RAND - Rand Capital Corp Stock Price, Fair Value and News

14.85USD+0.08 (+0.54%)Delayed as of 14 May 2024, 01:23 pm ET

Market Summary

USD14.85+0.08

Delayedas of 14 May 2024, 01:23 pm

0.54%

RAND Stock Price

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RAND RSI Chart

RAND Valuation

Market Cap

38.1M

Price/Earnings (Trailing)

6.62

Price/Sales (Trailing)

5.05

Price/Free Cashflow

-4.35

RAND Price/Sales (Trailing)

RAND Profitability

Return on Equity

9.35%

Return on Assets

6.82%

Free Cashflow Yield

-23.01%

RAND Fundamentals

RAND Revenue

Revenue (TTM)

7.6M

Rev. Growth (Yr)

11.65%

Rev. Growth (Qtr)

7.1%

RAND Earnings

Earnings (TTM)

5.8M

Earnings Growth (Yr)

-35.52%

Earnings Growth (Qtr)

28.5%

Breaking Down RAND Revenue

52 Week Range

14.85

(Low)(High)

Last 7 days

6.8%

Last 30 days

5.6%

Last 90 days

8.8%

How does RAND drawdown profile look like?

RAND Financial Health

RAND Investor Care

Diluted EPS (TTM)

2.23

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	7.6M	0	0	0
2023	6.5M	7.0M	7.1M	7.3M
2022	4.5M	4.9M	5.3M	5.8M
2021	0	0	0	4.1M

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Tracking the Latest Insider Buys and Sells of Rand Capital Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	godley benjamin e	bought	27,411	13.95	1,965	-
Mar 07, 2024	godley benjamin e	bought	2,560	13.99	183	-
Mar 06, 2024	godley benjamin e	bought	11,885	13.95	852	-
Aug 17, 2023	godley benjamin e	bought	1,315	13.15	100	-
Aug 16, 2023	godley benjamin e	bought	24,662	12.98	1,900	-
Aug 16, 2023	gusky adam samuel	bought	23,509	12.96	1,814	-
Aug 15, 2023	gusky adam samuel	bought	13,100	13.1	1,000	-
Jun 13, 2023	jaroslawsky cari l	bought	596	13.25	45.00	-
Jun 07, 2023	jaroslawsky cari l	bought	5,498	13.25	415	-
Jun 06, 2023	jaroslawsky cari l	bought	66.25	13.25	5.00	-

Which funds bought or sold RAND recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	OSAIC HOLDINGS, INC.	sold off	-100	-12,990	-	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	unchanged	-	-2.00	23.00	-%
May 08, 2024	SHUFRO ROSE & CO LLC	reduced	-3.54	13,137	578,275	0.05%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Feb 14, 2024	Ewing Morris & Co. Investment Partners Ltd.	new	-	242,315	242,315	0.17%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	reduced	-8.24	-106	1,013	-%
Feb 13, 2024	MORGAN STANLEY	new	-	18.00	18.00	-%
Feb 09, 2024	UBS Group AG	added	2,592	41,065	42,672	-%
Jan 29, 2024	NOTTINGHAM ADVISORS, INC.	unchanged	-	-3,443	248,486	0.04%

Are Funds Buying or Selling RAND?

Are funds buying RAND calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RAND

No. of Funds

Recent SEC filings of Rand Capital Corp

View All Filings

Date Filed	Form Type	Document
May 13, 2024	8-K	Current Report
May 13, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 01, 2024	DEF 14A	DEF 14A
Apr 01, 2024	ARS	ARS
Apr 01, 2024	40-17F2	40-17F2
Mar 13, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 05, 2024	8-K	Current Report
Mar 05, 2024	10-K	Annual Report

Peers (Alternatives to Rand Capital Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	117.4B	18.3B	3.51%	22.50%	19.84	6.4	5.32%	20.80%
BX	87.3B	10.3B	-1.08%	47.41%	40.55	8.45	116.39%	249.10%
ARES	43.4B	3.6B	6.69%	70.86%	91.49	12.21	12.70%	183.11%
BK	43.3B	19.6B	5.07%	44.06%	12.96	2.2	78.39%	20.24%
BEN	12.6B	8.1B	-5.75%	-2.20%	14.02	1.56	2.98%	5.84%
MID-CAP
IVZ	7.1B	5.8B	2.93%	3.75%	-21.06	1.23	-1.10%	-153.42%
AMG	5.0B	2.0B	-3.46%	10.70%	7.25	2.45	-8.91%	-39.33%
AB	3.8B	-	-1.39%	-4.33%	13.72	-	-	7.16%
APAM	3.6B	1.0B	3.33%	42.38%	15.61	3.59	6.21%	20.27%
CNS	3.6B	486.3M	0.77%	29.80%	27.89	7.33	-9.75%	-22.27%
AMK	2.5B	722.2M	-6.04%	21.17%	17.55	3.5	12.85%	46.40%
SMALL-CAP
PX	956.7M	250.6M	8.06%	-17.72%	-363.84	3.82	18.02%	-111.85%
BSIG	850.8M	440.5M	0.89%	-	12.44	1.93	11.01%	-22.97%
AINC	16.6M	770.8M	2.33%	-54.89%	-3.82	0.02	10.81%	-208.39%
AC	714.8K	25.3M	3.32%	-9.14%	0.02	0.03	137.10%	176.58%

Rand Capital Corp News

Latest updates

Rand Capital Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)										(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	7.1%	2,067	1,930	1,741	1,815	1,851	1,733	1,554	1,353	1,125	-
Operating Expenses	21.0%	1,227	1,014	810	1,307	1,048	275	499	96.00	345	-
Interest Expenses	15.7%	390	337	291	259	158	-	26.00	-	-	-
Income Taxes	101.7%	778*	-45.28	133	16.00	89.00	132	45.00	31.00	7.00	-
Net Income	28.5%	1,399	1,089	596	2,672	2,170	320	1,105	-1,896	-410	-
Net Income Margin	-14.3%	0.76*	0.89*	0.81*	0.90*	0.26*	-0.15*	2.96*	3.21*	3.51*	3.88*
Free Cashflow	-357.4%	-4,840	-1,058	-7,331	4,460	-4,411	-1,235	358	980	150	-

Balance Sheet

(In Millions)

Balance Sheet						(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Assets	4.1%	84.00	81.00	79.00	76.00	71.00	63.00
Cash Equivalents	-77.0%	1.00	3.00	3.00	8.00	2.00	1.00
Liabilities	12.8%	23.00	20.00	18.00	15.00	11.00	6.00
Shareholder's Equity	1.2%	62.00	61.00	61.00	61.00	59.00	58.00
Retained Earnings	11.9%	7.00	6.00	11.00	11.00	9.00	8.00
Additional Paid-In Capital	0%	56.00	56.00	51.00	51.00	51.00	51.00
Shares Outstanding	0%	3.00	3.00	3.00	3.00	3.00	3.00

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
Cashflow From Operations	-357.4%	-4,840	-1,058	-7,331	4,460	-4,411	-1,235	358	980	150	-
Cashflow From Financing	163.7%	2,305	874	2,455	2,055	4,884	1,569	-512	-387	-387	-
Dividend Payments	-	645	-	-	-	516	-	-	-	-	-

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RAND Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investment income:
Total interest from portfolio companies	$ 5,979,355	$ 4,152,802	$ 3,017,634
Total interest from other investments	933	131	13,876
Total dividend and other investment income	1,037,131	1,456,334	888,179
Total fee income	320,744	155,914	156,614
Total investment income	7,338,163	5,765,181	4,076,303
Operating Expenses [Abstract]
Base management fee (see Note 10)	1,057,166	927,226	858,144
Capital gains incentive fees (see Note 10)	804,700	(1,048,760)	4,200,000
Interest expense	1,044,831	69,960	617,270
Professional fees	547,456	729,967	578,577
Directors' fees	263,500	187,833	153,500
Stockholders and office operating	261,639	205,083	223,381
Administrative fees	149,000
Insurance	44,100	43,026	38,635
Corporate development	5,927	3,753	14,702
Other operating		1,141	1,106
Bad debt recovery			(15,000)
Total expenses	4,178,319	1,119,229	6,670,315
Net investment income (loss) before income taxes	3,159,844	4,645,952	(2,594,012)
Income taxes, including excise tax expense	192,111	215,542	10,896
Net investment income (loss)	2,967,733	4,430,410	(2,604,908)
Net realized gain on sales and dispositions of investments:
Net realized gain on sales and dispositions of investments, before income taxes	1,051,079	705,493	5,820,354
Income tax expense	359,682
Net realized gain on sales and dispositions of investments	691,397	705,493	5,820,354
Net change in unrealized appreciation/ depreciation on investments:
Change in unrealized appreciation/depreciation before income taxes	2,972,084	(5,909,772)	12,369,606
Deferred income tax expense (benefit)	104,564	107,980	(212,376)
Net change in unrealized appreciation/depreciation on investments	2,867,520	(6,017,752)	12,581,982
Net realized and unrealized gain (loss) on investments	3,558,917	(5,312,259)	18,402,336
Net increase (decrease) in net assets from operations	$ 6,526,650	$ (881,849)	$ 15,797,428
Weighted average shares outstanding, Basic	2,581,021	2,581,021	2,581,707
Weighted average shares outstanding, Diluted	2,581,021	2,581,021	2,581,707
Net (decrease) Increase in net assets from operations per share, Basic	$ 2.53	$ (0.34)	$ 6.12
Net (decrease) Increase in net assets from operations per share, Diluted	$ 2.53	$ (0.34)	$ 6.12
Control investments
Investment income:
Total interest from portfolio companies	$ 698,872	$ 279,055	$ 23,068
Total fee income	17,242	7,800
Net realized gain on sales and dispositions of investments:
Net realized gain on sales and dispositions of investments, before income taxes			(308,676)
Net change in unrealized appreciation/ depreciation on investments:
Change in unrealized appreciation/ depreciation before income taxes		(748,810)	1,151,021
Affiliate investments
Investment income:
Total interest from portfolio companies	3,858,696	2,366,955	1,541,507
Total dividend and other investment income	506,076	974,669	354,536
Total fee income	278,061	92,531	114,697
Net realized gain on sales and dispositions of investments:
Net realized gain on sales and dispositions of investments, before income taxes	2,574,829	167,159	192,645
Net change in unrealized appreciation/ depreciation on investments:
Change in unrealized appreciation/ depreciation before income taxes	(259,031)	4,740,353	3,414,050
Non-Control/Non-Affiliate investments
Investment income:
Total interest from portfolio companies	1,421,787	1,506,792	1,453,059
Total interest from other investments	933	131	13,876
Total dividend and other investment income	531,055	481,665	533,643
Total fee income	25,441	55,583	41,917
Net realized gain on sales and dispositions of investments:
Net realized gain on sales and dispositions of investments, before income taxes	(1,523,750)	538,334	5,936,385
Net change in unrealized appreciation/ depreciation on investments:
Change in unrealized appreciation/ depreciation before income taxes	$ 3,231,115	$ (9,901,315)	$ 7,804,535

RAND Balance Sheet

2023-12-31

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Total Investments at Fair Value	$ 77,125,712	$ 61,504,259
Cash	3,295,321	1,368,996
Interest receivable	244,600	208,338
Prepaid income taxes	127,869	76,396
Deferred tax asset, net	39,179	28,160
Other assets	189,301	295,043
Total assets	81,021,982	63,481,192
Liabilities:
Due to investment adviser	$ 979,297	$ 562,221
Other Liability, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Accounts payable and accrued expenses	$ 145,516	$ 66,680
Line of credit (see Note 5)	16,250,000	2,550,000
Capital gains incentive fees	2,279,700	2,167,000
Deferred revenue	552,256	413,971
Total liabilities	20,206,769	5,759,872
Commitments and contingencies (See Note 7)
Stockholders' equity (net assets):
Common stock, $0.10 par; shares authorized 100,000,000; shares issued: 2,648,916; shares outstanding: 2,581,021 at 12/31/23 and 12/31/22	264,892	264,892
Capital in excess of par value	55,801,170	51,464,267
Treasury stock, at cost: 67,895 shares	(1,566,605)	(1,566,605)
Total distributable earnings	6,315,756	7,558,766
Total stockholders' equity (net assets) (per share - 2023: $23.53, 2022: $22.36)	60,815,213	57,721,320
Total liabilities and stockholders' equity (net assets)	81,021,982	63,481,192
Control Investments
ASSETS
Total Investments at Fair Value	4,148,960	3,536,207
Affiliate Investments
ASSETS
Total Investments at Fair Value	53,499,372	38,241,589
Non-Control/Non-Affiliate Investments
ASSETS
Total Investments at Fair Value	$ 19,477,380	$ 19,726,463

About Rand Capital Corp

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses. The firm does not prefer to invest in real estate sector. It prefers to invest in software, professional services, manufacturing, consumer, healthcare, automotive and public d stocks. The firm prefers to invest in East or Midwest U.S. operations sectors. It typically invests between $0.75 million and $5 million with initial target size of $1.5 million. The firm seeks to invest in companies having more than $2 million in revenue or having up to $5 million in EBITDA. The firm prefers to be a minority stake and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period up to five years.

CEO	Mr. Daniel Patrick Penberthy
WEBSITE	randcapital.com
INDUSTRY	Asset Management

Rand Capital Corp Frequently Asked Questions

What is the ticker symbol for Rand Capital Corp? What does RAND stand for in stocks?

RAND is the stock ticker symbol of Rand Capital Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Rand Capital Corp (RAND)?

As of Mon May 13 2024, market cap of Rand Capital Corp is 38.12 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RAND stock?

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

What is the fair value of RAND stock?

You can check RAND's fair value in chart for subscribers. The fair value of Rand Capital Corp 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 Rand Capital Corp 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 RAND 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 Rand Capital Corp a good stock to buy?

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

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

As of Mon May 13 2024, RAND's PE ratio (Price to Earnings) is 6.62 and Price to Sales (PS) ratio is 5.05. 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. RAND PE ratio will change depending on the future growth rate expectations of investors.