Prospect Capital (PSEC) in Focus: Stock Moves 6.1% Higher November 13, 2017

Prospect Capital Corporation's dividend payout ratio (DPR) is 144.00%. ACI Worldwide had 7 analyst reports since August 4, 2015 according to SRatingsIntel.

Prospect Capital Corporation on 9/29/2017 reported its EPS as $0.24 with the analysts projecting the EPS of the stock as $0.23. Of the analysts who provided ratings, 0 rated the company a Hold, 2 rated it a Strong Sell, . Finally, TheStreet lowered shares of Prospect Capital Corporation from a "b-" rating to a "c+" rating in a research report on Wednesday, September 27th. Nadler Grp has 0.03% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 10,500 shares. On the other hand, its peers (XLF) BlackRock Capital Investment (BKCC), KCAP Financial (KCAP), and Apollo Investment (AINV) have market capitalizations of $0.5 billion, $0.1 billion, and $1.35 billion, respectively. The legal version of this article can be viewed at https://weekherald.com/2017/11/13/prospect-capital-corporation-psec-rating-lowered-to-sell-at-zacks-investment-research.html. The company has a consensus rating of "Hold" and an average target price of $6.50.

The stock has a market capitalization of $2,025.42, a PE ratio of 6.94 and a beta of 0.51. It has underperformed by 6.34% the S&P500.The move comes after 8 months positive chart setup for the $2.15 billion company.

Prospect Capital Corporation (PSEC) belonging to the Financial Services sector has surged 6.05% and closed its last trading session at $5.96.

Wall Street analysts, on average, are forecasting the company's EPS to be 0.18, compared to 0.24 reported in the same quarter past year. Prospect Capital Corporation (NASDAQ:PSEC) has a 20-Day average volume of 3.95 Million.

Prospect Capital Corporation (NASDAQ:PSEC) gross margin percentage stands at 47.2% while its operating margin for the past trailing twelve month is 48.2 percent and its overall profit margin (ttm) is 43.7 Percent. The firm had revenue of $193.04 million for the quarter. With an institutional ownership near 86.1%, it carries an earnings per share ratio of -4.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 7.10% of the company's stock.

A number of analysts recently commented on the company. The stock of Prospect Capital Corporation (NASDAQ:PSEC) earned "Market Perform" rating by BMO Capital Markets on Friday, November 10. Moreover, Dnb Asset Management As has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC). Legal & General Group Plc now owns 1,047,945 shares of the financial services provider's stock valued at $7,037,000 after purchasing an additional 84,772 shares during the last quarter. Boston Private Wealth Limited Liability Corp has invested 0.03% in Prospect Capital Corporation (NASDAQ:PSEC). Finally, California Public Employees Retirement System boosted its holdings in Prospect Capital Corporation by 2.7% in the 2nd quarter. The company's institutional ownership is monitored at 16 percent. For the next 5 years, Prospect Capital Corporation is expecting Growth of 5% per annum, whereas in the past 5 years the growth was -12.88% per annum. If you are accessing this report on another website, it was illegally stolen and reposted in violation of United States & global copyright and trademark laws. 2017, Prospect Capital Corporation (PSEC) delivered a 4.58% surprise with its net revenue.

Prospect Capital Corporation is a financial services company. The forecast of 0 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The Company is a closed-end investment company.

Related News:

  • Donald Trump Jr. Channeled WikiLeaks for the Trump Campaign

    Donald Trump Jr. Channeled WikiLeaks for the Trump Campaign

    The day before, Roger Stone, an informal advisor to Donald Trump , had tweeted, "Wednesday@HillaryClinton is done". Donald Trump Jr. corresponded with WikiLeaks during the 2016 presidential campaign, it was revealed on Monday.
    LeBron and Cavs take the NY  subway ahead of Knicks game

    LeBron and Cavs take the NY subway ahead of Knicks game

    Isaiah Thomas said the team "does it all" following his experience riding underground. "Subwayman" who got angry at LeBron James for filming him.
    Rally for Meek Mill scheduled for Monday

    Rally for Meek Mill scheduled for Monday

    Brinkley, who handed down the sentence after Mill failed a drug test and violated travel restrictions set out by probation. The rally is going down today in Philadelphia outside the Criminal Justice Center at 13th and Filbert Streets.
  • Jacqui Lambie may resign in next 24 hours over dual citizenship

    Jacqui Lambie may resign in next 24 hours over dual citizenship

    Last week, the Tasmanian told the ABC she was satisfied she had "no concerns" about being a dual citizen because of her father. Senator Lambie has been dragged into Canberra's citizenship saga after last week revealing her father was born in Scotland .
    EU's Mogherini calls on Hariri to return to Lebanon

    EU's Mogherini calls on Hariri to return to Lebanon

    Such a statement by Aoun might give some satisfaction to Saudi Arabia, but it would seem to leave Hariri no stronger than before. If the interview was meant to end the rumors that Hariri is being coerced by Saudi Arabia, it didn't exactly work.
    Capital One Financial Corporation (COF) Shares Sold by Tocqueville Asset Management LP

    Capital One Financial Corporation (COF) Shares Sold by Tocqueville Asset Management LP

    The expected RF's profit could reach $301.53M giving the stock 14.75 P/E in the case that $0.26 earnings per share is reported. Capital One Financial Corporation (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 24th.
  • Byron Maxwell signs one-year contract with Seattle Seahawks

    Byron Maxwell signs one-year contract with Seattle Seahawks

    A report over the weekend put Maxwell, who also visited with the Falcons recently, in the mix for a return to Seattle . He had 61 tackles, two interceptions and five forced fumbles in 15 games with the team over the past two seasons.
    Half of US adults have high blood pressure in new guidelines

    Half of US adults have high blood pressure in new guidelines

    This means almost half the US adult population is living with hypertension and at an increased risk for heart disease and stroke. The change reclassifies 14 percent of U.S. adults, who were once deemed "high normal " and now have a more critical diagnosis.

    Missouri AG subpoenas Google in antitrust investigation

    However, lawmakers in the past year have become increasingly skeptical of and at times antagonistic toward the tech industry. Claire McCaskill in 2018 - slammed the Obama-era Federal Trade Commission (FTC) for being too easy on Google.
  • DC Comics Fires Eddie Berganza Due to Sexual Harassment Allegations

    DC Comics Fires Eddie Berganza Due to Sexual Harassment Allegations

    Per BuzzFeed News , Warner Bros. and DC Entertainment said that they are "committed to eradicating harassment ". Three former DC employees accused editor Eddie Berganza of sexual assault while they worked for the company.

    Fury Road Director George Miller Suing Warner Bros. for $7 Million

    We're not going to be getting any Mad Max films for the foreseeable future. Warner Bros. needs to disassociate themselves from that guy.

    Nokia 2 officially arrives in South Africa

    The camera setup on the phone comprises a 16MP rear camera with f/2.0 aperture and an 8MP front camera with f/2.0 aperture. Amazon is not offering any cash back even for Prime members if they choose to pay from any other method.


Most liked

Menendez jury tells judge they are deadlocked
The excused juror subsequently spoke to the press and said she believes the panel will end in a hung jury. Bob Menendez told the judge on Monday it couldn't reach a verdict on any of the 18 counts against them.

Disney's streaming service will offer original programming for popular franchises
"That is in part reflective of the fact that it will have substantially less volume", Iger said . And by over we mean you have a couple of years more to watch them on that streaming service.

Google Assistant now broadcasts messages throughout your house on all speakers
Starting today, you can broadcast your voice from your Assistant on your phone or voice-activated speaker, like Google Home . Good news for those with a Google Home device and a big house: you can now use the smart speaker as an intercom.

Chinese premier urges Japan to maintain momentum for improvement in bilateral ties
The sources said Abe and Li are likely to exchange opinions on how the two major Asian economies can cooperate on the economic front.

Trump Asked Xi To Resolve UCLA Basketball Player Case
The freshman players have been accused of stealing sunglasses from a Louis Vuitton store next to the team's hotel in Hangzhou. White House press secretary Sarah Huckabee Sanders confirmed in an email that Trump spoke to Xi regarding the matter.

Donald Trump asked China's president to help resolve UCLA basketball player arrests
If convicted on the original charges, the three could get a prison sentence of up to ten years each according to earlier reports. This official indicated that charges against the players have been reduced and that the case is proceeding toward a resolution.

Gov. Cuomo signs bill to allow medical marijuana for PTSD
Even though NY has legalized medical marijuana for veterans suffering from post-traumatic stress disorder, the U.S. The Democratic governor said 19,000 New Yorkers with PTSD could be helped by medical marijuana.

Laredo Petroleum, Inc. (NYSE:LPI) Short Interest Up 12.3% in October
Scully increased its stake in Laredo Petroleum Inc (LPI ) by 21.13% based on its latest 2017Q2 regulatory filing with the SEC. The stock has a market capitalization of $2,636.11, a P/E ratio of 22.18, a PEG ratio of 4.37 and a beta of 1.39.

Liverpool star Nathaniel Clyne out until February
For Liverpool , youngsters Joe Gomez and Trent Alexander-Arnold have impressed Jurgen Klopp . It's not the best thing, especially not for him.

Australians vote to name Sydney Harbour boat Ferry McFerryface
They certainly weren't expecting that they would have to name the new vessel something ludicrous like Ferry McFerryface . Last year Transport NSW started a public competition last year in Sydney , Australia, to name their latest ferry .

Zimbabwe army chief criticizes infighting in ruling party
Chiwenga added that Zanu PF has been hijacked by counter revolutionaries whose agenda it is to destroy Zanu PF from within. Although he did not mention the president by name, the warning is understood to be directed at the 93-year-old Mr.

UP Civic Polls: BJP Manifesto Promises Free WiFi, 'Pink Toilets' For Women
The document will include the party's vision of local governance and development programmes for the people, Madan said. The Congress accused the BJP of not fulfilling past promises.

Another Prisoner Shot And Killed At Delhi's Rohini Court, Just Like April
The Delhi Police arrested the accused immediately after the incident, the police told the Hindustan Times . A prisoner who the police was escorting for a hearing in a court in Delhi has died after being shot at.

Cim Investment Mangement Inc. Has $555000 Position in Starbucks Corporation (SBUX)
After $0.55 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64% EPS growth. With 125,000 avg volume, 10 days are for Athenex Incorporated (NASDAQ:ATNX)'s short sellers to cover ATNX's short positions.

JC Penney Company Inc. Holding Company
Following the transaction, the director now owns 68,123 shares of the company's stock, valued at approximately $246,605.26. As of the end of the quarter American International Group Inc had acquired 13,477 shares growing its holdings by 5.8%.