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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 $5.40, down 0.18% from the previous day, and has decreased 21.51% in one year. It has underperformed other stocks in the Asset Management industry by 0.17 percentage points. Prospect Capital stock is currently +7.46% from its 52-week low of $5.03, and -21.74% from its 52-week high of $6.90.

There are currently 413.99M shares of PSEC outstanding. The market cap of PSEC is $2.24B. In the past 24 hours, 1.16M PSEC shares were traded.

How to Buy Prospect Capital Stock

Wondering how to invest in Prospect Capital stock? Here's how.
  1. Figure out where to buy Prospect Capital stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Prospect Capital stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. 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 market research website can help you evaluate if PSEC is a good stock to buy).
  5. 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.
  6. Get key alerts regarding your investment in PSEC: Create a watchlist to get live updates on your position in Prospect Capital stock.

Step 1: Figure out where to buy Prospect Capital stock

You will need a brokerage account in order to access the NASDAQ market and buy PSEC stock.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. Here's why:

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal details so you can buy PSEC stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to start your new brokerage account.
  1. Send your application by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have finished signing up on one of the best stock apps, your next step is to transfer the money for your investment:

Check out the video below for more details transferring money into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Prospect Capital stock

After you have figured out the best place to buy Prospect Capital stock, it's important to evaluate their stock before you invest, so you can comprehend the risk as well as the opportunity.

Prospect Capital stock data

PSEC Price
$5.40
1w %
-0.37%
1y %
-21.51%
5y %
-18.92%
P/E
-27x
P/B
0.61x
P/S
2.51x
PEG
N/A
Revenue
$883.81M
Earnings
-$80.32M
Fore. Rev. Growth
-0.82%
Fore. Earn. Growth
N/A
Market Cap
$2.24B
Next Earnings
May 7, 2024
Next Dividend
May 21, 2024

PSEC Fundamentals

WallStreetZen was built to help everyday investors do better fundamental analysis.

You can see all of the due diligence checks on PSEC's stock page.

Is PSEC stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PSEC's fair value.

Using relative valuations methods:

  • PSEC may be undervalued based on its P/B ratio of 0.61x, relative to Asset Management industry P/B ratio of 2.34x

You can access more valuation analysis on PSEC's stock here.

PSEC Financial Overview

Passed Financial Due Diligence Checks:

  • Total PSEC debt is lower than 5 years ago, relative to shareholder equity.

Failed Financial Due Diligence Checks:

  • PSEC earnings of $164.63M is not enough to cover its interest payments.
  • PSEC has a relatively high debt to equity ratio of 0.71.
  • PSEC's operating cash flow of $151.06M allows it to safely service it's debt of $2.47B.
  • PSEC profit margin has gone down from 6.5% to -9.1% in the past year.

Do Wall Street analysts think it's a good time to buy PSEC stock

Out of 1 Wall Street analysts who give recommendations on PSEC, the consensus analyst rating on PSEC is a Strong Sell

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Prospect Capital stock forecast page.

Metrics for Advanced PSEC Traders

SMA10
5.43
SMA20
5.45
SMA50
5.5
SMA100
5.73
SMA200
5.87
MACD
-0.03
MACD Signal
-0.04
MACD Histogram
0
RSI
43.52
Stochastic %K
48.22
Stochastic %D
45.61
StochRSI %K
65.27
StochRSI %D
65.32

PSEC Growth Numbers

Last year, PSEC revenue was $883.81M. During the past 5 year, PSEC's revenue has increased by 4.62% per year. This was slower than the Asset Management industry average of 20.51%.

Learn more about PSEC's earnings and revenue performance here.

Are PSEC executives and large shareholders buying or selling the stock?

In the past 12 months, executives and large shareholders at PSEC have bought more shares than they have sold.

Dask Kristin Lea Van, CFO TREASURER SECRETARY CCO of PSEC, was the latest PSEC insider to buy. They bought $27,200.00 worth of PSEC shares on Mar 11, 2024.

Research more about who owns PSEC shares here.

Can I rely on PSEC as an income stream?

Prospect Capital pays a dividend of 13.33%, compared to the Asset Management industry's average dividend yield of 6.73%. If you owned $1,000 of PSEC stock, you would have received $133.33 in the past year.

Prospect Capital dividend payments have not consistently grown over the past decade and have not remained stable.

Get more info about Prospect Capital dividend yield and history here.

What do other traders have to say about PSEC?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your PSEC trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, place a limit order.

Click the Open Trade button and your broker will place the order.

If you want more assistance buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in PSEC

Now that you own some PSEC shares, you'll want to keep up with your investment.

Start a watchlist to track the latest developments regarding your PSEC stock.

PSEC Feed

How to Buy Stock in Prospect Capital

To summarize, here are the 6 steps for buying Prospect Capital stock:

  1. Figure out where to buy Prospect Capital stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Prospect Capital stock
  5. Execute your PSEC trade
  6. Get key alerts regarding your investment in PSEC

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Prospect Capital, click below.

NASDAQ: PSEC
$5.40-0.01 (-0.18%)
Updated Apr 22, 2024
Open eToro Account
NASDAQ: PSEC
$5.40-0.01 (-0.18%)
Updated Apr 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Prospect Capital share?

As of Apr 22, 2024, it costs $5.40 to buy one share of Prospect Capital stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.37 shares of PSEC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Prospect Capital stock?

According to 1 Wall Street analysts who monitor Prospect Capital, their consensus recommendation is to sell Prospect Capital stock.

What is the best way to buy Prospect Capital stock?

One way to place an order for Prospect Capital stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.