News coverage about KCAP Financial (NASDAQ:KCAP) has trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. KCAP Financial earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 48.1274096184704 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of NASDAQ KCAP traded up $0.01 during trading on Friday, hitting $3.23. The company had a trading volume of 109,705 shares, compared to its average volume of 86,668. The stock has a market capitalization of $120.29 million, a P/E ratio of 10.77 and a beta of 1.63. KCAP Financial has a 52 week low of $2.91 and a 52 week high of $4.00. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.51 and a current ratio of 2.51.
KCAP Financial (NASDAQ:KCAP) last posted its quarterly earnings results on Wednesday, August 1st. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.07. KCAP Financial had a return on equity of 5.63% and a net margin of 6.71%. The company had revenue of $6.85 million for the quarter. research analysts forecast that KCAP Financial will post 0.28 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 26th. Shareholders of record on Friday, July 6th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 12.38%. The ex-dividend date of this dividend was Thursday, July 5th. KCAP Financial’s payout ratio is 133.33%.
A number of research firms have recently weighed in on KCAP. Keefe, Bruyette & Woods set a $3.00 price target on KCAP Financial and gave the company a “hold” rating in a report on Thursday, August 2nd. Zacks Investment Research raised KCAP Financial from a “sell” rating to a “hold” rating in a report on Thursday, July 26th. Finally, ValuEngine cut KCAP Financial from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd.
KCAP Financial Company Profile
KCAP Financial, Inc is a business development company specializing in investments in debt securities portfolio, asset manager affiliates, and CLO fund securities. The firm prefers to invest in senior secured term loans, mezzanine debt, and equity securities primarily in privately-held middle market, and buyout companies.
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