Dividend reinvestment activity shapes long-term "arcc stock price forecast" expectations, with compounding effects supporting target ranges near $ Types : Market News, Top Stocks, Stock Ideas, Investment Strategies, Alpha Picks In reaction to the Q4 print, RBC Capital analyst Kenneth Lee reaffirmed a buy rating on ARCC stock and increased the price target slightly to $24 from $23. The analyst stated that the company's Q4 results were somewhat mixed relative to his expectations. While net asset value per share of $19.89 was modestly above RBC's estimate of $19.87, core earnings per share of 55 cents slightly fell short of RBC's forecast of 58 cents per share. Global credit markets are stabilizing, reinforcing bullish "arcc stock price forecast" estimates. Analysts cite ARCC’s low non-accrual rates as a key differentiator in sector performance.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.