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.
The current price of PSEC is $2.76 USD — it has decreased by -0.36% in the past 24 hours. Watch Prospect Capital stock price performance more closely on the chart.
What is Prospect Capital stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Prospect Capital stocks are traded under the ticker PSEC.
Is Prospect Capital stock price growing?▼
PSEC stock has fallen by -1.24% compared to the previous week, the month change is a +6.7% rise, over the last year Prospect Capital has showed a -35.23% decrease.
What were Prospect Capital earnings last quarter?▼
PSEC earnings for the last quarter are 0.17 USD per share, whereas the estimation was 0.13 USD resulting in a +30.77% surprise. The estimated earnings for the next quarter are N/A USD per share.
What is Prospect Capital revenue for the last year?▼
Prospect Capital revenue for the last year amounts to 631.16M USD.
What is Prospect Capital net income for the last year?▼
PSEC net income for the last year is 582.58M USD.
Does Prospect Capital pay dividends?▼
Yes, PSEC dividends are paid monthly. The last dividend per share was 0.05 USD. As of today, Dividend Yield (FWD)% is 19.49%.
In which sector is Prospect Capital located?▼
Prospect Capital operates in the Financials sector.
When did Prospect Capital complete a stock split?▼
Prospect Capital has not had any recent stock splits.
Where is Prospect Capital headquartered?▼
Prospect Capital is headquartered in New York, US.