Prospect Capital Corporation (PSEC)
| Market Cap | 3.26B |
| Revenue (ttm) | 631.97M |
| Net Income (ttm) | 962.10M |
| Shares Out | 387.86M |
| EPS (ttm) | 2.50 |
| PE Ratio | 3.36 |
| Forward PE | n/a |
| Dividend | $0.72 (8.59%) |
| Ex-Dividend Date | Oct 26, 2021 |
| Volume | 1,464,067 |
| Open | 8.37 |
| Previous Close | 8.37 |
| Day's Range | 8.32 - 8.41 |
| 52-Week Range | 4.54 - 8.99 |
| Beta | 0.93 |
| Analysts | Strong Sell |
| Price Target | 6.50 (-22.4%) |
| Est. Earnings Date | Nov 8, 2021 |
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...
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for PSEC stock is "Strong Sell." The 12-month stock price forecast is 6.50, which is a decrease of -22.43% from the latest price.
News
Prospect Capital Corporation Announces Results of Cash Tender Offer For Any and All of its Outstanding 6.375% Notes d...
NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced the results of its previously announced cash tender offer (the “Tender Offer”) to purchase any an...
Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 6.375% Notes du...
NEW YORK, Oct. 08, 2021 (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 out...
Issuances in Prospect Capital Corporation Preferred Stock Offerings Exceed $350 Million Across Institutional, Registe...
NEW YORK, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect's preferred stock offerings (collectively, the "Prefer...
Prospect Capital Corporation Announces Pricing of $300 Million of 3.437% Notes due 2028
NEW YORK, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $300 million in aggregate principal amount of 3.437% ...
AM Best Revises Outlooks to Negative for American Federated Insurance Company and American Federated Life Insurance C...
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Ratings of “b...
Prospect Capital Corporation Announces Launch of Cash Tender Offer For its 4.95% Senior Convertible Notes due 2022
NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase up to $60,000,000 aggr...
Prospect Capital (PSEC) Q4 Earnings Improve Y/Y, Costs Down
Higher total investment income and decline in expenses, along with solid origination volumes, support Prospect Capital's (PSEC) fiscal Q4 results.
Prospect Capital (PSEC) Q4 Earnings and Revenues Miss Estimates
Prospect Capital (PSEC) delivered earnings and revenue surprises of -10.53% and -4.66%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Prospect Capital Announces June 2021 Net Investment Income of $0.19 and 5% Increase in Net Asset Value per Common Sha...
NEW YORK, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and year ended June 30, 2021.
Prospect Capital (PSEC) Earnings Expected to Grow: What to Know Ahead of Q4 Release
Prospect Capital (PSEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 18, 2021 (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 ...
This Stock Has A 8.89% Yield And Sells For Less Than Book
For example, the recent PSEC share price of $8.10 represents a price-to-book ratio of 0.9 and an annual dividend yield of 8.89% — by comparison, the average stock in Dividend Channel's coverage universe...
Prospect Capital Corporation Preferred Stock Offering Issuances Exceed $300 Million Across Institutional, Registered ...
NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect's preferred stock offerings (collectively, the "Preferr...
Prospect Capital Announces Pricing of $150 Million in Aggregate Liquidation Preference of 5.35% Series A Perpetual Pr...
NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of an underwritten public offering of 6 million shares, o...
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7 High-Yield Monthly Dividend Stocks to Buy in 2021
As the markets continue to stand uncomfortably high, you may want to consider these monthly dividend stocks for passive income. The post 7 High-Yield Monthly Dividend Stocks to Buy in 2021 appeared firs...
Prospect Capital Funds $55 Million First Lien Senior Secured Floating Rate Term Loan to Enseo
NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has funded a $55 million first lien senior secured floating rate term l...
Prospect Capital Corporation Preferred Stock Offering Cumulative Issuances Exceed $100 Million Across Institutional, ...
NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect's preferred stock offering of Series A1, M1, M2, and A2...
Prospect Capital Corporation Announces Pricing of $300 Million of 3.364% Notes due 2026
NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $300 million in aggregate principal amount of 3.364% no...
Cause-Related PSAs Influence Teens More Than Athletes or Celebrities is the Finding from Refuel Agency Research
SANTA BARBARA, Calif., May 12, 2021 /PRNewswire/ -- Refuel Agency, the largest provider of media + marketing services to reach teen, college, military and multicultural consumers throughout the U.S., re...
Prospect Capital (PSEC) Q3 Earnings In Line, Revenues Climb
While higher expenses hurt, increase in total investment income aids Prospect Capital's (PSEC) fiscal Q3 results.
Prospect Capital (PSEC) Q3 Earnings Match Estimates
Prospect Capital (PSEC) delivered earnings and revenue surprises of 0.00% and -1.49%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Prospect Capital: Q3 Earnings Insights
Shares of Prospect Capital (NASDAQ:PSEC) fell in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were flat 0.00% over the past year to $0.19, which beat ...
Prospect Capital Releases March 2021 Quarterly Results, Announces Net Investment Income of $0.19 and 5% Increase in N...
NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended March 31, 2021.