Prospect Capital Corporation (PSEC)

NASDAQ: PSEC · IEX Real-Time Price · USD
5.99
+0.02 (0.34%)
At close: Sep 27, 2023, 4:00 PM
6.01
+0.02 (0.33%)
Pre-market: Sep 28, 2023, 7:08 AM EDT
0.34%
Market Cap 2.44B
Revenue (ttm) 852.21M
Net Income (ttm) -172.47M
Shares Out 408.13M
EPS (ttm) -0.43
PE Ratio n/a
Forward PE 6.79
Dividend $0.72 (12.02%)
Ex-Dividend Date Oct 26, 2023
Volume 1,163,016
Open 6.00
Previous Close 5.97
Day's Range 5.97 - 6.04
52-Week Range 5.92 - 7.83
Beta 0.99
Analysts Sell
Price Target 5.88 (-1.84%)
Earnings Date Nov 8, 2023

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]

Sector Financials
IPO Date Jul 27, 2004
Country United States
Stock Exchange NASDAQ
Ticker Symbol PSEC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PSEC stock is "Sell." The 12-month stock price forecast is $5.88, which is a decrease of -1.84% from the latest price.

Price Target
$5.88
(-1.84% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Prospect Capital Corporation: A Gold Nugget or Value Trap?

Whether or not Prospect Capital Corporation NASDAQ: PSEC is a gold nugget or value trap depends on your objective. If you are looking for capital appreciation and a possible price-multiple expansion, ...

6 days ago - MarketBeat

An 8.7%-Yielding Mini-Portfolio The Pros Just Hate

Vanilla investors buy stocks that Wall Street approves of. Why?

Other symbols: ALXBGSCBRLGSBDLTCNSA
17 days ago - Forbes

The 9 Best Monthly Dividend Stocks to Buy Right Now

Your bills come monthly. Why not your dividend checks?

Other symbols: AGNCDXEPRGOODLTCMAINO
4 weeks ago - Kiplinger

Prospect Capital Announces June 2023 Financial Results and Declares Stable Monthly Dividends through October 2023 of $0.06 Per Common Share

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and year ended June 30, 20...

4 weeks ago - GlobeNewsWire

Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call

NEW YORK, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to issue its earnings press release on Tuesday, August 29, 2023 after...

4 weeks ago - GlobeNewsWire

Prospect Capital Announces March 2023 Financial Results and Declares Stable Monthly Dividends through August 2023 of $0.06 Per Share

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended March 31, 2023.

5 months ago - GlobeNewsWire

Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call

NEW YORK, May 05, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form...

5 months ago - GlobeNewsWire

Ignore The Experts To Earn 8%+ Dividends

Most vanilla investors like to buy stocks that are well-liked by Wall Street analysts.

Other symbols: ALXBDNHPPOPIVNOWU
7 months ago - Forbes

Prospect Capital Announces December 2022 Results: $0.23 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions

NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2022.

8 months ago - GlobeNewsWire

Prospect Capital Schedules Second Fiscal Quarter Earnings Release and Conference Call

NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on For...

8 months ago - GlobeNewsWire

Invest Like PE For Less With These 3 Massive Yielders

These are serious yields we're looking at—the kind we need to retire on dividends alone.

Other symbols: CCAPPNNT
8 months ago - Forbes

Prospect Capital Announces Annual Meeting Update

NEW YORK, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announce that it held its annual meeting of stockholders (the “Annual Meeting...

10 months ago - GlobeNewsWire

6 Preferred Stocks That Offer Safety and High Yields

Many preferred issues yield 6% or more and offer investors good dividend security since they are a senior form of equity.

Other symbols: FJPMLNCPFFTWFC
10 months ago - Barrons

Prospect Capital Corporation Announces Results of Cash Tender Offer For Any and All of its Outstanding 5.875% Senior Notes due 2023

NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced the results of its previously announced cash tender offer (the “Tender Offer”) to purchase any ...

11 months ago - GlobeNewsWire

Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 5.875% Senior Notes due 2023

NEW YORK, Nov. 14, 2022 (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 o...

11 months ago - GlobeNewsWire

Prospect Capital Announces September 2022 Results: $0.22 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions

NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended September 30, 2022.

11 months ago - GlobeNewsWire

Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call

NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on For...

11 months ago - GlobeNewsWire

Prospect Capital Corporation Announces Results of Cash Tender Offer For Any and All of its Outstanding 5.875% Senior Notes due 2023

NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced the results of its previously announced cash tender offer (the “Tender Offer”) to purchase any ...

1 year ago - GlobeNewsWire

Prospect Capital Corporation Announces New 6.50% Series A3 and M3 for Current Non-Traded Preferred Stock Offering

NEW YORK, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect has added new 6.50% Series A3 and M3 Preferred Stock ...

1 year ago - GlobeNewsWire

Prospect Capital Corporation Surpasses $1 Billion Preferred Fundraising Milestone and Upsizes Extended Credit Facility to $1.584 Billion

NEW YORK, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect's preferred stock offerings (collectively, the “Pref...

1 year ago - GlobeNewsWire

Prospect Capital Announces June 2022 Results: $0.21 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions

NEW YORK, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and year ended June 30, 20...

1 year ago - GlobeNewsWire

AM Best Revises Outlooks to Stable for American Federated Insurance Company, Affirms Credit Ratings of American Federated Life Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ...

1 year ago - Business Wire

Prospect Capital Reschedules Fiscal Year Earnings Release Date and Conference Call

NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced that it has rescheduled its release of fourth-quarter financial results from Wed...

1 year ago - GlobeNewsWire

Prospect Capital Corporation Announces More Than $800 Million in Aggregate Preferred Issuance, Including Over $100 Million Raised in Recent Semi-Monthly Closing

NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect raised over $100 million in aggregate liquidation pre...

1 year ago - GlobeNewsWire

Prospect Capital Corporation Announces Increase in Series A1, M1, and M2 Preferred Stock Offering to $1.5 Billion

NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect has increased the size of its ongoing offering of the...

1 year ago - GlobeNewsWire