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Keefe, Bruyette & Woods decreased their price objective on shares of BlackRock Kelso Capital Corp. (NASDAQ:BKCC) from $10.25 to $9.75 in a research note issued on Friday, American Banking and Market News reports. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 12.07% from the stock’s previous close.

Shares of BlackRock Kelso Capital Corp. (NASDAQ:BKCC) traded down 2.07% during mid-day trading on Friday, hitting $8.52. The stock had a trading volume of 1,428,770 shares. BlackRock Kelso Capital Corp. has a one year low of $8.25 and a one year high of $10.35. The stock has a 50-day moving average of $9.18 and a 200-day moving average of $9.40. The company has a market cap of $634.9 million and a price-to-earnings ratio of 7.30.

BlackRock Kelso Capital Corp. (NASDAQ:BKCC) last released its earnings data on Thursday, May 1st. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.04. Analysts expect that BlackRock Kelso Capital Corp. will post $0.91 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, July 2nd. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 9.66%. The ex-dividend date is Monday, June 16th.

A number of other firms have also recently commented on BKCC. Analysts at Evercore Partners cut their price target on shares of BlackRock Kelso Capital Corp. from $11.00 to $10.00 in a research note on Friday. Separately, analysts at Credit Suisse cut their price target on shares of BlackRock Kelso Capital Corp. from $10.00 to $9.50 in a research note on Monday, March 31st. Finally, analysts at TheStreet upgraded shares of BlackRock Kelso Capital Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. BlackRock Kelso Capital Corp. currently has a consensus rating of “Hold” and an average target price of $9.84.

BlackRock Kelso Capital Corporation (NASDAQ:BKCC) is an externally-managed, non-diversified closed-end management investment company.

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