Shares of SLR Investment Corp. (NASDAQ:SLRC – Get Free Report) have been assigned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.10.
Several equities analysts have weighed in on SLRC shares. Weiss Ratings restated a “hold (c-)” rating on shares of SLR Investment in a research note on Monday, October 26th. Wall Street Zen upgraded shares of SLR Investment from a “sell” rating to a “hold” rating in a research note on Saturday, October 31st. Zacks Research upgraded shares of SLR Investment from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, B. Riley Financial downgraded shares of SLR Investment from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th.
Read Our Latest Stock Analysis on SLR Investment
SLR Investment Trading Down 1.7%
Shares of SLRC stock opened at $11.98 on Friday. The stock has a 50 day simple moving average of $11.82 and a 200 day simple moving average of $13.35. The stock has a market cap of $642.97 million, a P/E ratio of 11.30 and a beta of 0.69. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.14. SLR Investment has a 1 year low of $10.96 and a 1 year high of $16.36.
SLR Investment (NASDAQ:SLRC – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The financial services provider reported $0.33 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.33. SLR Investment had a return on equity of 7.61% and a net margin of 28.75%. The business had revenue of $49.34 million for the quarter, compared to analyst estimates of $48.93 million. On average, research analysts predict that SLR Investment will post 1.31 earnings per share for the current fiscal year.
SLR Investment Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be paid a $0.31 dividend. The ex-dividend date is Monday, December 14th. This represents a $1.24 annualized dividend and a dividend yield of 10.4%. SLR Investment’s dividend payout ratio (DPR) is presently 91.85%.
Trending Headlines about SLR Investment
Here are the key news stories impacting SLR Investment this week:
- Positive Sentiment: Q3 earnings per share were $0.33, in line with estimates, while revenue of $49.34 million slightly exceeded forecasts. A report also said the quarterly distribution was covered, supporting the sustainability of the payout. SLR Investment Q3 2026: Distribution Covered, NAV Dips to $17.83
- Positive Sentiment: SLR declared a quarterly dividend of $0.31 per share, payable December 28 to shareholders of record December 14. The annualized payout is $1.24 per share. Dividend announcement
- Neutral Sentiment: The company outlined a $135 million note offering while indicating specialty finance originations remain at 95%. The financing may support ongoing operations, though the offering’s terms and use of proceeds will matter to investors. SLR Investment outlines $135M note offering
- Negative Sentiment: Net asset value fell to $17.83 per share, and the earnings-call coverage described management’s outlook as cautious amid credit risks. Those points raise concerns about portfolio valuations and borrower health. Earnings Call Signals Strength Amid Credit Risks
Insider Buying and Selling at SLR Investment
In other news, insider Michael Gross purchased 20,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were purchased at an average cost of $12.35 per share, with a total value of $247,000.00. Following the completion of the acquisition, the insider owned 4,065,153 shares in the company, valued at $50,204,639.55. This represents a 0.49% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 9.10% of the company’s stock.
Hedge Funds Weigh In On SLR Investment
Institutional investors and hedge funds have recently made changes to their positions in the business. N.E.W. Advisory Services LLC bought a new stake in shares of SLR Investment during the second quarter valued at approximately $28,000. Ascentis Independent Advisors purchased a new stake in shares of SLR Investment in the first quarter worth about $69,000. Rockefeller Capital Management L.P. grew its holdings in SLR Investment by 211.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 6,325 shares of the financial services provider’s stock valued at $98,000 after buying an additional 4,292 shares in the last quarter. Allworth Financial LP bought a new stake in SLR Investment in the 2nd quarter worth approximately $93,000. Finally, Nicholas Hoffman & Company LLC. bought a new stake in SLR Investment in the 1st quarter worth approximately $143,000. Institutional investors own 35.32% of the company’s stock.
About SLR Investment
SLR Investment Corp. (NASDAQ: SLRC) is a business development company that provides financing to middle-market companies, primarily in the United States. The company seeks to support businesses that may have limited access to traditional bank financing by investing in a range of debt and equity securities.
Its investment activities generally focus on senior secured loans, subordinated debt, mezzanine investments and equity interests. SLR Investment typically partners with private equity sponsors and company management teams, providing capital for acquisitions, recapitalizations, refinancing, growth initiatives and other corporate purposes.
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