FS Investment (FSIC) Posts Quarterly Earnings, Misses Expectations By $0.02 EPS
FS Investment (NASDAQ:FSIC) announced its earnings results on Monday. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.25 by $0.02, StockRatingsNetwork reports.
A number of analysts have recently weighed in on FSIC shares. Analysts at Wells Fargo & Co. initiated coverage on shares of FS Investment in a research note on Tuesday, July 1st. They set an “outperform” rating on the stock. Analysts at Keefe, Bruyette & Woods initiated coverage on shares of FS Investment in a research note on Tuesday, June 17th. They set an “outperform” rating and a $11.75 price target on the stock.
In other FS Investment news, Director David J. Adelman acquired 3,700 shares of the stock on the open market in a transaction dated Wednesday, August 13th. The shares were purchased at an average cost of $10.35 per share, with a total value of $38,295.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Shares of FS Investment (NASDAQ:FSIC) opened at 10.25 on Monday. FS Investment has a 52-week low of $9.82 and a 52-week high of $10.75. The stock has a 50-day moving average of $10.49 and a 200-day moving average of $10.38.
The company also recently declared a monthly dividend, which is scheduled for Wednesday, September 3rd. Shareholders of record on Monday, August 25th will be given a dividend of $0.0743 per share. This represents a $0.89 dividend on an annualized basis and a yield of 8.69%. The ex-dividend date of this dividend is Thursday, August 21st.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.