|Bid||2.8700 x 1200|
|Ask||2.8800 x 1400|
|Day's Range||2.8000 - 2.8950|
|52 Week Range||1.4700 - 5.2000|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.40 (14.13%)|
|Ex-Dividend Date||Nov 17, 2020|
|1y Target Est||N/A|
My name is Lisa, and I will be your conference facilitator for the BlackRock Capital Investment Corporation third-quarter 2020 earnings call. Hosting the call will be James Keenan, chairman and interim chief executive officer; Michael Pungello, interim chief financial officer and treasurer; Nik Singhal, president; Laurence Paredes, general counsel and corporate secretary of the company; Abby Miller, director of finance; Marshall Merriman, head of portfolio management; and Jason Mehring, managing director and member of the company's investment committee.
On Wednesday, November 04, BlackRock Capital Inv (NASDAQ: BKCC) will release its latest earnings report. Check out Benzinga's preview to understand the implications.What Are Earnings, Net Income, And Earnings Per Share? Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.Earnings And Revenue BlackRock Capital Inv earnings will be near $0.12 per share on sales of $17.09 million, according to analysts. In the same quarter last year, BlackRock Capital Inv reported EPS of $0.14 on revenue of $19.96 million.Why Analyst Estimates And Earnings Surprises Are Important Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.View more earnings on BKCCIf the company were to match the consensus estimate when it reports Wednesday, earnings would be down 14.29%. Revenue would have fallen 14.36% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019 EPS Estimate 0.11 0.14 0.14 0.14 EPS Actual 0.13 0.14 0.14 0.14 Revenue Estimate 16.40 M 20.27 M 20.36 M 20.85 M Revenue Actual 17.50 M 18.70 M 19.19 M 19.96 M Stock Performance Shares of BlackRock Capital Inv were trading at $2.43 as of November 02. Over the last 52-week period, shares are down 50.5%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.Do not be surprised to see the stock move on comments made during its conference call. BlackRock Capital Inv is scheduled to hold the call at 10:00:00 ET and can be accessed here.See more from Benzinga * Click here for options trades from Benzinga * A Preview Of Blueknight Energy's Earnings * Preview: ChromaDex's Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
A Form 4 filing filed with the SEC on Tuesday, October 6 showed that Koesterich Russell Jared bought 1,500 shares of BlackRock Capital Inc (NYSE:BCAT) at an average price of $20.20. The transaction moved the executive's stake in BlackRock Capital Inc. to 6,500 shares. BlackRock Capital was trading 0.3% lower from the previous closing price.Why Insider Transactions Are Important? Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Insiders who sell stock at new lows could be anticipating some capitulation moment. If the insider sells at new highs, it could point to the intention to "take some profit" and "lock in a gain."Transaction Codes To Focus On Wall Street tends to focus on insider transactions which take place in the open market, viewed inside a Form 4 filing via codes P for purchase and S for sale. An open-market transaction means the insider went into the market of their own volition and made an active decision about the potential path for a company and its stock moving forward.Transaction codes other than P or S are often viewed with less conviction as they are often not tied to a decision by the exec. As an example, transaction code C indicates the conversion of an option. Transaction code A indicates the insider may have been forced to sell shares in order to receive compensation the exec was promised upon being hired by a company.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * P/E Ratio Insights for Advance Auto Parts * A Look Into Saratoga Investment's Price Over Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.