News articles about Fifth Street Finance Corp. (NASDAQ:FSC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fifth Street Finance Corp. earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news headlines about the credit services provider an impact score of 46.2367314945569 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities research analysts recently issued reports on the stock. Maxim Group reaffirmed a “hold” rating on shares of Fifth Street Finance Corp. in a research note on Thursday, August 10th. TheStreet raised shares of Fifth Street Finance Corp. from a “d+” rating to a “c” rating in a research note on Wednesday, September 6th. Zacks Investment Research downgraded shares of Fifth Street Finance Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. National Securities reaffirmed a “buy” rating and set a $7.00 price target on shares of Fifth Street Finance Corp. in a research note on Monday, August 14th. Finally, ValuEngine raised shares of Fifth Street Finance Corp. from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Fifth Street Finance Corp. presently has an average rating of “Hold” and a consensus target price of $5.68.
Fifth Street Finance Corp. (NASDAQ:FSC) traded down 1.12% during midday trading on Friday, hitting $5.32. 554,221 shares of the stock traded hands. The company has a 50-day moving average of $5.40 and a 200-day moving average of $4.71. Fifth Street Finance Corp. has a 1-year low of $3.90 and a 1-year high of $5.95.
Fifth Street Finance Corp. (NASDAQ:FSC) last announced its quarterly earnings data on Wednesday, August 9th. The credit services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Fifth Street Finance Corp. had a negative net margin of 37.21% and a positive return on equity of 8.27%. The company had revenue of $44.92 million during the quarter, compared to analysts’ expectations of $43.35 million. On average, equities analysts anticipate that Fifth Street Finance Corp. will post $0.56 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 9.40%. The ex-dividend date of this dividend is Thursday, December 14th. Fifth Street Finance Corp.’s payout ratio is -15.38%.
TRADEMARK VIOLATION WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Impact Fifth Street Finance Corp. (NASDAQ:FSC) Share Price” was originally posted by BBNS and is owned by of BBNS. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://baseballnewssource.com/markets/fifth-street-finance-corp-fsc-receives-daily-media-sentiment-rating-of-0-24/1566396.html.
Fifth Street Finance Corp. Company Profile
Fifth Street Finance Corp. is a specialty finance company. The Company is a closed-end, non-diversified management investment company. The Company acts as a business development company (BDC). The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments, and capital appreciation from its equity investments.
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