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Solar Capital Ltd is an asset management business based in the US. Solar Capital shares (SLRC) are listed on the NASDAQ and all prices are listed in US Dollars.
|Latest market close||USD$17.48|
|52-week range||USD$6.9094 - USD$19.0684|
|50-day moving average||USD$17.537|
|200-day moving average||USD$16.7511|
|Wall St. target price||USD$18.46|
|Dividend yield||USD$1.64 (9.26%)|
|Earnings per share (TTM)||USD$1.587|
|1 week (2021-01-12)||N/A|
|1 month (2020-12-19)||N/A|
|3 months (2020-10-19)||N/A|
|6 months (2020-07-19)||N/A|
|1 year (2020-01-19)||N/A|
|2 years (2019-01-19)||N/A|
|3 years (2018-01-19)||N/A|
|5 years (2016-01-19)||N/A|
Valuing Solar Capital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Solar Capital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Solar Capital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Solar Capital shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Solar Capital's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.65. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Solar Capital's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$127.4 million|
|Operating margin TTM||69.49%|
|Gross profit TTM||USD$154.7 million|
|Return on assets TTM||3.04%|
|Return on equity TTM||-0.56%|
|Market capitalisation||USD$748.8 million|
TTM: trailing 12 months
There are currently 219,417 Solar Capital shares held short by investors – that's known as Solar Capital's "short interest". This figure is 12.5% down from 250,753 last month.
There are a few different ways that this level of interest in shorting Solar Capital shares can be evaluated.
Solar Capital's "short interest ratio" (SIR) is the quantity of Solar Capital shares currently shorted divided by the average quantity of Solar Capital shares traded daily (recently around 138871.51898734). Solar Capital's SIR currently stands at 1.58. In other words for every 100,000 Solar Capital shares traded daily on the market, roughly 1580 shares are currently held short.
However Solar Capital's short interest can also be evaluated against the total number of Solar Capital shares, or, against the total number of tradable Solar Capital shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Solar Capital's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Solar Capital shares in existence, roughly 10 shares are currently held short) or 0.0063% of the tradable shares (for every 100,000 tradable Solar Capital shares, roughly 6 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Solar Capital.
Find out more about how you can short Solar Capital stock.
Dividend payout ratio: 111.56% of net profits
Recently Solar Capital has paid out, on average, around 111.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Solar Capital shareholders could enjoy a 9.26% return on their shares, in the form of dividend payments. In Solar Capital's case, that would currently equate to about $1.64 per share.
Solar Capital's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Solar Capital's most recent dividend payout was on 5 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 16 December 2020 (the "ex-dividend date").
Over the last 12 months, Solar Capital's shares have ranged in value from as little as $6.9094 up to $19.0684. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Solar Capital's is 1.282. This would suggest that Solar Capital's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. Th
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