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Stock analysts at Raymond James lowered their price target on shares of Fidus Investment Corp. (NASDAQ:FDUS) from $22.00 to $21.00 in a report issued on Monday, Stock Ratings reports. Raymond James’ target price suggests a potential upside of 26.28% from the stock’s previous close.

Shares of Fidus Investment Corp. (NASDAQ:FDUS) traded up 3.55% on Monday, hitting $17.22. 133,486 shares of the company’s stock traded hands. Fidus Investment Corp. has a 52 week low of $16.07 and a 52 week high of $22.50. The stock has a 50-day moving average of $18.68 and a 200-day moving average of $20.22.

Fidus Investment Corp. (NASDAQ:FDUS) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.37 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.43 by $0.06. On average, analysts predict that Fidus Investment Corp. will post $1.71 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 9.14%. The ex-dividend date is Wednesday, June 11th.

Separately, analysts at Oppenheimer raised their price target on shares of Fidus Investment Corp. to $22.00 in a research note on Monday, March 10th. They now have an “outperform” rating on the stock.

Fidus Investment Corporation provides customized mezzanine debt and equity financing solutions to lower middle-market companies.

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