Solar Senior Capital (SUNS) Receives Coverage Optimism Rating of 0.16
News stories about Solar Senior Capital (NASDAQ:SUNS) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Solar Senior Capital earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 48.313651267408 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Solar Senior Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. BidaskClub cut shares of Solar Senior Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th.
Shares of Solar Senior Capital (NASDAQ SUNS) opened at $17.80 on Friday. The stock has a market cap of $290.07, a PE ratio of 12.92, a price-to-earnings-growth ratio of 2.57 and a beta of 0.63. Solar Senior Capital has a 52-week low of $15.89 and a 52-week high of $18.46.
Solar Senior Capital (NASDAQ:SUNS) last posted its earnings results on Thursday, November 2nd. The asset manager reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.02. The business had revenue of $7.97 million for the quarter, compared to analysts’ expectations of $7.82 million. Solar Senior Capital had a net margin of 76.43% and a return on equity of 8.39%. equities analysts predict that Solar Senior Capital will post 1.41 EPS for the current year.
The firm also recently announced a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 22nd will be given a $0.1175 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date of this dividend is Tuesday, November 21st. Solar Senior Capital’s payout ratio is presently 97.92%.
About Solar Senior Capital
Solar Senior Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. The Company seeks to achieve its investment objective by directly and indirectly investing in senior loans, including first lien, unitranche, and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade, which it refers to collectively as senior loans.
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