Equities research analysts expect Alcentra Capital Corp (NASDAQ:ABDC) to post earnings of $0.19 per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Alcentra Capital’s earnings, with the highest EPS estimate coming in at $0.19 and the lowest estimate coming in at $0.18. Alcentra Capital reported earnings per share of $0.22 in the same quarter last year, which suggests a negative year over year growth rate of 13.6%. The company is scheduled to report its next earnings results on Monday, November 4th.
According to Zacks, analysts expect that Alcentra Capital will report full-year earnings of $0.80 per share for the current fiscal year, with EPS estimates ranging from $0.80 to $0.81. For the next year, analysts anticipate that the company will report earnings of $0.80 per share, with EPS estimates ranging from $0.80 to $0.81. Zacks’ EPS averages are an average based on a survey of research analysts that follow Alcentra Capital.
Alcentra Capital (NASDAQ:ABDC) last released its earnings results on Wednesday, August 7th. The asset manager reported $0.20 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.20. The firm had revenue of $6.14 million during the quarter, compared to analysts’ expectations of $6.11 million. Alcentra Capital had a net margin of 31.91% and a return on equity of 8.30%.
NASDAQ:ABDC traded down $0.01 during trading hours on Friday, hitting $8.83. 42,588 shares of the company traded hands, compared to its average volume of 104,678. The stock has a market capitalization of $114.33 million, a price-to-earnings ratio of 8.74 and a beta of 0.58. Alcentra Capital has a twelve month low of $5.58 and a twelve month high of $9.40. The firm has a 50-day moving average of $8.44 and a 200 day moving average of $8.06.
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, September 26th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 8.15%. The ex-dividend date is Wednesday, September 25th. Alcentra Capital’s payout ratio is currently 71.29%.
Large investors have recently added to or reduced their stakes in the stock. Pacific Ridge Capital Partners LLC raised its stake in Alcentra Capital by 1.5% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 445,952 shares of the asset manager’s stock valued at $3,345,000 after purchasing an additional 6,794 shares during the last quarter. Appleton Partners Inc. MA bought a new stake in Alcentra Capital in the 2nd quarter valued at $89,000. LSV Asset Management increased its holdings in Alcentra Capital by 1,814.8% in the 1st quarter. LSV Asset Management now owns 39,540 shares of the asset manager’s stock valued at $296,000 after buying an additional 37,475 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Alcentra Capital by 226.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 33,257 shares of the asset manager’s stock valued at $249,000 after buying an additional 23,059 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new stake in Alcentra Capital in the 1st quarter valued at $85,000. Hedge funds and other institutional investors own 35.57% of the company’s stock.
Alcentra Capital Company Profile
Alcentra Capital Corporation is a business development company specializing in investments in lower middle-market companies. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector.
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