$0.19 EPS Expected for Prospect Capital Corporation (PSEC)

November 4, 2017 – By Louis Casey

Investors sentiment decreased to 1.15 in 2017 Q2. Its down 0.14, from 1.29 in 2017Q1. It turned negative, as 25 investors sold Prospect Capital Corporation shares while 48 reduced holdings. 24 funds opened positions while 60 raised stakes. 51.61 million shares or 4.98% less from 54.32 million shares in 2017Q1 were reported.
Trustmark Comml Bank Tru Department has 0.34% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 357,341 shares. Sei Invs invested in 2,109 shares. Verition Fund Mngmt Ltd Liability Company reported 25,520 shares. Robeco Institutional Asset Mngmt Bv has 241,859 shares. Vantage Investment Advisors Ltd Com has 1,000 shares for 0% of their portfolio. Pinebridge Invs Lp holds 74,829 shares. Moody Commercial Bank Tru Division has 0.02% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 47,600 shares. Citigroup, New York-based fund reported 29,532 shares. Highlander Capital Mgmt Ltd Liability owns 39,000 shares. 46,566 were reported by Americafirst Capital Limited Liability Company. Bb&T Securities Ltd stated it has 0% in Prospect Capital Corporation (NASDAQ:PSEC). Oppenheimer &, New York-based fund reported 57,401 shares. Bessemer Group Inc reported 2,268 shares. Illinois-based Lsv Asset Mngmt has invested 0.02% in Prospect Capital Corporation (NASDAQ:PSEC). Jpmorgan Chase Com reported 22,211 shares.

Since May 12, 2017, it had 1 buy, and 0 selling transactions for $35,847 activity.

Analysts expect Prospect Capital Corporation (NASDAQ:PSEC) to report $0.19 EPS on November, 14.They anticipate $0.03 EPS change or 13.64 % from last quarter’s $0.22 EPS. PSEC’s profit would be $68.60 million giving it 7.43 P/E if the $0.19 EPS is correct. After having $0.19 EPS previously, Prospect Capital Corporation’s analysts see 0.00 % EPS growth. The stock increased 1.62% or $0.09 on November 3, reaching $5.65. About 4.22M shares traded or 33.54% up from the average. Prospect Capital Corporation (NASDAQ:PSEC) has risen 10.36% since November 5, 2016 and is uptrending. It has underperformed by 6.34% the S&P500.

Prospect Capital Corporation (NASDAQ:PSEC) Ratings Coverage

Among 9 analysts covering Prospect Capital Corporation (NASDAQ:PSEC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Prospect Capital Corporation had 15 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of Prospect Capital Corporation (NASDAQ:PSEC) earned “Underperform” rating by Wells Fargo on Monday, January 11. The rating was maintained by FBR Capital with “Outperform” on Wednesday, August 31. The rating was initiated by National Securities with “Neutral” on Friday, January 29. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, August 23. The firm earned “Market Perform” rating on Thursday, May 11 by FBR Capital. Raymond James upgraded the stock to “Market Perform” rating in Wednesday, August 30 report. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, May 31 report. Deutsche Bank downgraded Prospect Capital Corporation (NASDAQ:PSEC) on Thursday, April 28 to “Hold” rating. BMO Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, February 11.

Prospect Capital Corporation is a financial services company. The company has market cap of $2.04 billion. The Firm primarily lends to and invests in middle market privately held companies. It has a 8.01 P/E ratio. The Firm is a closed-end investment company.

More notable recent Prospect Capital Corporation (NASDAQ:PSEC) news were published by: Globenewswire.com which released: “Prospect Capital Schedules First Quarter Earnings Release and Conference Call” on October 31, 2017, also Seekingalpha.com with their article: “Don’t Believe The Hype – You Can Make Money With Prospect Capital” published on October 13, 2017, Seekingalpha.com published: “This Dividend Dog Now Sells For A 28% Discount To NAV And Its Stock Yields 10.8%” on September 18, 2017. More interesting news about Prospect Capital Corporation (NASDAQ:PSEC) were released by: Seekingalpha.com and their article: “Prospect Capital: Unsafe At Any Price” published on October 31, 2017 as well as Seekingalpha.com‘s news article titled: “Prospect Capital: Opening A Long Position” with publication date: October 30, 2017.