Rand Capital (NASDAQ:RAND - Get Free Report) issued its quarterly earnings results on Monday. The asset manager reported $0.45 earnings per share (EPS) for the quarter, Zacks reports. Rand Capital had a net margin of 154.01% and a return on equity of 6.60%. The firm had revenue of $2.14 million for the quarter.
Rand Capital Trading Up 0.3 %
NASDAQ RAND traded up $0.07 during mid-day trading on Thursday, reaching $24.57. 18,399 shares of the stock were exchanged, compared to its average volume of 19,133. The stock has a market cap of $63.41 million, a P/E ratio of 4.93 and a beta of 0.44. The company has a debt-to-equity ratio of 0.06, a current ratio of 15.99 and a quick ratio of 15.99. The stock has a 50 day simple moving average of $22.95 and a 200-day simple moving average of $19.31. Rand Capital has a one year low of $13.69 and a one year high of $31.89.
Rand Capital Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.29 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.72%. Rand Capital's dividend payout ratio (DPR) is presently 33.92%.
Analyst Ratings Changes
Separately, StockNews.com cut shares of Rand Capital from a "buy" rating to a "hold" rating in a report on Tuesday.
Check Out Our Latest Stock Report on Rand Capital
Rand Capital Company Profile
(
Get Free Report)
Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses.
Featured Stories
Before you consider Rand Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rand Capital wasn't on the list.
While Rand Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
