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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.