Capitala Finance Corp. (CPTA) Getting Positive Press Coverage, Analysis Finds
News headlines about Capitala Finance Corp. (NASDAQ:CPTA) have been trending positive on Saturday, AlphaOne reports. AlphaOne, a service of Accern, identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capitala Finance Corp. earned a coverage optimism score of 0.31 on AlphaOne’s scale. AlphaOne also gave headlines about the investment management company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near term.
Capitala Finance Corp. (CPTA) traded up 0.96% during midday trading on Friday, hitting $13.66. The stock had a trading volume of 62,192 shares. Capitala Finance Corp. has a one year low of $11.51 and a one year high of $15.80. The stock has a 50-day moving average price of $13.72 and a 200 day moving average price of $13.77. The firm has a market cap of $217.03 million, a PE ratio of 11.88 and a beta of 1.02.
Capitala Finance Corp. (NASDAQ:CPTA) last announced its quarterly earnings results on Monday, May 8th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. The business had revenue of $14.82 million for the quarter, compared to the consensus estimate of $16.23 million. Capitala Finance Corp. had a return on equity of 11.06% and a net margin of 27.75%. On average, analysts predict that Capitala Finance Corp. will post $1.57 earnings per share for the current year.
The business also recently declared a monthly dividend, which will be paid on Thursday, June 29th. Investors of record on Wednesday, June 21st will be issued a $0.13 dividend. This represents a $1.56 annualized dividend and a dividend yield of 11.42%. The ex-dividend date is Monday, June 19th. Capitala Finance Corp.’s dividend payout ratio (DPR) is 135.65%.
A number of brokerages have weighed in on CPTA. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $15.00 price objective on shares of Capitala Finance Corp. in a research note on Friday, April 28th. Jefferies Group LLC reiterated a “buy” rating and issued a $17.00 price objective on shares of Capitala Finance Corp. in a research note on Wednesday, March 8th. TheStreet upgraded Capitala Finance Corp. from a “c” rating to a “b-” rating in a research note on Friday, April 7th. FBR & Co reiterated a “hold” rating and issued a $14.00 price objective on shares of Capitala Finance Corp. in a research note on Friday, March 10th. Finally, Zacks Investment Research cut Capitala Finance Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Capitala Finance Corp. presently has an average rating of “Hold” and an average target price of $15.50.
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About Capitala Finance Corp.
Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
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