Financial Services -
Asset Management - NASDAQ - US
$ 3.52
-4.86 %
$ 1.56 B
Market Cap
-16.76
P/E
1. INTRINSIC VALUE
Balance Sheet
Prospect Capital Corporation
| Current Assets | 116 M |
| Cash & Short-Term Investments | 85.9 M |
| Receivables | 28.8 M |
| Other Current Assets | 1.16 M |
| Non-Current Assets | 10.5 B |
| Long-Term Investments | 7.72 B |
| PP&E | 0 |
| Other Non-Current Assets | 2.82 B |
| Current Liabilities | 156 M |
| Accounts Payable | 47.1 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 108 M |
| Non-Current Liabilities | 2.43 B |
| Long-Term Debt | 2.43 B |
| Other Non-Current Liabilities | 242 K |
EFFICIENCY
Earnings Waterfall
Prospect Capital Corporation
| Revenue | 770 M |
| Cost Of Revenue | -91.4 M |
| Gross Profit | 862 M |
| Operating Expenses | 282 M |
| Operating Income | 580 M |
| Other Expenses | 317 M |
| Net Income | 263 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Prospect Capital Corporation
| Net Income | 263 M |
| Depreciation & Amortization | -580 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -132 K |
| Others | 17.1 M |
| Free Cash Flow | 280 M |
Wall Street Analysts Price Targets
Prospect Capital Corporation
Wall Street analysts predict an average 1-year price target for PSEC of $4.5 , with forecasts ranging from
a
low of
$4.5 to a high of $4.5 .
PSEC Lowest Price Target
Wall Street Target
4.5 USD
27.84%
PSEC Average Price Target
Wall Street Target
4.5 USD
27.84%
PSEC Highest Price Target
Wall Street Target
4.5 USD
27.84%
4. DIVIDEND
ANALYSIS
4.74%
DIVIDEND YIELD
0.045 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Prospect Capital 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
13.3 M USD 2
0-3 MONTHS
38.5 M USD 3
3-6 MONTHS
16.2 M USD 3
6-9 MONTHS
4.47 M USD 2
9-12 MONTHS
7. News
Prospect Capital's Credit Ratings Reaffirmed Investment Grade by Egan-Jones Ratings Company
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", “our”, or “we”) today announced that Egan-Jones Ratings Company ("Egan-Jones") has reaffirmed Prospect's investment grade issuer and institutional notes credit ratings at BBB, and preferred stock credit ratings at BBB-.
globenewswire.com
- 2 weeks ago
BDC Weekly Review: PSEC Gets More Bad Press
We take a look at the action in business development companies through the third week of March and highlight some of the key themes we are watching. BDCs saw a 2% total return this week, but March is shaping up to be the worst month since late 2023. A recent Bloomberg article discussed PSEC culture and outsider status.
seekingalpha.com
- 3 weeks ago
Prospect Capital's Credit Ratings Reaffirmed Investment Grade by Morningstar DBRS with Stable Trend
NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", “our”, or “we”) today announced that Morningstar DBRS ("DBRS") has reaffirmed Prospect's investment grade issuer and long term senior debt credit ratings at BBB(low), and assigned a revised trend of Stable.
globenewswire.com
- 3 weeks ago
Prospect Capital Repays March 2025 Bond and Achieves Track Record of $4.7 Billion in Cumulative Principal Bond Repayments During More Than 20 Year History
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced the full and timely repayment of our convertible bond due March 2025, marking another milestone in Prospect's long-standing track record of responsible and low debt leverage balance sheet management.
globenewswire.com
- 3 weeks ago
Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers
Since May 2017, reader-selected dividend-paying stocks have been featured, with valuable reader feedback improving accuracy and direction. My Dogs of The Week portfolios are available for Dividend Dogcatcher subscribers, with detailed summaries and reference guides listed by date. I prioritize stocks whose dividends from $1K invested exceed their single share price, categorizing them as "cash rich" or "cash poor".
seekingalpha.com
- 1 month ago
R-V Industries' to Participate in Several Upcoming Industry Events
HONEY BROOK, Pa., March 19, 2025 (GLOBE NEWSWIRE) -- R-V will be participating in several upcoming industry events. Ackley, Beta Star, Genesis, and R.W. Hartnett will be exhibitors at the Interphex trade show April 1-3 in New York City. Ackley and R.W. Hartnett will be exhibiting at the CPHI show October 28-30 in Frankfurt, Germany. Having four of its brands at the world's biggest pharma-centric trade shows demonstrates R-V's emergence as a significant player across the pharmaceutical landscape and is indicative of a company-wide commitment to manufacturing excellence, regardless of the industry.
globenewswire.com
- 1 month ago
Priority Income Fund Announces 13.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for March 2025 through May 2025
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for March 2025, April 2025 and May 2025.
globenewswire.com
- 1 month ago
Priority Income Fund Announces Declaration of Preferred Stock Distributions for March 2025
NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared distributions on shares of the Fund's 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.625% Series F Term Preferred Stock due 2027 (“Series F”), 6.000% Series H Term Preferred Stock due 2026 (“Series H”), 6.125% Series I Term Preferred Stock due 2028 (“Series I”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).
globenewswire.com
- 1 month ago
Prospect Capital Corporation Releases Updated Prospect Highlights
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced an updated “Prospect Highlights” has been posted to Prospect's website.
globenewswire.com
- 1 month ago
Mity Inc. Announces Successful Launch of Traversa Non-Emergency Medical Transport Chair
OREM, Utah, March 10, 2025 (GLOBE NEWSWIRE) -- Mity Inc. announces that sales of its new Traversa chair serving the non-emergency medical transport ("NEMT") market have topped $1.6 million since introduction in early 2024.
globenewswire.com
- 1 month ago
Valley Electric Received Three Separate Awards for Excellence in Engineering, Design and Sustainability
EVERETT, Wash., March 10, 2025 (GLOBE NEWSWIRE) -- Within the first two months of 2025, Valley Electric has been honored to receive three separate awards for excellence in Engineering, Design and Sustainability.
globenewswire.com
- 1 month ago
Druid City Vital Care Recognized at Vital Care Infusion Services Annual Conference
TUSCALOOSA, Ala., March 10, 2025 (GLOBE NEWSWIRE) -- Druid City Vital Care (“Druid City”) was recently recognized at the Vital Care Infusion Services annual conference in Orlando, FL. Three locations -- Tuscaloosa, AL, Tupelo, MS, and North Augusta, SC -- each received Top Gun awards for performance. The Memphis location won the Fast Starter award for the most revenue in their first year. Tuscaloosa was recognized as the #1 franchise in the Vital Care franchisee network for 2023 and 2024, and achieved the milestone of being the first Vital Care site to ever exceed $100 million in receipts for a calendar year.
globenewswire.com
- 1 month ago
8. Profile
Summary
Prospect Capital Corporation PSEC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 1.56 B
Dividend Yield
4.74%
Description
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.
Contact
10 East 40th Street, New York, NY, 10016
https://www.prospectstreet.com
IPO
Date
July 27, 2004
Employees
None
Officers
Mr. Jonathan Jung-Hsi Li J.D.
Deputy General Counsel
Ms. Daria Becker
Head of Administration
Mr. David L. Belzer
Managing Director
Ms. Trisha Blackman
Senior Vice President of Administration, Head of Human Resources & Deputy Chief Compliance Officer
Ms. Kristin Lea Van Dask CPA
Chief Financial Officer, Treasurer, Secretary & Chief Compliance Officer
Ms. Alexandra Krasinets CPA
Vice President of Accounting
Mr. Bart J. deBie J.D.
Managing Director
Mr. Michael Grier Eliasek
President, Chief Operating Officer & Director
Mr. John Francis Barry III, J.D.
Chairman of the Board & Chief Executive Officer
Mr. Al Faella
Chief Technology Officer