EPS for Solar Capital Ltd. (SLRC) Expected At $0.41

October 13, 2017 - By Peter Erickson

 EPS for Solar Capital Ltd. (SLRC) Expected At $0.41
Investors sentiment decreased to 1.1 in 2017 Q2. Its down 0.23, from 1.33 in 2017Q1. It is negative, as 9 investors sold Solar Capital Ltd. shares while 31 reduced holdings. 14 funds opened positions while 30 raised stakes. 24.65 million shares or 1.93% more from 24.18 million shares in 2017Q1 were reported.
Sigma Planning Corporation invested 0.03% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Yorktown Mngmt And Co invested 8.65% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Grantham Mayo Van Otterloo And Ltd Liability reported 0% stake. Acadian Asset Ltd Liability Corporation holds 0.01% in Solar Capital Ltd. (NASDAQ:SLRC) or 109,201 shares. Commonwealth Equity Serv holds 0% or 18,049 shares in its portfolio. Eagle Glob Advsrs Limited Com stated it has 18,539 shares or 0.01% of all its holdings. West Family accumulated 479,013 shares or 2.19% of the stock. Barclays Public Ltd Company accumulated 5 shares. Creative Planning, a Kansas-based fund reported 1,680 shares. Invesco Limited holds 122,578 shares. Citigroup reported 0% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Moreover, Tcw Gp has 0% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 21,600 shares. Hillsdale Invest Mgmt Inc holds 0% or 130 shares in its portfolio. Ares Mgmt Limited Liability Corp invested in 0.18% or 331,017 shares. Coe Limited Liability Corporation holds 1.19% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 47,900 shares.

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on November, 1. They expect $0.41 earnings per share, up 2.50 % or $0.01 from last year’s $0.4 per share. SLRC’s profit will be $17.33M for 13.21 P/E if the $0.41 EPS becomes a reality. After $0.38 actual earnings per share reported by Solar Capital Ltd. for the previous quarter, Wall Street now forecasts 7.89 % EPS growth. The stock increased 0.88% or $0.19 on October 13, reaching $21.66. About 78,885 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has risen 18.52% since October 14, 2016 and is uptrending. It has outperformed by 1.82% the S&P500.

Solar Capital Ltd. (NASDAQ:SLRC) Ratings Coverage

Among 6 analysts covering Solar Capital (NASDAQ:SLRC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Solar Capital had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, February 24 by Ladenburg Thalmann. Citigroup maintained it with “Neutral” rating and $20 target in Tuesday, August 16 report. The stock has “Buy” rating by Deutsche Bank on Thursday, February 25. The rating was upgraded by Ladenburg Thalmann on Thursday, August 6 to “Buy”. Citigroup maintained it with “Neutral” rating and $17 target in Wednesday, March 30 report. The rating was maintained by National Securities on Wednesday, August 5 with “Buy”. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, August 2. The rating was maintained by Deutsche Bank with “Buy” on Thursday, August 4. The firm has “Hold” rating by Keefe Bruyette & Woods given on Sunday, July 23. The firm has “Buy” rating by DA Davidson given on Wednesday, September 30.

Solar Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The company has market cap of $915.37 million. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It has a 11.53 P/E ratio. It invests in privately held the United States middle market companies.

More important recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Las Vegas Sands, Marriott Vacations Worldwide and Solar …” on September 18, 2017, also Marketwired.com published article titled: “Solar Capital Ltd. Acquires Nations Equipment Finance; Continuation of …”, Nasdaq.com published: “Solar Capital Ltd. (SLRC) Ex-Dividend Date Scheduled for September 20, 2017” on September 19, 2017. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) was released by: Globenewswire.com and their article: “Solar Capital Ltd. Schedules the Release of its Financial Results for the …” with publication date: September 29, 2017.

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