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Prospect Capital Corporation (PSEC)

NASDAQ: PSEC · IEX Real-Time Price · USD
8.37
-0.01 (-0.12%)
After-hours:Oct 22, 2021 7:55 PM EDT
8.38
0.01 (0.12%)
At close: Oct 22, 4:00 PM
Market Cap3.26B
Revenue (ttm)631.97M
Net Income (ttm)962.10M
Shares Out387.86M
EPS (ttm)2.50
PE Ratio3.36
Forward PEn/a
Dividend$0.72 (8.59%)
Ex-Dividend DateOct 26, 2021
Volume1,464,067
Open8.37
Previous Close8.37
Day's Range8.32 - 8.41
52-Week Range4.54 - 8.99
Beta0.93
AnalystsStrong Sell
Price Target6.50 (-22.4%)
Est. Earnings DateNov 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...

IndustryCapital Markets
IPO DateJul 27, 2004
CEOJohn Barry
Employees2,019
Stock ExchangeNASDAQ
Ticker SymbolPSEC
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$6.50
(-22.43% downside)
Analyst Consensus: Strong Sell

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...

5 days ago - GlobeNewsWire

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...

2 weeks ago - GlobeNewsWire

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...

3 weeks ago - GlobeNewsWire

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% ...

4 weeks ago - GlobeNewsWire

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...

1 month ago - Business Wire

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...

1 month ago - GlobeNewsWire

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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.

1 month ago - GlobeNewsWire

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.

2 months ago - Zacks Investment Research

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - Forbes

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

3 Stocks and ETFs That Pay You Each Month

Realty Income and two other stocks will cut you generous checks 12 times a year.

Other symbols:O
3 months ago - The Motley Fool

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...

Other symbols:AGNCGAIN
3 months ago - InvestorPlace

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...

4 months ago - GlobeNewsWire

Don't Miss These 12 Dividend Stocks That Pay Monthly Dividends

By, Bob Ciura Most dividend stocks made payments to shareholders on a quarterly basis. But not all companies pay quarterly dividends.

4 months ago - Benzinga

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - PRNewsWire

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.

5 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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 ...

5 months ago - Benzinga

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.

5 months ago - GlobeNewsWire