Overview
Fidus Q2 2025 total investment income rises 12.1% to $40.0 mln
Adjusted net investment income at $20.0 mln, or $0.57 per share
Company invested $94.5 mln in new debt and equity securities
Outlook
Fidus sees ample liquidity to build portfolio
Company aims to maintain attractive risk-adjusted returns
Result Drivers
INTEREST INCOME - Increase in average debt investment balances led to higher interest income, contributing to total investment income growth
FEE INCOME - Significant rise in fee income driven by increased prepayment and origination fees
DIVIDEND INCOME - Growth in dividend income attributed to higher distributions from equity investments
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Net Asset Value | $692.30 mln | ||
Q2 Net Asset Value Per Share | $19.57 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the closed end funds peer group is "hold."
Wall Street's median 12-month price target for Fidus Investment Corp is $22.00, about 5.7% above its August 6 closing price of $20.75
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nGNX2WPgK6
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)