Apollo Investment Earnings: A Changing Portfolio
Business development company (BDC) Apollo Investment Corporation (NASDAQ: AINV) reported its fiscal first-quarter earnings, revealing that it covered its dividend with net investment income, despite a slight decrease in net investment income compared to the year-ago period.
Business development company earnings can generally be measured in two ways. The first measure is net investment income (also called net operating income), which includes all sources of income and expenses, excluding any capital gains or losses. The second measure is net income, which is net investment income, plus or minus capital gains or losses.
Net investment income is generally viewed as a barometer for the health of a BDC's dividend over the short term (a few quarterly reporting periods), as it excludes capital gains and losses that can result from fluctuations in investment values that may be related to technical factors, rather than the portfolio's true value over the long haul. (In the context of your own personal stock portfolio, you likely wouldn't think of a 5% change in value over the course of a quarter as meaningful to the investment thesis over the next five years, for example.)
Source: Fool.com
Apollo Investment Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Apollo Investment stock is not clear.
With a target price of 20 € there is a hugely positive potential of 52.37% for Apollo Investment compared to the current price of 13.13 €.
