Blackrock Capital Investment Corp (NASDAQ:BKCC) Receiving Somewhat Favorable Media Coverage, Accern Reports
News coverage about Blackrock Capital Investment Corp (NASDAQ:BKCC) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackrock Capital Investment Corp earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 47.2976267578485 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Ares Capital Corporation Missed Analysts’ Estimates in 2Q17 (finance.yahoo.com)
- BlackRock Capital Investment Corporation (BKCC) to Post FY2017 Earnings of $0.65 Per Share, DA Davidson Forecasts (americanbankingnews.com)
- Edited Transcript of BKCC earnings conference call or presentation 3-Aug-17 2:00pm GMT (finance.yahoo.com)
- BlackRock Capital’s (BKCC) CEO Michael Zugay on Q2 2017 Results – Earnings Call Transcript – Seeking Alpha (seekingalpha.com)
- Research Analysts Set Expectations for BlackRock Capital Investment Corporation’s Q3 2017 Earnings (BKCC) (americanbankingnews.com)
BKCC has been the topic of several analyst reports. Zacks Investment Research cut shares of Blackrock Capital Investment Corp from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Keefe, Bruyette & Woods set a $8.00 target price on shares of Blackrock Capital Investment Corp and gave the company a “hold” rating in a report on Monday, April 10th. ValuEngine cut shares of Blackrock Capital Investment Corp from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. Finally, BidaskClub cut shares of Blackrock Capital Investment Corp from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th.
Shares of Blackrock Capital Investment Corp (NASDAQ BKCC) opened at 7.56 on Tuesday. The stock has a 50 day moving average of $7.55 and a 200-day moving average of $7.51. Blackrock Capital Investment Corp has a one year low of $6.75 and a one year high of $8.87.
Blackrock Capital Investment Corp (NASDAQ:BKCC) last released its quarterly earnings results on Wednesday, August 2nd. The asset manager reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.02. Blackrock Capital Investment Corp had a return on equity of 11.29% and a net margin of 67.25%. The firm had revenue of $25.24 million for the quarter, compared to analysts’ expectations of $24.94 million. During the same quarter last year, the firm posted $0.30 earnings per share. Analysts predict that Blackrock Capital Investment Corp will post $0.81 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Monday, September 18th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 9.52%. The ex-dividend date of this dividend is Friday, September 15th. Blackrock Capital Investment Corp’s dividend payout ratio (DPR) is presently -1,028.57%.
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Blackrock Capital Investment Corp Company Profile
BlackRock Capital Investment Corporation is an externally-managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.
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