Media stories about Capitala Finance Corp (NASDAQ:CPTA) have trended somewhat positive recently, according to AlphaOne Sentiment. The research firm, a unit of Accern, scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capitala Finance Corp earned a media sentiment score of 0.22 on AlphaOne’s scale. AlphaOne also gave news articles about the investment management company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Capitala Finance Corp (NASDAQ:CPTA) opened at 14.01 on Wednesday. The company’s 50-day moving average price is $14.11 and its 200 day moving average price is $13.46. The stock has a market capitalization of $222.45 million, a PE ratio of 24.20 and a beta of 1.08. Capitala Finance Corp has a 52-week low of $11.51 and a 52-week high of $15.80.
Capitala Finance Corp (NASDAQ:CPTA) last issued its quarterly earnings data on Tuesday, March 7th. The investment management company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.04. The firm earned $16.51 million during the quarter, compared to analyst estimates of $15.55 million. Capitala Finance Corp had a positive return on equity of 11.51% and a negative net margin of 11.51%. Equities analysts forecast that Capitala Finance Corp will post $1.62 EPS for the current fiscal year.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 27th. Stockholders of record on Wednesday, April 19th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, April 17th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.13%. Capitala Finance Corp’s payout ratio is -305.88%.
Several equities analysts have recently weighed in on CPTA shares. Zacks Investment Research cut Capitala Finance Corp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 3rd. Jefferies Group LLC reiterated a “buy” rating and issued a $17.00 price target on shares of Capitala Finance Corp in a research report on Wednesday, March 8th. FBR & Co reiterated a “hold” rating and issued a $14.00 price target on shares of Capitala Finance Corp in a research report on Friday, March 10th. Finally, TheStreet upgraded Capitala Finance Corp from a “c” rating to a “b-” rating in a research report on Friday, April 7th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $15.31.
Capitala Finance Corp Company Profile
Capitala Finance Corp. 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 debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
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