Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value not market value. The company primarily lends to and invests in middle market privately held companies. Psec is a publiclytraded closedend investment company that has elected to be regulated as a business development. Feb 24, 2016 well, you can say this about prospect capital corporations management team. Prospect capital corporation announces launch of cash tender offers for its outstanding 4. Historical price to book ratio values for prospect capital psec over the last 10 years. Prospect capital news, prospect capital quote, psec quote. Prospect capital corporation psec book value per share.
Its investment objective is t o generate both current income and longterm capital appreciation through debt and equity investments. You should read this prospectus supplement, the accompanying. Prospect capital corporation shares cross below book value. Price to book value is a financial ratio used to compare a companys book value to its current market price. Prospect capital psec agrees to acquire patriot capital. In depth view into prospect capital price to book value including historical data from 2004, charts, stats and industry comps. Bvps is the net assets of a company after you deduct all of the liabilities senior claims. Find out all the key statistics for prospect capital corporation psec, including valuation. In addition to overseeing prospect capital corporation and prospect capital management, john has served on the boards of directors of more than a dozen private and public portfolio companies, including as chairman and chief executive officer of bondnet trading systems, inc. Get breaking news and analysis on prospect capital corporation psec stock, price quote and chart, trading and investing tools. The specific terms of the notes will be set prior to the time of sale and described in a pricing supplement.
Prospect capital corporation announces launch of cash tender offer for any and all of its outstanding 4. Prospect capital corporation psec is an interesting player in the financial space, with a focus on asset management. The following slides contain summaries of certain financial and statistical information about prospect capital corporation. In trading on thursday, shares of prospect capital corporation nasd. Prospect capital corp is a closedend investment company based in the united states. Prospect capital is an fca regulated, london headquartered, boutique advisory firm offering a range of corporate finance and investment advisory services to emerging market corporates and infrastructure project companies. Inside the choice facing voters this general electionand why the commission that regulates our democracy is struggling to keep up. Read this before you buy prospect capital corporation stock. Prospect capital reports december 2019 quarterly results and declares additional monthly distributions. Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets. Prospect capital corporation psec stock historical. The company specializes in late venture, middle market, mature, mezzanine finance.
Oct 19, 2011 overview book value per share is a well known measure for a company. Psec announced that it has entered into a definitive agreement to acquire patriot capital funding, inc. Read this before you buy prospect capital corporation stock the. The current price to book ratio for prospect capital as of april 08, 2020 is 0. Prospect capital corporation prospect capital internotes we may offer to sell our prospect capital internotes from time to time. Price book value is a widely used stock evaluation measure. Price to book value is a valuation ratio that is measured by stock price book value per share. Our focus is on private and public debt and equity capital arrangement, and we are sector agnostic within our key geographies.
Prospect capital psec prospect capital corporation. Prospect capital corporation psec stock historical prices. Our focus is on private and public debt and equity capital arrangement, and we are sector agnostic within our key. The culture at prospect is set by the ceo and the coo, and most employees directly report to them. He also serves on the board of directors for prospect capital corporation. Prospect capital corporation psec price book value. It might be a good stock to ownwe just cant prove it with value analysis right now. Prospect capital corporation is a closedend investment company that lends. Edison baldwin may 6, 2020 0 prospect capital corporation traded at a high on 050520, posting a 0. Given the stocks recent action, it seemed like a good time to. About prospect capital corp prospect capital corporation provides flexible private debt and equity capital. At prospect capital, grier is responsible for leading prospect capitals team of professionals in the origination and.
Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. Prospect capital corporation stock value analysis nasdaqgs. Pcm has a 25year history of investing in middlemarket companies and managing private, highyielding debt and equity investments using both private partnership and. Find the latest price book value for prospect capital corporation psec. Currently, both apollo investment and prospect capital pay huge dividends to their shareholders. Prospect capital corporations 12% dividend yield and steep discount to book value comes with some caveats. The information contained in this presentation is summary information that is intended to be considered in the context of our sec filings and other public announcements that. Bdc yield includes only bdcs that pay cash distributions 1 source. Prospect capitals multiline finance company, first tower, grew its loan book significantly in the first fiscal quarter. The price to book ratio for the last quarter was 0. Its investment objective is to generate both current income and longterm capital appreciation through debt and equity investments.
Well, you can say this about prospect capital corporations management team. In depth view into prospect capital book value per share explanation. Founded in 1988, prospect capital s investment focus has been alternative investment strategies. Bdcs are currently trading at attractive distribution yields and price to tangible book ratios average of 0. A recent offering of investment grade bonds on internotes included a discover financial services bond with a yield of 3. View daily, weekly or monthly format back to when prospect capital corporation stock was issued. Clive james on wittgenstein, and the real story of corbynism.
An investment in psecs return and principal value will fluctuate such that an investors shares, when sold, may be worth more or less than their original cost. Find the latest book value for prospect capital corporation psec. Prospect capital corporation is a financial services company. Overview book value per share is a well known measure for a company. In depth view into prospect capital book value per share including historical data from 2004, charts, stats and industry comps. Pcm has been registered as an investment advisor with the united states securities and exchange commission since 2004. Moodys assigns a baa3 rating to prospect capitals convertible notes. All content is posted anonymously by employees working at prospect capital. Apr 10, 2020 i have been working at prospect capital fulltime for more than 5 years pros aside from working with talented, smart, motivated individuals and topnotch leaders, prospect offers great benefits, awesome outings and an overall flexible working environment. Prospect capital reports march 2019 quarterly results and declares additional monthly distributions. Psec stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and. Broad investment mandate and multistrategy focus supported by a permanent capital base.
I have been working at prospect capital fulltime for more than 5 years. Find the latest book value per share for prospect capital corporation psec. Prospect capital places a high value on integrity and teamwork, we operate on a strictly conflictfree basis and aim to combine the highest quality technical expertise with powerful international debt and equity market networks to meet the needs of our clients in a timely and effective manner. Book value per share is a widely used stock evaluation measure. Prospect capital corporation is a leading publiclytraded business development company bdc. Psec is a publiclytraded closedend investment company that has elected to be regulated as a business development company under the. Based on our analysis, we believe that you should not buy prospect capital corporation right now. Its book value per share for the quarter that ended in dec. Alibaba group holding limited baba revenue clocked in at. Access over 100 stock metrics like beta, evebitda, pe10, free cash flow yield, kz index and cash conversion cycle. Prospect capital second fiscal quarter earnings release and conference call. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock.
Dividends the dividend issue is the easiest to tackle. Prospect capital s book value per share for the quarter that ended in dec. Historical price to book ratio values for prospect capital psec over the last 10. Discover historical prices for psec stock on yahoo finance. The book value is essentially the tangible accounting value of a firm. Find out all the key statistics for prospect capital corporation psec, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. It also involves in generating current income and longterm capital appreciation through debt and equity investments. During the past 5 years, the average book value per share growth rate was 3. Aug 02, 2012 in trading on thursday, shares of prospect capital corporation nasd. Book value is a widely used stock evaluation measure. Psec is a leading provider of private debt and private equity to middlemarket companies in the united states with a focus on sponsorbacked transactions and direct lending to established owneroperated companies. Fundamental analysis data for prospect capital corp psec, including priceearnings ratios and earnings per share, at ally invest. Prospect capital price to book ratio 20062019 psec macrotrends.
Prospect capital corporation psec valuation measures. In other words, book value is the companys total tangible assets less its total liabilities. The conservative party has been captured by extremists and. Prospect capitals book value per share for the quarter that ended in dec. Prospect capital is aiming to unlock the value of its online lending business, structured credit business, real estate business, and clos collateralized loan obligations. May 06, 2020 prospect capital corporation announces launch of cash tender offers for its outstanding 4.
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