Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
IPO Year: 2011
Exchange: NASDAQ
Website: fdus.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2024 | $22.00 | Buy → Neutral | B. Riley Securities |
| 10/14/2022 | $18.00 | Buy | B. Riley Securities |
| 7/11/2022 | $22.00 → $19.50 | Outperform → Mkt Perform | Keefe Bruyette |
| 3/7/2022 | $19.50 → $21.50 | Buy | B. Riley Securities |
| 3/7/2022 | $19.50 → $21.50 | Outperform | Raymond James |
| 8/9/2021 | $18.50 → $19.00 | Market Perform → Outperform | Hovde Group |
| 8/9/2021 | $19.00 → $19.50 | Outperform | Raymond James |
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8-K - FIDUS INVESTMENT Corp (0001513363) (Filer)
8-K - FIDUS INVESTMENT Corp (0001513363) (Filer)
Board of Directors Declared Total Dividends of $0.61 per Share for Fourth Quarter 2024 Base Dividend of $0.43 and Supplemental Dividend of $0.18 Per Share EVANSTON, Ill., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total investment income of $38.4 millionNet investment income of $21.4 million, or $0.64 per shareAdjusted net investment income of $20.4 million, or $
EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its third quarter 2024 financial results on Thursday, October 31, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, November 1, 2024. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://inve
Board of Directors Declared Total Dividends of $0.57 per Share for Third Quarter 2024 Base Dividend of $0.43 and Supplemental Dividend of $0.14 Per Share EVANSTON, Ill., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total investment income of $35.7 millionNet investment income of $17.0 million, or $0.53 per shareAdjusted net investment income of $18.4 million,
EVANSTON, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its second quarter 2024 financial results on Thursday, August 1, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, August 2, 2024. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://investo
Board of Directors Declared Total Dividends of $0.59 per Share for Second Quarter 2024Base Dividend of $0.43 and Supplemental Dividend of $0.16 Per Share EVANSTON, Ill., May 02, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total investment income of $34.7 millionNet investment income of $17.6 million, or $0.57 per shareAdjusted net investment income of $18.1 million, or $0.59 per share(
EVANSTON, Ill., April 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its first quarter 2024 financial results on Thursday, May 2, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, May 3, 2024. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://inves
Board of Directors Declared Total Dividends of $0.65 per Share for First Quarter 2024Base Dividend of $0.43 and Supplemental Dividend of $0.22 Per Share EVANSTON, Ill., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total investment income of $36.3 millionNet investment income of $16.9 million, or $0.58 per shareAdjusted net investment income of $18.8 million,
EVANSTON, Ill., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its fourth quarter 2023 financial results on Thursday, February 29, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, March 1, 2024. To participate in the conference call, please dial (866) 652-5200 approximately 10 minutes prior to the call. International callers should dial (412) 317-6060. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://inves
EVANSTON, Ill., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that its Board of Directors on February 13, 2024 declared a base dividend of $0.43 per share and a supplemental dividend of $0.22 per share for the first quarter of 2024. The Company's dividends will be payable on March 27, 2024 to stockholders of record as of March 20, 2024. When declaring dividends, the Company's Board of Directors reviews estimates of taxable income available for distribution, which differs from consolidated income under U.S. generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) t
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
B. Riley Securities downgraded Fidus Investment from Buy to Neutral and set a new price target of $22.00
B. Riley Securities resumed coverage of Fidus Investment with a rating of Buy and set a new price target of $18.00
Keefe Bruyette downgraded Fidus Investment from Outperform to Mkt Perform and set a new price target of $19.50 from $22.00 previously
B. Riley Securities reiterated coverage of Fidus Investment with a rating of Buy and set a new price target of $21.50 from $19.50 previously
Raymond James reiterated coverage of Fidus Investment with a rating of Outperform and set a new price target of $21.50 from $19.50 previously
Hovde Group upgraded Fidus Investment from Market Perform to Outperform and set a new price target of $19.00 from $18.50 previously
Raymond James reiterated coverage of Fidus Investment with a rating of Outperform and set a new price target of $19.50 from $19.00 previously
Hovde Group downgraded Fidus Investment from Outperform to Market Perform and set a new price target of $18.50 from $17.00 previously
Keefe Bruyette upgraded Fidus Investment from Mkt Perform to Outperform and set a new price target of $17.50
Raymond James reiterated coverage of Fidus Investment with a rating of Outperform and set a new price target of $16.00 from $14.00 previously
Fidus Investment (NASDAQ:FDUS) reported quarterly earnings of $0.59 per share which missed the analyst consensus estimate of $0.60 by 1.67 percent. This is a 1.67 percent decrease over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $34.651 million which missed the analyst consensus estimate of $34.861 million by 0.60 percent. This is a 19.26 percent increase over sales of $29.056 million the same period last year.
Monday marks the last chance for investors to receive the next dividend payout from Fidus Investment (NASDAQ:FDUS). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 43 cents per share. On Tuesday, Fidus Investment will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 43 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own FDUS as of the end of Monday's session are eligible to receive the 43 cents dividen
Fidus Investment (NASDAQ:FDUS) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Fidus Investment beat estimated earnings by 12.0%, reporting an EPS of $0.65 versus an estimate of $0.58. Revenue was up $8.84 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.06 which was followed by a 2.0% increase in the share price the next day. Here's a look at Fidus Investment's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.62 0.59 0.55 0.49 EPS Actual 0.68 0.62 0.60 0.51 Revenue Estimate 31.07M 29.38M 27.21M 26.39M
Fidus Investment (NASDAQ:FDUS) reported quarterly earnings of $0.650 per share which beat the analyst consensus estimate of $0.570 by 14.04 percent. The company reported quarterly sales of $36.311 million which beat the analyst consensus estimate of $32.920 million by 10.30 percent. This is a 32.16 percent increase over sales of $27.474 million the same period last year.
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Fidus Investment (NASDAQ:FDUS) is set to give its latest quarterly earnings report on Thursday, 2024-02-29. Here's what investors need to know before the announcement. Analysts estimate that Fidus Investment will report an earnings per share (EPS) of $0.58. Fidus Investment bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.06, which was followed by a 2.45% increase
What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the financial services sector: HBT Finl (NASDAQ:HBT) - P/E: 9.41 Old Second Bancorp (NASDAQ:OSBC) - P/E: 6.74 Enova International (NYSE:ENVA) - P/E: 9.91 Chemung Financial (NASDAQ:CHMG) - P/E: 8.81 Fidus Investment (NASDAQ:FDUS) - P/E: 8.96 Most recently, HBT Finl reported earnings per share at $0.6, whereas in Q3 earnings per share sat at $0.63. Its most recent
B. Riley Securities analyst Bryce Rowe downgrades Fidus Investment (NASDAQ:FDUS) from Buy to Neutral and announces $22 price target.
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the financial services sector: Fidus Investment (NASDAQ:FDUS) - P/E: 8.81 Everest Group (NYSE:EG) - P/E: 7.05 First Merchants (NASDAQ:FRME) - P/E: 6.87 First Citizens BancShares (NASDAQ:FCNCA) - P/E: 1.82 NMI Hold
Fidus Investment (NASDAQ:FDUS) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.62 by 9.68 percent. This is a 33.33 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $34.19 million which beat the analyst consensus estimate of $31.07 million by 10.03 percent. This is a 36.78 percent increase over sales of $24.99 million the same period last year.
Board of Directors Declared Total Dividends of $0.61 per Share for Fourth Quarter 2024 Base Dividend of $0.43 and Supplemental Dividend of $0.18 Per Share EVANSTON, Ill., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total investment income of $38.4 millionNet investment income of $21.4 million, or $0.64 per shareAdjusted net investment income of $20.4 million, or $
EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its third quarter 2024 financial results on Thursday, October 31, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, November 1, 2024. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://inve
Board of Directors Declared Total Dividends of $0.57 per Share for Third Quarter 2024 Base Dividend of $0.43 and Supplemental Dividend of $0.14 Per Share EVANSTON, Ill., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total investment income of $35.7 millionNet investment income of $17.0 million, or $0.53 per shareAdjusted net investment income of $18.4 million,
EVANSTON, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its second quarter 2024 financial results on Thursday, August 1, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, August 2, 2024. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://investo
Board of Directors Declared Total Dividends of $0.59 per Share for Second Quarter 2024Base Dividend of $0.43 and Supplemental Dividend of $0.16 Per Share EVANSTON, Ill., May 02, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total investment income of $34.7 millionNet investment income of $17.6 million, or $0.57 per shareAdjusted net investment income of $18.1 million, or $0.59 per share(
EVANSTON, Ill., April 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its first quarter 2024 financial results on Thursday, May 2, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, May 3, 2024. To participate in the conference call, please dial (844) 808-7136 approximately 10 minutes prior to the call. International callers should dial (412) 317-0534. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://inves
Board of Directors Declared Total Dividends of $0.65 per Share for First Quarter 2024Base Dividend of $0.43 and Supplemental Dividend of $0.22 Per Share EVANSTON, Ill., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total investment income of $36.3 millionNet investment income of $16.9 million, or $0.58 per shareAdjusted net investment income of $18.8 million,
EVANSTON, Ill., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that it will report its fourth quarter 2023 financial results on Thursday, February 29, 2024 after the close of the financial markets. Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, March 1, 2024. To participate in the conference call, please dial (866) 652-5200 approximately 10 minutes prior to the call. International callers should dial (412) 317-6060. Please ask to be joined into the Fidus Investment Corporation call. A live webcast of the conference call will be available at https://inves
EVANSTON, Ill., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company") today announced that its Board of Directors on February 13, 2024 declared a base dividend of $0.43 per share and a supplemental dividend of $0.22 per share for the first quarter of 2024. The Company's dividends will be payable on March 27, 2024 to stockholders of record as of March 20, 2024. When declaring dividends, the Company's Board of Directors reviews estimates of taxable income available for distribution, which differs from consolidated income under U.S. generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) t
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num