marrio31 Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the fourth week of January. Mar ...

ARCC和CSWC公司比较 - ARCC和CSWC都是主要专注于向中小型企业贷款的公司[2] - ARCC在当前低增长、高利率环境下表现略好于CSWC[5] - ARCC和CSWC都面临经济衰退的风险，尤其是在浮动利率贷款方面[10] CSWC公司特点 - CSWC的投资组合更加保守，更有利于经济衰退时的防御[5] - CSWC的资产负债表更加保守，负债比率较低，现金流充裕[6] - CSWC的管理团队采取保守的资产负债表策略，注重资本流动性[8] - CSWC的估值相对较高，P/NAV比例较大，而ARCC的估值相对较低[15] - CSWC的费用率较低，管理更加高效，而ARCC由外部管理，费用率较高[16] - 目前对ARCC和CSWC持中立态度，CSWC适合保守投资者，ARCC适合更加激进的投资者[20]

In its upcoming report, Ares Capital (ARCC) is predicted by Wall Street analysts to post quarterly earnings of $0.59 per share, reflecting a decline of 6.4% compared to the same period last year. Revenues are forecasted to be $683.52 million, representing a year-over-year increase of 6.8%. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a compan ...

EschCollection Investment Thesis Ares Capital (NASDAQ:ARCC) is a business development company (BDC) that specializes in buying debt and equity of private middle market companies. As of Q3 of 2023, Ares Capital had a portfolio of over $21.9 billion, consisting of ~66% senior secured loans. Ares Capital is the largest business development company by market capitalization, with a current market cap of over $11.5 billion. 2023 has been a great year for BDCs as a whole with high interest rates leading to record ...

Prospect Capital CEO Unloads Shares as Stock Rebounds Mike Rosiana / iStock via Getty Images Investors can learn a lot by following the behavior of company insiders when it comes to how they handle positions in their own company. People can sell for many reasons (buying a house, paying for college, or getting ready for retirement). They generally only buy for one reason: to make more money. The chief executive ...

Ares Capital (ARCC) ended the recent trading session at $20.23, demonstrating a -1.84% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 1.61%. At the same time, the Dow lost 0.82%, and the tech-heavy Nasdaq lost 2.23%. Shares of the private equity firm have appreciated by 2.9% over the course of the past month, outperforming the Finance sector's loss of 1.3% and lagging the S&P 500's gain of 3.28%. The upcoming earnings release of Ares Capital will ...

公司概况 - ARCC是一家投资于中等市值公司债务和股权的BDC，主要投资于第一和第二抵押贷款，以及其他类型的债务、股权和优先股[1] - ARCC的投资组合多样化，涉及23个行业的490家不同公司，最大的行业暴露在Q3末是软件和服务领域，占23%[2] - ARCC由全球资产管理公司ARES外部管理，ARES拥有3950亿美元的资产管理规模[4] 交易展望 - ARCC在2024年预计交易量将有所改善，CEO表示预计新的投资机会将增加，私募股权公司之间的交易也将加速[8] 财务表现 - ARCC的核心EPS在过去两年中因利率上升而增长，导致浮动利率投资的回报率提高，核心EPS和股息也有所增加[17] - ARCC的股息应该保持良好覆盖，目前为止，其股息收益率为9.3%，我预计公司的公允价值在18.99-22.79美元之间[19] 评级和目标价 - 鉴于利率的预期变化，我将ARCC的评级设为“持有”，目标价为20美元[20]

In the latest trading session, Ares Capital (ARCC) closed at $20.49, marking a +0.79% move from the previous day. This move outpaced the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.64%, and the Nasdaq, a tech-heavy index, added 0.19%. Heading into today, shares of the private equity firm had gained 1.4% over the past month, outpacing the Finance sector's loss of 2.41% and lagging the S&P 500's gain of 2.48% in that time. Market participants will be closely following the financial results of A ...

投资组合翻倍 - Rule of 72是一个简单的概念，允许投资者快速计算（和估计）在给定一定年回报率的情况下，投资组合翻倍所需的年数[1] - 通过选择特定公司或投资工具，投资者可以在相对保守的方式下，在8年内将投资组合价值翻倍[12] 投资组合稳定性 - 通过重点关注多样化、规模、健康资产负债表和防御性行业，投资者可以显著增加收益和投资组合稳定性[17]

Buying dividend stocks is one of the best decisions investors can make. Over the past 100 years, dividend payers have handily outperformed non-payers by a wide margin and with less risk. But many people think that dividend investing means you have to settle for slow-growing, boring stocks that offer dull yields. Chasing high yield is indeed a fool’s errand and very risky because ultra-high-yield stocks often have problems. The yield spikes as the stock price falls, which may indicate underlying issues, whet ...