Fidus Investment (NASDAQ:FDUS – Get Free Report) issued its earnings results on Thursday. The asset manager reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.03, FiscalAI reports. The business had revenue of $45.91 million during the quarter, compared to analyst estimates of $44.31 million. Fidus Investment had a return on equity of 11.20% and a net margin of 43.83%.
Fidus Investment Stock Up 0.8%
Fidus Investment stock traded up $0.15 during mid-day trading on Friday, hitting $19.65. 557,727 shares of the company were exchanged, compared to its average volume of 226,081. Fidus Investment has a 1-year low of $16.86 and a 1-year high of $20.78. The business has a fifty day moving average of $19.24 and a 200 day moving average of $18.96. The company has a market capitalization of $745.72 million, a PE ratio of 9.49 and a beta of 0.71.
Fidus Investment Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 29th. Shareholders of record on Friday, December 18th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 8.8%. The ex-dividend date is Friday, December 18th. Fidus Investment’s dividend payout ratio is currently 82.30%.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Fidus Investment from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 31st. Keefe, Bruyette & Woods cut shares of Fidus Investment from an “outperform” rating to a “market perform” rating and set a $19.50 price objective for the company. in a research note on Monday, July 20th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $19.50.
View Our Latest Stock Report on Fidus Investment
Key Stories Impacting Fidus Investment
Here are the key news stories impacting Fidus Investment this week:
- Positive Sentiment: Fidus earned $0.54 per share in Q3, beating the $0.51 consensus and rising from $0.50 a year earlier. Revenue of $45.91 million also exceeded expectations of $44.31 million. The earnings beat is a positive signal for the business. Article: Fidus Investment Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: The board declared a $0.54-per-share Q4 dividend, comprising a $0.43 regular dividend and an additional $0.11, according to the reports. The regular dividend is payable Dec. 29 to shareholders of record Dec. 18; the payout may appeal to income-focused investors. Article: Fidus anticipates higher 2026 investment activity as board declares Q4 dividend
- Positive Sentiment: Management anticipates higher investment activity in 2026, suggesting potential for increased deployment of capital and future portfolio growth. Article: Fidus anticipates higher 2026 investment activity
Fidus Investment Company Profile
Fidus Investment Corporation (NASDAQ: FDUS) is a business development company that provides financing to privately owned, lower middle-market companies in the United States. The company supports businesses that may have limited access to traditional bank financing and seeks to generate income through a portfolio of corporate investments.
Fidus primarily invests in secured debt, including first-lien and second-lien loans, as well as mezzanine debt and, in some cases, equity interests. Its portfolio companies operate across a range of industries, allowing Fidus to provide customized financing for acquisitions, recapitalizations, growth initiatives and other corporate purposes.
Fidus Investment Corporation is externally managed by Fidus Investment Advisors, LLC.
Read More
- Five stocks we like better than Fidus Investment
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for Fidus Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidus Investment and related companies with MarketBeat.com's FREE daily email newsletter.
