The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Asian shares fall as investors brace for inflation report

  • A-Mark Precious Metals (NASDAQ:AMRK) vs. Maison Luxe (OTCMKTS:MASN) Head-To-Head Comparison

  • Stock Market LIVE: Indices flat; Nifty below 17,500; IT, Media drag

  • The big change coming to Australian inflation after Reserve Bank governor Philip Lowe laughed at

  • South Korean won, Philippines peso lead losses among subdued Asian currencies

Investment
Home›Investment›$0.41 EPS Expected for Fidus Investment Co. (NASDAQ:FDUS) This Quarter

$0.41 EPS Expected for Fidus Investment Co. (NASDAQ:FDUS) This Quarter

By Megan
May 31, 2022
18
0
Share:

Fidus Investment logoAnalysts expect that Fidus Investment Co. (NASDAQ:FDUS – Get Rating) will announce earnings per share (EPS) of $0.41 for the current quarter, Zacks reports. Two analysts have provided estimates for Fidus Investment’s earnings, with the highest EPS estimate coming in at $0.42 and the lowest estimate coming in at $0.40. Fidus Investment reported earnings per share of $0.42 in the same quarter last year, which would indicate a negative year over year growth rate of 2.4%. The company is expected to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Fidus Investment will report full-year earnings of $1.64 per share for the current financial year, with EPS estimates ranging from $1.63 to $1.66. For the next fiscal year, analysts forecast that the firm will report earnings of $1.84 per share, with EPS estimates ranging from $1.79 to $1.89. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Fidus Investment.

Fidus Investment (NASDAQ:FDUS – Get Rating) last announced its quarterly earnings data on Thursday, May 5th. The asset manager reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. Fidus Investment had a return on equity of 9.18% and a net margin of 138.01%. The company had revenue of $17.08 million for the quarter, compared to analyst estimates of $20.16 million. During the same quarter last year, the firm earned $0.45 EPS.

(Ad)

What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%!

When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.

A number of equities analysts have issued reports on the company. Hovde Group cut their price target on Fidus Investment to $19.00 in a research note on Friday, May 20th. Zacks Investment Research lowered shares of Fidus Investment from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th. B. Riley increased their target price on shares of Fidus Investment from $19.50 to $21.50 in a report on Monday, March 7th. StockNews.com downgraded shares of Fidus Investment from a “buy” rating to a “hold” rating in a research note on Friday, May 13th. Finally, Raymond James increased their price target on shares of Fidus Investment from $19.50 to $21.50 and gave the company an “outperform” rating in a report on Monday, March 7th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $21.25.

NASDAQ FDUS traded up $0.35 during trading hours on Monday, hitting $19.93. 1,149 shares of the company traded hands, compared to its average volume of 101,711. The business’s 50-day moving average is $19.86 and its 200-day moving average is $18.79. The stock has a market capitalization of $487.09 million, a price-to-earnings ratio of 4.19 and a beta of 1.63. Fidus Investment has a twelve month low of $16.09 and a twelve month high of $21.15.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 24th. Shareholders of record on Friday, June 10th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 7.23%. The ex-dividend date of this dividend is Thursday, June 9th. Fidus Investment’s payout ratio is currently 30.25%.

A number of hedge funds have recently made changes to their positions in FDUS. MAI Capital Management purchased a new stake in shares of Fidus Investment during the 4th quarter valued at about $247,000. Eagle Global Advisors LLC grew its holdings in Fidus Investment by 105.2% during the 4th quarter. Eagle Global Advisors LLC now owns 31,270 shares of the asset manager’s stock valued at $562,000 after purchasing an additional 16,030 shares during the last quarter. D.A. Davidson & CO. grew its holdings in Fidus Investment by 19.4% during the 4th quarter. D.A. Davidson & CO. now owns 21,500 shares of the asset manager’s stock valued at $387,000 after purchasing an additional 3,500 shares during the last quarter. Raymond James Trust N.A. grew its holdings in Fidus Investment by 7.0% during the 4th quarter. Raymond James Trust N.A. now owns 33,336 shares of the asset manager’s stock valued at $599,000 after purchasing an additional 2,176 shares during the last quarter. Finally, RMB Capital Management LLC bought a new position in Fidus Investment during the 4th quarter valued at about $719,000.

About Fidus Investment (Get Rating)

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.

Further Reading

Get a free copy of the Zacks research report on Fidus Investment (FDUS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Fidus Investment right now?

Before you consider Fidus Investment, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Fidus Investment wasn’t on the list.

While Fidus Investment currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 

Source link

Tagsconsensus analyst ratingFidus Investmentinstant alertsNASDAQ:FDUS
Previous Article

Dolly Varden Silver : Q1 2022 Interim ...

Next Article

B2B Retail Marketplace Betastore Nets $2.5M

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Investment

    American Equity Investment Life Holding (NYSE:AEL) Sees Significant Increase in Short Interest

    May 30, 2022
    By Megan
  • Investment

    Short Interest in New Residential Investment Corp. (NYSE:NRZ) Declines By 22.1%

    May 30, 2022
    By Megan
  • Brokers

    Brokers Issue Forecasts for Champion Iron Limited’s Q1 2023 Earnings (TSE:CIA)

    July 14, 2022
    By Megan
  • Gold and Precious Metals

    Wheaton Precious Metals Corp. (TSE:WPM) Receives Consensus Rating of “Buy” from Analysts

    June 5, 2022
    By Megan
  • Investment

    Q2 2022 EPS Estimates for American Equity Investment Life Holding (NYSE:AEL) Decreased by Jefferies Financial Group

    June 7, 2022
    By Megan
  • Brokers

    Jefferies Financial Group Weighs in on Interactive Brokers Group, Inc.’s FY2022 Earnings (NASDAQ:IBKR)

    July 11, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Stock Shares

    Justin Bourassa Acquires 300,000 Shares of Camino Minerals Co. (CVE:COR) Stock

  • Stock Shares

    Adani Gas Share Price: Adani Gas shares up 0.17% as Nifty gains

  • Stock Shares

    Stocks slump as Dimon warns of ‘negative consequences’ from inflation, Fed

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • August 10, 2022

    Asian shares fall as investors brace for inflation report

  • August 10, 2022

    A-Mark Precious Metals (NASDAQ:AMRK) vs. Maison Luxe (OTCMKTS:MASN) Head-To-Head Comparison

  • August 10, 2022

    Stock Market LIVE: Indices flat; Nifty below 17,500; IT, Media drag

  • August 10, 2022

    The big change coming to Australian inflation after Reserve Bank governor Philip Lowe laughed at

  • August 10, 2022

    South Korean won, Philippines peso lead losses among subdued Asian currencies

Best Reviews

Latest News

Stock Shares

Asian shares fall as investors brace for inflation report

People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik Register now for FREE unlimited access ...
  • A-Mark Precious Metals (NASDAQ:AMRK) vs. Maison Luxe (OTCMKTS:MASN) Head-To-Head Comparison

    By Megan
    August 10, 2022
  • Stock Market LIVE: Indices flat; Nifty below 17,500; IT, Media drag

    By Megan
    August 10, 2022
  • The big change coming to Australian inflation after Reserve Bank governor Philip Lowe laughed at

    By Megan
    August 10, 2022
  • South Korean won, Philippines peso lead losses among subdued Asian currencies

    By Megan
    August 10, 2022
  • Recent

  • Popular

  • Comments

  • Asian shares fall as investors brace for inflation report

    By Megan
    August 10, 2022
  • A-Mark Precious Metals (NASDAQ:AMRK) vs. Maison Luxe (OTCMKTS:MASN) Head-To-Head Comparison

    By Megan
    August 10, 2022
  • Stock Market LIVE: Indices flat; Nifty below 17,500; IT, Media drag

    By Megan
    August 10, 2022
  • The big change coming to Australian inflation after Reserve Bank governor Philip Lowe laughed at

    By Megan
    August 10, 2022
  • Asian shares fall as investors brace for inflation report

    By Megan
    August 10, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Stock Shares

    Asian shares fall as investors brace for inflation report

    People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik Register now for FREE unlimited access ...
  • Gold and Precious Metals

    A-Mark Precious Metals (NASDAQ:AMRK) vs. Maison Luxe (OTCMKTS:MASN) Head-To-Head Comparison

    A-Mark Precious Metals (NASDAQ:AMRK – Get Rating) and Maison Luxe (OTCMKTS:MASN – Get Rating) are both small-cap consumer discretionary companies, but which is the superior business? We will compare the ...
  • Stock Shares

    Stock Market LIVE: Indices flat; Nifty below 17,500; IT, Media drag

    Asian markets started on a negative note following a retreat in Wall Street. This was mostly due to the caution ahead of US inflation data that will shape nvestor expectations ...
  • Australian Economy

    The big change coming to Australian inflation after Reserve Bank governor Philip Lowe laughed at

    How Reserve Bank boss getting LAUGHED at on the world stage will radically change Australia’s economy The Australian Bureau of Statistics is trialing a new monthly inflation data series Reserve ...
  • Currencies

    South Korean won, Philippines peso lead losses among subdued Asian currencies

    BENGALURU (Aug 10): Most Asian currencies were subdued on Wednesday, while most stock markets in the region fell, tracking losses on Wall Street, as investors awaited US inflation data later ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.