Prospect Capital Stock Today
| PSEC Stock | USD 5.47 0.05 0.92% |
Performance0 of 100
| Odds Of DistressOver 51
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Prospect Capital is trading at 5.47 as of the 19th of April 2024, a 0.92 percent increase since the beginning of the trading day. The stock's open price was 5.42. Prospect Capital has 51 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Prospect Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 27th of July 2004 | Classification Financials |
Prospect Capital Corporation is a business development company. The fund focuses on sole, agented, club, or syndicated deals. Prospect Capital operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. The company has 415.21 M outstanding shares of which 23.36 M shares are at this time shorted by private and institutional investors with about 11.16 trading days to cover. More on Prospect Capital
Moving against Prospect Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Prospect Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Prospect Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Prospect Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | John Barry | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Prairie Storm Resources Corp | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Prospect Capital report their recommendations after researching Prospect Capital's financial statements, talking to executives and customers, or listening in on Prospect Capital's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Prospect Capital. The Prospect consensus assessment is calculated by taking the average forecast from all of the analysts covering Prospect Capital. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Prospect Capital's profitability, liquidity, and operating efficiency, Prospect Capital may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Prospect Capital is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Prospect Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Prospect Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Prospect Capital's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Prospect Capital's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Prospect Capital's financial leverage. It provides some insight into what part of Prospect Capital's total assets is financed by creditors.
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Prospect Capital (PSEC) is traded on NASDAQ Exchange in USA. It is located in 10 East 40th Street, New York, NY, United States, 10016 and employs 20 people. Prospect Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Prospect Capital's market, we take the total number of its shares issued and multiply it by Prospect Capital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Prospect Capital conducts business under Capital Markets sector and is part of Financials industry. The entity has 415.21 M outstanding shares of which 23.36 M shares are at this time shorted by private and institutional investors with about 11.16 trading days to cover.
Prospect Capital currently holds about 43.4 M in cash with (220.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Check Prospect Capital Probability Of Bankruptcy
Ownership AllocationProspect Capital owns a total of 415.21 Million outstanding shares. Prospect Capital has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Prospect Ownership Details
Prospect Stock Price Odds Analysis
What are Prospect Capital's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Prospect Capital jumping above the current price in 90 days from now is about 67.36%. The Prospect Capital probability density function shows the probability of Prospect Capital stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Prospect Capital has a beta of 0.8098 indicating as returns on the market go up, Prospect Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prospect Capital will be expected to be much smaller as well. Additionally, prospect Capital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Prospect Capital to move above the current price in 90 days from now is about 67.36 (This Prospect Capital probability density function shows the probability of Prospect Stock to fall within a particular range of prices over 90 days) .
Prospect Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Prospect Capital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Prospect Capital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Prospect Capital's value.| Instituion | Recorded On | Shares | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 774.6 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 708.5 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 650.9 K | |
| Two Sigma Investments Llc | 2023-12-31 | 605 K | |
| Raymond James & Associates | 2023-12-31 | 585.9 K | |
| First Republic Inv Mgmt Inc | 2023-09-30 | 567.8 K | |
| Millennium Management Llc | 2023-12-31 | 456.4 K | |
| Advisors Asset Management | 2023-12-31 | 450.4 K | |
| Mckinley Capital Management Llc | 2023-12-31 | 421.5 K | |
| Van Eck Associates Corporation | 2023-12-31 | 6.2 M | |
| Legal & General Group Plc | 2023-12-31 | 3.2 M |
Prospect Capital Historical Income Statement
Prospect Capital Income Statement is one of the three primary financial statements used for reporting Prospect's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Prospect Capital revenue and expense. Prospect Capital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Prospect Capital's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 520.8 M, whereas Depreciation And Amortization is projected to grow to (471 M). View More FundamentalsProspect Stock Against Markets
Picking the right benchmark for Prospect Capital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Prospect Capital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Prospect Capital is critical whether you are bullish or bearish towards Prospect Capital at a given time. Please also check how Prospect Capital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Prospect Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Prospect Capital Corporate Directors
Prospect Capital corporate directors refer to members of a Prospect Capital board of directors. The board of directors generally takes responsibility for the Prospect Capital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Prospect Capital's board members must vote for the resolution. The Prospect Capital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Cooper | Independent Director | Profile | |
| Eugene Stark | Independent Director | Profile | |
| William Gremp | Independent Director | Profile | |
| David Moszer | Managing Director | Profile |
How to buy Prospect Stock?
Before investing in Prospect Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Prospect Capital. To buy Prospect Capital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Prospect Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Prospect Capital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Prospect Capital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Prospect Capital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Prospect Capital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Prospect Stock please use our How to Invest in Prospect Capital guide.
Already Invested in Prospect Capital?
The danger of trading Prospect Capital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Prospect Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Prospect Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Prospect Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prospect Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.Note that the Prospect Capital information on this page should be used as a complementary analysis to other Prospect Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Prospect Stock analysis
When running Prospect Capital's price analysis, check to measure Prospect Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prospect Capital is operating at the current time. Most of Prospect Capital's value examination focuses on studying past and present price action to predict the probability of Prospect Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prospect Capital's price. Additionally, you may evaluate how the addition of Prospect Capital to your portfolios can decrease your overall portfolio volatility.
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Is Prospect Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prospect Capital. If investors know Prospect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prospect Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.72 | Earnings Share (0.20) | Revenue Per Share 2.183 | Quarterly Revenue Growth (0.01) |
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.