In the latest trading session,, 1.82 million Prospect Capital Corp (NASDAQ:PSEC) shares changed hands as the company’s beta touched 0.92. With the company’s most recent per share price at $3.60 changed hands at -$0.09 or -2.44% at last look, the market valuation stands at $1.60B. PSEC’s current price is a discount, trading about -58.89% off its 52-week high of $5.72. The share price had its 52-week low at $3.39, which suggests the last value was 5.83% up since then. When we look at Prospect Capital Corp’s average trading volume, we note the 10-day average is 2.67 million shares, with the 3-month average coming to 3.00 million.
Analysts gave the Prospect Capital Corp (PSEC) stock a consensus recommendation rating of Sell. If we narrow down to specifics, the data shows that 1 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PSEC as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Prospect Capital Corp’s EPS for the current quarter is expected to be 0.14.
Prospect Capital Corp (NASDAQ:PSEC) trade information
Instantly PSEC was in red as seen in intraday trades today. With action 1.12%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -16.47%, with the 5-day performance at 1.12% in the green. However, in the 30-day time frame, Prospect Capital Corp (NASDAQ:PSEC) is -12.52% down. Looking at the short shares, we see there were 22.54 million shares sold at short interest cover period of 6.3 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4.5, meaning bulls need an upside of 20.0% from its recent market value. According to analyst projections, PSEC’s forecast low is 4.5 with 4.5 as the target high. To hit the forecast high, the stock’s price needs a -25.0% plunge from its current level, while the stock would need to soar -25.0% for it to hit the projected low.
Prospect Capital Corp (PSEC) estimates and forecasts
Year-over-year growth is forecast to reach -15.58% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 174.29M. 1 analysts are of the opinion that Prospect Capital Corp’s revenue for the current quarter will be 171.35M. The company’s revenue for the corresponding quarters a year ago was 202.22M and 212.26M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.81%. The estimates for the next quarter sales put growth at -19.27%.
The 2025 estimates are for Prospect Capital Corp earnings to decrease by -45.10%.
PSEC Dividends
Prospect Capital Corp is expected to release its next quarterly earnings report on 2025-Feb-09. The 17.92% annual yield figure for the share gives it an annual dividend of 0.65. It is important to note, however, that the 17.92% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 11.69 per year.
Prospect Capital Corp (NASDAQ:PSEC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 28.48% of Prospect Capital Corp shares while 10.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 15.08%. There are 10.78% institutions holding the Prospect Capital Corp stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 1.7062% of the shares, roughly 7.25 million PSEC shares worth $40.09 million.
Y.D. MORE INVESTMENTS LTD holds the second largest percentage of outstanding shares, with 1.1917% or 5.06 million shares worth $29.06 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VanEck ETF Trust-VanEck BDC Income ETF and Listed Funds Trust-TrueShares Active Yield ETF . With 7.91 shares estimated at $28.44 million under it, the former controlled 1.77% of total outstanding shares. On the other hand, Listed Funds Trust-TrueShares Active Yield ETF held about 0.11% of the shares, roughly 501.92 shares worth around $1.8 million.
