TICC Capital (TICC) Given News Impact Rating of 0.03

Media stories about TICC Capital (NASDAQ:TICC) have been trending somewhat positive recently, Accern Sentiment Analysis reports. 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 publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TICC Capital earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned press coverage about the investment management company an impact score of 44.9200952496552 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several brokerages recently commented on TICC. Zacks Investment Research lowered shares of TICC Capital from a “buy” rating to a “hold” rating in a report on Saturday. National Securities lowered shares of TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 price target for the company. in a report on Monday, December 4th. ValuEngine raised shares of TICC Capital from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Ladenburg Thalmann Financial Services raised shares of TICC Capital from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. TICC Capital presently has a consensus rating of “Hold” and a consensus price target of $5.83.

Shares of TICC Capital (NASDAQ:TICC) opened at $5.61 on Tuesday. TICC Capital has a 1-year low of $5.17 and a 1-year high of $8.19. The stock has a market cap of $288.80, a price-to-earnings ratio of 5.34, a PEG ratio of 1.84 and a beta of 0.65. The company has a current ratio of 19.74, a quick ratio of 19.74 and a debt-to-equity ratio of 0.41.

TICC Capital (NASDAQ:TICC) last released its earnings results on Thursday, November 2nd. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.03). TICC Capital had a return on equity of 7.64% and a net margin of 94.98%. The business had revenue of $14.50 million for the quarter, compared to analysts’ expectations of $15.97 million. During the same period in the previous year, the company earned $0.30 EPS. TICC Capital’s quarterly revenue was down 19.9% compared to the same quarter last year. equities research analysts forecast that TICC Capital will post 0.57 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 14.26%. The ex-dividend date was Thursday, December 14th. TICC Capital’s payout ratio is 76.19%.

In related news, COO Saul B. Rosenthal bought 4,445 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were bought at an average price of $5.94 per share, with a total value of $26,403.30. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Saul B. Rosenthal bought 27,632 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was bought at an average cost of $6.06 per share, for a total transaction of $167,449.92. The disclosure for this purchase can be found here. Insiders purchased 299,792 shares of company stock valued at $1,777,006 in the last three months. 5.90% of the stock is currently owned by insiders.

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About TICC Capital

TICC Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company primarily focuses on seeking current income by investing primarily in corporate debt securities. The Company’s debt investments may include syndicated loans and bilateral loans.

Insider Buying and Selling by Quarter for TICC Capital (NASDAQ:TICC)

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