Analysts Weigh in on Fifth Street Finance (FSC)

It tells an investor how quickly a company is increasing its revenues. (NASDAQ:FSC) for 80,852 shares. Manufacturers Life Insurance The invested 0.02% in Fifth Street Finance Corp. (NASDAQ:FSC). 318,137 are held by Royal Comml Bank Of Canada. Fifth Street Asset Management pays out -5,000.0% of its earnings in the form of a dividend.

Fifth Street Finance (NASDAQ:FSC)’s revenue estimates for the current quarter are $44.07 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $45.55 Million in contradiction of low revenue estimates of $43 Million.

Dividend History for Fifth Street Finance Corp. Earnings per share serves as an indicator of a company’s profitability. Verition Fund Lc has invested 0.01% in Fifth Street Finance Corp.

Many analysts are providing their Estimated Earnings analysis for Fifth Street Finance Corp. and for the current quarter 7 analysts have projected that the stock could give an Average Earnings estimate of $0.13/share. (NASDAQ:FSC) Earnings Growing Rapidly? The credit services provider reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by $0.02. (NASDAQ:FSC) or 1.27 million shares. The firm had revenue of $11.02 million during the quarter. $2.21 million worth of Fifth Street Finance Corp.

On 3/22/2017 Leonard M Tannenbaum, Major Shareholder, bought 477,484 with an average share price of $4.64 per share and the total transaction amounting to $2,215,525.76. $50,000 worth of Prudential Financial Inc (NYSE:PRU) shares were bought by TODMAN MICHAEL.

(+) FSC, (+13.9%) Fifth Street Asset Management inks definitive asset purchase agreement with Oaktree Capital ( OAK ), which will become the new investment adviser for its Fifth Street Finance ( FSC ) and Fifth Street Senior Floating Rate Corp ( FSFR ) affiliates for $320 mln in cash.

12/02/2015 – Fifth Street Finance Corp. had its ” rating reiterated by analysts at Keefe, Bruyette & Woods. Fifth Street Senior Floating Rate Corp. has a 52 week low of $7.34 and a 52 week high of $10.37. Therefore 38% are positive. Ares Management LLC increased its position in Fifth Street Finance Corp.by 5.1% in the first quarter. The stock’s 50 day SMA price is $7.69 and its 200 SMA price is $8.58. (FSC) are stable and safe compared to the lower market capitalization companies. SELL rating has been given by 0 analyst (s) and 4 analyst (s) given BUY rating to the stock.

Recent Insider Trading Activity For Fifth Street Finance Corp. (NASDAQ:XENT) stock price started the day at $28.15 and moved between $28.15 – 29.20 to finally close at $29.00. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders’ equity even more. Suntrust Robinson downgraded the stock to “Neutral” rating in Thursday, June 30 report. Maxim Group cut shares of Fifth Street Senior Floating Rate Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, April 6th. The company was upgraded on Tuesday, January 19 by Wells Fargo.

7/17/2017-JMP Securities Upgrade from a “Market Perform ” rating to a ” Outperform” rating.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. The Company has over $4.8 billion of assets under management (AUM) in approximately two business development companies (BDCs), Medley Capital Corporation (MCC) and Sierra Income Corporation (SIC), as well as private investment vehicles. Prologis Inc (NYSE:PLD) has risen 18.74% since July 17, 2016 and is uptrending. It has underperformed by 14.37% the S&P500. The Company’s segment provides asset management services to the Fifth Street Funds. The company has market cap of $893.26 million. The Company conducts all of its operations through its subsidiaries, Fifth Street Management LLC (FSM), Fifth Street CLO Management LLC (CLO Management) and FSCO GP LLC (FSCO GP).