Equities analysts expect Alcentra Capital Corp (NASDAQ:ABDC) to post earnings of $0.20 per share for the current quarter, according to Zacks. Three analysts have provided estimates for Alcentra Capital’s earnings, with the highest EPS estimate coming in at $0.21 and the lowest estimate coming in at $0.19. Alcentra Capital posted earnings per share of $0.25 in the same quarter last year, which would suggest a negative year over year growth rate of 20%. The company is expected to report its next earnings report on Monday, August 5th.
According to Zacks, analysts expect that Alcentra Capital will report full-year earnings of $0.81 per share for the current year, with EPS estimates ranging from $0.79 to $0.83. For the next fiscal year, analysts anticipate that the business will report earnings of $0.80 per share. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Alcentra Capital.
Alcentra Capital (NASDAQ:ABDC) last issued its quarterly earnings results on Monday, May 6th. The asset manager reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. The company had revenue of $6.43 million during the quarter, compared to the consensus estimate of $6.24 million. Alcentra Capital had a return on equity of 8.84% and a net margin of 14.50%.
A number of hedge funds have recently added to or reduced their stakes in the business. Two Sigma Investments LP acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $265,000. Squarepoint Ops LLC acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $165,000. Globeflex Capital L P acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $698,000. Millennium Management LLC acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $107,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Alcentra Capital during the first quarter worth about $85,000. Institutional investors and hedge funds own 35.65% of the company’s stock.
ABDC traded up $0.05 during trading on Monday, reaching $8.46. The company had a trading volume of 990 shares, compared to its average volume of 30,309. The company has a market capitalization of $109.22 million, a PE ratio of 8.38 and a beta of 0.60. The business’s 50 day moving average is $8.35. Alcentra Capital has a 52 week low of $5.58 and a 52 week high of $8.70.
The firm also recently announced a None dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Friday, June 28th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a yield of 8.55%. Alcentra Capital’s payout ratio is 71.29%.
About Alcentra Capital
Alcentra Capital Corporation is a business development company specializing in investments in lower middle-market companies. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector.
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