Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Solar Capital stock | $17.48

Own Solar Capital stock in just a few minutes.

Fact checked

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.

How to buy shares in Solar Capital

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Solar Capital. Find the stock by name or ticker symbol: SLRC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Solar Capital reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$17.48, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Solar Capital, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Solar Capital. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Solar Capital share price

Use our graph to track the performance of SLRC stocks over time.

Solar Capital shares at a glance

Information last updated 2021-01-19.
Latest market closeUSD$17.48
52-week rangeUSD$6.9094 - USD$19.0684
50-day moving average USD$17.537
200-day moving average USD$16.7511
Wall St. target priceUSD$18.46
PE ratio 11.0224
Dividend yield USD$1.64 (9.26%)
Earnings per share (TTM) USD$1.587

Buy Solar Capital shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Forex
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Public
$0
Stocks, ETFs
N/A
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Solar Capital stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Solar Capital price performance over time

Historical closes compared with the close of $17.48 from 2021-01-11

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

Is Solar Capital under- or over-valued?

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 P/E ratio

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 PEG ratio

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.

Solar Capital financials

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%
Profit margin -3.9%
Book value $20.139
Market capitalisation USD$748.8 million

TTM: trailing 12 months

Shorting Solar Capital shares

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)

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.

Solar Capital share dividends

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").

Solar Capital share price volatility

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".

SLRC.US volatility(beta: 1.28)Avg. volatility(beta: 1.00)LowHigh

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 overview

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

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site