Should you hold Prospect Capital (PSEC) stock?
The consensus among Wall Street equities research analysts is that investors should "hold" Prospect Capital stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSEC, but not buy additional shares or sell existing shares.
What are Prospect Capital's price targets for the next year?
2 brokerages have issued 1-year price targets for Prospect Capital's stock. Their forecasts range from $6.50 to $6.50. On average, they anticipate Prospect Capital's stock price to reach $6.50 in the next year. This suggests that the stock has a possible downside of 21.5%.
Where can I buy shares of PSEC?
Shares of PSEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
When is proposalprospect capital expected to release its quarterly earnings?
Prospect Capital is scheduled to release its next quarterly earnings announcement on Tuesday, February 8th 2022. View our earnings forecast for Prospect Capital. How were Prospect Capital's earnings last quarter?
When is Prospect Capital's earnings call 2021?
What is Prospect intending to use the remainder of the net proceeds from this offering?
When are Prospect notes due 2021?
Is Prospect's note unsecured?
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About this website
Will PSEC go up?
Based on our forecasts, a long-term increase is expected, the "PSEC" stock price prognosis for 2027-07-16 is 9.722 USD. With a 5-year investment, the revenue is expected to be around +29.37%. Your current $100 investment may be up to $129.37 in 2027. Get It Now!
Is PSEC a good stock owned?
The financial health and growth prospects of PSEC, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
Is Prospect Capital a good buy?
Prospect Capital currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Is PSEC a good dividend stock?
Prospect Capital has a tremendously high dividend yield of 9.4%, which is about six times that of the average S&P 500 stock. You can see our full list of stocks with 5%+ dividend yields here. Prospect's high dividend yield and monthly dividend payments are two of the reasons why the company merits further research.
Is Prospect Capital undervalued?
In comparison to similarly-sized capital management stocks, PSEC holds all the signs of being significantly undervalued.
Who owns the most shares of PSEC?
Largest shareholders include Van Eck Associates Corp, BIZD - VanEck Vectors BDC Income ETF, KBWD - Invesco KBW High Dividend Yield Financial ETF, Legal & General Group Plc, Lsv Asset Management, BlackRock Inc., Morgan Stanley, Two Sigma Advisers, Lp, Sumitomo Mitsui Trust Holdings, Inc., and Muzinich & Co., Inc..
How long has Prospect Capital been in business?
Who We Are. Since 1988, Prospect and its predecessors have focused on private debt and private equity investments. Prospect invests across the United States in diversified portfolios by industry, company, and situation. As of March 31, 2022, Prospect had $8.4 billion of assets under management.
How long has PSEC been around?
PSEC is a publicly-traded closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940, as amended. PSEC completed its initial public offering in 2004.
What kind of company is Prospect Capital?
Prospect Capital Corporation is a leading publicly-traded Business Development Company (“BDC”). We make debt and equity investments in U.S. middle market businesses across a range of industries, and seek to deliver steady, attractive returns to our shareholders. We trade on NASDAQ under the ticker symbol “PSEC”.
Why is Prospect Capital going down?
Prospect Capital's leverage ratio has, however, decreased over time and it has fallen below its 0.70x-0.80x target range in 2020. This is because management wanted to reduce leverage during COVID-19-related uncertainty. Over the medium term, the leverage ratio will rise again and fall into the stated target range.
How does Prospect Capital make money?
Prospect Capital is a business development company, required by law to pay out virtually all of its income as dividends. Its income comes from making debt and equity investments in private businesses -- businesses that are generally too small to sell stock or bonds to public investors.
Why is Prospect Capital going down?
Prospect Capital's leverage ratio has, however, decreased over time and it has fallen below its 0.70x-0.80x target range in 2020. This is because management wanted to reduce leverage during COVID-19-related uncertainty. Over the medium term, the leverage ratio will rise again and fall into the stated target range.
What kind of stock is PSEC?
PSEC is a publicly-traded closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940, as amended.
What stock pays the highest monthly dividend?
Top monthly dividend stocks for 2022Monthly Dividend StockTicker SymbolDividend YieldEPR Properties(NYSE:EPR)6.9%Agree Realty(NYSE:ADC)4.2%Gladstone Commercial Corporation(NASDAQ:GOOD)6.5%LTC Properties(NYSE:LTC)6.3%4 more rows
Is PSEC REIT?
Prospect Capital (PSEC) Our final entry on the list is thankfully not a REIT. Prospect Capital offers private debt and private equity to middle-market companies in the United States.
Should I buy or sell Prospect Capital stock right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prospect Capital in the last year. There are currently 1 sell rating and 1...
What is Prospect Capital's stock price forecast for 2022?
2 Wall Street analysts have issued 1-year price objectives for Prospect Capital's shares. Their forecasts range from $6.50 to $6.50. On average, th...
How has Prospect Capital's stock price performed in 2022?
Prospect Capital's stock was trading at $8.41 at the start of the year. Since then, PSEC stock has decreased by 10.1% and is now trading at $7.56....
When is Prospect Capital's next earnings date?
Prospect Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022. View our earnings forecast for Pro...
How were Prospect Capital's earnings last quarter?
Prospect Capital Co. (NASDAQ:PSEC) released its quarterly earnings data on Sunday, November, 7th. The financial services provider reported $0.21 EP...
How often does Prospect Capital pay dividends? What is the dividend yield for Prospect Capital?
Prospect Capital declared a monthly dividend on Thursday, May 12th. Shareholders of record on Monday, August 29th will be given a dividend of $0.06...
Is Prospect Capital a good dividend stock?
Prospect Capital(NASDAQ:PSEC) pays an annual dividend of $0.72 per share and currently has a dividend yield of 9.44%. PSEC has a dividend yield hig...
Who are Prospect Capital's key executives?
Prospect Capital's management team includes the following people: Mr. John Francis Barry III , J.D., Chairman & CEO (Age 70) Mr. Michael Grier E...
What is John F. Barry III's approval rating as Prospect Capital's CEO?
23 employees have rated Prospect Capital CEO John F. Barry III on Glassdoor.com . John F. Barry III has an approval rating of 85% among Prospect C...
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When is Prospect Capital's earnings call 2021?
What is Prospect intending to use the remainder of the net proceeds from this offering?
NEW YORK, NY / ACCESSWIRE / May 11, 2021 / Prospect Capital Corp. (NASDAQ:PSEC) will be discussing their earnings results in their 2021 Third Quarter Earnings call to be held on May 11, 2021 at 11:00 AM Eastern Time.
When are Prospect notes due 2021?
Prospect intends to use the remainder of the net proceeds from this offering, if any, to maintain balance sheet liquidity, including to make investments in high quality short-term debt instruments, and thereafter to make long-term investments in accordance with its investment objective.
Is Prospect's note unsecured?
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% notes due 2026 (the “Notes”). The Notes will mature on November 15, 2026 and may be redeemed in whole or in part at any time or from time to time ...
When is Prospect Capital's earnings call 2021?
The Notes will be general senior unsecured obligations of Prospect, will rank equally in right of payment with Prospect's existing and future senior unsecured debt, and will rank senior in right of payment to any potential subordinated debt, should any be issued in the future.
What is Prospect intending to use the remainder of the net proceeds from this offering?
NEW YORK, NY / ACCESSWIRE / May 11, 2021 / Prospect Capital Corp. (NASDAQ:PSEC) will be discussing their earnings results in their 2021 Third Quarter Earnings call to be held on May 11, 2021 at 11:00 AM Eastern Time.
When are Prospect notes due 2021?
Prospect intends to use the remainder of the net proceeds from this offering, if any, to maintain balance sheet liquidity, including to make investments in high quality short-term debt instruments, and thereafter to make long-term investments in accordance with its investment objective.
Is Prospect's note unsecured?
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% notes due 2026 (the “Notes”). The Notes will mature on November 15, 2026 and may be redeemed in whole or in part at any time or from time to time ...
