Prospect Capital Corporation Stock News

The article highlights four major risks facing the private credit market - the four horsemen of the BDC Apocalypse. This includes lending to non-prime borrowers and receivables financing. AI-driven disruption in software companies and growing competition in private credit. So far these risks have not materialized in actual BDC results; however, they are worth considering when allocating to the ...

Prospect Capital Corporation ( PSEC ) Q1 2026 Earnings Call November 7, 2025 9:00 AM EST Company Participants John Barry - Chairman of the Board & CEO Kristin Van Dask - CFO, Treasurer, Secretary & Chief Compliance Officer Michael Eliasek - President, COO & Director Conference Call Participants Finian O'Shea - Wells Fargo Securities, LLC, Research Division Presentation Operator Good day, and we...

Prospect Capital Corporation delivered better-than-expected net investment income and stabilizing NII on a Q/Q basis, supporting an upgrade to a strong buy rating. PSEC offers a robust value proposition with a ~60% discount to net asset value, stable dividend coverage, and a shift toward higher-quality first lien loans. The BDC reported a 0.7% non-accrual percentage in Q1'26 and reported a net ...

NEW YORK, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended September 30, 2025.

Business development companies (BDCs) are selling off. Recent bankruptcies are sparking fears across private credit. I review the best BDC opportunities following the sell-off.

While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.

Prospect Capital Corp. offers a tempting 20% yield and deep discount to NAV, but fundamentals continue to deteriorate. PSEC's declining net asset value, rising non-accruals, and weakening dividend coverage signal ongoing financial erosion and capital loss risk. Despite defensive portfolio shifts and strong liquidity, PSEC's changes may be too late, with further dividend cuts and share price dec...