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PSEC / Prospect Capital: Still Arranging The Deck Chairs

Prospect Capital: Still Arranging The Deck Chairs
Prospect Capital Corporation reported results yesterday but has delayed its 10-K filing likely for the reason discussed below. Prospect Capital is currently trading at the lowest multiple of NAV (35% discount) due to being a lower-quality business development company with upcoming losses from additional credit issues. Also, Prospect Capital has the highest expense ratio, which is one of the many reasons that it is one of a handful of BDCs with no dividend increases. Read More
Posted: Aug 30 2023, 10:42
Author Name: Seeking Alpha
Views: 112510

PSEC News  

Prospect Capital: Recent Price Drop Finally Makes This A Buy

By Seeking Alpha
November 1, 2023

Prospect Capital: Recent Price Drop Finally Makes This A Buy

Prospect Capital offers a monthly dividend distribution yielding over 13% but lacks growth and has seen a 25% decline in stock price YTD. PSEC's net i more_horizontal

Prospect Capital: What's With The 35% Discount To NAV And 12% Dividend Yield?

By Seeking Alpha
October 2, 2023

Prospect Capital: What's With The 35% Discount To NAV And 12% Dividend Yield?

Prospect Capital stock is currently trading at a 35% discount to its net asset value. This is as non-performing loans remain low and it sports a 12% d more_horizontal

BDC Weekly Review: BDCs Are Taking Over Debt Refinancings

By Seeking Alpha
September 30, 2023

BDC Weekly Review: BDCs Are Taking Over Debt Refinancings

We take a look at the action in business development companies through the fourth week of September and highlight some of the key themes we are watchi more_horizontal

Prospect Capital Corporation: A Gold Nugget or Value Trap?

By MarketBeat
September 22, 2023

Prospect Capital Corporation: A Gold Nugget or Value Trap?

Whether or not Prospect Capital Corporation NASDAQ: PSEC is a gold nugget or value trap depends on your objective. If you are looking for capital appr more_horizontal

Prospect Capital Corp: I Am Now Aggressively Acquiring This 12% Yielding BDC (Upgrade)

By Seeking Alpha
September 11, 2023

Prospect Capital Corp: I Am Now Aggressively Acquiring This 12% Yielding BDC (Upgrade)

Prospect Capital is currently trading at a 35% discount to its net asset value, making it an attractive option for passive income investors. The compa more_horizontal

Down -5.23% in 4 Weeks, Here's Why You Should You Buy the Dip in Prospect Capital (PSEC)

By Zacks Investment Research
September 6, 2023

Down -5.23% in 4 Weeks, Here's Why You Should You Buy the Dip in Prospect Capital (PSEC)

Prospect Capital (PSEC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined wit more_horizontal

Prospect Capital: Still Arranging The Deck Chairs

By Seeking Alpha
August 30, 2023

Prospect Capital: Still Arranging The Deck Chairs

Prospect Capital Corporation reported results yesterday but has delayed its 10-K filing likely for the reason discussed below. Prospect Capital is cur more_horizontal

Prospect Capital (PSEC) Beats Q4 Earnings and Revenue Estimates

By Zacks Investment Research
August 29, 2023

Prospect Capital (PSEC) Beats Q4 Earnings and Revenue Estimates

Prospect Capital (PSEC) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to more_horizontal


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