Media coverage about FS Investment Corporation (NYSE:FSIC) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. FS Investment Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.4701806317363 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- FS Investment Corporation (FSIC) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
- FS Investment Corporation (FSIC) Stock Rating Reaffirmed by National Securities (americanbankingnews.com)
- FS Investment Corporation (FSIC) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- FS Investment’s (FSIC) CEO Michael Forman on Q3 2017 Results – Earnings Call Transcript – Seeking Alpha (seekingalpha.com)
- Edited Transcript of FSIC earnings conference call or presentation 10-Nov-17 3:00pm GMT (finance.yahoo.com)
FS Investment Corporation (NYSE FSIC) remained flat at $$8.20 during mid-day trading on Tuesday. The company had a trading volume of 832,900 shares, compared to its average volume of 1,089,129. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.74. FS Investment Corporation has a one year low of $7.65 and a one year high of $10.80. The company has a market cap of $2,010.00, a price-to-earnings ratio of 9.65, a PEG ratio of 3.40 and a beta of 0.94.
FS Investment Corporation (NYSE:FSIC) last released its quarterly earnings data on Thursday, November 9th. The financial services provider reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The company had revenue of $103.69 million for the quarter, compared to analysts’ expectations of $97.03 million. FS Investment Corporation had a net margin of 52.49% and a return on equity of 8.97%. sell-side analysts predict that FS Investment Corporation will post 0.8 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 20th will be paid a dividend of $0.19 per share. The ex-dividend date is Tuesday, December 19th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 9.27%. FS Investment Corporation’s dividend payout ratio (DPR) is currently 100.00%.
A number of equities analysts have issued reports on FSIC shares. Zacks Investment Research upgraded FS Investment Corporation from a “hold” rating to a “buy” rating and set a $9.25 price target for the company in a research note on Monday. National Securities reaffirmed a “neutral” rating and issued a $10.00 price objective on shares of FS Investment Corporation in a report on Monday. BidaskClub downgraded shares of FS Investment Corporation from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. Keefe, Bruyette & Woods set a $9.00 price objective on shares of FS Investment Corporation and gave the company a “hold” rating in a report on Thursday, October 5th. Finally, ValuEngine raised shares of FS Investment Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. FS Investment Corporation presently has an average rating of “Hold” and an average target price of $9.56.
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FS Investment Corporation Company Profile
FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies.
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