FS Investment (FSIC) Earns Media Impact Rating of 0.21

Media stories about FS Investment (NYSE:FSIC) have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FS Investment earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.1115116060804 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of research analysts have weighed in on FSIC shares. Zacks Investment Research raised shares of FS Investment from a “hold” rating to a “buy” rating and set a $9.25 price target on the stock in a research report on Monday, November 13th. ValuEngine raised shares of FS Investment from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods set a $9.00 price target on shares of FS Investment and gave the company a “hold” rating in a research report on Thursday, October 5th. National Securities reaffirmed a “neutral” rating and set a $10.00 price target on shares of FS Investment in a research report on Monday, November 13th. Finally, BidaskClub raised shares of FS Investment from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $9.56.

FS Investment (NYSE:FSIC) opened at $8.05 on Wednesday. FS Investment has a 12-month low of $7.65 and a 12-month high of $10.80. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.12 and a current ratio of 2.12. The company has a market cap of $1,990.38, a price-to-earnings ratio of 9.53, a PEG ratio of 3.38 and a beta of 0.95.

FS Investment (NYSE:FSIC) last posted its earnings results on Thursday, November 9th. The financial services provider reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. FS Investment had a net margin of 52.49% and a return on equity of 8.97%. The business had revenue of $103.69 million for the quarter, compared to analysts’ expectations of $97.03 million. research analysts anticipate that FS Investment will post 0.8 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 20th will be given a dividend of $0.19 per share. The ex-dividend date is Tuesday, December 19th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 9.44%. FS Investment’s payout ratio is currently 98.89%.

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About FS Investment

FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies.

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