|Bid||17.22 x 1800|
|Ask||17.38 x 1200|
|Day's Range||17.20 - 17.37|
|52 Week Range||15.03 - 17.59|
|PE Ratio (TTM)||9.33|
|Forward Dividend & Yield||1.56 (9.00%)|
|1y Target Est||N/A|
Aug.14 -- Ares Capital Chief Executive Officer Kipp DeVeer discusses the outlook for the private credit and direct lending industry, acquisition and growth opportunities, and competition from big banks for middle-market transactions. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Markets: European Close."
The trustee representing the bankruptcy estate of New England Confectionery Co. has sued the candy maker’s former owner, claiming the investment firm, ACAS LLC, killed its shot at survival. New England Confectionery, the maker of Necco Wafers and Sweethearts candies, was sold at a bankruptcy auction in late May, and since has been sold again, in pieces, leaving the fate of some iconic candy brands up in the air.
Ares Capital (ARCC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ARCC. Over the last one-month, outflows of investor capital in ETFs holding ARCC totaled $7 million.
Ares Capital Chief Executive Officer Kipp DeVeer discusses the outlook for the private credit and direct lending industry, acquisition and growth opportunities, and competition from big banks for middle-market ...
Ares Capital (ARCC) delivered earnings and revenue surprises of 0.00% and 3.40%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the New York-based company said it had net income of 60 cents. Earnings, adjusted for non-recurring gains, came to 39 cents per share. The results matched Wall Street expectations. ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ARCC. Over the last one-month, outflows of investor capital in ETFs holding ARCC totaled $2 million.
Ares Capital's (ARCC) shareholders are expected to reap higher profits from the approval of reduced asset coverage ratio as the company is likely to benefit from diversification of the portfolio.
For contract development and manufacturing organization Alcami – which recently expanded and moved its headquarters from Wilmington to Durham – its acquisition by a private equity firm paves the way for continued organic growth as well as the possibility of growth through acquisitions.
The hunt for yield never ends. Even though interest rates are rising, investors are hunting for different types of securities that throw off income. The good news is that there are high-yielding securities out there, and you don’t have to get too aggressive to find them.
Investors perusing the universe of alternative investments have some interesting options to consider. Those looking for some extra income and yield to accompany their alternative investments may want to consider business development companies (BDCs) through exchange-traded funds (ETFs).
Prospect Capital’s (PSEC) PE (price-to-earnings ratio) is 8.32x on a next-12-month basis, which reflects a lower valuation than the peer average of 9.35x.
For a business development company such as Prospect Capital (PSEC), the total number of originations plays a vital role in determining its investment objectives. Prospect Capital focuses on guarding its capital and makes plans to minimize the risk rather than to chase yields.
Five analysts are covering Prospect Capital (PSEC) in May, one of whom is suggesting a “strong sell” on the stock. The stock doesn’t have any “buy” or “strong buy” ratings, but three analysts have given it “hold” ratings, while another has suggested a “sell” on the stock. Prospect Capital’s competitor (XLF) Apollo Investment (AINV) is being tracked by 12 analysts in May, five of whom have recommended “holds” on the stock and three of whom have recommended “strong buys.” However, one analyst has recommended a “strong sell” on the stock, and the remaining three have given it “buy” recommendations.
Prospect Capital (PSEC) witnessed a rise in its total investments in fiscal 3Q18 compared to fiscal 2Q18. It also saw a rise in the number of companies in its portfolio from 122 in fiscal 2Q18 to 134 in fiscal 3Q18.