Prospect Capital Corporation (PSEC)
| Market Cap | 1.46B |
| Revenue (ttm) | 764.75M |
| Net Income (ttm) | -376.44M |
| Shares Out | 451.53M |
| EPS (ttm) | -0.87 |
| PE Ratio | n/a |
| Forward PE | 6.65 |
| Dividend | $0.57 (17.59%) |
| Ex-Dividend Date | Aug 27, 2025 |
| Volume | 2,293,125 |
| Open | 3.290 |
| Previous Close | 3.290 |
| Day's Range | 3.240 - 3.330 |
| 52-Week Range | 3.140 - 5.650 |
| Beta | 0.84 |
| Analysts | Sell |
| Price Target | 3.00 (-7.41%) |
| Earnings Date | May 8, 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 $3.0.
News
Priority Income Fund Announces Redemption of its 6.125% Series I Term Preferred Stock Due 2028
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.125% Series I Term Pre...
Priority Income Fund Announces 17.4% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for June 2025 through August 2025
NEW YORK, June 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 monthly cash “base” and “b...
Prospect Capital Announces Special Meeting Update
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, "Company", “our”, or “we”) today announced that it held its special meeting of stockholders (the “S...
The More It Tanks, The More It Stanks
High-yield stocks that trade at deep discounts to NAV often attract value-oriented income investors. However, most of the time, these investments are value traps. I share two popular stocks like this ...
Despite The Attractive Discount, I Wouldn't Consider Prospect Capital (Rating Downgrade)
PSEC's fundamentals continue to deteriorate, with persistent NAV erosion and declining net investment income despite a large discount to NAV. Dividend coverage is weakening, and another cut is likely ...
Prospect Capital: Out-Of-Touch Valuation
Prospect Capital's dividend cut has improved payout safety, aligning distributions with lower net investment income and enhancing the margin of safety for passive income investors. The portfolio shift...
Private Debt Investor Features Grier Eliasek in June Edition of Middle Market Direct Lending Report
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. (“Prospect”), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, announced today that Prosp...
Prospect Capital Corporation Announces Redemption of its 3.706% Notes due 2026
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect,” “our” or “we”) announced today that it will redeem all outstanding 3.706% Notes due 2026 (the “Notes...
Priority Income Fund Announces Redemption of its 6.625% Series F Term Preferred Stock Due 2027
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.625% Series F Term Pref...
Prospect Capital: Largest Discount In A Decade Still Doesn't Justify A Buy
Prospect Capital (PSEC) has been a poor performer, trading at its largest discount to NAV in a decade due to earnings decline and poor financials. PSEC's heavy reliance on real estate makes it vulnera...
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of we...
NAV Dip, PIK Interest, And Perpetual Discount Sees Prospect Capital Downgraded To Junk
Prospect Capital's market cap has plummeted 31% over the last year, driven by a sustained decline in net asset value (NAV) and dividend cuts. The BDC's fiscal 2025 third-quarter NAV per share fell to ...
Prospect Capital Corporation (PSEC) Q3 2025 Earnings Call Transcript
Prospect Capital Corporation (NASDAQ:PSEC) Q3 2025 Earnings Conference Call May 9, 2025 9:00 AM ET Company Participants John Francis Barry - Chairman of the Board & Chief Executive Officer Michael Gr...
Prospect Capital Honored for 2025 Middle-Market Deals of the Year Awards for Druid City Independent Sponsor Investment in Healthcare Industry
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. (“Prospect”), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, announced today that Prospe...
Prospect Capital Announces Financial Results for Fiscal March 2025 Quarter
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended March 31, 2025.
Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call
NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company” or “Prospect”) today announced it expects to file with the Securities and Exchange Commission its ...
BDC Weekly Review: BDCs Are Taking Advantage Of Wider Spreads
We take a look at the action in business development companies through the fourth week of April and highlight some of the key themes we are watching. BDCs saw a 3% total return last week, with the med...
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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 ...