Prospect Capital Corp

Prospect Capital Corp Stock Forecast & Price Prediction

Live Prospect Capital Corp Stock (PSEC) Price
$4.53

1

Ratings

  • Buy 0
  • Hold 0
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4.53

P/E Ratio

12.59

Volume Traded Today

$2.6M

Dividend

$0.045

52 Week High/low

6.30/4.15

Prospect Capital Corp Market Cap

$1.98B

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PSEC Summary

Based on ratings from 1 stock analysts, the Prospect Capital Corp stock price is expected to decrease by 0.66% in 12 months. This is calculated by using the average 12-month stock price forecast for Prospect Capital Corp. The lowest target is $4.5 and the highest is $4.5. Please note analyst price targets are not guaranteed and could be missed completely.

PSEC Analyst Ratings

About 1 Wall Street analysts have assignedPSEC 0 buy ratings, 0 hold ratings, and 1 sell ratings. This means that analysts expect Prospect Capital Corp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PSEC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

PSEC stock forecast by analyst

These are the latest 20 analyst ratings of PSEC.

Analyst/Firm

Rating

Price Target

Change

Date

Finian O'Shea
Wells Fargo

Underweight

$4.5

Maintains

Aug 30, 2024
Finian O'Shea
Wells Fargo

Underweight

$5

Maintains

May 16, 2024
Timothy O'Shea
Wells Fargo

Underweight

$5.75

Maintains

Jan 29, 2024
Timothy O'Shea
Wells Fargo

Underweight

$5.75

Maintains

Apr 18, 2023
Timothy O'Shea
Wells Fargo

Underweight

$6.5

Maintains

Feb 13, 2023
Finian O'Shea
Wells Fargo

Underweight

$6

Maintains

Nov 11, 2022
Finian O'Shea
Wells Fargo

Underweight

$5.75

Maintains

Oct 24, 2022
Finian O'Shea
Wells Fargo

Underweight

$6.5

Maintains

Apr 25, 2022

Raymond James

Market Perform


Upgrade

Nov 9, 2021
Finian O'Shea
Wells Fargo

Underweight

$6.5

Maintains

Aug 26, 2021

Wells Fargo

Underweight

$6

Maintains

May 13, 2021

Wells Fargo

Underweight


Initiates

Jun 25, 2020

Raymond James

Underperform


Downgrade

Apr 20, 2020

Barclays

Underweight

$6

Downgrade

Jan 22, 2019
James Fotheringham
BMO Capital

Market Perform

$6

Maintains

Nov 10, 2017

Raymond James

Market Perform


Upgrade

Aug 30, 2017

FBR Capital

Market Perform


Downgrade

May 11, 2017

National Securities Corporation

Sell


Downgrade

Jul 20, 2016

National Securities

Sell


Downgrade

Jul 20, 2016

Deutsche Bank

Hold


Downgrade

Apr 28, 2016

PSEC Company Information

What They Do: Provides financing and investment for middle market companies.

Business Model: The company operates as a business development company (BDC) that invests in a range of financing options including secured debt, mezzanine finance, and equity investments in middle-market private and micro-cap public businesses. It generates revenue primarily through interest income from its loan portfolio and returns from equity investments, focusing on companies with EBITDA between $5 million and $150 million.

Other Information: The firm specializes in various industries, particularly in energy and industrial sectors, and prefers investments in the U.S. and Canada. It targets investments ranging from $10 million to $500 million per transaction, engaging in both primary and secondary loan origination while seeking control acquisitions through multiple levels of the capital structure.

When did it IPO

2004

Staff Count

0

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Mr. John Francis Barry III, J.D.

Market Cap

$1.98B

Prospect Capital Corp (PSEC) Financial Data

In 2023, PSEC generated $-50,155,000 in revenue, which was a decrease of -108.06% from the previous year. This can be seen as a signal that PSEC's business is declining, and its share price could be worth less 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

N/A

Revenue From 2021

$1.02B

0.00 %
From Previous Year

Revenue From 2022

$622.5M

-38.80 %
From Previous Year

Revenue From 2023

$-50,155,000

-108.06 %
From Previous Year
  • Revenue TTM $821.7M
  • Operating Margin TTM 66.0%
  • Gross profit TTM $0
  • Return on assets TTM 4.4%
  • Return on equity TTM 0.2%
  • Profit Margin 1.5%
  • Book Value Per Share 8.10%
  • Market capitalisation $1.98B
  • Revenue for 2021 $1.02B
  • Revenue for 2022 $622.5M
  • Revenue for 2023 $-50,155,000
  • EPS this year (TTM) $-0.25

Prospect Capital Corp (PSEC) Latest News

News Image

Sat, 30 Nov 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

Summary - Low-priced stocks enable investors to acquire a greater number of shares, potentially increasing their market exposure.

Why It Matters - Low-priced stocks enable greater share accumulation, potentially increasing profits if the stock appreciates, appealing to value-focused investors.

News Image

Sat, 30 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - In the second week of November, business development companies (BDCs) were flat overall, outperforming other income sectors. Q3 earnings showed a slight decline in net investment income due to rate cuts.

Why It Matters - Flat performance of BDCs amidst rate cuts and tight spreads signals resilience, but declining net investment income raises concerns about future profitability and investment stability.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - National Property REIT Corp. sold its Arlington Park multifamily property in Marietta, GA, for $20 million, realizing a 2.4x cash on cash return on the investment.

Why It Matters - NPRC's sale of Arlington Park at a 2.4 times cash return signals strong asset performance, potentially boosting investor confidence and influencing stock valuation positively.

News Image

Sun, 24 Nov 2024

Sentiment - NEGATIVE

Source - 24/7 Wall Street

Summary - Recent insider share purchases have surged, indicating potential confidence from executives in their company's future performance.

Why It Matters - Significant insider purchases often signal confidence in a company's future performance, potentially indicating undervalued stock and influencing investor sentiment positively.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - National Property REIT Corp. sold its Dylan at Grayson multifamily property for $56.7 million, achieving a 1.7 times cash on cash return since its acquisition in December 2020.

Why It Matters - NPRC's sale of the Dylan property at a significant profit signals strong asset management and could enhance investor confidence in the REIT's future performance and growth potential.

News Image

Fri, 22 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Priority Income Fund will redeem all outstanding shares of its 6.250% Series G Term Preferred Stock on December 23, 2024, at $25 per share plus accrued dividends.

Why It Matters - The redemption of Series G Preferred Shares indicates a shift in Priority Income Fund's capital structure, potentially impacting yield and investor sentiment regarding the Fund's financial health.

...

PSEC Frequently asked questions

The highest forecasted price for PSEC is $4.5 from Finian O'Shea at Wells Fargo.

The lowest forecasted price for PSEC is $4.5 from Finian O'Shea from Wells Fargo

The PSEC analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 1 sell ratings.