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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 $5.41, up 1.69% from the previous day, and has decreased 9.23% in one year. It has underperformed other stocks in the Asset Management industry by 0.21 percentage points. Prospect Capital stock is currently +15.35% from its 52-week low of $4.69, and -14.13% from its 52-week high of $6.30.

There are currently 428.99M shares of PSEC outstanding. The market cap of PSEC is $2.32B. In the past 24 hours, 1.92M 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

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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.
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  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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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
$5.41
1w %
3.44%
1y %
-9.23%
5y %
-19.37%
P/E
15.03x
P/B
0.63x
P/S
2.59x
PEG
N/A
Revenue
$861.66M
Earnings
$147.42M
Fore. Rev. Growth
-1.66%
Fore. Earn. Growth
N/A
Market Cap
$2.32B
Next Earnings
Nov 6, 2024
Next Dividend
Sep 19, 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/E ratio of 15.03x, relative to Asset Management industry P/E ratio of 35.51x
  • PSEC could be undervalued based on its P/B ratio of 0.63x, relative to Asset Management industry P/B ratio of 2.54x

You can do additional valuation analysis on PSEC's stock here.

PSEC Financial Summary

Passed Financial Due Diligence Checks:

  • PSEC profit margin has gone up from -20.2% to 17.1% in the past year.
  • Total PSEC debt is lower than 5 years ago, relative to shareholder equity.

Failed Financial Due Diligence Checks:

  • PSEC has a relatively high debt to equity ratio of 0.69.
  • PSEC earnings of $423.08M is not enough to cover its interest payments.
  • PSEC's operating cash flow of $279.98M allows it to safely service it's debt of $2.43B.

Is it a good time to buy Prospect Capital stock, according to Wall Street analysts?

Out of 1 Equities analysts who track PSEC, the consensus analyst rating on Prospect Capital is a Strong Sell

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Prospect Capital stock forecast page.

PSEC Momentum

SMA10
5.24
SMA20
5.14
SMA50
5.27
SMA100
5.39
SMA200
5.56
MACD
0.04
MACD Signal
-0.01
MACD Histogram
0.05
RSI
63.52
Stochastic %K
90.94
Stochastic %D
89.15
StochRSI %K
97.45
StochRSI %D
97.45

PSEC Performance Numbers

Last year, PSEC earnings were $147.42M. In the past five year, PSEC's earnings have grown by -1.59% per year. This was slower than the Asset Management industry average of 12.89%.

Last year, PSEC revenue was $861.66M. During the past 5 year, PSEC's revenue has gone up by 4.13% per year. This was slower than the Asset Management industry average of 20.65%.

Dive into PSEC's earnings and revenue performance here.

Who is buying/selling PSEC?

Over 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 $505,073.33 worth of PSEC stock on Sep 10, 2024.

Research more about who owns PSEC shares here.

Can I rely on PSEC as an income stream?

Prospect Capital pays a dividend of 13.31%, compared to the Asset Management industry's average dividend yield of 8.05%. If you owned $1,000 worth of PSEC stock, you would have received $133.09 in the past year.

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

Find more data about Prospect Capital dividend yield and history here.

PSEC Social Trading Data

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

Click below to learn what other community members have to say.

Step 5: Execute your PSEC trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, place a limit order.

Press the Open Trade button and your broker will execute your order.

If you want additional help with investing in stocks on eToro, click the helpful video below:

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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 new shares.

Make a watchlist to keep track of 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 online brokerage, eToro is our favorite option.

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 the latest news on your investment in Prospect Capital, click the button below.

NASDAQ: PSEC
$5.41+0.09 (+1.69%)
Updated Sep 12, 2024
Open eToro Account
NASDAQ: PSEC
$5.41+0.09 (+1.69%)
Updated Sep 12, 2024
Open eToro Account

FAQ

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

As of Sep 12, 2024, it costs $5.41 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.