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Prospect Capital Corporation (PSEC)

Stock Price: $5.07 USD 0.05 (1.00%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $5.05 -0.02 (-0.39%) Aug 7, 7:57 PM

Stock Price Chart

Key Info

Market Cap 1.90B
Revenue (ttm) 642.65M
Net Income (ttm) -139.95M
Shares Out 375.26M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend $0.72
Dividend Yield 14.20%

Stock Quote

Trading Day Aug 7, 2020
Last Price $5.07
Previous Close $5.02
Change ($) 0.05
Change (%) 1.00%
Day's Open 4.97
Day's Range 4.97 - 5.07
Day's Volume 1,170,400
52-Week Range 3.68 - 6.76

More Stats

Market Cap 1.90B
Enterprise Value 4.04B
Earnings Date (est) n/a
Ex-Dividend Date Jul 30, 2020
Shares Outstanding 375.26M
Float n/a
EPS (basic) -0.39
EPS (diluted) -0.38
FCF / Share 1.08
Dividend $0.72
Dividend Yield 14.20%
Earnings Yield n/a
FCF Yield 20.82%
Payout Ratio n/a
Shares Short 24.54M
Short Ratio 12.27
Short % of Float 8.54%
Beta 0.91
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 4.80
PS Ratio 2.96
PB Ratio 0.63
Revenue 642.65M
Operating Income 430.37M
Net Income -139.95M
Free Cash Flow 396.14M
Net Cash -2.14B
Net Cash / Share -5.70
Gross Margin 109.51%
Operating Margin 66.97%
Profit Margin -21.80%
FCF Margin 61.64%
ROA 4.86%
ROE -4.47%
ROIC 0.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 2

Analyst Consensus: Sell

Price Target

$4.25*
Low
4.25
Current: $5.07
High
4.25
Target: 4.25
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue704658701792791712576321169115
Revenue Growth6.98%-6.16%-11.48%0.11%11.06%23.59%79.59%89.35%47.94%-
Gross Profit50446850257356651442523812383.83
Operating Income47044247153953348740122511275.57
Net Income14430025310334631922119111819.63
Shares Outstanding36736336035635934220711485.9859.43
Earnings Per Share0.390.830.700.290.981.061.071.671.380.33
EPS Growth-53.01%18.57%141.38%-70.41%-7.55%-0.93%-35.93%21.01%318.18%-
Dividend Per Share0.720.771.001.001.191.321.181.221.212.14
Dividend Growth-6.13%-23.3%0.1%-16.12%-10.05%12.49%-3.29%0.5%-43.49%-
Operating Cash Flow22436937686245.46-1,725-1,786-229-58254.84
Free Cash Flow22436937686245.46-1,725-1,786-229-58254.84
Cash & Equivalents10783.763183181101342032.831.491.08
Total Debt2,3832,3122,6422,6672,9842,7731,683664407100
Net Cash / Debt-2,276-2,228-2,324-2,349-2,874-2,639-1,480-661-405-99.22
Assets5,8005,8396,1736,2366,7986,4774,4482,2551,549833
Liabilities2,4942,4322,8182,8003,0952,8591,792743435121
Book Value3,3063,4073,3553,4363,7033,6182,6561,5121,114711
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Prospect Capital Corporation
Country United States
CEO John Francis Barry

Stock Information

Ticker Symbol PSEC
Stock Exchange NASDAQ
Sector Financial Services
Industry Asset Management
Unique Identifier NASDAQ: PSEC
IPO Date July 27, 2004

Description

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, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value betw