Media coverage about Blackrock Capital Investment (NASDAQ:BKCC) has been trending positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blackrock Capital Investment earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 46.2840797557439 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several analysts have weighed in on BKCC shares. BidaskClub lowered Blackrock Capital Investment from a “hold” rating to a “sell” rating in a report on Wednesday, May 9th. ValuEngine raised Blackrock Capital Investment from a “sell” rating to a “hold” rating in a report on Friday, May 11th. Finally, Zacks Investment Research lowered Blackrock Capital Investment from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 12th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $7.42.
Blackrock Capital Investment stock traded up $0.04 during trading hours on Wednesday, hitting $6.33. The stock had a trading volume of 1,710 shares, compared to its average volume of 221,871. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.08 and a current ratio of 1.08. Blackrock Capital Investment has a 1-year low of $5.48 and a 1-year high of $7.57. The firm has a market capitalization of $445.27 million, a price-to-earnings ratio of 8.66, a price-to-earnings-growth ratio of 9.65 and a beta of 0.63.
Blackrock Capital Investment (NASDAQ:BKCC) last issued its quarterly earnings data on Wednesday, August 1st. The asset manager reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.03). Blackrock Capital Investment had a negative net margin of 8.00% and a positive return on equity of 8.89%. The company had revenue of $21.31 million during the quarter, compared to analysts’ expectations of $22.87 million. sell-side analysts forecast that Blackrock Capital Investment will post 0.65 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 8th. Stockholders of record on Monday, September 17th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 14th. This represents a $0.72 annualized dividend and a dividend yield of 11.37%. Blackrock Capital Investment’s dividend payout ratio is currently 98.63%.
Blackrock Capital Investment 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.
Further Reading: Stock Symbols and CUSIP Explained
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