Based on ratings from 5 stock analysts, the Fidus Investment Corp stock price is expected to decrease by 1.36% in 12 months. This is calculated by using the average 12-month stock price forecast for Fidus Investment Corp. The lowest target is $20 and the highest is $21.5. Please note analyst price targets are not guaranteed and could be missed completely.
FDUS is a stock in Financial Services which has been forecasted to be worth $21 as an average. On the higher end, the forecast price is $21.5 USD by Robert Dodd from Raymond James and on the lower end FDUS is forecasted to be $20 by Ryan Lynch from Keefe, Bruyette & Woods.
These are the latest 20 analyst ratings of FDUS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Bryce Rowe B. Riley Securities | Neutral | $22 | Downgrade | Jan 8, 2024 |
Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $20 | Maintains | Mar 6, 2023 |
Bryce Rowe B. Riley Securities | Buy | $22 | Maintains | Mar 6, 2023 |
Bryce Rowe B. Riley Securities | Buy | $18 | Reinstates | Oct 14, 2022 |
Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $19.5 | Downgrade | Jul 11, 2022 |
Sarkis Sherbetchyan B. Riley Securities | Buy | $21.5 | Maintains | Mar 7, 2022 |
Robert Dodd Raymond James | Outperform | $21.5 | Maintains | Mar 7, 2022 |
Robert Dodd Raymond James | Outperform | $19.5 | Maintains | Aug 9, 2021 |
Robert Dodd Raymond James | Outperform | $16 | Maintains | Mar 1, 2021 |
Raymond James | Outperform | $14 | Maintains | Nov 18, 2020 |
Oppenheimer | Outperform | $16 | Maintains | Nov 2, 2020 |
Ladenburg Thalmann | Buy | Upgrade | Aug 10, 2020 | |
B. Riley Securities | Neutral | $9 | Maintains | May 4, 2020 |
B. Riley FBR | Neutral | Maintains | May 4, 2020 | |
Chris Kotowski Oppenheimer | Outperform | $14 | Maintains | Apr 13, 2020 |
Tim Hayes B. Riley Securities | Neutral | $8.5 | Downgrade | Mar 24, 2020 |
B. Riley FBR | Neutral | Downgrade | Mar 24, 2020 | |
B. Riley Securities | Buy | $16 | Maintains | Jan 13, 2020 |
B. Riley FBR | Buy | Maintains | Jan 13, 2020 | |
National Securities | Neutral | Initiates | Oct 23, 2019 |
When did it IPO
2011
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Edward H. Ross
Market Cap
$714.9M
In 2023, FDUS generated $88.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FDUS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Fidus Investment's Q3 adjusted net income increased 7% to $0.61, supported by rising dividends and fees. The company offers a 12.2% dividend yield and shows consistent outperformance.
Why It Matters - Fidus Investment's 12.2% dividend yield and 7% rise in Q3 adjusted net income indicate strong financial health, attracting income-focused investors and potentially boosting stock demand.
Summary - Investors seeking 10%+ BDC yields should focus on leverage, dividend coverage, and portfolio quality. Q3 2024 results have been positive, but risks persist.
Why It Matters - Elevated volatility and falling net investment income (NII) could impact returns for BDC investors, necessitating careful assessment of leverage, dividend coverage, and portfolio quality.
Summary - Closed-end funds offer unique income opportunities but have strengths and weaknesses that require careful evaluation. A data-driven approach focusing on NAV performance is suggested for selection.
Why It Matters - The analysis of closed-end funds highlights their unique characteristics and potential for income, prompting investors to consider their NAV performance as part of a diversified investment strategy.
Summary - Fidus Investment offers an 8.6% dividend yield, backed by strong net investment income. Its net asset value rose 11.8% YoY, with a diversified portfolio worth $1.1 billion.
Why It Matters - Fidus Investment's high 8.6% dividend yield, strong liquidity, and 11.8% YoY net asset value growth signal solid investment performance and stability, enhancing its attractiveness to income-focused investors.
Summary - In the second week of November, BDCs had a 2% aggregate return. TPVG rose 20%, while PSEC fell due to poor performance and a distribution cut. Tax-loss season may further impact several BDCs.
Why It Matters - The performance and outlook of BDCs, especially the drop in PSEC and potential weaknesses in others, signal volatility and risks that could impact investment strategies and portfolio allocations.
Summary - Fidus Investment Corporation offers an 8.8% yield, pays quarterly special dividends, and has a stock priced at 1.0x NAV, with potential for a 10% premium from excess portfolio income.
Why It Matters - Fidus Investment Corporation's strong yield, special dividends, and reasonable valuation suggest attractive total returns, signaling potential growth and income opportunities for investors.