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Investment analysts at Maxim Group lowered their price objective on shares of TICC Capital Corp. (NASDAQ:TICC) from $11.25 to $10.25 in a note issued to investors on Tuesday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Maxim Group’s target price suggests a potential upside of 10.22% from the company’s current price. The analysts noted that the move was a valuation call.

TICC Capital Corp. (NASDAQ:TICC) opened at 9.30 on Tuesday. TICC Capital Corp. has a 52 week low of $8.96 and a 52 week high of $10.85. The stock has a 50-day moving average of $9.6 and a 200-day moving average of $10.15. The company has a market cap of $552.4 million and a price-to-earnings ratio of 8.53.

TICC Capital Corp. (NASDAQ:TICC) last released its earnings data on Monday, May 12th. The company reported $0.23 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.06. The company had revenue of $28.70 million for the quarter, compared to the consensus estimate of $29.51 million. During the same quarter last year, the company posted $0.24 earnings per share. TICC Capital Corp.’s revenue was up 32.3% compared to the same quarter last year. Analysts expect that TICC Capital Corp. will post $1.18 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 12.47%.

Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of TICC Capital Corp. from $10.00 to $10.50 in a research note on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $10.18.

TICC Capital Corp. (NASDAQ:TICC) is non-diversified, closed-end investment company.

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