Analysts expect Capitala Finance Corp (NASDAQ:CPTA) to post $0.27 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Capitala Finance’s earnings, with the highest EPS estimate coming in at $0.28 and the lowest estimate coming in at $0.26. Capitala Finance posted earnings of $0.43 per share during the same quarter last year, which suggests a negative year over year growth rate of 37.2%. The business is scheduled to issue its next quarterly earnings results on Tuesday, March 6th.

On average, analysts expect that Capitala Finance will report full year earnings of $1.02 per share for the current year, with EPS estimates ranging from $0.97 to $1.18. For the next fiscal year, analysts expect that the business will post earnings of $1.11 per share, with EPS estimates ranging from $1.00 to $1.18. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Capitala Finance.

Capitala Finance (NASDAQ:CPTA) last issued its quarterly earnings data on Monday, November 6th. The investment management company reported $0.28 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.28. The company had revenue of $12.31 million for the quarter, compared to analysts’ expectations of $12.42 million. Capitala Finance had a return on equity of 7.49% and a net margin of 3.04%.

A number of research analysts have commented on the company. Keefe, Bruyette & Woods restated a “hold” rating and set a $9.50 price objective on shares of Capitala Finance in a research note on Friday, November 10th. Zacks Investment Research upgraded Capitala Finance from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. ValuEngine cut Capitala Finance from a “buy” rating to a “hold” rating in a research note on Monday, November 20th. Finally, Jefferies Group cut Capitala Finance from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $13.50.

Capitala Finance (CPTA) opened at $7.82 on Friday. The company has a market capitalization of $124.62, a PE ratio of 71.09 and a beta of 0.97. Capitala Finance has a one year low of $7.12 and a one year high of $14.65. The company has a debt-to-equity ratio of 1.29, a quick ratio of 21.58 and a current ratio of 21.58.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, February 27th. Investors of record on Tuesday, February 20th will be paid a $0.0833 dividend. This represents a $1.00 annualized dividend and a dividend yield of 12.78%. The ex-dividend date is Friday, February 16th. Capitala Finance’s dividend payout ratio (DPR) is 909.09%.

In other Capitala Finance news, Director Larry W. Carroll purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were acquired at an average price of $7.50 per share, for a total transaction of $75,000.00. Following the completion of the purchase, the director now owns 130,000 shares in the company, valued at approximately $975,000. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Joseph B. Alala III purchased 89,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of $7.77 per share, for a total transaction of $691,530.00. Following the purchase, the insider now owns 9,611 shares of the company’s stock, valued at approximately $74,677.47. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 119,520 shares of company stock worth $922,892. Insiders own 8.40% of the company’s stock.

Several large investors have recently added to or reduced their stakes in CPTA. Russell Investments Group Ltd. acquired a new position in shares of Capitala Finance in the second quarter worth about $149,000. GSA Capital Partners LLP acquired a new position in shares of Capitala Finance in the second quarter worth about $150,000. JPMorgan Chase & Co. lifted its stake in shares of Capitala Finance by 396.2% in the second quarter. JPMorgan Chase & Co. now owns 24,609 shares of the investment management company’s stock worth $320,000 after acquiring an additional 19,650 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Capitala Finance in the second quarter worth about $454,000. Finally, Carroll Financial Associates Inc. lifted its stake in shares of Capitala Finance by 28.9% in the third quarter. Carroll Financial Associates Inc. now owns 103,133 shares of the investment management company’s stock worth $941,000 after acquiring an additional 23,133 shares in the last quarter. Institutional investors and hedge funds own 18.27% of the company’s stock.

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Capitala Finance 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.

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