KCAP Financial (KCAP) Receives News Sentiment Rating of 0.15
Media coverage about KCAP Financial (NASDAQ:KCAP) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. KCAP Financial earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.3212402621975 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
KCAP has been the topic of several research analyst reports. ValuEngine raised shares of KCAP Financial from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut shares of KCAP Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $3.50 target price on shares of KCAP Financial in a research note on Friday, July 21st.
Shares of KCAP Financial (NASDAQ:KCAP) traded up 0.4718% during trading on Wednesday, hitting $3.3859. 6,852 shares of the stock traded hands. The company has a 50 day moving average of $3.40 and a 200-day moving average of $3.62. The company has a market cap of $125.29 million, a PE ratio of 22.5727 and a beta of 1.69. KCAP Financial has a 1-year low of $3.30 and a 1-year high of $4.89.
KCAP Financial (NASDAQ:KCAP) last released its earnings results on Wednesday, August 2nd. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). KCAP Financial had a net margin of 17.53% and a return on equity of 7.44%. The business had revenue of $7.66 million for the quarter, compared to analyst estimates of $7.95 million. On average, equities analysts anticipate that KCAP Financial will post $0.33 EPS for the current fiscal year.
KCAP Financial Company Profile
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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