Fifth Street Senior Floating Rate Corp. (FSFR) Given News Impact Rating of -0.09

Headlines about Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) have trended somewhat negative recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fifth Street Senior Floating Rate Corp. earned a news sentiment score of -0.09 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 46.759655343121 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Fifth Street Senior Floating Rate Corp. (FSFR) opened at 8.89 on Friday. Fifth Street Senior Floating Rate Corp. has a one year low of $7.30 and a one year high of $10.37. The company has a 50 day moving average price of $8.80 and a 200-day moving average price of $8.31.

Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) last posted its earnings results on Wednesday, August 9th. The investment management company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. Fifth Street Senior Floating Rate Corp. had a net margin of 29.89% and a return on equity of 7.27%. The firm had revenue of $12.03 million during the quarter. Equities analysts expect that Fifth Street Senior Floating Rate Corp. will post $0.77 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a $0.19 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.76 annualized dividend and a dividend yield of 8.55%. Fifth Street Senior Floating Rate Corp.’s dividend payout ratio (DPR) is 161.71%.

A number of research firms have recently commented on FSFR. Maxim Group reaffirmed a “hold” rating on shares of Fifth Street Senior Floating Rate Corp. in a research note on Thursday, August 10th. Zacks Investment Research raised Fifth Street Senior Floating Rate Corp. from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research note on Monday, October 2nd. BidaskClub cut Fifth Street Senior Floating Rate Corp. from a “sell” rating to a “strong sell” rating in a research note on Monday, July 17th. Deutsche Bank AG reaffirmed a “hold” rating and set a $9.25 target price (up previously from $8.50) on shares of Fifth Street Senior Floating Rate Corp. in a research note on Tuesday, July 18th. Finally, TheStreet raised Fifth Street Senior Floating Rate Corp. from a “c” rating to a “b-” rating in a research note on Monday, June 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $9.50.

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In other Fifth Street Senior Floating Rate Corp. news, CEO Bernard D. Berman sold 7,473 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $8.80, for a total value of $65,762.40. Following the completion of the transaction, the chief executive officer now owns 92,027 shares in the company, valued at $809,837.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.43% of the company’s stock.

About Fifth Street Senior Floating Rate Corp.

Fifth Street Senior Floating Rate Corp. is a closed-end, non-diversified management investment company. The Company operates as a specialty finance company. The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments while seeking to preserve its capital.

Insider Buying and Selling by Quarter for Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR)

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