Prospect Capital Corporation (PSEC)
| Market Cap | 1.82B |
| Revenue (ttm) | 796.25M |
| Net Income (ttm) | -91.22M |
| Shares Out | 442.74M |
| EPS (ttm) | -0.21 |
| PE Ratio | n/a |
| Forward PE | 7.48 |
| Dividend | $0.63 (15.31%) |
| Ex-Dividend Date | Apr 28, 2025 |
| Volume | 2,670,825 |
| Open | 4.160 |
| Previous Close | 4.180 |
| Day's Range | 4.100 - 4.180 |
| 52-Week Range | 4.090 - 5.720 |
| Beta | 0.94 |
| Analysts | Sell |
| Price Target | 4.50 (+9.36%) |
| 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'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
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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...
Prospect Capital Announces Financial Results for Fiscal December 2024 Quarter
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2024.
Prospect Capital Schedules Second Fiscal Quarter Earnings Release and Conference Call
NEW YORK, Feb. 03, 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...
5 BDC Investment Criteria And 3 Picks I'd Recommend For Retirees
As a BDC bull, I've to admit that most BDCs are not good enough for being included in a durable retirement/passive income portfolio. In the article I share 5 specific criteria that we have to comply w...
Prospect Capital Corporation Makes $65 Million Investment in Taos Footwear
NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) has provided a first lien senior secured term loan, a first lien senior secured convertible term lo...
Prospect Capital: 8.9% On Bonds With Heavy Insider Buys
Prospect Capital's common shares remain stagnant post-dividend cut, while preferred shares have tumbled. S&P downgraded PSEC's credit rating to junk due to portfolio turbulence and liquidity pressures...
Why BDCs Will Likely Outperform In 2025
The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs rig...
NewStar Exchange Acquires Newly Constructed Built-to-Rent ("BTR") Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
ATLANTA , Dec. 19, 2024 /PRNewswire/ -- NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Hadley Crossing by Stella Homes, a single-family rental subdivision located in C...