News stories about BlackRock Capital Investment Corporation (NASDAQ:BKCC) have been trending positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock Capital Investment Corporation earned a daily sentiment score of 0.28 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 75 out of 100, indicating that recent media coverage is likely to have an impact on the company’s share price in the immediate future.
BKCC has been the topic of several recent research reports. ValuEngine lowered shares of BlackRock Capital Investment Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Keefe, Bruyette & Woods set a $8.00 price objective on shares of BlackRock Capital Investment Corporation and gave the company a “hold” rating in a research report on Monday, April 10th. Finally, Zacks Investment Research lowered shares of BlackRock Capital Investment Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th.
BlackRock Capital Investment Corporation (NASDAQ BKCC) opened at 7.53 on Monday. The company’s 50-day moving average is $7.59 and its 200 day moving average is $7.48. BlackRock Capital Investment Corporation has a 12 month low of $6.75 and a 12 month high of $8.87.
BlackRock Capital Investment Corporation (NASDAQ:BKCC) last released its quarterly earnings results on Wednesday, May 3rd. The asset manager reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. BlackRock Capital Investment Corporation had a positive return on equity of 8.30% and a negative net margin of 28.25%. The firm had revenue of $24.93 million during the quarter, compared to the consensus estimate of $24.41 million. Analysts predict that BlackRock Capital Investment Corporation will post $0.83 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Shareholders of record on Monday, June 19th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date of this dividend was Thursday, June 15th. BlackRock Capital Investment Corporation’s dividend payout ratio (DPR) is currently -171.42%.
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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