Solar Capital (SLRC) Earning Somewhat Favorable Press Coverage, Study Finds
News articles about Solar Capital (NASDAQ:SLRC) have been trending somewhat positive on Wednesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Solar Capital earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 47.0429459162598 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Solar Capital (SLRC) opened at $20.37 on Wednesday. The company has a market capitalization of $865.08, a PE ratio of 12.13, a PEG ratio of 2.33 and a beta of 0.53. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.51. Solar Capital has a twelve month low of $19.70 and a twelve month high of $22.94.
A number of equities analysts have recently commented on the company. Zacks Investment Research downgraded Solar Capital from a “hold” rating to a “sell” rating in a report on Friday, February 9th. National Securities restated a “buy” rating and issued a $25.00 price objective on shares of Solar Capital in a report on Wednesday, November 29th. Ladenburg Thalmann Financial Services upgraded Solar Capital from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Keefe, Bruyette & Woods upgraded Solar Capital from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a report on Friday, January 12th. Finally, JMP Securities upgraded Solar Capital from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 16th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. Solar Capital has an average rating of “Hold” and a consensus price target of $23.67.
Solar Capital Company Profile
Solar Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests in privately held the United States middle market companies.
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