Analysts See $0.44 EPS for Solar Capital Ltd. (SLRC) – Invest Tribune

Investors sentiment increased to 1.03 in Q4 2018. Its up 0.08, from 0.95 in 2018Q3. It is positive, as 13 investors sold Solar Capital Ltd. shares while 25 reduced holdings. 9 funds opened positions while 30 raised stakes. 22.24 million shares or 2.09% less from 22.71 million shares in 2018Q3 were reported.
Ares Mngmt Limited Liability Corporation owns 439,215 shares. Coe Cap Management Ltd Liability accumulated 46,295 shares. Pinebridge Invs L P invested in 0.01% or 31,063 shares. First Hawaiian Fincl Bank reported 0% in Solar Capital Ltd. (NASDAQ:SLRC). Mirae Asset Investments stated it has 13,316 shares. Van Eck Associate Corp, New York-based fund reported 255,315 shares. Macquarie Grp Inc reported 724 shares. Moreover, Fj Cap Limited Liability has 0.03% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 12,000 shares. Tci Wealth holds 25 shares or 0% of its portfolio. 11,516 are held by Great West Life Assurance Can. Mraz Amerine And Assocs Incorporated has invested 0.07% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Fifth Third Fincl Bank reported 214 shares. Prtnrs Grp Incorporated Holding Ag owns 718,001 shares. Punch And Assoc Invest Mngmt has 318,563 shares for 0.59% of their portfolio. 48,500 were accumulated by Neville Rodie & Shaw.

Since December 14, 2018, it had 3 insider buys, and 0 sales for $436,799 activity. On Friday, December 14 the insider HOCHBERG STEVEN bought $101,753. Shares for $167,523 were bought by SPOHLER BRUCE J on Friday, March 1.

Analysts expect Solar Capital Ltd. (NASDAQ:SLRC) to report $0.44 EPS on May, 6.They anticipate $0.01 EPS change or 2.22 % from last quarter’s $0.45 EPS. SLRC’s profit would be $18.59 million giving it 12.13 P/E if the $0.44 EPS is correct. After having $0.44 EPS previously, Solar Capital Ltd.’s analysts see 0.00 % EPS growth. The stock decreased 0.47% or $0.1 during the last trading session, reaching $21.34. About 47,200 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has risen 5.25% since April 24, 2018 and is uptrending. It has outperformed by 0.88% the S&P500.

Solar Capital Ltd. (NASDAQ:SLRC) Ratings Coverage

Among 3 analysts covering Solar Capital (NASDAQ:SLRC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Solar Capital had 4 analyst reports since November 28, 2018 according to SRatingsIntel. The stock of Solar Capital Ltd. (NASDAQ:SLRC) earned “Market Perform” rating by Wells Fargo on Tuesday, February 26. The firm earned “Buy” rating on Friday, February 22 by Oppenheimer.

Solar Capital Ltd. is a business development firm specializing in secured debt , subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The company has market cap of $901.85 million. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; gas and oil; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It has a 13.49 P/E ratio. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools.

More notable recent Solar Capital Ltd. (NASDAQ:SLRC) news were published by: Seekingalpha.com which released: “Dividend Increases For The High-Yield BDC Sector, Part 5: BlackRock TCP Capital – Seeking Alpha” on March 20, 2019, also Seekingalpha.com with their article: “BDC Total Returns Since 2014 – Seeking Alpha” published on May 20, 2016, Forbes.com published: “Leveraged Loans: GE Sale to CCPIB Leaves Fate Uncertain For $9.6B SSLP Partnership – Forbes” on July 07, 2015. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) were released by: Seekingalpha.com and their article: “PennantPark Floating Rate Capital: Well-Positioned With A Safe, 8.8%-Yielding Portfolio – Seeking Alpha” published on November 14, 2018 as well as Nasdaq.com‘s news article titled: “Solar Capital Ltd. (SLRC) Ex-Dividend Date Scheduled for March 20, 2019 – Nasdaq” with publication date: March 19, 2019.

Solar Capital Ltd. (NASDAQ:SLRC) Institutional Positions Chart

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Source: https://investtribune.com/analysts-see-0-44-eps-for-solar-capital-ltd-slrc/

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