Capitala Finance Corp. (NASDAQ:CPTA) – Stock analysts at Oppenheimer Holdings increased their FY2016 earnings per share (EPS) estimates for shares of Capitala Finance Corp. in a report issued on Thursday. Oppenheimer Holdings analyst C. Kotowski now forecasts that the firm will post earnings per share of $1.77 for the year, up from their prior forecast of $1.72. Oppenheimer Holdings has a “Market Perform” rating and a $16.00 price target on the stock. Oppenheimer Holdings also issued estimates for Capitala Finance Corp.’s Q1 2017 earnings at $0.34 EPS, Q2 2017 earnings at $0.38 EPS, Q3 2017 earnings at $0.42 EPS and Q4 2017 earnings at $0.42 EPS.

Capitala Finance Corp. (NASDAQ:CPTA) last released its quarterly earnings data on Tuesday, November 8th. The investment management company reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.01. Capitala Finance Corp. had a negative net margin of 11.51% and a positive return on equity of 11.51%.

Earnings History and Estimates for Capitala Finance Corp. (NASDAQ:CPTA)

A number of other equities analysts have also commented on the stock. Wunderlich lowered shares of Capitala Finance Corp. from a “buy” rating to a “hold” rating and dropped their price target for the company from $15.50 to $14.50 in a research report on Friday, September 23rd. Ladenburg Thalmann raised shares of Capitala Finance Corp. from a “neutral” rating to a “buy” rating and set a $14.75 price target on the stock in a research report on Thursday, October 6th. Zacks Investment Research upgraded shares of Capitala Finance Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 31st. JMP Securities downgraded shares of Capitala Finance Corp. from an “outperform” rating to a “market perform” rating in a research note on Friday, September 23rd. Finally, TheStreet upgraded shares of Capitala Finance Corp. from a “sell” rating to a “hold” rating in a research note on Monday, September 26th. Ten equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $15.39.

Shares of Capitala Finance Corp. (NASDAQ:CPTA) opened at 12.05 on Monday. Capitala Finance Corp. has a 12-month low of $9.54 and a 12-month high of $15.80. The company has a 50 day moving average of $12.94 and a 200-day moving average of $13.92.

A number of large investors have recently bought and sold shares of CPTA. Advisors Asset Management Inc. increased its stake in Capitala Finance Corp. by 12.6% in the second quarter. Advisors Asset Management Inc. now owns 791,589 shares of the investment management company’s stock worth $11,082,000 after buying an additional 88,295 shares in the last quarter. UBS Group AG increased its stake in shares of Capitala Finance Corp. by 10.7% in the third quarter. UBS Group AG now owns 377,887 shares of the investment management company’s stock valued at $4,954,000 after buying an additional 36,533 shares in the last quarter. Ares Management LLC increased its stake in shares of Capitala Finance Corp. by 392.1% in the third quarter. Ares Management LLC now owns 258,465 shares of the investment management company’s stock valued at $3,388,000 after buying an additional 205,939 shares in the last quarter. Muzinich & Co. Inc. increased its stake in shares of Capitala Finance Corp. by 65.3% in the third quarter. Muzinich & Co. Inc. now owns 208,183 shares of the investment management company’s stock valued at $2,729,000 after buying an additional 82,251 shares in the last quarter. Finally, Stephens Inc. AR increased its stake in shares of Capitala Finance Corp. by 0.9% in the third quarter. Stephens Inc. AR now owns 119,643 shares of the investment management company’s stock valued at $1,569,000 after buying an additional 1,072 shares in the last quarter. Hedge funds and other institutional investors own 23.02% of the company’s stock.

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 29th. Shareholders of record on Wednesday, December 21st will be paid a dividend of $0.13 per share. The ex-dividend date is Monday, December 19th. This represents a $1.56 dividend on an annualized basis and a yield of 12.95%. Capitala Finance Corp.’s dividend payout ratio is currently -305.88%.

Capitala Finance Corp. Company Profile

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.

5 Day Chart for NASDAQ:CPTA

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