Silver Spike Investment Corp. (SSIC)

NASDAQ: SSIC · IEX Real-Time Price · USD
9.95
+0.34 (3.54%)
Feb 1, 2023, 4:00 PM EST - Market closed
3.54%
Market Cap 61.84M
Revenue (ttm) 2.00M
Net Income (ttm) n/a
Shares Out 6.21M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,505
Open 9.97
Previous Close 9.61
Day's Range 9.95 - 10.00
52-Week Range 7.70 - 15.40
Beta n/a
Analysts Buy
Price Target 14.14 (+42.11%)
Earnings Date Feb 9, 2023

About SSIC

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including can... [Read more]

Sector Healthcare
IPO Date Feb 4, 2022
Country United States
Stock Exchange NASDAQ
Ticker Symbol SSIC
Full Company Profile

Analyst Forecast

According to 8 analysts, the average rating for SSIC stock is "Buy." The 12-month stock price forecast is $14.14, which is an increase of 42.11% from the latest price.

Price Target
$14.14
(42.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Can Silver Spike Investment Corp. (SSIC) Climb 31.26% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 31.3% in Silver Spike Investment Corp. (SSIC). While the effectiveness of this highly sought-after metric is qu...

1 day ago - Zacks Investment Research

Silver Spike Investment Corp. Expands Loan Portfolio with Senior Secured Credit Facility to MariMed Inc.

NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (NASDAQ: SSIC) (“SSIC”) co-led and participated in the recently announced MariMed Inc. (“MariMed”) $35 million senior secured ...

6 days ago - GlobeNewsWire

Silver Spike Investment Corp. Reports Second Quarter Fiscal 2023 Financial Results

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through...

2 months ago - GlobeNewsWire

Silver Spike Investment Corp. Expands Loan Portfolio with Senior Secured Credit Facility to Verano Holdings Corp.

NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (NASDAQ: SSIC) (“SSIC”), allocated a total of $21 million to the recently announced Verano Holdings Corp. (“Verano”) $350 mill...

3 months ago - GlobeNewsWire

Silver Spike Investment Corp. Announces Second Quarter 2023 Financial Results Conference Call

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investm...

3 months ago - GlobeNewsWire

Silver Spike Investment Corp. Reports First Quarter Fiscal 2023 Financial Results

NEW YORK, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through...

6 months ago - GlobeNewsWire

Silver Spike Investment Corp. Co-Leads up to $170 million Senior Secured Term Loan to Shryne Group Inc.

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (NASDAQ: SSIC) (“Silver Spike”) today announced it has co-led a senior secured term loan of up to $170 million to Shryne Group...

8 months ago - GlobeNewsWire

Silver Spike Investment Raises $83.3M Via Initial Public Offering

Cannabis-focused finance company Silver Spike Investment Corp. SSIC closed its IPO of 6.07 million shares of its common stock, at $14.00 per share, on February 8, 2022. SSIC's shares of common stock b...

1 year ago - Benzinga

Silver Spike Investment Raises $83.3M Via Its Initial Public Offering

Cannabis-focused finance company Silver Spike Investment Corp. SSIC announced that it closed its initial public offering of 6.07 million shares of its common stock, at a price to the public of $14.00 ...

1 year ago - Benzinga

Executives Buy Around $64M Of 3 Stocks

US stock futures traded higher this morning, with the Dow futures adding more than 200 points this morning. Investors, meanwhile, focused on some notable insider trades.

Other symbols: PYPLRCKT
1 year ago - Benzinga

Silver Spike Investment Corp. Announces Closing of Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Silver Spike Investment Corp. (NASDAQ: SSIC), a newly-organized closed-end management investment company that has elected to be treated as a business development company, to...

1 year ago - Business Wire