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Analysts at National Securities started coverage on shares of KCAP Financial (NASDAQ:KCAP) in a research report issued to clients and investors on Thursday, Analyst Ratings Network.com reports. The firm set a “neutral” rating and a $9.00 price target on the stock. National Securities’ price target points to a potential upside of 12.22% from the company’s current price.

A number of other firms have also recently commented on KCAP. Analysts at Guggenheim initiated coverage on shares of KCAP Financial in a research note to investors on Friday, December 20th. They set a “buy” rating on the stock. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of KCAP Financial from $10.00 to $9.50 in a research note to investors on Monday, November 11th. They now have a “market perform” rating on the stock. Finally, analysts at Zacks upgraded shares of KCAP Financial from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, November 11th. They now have a $8.50 price target on the stock. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. KCAP Financial presently has a consensus rating of “Hold” and a consensus price target of $9.56.

KCAP Financial (NASDAQ:KCAP) last released its earnings data on Thursday, November 7th. The company reported $0.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.02.

The company also recently announced a quarterly dividend, which is scheduled for Monday, January 27th. Investors of record on Friday, December 27th will be paid a dividend of 0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 12.47%. The ex-dividend date is Tuesday, December 24th.

KCAP Financial Inc, formerly Kohlberg Capital Corp., is an internally managed business development company.

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