Trade Report: Today, Solar Senior Capital Ltd. Forecasted to Post FY2016 Earnings of $1.43 Per Share (SUNS)

Today, Solar Senior Capital Ltd. Forecasted to Post FY2016 Earnings of $1.43 Per Share (SUNS)

Solar Senior Capital Ltd. (NASDAQ:SUNS) – Analysts at Oppenheimer Holdings issued their FY2016 earnings estimates for Solar Senior Capital in a research report issued to clients and investors on Tuesday. Oppenheimer Holdings analyst C. Kotowski expects that the firm will earn $1.43 per share for the year. Oppenheimer Holdings has a “Outperform” rating and a $17.00 price objective on the stock. Oppenheimer Holdings also issued estimates for Solar Senior Capital’s Q4 2016 earnings at $0.36 EPS, Q1 2017 earnings at $0.35 EPS, Q2 2017 earnings at $0.35 EPS, Q3 2017 earnings at $0.35 EPS, Q4 2017 earnings at $0.36 EPS and FY2017 earnings at $1.41 EPS.

Other equities analysts have also issued research reports about the company. TheStreet upgraded Solar Senior Capital from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research upgraded Solar Senior Capital from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Saturday, November 5th. Citigroup Inc. initiated coverage on Solar Senior Capital in a research note on Friday, November 4th. They issued a “neutral” rating and a $16.00 target price on the stock. Finally, Ladenburg Thalmann lowered Solar Senior Capital from a “buy” rating to a “neutral” rating in a research note on Thursday, August 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $16.75.

Shares of Solar Senior Capital (NASDAQ:SUNS) opened at 16.68 on Friday. Solar Senior Capital has a 52-week low of $12.80 and a 52-week high of $17.09. The stock’s 50 day moving average is $15.97 and its 200 day moving average is $16.19. The stock has a market cap of $267.30 million, a price-to-earnings ratio of 14.16 and a beta of 0.45.

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Wednesday, November 23rd will be issued a $0.1175 dividend. This represents a $1.41 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend is Monday, November 21st. Solar Senior Capital’s dividend payout ratio is presently 120.51%.

Large investors have recently modified their holdings of the company. Berson & Corrado Investment Advisors LLC increased its stake in shares of Solar Senior Capital by 3.1% in the second quarter. Berson & Corrado Investment Advisors LLC now owns 26,490 shares of the company’s stock valued at $427,000 after buying an additional 800 shares in the last quarter. Cetera Advisors LLC increased its stake in Solar Senior Capital by 15.0% in the third quarter. Cetera Advisors LLC now owns 15,300 shares of the company’s stock worth $247,000 after buying an additional 2,000 shares during the period. Clear Harbor Asset Management LLC increased its stake in Solar Senior Capital by 3.1% in the second quarter. Clear Harbor Asset Management LLC now owns 132,021 shares of the company’s stock worth $2,127,000 after buying an additional 3,998 shares during the period. B. Riley Financial Inc. increased its stake in Solar Senior Capital by 1.5% in the third quarter. B. Riley Financial Inc. now owns 282,323 shares of the company’s stock worth $4,576,000 after buying an additional 4,170 shares during the period. Finally, Muzinich & Co. Inc. increased its stake in Solar Senior Capital by 6.0% in the second quarter. Muzinich & Co. Inc. now owns 120,959 shares of the company’s stock worth $1,949,000 after buying an additional 6,860 shares during the period. 18.72% of the stock is owned by institutional investors and hedge funds.

Solar Senior Capital Company Profile

Related posts

Leave a Comment