Better Times Ahead For Prospect Capital Corp (NASDAQ: PSEC)?

Prospect Capital Corp (PSEC) concluded trading on Wednesday at a closing price of $3.47, with 5.45 million shares of worth about $18.92 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.49% during that period and on May 21, 2025 the price saw a loss of about -4.41%. Currently the company’s common shares owned by public are about 451.53M shares, out of which, 324.42M shares are available for trading.

Stock saw a price change of -4.93% in past 5 days and over the past one month there was a price change of -2.53%. Year-to-date (YTD), PSEC shares are showing a performance of -19.49% which decreased to -38.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.39 but also hit the highest price of $5.72 during that period. The average intraday trading volume for Prospect Capital Corp shares is 3.13 million. The stock is currently trading -4.13% below its 20-day simple moving average (SMA20), while that difference is down -8.73% for SMA50 and it goes to -23.15% lower than SMA200.

Prospect Capital Corp (NASDAQ: PSEC) currently have 451.53M outstanding shares and institutions hold larger chunk of about 11.02% of that.

The stock has a current market capitalization of $1.57B and its 3Y-monthly beta is at 0.87. It has posted earnings per share of -$0.86 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PSEC, volatility over the week remained 2.39% while standing at 2.49% over the month.

Analysts are in expectations that Prospect Capital Corp (PSEC) stock would likely to be making an EPS of 0.13 in the current quarter, while forecast for next quarter EPS is 0.13 and it is 0.47 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.13 which is 0.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.25 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -47.06% while it is estimated to decrease by -12.96% in next year.

Coverage by Wells Fargo stated Prospect Capital Corp (PSEC) stock as an Underweight in their note to investors on June 25, 2020, suggesting a price target of $4.50 for the stock. On April 20, 2020, Raymond James Downgrade their recommendations, while on January 22, 2019, Barclays Downgrade their ratings for the stock with a price target of $6. Stock get a Mkt perform rating from Raymond James on August 30, 2017.

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