# Prospect Capital Corporation (PSEC)

> Source: Nexqual · https://nexqual.com/PSEC · data as of 2026-10-23 17:23 UTC · cite as "Nexqual, Prospect Capital Corporation (PSEC), nexqual.com/PSEC" · informational, not investment advice.

**Price:** USD 1.49 (-0.34% today) · US market open, as of October 23, 2026 at 17:23 UTC; quotes may be delayed. Prev close 1.49 · day 1.48–1.51 · 52w 1.43–3.13 · market cap $793M · NMS

## Key facts
- Valuation: P/E 5.2x (avg 7.2x at the last 1 fiscal year-ends), net debt $1.82B.
- Insider open-market purchases, last ~7 months: 6 Form 4 filings, $9.4M; 0 by opportunistic insiders, 6 by routine insiders.
- Analysts: Sell (mean 4.00 on a 1–5 scale) (1 analysts), mean target USD 2 (range 2–2).
- Total return with dividends: 1Y -34.1% vs S&P 500 +14.4%; 5Y -64.8% vs S&P 500 +77.0%.
- Next earnings: 2026-11-05, EPS estimate USD 0.1, revenue estimate $163M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2024 | FY2024 | FY2025 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Net income | $263M | $234M | -$470M | -$491M | $154M | $154M |
| EPS (diluted) | $0.34 | — | -$1.35 | — | $0.06 | — |
| Cash + short-term investments | $85.9M | — | $50.8M | — | $43.6M | — |
| Total debt | $2.43B | — | $2.09B | — | $1.86B | — |
Fiscal years end Jun. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 5.2x · P/B 0.3x · Earnings yield 19.38% · Dividend yield (paid, TTM) 42.33% · Net debt $1.82B · EV $2.61B
P/E at fiscal year-ends: Jun 2026 7.2x.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
6 purchases, $9.4M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-04 | Barry John F | CHIEF EXECUTIVE OFFICER | 1,217,105 | $2.7M | 2.24 | Routine (bought in Sep each year 2023–2025) |
| 2026-06-23 | Barry John F | CHIEF EXECUTIVE OFFICER | 1,067,648 | $2.4M | 2.27 | Routine (bought in Sep each year 2023–2025; this trade is outside those months) |
| 2026-06-22 | Barry John F | CHIEF EXECUTIVE OFFICER | 1,000,000 | $2.2M | 2.25 | Routine (bought in Sep each year 2023–2025; this trade is outside those months) |
| 2026-05-26 | Barry John F | CHIEF EXECUTIVE OFFICER | 433,000 | $1.0M | 2.32 | Routine (bought in Sep each year 2023–2025; this trade is outside those months) |
| 2026-05-22 | Barry John F | CHIEF EXECUTIVE OFFICER | 232,000 | $539K | 2.32 | Routine (bought in Sep each year 2023–2025; this trade is outside those months) |
| 2026-05-21 | Barry John F | CHIEF EXECUTIVE OFFICER | 200,000 | $452K | 2.26 | Routine (bought in Sep each year 2023–2025; this trade is outside those months) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Sell (mean 4.00 on a 1–5 scale), 1 analysts; mean target USD 2 (low 2, high 2).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -34.1% | -64.8% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | -34.1% | -18.9% |
| Volatility (annualized) | 36.4% | 29.8% |
| Max drawdown | -45.2% (Feb 2026→Oct 2026) | -67.9% (Nov 2021→Oct 2026) |

## Peers (Asset Management)
BXSL (Blackstone Secured Lending Fund) USD 23.43 -2.03% · VCTR (Victory Capital Holdings, Inc. ) USD 106.68 -0.67% · PDI (PIMCO Dynamic Income Fund) USD 14.31 +0.06% · AMG (Affiliated Managers Group, Inc.) USD 388.2 -1.85% · SEIC (SEI Investments Company) USD 102.88 -1.55% · IVZ (Invesco Ltd) USD 28.25 -1.88%

## More
Full page: https://nexqual.com/PSEC · 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

## Supply chain and relationships (SEC annual reports)

Named in PSEC's own 10-K filed 2026-08-20 (https://www.sec.gov/Archives/edgar/data/1287032/000128703226000269/psec-20260630.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Prospect Capital Management | "Prospect Capital Management, a Delaware limited partnership that is registered as an investment adviser under the Investment Advisers Act of 1940 (the "Advisers Act") manages our investments." |
| Partner | Prospect Administration | "We are located at 10 East 40th Street, New York, New York 10016, where we occupy our office space pursuant to our Administration Agreement with Prospect Administration." |
| Partner | InspereX | "On October 30, 2020, and as amended on February 18, 2022, October 7, 2022 and February 10, 2023, we entered into a Dealer Manager Agreement with InspereX LLC ("InspereX Dealer Manager Agreement"), pursuant to which Inspe…" |
| Partner | Preferred Capital Securities | "On August 3, 2020, we entered into a Dealer Manager Agreement with Preferred Capital Securities, LLC ("PCS") (the "Original Dealer Manager Agreement"), amended and restated on February 25, 2021 and further amended on Jun…" |
| Partner | UBS Securities | "On May 19, 2021, we entered into an Underwriting Agreement with UBS Securities LLC, relating to the offer and sale of 187,000 shares, par value $0.001 per share, of Series A2 Preferred Stock, with a liquidation preferenc…" |
| Partner | Incapital | "On February 13, 2020, we entered into a new selling agent agreement with InspereX LLC (formerly known as "Incapital LLC") (as amended, the "Selling Agent Agreement"), authorizing the issuance and sale from time to time o…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.10 | $0.10 | +0.0% | $163.1M | 1 |
| Next quarter (ends 2026-12-31) | $0.10 | $0.09 | +11.1% | $152.7M | 1 |
| Current fiscal year (ends 2027-06-30) | $0.38 | $0.35 | +8.6% | $620.6M | 1 |
| Next fiscal year (ends 2028-06-30) | $0.35 | $0.32 | +9.4% | $609.6M | 1 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-05): ±11.7%; last 8 reports averaged ±6.6%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 58.5% | ±11.7% |
| 2026-12-18 | 56 | 96.6% | ±13.4% |
| 2027-01-15 | 84 | 46.7% | ±36.9% |
| 2027-02-19 | 119 | 178.7% | ±43.6% |