PS
Prospect Capital Corp
PSEC—
Prospect Capital Corp AI Insights
Informational only. Not investment advice.Snapshot
- TTM net income of -257.9M with negative revenue (-197.6M) signals severe portfolio distress - investment losses exceeding interest income.[Net Income TTM]
- Trading at 0.76x P/B vs 3.43 book value per share - market pricing 24% permanent capital impairment.[P/B Ratio]
- FCF TTM of 628.4M masks reality - driven by portfolio liquidations, not sustainable operations.[Free Cash Flow TTM]
Watch Triggers
- Dividends Paid Per Share: Cut below 0.40/share annualized — Dividend cut would remove primary holder incentive, likely triggering 20%+ selloff
- Net Income TTM: Return to positive territory — Would validate NAV discount as opportunity vs value trap
- Gain/Loss on Investment Securities: Quarterly losses exceeding 50M — Signals continued portfolio credit deterioration requiring further writedowns
Bull Case
Deep discount to NAV (0.76x P/B) offers margin of safety if portfolio stabilizes - tangible book of 3.0B vs 2.3B market cap.
P/B RatioTangible Book ValueBook Value Per Share
PCF ratio of 3.6x vs industry 12x median suggests cash generation undervalued if losses are non-recurring.
P/CF RatioFree Cash Flow TTM
Bear Case
Negative revenue (-197.6M) indicates investment portfolio generating losses exceeding income - structural BDC model failure.
Total Revenue TTMNet Income TTMROIC TTM
5Y EPS CAGR of -29% and revenue CAGR of -13% show persistent deterioration, not cyclical downturn.
EPS Growth 5yrTotal Revenue 5yr Growth
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
30%
Leverage PSEC's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Dividend sustainability at risk - 0.555/share TTM payout exceeds earnings by 1.44/share
3-12mhigh
- EPS TTM of -0.89 vs dividend of 0.555
- Debt/equity at 0.64 limits refinancing
- Net debt issuance -168M shows deleveraging pressure
Negative net income -257.9M TTMInterest expense 124.4M TTMTotal debt 1.92B vs equity 3.0B
Valuation Context
Caveats
Public Strategies Rankings
See how Prospect Capital Corp ranks across different investment strategies.
Leverage PSEC's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
PSEC Fundamentals
Finance and Insurance → Securities, Commodity Contracts, and Other Financial Investments and Related Activities
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$2.51B | — | ||
$4.35B | — | ||
0.00 | — | ||
$-197.65M | — | ||
$-0.89 | — | ||
0% | — | ||
131% | +115.0% | — | |
$628.44M | +75.2% | — | |
-0.08 | -8.3% | — | |
Beta 5Y (Monthly) | unknown | — |
PSEC Dividend History
210 dividends
2026
$0.045001/28/26$0.0450
2025
$0.540012/29/25$0.0450
11/25/25$0.0450
10/29/25$0.0450
09/26/25$0.0450
08/27/25$0.0450
07/29/25$0.0450
06/26/25$0.0450
05/28/25$0.0450
04/28/25$0.0450
03/27/25$0.0450
02/26/25$0.0450
01/29/25$0.0450
2024
$0.690012/27/24$0.0450
11/26/24$0.0450
10/29/24$0.0600
09/26/24$0.0600
08/28/24$0.0600
07/29/24$0.0600
06/26/24$0.0600
05/29/24$0.0600
04/25/24$0.0600
03/26/24$0.0600
02/26/24$0.0600
01/26/24$0.0600
2023
$0.720012/26/23$0.0600
11/27/23$0.0600
10/26/23$0.0600
09/26/23$0.0600
08/28/23$0.0600
07/26/23$0.0600
06/27/23$0.0600
05/25/23$0.0600
04/25/23$0.0600
03/28/23$0.0600
02/23/23$0.0600
01/26/23$0.0600
2022
$0.720012/27/22$0.0600
11/25/22$0.0600
10/26/22$0.0600
09/27/22$0.0600
08/26/22$0.0600
07/26/22$0.0600
06/27/22$0.0600
05/26/22$0.0600
04/26/22$0.0600
03/28/22$0.0600
02/23/22$0.0600
01/26/22$0.0600
2021
$0.720012/28/21$0.0600
11/24/21$0.0600
10/26/21$0.0600
09/27/21$0.0600
08/26/21$0.0600
07/27/21$0.0600
06/25/21$0.0600
05/26/21$0.0600
04/29/21$0.0600
03/30/21$0.0600
02/25/21$0.0600
01/28/21$0.0600
2020
$0.720012/30/20$0.0600
11/27/20$0.0600
10/29/20$0.0600
09/29/20$0.0600
08/28/20$0.0600
07/30/20$0.0600
06/29/20$0.0600
05/28/20$0.0600
04/29/20$0.0600
03/30/20$0.0600
02/27/20$0.0600
01/30/20$0.0600
2019
$0.720012/31/19$0.0600
11/27/19$0.0600
10/30/19$0.0600
09/27/19$0.0600
08/29/19$0.0600
07/30/19$0.0600
06/27/19$0.0600
05/30/19$0.0600
04/29/19$0.0600
03/28/19$0.0600
02/27/19$0.0600
01/30/19$0.0600
2018
$0.720012/31/18$0.0600
11/29/18$0.0600
10/30/18$0.0600
09/27/18$0.0600
08/30/18$0.0600
07/30/18$0.0600
06/28/18$0.0600
05/30/18$0.0600
04/27/18$0.0600
03/28/18$0.0600
02/27/18$0.0600
01/30/18$0.0600
2017
$0.906612/28/17$0.0600
11/29/17$0.0600
10/30/17$0.0600
09/28/17$0.0600
08/29/17$0.0833
07/27/17$0.0833
06/28/17$0.0833
05/26/17$0.0833
04/26/17$0.0833
03/29/17$0.0833
02/24/17$0.0833
01/27/17$0.0833
2016
$1.000012/28/16$0.0833
11/28/16$0.0833
10/27/16$0.0833
09/28/16$0.0833
08/29/16$0.0833
07/27/16$0.0833
06/28/16$0.0833
05/26/16$0.0833
04/27/16$0.0833
03/29/16$0.0833
02/25/16$0.0833
01/27/16$0.0833
2015
$1.027312/29/15$0.0833
11/25/15$0.0833
10/28/15$0.0833
09/28/15$0.0833
08/27/15$0.0833
07/29/15$0.0833
06/26/15$0.0833
05/27/15$0.0833
04/28/15$0.0833
03/27/15$0.0833
02/25/15$0.0833
01/28/15$0.1106
2014
$1.325512/29/14$0.1106
11/25/14$0.1106
10/29/14$0.1105
09/26/14$0.1105
08/27/14$0.1105
07/29/14$0.1105
06/26/14$0.1105
05/28/14$0.1104
04/28/14$0.1104
03/27/14$0.1104
02/26/14$0.1104
01/29/14$0.1103
2013
$1.321912/27/13$0.1103
11/26/13$0.1103
10/29/13$0.1103
09/26/13$0.1102
08/28/13$0.1102
07/29/13$0.1102
06/26/13$0.1101
05/29/13$0.1101
04/26/13$0.1101
03/26/13$0.1101
02/26/13$0.1100
01/29/13$0.1100
2012
$1.227112/27/12$0.1100
11/28/12$0.1017
10/29/12$0.1017
09/26/12$0.1016
08/29/12$0.1016
07/27/12$0.1016
06/27/12$0.1016
05/29/12$0.1015
04/26/12$0.1015
03/28/12$0.1015
02/27/12$0.1014
01/27/12$0.1014
2011
$1.215112/28/11$0.1014
11/28/11$0.1014
10/27/11$0.1013
09/28/11$0.1013
08/29/11$0.1013
07/27/11$0.1013
06/28/11$0.1013
05/26/11$0.1012
04/27/11$0.1012
03/29/11$0.1012
02/24/11$0.1012
01/27/11$0.1011
2010
$1.114012/29/10$0.1010
11/26/10$0.1009
10/27/10$0.1008
09/28/10$0.1006
08/27/10$0.1005
07/28/10$0.1003
06/28/10$0.1000
03/30/10$0.4100
2009
$1.627512/29/09$0.4088
10/06/09$0.4075
07/06/09$0.4063
03/27/09$0.4050
2008
$1.607512/29/08$0.4037
09/26/08$0.4025
06/26/08$0.4012
03/27/08$0.4000
2007
$1.565012/26/07$0.3950
09/17/07$0.3925
06/20/07$0.3900
03/21/07$0.3875
2006
$1.405012/27/06$0.3850
09/20/06$0.3800
06/21/06$0.3400
03/22/06$0.3000
2005
$0.755012/20/05$0.2800
09/20/05$0.2000
06/08/05$0.1500
03/09/05$0.1250
2004
$0.100012/08/04$0.1000
PSEC Stock Splits
No stock splits
PSEC SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
11/06/25 | 09/30/25 | 10-Q | |
08/26/25 | 06/30/25 | Unknown | |
05/08/25 | 03/31/25 | 10-Q | |
02/10/25 | 12/31/24 | 10-Q | |
11/08/24 | 09/30/24 | 10-Q | |
08/28/24 | 06/30/24 | 10-K | |
05/08/24 | 03/31/24 | 10-Q | |
02/08/24 | 12/31/23 | 10-Q | |
11/08/23 | 09/30/23 | 10-Q | |
09/08/23 | 06/30/23 | 10-K | |
05/09/23 | 03/31/23 | 10-Q | |
02/08/23 | 12/31/22 | 10-Q | |
11/09/22 | 09/30/22 | 10-Q | |
09/06/22 | 06/30/22 | 10-K | |
05/09/22 | 03/31/22 | 10-Q | |
02/08/22 | 12/31/21 | 10-Q | |
11/08/21 | 09/30/21 | 10-Q | |
08/25/21 | 06/30/21 | 10-K | |
05/10/21 | 03/31/21 | 10-Q | |
02/09/21 | 12/31/20 | 10-Q | |
11/09/20 | 09/30/20 | 10-Q | |
08/26/20 | 06/30/20 | 10-K | |
05/11/20 | 03/31/20 | 10-Q | |
02/10/20 | 12/31/19 | 10-Q | |
11/06/19 | 09/30/19 | 10-Q | |
08/27/19 | 06/30/19 | 10-K | |
05/08/19 | 03/31/19 | 10-Q | |
02/06/19 | 12/31/18 | 10-Q | |
11/06/18 | 09/30/18 | 10-Q | |
08/28/18 | 06/30/18 | 10-K | |
05/09/18 | 03/31/18 | 10-Q | |
02/07/18 | 12/31/17 | 10-Q | |
11/08/17 | 09/30/17 | 10-Q | |
08/28/17 | 06/30/17 | 10-K | |
05/09/17 | 03/31/17 | 10-Q | |
02/08/17 | 12/31/16 | 10-Q | |
11/08/16 | 09/30/16 | 10-Q | |
08/29/16 | 06/30/16 | 10-K | |
05/10/16 | 03/31/16 | 10-Q | |
02/09/16 | 12/31/15 | 10-Q | |
11/04/15 | 09/30/15 | 10-Q | |
08/26/15 | 06/30/15 | 10-K | |
05/06/15 | 03/31/15 | 10-Q | |
02/04/15 | 12/31/14 | 10-Q | |
11/06/14 | 09/30/14 | 10-Q | |
08/25/14 | 06/30/14 | 10-K | |
05/06/14 | 03/31/14 | 10-Q | |
02/03/14 | 12/31/13 | 10-Q | |
11/04/13 | 09/30/13 | 10-Q | |
08/21/13 | 06/30/13 | 10-K | |
05/06/13 | 03/31/13 | 10-Q | |
02/07/13 | 12/31/12 | 10-Q | |
11/08/12 | 09/30/12 | 10-Q | |
08/22/12 | 06/30/12 | 10-K | |
05/10/12 | 03/31/12 | 10-Q | |
02/09/12 | 12/31/11 | 10-Q | |
11/09/11 | 09/30/11 | 10-Q | |
08/29/11 | 06/30/11 | 10-K | |
05/10/11 | 03/31/11 | 10-Q | |
02/09/11 | 12/31/10 | 10-Q | |
11/09/10 | 09/30/10 | 10-Q | |
08/30/10 | 06/30/10 | 10-K | |
05/10/10 | 03/31/10 | 10-Q | |
02/09/10 | 12/31/09 | 10-Q | |
11/09/09 | 09/30/09 | 10-Q | |
09/14/09 | 06/30/09 | 10-K | |
05/11/09 | 03/31/09 | 10-Q | |
02/09/09 | 12/31/08 | 10-Q | |
11/10/08 | 09/30/08 | 10-Q | |
09/09/08 | 06/30/08 | 10-K | |
05/12/08 | 03/31/08 | 10-Q | |
02/11/08 | 12/31/07 | 10-Q | |
11/09/07 | 09/30/07 | 10-Q | |
09/28/07 | 06/30/07 | 10-K | |
05/10/07 | 03/31/07 | 10-Q | |
02/09/07 | 12/31/06 | 10-Q | |
11/09/06 | 09/30/06 | 10-Q | |
09/28/06 | 06/30/06 | 10-K | |
05/10/06 | 03/31/06 | 10-Q | |
02/09/06 | 12/31/05 | 10-Q | |
11/14/05 | 09/30/05 | 10-Q | |
10/13/05 | 06/30/05 | 10-K | |
05/13/05 | 03/31/05 | 10-Q | |
02/10/05 | 12/31/04 | 10-Q | |
11/12/04 | 09/30/04 | 10-Q | |
09/28/06 | 06/30/04 | 10-K |