Financial Services -
Asset Management - NASDAQ - US
$ 17.74
-5.64 %
$ 616 M
Market Cap
7.39
P/E
1. INTRINSIC VALUE
Balance Sheet
Fidus Investment Corporation
| Current Assets | 72.3 B |
| Cash & Short-Term Investments | 57.2 B |
| Receivables | 15.1 B |
| Other Current Assets | 0 |
| Non-Current Assets | 1.09 B |
| Long-Term Investments | 1.09 B |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 1.85 B |
| Accounts Payable | 5.78 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 1.84 B |
| Non-Current Liabilities | 507 B |
| Long-Term Debt | 169 B |
| Other Non-Current Liabilities | 338 B |
EFFICIENCY
Earnings Waterfall
Fidus Investment Corporation
| Revenue | 123 B |
| Cost Of Revenue | 0 |
| Gross Profit | 123 B |
| Operating Expenses | 91.4 M |
| Operating Income | 119 B |
| Other Expenses | 119 B |
| Net Income | 78.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Fidus Investment Corporation
| Net Income | 78.3 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -3.66 M |
| Others | -55.3 M |
| Free Cash Flow | -55.3 M |
Wall Street Analysts Price Targets
Fidus Investment Corporation
FDUS has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.90%
DIVIDEND YIELD
0.54 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Fidus Investment Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Volatile Times But Stable Retirement Income: 1 BDC And 1 REIT To Buy
My core strategy focuses on high-quality, durable income streams, which are now benefiting from the current market conditions favoring value/income-based investing. Income investors may finally outperform growth-tilted indices due to macro-level factors muting growth expectations and emphasizing quality and defense. Yet, we have to still be careful of not falling into value traps and securities that have a thin margin of safety on their dividend fronts.
seekingalpha.com
- 2 weeks ago
How To Navigate BDC Investing In Lower Interest Rate Environment
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of 1.0x, cannot fully offset lower rates through floating leverage. However, there are some ways to manage this situation.
seekingalpha.com
- 2 weeks ago
Worried About BDC Dividends? Consider These 3 For Durable Income
BDC dividend investors, who want to avoid seeing their portfolio current income streams shrink have to be extra careful when picking BDCs. Largely due to unfavorable sector-wide conditions, many BDCs have already cut their dividends (just as I predicted). In my view, there are many more in line.
seekingalpha.com
- 3 weeks ago
My BDC Portfolio And The Strategy For Alpha Going Forward
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis, the portfolio is slightly down.
seekingalpha.com
- 3 weeks ago
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Currently, BDCs face several headwinds, which increase the risk of dividend cuts and price declines, especially within the more speculative and high-multiple segments.
seekingalpha.com
- 4 weeks ago
BDC Weekly Review: Underperformers Remain Expensive
We take a look at the action in business development companies through the second week of March and highlight some of the key themes we are watching. BDCs enjoyed a sharp rally late in the week, but still ended down 2.5%. FSK and MFIC once again delivered below-average results, trading at decent discounts but not enough to justify allocation.
seekingalpha.com
- 4 weeks ago
Fidus Investment: Good Results, But Wait For Better Entry Point
Fidus Investment delivered a 2.8% total NAV return in Q4, outperforming other BDCs in our coverage. Q4 adjusted net income fell to $0.54 due to a drop in SOFR, temporary income dilution from share issuance, and an excise tax charge. FDUS declared a total dividend of $0.54 for Q3, with a managed dividend policy causing potential volatility in total dividends quarter-to-quarter.
seekingalpha.com
- 4 weeks ago
BDC Weekly Review: A Mystery On The Horizon
We take a look at the action in business development companies through the first week of March and highlight some of the key themes we are watching. BDCs had a tough week despite a strong finish on the back of increased market volatility and worsening risk sentiment. Horizon Tech Finance delivered a negative 3.5% total NAV return in Q4, continuing its trend of underperformance, yet it trades at a premium.
seekingalpha.com
- 1 month ago
Fidus Investment Corporation Prices Public Offering of $100 Million of 6.750% Notes Due 2030
EVANSTON, Ill., March 12, 2025 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it has priced an underwritten public offering of $100 million aggregate principal amount of 6.750% notes due 2030 (the “Notes”).
globenewswire.com
- 1 month ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
seekingalpha.com
- 1 month ago
Fidus Investment: Strong Dividend Coverage But Lacks Growth (Rating Downgrade)
Fidus Investment offers a strong dividend yield of 10.5%, supported by robust earnings and low non-accrual rates, making it attractive for income-focused investors. Despite recent price growth, FDUS trades at a slight premium to NAV, but NAV growth has been weak, raising concerns about overvaluation. The portfolio is diversified but heavily weighted towards Information Technology and Business Services, with a significant portion in secured debt, providing a defensive investment structure.
seekingalpha.com
- 1 month ago
Fidus Investment (FDUS) Q4 2024 Earnings Call Transcript
Fidus Investment Corporation (NASDAQ:FDUS ) Q4 2024 Earnings Conference Call March 7, 2025 9:00 AM ET Company Participants Ed Ross - Chairman, Chief Executive Officer Shelby Sherard - Chief Financial Officer Jody Burfening - Alliance Investors IR Conference Call Participants Mickey Schleien - Ladenburg Thalmann Sean-Paul Adams - Raymond James Operator Good day and welcome to the Fidus fourth quarter 2024 earnings conference call. All participants will be in listen-only mode.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Fidus Investment Corporation FDUS
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 616 M
Dividend Yield
2.90%
Description
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Contact
1603 Orrington Avenue, Evanston, IL, 60201
https://www.fdus.com
IPO
Date
June 21, 2011
Employees
None
Officers
Ms. Jody Burfening
Investor Relations Contact
Ms. Shelby Elizabeth Sherard CPA
Chief Financial Officer, Chief Compliance Officer & Corporate Secretary
Mr. Thomas J. Steiglehner J.D.
Managing Director
Mr. William Andrew Worth
Managing Director
Mr. Thomas C. Lauer
President, MD & Director
Mr. Edward H. Ross
Chairman of the Board & Chief Executive Officer
Ms. Amanda Armstrong
Accounting Manager
Mr. John Joseph Ross II
Managing Director
Mr. Craig J. Petrusha
Managing Director
Mr. Michael J. Miller
MD & Head of Business Development