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

October 13, 2017 - By Louis Casey

 EPS for Solar Capital Ltd. (SLRC) Expected At $0.41
Investors sentiment decreased to 1.1 in Q2 2017. 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.
Wells Fargo And Mn owns 256,522 shares for 0% of their portfolio. Wfg Advsrs L P reported 0% stake. Mckinley Capital Mgmt Limited Liability Company Delaware has 0.18% invested in Solar Capital Ltd. (NASDAQ:SLRC). Confluence Inv Mgmt Ltd Liability Com owns 0.22% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 499,080 shares. Selway Asset Mngmt reported 0.82% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Argent Management Lc invested 0.1% in Solar Capital Ltd. (NASDAQ:SLRC). Wellington Management Gru Limited Liability Partnership stated it has 5.92 million shares or 0.03% of all its holdings. West Family Invs has 2.19% invested in Solar Capital Ltd. (NASDAQ:SLRC) for 479,013 shares. Jbf Capital holds 0.01% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC) for 5,000 shares. Eagle Boston Investment Management Inc holds 0.84% or 355,281 shares in its portfolio. Bbva Compass Comml Bank accumulated 18,580 shares or 0.03% of the stock. Meritage Portfolio reported 169,288 shares. Putnam Investments, a Massachusetts-based fund reported 111,622 shares. New York-based Blackrock has invested 0% in Solar Capital Ltd. (NASDAQ:SLRC). Moreover, Goldman Sachs Group Inc has 0% invested in Solar Capital Ltd. (NASDAQ:SLRC).

Analysts await Solar Capital Ltd. (NASDAQ:SLRC) to report earnings on November, 1. They expect $0.41 EPS, 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 EPS 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 stock has “Neutral” rating by Citigroup on Wednesday, March 30. The firm earned “Neutral” rating on Tuesday, August 16 by Citigroup. Ladenburg Thalmann downgraded Solar Capital Ltd. (NASDAQ:SLRC) on Friday, February 24 to “Neutral” rating. The firm has “Buy” rating by Deutsche Bank given on Thursday, February 25. Keefe Bruyette & Woods maintained the shares of SLRC in report on Wednesday, August 2 with “Hold” rating. As per Wednesday, September 30, the company rating was initiated by DA Davidson. The stock has “Buy” rating by Deutsche Bank on Thursday, August 4. The company was upgraded on Thursday, August 6 by Ladenburg Thalmann. As per Sunday, July 23, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by National Securities with “Buy” on Wednesday, August 5.

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: Marketwired.com which released: “Solar Capital Ltd. Acquires Nations Equipment Finance; Continuation of …” on August 01, 2017, also Nasdaq.com published article titled: “Solar Capital Ltd. (SLRC) Ex-Dividend Date Scheduled for September 20, 2017”, Globenewswire.com published: “Solar Capital Ltd. Schedules the Release of its Financial Results for the …” on September 29, 2017. More interesting news about Solar Capital Ltd. (NASDAQ:SLRC) was released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Las Vegas Sands, Marriott Vacations Worldwide and Solar …” with publication date: September 18, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.