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

15.26USD-0.27 (-1.74%)Market Closed

Market Summary

USD15.26-0.27

Market Closed

-1.74%

SLRC Stock Price

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SLRC RSI Chart

SLRC Valuation

Market Cap

832.5M

Price/Earnings (Trailing)

9.4

Price/Sales (Trailing)

3.62

Price/Free Cashflow

-10.83

SLRC Price/Sales (Trailing)

SLRC Profitability

Return on Assets

3.51%

Free Cashflow Yield

-9.24%

SLRC Fundamentals

SLRC Revenue

Revenue (TTM)

229.9M

Rev. Growth (Yr)

10.41%

Rev. Growth (Qtr)

0.24%

SLRC Earnings

Earnings (TTM)

88.6M

Earnings Growth (Yr)

24.35%

Earnings Growth (Qtr)

-12.34%

Breaking Down SLRC Revenue

Last 7 days

1.9%

Last 30 days

0.4%

Last 90 days

-1.0%

Trailing 12 Months

8.5%

How does SLRC drawdown profile look like?

SLRC Financial Health

SLRC Investor Care

Buy Backs (1Y)

0.40%

Diluted EPS (TTM)

1.4

Historical Charts for Stock Metrics

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

Net sales

Year	Q2	Q3	Q4
2023	200.8M	217.7M	229.9M
2022	152.1M	164.8M	177.5M
2021	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?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	4.23	28,000	474,000	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	13.83	40,917	292,638	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	90.33	1,593,740	3,282,250	-%
Apr 22, 2024	GraniteShares Advisors LLC	added	14.58	250,296	1,721,040	0.91%
Apr 22, 2024	Byrne Asset Management LLC	reduced	-87.5	-2,660	384	-%
Apr 19, 2024	Sumitomo Mitsui Trust Holdings, Inc.	reduced	-4.58	-54,665	2,088,600	-%
Apr 18, 2024	AlphaMark Advisors, LLC	added	2.58	-	8,000	-%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	new	-	295,841	295,841	0.02%
Apr 17, 2024	All Season Financial Advisors, Inc.	added	7.06	35,474	415,101	0.34%
Apr 16, 2024	FSC Wealth Advisors, LLC	sold off	-100	-7,515	-	-%

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

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
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
Mar 06, 2024	4	Insider Trading
Mar 06, 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	112.8B	17.9B	-7.67%	16.39%	20.5	6.32	-0.08%	6.26%
BX	88.2B	8.0B	-3.54%	45.96%	63.38	10.99	-5.81%	-20.41%
BK	43.1B	20.6B	0.99%	38.03%	13.13	2.09	87.93%	27.71%
ARES	41.1B	3.6B	-0.15%	63.86%	86.74	11.33	18.87%	183.11%
BEN	13.2B	7.9B	-7.25%	-4.20%	13.63	1.68	-1.81%	-3.56%
MID-CAP
IVZ	6.5B	5.7B	-9.60%	-14.34%	-19.53	1.14	-5.50%	-148.79%
AMG	5.2B	2.1B	-2.32%	14.86%	7.79	2.55	-11.67%	-41.28%
AB	3.9B	-	-1.40%	-1.11%	14.17	-	-	7.16%
CNS	3.5B	489.6M	-4.82%	18.84%	26.82	7.07	-13.63%	-24.55%
APAM	3.3B	975.1M	-7.66%	21.27%	14.76	3.36	-1.83%	7.51%
AMK	2.5B	708.5M	-3.61%	9.64%	20.48	3.56	15.83%	19.23%
SMALL-CAP
BSIG	877.3M	426.6M	1.82%	-	13.33	2.06	2.25%	-34.59%
PX	858.0M	241.7M	-6.93%	-26.76%	-124.68	3.55	21.87%	-123.56%
AINC	16.8M	746.8M	121.72%	-53.33%	-3.63	0.02	15.88%	-226.93%
AC	697.2K	25.3M	1.16%	-13.68%	0.02	0.03	137.10%	176.58%

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	2023Q4	2023Q3	2023Q2	2022Q4	2022Q3	2022Q2	2021Q4
Revenue	0.2%	60.00	60.00	56.00	54.00	48.00	43.00	-
Income Taxes	0.0%	19.00	19.00	17.00	14.00	13.00	11.00	10.00
Net Income	-12.3%	24.00	27.00	19.00	19.00	14.00	-15.65	-
Net Income Margin	6.9%	0.39*	0.36*	0.36*	-	-	-	-
Free Cashflow	-2.9%	38.00	39.00	-163	240	-227	-225	-217

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet									(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q4	2022Q3	2022Q2	2021Q4
Assets	-0.6%	2,524	2,539	2,553	2,556	2,538	461	2,455	2,392	2,011
Cash Equivalents	0.4%	344	343	348	444	428	-	277	378	323
Liabilities	-1.1%	1,537	1,554	1,572	1,572	1,538	-	1,449	1,377	1,169
Retained Earnings	25.8%	-131	-177	-182	-	-163	-	-	-	-
Additional Paid-In Capital	-3.8%	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	42.00
Float	-	-	-	717	-	-	-	-	742	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)												(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Cashflow From Operations	-2.9%	38.00	39.00	-163	10.00	240	-227	-225	304	-217	-38.11	-	-
Cashflow From Financing	16.5%	-36.90	-44.17	67.00	7.00	-88.39	127	14.00	-38.26	81.00	30.00	-	-
Buy Backs	-	-	-	-	0.00	3.00	-	-	-	-	-	-	-

SLRC Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INVESTMENT INCOME:
Total investment income	$ 229,312	$ 177,505	$ 139,354
EXPENSES:
Management fees (see note 3)	31,661	29,982	28,277
Performance-based incentive fees (see note 3)	22,898	15,097	10,309
Interest and other credit facility expenses (see note 7)	72,507	46,087	29,876
Administrative services expense (see note 3)	5,899	5,401	5,575
Other general and administrative expenses	4,756	6,099	4,390
Total expenses	137,721	102,666	78,427
Performance-based incentive fees waived (see note 3)	(500)	(1,527)	0
Net expenses	137,221	101,139	78,427
Net investment income	92,091	76,366	60,927
Net realized gain (loss) on investments and cash equivalents:
Net realized gain (loss) on investments and cash equivalents	(27,983)	(36,485)	26
Net change in unrealized gain (loss) on investments:
Net change in unrealized gain (loss) on investments	12,280	(21,539)	(1,387)
Net realized and unrealized loss on investments and cash equivalents	(15,703)	(58,024)	(1,361)
Net increase in net assets resulting from operations	$ 76,388	$ 18,342	$ 59,566
Earnings Per Share, Basic	$ 1.4	$ 0.35	$ 1.41
Earnings Per Share, Diluted	$ 1.4	$ 0.35	$ 1.41
Companies less than 5% owned [Member]
INVESTMENT INCOME:
Interest	$ 163,589	$ 121,491	$ 86,122
Dividends	0	0	133
Other income	5,802	2,116	4,157
Net realized gain (loss) on investments and cash equivalents:
Net realized gain (loss) on investments and cash equivalents	(27,602)	(36,485)	26
Net change in unrealized gain (loss) on investments:
Net change in unrealized gain (loss) on investments	20,425	(2,909)	(10,500)
Companies 5% to 25% owned [Member]
INVESTMENT INCOME:
Interest	2,058	0	0
Other income	26	0	0
Net change in unrealized gain (loss) on investments:
Net change in unrealized gain (loss) on investments	(1,384)	0	0
Companies more than 25% owned [Member]
INVESTMENT INCOME:
Interest	11,627	9,515	11,354
Dividends	45,986	44,383	37,564
Other income	224	0	24
Net realized gain (loss) on investments and cash equivalents:
Net realized gain (loss) on investments and cash equivalents	(381)	0	0
Net change in unrealized gain (loss) on investments:
Net change in unrealized gain (loss) on investments	$ (6,761)	$ (18,630)	$ 9,113

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 Thu Apr 25 2024, market cap of Solar Capital Ltd is 832.5 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 Thu Apr 25 2024, SLRC's PE ratio (Price to Earnings) is 9.4 and Price to Sales (PS) ratio is 3.62. 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.