SLR Investment Corp. (NASDAQ:SLRC – Get Free Report) has earned a consensus rating of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $15.96.
A number of analysts recently weighed in on SLRC shares. LADENBURG THALM/SH SH upgraded shares of SLR Investment from a “neutral” rating to a “buy” rating and set a $16.50 price target for the company in a research note on Monday, May 12th. Wells Fargo & Company decreased their price objective on SLR Investment from $13.00 to $12.00 and set an “underweight” rating for the company in a research report on Monday, April 28th. Compass Point increased their price target on SLR Investment from $16.50 to $17.25 and gave the stock a “neutral” rating in a report on Tuesday, March 11th. Keefe, Bruyette & Woods increased their price target on SLR Investment from $16.00 to $17.00 and gave the stock a “market perform” rating in a report on Tuesday, March 4th. Finally, B. Riley initiated coverage on SLR Investment in a report on Tuesday, May 13th. They set a “buy” rating and a $17.00 price target for the company.
Read Our Latest Stock Analysis on SLRC
Institutional Trading of SLR Investment
SLR Investment Trading Up 1.6%
NASDAQ:SLRC opened at $16.69 on Friday. The stock has a 50-day simple moving average of $15.88 and a 200-day simple moving average of $16.45. The stock has a market cap of $910.61 million, a P/E ratio of 9.43 and a beta of 0.75. SLR Investment has a 1 year low of $13.64 and a 1 year high of $17.94. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06.
SLR Investment (NASDAQ:SLRC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.41. SLR Investment had a return on equity of 9.73% and a net margin of 40.89%. The firm had revenue of $53.18 million during the quarter, compared to the consensus estimate of $53.43 million. As a group, analysts anticipate that SLR Investment will post 1.76 earnings per share for the current fiscal year.
SLR Investment Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 annualized dividend and a dividend yield of 9.83%. SLR Investment’s dividend payout ratio is currently 101.86%.
SLR Investment Company Profile
SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.
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