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Solar Capital (NASDAQ:SLRC) is set to post its quarterly earnings results on Tuesday, May 6th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Solar Capital (NASDAQ:SLRC) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.40 by $0.02. On average, analysts expect Solar Capital to post $1.69 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.

Solar Capital (NASDAQ:SLRC) opened at 21.84 on Monday. Solar Capital has a 52 week low of $21.13 and a 52 week high of $25.04. The stock’s 50-day moving average is $22.02 and its 200-day moving average is $22.37. Solar Capital also saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,695,905 shares, a growth of 40.6% from the March 31st total of 1,205,848 shares. Based on an average daily volume of 351,068 shares, the days-to-cover ratio is currently 4.8 days. Currently, 4.1% of the shares of the stock are short sold.

On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Solar Capital in a research note on Wednesday, April 16th. They now have a $22.50 price target on the stock. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $23.97.

Solar Capital Ltd. (NASDAQ:SLRC) is a closed-end, externally managed, non-diversified management investment company.

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