Silver Spike Investment Corp. (SSIC)
| Market Cap | 63.32M |
| Revenue (ttm) | 7.76M |
| Net Income (ttm) | 5.40M |
| Shares Out | 6.21M |
| EPS (ttm) | 0.86 |
| PE Ratio | 11.85 |
| Forward PE | 15.98 |
| Dividend | $0.25 (2.45%) |
| Ex-Dividend Date | Mar 19, 2024 |
| Volume | 664 |
| Open | 10.22 |
| Previous Close | 10.16 |
| Day's Range | 10.19 - 10.22 |
| 52-Week Range | 7.29 - 10.47 |
| Beta | 0.41 |
| Analysts | Hold |
| Price Target | 8.80 (-13.62%) |
| Earnings Date | May 9, 2024 |
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SSIC stock is "Hold" and the 12-month stock price forecast is $8.8.
News
Silver Spike Investment Corp. Reports Fiscal Year End 2023 Financial Results
NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business developm...
Silver Spike Investment Corp. Announces Fiscal Year End 2023 Financial Results Conference Call
NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business developm...
Silver Spike Investment Corp. Declares Cash Dividend for First Quarter 2024
NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be treated as a business de...
Chicago Atlantic Enters into Joint Venture with Silver Spike
CHICAGO--(BUSINESS WIRE)--Chicago Atlantic and Silver Spike Capital, investment adviser of Silver Spike Investment Corp (NASDAQ: SSIC), pursue a joint venture.
Silver Spike Investment Corp. Announces a Broadening of Its Investment Strategy
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business dev...
Silver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago Atlantic
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, ...
Silver Spike Investment Corp. Reports Third Quarter 2023 Financial Results
NEW YORK, Nov. 09, 2023 (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...
Silver Spike Investment Corp. Announces Third Quarter 2023 Financial Results Conference Call
NEW YORK, Oct. 25, 2023 (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...
Silver Spike Investment Corp. Declares Regular and Special Dividend
NEW YORK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem throug...
Silver Spike Investment Corp. Reports Second Quarter 2023 Financial Results
NEW YORK, Aug. 10, 2023 (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...
Silver Spike Investment Corp. Announces Second Quarter 2023 Financial Results Conference Call
NEW YORK, July 25, 2023 (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...
Silver Spike Investment Corp. Reports First Quarter 2023 Financial Results
NEW YORK, May 11, 2023 (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 ...
Silver Spike Investment Corp. Expands Loan Portfolio with Senior Secured Credit Facility to DreamFields Brands, Inc. (Jeeter)
NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (NASDAQ: SSIC) (“SSIC”) led and participated in the $35 million initial close of a senior secured credit facility to DreamField...
Silver Spike Investment Corp. Announces First Quarter 2023 Financial Results Conference Call
NEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investme...
Silver Spike Investment Corp. Reports Fiscal Year End 2022 Financial Results
NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem throug...
Silver Spike Investment Corp. Announces Fiscal Year End 2022 Financial Results Conference Call
NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through invest...
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 ...
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...
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...
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...
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...
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 ...
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...
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.
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...