Prospect Capital Corporation logo

Prospect Capital Corporation (PSEC)

Market Closed
15 Oct, 08:00 PM
NASDAQ (NGS) NASDAQ (NGS)
$
1. 63
+0.03
+1.875%
$
911.83M Market Cap
301 P/E Ratio
0.42% Div Yield
4.13M Volume
0.86 Eps
$ 1.6
Previous Close
Add Transaction
Day Range
1.6 1.69
Year Range
1.59 3.13
Want to track PSEC and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
Prospect Capital: Dividend Safety And Valuation Attractive, But Weaker Fundamentals Concerning

Prospect Capital: Dividend Safety And Valuation Attractive, But Weaker Fundamentals Concerning

Prospect Capital's share price has declined double-digits over the past year due to weaker fundamentals and portfolio quality. The company's declining financials and NAV erosion are concerning, but it still offers a monthly dividend with a comfortable coverage ratio. The stock is undervalued with a P/NAV ratio of 0.63x, but risks include exposure to the high interest rate environment and real estate market.

Seekingalpha | 2 years ago