Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

FS Investment Corporation (NASDAQ:FSIC) To Release Earnings

Analysts await FS Investment Corporation (NASDAQ:FSIC) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.22 EPS, down 4.55% or $0.01 from last year’s $0.23 per share.

At the moment 7 analysts are watching FS Investment Corporation (NASDAQ:FSIC), 2 rate it “Buy”, 1 “Outperform”, 4 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 5 analysts have a mean sales target of 111.29 million. For the quarter ending Sep-16, 5 analysts have a mean sales target of 110.03 million whilst for the year ending Dec-16, 6 analysts have a mean target of 439.98 million.

In terms of earnings per share, 6 analysts have a 0.22 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 6 analysts have a 0.23 EPS mean target and for the quarter ending Sep-16 there are 6 estimates of 0.88 EPS.

The biggest institutional shareholders in FS Investment Corporation include Commonwealth Equity Services Inc which owns 11 million shares in the company valued at $99.39 million. LPL Financial Corp is the second biggest holder with 8 million shares currently valued at 70.89 million whilst UBS Securities LLC has 4 million shares valued at 33.44 million.

Total shares held by institutions as of the most recent company filings are 64,842,628 with a reported 8,375,613 bought and 4,697,135 sold. These holdings make up 26.73% of the company’s outstanding shares.

Currently insiders hold 708,691 shares in the business which makes up 0.29% of shares. The biggest holder currently is Michael C. Forman who owns 443,729 shares (0.18% of those outstanding), whilst Michael J. Hagan holds 40,000 (0.02% of shares outstanding) and Michael J. Heller holds 37,400 (0.02% of shares outstanding).

The stock increased 0.22% or $0.02 during the last trading session, hitting $9.35. FS Investment Corporation (NASDAQ:FSIC) has risen 0.75% over the past 6 months and is uptrending.

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