Press coverage about Capitala Finance Corp. (NASDAQ:CPTA) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern 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 daily sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 47.597798861218 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Capitala Finance Corp. (NASDAQ:CPTA) Sees Significantly Lower Trading Volume - Modern Readers (modernreaders.com)
- Capitala Group Announces New Hires and Recent Promotions - Business Wire (press release) (businesswire.com)
- Capitala Finance Corp. (NASDAQ:CPTA) Set to Announce Earnings on Monday (americanbankingnews.com)
Several equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods set a $15.00 price target on shares of Capitala Finance Corp. and gave the company a “hold” rating in a research note on Wednesday, May 31st. Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Capitala Finance Corp. in a research note on Wednesday, April 19th. Zacks Investment Research raised shares of Capitala Finance Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Wunderlich raised shares of Capitala Finance Corp. from a “hold” rating to a “buy” rating and raised their price target for the company from $14.50 to $15.50 in a research note on Monday, May 15th. Finally, FBR & Co raised their price target on shares of Capitala Finance Corp. from $14.00 to $15.00 and gave the company a “market perform” rating in a research note on Tuesday, May 9th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $15.44.
Shares of Capitala Finance Corp. (NASDAQ CPTA) opened at 12.77 on Monday. Capitala Finance Corp. has a 52-week low of $11.51 and a 52-week high of $15.80. The stock’s 50 day moving average is $13.25 and its 200 day moving average is $13.80.
Capitala Finance Corp. (NASDAQ:CPTA) last announced its quarterly earnings data on Monday, May 8th. The investment management company reported $0.39 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.39. The firm had revenue of $14.82 million during the quarter, compared to analyst estimates of $16.23 million. Capitala Finance Corp. had a net margin of 27.75% and a return on equity of 11.06%. On average, equities research analysts expect that Capitala Finance Corp. will post $1.54 EPS for the current fiscal year.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 23rd will be issued a $0.13 dividend. The ex-dividend date of this dividend is Monday, August 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 12.22%. Capitala Finance Corp.’s payout ratio is 135.65%.
COPYRIGHT VIOLATION WARNING: This piece was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://stocknewstimes.com/2017/08/07/capitala-finance-corp-nasdaqcpta-given-media-sentiment-score-of-0-18-updated-updated.html.
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.
Receive News & Ratings for Capitala Finance Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitala Finance Corp. and related companies with MarketBeat.com's FREE daily email newsletter.
