Free Trial
NASDAQ:SSIC

Silver Spike Investment (SSIC) Stock Price, News & Analysis

Silver Spike Investment logo
$10.65 +0.06 (+0.57%)
As of 04/25/2025

About Silver Spike Investment Stock (NASDAQ:SSIC)

Key Stats

Today's Range
$10.45
$10.78
50-Day Range
$10.10
$12.55
52-Week Range
$7.29
$12.45
Volume
14,584 shs
Average Volume
11,019 shs
Market Capitalization
$66.19 million
P/E Ratio
12.24
Dividend Yield
9.39%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.

Receive SSIC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Silver Spike Investment and its competitors with MarketBeat's FREE daily newsletter.

SSIC Stock News Headlines

Silver Spike Investment (NASDAQ:SSIC) Trading Down 3.8% - What's Next?
Trump’s tariffs just split the AI market in two
Trump’s tariff just split the AI market – among others – in two. One group of AI companies—the ones relying on cheap foreign hardware—just saw their costs shoot through the roof. For the other group of AI companies, they were just handed a massive competitive advantage. Make no mistake, AI as a whole is still a game-changer for the global economy. But within the AI sector, Trump’s tariffs have created a huge divergence.
Chicago Atlantic BDC Inc (LIEN)
See More Headlines

SSIC Stock Analysis - Frequently Asked Questions

Silver Spike Investment's stock was trading at $12.1850 on January 1st, 2025. Since then, SSIC stock has decreased by 12.6% and is now trading at $10.65.
View the best growth stocks for 2025 here
.

Silver Spike Investment Corp. (NASDAQ:SSIC) released its earnings results on Thursday, May, 9th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.09. The firm earned $2.76 million during the quarter, compared to analysts' expectations of $2.38 million. Silver Spike Investment had a trailing twelve-month return on equity of 5.62% and a net margin of 44.96%.

Silver Spike Investment (SSIC) raised $85 million in an IPO on Friday, February 4th 2022. The company issued 6,100,000 shares at a price of $14.00 per share. Stifel and Piper Sandler acted as the underwriters for the IPO and Canaccord Genuity and Cantor were co-managers.

Shares of SSIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Silver Spike Investment investors own include NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Arista Networks (ANET), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Jabil (JBL).

Company Calendar

Last Earnings
5/09/2024
Today
4/26/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
N/A
Sub-Industry
N/A
Current Symbol
NASDAQ:SSIC
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Trailing P/E Ratio
12.24
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$7.34 million
Pretax Margin
38.68%

Debt

Sales & Book Value

Annual Sales
$10.84 million
Cash Flow
$0.93 per share
Price / Cash Flow
11.50
Book Value
$13.77 per share
Price / Book
0.77

Miscellaneous

Free Float
1,695,000
Market Cap
$66.19 million
Optionable
Not Optionable
Beta
0.28
Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report

This page (NASDAQ:SSIC) was last updated on 4/26/2025 by MarketBeat.com Staff
From Our Partners