Logo image of SSIC

SILVER SPIKE INVESTMENT CORP (SSIC) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:SSIC - US8281741020 - Common Stock

10.735 USD
+0.09 (+0.89%)
Last: 10/1/2024, 8:00:00 PM

SSIC Key Statistics, Chart & Performance

Key Statistics
Market Cap244.97M
Revenue(TTM)12.42M
Net Income(TTM)5.58M
Shares22.82M
Float22.80M
52 Week High12.45
52 Week Low7.29
Yearly Dividend1.33
Dividend Yield9.32%
EPS(TTM)1.07
PE10.03
Fwd PE7.52
Earnings (Next)N/A N/A
IPO2022-01-31
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
GICS IndustryGroupFinancial Services


SSIC short term performance overview.The bars show the price performance of SSIC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5

SSIC long term performance overview.The bars show the price performance of SSIC in the last 1, 2 and 3 years. 1 year 2 years 3 years 2 4 6 8 10

The current stock price of SSIC is 10.735 USD. In the past month the price decreased by -6.33%. In the past year, price increased by 12.35%.

SILVER SPIKE INVESTMENT CORP / SSIC Daily stock chart

SSIC Competitors/Peers

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BK BANK OF NEW YORK MELLON CORP 16.65 83.01B
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ARES ARES MANAGEMENT CORP - A 38.75 57.50B
AMP AMERIPRISE FINANCIAL INC 13.42 47.18B
STT STATE STREET CORP 13.32 37.03B
NTRS NORTHERN TRUST CORP 16.99 27.56B
TPG TPG INC 27.71 24.81B
OWL BLUE OWL CAPITAL INC 19.42 24.53B

About SSIC

Company Profile

SSIC logo image Silver Spike Investment Corp. operates as a closed-end, non-diversified management investment company. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2022-01-31. The firm may invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. Its investment objective is to maximize risk-adjusted returns on equity for its shareholders. The firm intends to achieve its investment objective by investing primarily in secured debt, unsecured debt, equity warrants and direct equity investments in privately held businesses. The firm intends that its debt investments will often be secured by either a first or second priority lien on the assets of the portfolio company, can include either fixed or floating rate terms and generally have a term of between three and six years from the original investment date. The firm is managed by Silver Spike Capital, LLC, an investment manager focused on the cannabis and alternative health and wellness industries.

Company Info

SILVER SPIKE INVESTMENT CORP

600 Madison Ave, Suite 1800

New York City NEW YORK US

Employees: 0

SSIC Company Website

Phone: 12129054923

SILVER SPIKE INVESTMENT CORP / SSIC FAQ

Can you describe the business of SILVER SPIKE INVESTMENT CORP?

Silver Spike Investment Corp. operates as a closed-end, non-diversified management investment company. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2022-01-31. The firm may invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. Its investment objective is to maximize risk-adjusted returns on equity for its shareholders. The firm intends to achieve its investment objective by investing primarily in secured debt, unsecured debt, equity warrants and direct equity investments in privately held businesses. The firm intends that its debt investments will often be secured by either a first or second priority lien on the assets of the portfolio company, can include either fixed or floating rate terms and generally have a term of between three and six years from the original investment date. The firm is managed by Silver Spike Capital, LLC, an investment manager focused on the cannabis and alternative health and wellness industries.


Can you provide the latest stock price for SILVER SPIKE INVESTMENT CORP?

The current stock price of SSIC is 10.735 USD. The price increased by 0.89% in the last trading session.


What is the dividend status of SILVER SPIKE INVESTMENT CORP?

SILVER SPIKE INVESTMENT CORP (SSIC) has a dividend yield of 9.32%. The yearly dividend amount is currently 1.33.


How is the ChartMill rating for SILVER SPIKE INVESTMENT CORP?

SSIC has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


How is the valuation of SILVER SPIKE INVESTMENT CORP (SSIC) based on its PE ratio?

The PE ratio for SILVER SPIKE INVESTMENT CORP (SSIC) is 10.03. This is based on the reported non-GAAP earnings per share of 1.07 and the current share price of 10.735 USD.


What is the employee count for SSIC stock?

SILVER SPIKE INVESTMENT CORP (SSIC) currently has 0 employees.


Who owns SILVER SPIKE INVESTMENT CORP?

You can find the ownership structure of SILVER SPIKE INVESTMENT CORP (SSIC) on the Ownership tab.


SSIC Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

SSIC Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to SSIC. While SSIC has a great health rating, its profitability is only average at the moment.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

SSIC Financial Highlights

Over the last trailing twelve months SSIC reported a non-GAAP Earnings per Share(EPS) of 1.07. The EPS increased by 5.71% compared to the year before.


Industry RankSector Rank
PM (TTM) 44.95%
ROA 6.2%
ROE 6.63%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%9.48%
Sales Q2Q%6.47%
EPS 1Y (TTM)5.71%
Revenue 1Y (TTM)44.79%

SSIC Forecast & Estimates

6 analysts have analysed SSIC and the average price target is 8.98 USD. This implies a price decrease of -16.39% is expected in the next year compared to the current price of 10.735.

For the next year, analysts expect an EPS growth of -39.94% and a revenue growth 3.87% for SSIC


Analysts
Analysts43.33
Price Target8.98 (-16.35%)
EPS Next Y-39.94%
Revenue Next Year3.87%

SSIC Ownership

Ownership
Inst Owners1.02%
Ins Owners0.12%
Short Float %N/A
Short RatioN/A