Solar Capital (NASDAQ:SLRC) is set to post its quarterly earnings results after the market closes on Thursday, February 22nd. Analysts expect Solar Capital to post earnings of $0.42 per share for the quarter.
Shares of Solar Capital (SLRC) opened at $20.49 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $861.28, a PE ratio of 12.20, a PEG ratio of 2.32 and a beta of 0.53. Solar Capital has a 1-year low of $19.70 and a 1-year high of $22.94.
An institutional investor recently raised its position in Solar Capital stock. Northern Trust Corp boosted its stake in Solar Capital Ltd. (NASDAQ:SLRC) by 11.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,412 shares of the financial services provider’s stock after buying an additional 1,088 shares during the period. Northern Trust Corp’s holdings in Solar Capital were worth $228,000 at the end of the most recent reporting period. Institutional investors own 62.65% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Solar Capital (SLRC) to Release Earnings on Thursday” was published by American Banking News and is owned by of American Banking News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/02/15/solar-capital-slrc-to-release-earnings-on-thursday.html.
Solar Capital Company Profile
Solar Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests in privately held the United States middle market companies.
Receive News & Ratings for Solar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solar Capital and related companies with MarketBeat.com's FREE daily email newsletter.