Prospect Capital Corporation (PSEC)
| Market Cap | 1.27B |
| Revenue (ttm) | 719.44M |
| Net Income (ttm) | -593.76M |
| Shares Out | 455.90M |
| EPS (ttm) | -1.35 |
| PE Ratio | n/a |
| Forward PE | 6.20 |
| Dividend | $0.54 (19.36%) |
| Ex-Dividend Date | Sep 26, 2025 |
| Volume | 2,837,949 |
| Open | 2.830 |
| Previous Close | 2.840 |
| Day's Range | 2.780 - 2.850 |
| 52-Week Range | 2.730 - 5.570 |
| Beta | 0.85 |
| Analysts | Sell |
| Price Target | 2.50 (-10.39%) |
| Earnings Date | Nov 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 Summary
According to one analyst, the rating for PSEC stock is "Sell" and the 12-month stock price target is $2.5.
News
Prospect Capital: Good Value If You Like Risk
Prospect Capital is shifting its portfolio toward higher-quality first lien senior secured loans, reducing riskier second lien and equity-linked investments like real estate. The investment firm impro...
BDC Weekly Review: PSEC Is Trying To Turn The Ship Around
We take a look at the action in business development companies through the fourth week of August and highlight some of the key themes we are watching. BDCs delivered their best weekly performance, ral...
Prospect Capital Corporation (PSEC) Q4 2025 Earnings Call Transcript
Prospect Capital Corporation (NASDAQ:PSEC) Q4 2025 Earnings Conference Call August 27, 2025 9:00 AM ET Company Participants John Francis Barry - Chairman of the Board & CEO Kristin Lea Van Dask - CFO...
Prospect Capital: The NAV Continues To Decline Through Q4
Prospect Capital's share price and NAV continue to decline, with weak earnings and underperformance despite a high 19% dividend yield. The portfolio's heavy exposure to real estate and healthcare, plu...
Prospect Capital Announces Financial Results for June 2025
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June...
Wall Street Can't Stand This 12%-Yielding Bear Portfolio
Let's talk about three dividends averaging 12%. I bring them up because everyone on Wall Street hates them.
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 22, 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: Tight Spreads Keep A Lid On Net Income
We take a look at the action in business development companies through the first week of August and highlight some of the key themes we are watching. BDCs underperformed despite strong early earnings,...
BDC Investors: Prepare For An Imminent Market Rotation
Despite my long-term bullish stance on BDCs, I believe the sector is primed for a correction and may deliver subpar total returns ahead. In fact, I would suggest total return focused investors rotatin...
Prospect Capital: 15% Yield Headed For Another Cut
Previously maintained a cautious hold rating on Prospect Capital, favoring bonds over common stock and preferred shares. The stock has heavily underperformed and justified the decision to stay out. We...
5 Monthly Dividend Stocks Yielding Up To 16.3% Today
Quarterly payers are the norm. But monthly dividends…. Yeah, that's that stuff. Today we'll chat about five monthly divvies that yield between 5.8% and 16.3% per year. That's right, these stocks pay e...
Prospect Capital Corporation Acquires QC Holdings, Inc.
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (“Prospect”) (NASDAQ: PSEC) has announced the closing of the acquisition of QC Holdings, Inc. (“QC Holdings”), a provider of co...
Prospect Capital: Lower Dividend Risk (Rating Upgrade)
Prospect Capital offers an attractive value proposition due to its massive discount to NAV, but is best suited for investors comfortable with higher volatility. The November 2024 dividend cut has impr...
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 ...