How to Buy Prospect Capital Stock
Prospect Capital Corp
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions.
Prospect Capital stock last closed at $5.97, down 2.93% from the previous day, and has decreased 8.58% in one year. It has underperformed other stocks in the Asset Management industry by 0.2 percentage points. Prospect Capital stock is currently +0.93% from its 52-week low of $5.92, and -23.75% from its 52-week high of $7.83.
There are currently 407.57M shares of PSEC outstanding. The market cap of PSEC is $2.43B. In the last 24 hours, 1.48M PSEC shares were traded.
How to Buy Prospect Capital Stock
Not sure how to invest in Prospect Capital stock? Here's how.
- Figure out where to buy Prospect Capital stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Prospect Capital stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Evaluate Prospect Capital stock: The Prospect Capital ticker symbol is PSEC. Is Prospect Capital stock a good investment? Should you buy shares of PSEC? How do PSEC's underlying business fundamentals look? Do top analysts think Prospect Capital is a good buy? Why has PSEC's stock price moved recently? (Hint: Our stock research website can help you understand if PSEC is a good stock to buy).
- Execute your PSEC trade: Decide if you will purchase PSEC shares at the current market price or use a limit order to buy PSEC shares at a particular price.
- Get key alerts regarding your investment in PSEC: Create a watchlist to important notifications about your investment in Prospect Capital shares.
Step 1: Figure out where to buy Prospect Capital stock
You need an online brokerage account to access the NASDAQ market and buy PSEC shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can buy PSEC today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Input your personal details to open a new brokerage account.
- Send your data by hitting the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring funds into your brokerage account.
Step 4: Evaluate Prospect Capital stock
Once you have decided on the best place to buy Prospect Capital stock, it's very important to research their stock before you buy, so you can understand the risk as well as the opportunity.
Prospect Capital quick stats
Prospect Capital Fundamentals
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on PSEC's stock page.
What is the fair value of PSEC stock?
Investors use many financial metrics, analyses, models, and charts to gauge PSEC's intrinsic value.
Using relative valuations methods:
- PSEC may be undervalued based on its P/B ratio of 0.65x, relative to Asset Management industry P/B ratio of 1.96x
You can do additional valuation research on PSEC's stock here.
PSEC Financial Overview
Failed Financial Due Diligence Checks:
- PSEC profit margin has gone down from 78.3% to -20.2% in the past year.
- Total PSEC debt is higher than 5 years ago, relative to shareholder equity.
- PSEC has a relatively high debt to equity ratio of 0.73.
Is Prospect Capital stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on PSEC, the consensus analyst rating on PSEC is a Strong Sell
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest PSEC Analyst Ratings
Timothy O'Shea, a top 17% analyst from Wells Fargo maintains PSEC with a strong sell rating and lowers their PSEC price target from $6.50 to $5.75, on Apr 18, 2023.
You can dive deeper into what analysts are forecasting on the Prospect Capital stock forecast page.
PSEC Momentum
PSEC Revenue
Last year, PSEC revenue was $852.21M. During the last 5 year, PSEC's revenue has grown by 5.31% per year. This was slower than the Asset Management industry average of 14.15%.
You can research PSEC's earnings and revenue performance here.
Are PSEC insiders buying or selling the stock?
In the past 12 months, insiders at PSEC have bought more shares than they have sold.
John F. Barry, CHIEF EXECUTIVE OFFICER of PSEC, was the latest PSEC insider to buy. They bought $99,733.50 worth of PSEC shares on Sep 12, 2023.
Dig into more about who owns PSEC stock here.
Can I rely on PSEC as an income stream?
Prospect Capital pays a dividend of 12.06%, compared to the Asset Management industry's average dividend yield of 6.76%. If you owned $1,000 of PSEC stock, you would have received $120.60 last year.
Prospect Capital dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Prospect Capital dividend yield and history here.
PSEC Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your PSEC trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional assistance buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in PSEC
Now that you own some PSEC stock, you'll want to keep up with your investment.
Create a watchlist to see the latest developments about your PSEC stock.
PSEC Feed
How to Buy Stock in Prospect Capital
To reiterate, here are the 6 steps to buy Prospect Capital stock:
- Figure out where to buy Prospect Capital stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Prospect Capital stock
- Execute your PSEC trade
- Get key alerts regarding your investment in PSEC
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Prospect Capital, add PSEC to your watchlist below.
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