KCAP Financial (KCAP) Earns Media Impact Rating of 0.21
Media coverage about KCAP Financial (NASDAQ:KCAP) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KCAP Financial earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.2590681812692 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several research firms have recently commented on KCAP. Zacks Investment Research upgraded shares of KCAP Financial from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $3.50 target price on shares of KCAP Financial in a research note on Tuesday, October 24th. Finally, Ladenburg Thalmann Financial Services started coverage on shares of KCAP Financial in a research note on Monday, September 25th. They issued a “neutral” rating for the company. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $7.75.
Shares of KCAP Financial (KCAP) opened at $3.44 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.55. KCAP Financial has a 52 week low of $3.30 and a 52 week high of $4.12. The company has a market cap of $128.45, a PE ratio of 57.33 and a beta of 1.71.
KCAP Financial (NASDAQ:KCAP) last announced its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.01). KCAP Financial had a net margin of 7.78% and a return on equity of 6.54%. The company had revenue of $6.25 million during the quarter, compared to analyst estimates of $6.80 million. research analysts forecast that KCAP Financial will post 0.29 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Friday, January 5th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 11.63%. The ex-dividend date is Thursday, January 4th. KCAP Financial’s dividend payout ratio (DPR) is 666.67%.
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About KCAP Financial
KCAP Financial, Inc is an internally managed, non-diversified closed-end investment company. The Company has approximately three principal areas of investments. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies (the debt securities portfolio).
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