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PSEC Prospect Capital Corporation featured news, full reports, and detailed charts

Prospect Capital Corporation (PSEC) Wrap Up:

Prospect Capital is a financial services company that primarily lends to and invests in middle market privately-held or thinly traded public companies. Prospect Capital, a Maryland corporation, was organized on April 13, 2004 under the name “Prospect Street Energy Corporation” and we changed our name to “Prospect Energy Corporation” on June 23, 2004. On July 27, 2004, the Company completed its initial public offering (“IPO”) and sold 7,000,000 shares of common stock at a price of $15.00 per share, less underwriting discounts and commissions totaling $1.05 per share. Since the IPO, the Company has had an exercise of an over-allotment option with respect to the IPO on August 27, 2004, a public offering on August 10, 2006 and subsequent exercise of an over-allotment option on August 28, 2006, and a public offering on December 13, 2006 and subsequent exercise of an over-allotment option on January 11, 2007.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f09%2f28%2f0001206774-07-002222.html#FIS_BUSINESS"   
www.prospectstreet.com
Founded in 1988

Prospect Capital Corporation (PSEC:NASDAQ)

LAST $10.75 USD
CHANGE TODAY +0.01 0.09%
VOLUME 429.3K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Prospect Capital Corporation (PSEC)

OPEN
$10.74
PREVIOUS CLOSE
$10.74
DAY HIGH
$10.81
DAY LOW
$10.60
52 WEEK HIGH
01/6/09 - $12.95
52 WEEK LOW
03/9/09 - $6.18
MARKET CAP
590.2M
AVERAGE VOLUME 3 mo
740.7K
DILUTED EPS TTM
$0.58
SHARES OUTSTANDING
54.9M
EX-DATE
10/6/09
P/E TTM
18.5x
DIVIDEND
$1.63
DIVIDEND YIELD
15.16%
K = Thousands  M = Millions  B = Billions

PSEC Top Compensated Officers

Mr. John Francis Barry III
Executive Chairman, Chief Executive Officer, ...
Age: 57
Total Annual Compensation: --
Mr. Michael Grier Eliasek
President, Chief Operating Officer, Director,...
Age: 35
Total Annual Compensation: --
Mr. Brian H. Oswald CPA
Chief Financial Officer, Chief Compliance Off...
Age: 48
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Prospect Capital Corporation (PSEC)

Prospect Capital Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2009

Prospect Capital Corporation announced unaudited consolidated earnings results for the first quarter ended September 30, 2009. For the quarter, the company's net investment income was $12.3 million compared to $23.5 million for the same period prior year. Net asset value per share as of September 30, 2009: $11.11. Total Investment Income was $21.5 million as compared to $35.8 million for the same period prior year. Total interest income was $14.8 million as compared to $17.6 million for the same period prior year.

Prospect Capital Corporation, Q1 2010 Earnings Call, Nov-10-2009

Prospect Capital Corporation, Q1 2010 Earnings Call, Nov 10 2009

Prospect Capital Corporation, Annual General Meeting, Dec 11, 2009

Prospect Capital Corporation, Annual General Meeting, Dec 11, 2009, at 10:30 US Eastern Time. Location: 10 East 40 th Street, 44 th Floor, New York, NY 10016, United States. Agenda: o elect two Class II directors of the company to serve until the Annual Meeting of Stockholders in 2012, in each case, until their successors are duly elected and qualify; to consider and vote upon a proposal to authorize the company, with approval of its Board of Directors, to sell shares of its common stock at a price or prices below the company's then current net asset value per share in one or more offerings; and to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.

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PSEC Competitors

Company Last Change
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Industry Analysis

Valuation PSEC Industry Range
Price/Earnings 26.7x
Price/Sales 6.2x
Price/Book 1.0x
Price/Cash Flow 40.0x
TEV/Sales 6.8x

PSEC

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PSEC transactions

Type
Date
Target
Private Placement
September 21, 2009
--
Private Placement
August 17, 2009
--
Merger/Acquisition
August 3, 2009
Patriot Capital Funding, Inc.

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