NASDAQ:SSIC Silver Spike Investment (SSIC) Stock Price, News & Analysis → The new masters of energy (From Porter & Company) (Ad) Free SSIC Stock Alerts $11.45 +0.03 (+0.26%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$11.43▼$11.7150-Day Range$9.57▼$11.4652-Week Range$7.29▼$11.71Volume16,692 shsAverage Volume13,814 shsMarket Capitalization$71.10 millionP/E Ratio13.16Dividend Yield8.73%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Silver Spike Investment alerts: Email Address Ad Paradigm PressTime is Running Out - June 25th Deadline Approaching!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.That will slam shut June 25. About Silver Spike Investment Stock (NASDAQ:SSIC)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.Read More SSIC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSIC Stock News HeadlinesMay 13, 2024 | finance.yahoo.comSilver Spike Investment Corp (SSIC) Q1 2024 Earnings Call Transcript Highlights: Navigating ...May 11, 2024 | finance.yahoo.comQ1 2024 Silver Spike Investment Corp Earnings CallMay 9, 2024 | globenewswire.comSilver Spike Investment Corp. Reports First Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per ShareApril 25, 2024 | globenewswire.comSilver Spike Investment Corp. Announces First Quarter 2024 Financial Results Conference CallApril 3, 2024 | seekingalpha.comSilver Spike Investment Q4: This Cannabis BDC Looks Poised For GrowthMarch 29, 2024 | finance.yahoo.comQ4 2023 Silver Spike Investment Corp Earnings CallMarch 28, 2024 | msn.comCannabis Finance Company Silver Spike Announces Solid 2023 GainsMarch 27, 2024 | globenewswire.comSilver Spike Investment Corp. Reports Fiscal Year End 2023 Financial ResultsMarch 27, 2024 | benzinga.comEarnings Outlook For Silver Spike InvestmentMarch 14, 2024 | globenewswire.comSilver Spike Investment Corp. Announces Fiscal Year End 2023 Financial Results Conference CallMarch 8, 2024 | msn.comSilver Spike Investment declares $0.25 dividendMarch 8, 2024 | globenewswire.comSilver Spike Investment Corp. Declares Cash Dividend for First Quarter 2024February 20, 2024 | markets.businessinsider.comSilver Spike Investment Agrees To Purchase Loan Portfolio From Chicago AtlanticFebruary 20, 2024 | businesswire.comChicago Atlantic Enters into Joint Venture with Silver SpikeFebruary 20, 2024 | finance.yahoo.comSilver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago AtlanticFebruary 20, 2024 | finance.yahoo.comSilver Spike Investment Corp. Announces a Broadening of Its Investment StrategyFebruary 20, 2024 | globenewswire.comSilver Spike Investment Corp. Announces a Broadening of Its Investment StrategyFebruary 20, 2024 | globenewswire.comSilver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago AtlanticFebruary 10, 2024 | investorplace.comThe 3 Most Undervalued Cannabis Stocks to Buy in February 2024December 29, 2023 | morningstar.comSilver Spike Investment Corp SSICDecember 20, 2023 | seekingalpha.comSSIC Silver Spike Investment Corp.November 30, 2023 | msn.comSilver Spike Investment raises dividend by 11.1% to $0.70November 27, 2023 | msn.comSilver Spike Investment (SSIC) Price Target Increased by 29.55% to 11.63November 11, 2023 | finance.yahoo.comQ3 2023 Silver Spike Investment Corp Earnings CallNovember 9, 2023 | finance.yahoo.comSilver Spike Investment Corp. Reports Third Quarter 2023 Financial ResultsSee More Headlines 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. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/19/2024Dividend Payable3/28/2024Last Earnings5/09/2024Today6/07/2024Ex-Dividend for 6/28 Dividend6/20/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry N/A Sub-IndustryN/A Current SymbolNASDAQ:SSIC CUSIPN/A CIK1843162 Webwww.silverspikecap.com Phone212-905-4923FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.87 Trailing P/E Ratio13.16 Forward P/E Ratio18.17 P/E GrowthN/ANet Income$7.34 million Net Margins44.98% Pretax Margin42.32% Return on Equity5.96% Return on Assets5.76% Debt Debt-to-Equity RatioN/A Current Ratio15.48 Quick Ratio15.48 Sales & Book Value Annual Sales$11.93 million Price / Sales5.96 Cash Flow$0.94 per share Price / Cash Flow12.18 Book Value$13.77 per share Price / Book0.83Miscellaneous Outstanding Shares6,210,000Free Float1,695,000Market Cap$71.10 million OptionableNot Optionable Beta0.28 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Scott Charles Gordon (Age 63)Chairperson & CEO Mr. Umesh Bhaskar Mahajan (Age 53)Chief Financial Officer Ms. Roxanne Nicole Jenkins (Age 38)Chief Compliance Officer & Secretary Key CompetitorsBank7NASDAQ:BSVNFirst Business Financial ServicesNASDAQ:FBIZWest BancorporationNASDAQ:WTBACapital BancorpNASDAQ:CBNKPutnam Managed Municipal Income TrustNYSE:PMMView All CompetitorsInstitutional OwnershipO Shaughnessy Asset Management LLCBought 12,446 shares on 5/13/2024Ownership: 0.200%View All Institutional Transactions SSIC Stock Analysis - Frequently Asked Questions How have SSIC shares performed in 2024? Silver Spike Investment's stock was trading at $8.44 on January 1st, 2024. Since then, SSIC shares have increased by 35.7% and is now trading at $11.45. View the best growth stocks for 2024 here. When is Silver Spike Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our SSIC earnings forecast. How were Silver Spike Investment's earnings last quarter? Silver Spike Investment Corp. (NASDAQ:SSIC) issued 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 business had revenue of $2.76 million for the quarter, compared to analysts' expectations of $2.38 million. Silver Spike Investment had a trailing twelve-month return on equity of 5.96% and a net margin of 44.98%. During the same period in the previous year, the business posted $0.22 earnings per share. How often does Silver Spike Investment pay dividends? What is the dividend yield for Silver Spike Investment? Silver Spike Investment declared a quarterly dividend on Friday, May 10th. Shareholders of record on Thursday, June 20th will be given a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date of this dividend is Thursday, June 20th. Read our dividend analysis for SSIC. Is Silver Spike Investment a good dividend stock? Silver Spike Investment (NASDAQ:SSIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 8.77%. SSIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SSIC. What ETF holds Silver Spike Investment's stock? Amplify Seymour Cannabis ETF holds 82,918 shares of SSIC stock, representing 2.95% of its portfolio. When did Silver Spike Investment IPO? Silver Spike Investment (SSIC) raised $85 million in an IPO on Friday, February 4th 2022. The company issued 6,100,000 shares at $14.00 per share. Stifel and Piper Sandler served as the underwriters for the IPO and Canaccord Genuity and Cantor were co-managers. Who are Silver Spike Investment's major shareholders? Silver Spike Investment's stock is owned by a number of retail and institutional investors. Top institutional investors include O Shaughnessy Asset Management LLC (0.20%). How do I buy shares of Silver Spike Investment? 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. Compare Top Brokerages Here. 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