SLRC - Solar Capital Ltd Stock Price, Fair Value and News

16.21USD+0.05 (+0.31%)Delayed

Market Summary

USD16.21+0.05

Delayed

0.31%

SLRC Alerts

Big jump in Earnings (Y/Y)

SLRC Stock Price

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SLRC RSI Chart

SLRC Valuation

Market Cap

884.3M

Price/Earnings (Trailing)

9.08

Price/Sales (Trailing)

3.78

Price/Free Cashflow

-11.19

SLRC Price/Sales (Trailing)

SLRC Profitability

Return on Assets

3.95%

Free Cashflow Yield

-8.94%

SLRC Fundamentals

SLRC Revenue

Revenue (TTM)

233.9M

Rev. Growth (Yr)

8.5%

Rev. Growth (Qtr)

-2.82%

SLRC Earnings

Earnings (TTM)

97.4M

Earnings Growth (Yr)

308.43%

Earnings Growth (Qtr)

17.99%

Breaking Down SLRC Revenue

Last 30 days

8.7%

Last 90 days

8.0%

Trailing 12 Months

16.1%

How does SLRC drawdown profile look like?

SLRC Financial Health

SLRC Investor Care

Diluted EPS (TTM)

1.78

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	233.9M	0	0	0
2023	198.0M	211.6M	223.7M	229.3M
2022	0	152.1M	164.8M	177.5M
2021	0	0	0	139.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Solar Capital Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	gross michael s	sold	-	-	-202,577	see remarks
Mar 13, 2024	spohler bruce j	acquired	-	-	202,577	see remarks
Mar 13, 2024	gross michael s	acquired	-	-	202,577	see remarks
Mar 13, 2024	spohler bruce j	sold	-	-	-202,577	see remarks
Mar 08, 2024	gross michael s	bought	356,291	15.74	22,636	see remarks
Mar 08, 2024	spohler bruce j	bought	356,291	15.74	22,636	see remarks
Mar 07, 2024	spohler bruce j	bought	734,124	15.72	46,700	see remarks
Mar 07, 2024	gross michael s	bought	734,124	15.72	46,700	see remarks
Mar 06, 2024	gross michael s	bought	721,048	15.44	46,700	see remarks
Mar 06, 2024	spohler bruce j	bought	721,048	15.44	46,700	see remarks

Which funds bought or sold SLRC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	unchanged	-	581	27,845	-%
May 16, 2024	Garner Asset Management Corp	new	-	904,000	904,000	0.44%
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-590,078	-	-%
May 15, 2024	Cubist Systematic Strategies, LLC	new	-	517,771	517,771	-%
May 15, 2024	Virtus ETF Advisers LLC	added	40.6	229,727	756,724	0.40%
May 15, 2024	WEDBUSH SECURITIES INC	added	25.96	134,000	603,000	0.02%
May 15, 2024	DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)	new	-	208,591	208,591	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	449	122,073	148,526	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-11.65	-514,856	4,753,900	0.01%
May 15, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-500,755	-	-%

Are Funds Buying or Selling SLRC?

Are funds buying SLRC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SLRC

No. of Funds

SLRC Alerts

Big jump in Earnings (Y/Y)

Unveiling Solar Capital Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2024	gross michael s	7.4%	4,032,649	SC 13D/A
Feb 09, 2024	thornburg investment management inc	7.95%	4,338,599	SC 13G
Feb 13, 2023	thornburg investment management inc	7.92%	4,338,599	SC 13G
Apr 11, 2022	gross michael s	6.2%	3,411,266	SC 13D
Mar 03, 2022	gross michael s	6.4%	2,705,638	SC 13G/A
Feb 14, 2022	gross michael s	6.4%	2,705,638	SC 13G/A
Feb 07, 2022	thornburg investment management inc	10.54%	4,453,425	SC 13G/A
Feb 07, 2022	thornburg investment management inc	10.54%	4,453,425	SC 13G/A
Feb 04, 2022	wellington management group llp	2.85%	1,206,447	SC 13G/A

Recent SEC filings of Solar Capital Ltd

View All Filings

Date Filed	Form Type	Document
May 08, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
Apr 17, 2024	N-2ASR	N-2ASR
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 08, 2024	SC 13D/A	13D - Major Acquisition
Mar 08, 2024	40-17G	40-17G
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to Solar Capital Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	120.7B	18.3B	7.75%	21.34%	20.39	6.58	5.32%	20.80%
BX	89.8B	10.3B	2.05%	51.09%	41.74	8.7	116.39%	249.10%
ARES	45.1B	3.6B	10.55%	75.18%	95.05	12.68	12.70%	183.11%
BK	44.5B	19.6B	9.27%	44.86%	13.33	2.27	78.39%	20.24%
BEN	12.8B	8.1B	-2.18%	-1.62%	14.21	1.58	2.98%	5.84%
MID-CAP
IVZ	7.2B	5.8B	4.99%	4.37%	-21.34	1.25	-1.10%	-153.42%
AMG	5.1B	2.0B	0.28%	11.53%	7.38	2.49	-8.91%	-39.33%
AB	3.9B	-	4.19%	-3.10%	14.21	-	-	7.16%
CNS	3.7B	486.3M	9.54%	29.26%	28.98	7.61	-9.75%	-22.27%
APAM	3.6B	1.0B	6.30%	36.32%	15.6	3.59	6.21%	20.27%
AMK	2.5B	722.2M	-1.99%	19.50%	17.56	3.5	12.85%	46.40%
SMALL-CAP
PX	948.7M	250.6M	10.01%	-21.97%	-360.78	3.79	18.02%	-111.85%
BSIG	861.0M	440.5M	1.74%	-	12.59	1.95	11.01%	-22.97%
AINC	16.6M	770.8M	0.62%	-50.36%	-3.82	0.02	10.81%	-208.39%
AC	733.0K	23.1M	5.94%	-11.35%	0.02	0.03	53.41%	323.95%

Solar Capital Ltd News

Latest updates

Solar Capital Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)									(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2021Q4
Revenue	-2.8%	58.00	60.00	60.00	56.00	54.00	54.00	48.00	43.00	-
Interest Expenses	-	18.00	-	-	-	15.00	-	-	-	-
Income Taxes	-3.0%	19.00	19.00	19.00	17.00	17.00	14.00	13.00	11.00	10.00
Net Income	18.0%	28.00	24.00	27.00	19.00	7.00	19.00	14.00	-15.65	-
Net Income Margin	25.1%	0.42*	0.33*	0.32*	0.28*	0.12*	0.10*	0.36*	0.39*	0.43*
Free Cashflow	-80.8%	7.00	38.00	39.00	-163	10.00	240	-227	-225	-217

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet										(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q4	2022Q3	2022Q2	2021Q4
Assets	-2.2%	2,468	2,524	2,539	2,553	2,556	2,538	461	2,455	2,392	2,011
Cash Equivalents	-10.5%	308	344	343	348	444	428	-	277	378	323
Liabilities	-4.0%	1,476	1,537	1,554	1,572	1,572	1,538	-	1,449	1,377	1,169
Retained Earnings	4.2%	-126	-131	-177	-182	-	-163	-	-	-	-
Additional Paid-In Capital	0%	1,118	1,118	1,163	1,163	1,163	1,163	-	1,164	1,164	937
Shares Outstanding	0%	55.00	55.00	55.00	55.00	55.00	55.00	-	55.00	55.00	42.00
Float	-	-	-	-	717	-	-	-	-	742	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)													(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Cashflow From Operations	-80.8%	7,339	38,229	39,367	-163,982	9,503	239,805	-227,922	-225,054	304,230	-217,593	-38,112	-	-
Cashflow From Financing	-17.5%	-43,370	-36,898	-44,172	67,176	6,598	-88,386	127,132	13,854	-38,261	80,535	30,379	-	-
Buy Backs	-	-	-	-	-	10.00	3,038	-	-	-	-	-	-	-

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SLRC Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INVESTMENT INCOME:
Total investment income	$ 58,099	$ 53,547
EXPENSES:
Management fees (see note 3)	7,882	7,706
Performance-based incentive fees (see note 3)	5,952	5,509
Interest and other credit facility expenses (see note 7)	18,188	15,286
Administrative services expense (see note 3)	1,376	1,508
Other general and administrative expenses	895	1,501
Total expenses	34,293	31,510
Performance-based incentive fees waived (see note 3)	(46)	(110)
Net expenses	34,247	31,400
Net investment income	23,852	22,147
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND CASH EQUIVALENTS:
Net realized gain on investments and cash equivalents (companies less than 5% owned)	135	687
Net change in unrealized gain (loss) on investments and cash equivalents:
Net change in unrealized gain (loss) on investments and cash equivalents	3,884	(16,010)
Net realized and unrealized gain (loss) on investments and cash equivalents	4,019	(15,323)
Net increase in net assets resulting from operations	$ 27,871	$ 6,824
EARNINGS PER SHARE (see note 5), Basic	$ 0.51	$ 0.13
EARNINGS PER SHARE (see note 5), Diluted	$ 0.51	$ 0.13
Companies less than 5% owned [Member]
INVESTMENT INCOME:
Interest	$ 41,004	$ 37,338
Other income	574	2,322
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND CASH EQUIVALENTS:
Net realized gain on investments and cash equivalents (companies less than 5% owned)	135	687
Net change in unrealized gain (loss) on investments and cash equivalents:
Net change in unrealized gain (loss) on investments and cash equivalents	3,484	(14,271)
Companies 5% to 25% owned [Member]
INVESTMENT INCOME:
Interest	831	0
Net change in unrealized gain (loss) on investments and cash equivalents:
Net change in unrealized gain (loss) on investments and cash equivalents	1	0
Companies more than 25% owned [Member]
INVESTMENT INCOME:
Interest	3,338	2,711
Dividends	12,227	11,176
Other income	125	0
Net change in unrealized gain (loss) on investments and cash equivalents:
Net change in unrealized gain (loss) on investments and cash equivalents	$ 399	$ (1,739)

About Solar Capital Ltd

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate activities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non-precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.

CEO	Mr. Michael Stuart Gross
WEBSITE	https://slrinvestmentcorp.com
INDUSTRY	Asset Management

Solar Capital Ltd Frequently Asked Questions

What is the ticker symbol for Solar Capital Ltd? What does SLRC stand for in stocks?

SLRC is the stock ticker symbol of Solar Capital Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Solar Capital Ltd (SLRC)?

As of Fri May 17 2024, market cap of Solar Capital Ltd is 884.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SLRC stock?

You can check SLRC's fair value in chart for subscribers.

What is the fair value of SLRC stock?

You can check SLRC's fair value in chart for subscribers. The fair value of Solar Capital Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Solar Capital Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SLRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Solar Capital Ltd a good stock to buy?

The fair value guage provides a quick view whether SLRC is over valued or under valued. Whether Solar Capital Ltd is cheap or expensive depends on the assumptions which impact Solar Capital Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SLRC.

What is Solar Capital Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SLRC's PE ratio (Price to Earnings) is 9.08 and Price to Sales (PS) ratio is 3.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SLRC PE ratio will change depending on the future growth rate expectations of investors.