Harvest Capital Credit (NASDAQ:HCAP) is scheduled to announce its earnings results before the market opens on Tuesday, May 14th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.

Harvest Capital Credit (NASDAQ:HCAP) last posted its quarterly earnings data on Friday, March 15th. The investment management company reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.01. Harvest Capital Credit had a net margin of 31.31% and a return on equity of 7.51%. The company had revenue of $4.07 million for the quarter, compared to analyst estimates of $3.90 million. On average, analysts expect Harvest Capital Credit to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Harvest Capital Credit stock opened at $10.53 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 14.87 and a current ratio of 14.87. Harvest Capital Credit has a 1-year low of $9.31 and a 1-year high of $11.65. The stock has a market capitalization of $64.95 million, a P/E ratio of 11.20 and a beta of 0.71.

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, April 18th were given a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date was Wednesday, April 17th. Harvest Capital Credit’s dividend payout ratio (DPR) is currently 103.23%.

Separately, Zacks Investment Research raised shares of Harvest Capital Credit from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Friday, February 8th.

In other news, CEO Joseph A. Jolson acquired 13,660 shares of Harvest Capital Credit stock in a transaction that occurred on Wednesday, February 20th. The shares were bought at an average cost of $9.84 per share, with a total value of $134,414.40. Following the transaction, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at approximately $196,800. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.40% of the company’s stock.

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Harvest Capital Credit Company Profile

Harvest Capital Credit Corporation is a business development company providing structured credit to small businesses and specializing in leveraged buyouts, add-on acquisitions, recapitalizations, growth financings and debt refinancing investments. It prefers to invest in North America-based companies.

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Earnings History for Harvest Capital Credit (NASDAQ:HCAP)

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