PSEC / Prospect Capital: A Value Trap

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 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

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

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 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

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 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) 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