Media coverage about Solar Senior Capital (NASDAQ:SUNS) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Solar Senior Capital earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 46.8698057554659 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- $9.91 Million in Sales Expected for Solar Senior Capital Ltd (SUNS) This Quarter (americanbankingnews.com)
- $0.35 EPS Expected for Solar Senior Capital Ltd (SUNS) This Quarter (americanbankingnews.com)
- Podcast | Does hybrid energy policy make sense for India? Find out. (moneycontrol.com)
- Financial Survey: Solar Senior Capital (SUNS) versus Hercules Technology Growth Capital (HTGC) (americanbankingnews.com)
- Analyzing Solar Senior Capital (SUNS) & WhiteHorse Finance (WHF) (americanbankingnews.com)
SUNS stock opened at $16.79 on Friday. The company has a market capitalization of $270.60 million, a PE ratio of 11.91, a price-to-earnings-growth ratio of 2.40 and a beta of 0.59. Solar Senior Capital has a 12 month low of $16.10 and a 12 month high of $18.40.
Solar Senior Capital (NASDAQ:SUNS) last issued its earnings results on Thursday, February 22nd. The asset manager reported $0.35 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.35. The company had revenue of $9.05 million during the quarter, compared to analyst estimates of $8.74 million. Solar Senior Capital had a return on equity of 8.38% and a net margin of 67.60%. sell-side analysts predict that Solar Senior Capital will post 1.4 EPS for the current fiscal year.
The company also recently announced a monthly dividend, which will be paid on Friday, June 1st. Investors of record on Wednesday, May 23rd will be paid a $0.117 dividend. The ex-dividend date of this dividend is Tuesday, May 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 8.36%. Solar Senior Capital’s dividend payout ratio (DPR) is 100.00%.
Several research firms have recently commented on SUNS. Zacks Investment Research upgraded shares of Solar Senior Capital from a “sell” rating to a “hold” rating in a research report on Thursday, May 17th. ValuEngine lowered shares of Solar Senior Capital from a “buy” rating to a “hold” rating in a research report on Monday, April 23rd. Finally, BidaskClub lowered shares of Solar Senior Capital from a “hold” rating to a “sell” rating in a research report on Tuesday, May 1st.
In other news, insider Bruce J. Spohler bought 5,113 shares of Solar Senior Capital stock in a transaction that occurred on Monday, March 5th. The stock was bought at an average price of $16.74 per share, for a total transaction of $85,591.62. Following the purchase, the insider now directly owns 4,000 shares of the company’s stock, valued at approximately $66,960. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bruce J. Spohler bought 11,254 shares of Solar Senior Capital stock in a transaction that occurred on Friday, March 2nd. The stock was purchased at an average price of $16.85 per share, with a total value of $189,629.90. Following the purchase, the insider now directly owns 4,000 shares in the company, valued at $67,400. The disclosure for this purchase can be found here. Company insiders own 5.60% of the company’s stock.
About Solar Senior Capital
Solar Senior Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. The Company seeks to achieve its investment objective by directly and indirectly investing in senior loans, including first lien, unitranche, and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade, which it refers to collectively as senior loans.
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