PSEC - Prospect Capital Corporation
| Previous Close | 6.85 |
| Open | 6.87 |
| Bid | 0.00 x 40000 |
| Ask | 0.00 x 800 |
| Day's Range | 6.85 - 6.91 |
| 52 Week Range | 5.51 - 8.37 |
| Volume | 2,046,346 |
| Avg. Volume | 1,367,103 |
| Market Cap | 2.492B |
| Beta | 0.53 |
| PE Ratio (TTM) | 10.44 |
| EPS (TTM) | 0.66 |
| Earnings Date | Aug 27, 2018 - Aug 31, 2018 |
| Forward Dividend & Yield | 0.72 (10.43%) |
| Ex-Dividend Date | 2018-06-28 |
| 1y Target Est | 6.00 |
- ACCESSWIRE•6 days ago
Free Pre-Market Technical Recap on Prospect Capital and Three Additional Asset Management Stocks
Today, WallStEquities.com scans Noah Holdings Ltd (NYSE: NOAH), Och-Ziff Capital Management Group LLC (NYSE: OZM), Prospect Capital Corp. (NASDAQ: PSEC), and SEI Investments Co. (NASDAQ: SEIC). Demand in the Asset Management space is driven by demographic and market trends, such as the growing population of retirees and the accumulation of wealth and investable assets, as well as returns on investments.
- GlobeNewswire•6 days ago
Prospect Capital Announces Pricing of $70 Million of 5.875% Senior Notes due 2023
Prospect Capital Corporation (PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $70 million in aggregate principal amount of senior unsecured 5.875% Senior Notes due 2023 (the “Notes”). The Notes will be a further issuance of the 5.875% Senior Notes due 2023 that Prospect issued on March 15, 2013 in the aggregate principal amount of $250,000,000 (the "existing 5.875% Senior Notes”). Upon the issuance of the Notes, the outstanding aggregate principal amount of Prospect’s 5.875% Senior Notes due 2023 will be $320 million.
- GlobeNewswire•7 days ago
Prospect Capital Receives BBB Investment Grade Corporate Rating From Egan-Jones Ratings Company, Representing Prospect's Third Investment Grade Rating
Prospect Capital Corporation (PSEC) (“Prospect”, “our”, or “we”) today announced it has been assigned an investment grade credit rating of BBB from Egan-Jones Ratings Company (“Egan-Jones”). Egan-Jones is a Nationally Recognized Statistical Ratings Organization (NRSRO) and is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP). Egan-Jones is also certified by the European Securities and Markets Authority (ESMA).
- Zacks•11 days ago
Is Prospect Capital (PSEC) Stock Outpacing Its Finance Peers This Year?
Is Prospect Capital Corporation (PSEC) Outperforming Other Finance Stocks This Year?
- GlobeNewswire•11 days ago
Prospect Capital Corporation Announces Results of Cash Tender Offer For Any and All of its Outstanding 5.000% Senior Notes due 2019
Prospect Capital Corporation (the “Company”) today announced the results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding senior notes listed below. The Tender Offer was made pursuant to an Offer to Purchase dated June 7, 2018 (the “Offer to Purchase”), which set forth the terms and conditions of the Tender Offer. As of the previously announced expiration time of 5:00 p.m., New York City time, on June 13, 2018 (the “Expiration Time”), according to information provided by D.F. King & Co., Inc., the tender and information agent for the Tender Offer, a total of $147,024,000 aggregate principal amount of Notes had been validly tendered and not validly withdrawn in the Tender Offer.
- Zacks•13 days ago
Top Ranked Income Stocks to Buy for June 12th
Top Ranked Income Stocks to Buy for June 12th
- Thomson Reuters StreetEvents•16 days ago
Edited Transcript of PSEC earnings conference call or presentation 10-May-18 3:00pm GMT
Q3 2018 Prospect Capital Corp Earnings Call
- GlobeNewswire•18 days ago
Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 5.000% Senior Notes due 2019
Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding senior notes listed below. The Tender Offer will expire at 5:00 p.m., New York City time, on June 13, 2018 (the “Expiration Time”), unless extended or earlier terminated. The Tender Offer is made pursuant to an Offer to Purchase dated today, which set forth the terms and conditions of the Tender Offer.
- GlobeNewswire•21 days ago
Prospect Capital Purchases $80 Million of First Lien Senior Secured Floating Rate Notes and Revolving Credit Issued by Eze Castle Integration
Prospect Capital Corporation (PSEC) (“Prospect”) announced today that Prospect has purchased $75 million of first lien senior secured floating rate notes and $5 million of revolving credit issued to support the acquisition of Eze Castle Integration, LLC (“ECI”) by affiliates of H.I.G. Capital, LLC (“H.I.G.”). Headquartered in Boston and founded in 1995, ECI is a leading provider of managed services and technology solutions to the alternative investment manager and other end user industry markets. ECI delivers premier solutions that meet the high-end technology requirements of its financial services, legal, and other diversified clients.
- GlobeNewswire•24 days ago
Prospect Capital Corporation Prices Public Offering of $50 Million of 6.25% Unsecured Notes due 2028
Prospect Capital Corporation (PSEC) ("Prospect", “our”, or “we”) announced today that it has priced an underwritten public offering of $50 million in aggregate principal amount of 6.25% unsecured notes due 2028 (the “Notes”). UBS Investment Bank, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for this offering. Citigroup and Ladenburg Thalmann are acting as joint lead managers for this offering.
- GlobeNewswire•26 days ago
Recent Analysis Shows Northwest Natural Gas, Brooks Automation, Insmed, Host Hotels & Resorts, Prospect Capital, and Inphi Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, May 30, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Northwest ...
- Zacks•27 days ago
Top Ranked Income Stocks to Buy for May 29th
Top Ranked Income Stocks to Buy for May 29th
- ACCESSWIRE•last month
Initiating Free Research Reports on Prospect Capital and Three Other Asset Management Equities
WallStEquities.com shifts focus on the Asset Management industry, which manages the financial assets of corporate, institutional, and individual clients. In this morning's lineup are the following stocks: Moelis & Co. (NYSE: MC), Och-Ziff Capital Management Group LLC (NYSE: OZM), Prospect Capital Corp. (NASDAQ: PSEC), and SEI Investments Co. (NASDAQ: SEIC).
- GlobeNewswire•last month
Prospect Capital Announces Issuance of $103.5 Million of 4.95% Convertible Notes due 2022
The Notes are a further issuance of the 4.95% Convertible Notes due 2022 that Prospect issued on April 11, 2017 in the aggregate principal amount of $225,000,000 (the “existing 4.95% Convertible Notes”). The Notes will be treated as a single series with the existing 4.95% Convertible Notes under the indenture and will have the same terms as the existing 4.95% Convertible Notes.
- Market Realist•last month
What Could Impact Prospect Capital’s Valuations?
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.
- Market Realist•last month
What Are Prospect’s Originations and Repayments in Fiscal 3Q18?
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.
- GlobeNewswire•last month
Prospect Capital Announces Pricing of $90.0 Million of 4.95% Convertible Notes due 2022
Prospect Capital Corporation (PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $90.0 million in aggregate principal amount of senior unsecured 4.95% Convertible Notes Due 2022 (the “Notes”). Prospect has also granted the underwriter of the Notes an option to purchase up to an additional $13.5 million in aggregate principal amount of the Notes to cover over-allotments. The Notes will be a further issuance of the 4.95% Convertible Notes due 2022 that Prospect issued on April 11, 2017 in the aggregate principal amount of $225,000,000 (the "existing 4.95% Convertible Notes”).
- GlobeNewswire•last month
Prospect Capital Announces Public Offering of Convertible Notes due 2022
Prospect Capital Corporation (PSEC) (“Prospect”, “our”, or “we”) today announced that it is offering, subject to market and other conditions, senior unsecured convertible notes due 2022 (the “Notes”) in an underwritten public offering. The Notes will be a further issuance of the 4.95% Convertible Notes due 2022 that Prospect issued on April 11, 2017 in the aggregate principal amount of $225,000,000 (the “existing 4.95% Convertible Notes”). The Notes will be treated as a single series with the existing 4.95% Convertible Notes under the indenture and will have the same terms as the existing 4.95% Convertible Notes.
- Market Realist•last month
What Are Analysts Saying about Prospect Capital?
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.
Market Realist•last monthA Look at Prospect Capital’s Total Investments
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.
- Market Realist•last month
Prospect’s Total Investment Income Fell Year-over-Year
On May 9, Prospect Capital (PSEC) published its fiscal 3Q18 earnings for the period that ended on March 31. Its total investment income amounted to $162.8 million in fiscal 3Q18 compared to $171 million in fiscal 3Q17. This fall was mainly the result of a fall in its interest income as well as a fall in its structured credit investment returns.
Market Realist•2 months agoProspect’s Fiscal 3Q18 Results Beat Estimates
Prospect Capital Corporation (PSEC) released its earnings report for fiscal 3Q18 on May 9. The results were for the quarter that ended on March 31. The company reported net investment income or NII of $0.19 per share, while Wall Street analysts were expecting it to report $0.18. The quarter’s NII represents a decline sequentially as well as on a year-over-year or YoY basis.
- Associated Press•2 months ago
Prospect Capital: Fiscal 3Q Earnings Snapshot
On a per-share basis, the New York-based company said it had net income of 14 cents. Earnings, adjusted for investment costs, were 19 cents per share. The business development company posted revenue of ...
- GlobeNewswire•2 months ago
Prospect Capital Reports March 2018 Quarterly Results and Declares Additional Monthly Distributions
NEW YORK, May 09, 2018-- Prospect Capital Corporation today announced financial results for our third fiscal quarter ended March 31, 2018.. For the March 2018 quarter, we earned net investment income of ...
Markit•2 months agoSee what the IHS Markit Score report has to say about Prospect Capital Corp.
Prospect Capital Corp NASDAQ/NGS:PSEC
