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Blackrock Kelso Capital Corp. (NASDAQ:BKCC) posted its quarterly earnings results on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.19, AnalystRatings.NET reports. The company had revenue of $33.76 million for the quarter, compared to the consensus estimate of $31.82 million.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Blackrock Kelso Capital Corp. from a “market perform” rating to an “outperform” rating in a research note on Tuesday, June 17th. They now have a $9.75 price target on the stock. On the ratings front, analysts at Keefe, Bruyette & Woods upgraded shares of Blackrock Kelso Capital Corp. from a “market perform” rating to an “outperform” rating in a research note on Tuesday, June 17th. They now have a $9.75 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $9.75.

Blackrock Kelso Capital Corp. (NASDAQ:BKCC) opened at 8.93 on Thursday. 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 $8.97 and a 200-day moving average of $9.08. The company has a market cap of $666.7 million and a price-to-earnings ratio of 8.14. Blackrock Kelso Capital Corp. also saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 996,744 shares, a drop of 82.9% from the June 30th total of 5,835,881 shares. Based on an average daily volume of 642,042 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.4% of the shares of the company are sold short.

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

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