Brokerages Expect Solar Senior Capital to Announce $0.34 Earnings Per Share (NASDAQ:SUNS)
Shares of Solar Senior Capital (NASDAQ:SUNS) have earned an average broker rating score of 2.50 (Hold) from the four analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. Solar Senior Capital’s rating score has improved by 16.7% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.
Brokers have set a 1-year consensus target price of $18.00 for the company and are expecting that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also given Solar Senior Capital an industry rank of 42 out of 265 based on the ratings given to its competitors.
Shares of Solar Senior Capital (NASDAQ:SUNS) opened at 15.50 on Thursday. Solar Senior Capital has a 1-year low of $14.51 and a 1-year high of $17.48. The stock has a 50-day moving average of $16. and a 200-day moving average of $15.. The company has a market cap of $178.76 million and a P/E ratio of 15.29.
Solar Senior Capital (NASDAQ:SUNS) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.01. On average, analysts predict that Solar Senior Capital will post $1.38 earnings per share for the current fiscal year.
Separately, analysts at Zacks downgraded shares of Solar Senior Capital from a “buy” rating to a “hold” rating in a research note on Wednesday.
Solar Senior Capital Ltd. (NASDAQ:SUNS) is a closed-end, externally managed, non-diversified management investment company, which has elected to be treated as a business development company (BDC). The Company invests in the United States middle markets companies.
To get a free copy of the research report on Solar Senior Capital (SUNS), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com