# Fidus Investment Corporation (FDUS)

> Source: Nexqual · https://nexqual.com/FDUS · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Fidus Investment Corporation (FDUS), nexqual.com/FDUS" · informational, not investment advice.

**Price:** USD 19.44 (+1.83% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 19.09 · day 19.09–19.45 · 52w 16.87–20.95 · market cap $773M · NMS

## Key facts
- Valuation: P/E 9.8x (avg 20.0x at the last 3 fiscal year-ends), net debt $702M.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (5 analysts), mean target USD 21.5 (range 19.5–22.5).
- Total return with dividends: 1Y +4.7% vs S&P 500 +14.8%; 5Y +98.4% vs S&P 500 +79.1%.
- Next earnings: 2026-11-05, EPS estimate USD 0.51, revenue estimate $44.4M. All companies reporting that day: https://nexqual.com/earnings/2026-11-05
- Dividend: USD 2.14 a year (yield 11.21%), paid quarterly; latest ex-dividend date 2026-09-15; annual dividends grew 2.4% a year 2022–2025.
- Short interest: 4.27% of float (as of 2026-10-15), 5.9 days to cover.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 9.8x · P/B 1.0x · Earnings yield 10.18% · Net debt $702M · EV $1.46B
P/E at fiscal year-ends: Dec 2025 8.3x, Dec 2024 8.7x, Dec 2023 43.1x.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 5 analysts; mean target USD 21.5 (low 19.5, high 22.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-20 | Keefe, Bruyette & Woods | Downgrade | Outperform → Market Perform | $19.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +4.7% | +98.4% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | +4.7% | +14.6% |
| Volatility (annualized) | 23.2% | 19.0% |
| Max drawdown | -14.1% (Nov 2025→Mar 2026) | -21.9% (Feb 2025→Apr 2025) |

## Dividends
Annual dividend rate USD 2.14 per share, yield 11.21% at the current price. Paid over the last 12 months: USD 2.14 in 4 payments (quarterly).
Most recent ex-dividend date: Sep 15, 2026; payment date: Sep 29, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: cut 19.4% to USD 0.50 per payment from USD 0.62, starting with the Sep 15, 2026 ex-dividend date.
Payout ratio 106% of earnings (above 100%: dividends exceeded net income; for REITs and partnerships, cash-flow measures are more relevant) · 5-year average yield 9.86% · annual dividends grew 2.4% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-09-15 | USD 0.50 |
| 2026-06-16 | USD 0.62 |
| 2026-03-20 | USD 0.52 |
| 2025-12-19 | USD 0.50 |
| 2025-09-18 | USD 0.57 |
| 2025-06-13 | USD 0.54 |
| 2025-03-20 | USD 0.54 |
| 2024-12-17 | USD 0.61 |
Total by calendar year: 2022 USD 2.00 · 2023 USD 2.88 · 2024 USD 2.42 · 2025 USD 2.15.

## Short interest
1,685,036 shares sold short, 4.27% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 1,696,321 shares (-0.7%). Days to cover: 5.9 (short shares ÷ average daily volume).

## Peers (Asset Management)
BXSL (Blackstone Secured Lending Fund) USD 23.52 +1.38% · PDI (PIMCO Dynamic Income Fund) USD 14.33 +1.63% · VCTR (Victory Capital Holdings, Inc. ) USD 113.81 +1.73% · AMG (Affiliated Managers Group, Inc.) USD 399.02 +1.47% · SEIC (SEI Investments Company) USD 104.73 +1.48% · IVZ (Invesco Ltd) USD 29.02 +1.19%

## More
Full page: https://nexqual.com/FDUS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.51 | $0.51 | +0.8% | $44.4M | 5 |
| Next quarter (ends 2026-12-31) | $0.49 | $0.48 | +2.1% | $45.9M | 5 |
| Current fiscal year (ends 2026-12-31) | $2.13 | $2.12 | +0.6% | $180.8M | 5 |
| Next fiscal year (ends 2027-12-31) | $1.98 | $1.96 | +1.2% | $184.9M | 5 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.50 | $0.50 | In line | — |
| — | Quarter ended Mar 31, 2026 | $0.62 | $0.50 | Beat +24.0% | — |
| — | Quarter ended Dec 31, 2025 | $0.52 | $0.49 | Beat +6.1% | — |
| — | Quarter ended Sep 30, 2025 | $0.50 | $0.50 | In line | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).