Somewhat Positive Media Coverage Somewhat Unlikely to Affect BlackRock Capital Investment Corporation (BKCC) Share Price
Press coverage about BlackRock Capital Investment Corporation (NASDAQ:BKCC) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BlackRock Capital Investment Corporation earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media stories about the asset manager an impact score of 46.3269323439748 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of BlackRock Capital Investment Corporation (NASDAQ BKCC) opened at 7.33 on Thursday. BlackRock Capital Investment Corporation has a 52 week low of $6.75 and a 52 week high of $7.90. The firm has a 50-day moving average of $7.32 and a 200 day moving average of $7.43.
BlackRock Capital Investment Corporation (NASDAQ:BKCC) last released its quarterly earnings data on Wednesday, August 2nd. The asset manager reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). The business had revenue of $25.24 million for the quarter, compared to analysts’ expectations of $24.94 million. BlackRock Capital Investment Corporation had a negative net margin of 5.04% and a positive return on equity of 7.20%. During the same period last year, the company earned $0.30 earnings per share. On average, equities research analysts expect that BlackRock Capital Investment Corporation will post $0.84 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Monday, September 18th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 9.82%. The ex-dividend date of this dividend was Friday, September 15th. BlackRock Capital Investment Corporation’s dividend payout ratio (DPR) is presently -1,028.57%.
A number of research firms recently weighed in on BKCC. BidaskClub downgraded shares of BlackRock Capital Investment Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of BlackRock Capital Investment Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of BlackRock Capital Investment Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Keefe, Bruyette & Woods set a $8.00 target price on shares of BlackRock Capital Investment Corporation and gave the stock a “hold” rating in a research note on Thursday, October 5th.
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BlackRock Capital Investment Corporation Company Profile
BlackRock Capital Investment Corporation is an externally-managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through its debt and equity investments. The Company provides middle-market companies with a range of financing solutions, including senior and junior secured, unsecured and subordinated debt securities and loans, and equity securities.
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