Analyst Ratings for Solar Capital Ltd. (SLRC)

Updated: 2017-07-27

Shares of Solar Capital Ltd. (NASDAQ:SLRC) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for SLRC last month.

A buy rating was issued by 5 analysts, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for SLRC. The maximum price target given was 24, implying potential capital gains of 9.74 percent. The lowest price target was 22.4, which equates to a potential downside of 2.42 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.73 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.11 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

SLRC has an estimated earnings growth rate of -26.93 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SLRC has a PEG ratio of -0.36.

In the trailing 52-weeks, SLRC hit 22.94 at the highest peak, while it's lowest trading point was 19.26. Today's price is 13.55 percent above the 52-week low, and below the high by 4.66 percent. SLRC has a price/earnings ratio of 9.63. Investors typically compare the P/E ratio to a company's peers in the industry. The SLRC value stock report compares SLRC to some of its peers using value stock charts. The stock has a market capitalization of $0.92739 billion. SLRC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.