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.

SLRC was given price targets by several analysts. The highest price target was 24, which equates to a potential upside of 9.74 percent. The minimum price target given was 22.4, implying potential capital losses of 2.42 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.73 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

SLRC has an estimated earnings growth rate of -26.93 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. SLRC has a PEG ratio of -0.36.

SLRC has traded between a high of 22.94 and a low of 19.26 over the past year. Today's price is 13.55 percent above the 52-week low, and 4.66 percent below the high. 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 market cap of SLRC is $0.92739 billion. SLRC will post this quarters earnings in days, on 0000-00-00.