announced that Morningstar DBRS ("DBRS") has reaffirmed Prospect's investmen...
Prospect Capital Repays March 2025 Bond and Achieves Track Record of $4.7 Billion in Cumulative Principal Bond Repayments During More Than 20 Year History
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced the full and timely repayment of our convertible bond due March 20...
Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers
Since May 2017, reader-selected dividend-paying stocks have been featured, with valuable reader feedback improving accuracy and direction. My Dogs of The Week portfolios are available for Dividend Dog...
R-V Industries' to Participate in Several Upcoming Industry Events
HONEY BROOK, Pa., March 19, 2025 (GLOBE NEWSWIRE) -- R-V will be participating in several upcoming industry events. Ackley, Beta Star, Genesis, and R.W. Hartnett will be exhibitors at the Interphex tr...
Priority Income Fund Announces 13.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for March 2025 through May 2025
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared monthly cash “base” and “...
Priority Income Fund Announces Declaration of Preferred Stock Distributions for March 2025
NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared distributions on shares o...
Prospect Capital Corporation Releases Updated Prospect Highlights
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced an updated “Prospect Highlights” has been posted to Prospect's website.
Mity Inc. Announces Successful Launch of Traversa Non-Emergency Medical Transport Chair
OREM, Utah, March 10, 2025 (GLOBE NEWSWIRE) -- Mity Inc. announces that sales of its new Traversa chair serving the non-emergency medical transport ("NEMT") market have topped $1.6 million since intro...
Valley Electric Received Three Separate Awards for Excellence in Engineering, Design and Sustainability
EVERETT, Wash., March 10, 2025 (GLOBE NEWSWIRE) -- Within the first two months of 2025, Valley Electric has been honored to receive three separate awards for excellence in Engineering, Design and Sust...
Druid City Vital Care Recognized at Vital Care Infusion Services Annual Conference
TUSCALOOSA, Ala., March 10, 2025 (GLOBE NEWSWIRE) -- Druid City Vital Care (“Druid City”) was recently recognized at the Vital Care Infusion Services annual conference in Orlando, FL. Three location...
Tower Loan Announces New Customer Mobile App
JACKSON, Miss., March 10, 2025 (GLOBE NEWSWIRE) -- First Tower Finance Company LLC, d/b/a Tower Loan is introducing a new innovative mobile app in Q2 2025, designed to streamline its customers' financ...
Prospect Capital Achieves Outstanding Corporate Culture Recognition Based on Independent Culture Amp Survey
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. (“Prospect”), investment advisor to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, is pleased to announce th...
Prospect Capital Named One of the Best Places to Work in the Private Capital Industry
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. (“Prospect”), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, announced today that Pros...
Prospect Capital and Refuel Agency Create a Positive Impact for Military Veterans Through Philanthropic Partnership
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”), a leading middle-market investment company and Prospect portfolio company, Refuel Agency (“Refuel...
Priority Income Fund Announces Redemption of its 6.000% Series H Term Preferred Stock Due 2026
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.000% Series H Term Pr...
Prospect Capital: PIK Drop A Problem, But Dividend Should Be Safe
Prospect Capital slashed its dividend by 25% in November 2024, improving dividend pay-out metrics and offering a safer dividend for passive income investors. The BDC's stock trades at a 43% discount t...
Prospect Capital: Deteriorating NAV And Vulnerable To Higher Rates (Rating Downgrade)
Prospect Capital's portfolio continues to show weakness in a high interest rate environment, leading to a 23% price drop over the last year and a slight dividend reduction. Despite a high dividend yie...
Prospect Capital Corporation (PSEC) Q2 2025 Earnings Call Transcript
Prospect Capital Corporation (NASDAQ:PSEC) Q2 2025 Results Conference Call February 11, 2025 9:00 AM ET Company Participants John Barry - Chairman and Chief Executive Officer Grier Eliasek - Presiden...