Fidus Investment (NASDAQ:FDUS – Get Free Report) issued its quarterly earnings data on Thursday. The asset manager reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50, FiscalAI reports. The firm had revenue of $32.55 million for the quarter, compared to analysts’ expectations of $42.37 million. Fidus Investment had a net margin of 45.36% and a return on equity of 10.90%.
Fidus Investment Stock Performance
Shares of NASDAQ FDUS traded down $0.23 during trading on Friday, reaching $20.35. The company had a trading volume of 1,646,890 shares, compared to its average volume of 259,980. Fidus Investment has a 52 week low of $16.86 and a 52 week high of $21.67. The stock has a market cap of $772.28 million, a PE ratio of 9.74 and a beta of 0.67. The business’s 50 day moving average price is $19.33 and its 200-day moving average price is $18.79.
Fidus Investment Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 8.5%. Fidus Investment’s payout ratio is currently 75.44%.
Institutional Trading of Fidus Investment
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $19.50 target price on shares of Fidus Investment in a report on Monday, July 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Fidus Investment in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.00.
View Our Latest Stock Analysis on Fidus Investment
Fidus Investment Company Profile
Fidus Investment Corporation (NASDAQ: FDUS) is a closed-end, externally managed business development company (BDC) that provides specialized financing solutions to U.S. middle-market companies. Operated by Fidus Investment Advisors, LLC, a registered investment adviser, the company is regulated under the Investment Company Act of 1940 and trades on the Nasdaq Capital Market.
The firm focuses on structuring senior secured and unitranche loans, mezzanine debt and equity investments for established businesses across a range of industries.
Featured Stories
- Five stocks we like better than Fidus Investment
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Fidus Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidus Investment and related companies with MarketBeat.com's FREE daily email newsletter.
