Solar Capital (NASDAQ:SLRC) will announce its earnings results after the market closes on Monday, November 5th. Analysts expect the company to announce earnings of $0.44 per share for the quarter.

Solar Capital (NASDAQ:SLRC) last issued its earnings results on Monday, August 6th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The business had revenue of $39.19 million during the quarter, compared to the consensus estimate of $38.17 million. Solar Capital had a net margin of 48.51% and a return on equity of 8.01%. On average, analysts expect Solar Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NASDAQ SLRC opened at $20.28 on Monday. The stock has a market capitalization of $857.05 million, a PE ratio of 11.59, a price-to-earnings-growth ratio of 2.26 and a beta of 0.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 0.98. Solar Capital has a 1 year low of $19.70 and a 1 year high of $22.55.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 20th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 8.09%. The ex-dividend date was Wednesday, September 19th. Solar Capital’s payout ratio is 101.23%.

SLRC has been the topic of several recent analyst reports. BidaskClub lowered shares of Solar Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, July 11th. ValuEngine lowered shares of Solar Capital from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd. Zacks Investment Research lowered shares of Solar Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, October 10th. National Securities reissued a “buy” rating and set a $25.00 price objective on shares of Solar Capital in a research note on Thursday, August 9th. Finally, Wells Fargo & Co lowered shares of Solar Capital from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 4th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Solar Capital currently has an average rating of “Hold” and a consensus price target of $23.67.

About Solar Capital

Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities.

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Earnings History for Solar Capital (NASDAQ:SLRC)

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