Solar Senior Capital Ltd. (NASDAQ:SUNS) – Research analysts at Oppenheimer Holdings issued their FY2016 EPS estimates for Solar Senior Capital in a report released on Tuesday. Oppenheimer Holdings analyst C. Kotowski expects that the brokerage will post earnings of $1.43 per share for the year. Oppenheimer Holdings has a “Outperform” rating and a $17.00 price objective on the stock. Oppenheimer Holdings also issued estimates for Solar Senior Capital’s Q4 2016 earnings at $0.36 EPS, Q1 2017 earnings at $0.35 EPS, Q2 2017 earnings at $0.35 EPS, Q3 2017 earnings at $0.35 EPS, Q4 2017 earnings at $0.36 EPS and FY2017 earnings at $1.41 EPS.

Other research analysts have also recently issued research reports about the stock. TheStreet upgraded shares of Solar Senior Capital from a “hold” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research raised shares of Solar Senior Capital from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a report on Saturday, November 5th. Citigroup Inc. started coverage on shares of Solar Senior Capital in a report on Friday, November 4th. They set a “neutral” rating and a $16.00 target price for the company. Finally, Ladenburg Thalmann lowered shares of Solar Senior Capital from a “buy” rating to a “neutral” rating in a report on Thursday, August 4th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $16.75.

Earnings History and Estimates for Solar Senior Capital (NASDAQ:SUNS)

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Shares of Solar Senior Capital (NASDAQ:SUNS) opened at 16.68 on Friday. Solar Senior Capital has a one year low of $12.80 and a one year high of $17.09. The company’s 50 day moving average price is $15.97 and its 200 day moving average price is $16.19. The stock has a market capitalization of $267.30 million, a price-to-earnings ratio of 14.16 and a beta of 0.45.

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Wednesday, November 23rd will be issued a dividend of $0.1175 per share. This represents a $1.41 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date is Monday, November 21st. Solar Senior Capital’s dividend payout ratio is presently 120.51%.

ILLEGAL ACTIVITY WARNING: This report was posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright legislation. The original version of this report can be viewed at https://www.thecerbatgem.com/2016/11/26/brokers-offer-predictions-for-solar-senior-capital-ltd-s-fy2016-earnings-suns.html.

Hedge funds have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its stake in Solar Senior Capital by 25.1% in the third quarter. Advisors Asset Management Inc. now owns 320,678 shares of the company’s stock worth $5,198,000 after buying an additional 64,301 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Solar Senior Capital by 74.5% in the third quarter. JPMorgan Chase & Co. now owns 312,388 shares of the company’s stock valued at $5,063,000 after buying an additional 133,409 shares during the period. UBS Group AG raised its position in shares of Solar Senior Capital by 37.8% in the third quarter. UBS Group AG now owns 298,854 shares of the company’s stock valued at $4,845,000 after buying an additional 82,041 shares during the period. B. Riley Financial Inc. raised its position in shares of Solar Senior Capital by 1.5% in the third quarter. B. Riley Financial Inc. now owns 282,323 shares of the company’s stock valued at $4,576,000 after buying an additional 4,170 shares during the period. Finally, Ares Management LLC purchased a new position in shares of Solar Senior Capital during the third quarter valued at about $3,745,000. 18.72% of the stock is owned by hedge funds and other institutional investors.

Solar Senior Capital Company Profile

Solar Senior Capital Ltd. (SUNS) is a management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. It invests in senior loans, including first lien and second lien debt instruments. It also invests in debt of public companies that are thinly traded.

5 Day Chart for NASDAQ:SUNS

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