View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsSWK Holdings 将来の成長Future 基準チェック /06現在、 SWK Holdingsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Diversified Financial 収益成長8.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジLow最終更新日19 Nov 2025今後の成長に関する最新情報Price Target Changed • May 21Price target decreased by 14% to US$22.00Down from US$25.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of US$17.73. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of US$1.85 for next year compared to US$1.26 last year.Major Estimate Revision • May 17Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.13 to US$1.35. Revenue forecast unchanged at US$36.0m. Net income forecast to grow 29% next year vs 9.8% growth forecast for Diversified Financial industry in the US. Consensus price target of US$24.00 unchanged from last update. Share price was steady at US$17.10 over the past week.Major Estimate Revision • Apr 05Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.20 to US$1.49. Revenue forecast unchanged at US$36.8m. Net income forecast to grow 4.2% next year vs 1.0% growth forecast for Diversified Financial industry in the US. Consensus price target down from US$25.50 to US$24.00. Share price fell 2.8% to US$17.51 over the past week.Major Estimate Revision • Oct 13Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from US$34.0m to US$39.0m. EPS estimate increased from US$0.77 to US$0.97 per share. Net income forecast to grow 36% next year vs 12% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 3.5% to US$17.33 over the past week.Major Estimate Revision • Aug 17Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$41.0m to US$34.0m. EPS estimate fell from US$1.54 to US$0.77 per share. Net income forecast to grow 26% next year vs 11% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 2.0% to US$18.35 over the past week.Major Estimate Revision • May 17Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$45.5m to US$41.0m. EPS estimate also fell from US$1.90 per share to US$1.54 per share. Net income forecast to shrink 24% next year vs 29% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price was steady at US$19.30 over the past week.すべての更新を表示Recent updatesお知らせ • Apr 07Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC completed the acquisition of SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $240 million.Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC entered into a definitive merger to acquire SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $220 million on October 9, 2025. Under the terms of the agreement, SWK shareholders will receive $75.5 million in Runway Growth shares and approximately $145 million in cash. Sell side termination fee is $8.225 million. SWK’s Board of Directors has unanimously approved the transaction. The transaction is Anticipated closing late Q4 2025 or early Q1 2026, pending SWK shareholder and regulatory approvals, the Form N-14 shall have become effective under the Securities Act, the expiration or termination of the applicable waiting period, under the U.S. Hart-Rodino Antitrust Improvements Act of 1976 and other customary closing conditions. The transaction is expected to be accretive to net investment income. On December 2, 2025, the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was granted. As of March 31, 2026, majority shareholders of SWK approved the transaction. Jonathan Corsico and Steven Grigoriou of Simpson Thacher & Bartlett LLP acted as legal advisor for Runway Growth Capital LLC. Keefe, Bruyette & Woods, Inc. acted as financial advisor and fairness opinion provider and Rachael Bushey and Laura Umbrecht Gulick of Goodwin Procter LLP acted as legal advisor for SWK Holdings Corporation. Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC completed the acquisition of SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $240 million on April 6, 2026. RWAY issued an aggregate of approximately 6,330,640 shares of RWAY Common Stock and paid $173,539,245.32 in cash to SWK Holdings Corporation former stockholders.お知らせ • Oct 10Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC entered into a definitive merger to acquire SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $220 million.Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC entered into a definitive merger to acquire SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $220 million on October 9, 2025. Under the terms of the agreement, SWK shareholders will receive $75.5 million in Runway Growth shares and approximately $145 million in cash. SWK’s Board of Directors has unanimously approved the transaction. The transaction is Anticipated closing late Q4 2025 or early Q1 2026, pending SWK shareholder and regulatory approvals and other customary closing conditions. The transaction is expected to be accretive to net investment income. Simpson Thacher & Bartlett LLP acted as legal advisor for Runway Growth Capital LLC. Keefe, Bruyette & Woods, Inc. acted as financial advisor and Goodwin Procter LLP acted as legal advisor for SWK Holdings Corporation.Seeking Alpha • Sep 29SWK Holdings: High Yielding Debt To Mature Soon, Shares Worth A BuySummary SWK Holdings (SWKH) has shifted its strategy by selling royalty assets, paying a special dividend, and focusing on loan growth and pharmaceutical development. Despite a slight revenue decline, SWKH improved operating income and cash flow, with stable loan yields above 14% supporting a sustainable business model. The 9% coupon baby bond (SWKHL) faces potential call, but refinancing options and current pricing suggest investors may still collect attractive income. With lower future interest expenses likely and a stable outlook, I have taken a small position in SWKH shares, expecting improved earnings ahead. Read the full article on Seeking Alphaお知らせ • Aug 07SWK Holdings Corporation to Report Q2, 2025 Results on Aug 14, 2025SWK Holdings Corporation announced that they will report Q2, 2025 results After-Market on Aug 14, 2025お知らせ • May 20SWK Holdings Corporation (NasdaqGM:SWKH) announces an Equity Buyback for $10 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will expire on May 19, 2026.お知らせ • May 09SWK Holdings Corporation to Report Q1, 2025 Results on May 15, 2025SWK Holdings Corporation announced that they will report Q1, 2025 results After-Market on May 15, 2025お知らせ • Apr 30SWK Holdings Corporation, Annual General Meeting, Jun 13, 2025SWK Holdings Corporation, Annual General Meeting, Jun 13, 2025.分析記事 • Apr 16SWK Holdings Corporation's (NASDAQ:SWKH) Shares May Have Run Too Fast Too SoonIt's not a stretch to say that SWK Holdings Corporation's ( NASDAQ:SWKH ) price-to-earnings (or "P/E") ratio of 16.4x...お知らせ • Apr 11SWK Holdings Corporation Declares Special Cash Dividend of Common Stock, Payable on May 8, 2025On April 10, 2025, SWK Holdings Corporation announced that its Board of Directors has declared a special cash dividend of $4.00 per share, payable to all holders of record of the Company’s common stock as of April 24, 2025, with a payment date of May 8, 2025.お知らせ • Mar 20Soleus Capital LLC entered into a definitive agreement to acquire Substantially All Remaining Performing Royalty Portfolio of SWK Holdings Corporation (NasdaqGM:SWKH) in a transaction valued at $34 million.Soleus Capital LLC entered into a definitive agreement to acquire Substantially All Remaining Performing Royalty Portfolio of SWK Holdings Corporation (NasdaqGM:SWKH) in a transaction valued at $34 million on March 17, 2025. A cash consideration will be paid by Soleus Capital LLC. The transaction is expected to close in approximately two weeks, subject to the satisfactory of customary conditions to closing.お知らせ • Mar 13SWK Holdings Corporation to Report Q4, 2024 Results on Mar 19, 2025SWK Holdings Corporation announced that they will report Q4, 2024 results After-Market on Mar 19, 2025Seeking Alpha • Jan 14SWK Holdings: Baby Bond Yielding 8.8% A Good Choice For Income InvestorsSummary SWK Holdings’ baby bond, trading slightly above par, offers an attractive return for income investors despite a potential short-duration call opportunity. The company’s year-to-date revenue increased by $5 million, but noncash expenses led to a drop in income from operations to $6 million. SWK Holdings’ strong cash generation allowed it to pay off debt, build cash reserves, and buy back shares, mitigating risks from rising nonaccrual loans. Despite sector volatility, SWKH’s stable investment yields and improved cash flow make its baby bonds a compelling investment for debt investors. Read the full article on Seeking AlphaSeeking Alpha • Sep 19SWK Holdings: Baby Bond Represents Only Debt And 8.9% Coupon YieldSummary SWK Holdings specializes in healthcare financing through term loans and royalty agreements, with baby bonds offering an attractive 8.9% income yield despite trading above call price. The company saw solid revenue growth in the first half of 2024, driven by interest from financing receivables, but faced increased expenses and lower income from operations. SWK's term loans and royalties have declined, with some loans downgraded, and royalty deals impaired, posing risks to future performance and potential growth in nonaccrual balances. Read the full article on Seeking Alphaお知らせ • Jul 09+ 1 more updateSWK Holdings Corporation Announces the Promotion of Courtney Baker to ControllerSWK Holdings Corporation announced the promotion of Courtney Baker, CPA, to Controller. Baker initially joinedSWK Holdings as Assistant Controller in July 2023. Prior to SWK, she worked for a leading government services contractor in the defense and aerospace industry, specializing in revenue recognition. Her background includes technical accounting, SEC reporting, M&A activity, due diligence, purchase price allocation, and system integration. Prior to that, Baker worked in the financial services industry where she specialized in system upgrades and process improvements. She holds a Bachelor of Science in Business Administration from Tarleton State University where she became a member of the Delta Mu Delta International Business Honor Society and is a Certified Public Accountant (CPA) registered in the state of Texas.Price Target Changed • May 21Price target decreased by 14% to US$22.00Down from US$25.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of US$17.73. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of US$1.85 for next year compared to US$1.26 last year.お知らせ • May 21SWK Holdings Corporation (NasdaqGM:SWKH) announces an Equity Buyback for $10 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will expire on May 16, 2025.New Risk • May 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.お知らせ • Apr 28SWK Holdings Corporation, Annual General Meeting, Jun 14, 2024SWK Holdings Corporation, Annual General Meeting, Jun 14, 2024, at 09:00 Central Standard Time. Agenda: To consider the election of Jerry Albright, Laurie L. Dotter, Robert K. Hatcher and Marcus Pennington, as directors of the Company to serve until 2025 Annual Meeting of Stockholders and until their respective successors have been elected and qualified, or until their earlier resignation, death or removal; to consider the ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider the approval on an advisory basis of the compensation paid to certain executive officers.Seeking Alpha • Apr 09SWK Holdings Offers Attractive 9% Baby BondSummary SWK Holdings offers a 9% coupon baby bond, which is currently trading close to par, making it a good choice for income investors. Despite a decline in revenues, SWK managed to increase its net profit by $2 million in 2023, with expenses remaining under control. SWK's balance sheet shows stable shareholder equity, and the company is generating a healthy amount of cash to support its interest payments. Read the full article on Seeking AlphaNew Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.お知らせ • Nov 07SWK Holdings Corporation to Report Q3, 2023 Results on Nov 09, 2023SWK Holdings Corporation announced that they will report Q3, 2023 results on Nov 09, 2023お知らせ • Aug 10SWK Holdings Corporation to Report Q2, 2023 Results on Aug 09, 2023SWK Holdings Corporation announced that they will report Q2, 2023 results on Aug 09, 2023お知らせ • May 17SWK Holdings Corporation (NasdaqCM:SWKH) announces an Equity Buyback for $10 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will expire on May 16, 2024.Major Estimate Revision • May 17Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.13 to US$1.35. Revenue forecast unchanged at US$36.0m. Net income forecast to grow 29% next year vs 9.8% growth forecast for Diversified Financial industry in the US. Consensus price target of US$24.00 unchanged from last update. Share price was steady at US$17.10 over the past week.Major Estimate Revision • Apr 05Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.20 to US$1.49. Revenue forecast unchanged at US$36.8m. Net income forecast to grow 4.2% next year vs 1.0% growth forecast for Diversified Financial industry in the US. Consensus price target down from US$25.50 to US$24.00. Share price fell 2.8% to US$17.51 over the past week.Board Change • Apr 02High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Director Marcus Pennington is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 02+ 1 more updateAn unknown buyer acquired all shares in Harrow Health, Inc. from SWK Funding LLC.An unknown buyer acquired all shares in Harrow Health, Inc. from SWK Funding LLC on December 31, 2022. During the fourth quarter SWK sold all its shares in Harrow Health and Bioventus for proceeds totaling $3.8 million.お知らせ • Jan 04+ 1 more updateSWK Holdings Corporation Names Jody Staggs as Chief Executive OfficerSWK Holdings Corporation announced that Jody Staggs has been named the company's Chief Executive Officer. In September 2022, Mr. Staggs was promoted to the position of President and interim Chief Executive Officer. Effective January 1, 2023, Mr. Staggs holds the titles of President and Chief Executive Officer of SWK Holdings.Board Change • Nov 17High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Director Marcus Pennington is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 09SWK Holdings Corporation to Report Q3, 2022 Results on Nov 10, 2022SWK Holdings Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 10, 2022Major Estimate Revision • Oct 13Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from US$34.0m to US$39.0m. EPS estimate increased from US$0.77 to US$0.97 per share. Net income forecast to grow 36% next year vs 12% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 3.5% to US$17.33 over the past week.Seeking Alpha • Oct 10SWK Holdings unit receives $5M payment from Cara TherapeuticsLife sciences focused specialty finance company SWK Holdings (NASDAQ:SWKH) said its unit Enteris BioPharma received a $5M clinical progression milestone payment from Cara Therapeutics (NASDAQ:CARA). The payment relates to a license agreement for the company's Peptelligence oral formulation technology. Enteris is entitled to retain $2.5M of this payment. Since license inception, the unit has received $33M of payments from Cara. Source: Press Releaseお知らせ • Oct 06+ 1 more updateSWK Holdings Corporation Promotes John David Tamas to Director of UnderwritingSWK Holdings Corporation announced that the company has promoted John David (J.D.) Tamas to Director of Underwriting, a newly created position at the company. Mr. Tamas was promoted to Director of Underwriting after joining SWK in February 2022 as aDirector. He was previously Vice President at NXT Capital /ORIX Leveraged Finance, where he focused principally on providing stretch and unitranche credit to privateequity sponsors in the lower- and middle- markets. Prior to that, Mr. Tamas worked for Cotton Creek Capital, a middle-market privateequity firm. He began his career at Wachovia /Wells Fargo Securities within the Leveraged Finance Division. Mr. Tamas earned a BS degree in Finance, with Honors, from the University of Arkansas and an MBA in Finance, with Honors, from the Wharton School of the University of Pennsylvania.Recent Insider Transactions Derivative • Sep 08CEO & Chairman exercised options and sold US$475k worth of stockOn the 31st of August, Winston Black exercised 125.00k options at around US$13.70, then sold 102k of the shares acquired at an average of US$17.16 per share and kept the remainder. For the year to December 2015, Winston's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2021, Winston has owned 76.66k shares directly. Company insiders have collectively sold US$527k more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Sep 02+ 1 more updateSWK Holdings Corporation Announces Chief Executive Officer ChangesSWK Holdings Corporation announced that Jody Staggs, Managing Director of SWK Holdings, will serve as interim Chief Executive Officer, effective September 30, 2022. Winston Black, Chairman and CEO, will leave his positions at SWK, effective September 30, 2022. Mr. Staggs, 41, was a co-founder of PBS Capital, an investment management firm that focused on pharmaceutical royalties and healthcare equities and was a predecessor to SWK's specialty finance business. He joined SWK Holdings in August 2015 and was promoted to Managing Director in January 2020. Prior to joining SWK, Mr. Staggs was a Vice President of Investments at Annandale Capital as well as being the first employee at Dallas-based hedge fund, Alistair Capital. Mr. Staggs was a Senior Portfolio Analyst at Highland Capital where he worked on the firm's healthcare multi-strategy and public equity groups. Mr. Staggs began his career as an equity research associate at Raymond James, where he covered healthcare companies. He was a Walton Scholar and on the Dean's List at the University of Arkansas where he graduated with a B.A. in Finance. He has earned the right to use the Chartered Financial Analyst designation.Seeking Alpha • Sep 01SWK Holdings announces leadership transitionSWK Holdings (NASDAQ:SWKH) promotes Managing Director Jody Staggs to the position of President, effective September 1, 2022. He will also serve as interim Chief Executive Officer, effective September 30, 2022. Winston Black, Chairman and CEO, will leave his positions at SWK, effective September 30, 2022. Mr. Staggs joined the company in August 2015 and was promoted to Managing Director in January 2020. Prior to joining the company Mr. Staggs was a Vice President of Investments at Annandale Capital.Major Estimate Revision • Aug 17Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$41.0m to US$34.0m. EPS estimate fell from US$1.54 to US$0.77 per share. Net income forecast to grow 26% next year vs 11% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 2.0% to US$18.35 over the past week.お知らせ • Aug 10SWK Holdings Corporation to Report Q2, 2022 Results on Aug 11, 2022SWK Holdings Corporation announced that they will report Q2, 2022 results on Aug 11, 2022お知らせ • May 20+ 1 more updateSWK Holdings Corporation, Annual General Meeting, Jul 19, 2022SWK Holdings Corporation, Annual General Meeting, Jul 19, 2022.Major Estimate Revision • May 17Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$45.5m to US$41.0m. EPS estimate also fell from US$1.90 per share to US$1.54 per share. Net income forecast to shrink 24% next year vs 29% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price was steady at US$19.30 over the past week.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Chairman Winston Black is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Seeking Alpha • Apr 27Killer R2K Setup In SWKProfiting from the index’s reconstitution. Identifying the cutoff. Identifying surprise new members.Board Change • Apr 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Chairman Winston Black is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Feb 17SWK Holdings Corporation Announces Board and Committee AppointmentsSWK Holdings Corporation announced the reconstitution of the Company's Board of Directors with three new appointments. Effective February 15, 2021, Wendy DiCicco and Robert K. Hatcher were appointed as independent directors, joining, Laurie Dotter, who was appointed as an independent director on February 9, 2022, and previous Board members, Winston Black, Chairman and CEO of SWK Holdings, and Marcus Pennington. Ms. DiCicco, Ms. Dotter, and Mr. Hatcher will serve on the Board's Audit, Compensation and Governance Committees. Ms. DiCicco currently serves as an executive board advisory consultant for Board Advantage, LLC. Ms. DiCicco is an independent financial and board advisor to companies in the life sciences industry, often serving in the role of interim Chief Financial Officer. Ms. Dotter currently serves as an Advisor at Dottid. Ms. Dotter has served in executive leadership roles in several investment companies that delivered attractive investment returns on commercial real estate operating companies, development and management companies, and portfolios requiring repositioning to enhance value. Mr. Hatcher currently serves as the Chairman of Avalon Advisors. Mr. Hatcher previously served as the President and CEO of Cockrell Interests, Pinto Investment Partners LP and Pinto Trust Company and as Chairman of the Finance Advisory Committee for PTV Healthcare Capital and Pinto America Growth Fund. Prior to Cockrell Interests, Mr. Hatcher founded and served as Managing Director of Citywest Ventures.お知らせ • Jan 06Carlson Capital, L.P. cancelled the acquisition of remaining 29% stake in SWK Holdings Corporation (NasdaqCM:SWKH).Funds managed by Carlson Capital, L.P. has made non-binding proposal to acquire remaining 29% stake in SWK Holdings Corporation on November 23, 2021. Under the terms of agreement, Carlson is acquiring all of the issued and outstanding shares of common stock of the SWK Holdings not already owned by Carlson for a price of $19 per share, payable in cash. The Company’s Board of Directors (the “Board”) has formed a special committee of non-executive, independent directors (the “Special Committee”). The Special Committee, in consultation with its advisors, will carefully review and consider Carlson’s proposal and pursue the course of action that it believes is in the best interests of the Company’s stockholders. In response to those discussions, on December 27, 2021, Carlson Capital delivered to the members of the Special Committee updated terms of the Proposed Transaction, pursuant to which Carlson Capital has proposed to acquire all issued and outstanding shares of the Issuer not already owned by Carlson Capital for a price of $20.20 per share, payable in cash, subject to the same qualifications as previously communicated and set forth in the November 23 Letter. As of January 5, 2022, the Special Committee concluded that it would not be able to reach an agreement with Carlson Capital with respect to Carlson Capital's latest $20.20 per share proposal based on other economic and non-economic terms and the Special Committee determined that it would dissolve. JMP Securities LLC is serving as financial advisor to the Special Committee and Shearman & Sterling LLP is acting as legal counsel to SWK Holdings Corporation. Carlson Capital, L.P. cancelled the acquisition of remaining 29% stake in SWK Holdings Corporation (NasdaqCM:SWKH) on January 5, 2022.Recent Insider Transactions Derivative • Jan 05CEO & Chairman exercised options and sold US$571k worth of stockOn the 31st of December, Winston Black exercised 75.00k options at around US$8.30, then sold 50k of the shares acquired at an average of US$19.63 per share and kept the remainder. For the year to December 2020, Winston's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2021, Winston has owned 51.59k shares directly. Company insiders have collectively sold US$367k more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Nov 25Funds managed by Carlson Capital, L.P. has made non-binding proposal to acquire remaining 29% stake in SWK Holdings Corporation.Funds managed by Carlson Capital, L.P. has made non-binding proposal to acquire remaining 29% stake in SWK Holdings Corporation on November 23, 2021. Under the terms of agreement, Carlson is acquiring all of the issued and outstanding shares of common stock of the SWK Holdings not already owned by Carlson for a price of $19 per share, payable in cash. The Company’s Board of Directors (the “Board”) has formed a special committee of non-executive, independent directors (the “Special Committee”). The Special Committee, in consultation with its advisors, will carefully review and consider Carlson’s proposal and pursue the course of action that it believes is in the best interests of the Company’s stockholders. JMP Securities LLC is serving as financial advisor to the Special Committee and Shearman & Sterling LLP is acting as legal counsel to SWK Holdings Corporation.お知らせ • Jun 28+ 8 more updatesSWK Holdings Corporation(NasdaqCM:SWKH) dropped from Russell 3000E Value IndexSWK Holdings Corporation(NasdaqCM:SWKH) dropped from Russell 3000E Value Indexお知らせ • Jun 25SWK Holdings Corporation (NasdaqCM:SWKH) announces an Equity Buyback for $5 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The program will expire on March 15, 2022.お知らせ • Jun 24Cannell Capital Provides Information to the ShareholdersOn June 23, 2021, Cannell Capital LLC reserves the right to discuss various views and opinions with respect to the Company and its business plans with the Company or the members of its senior management and the discussion of such views and opinions may extend from ordinary day-to-day business operations to matters such as nominees for representation on the Company’s board of directors, senior management decisions and extraordinary business transactions. Cannell reserves the right to take such action as he may deem necessary from time to time to seek to maximize the value of the shares.分析記事 • Jun 11Shareholders May Be More Conservative With SWK Holdings Corporation's (NASDAQ:SWKH) CEO Compensation For NowPerformance at SWK Holdings Corporation ( NASDAQ:SWKH ) has been reasonably good and CEO Winston Black has done a...Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$37.7m to US$39.0m. EPS estimate fell from US$2.05 to US$1.48 per share. Net income forecast to grow 61% next year vs 32% decline forecast for Diversified Financial industry in the US. Consensus price target up from US$25.00 to US$29.50. Share price rose 4.8% to US$16.62 over the past week.Is New 90 Day High Low • Mar 10New 90-day high: US$15.09The company is up 5.0% from its price of US$14.41 on 09 December 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.18 per share.分析記事 • Feb 16Update: SWK Holdings (NASDAQ:SWKH) Stock Gained 46% In The Last Five YearsIf you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...分析記事 • Jan 12Here's What SWK Holdings Corporation's (NASDAQ:SWKH) Shareholder Ownership Structure Looks LikeThe big shareholder groups in SWK Holdings Corporation ( NASDAQ:SWKH ) have power over the company. Generally speaking...Is New 90 Day High Low • Dec 09New 90-day high: US$15.29The company is up 9.0% from its price of US$14.01 on 09 September 2020. The American market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$6.61 per share.Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 18% share price gain to US$15.29, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 10x in the Diversified Financial industry in the US. Total returns to shareholders over the past three years are 43%.分析記事 • Dec 08A Look At SWK Holdings' (NASDAQ:SWKH) CEO RemunerationWinston Black has been the CEO of SWK Holdings Corporation ( NASDAQ:SWKH ) since 2016, and this article will examine...Valuation Update With 7 Day Price Move • Dec 02Market pulls back on stock over the past weekAfter last week's 15% share price decline to US$12.95, the stock is trading at a trailing P/E ratio of 17.9x, down from the previous P/E ratio of 21.1x. This compares to an average P/E of 10x in the Diversified Financial industry in the US. Total returns to shareholders over the past three years are 21%.Is New 90 Day High Low • Nov 04New 90-day high: US$15.15The company is up 16% from its price of US$13.04 on 06 August 2020. The American market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 1.0% over the same period.Is New 90 Day High Low • Oct 02New 90-day high: US$15.05The company is up 20% from its price of US$12.56 on 02 July 2020. The American market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 19% over the same period.業績と収益の成長予測NasdaqGM:SWKH - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202538-32727N/A9/30/202540232324N/A6/30/202537172929N/A3/31/202535182727N/A12/31/202428132323N/A9/30/202425102222N/A6/30/202425111919N/A3/31/202430121819N/A12/31/202334161415N/A9/30/202334161212N/A6/30/202339181010N/A3/31/2023361545N/A12/31/2022381388N/A9/30/202246171617N/A6/30/202242131819N/A3/31/202258263334N/A12/31/202156263334N/A9/30/202152243133N/A6/30/202153263033N/A3/31/202138131620N/A12/31/20203651519N/A9/30/20203391214N/A6/30/20202991113N/A3/31/202027131515N/A12/31/201928241819N/A9/30/20192720N/A18N/A6/30/20191410N/A21N/A3/31/2019159N/A21N/A12/31/2018126N/A20N/A9/30/20189-7N/A25N/A6/30/2018212N/A22N/A3/31/2018211N/A22N/A12/31/2017303N/A19N/A9/30/20173135N/A12N/A6/30/20172935N/A10N/A3/31/20173031N/A10N/A12/31/20162129N/A10N/A9/30/2016232N/A11N/A6/30/201616-7N/A12N/A3/31/201612-7N/A10N/A12/31/201512-7N/A11N/A9/30/20151214N/A10N/A6/30/20151820N/A7N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SWKHの予測収益成長が 貯蓄率 ( 3.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: SWKHの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: SWKHの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: SWKHの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: SWKHの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SWKHの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YDiversified-financials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/04/07 16:18終値2026/04/02 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SWK Holdings Corporation 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Michael DianaMaxim Group
Price Target Changed • May 21Price target decreased by 14% to US$22.00Down from US$25.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of US$17.73. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of US$1.85 for next year compared to US$1.26 last year.
Major Estimate Revision • May 17Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.13 to US$1.35. Revenue forecast unchanged at US$36.0m. Net income forecast to grow 29% next year vs 9.8% growth forecast for Diversified Financial industry in the US. Consensus price target of US$24.00 unchanged from last update. Share price was steady at US$17.10 over the past week.
Major Estimate Revision • Apr 05Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.20 to US$1.49. Revenue forecast unchanged at US$36.8m. Net income forecast to grow 4.2% next year vs 1.0% growth forecast for Diversified Financial industry in the US. Consensus price target down from US$25.50 to US$24.00. Share price fell 2.8% to US$17.51 over the past week.
Major Estimate Revision • Oct 13Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from US$34.0m to US$39.0m. EPS estimate increased from US$0.77 to US$0.97 per share. Net income forecast to grow 36% next year vs 12% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 3.5% to US$17.33 over the past week.
Major Estimate Revision • Aug 17Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$41.0m to US$34.0m. EPS estimate fell from US$1.54 to US$0.77 per share. Net income forecast to grow 26% next year vs 11% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 2.0% to US$18.35 over the past week.
Major Estimate Revision • May 17Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$45.5m to US$41.0m. EPS estimate also fell from US$1.90 per share to US$1.54 per share. Net income forecast to shrink 24% next year vs 29% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price was steady at US$19.30 over the past week.
お知らせ • Apr 07Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC completed the acquisition of SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $240 million.Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC entered into a definitive merger to acquire SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $220 million on October 9, 2025. Under the terms of the agreement, SWK shareholders will receive $75.5 million in Runway Growth shares and approximately $145 million in cash. Sell side termination fee is $8.225 million. SWK’s Board of Directors has unanimously approved the transaction. The transaction is Anticipated closing late Q4 2025 or early Q1 2026, pending SWK shareholder and regulatory approvals, the Form N-14 shall have become effective under the Securities Act, the expiration or termination of the applicable waiting period, under the U.S. Hart-Rodino Antitrust Improvements Act of 1976 and other customary closing conditions. The transaction is expected to be accretive to net investment income. On December 2, 2025, the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was granted. As of March 31, 2026, majority shareholders of SWK approved the transaction. Jonathan Corsico and Steven Grigoriou of Simpson Thacher & Bartlett LLP acted as legal advisor for Runway Growth Capital LLC. Keefe, Bruyette & Woods, Inc. acted as financial advisor and fairness opinion provider and Rachael Bushey and Laura Umbrecht Gulick of Goodwin Procter LLP acted as legal advisor for SWK Holdings Corporation. Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC completed the acquisition of SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $240 million on April 6, 2026. RWAY issued an aggregate of approximately 6,330,640 shares of RWAY Common Stock and paid $173,539,245.32 in cash to SWK Holdings Corporation former stockholders.
お知らせ • Oct 10Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC entered into a definitive merger to acquire SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $220 million.Runway Growth Finance Corp. (NasdaqGS:RWAY) managed by Runway Growth Capital LLC entered into a definitive merger to acquire SWK Holdings Corporation (NasdaqGM:SWKH) from Carlson Capital, L.P for approximately $220 million on October 9, 2025. Under the terms of the agreement, SWK shareholders will receive $75.5 million in Runway Growth shares and approximately $145 million in cash. SWK’s Board of Directors has unanimously approved the transaction. The transaction is Anticipated closing late Q4 2025 or early Q1 2026, pending SWK shareholder and regulatory approvals and other customary closing conditions. The transaction is expected to be accretive to net investment income. Simpson Thacher & Bartlett LLP acted as legal advisor for Runway Growth Capital LLC. Keefe, Bruyette & Woods, Inc. acted as financial advisor and Goodwin Procter LLP acted as legal advisor for SWK Holdings Corporation.
Seeking Alpha • Sep 29SWK Holdings: High Yielding Debt To Mature Soon, Shares Worth A BuySummary SWK Holdings (SWKH) has shifted its strategy by selling royalty assets, paying a special dividend, and focusing on loan growth and pharmaceutical development. Despite a slight revenue decline, SWKH improved operating income and cash flow, with stable loan yields above 14% supporting a sustainable business model. The 9% coupon baby bond (SWKHL) faces potential call, but refinancing options and current pricing suggest investors may still collect attractive income. With lower future interest expenses likely and a stable outlook, I have taken a small position in SWKH shares, expecting improved earnings ahead. Read the full article on Seeking Alpha
お知らせ • Aug 07SWK Holdings Corporation to Report Q2, 2025 Results on Aug 14, 2025SWK Holdings Corporation announced that they will report Q2, 2025 results After-Market on Aug 14, 2025
お知らせ • May 20SWK Holdings Corporation (NasdaqGM:SWKH) announces an Equity Buyback for $10 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will expire on May 19, 2026.
お知らせ • May 09SWK Holdings Corporation to Report Q1, 2025 Results on May 15, 2025SWK Holdings Corporation announced that they will report Q1, 2025 results After-Market on May 15, 2025
お知らせ • Apr 30SWK Holdings Corporation, Annual General Meeting, Jun 13, 2025SWK Holdings Corporation, Annual General Meeting, Jun 13, 2025.
分析記事 • Apr 16SWK Holdings Corporation's (NASDAQ:SWKH) Shares May Have Run Too Fast Too SoonIt's not a stretch to say that SWK Holdings Corporation's ( NASDAQ:SWKH ) price-to-earnings (or "P/E") ratio of 16.4x...
お知らせ • Apr 11SWK Holdings Corporation Declares Special Cash Dividend of Common Stock, Payable on May 8, 2025On April 10, 2025, SWK Holdings Corporation announced that its Board of Directors has declared a special cash dividend of $4.00 per share, payable to all holders of record of the Company’s common stock as of April 24, 2025, with a payment date of May 8, 2025.
お知らせ • Mar 20Soleus Capital LLC entered into a definitive agreement to acquire Substantially All Remaining Performing Royalty Portfolio of SWK Holdings Corporation (NasdaqGM:SWKH) in a transaction valued at $34 million.Soleus Capital LLC entered into a definitive agreement to acquire Substantially All Remaining Performing Royalty Portfolio of SWK Holdings Corporation (NasdaqGM:SWKH) in a transaction valued at $34 million on March 17, 2025. A cash consideration will be paid by Soleus Capital LLC. The transaction is expected to close in approximately two weeks, subject to the satisfactory of customary conditions to closing.
お知らせ • Mar 13SWK Holdings Corporation to Report Q4, 2024 Results on Mar 19, 2025SWK Holdings Corporation announced that they will report Q4, 2024 results After-Market on Mar 19, 2025
Seeking Alpha • Jan 14SWK Holdings: Baby Bond Yielding 8.8% A Good Choice For Income InvestorsSummary SWK Holdings’ baby bond, trading slightly above par, offers an attractive return for income investors despite a potential short-duration call opportunity. The company’s year-to-date revenue increased by $5 million, but noncash expenses led to a drop in income from operations to $6 million. SWK Holdings’ strong cash generation allowed it to pay off debt, build cash reserves, and buy back shares, mitigating risks from rising nonaccrual loans. Despite sector volatility, SWKH’s stable investment yields and improved cash flow make its baby bonds a compelling investment for debt investors. Read the full article on Seeking Alpha
Seeking Alpha • Sep 19SWK Holdings: Baby Bond Represents Only Debt And 8.9% Coupon YieldSummary SWK Holdings specializes in healthcare financing through term loans and royalty agreements, with baby bonds offering an attractive 8.9% income yield despite trading above call price. The company saw solid revenue growth in the first half of 2024, driven by interest from financing receivables, but faced increased expenses and lower income from operations. SWK's term loans and royalties have declined, with some loans downgraded, and royalty deals impaired, posing risks to future performance and potential growth in nonaccrual balances. Read the full article on Seeking Alpha
お知らせ • Jul 09+ 1 more updateSWK Holdings Corporation Announces the Promotion of Courtney Baker to ControllerSWK Holdings Corporation announced the promotion of Courtney Baker, CPA, to Controller. Baker initially joinedSWK Holdings as Assistant Controller in July 2023. Prior to SWK, she worked for a leading government services contractor in the defense and aerospace industry, specializing in revenue recognition. Her background includes technical accounting, SEC reporting, M&A activity, due diligence, purchase price allocation, and system integration. Prior to that, Baker worked in the financial services industry where she specialized in system upgrades and process improvements. She holds a Bachelor of Science in Business Administration from Tarleton State University where she became a member of the Delta Mu Delta International Business Honor Society and is a Certified Public Accountant (CPA) registered in the state of Texas.
Price Target Changed • May 21Price target decreased by 14% to US$22.00Down from US$25.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of US$17.73. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of US$1.85 for next year compared to US$1.26 last year.
お知らせ • May 21SWK Holdings Corporation (NasdaqGM:SWKH) announces an Equity Buyback for $10 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will expire on May 16, 2025.
New Risk • May 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
お知らせ • Apr 28SWK Holdings Corporation, Annual General Meeting, Jun 14, 2024SWK Holdings Corporation, Annual General Meeting, Jun 14, 2024, at 09:00 Central Standard Time. Agenda: To consider the election of Jerry Albright, Laurie L. Dotter, Robert K. Hatcher and Marcus Pennington, as directors of the Company to serve until 2025 Annual Meeting of Stockholders and until their respective successors have been elected and qualified, or until their earlier resignation, death or removal; to consider the ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider the approval on an advisory basis of the compensation paid to certain executive officers.
Seeking Alpha • Apr 09SWK Holdings Offers Attractive 9% Baby BondSummary SWK Holdings offers a 9% coupon baby bond, which is currently trading close to par, making it a good choice for income investors. Despite a decline in revenues, SWK managed to increase its net profit by $2 million in 2023, with expenses remaining under control. SWK's balance sheet shows stable shareholder equity, and the company is generating a healthy amount of cash to support its interest payments. Read the full article on Seeking Alpha
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
お知らせ • Nov 07SWK Holdings Corporation to Report Q3, 2023 Results on Nov 09, 2023SWK Holdings Corporation announced that they will report Q3, 2023 results on Nov 09, 2023
お知らせ • Aug 10SWK Holdings Corporation to Report Q2, 2023 Results on Aug 09, 2023SWK Holdings Corporation announced that they will report Q2, 2023 results on Aug 09, 2023
お知らせ • May 17SWK Holdings Corporation (NasdaqCM:SWKH) announces an Equity Buyback for $10 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program will expire on May 16, 2024.
Major Estimate Revision • May 17Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.13 to US$1.35. Revenue forecast unchanged at US$36.0m. Net income forecast to grow 29% next year vs 9.8% growth forecast for Diversified Financial industry in the US. Consensus price target of US$24.00 unchanged from last update. Share price was steady at US$17.10 over the past week.
Major Estimate Revision • Apr 05Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$1.20 to US$1.49. Revenue forecast unchanged at US$36.8m. Net income forecast to grow 4.2% next year vs 1.0% growth forecast for Diversified Financial industry in the US. Consensus price target down from US$25.50 to US$24.00. Share price fell 2.8% to US$17.51 over the past week.
Board Change • Apr 02High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Director Marcus Pennington is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 02+ 1 more updateAn unknown buyer acquired all shares in Harrow Health, Inc. from SWK Funding LLC.An unknown buyer acquired all shares in Harrow Health, Inc. from SWK Funding LLC on December 31, 2022. During the fourth quarter SWK sold all its shares in Harrow Health and Bioventus for proceeds totaling $3.8 million.
お知らせ • Jan 04+ 1 more updateSWK Holdings Corporation Names Jody Staggs as Chief Executive OfficerSWK Holdings Corporation announced that Jody Staggs has been named the company's Chief Executive Officer. In September 2022, Mr. Staggs was promoted to the position of President and interim Chief Executive Officer. Effective January 1, 2023, Mr. Staggs holds the titles of President and Chief Executive Officer of SWK Holdings.
Board Change • Nov 17High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Director Marcus Pennington is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 09SWK Holdings Corporation to Report Q3, 2022 Results on Nov 10, 2022SWK Holdings Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 10, 2022
Major Estimate Revision • Oct 13Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from US$34.0m to US$39.0m. EPS estimate increased from US$0.77 to US$0.97 per share. Net income forecast to grow 36% next year vs 12% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 3.5% to US$17.33 over the past week.
Seeking Alpha • Oct 10SWK Holdings unit receives $5M payment from Cara TherapeuticsLife sciences focused specialty finance company SWK Holdings (NASDAQ:SWKH) said its unit Enteris BioPharma received a $5M clinical progression milestone payment from Cara Therapeutics (NASDAQ:CARA). The payment relates to a license agreement for the company's Peptelligence oral formulation technology. Enteris is entitled to retain $2.5M of this payment. Since license inception, the unit has received $33M of payments from Cara. Source: Press Release
お知らせ • Oct 06+ 1 more updateSWK Holdings Corporation Promotes John David Tamas to Director of UnderwritingSWK Holdings Corporation announced that the company has promoted John David (J.D.) Tamas to Director of Underwriting, a newly created position at the company. Mr. Tamas was promoted to Director of Underwriting after joining SWK in February 2022 as aDirector. He was previously Vice President at NXT Capital /ORIX Leveraged Finance, where he focused principally on providing stretch and unitranche credit to privateequity sponsors in the lower- and middle- markets. Prior to that, Mr. Tamas worked for Cotton Creek Capital, a middle-market privateequity firm. He began his career at Wachovia /Wells Fargo Securities within the Leveraged Finance Division. Mr. Tamas earned a BS degree in Finance, with Honors, from the University of Arkansas and an MBA in Finance, with Honors, from the Wharton School of the University of Pennsylvania.
Recent Insider Transactions Derivative • Sep 08CEO & Chairman exercised options and sold US$475k worth of stockOn the 31st of August, Winston Black exercised 125.00k options at around US$13.70, then sold 102k of the shares acquired at an average of US$17.16 per share and kept the remainder. For the year to December 2015, Winston's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2021, Winston has owned 76.66k shares directly. Company insiders have collectively sold US$527k more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Sep 02+ 1 more updateSWK Holdings Corporation Announces Chief Executive Officer ChangesSWK Holdings Corporation announced that Jody Staggs, Managing Director of SWK Holdings, will serve as interim Chief Executive Officer, effective September 30, 2022. Winston Black, Chairman and CEO, will leave his positions at SWK, effective September 30, 2022. Mr. Staggs, 41, was a co-founder of PBS Capital, an investment management firm that focused on pharmaceutical royalties and healthcare equities and was a predecessor to SWK's specialty finance business. He joined SWK Holdings in August 2015 and was promoted to Managing Director in January 2020. Prior to joining SWK, Mr. Staggs was a Vice President of Investments at Annandale Capital as well as being the first employee at Dallas-based hedge fund, Alistair Capital. Mr. Staggs was a Senior Portfolio Analyst at Highland Capital where he worked on the firm's healthcare multi-strategy and public equity groups. Mr. Staggs began his career as an equity research associate at Raymond James, where he covered healthcare companies. He was a Walton Scholar and on the Dean's List at the University of Arkansas where he graduated with a B.A. in Finance. He has earned the right to use the Chartered Financial Analyst designation.
Seeking Alpha • Sep 01SWK Holdings announces leadership transitionSWK Holdings (NASDAQ:SWKH) promotes Managing Director Jody Staggs to the position of President, effective September 1, 2022. He will also serve as interim Chief Executive Officer, effective September 30, 2022. Winston Black, Chairman and CEO, will leave his positions at SWK, effective September 30, 2022. Mr. Staggs joined the company in August 2015 and was promoted to Managing Director in January 2020. Prior to joining the company Mr. Staggs was a Vice President of Investments at Annandale Capital.
Major Estimate Revision • Aug 17Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$41.0m to US$34.0m. EPS estimate fell from US$1.54 to US$0.77 per share. Net income forecast to grow 26% next year vs 11% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price fell 2.0% to US$18.35 over the past week.
お知らせ • Aug 10SWK Holdings Corporation to Report Q2, 2022 Results on Aug 11, 2022SWK Holdings Corporation announced that they will report Q2, 2022 results on Aug 11, 2022
お知らせ • May 20+ 1 more updateSWK Holdings Corporation, Annual General Meeting, Jul 19, 2022SWK Holdings Corporation, Annual General Meeting, Jul 19, 2022.
Major Estimate Revision • May 17Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$45.5m to US$41.0m. EPS estimate also fell from US$1.90 per share to US$1.54 per share. Net income forecast to shrink 24% next year vs 29% decline forecast for Diversified Financial industry in the US. Consensus price target of US$24.50 unchanged from last update. Share price was steady at US$19.30 over the past week.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Chairman Winston Black is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Seeking Alpha • Apr 27Killer R2K Setup In SWKProfiting from the index’s reconstitution. Identifying the cutoff. Identifying surprise new members.
Board Change • Apr 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Chairman Winston Black is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Feb 17SWK Holdings Corporation Announces Board and Committee AppointmentsSWK Holdings Corporation announced the reconstitution of the Company's Board of Directors with three new appointments. Effective February 15, 2021, Wendy DiCicco and Robert K. Hatcher were appointed as independent directors, joining, Laurie Dotter, who was appointed as an independent director on February 9, 2022, and previous Board members, Winston Black, Chairman and CEO of SWK Holdings, and Marcus Pennington. Ms. DiCicco, Ms. Dotter, and Mr. Hatcher will serve on the Board's Audit, Compensation and Governance Committees. Ms. DiCicco currently serves as an executive board advisory consultant for Board Advantage, LLC. Ms. DiCicco is an independent financial and board advisor to companies in the life sciences industry, often serving in the role of interim Chief Financial Officer. Ms. Dotter currently serves as an Advisor at Dottid. Ms. Dotter has served in executive leadership roles in several investment companies that delivered attractive investment returns on commercial real estate operating companies, development and management companies, and portfolios requiring repositioning to enhance value. Mr. Hatcher currently serves as the Chairman of Avalon Advisors. Mr. Hatcher previously served as the President and CEO of Cockrell Interests, Pinto Investment Partners LP and Pinto Trust Company and as Chairman of the Finance Advisory Committee for PTV Healthcare Capital and Pinto America Growth Fund. Prior to Cockrell Interests, Mr. Hatcher founded and served as Managing Director of Citywest Ventures.
お知らせ • Jan 06Carlson Capital, L.P. cancelled the acquisition of remaining 29% stake in SWK Holdings Corporation (NasdaqCM:SWKH).Funds managed by Carlson Capital, L.P. has made non-binding proposal to acquire remaining 29% stake in SWK Holdings Corporation on November 23, 2021. Under the terms of agreement, Carlson is acquiring all of the issued and outstanding shares of common stock of the SWK Holdings not already owned by Carlson for a price of $19 per share, payable in cash. The Company’s Board of Directors (the “Board”) has formed a special committee of non-executive, independent directors (the “Special Committee”). The Special Committee, in consultation with its advisors, will carefully review and consider Carlson’s proposal and pursue the course of action that it believes is in the best interests of the Company’s stockholders. In response to those discussions, on December 27, 2021, Carlson Capital delivered to the members of the Special Committee updated terms of the Proposed Transaction, pursuant to which Carlson Capital has proposed to acquire all issued and outstanding shares of the Issuer not already owned by Carlson Capital for a price of $20.20 per share, payable in cash, subject to the same qualifications as previously communicated and set forth in the November 23 Letter. As of January 5, 2022, the Special Committee concluded that it would not be able to reach an agreement with Carlson Capital with respect to Carlson Capital's latest $20.20 per share proposal based on other economic and non-economic terms and the Special Committee determined that it would dissolve. JMP Securities LLC is serving as financial advisor to the Special Committee and Shearman & Sterling LLP is acting as legal counsel to SWK Holdings Corporation. Carlson Capital, L.P. cancelled the acquisition of remaining 29% stake in SWK Holdings Corporation (NasdaqCM:SWKH) on January 5, 2022.
Recent Insider Transactions Derivative • Jan 05CEO & Chairman exercised options and sold US$571k worth of stockOn the 31st of December, Winston Black exercised 75.00k options at around US$8.30, then sold 50k of the shares acquired at an average of US$19.63 per share and kept the remainder. For the year to December 2020, Winston's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2021, Winston has owned 51.59k shares directly. Company insiders have collectively sold US$367k more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Nov 25Funds managed by Carlson Capital, L.P. has made non-binding proposal to acquire remaining 29% stake in SWK Holdings Corporation.Funds managed by Carlson Capital, L.P. has made non-binding proposal to acquire remaining 29% stake in SWK Holdings Corporation on November 23, 2021. Under the terms of agreement, Carlson is acquiring all of the issued and outstanding shares of common stock of the SWK Holdings not already owned by Carlson for a price of $19 per share, payable in cash. The Company’s Board of Directors (the “Board”) has formed a special committee of non-executive, independent directors (the “Special Committee”). The Special Committee, in consultation with its advisors, will carefully review and consider Carlson’s proposal and pursue the course of action that it believes is in the best interests of the Company’s stockholders. JMP Securities LLC is serving as financial advisor to the Special Committee and Shearman & Sterling LLP is acting as legal counsel to SWK Holdings Corporation.
お知らせ • Jun 28+ 8 more updatesSWK Holdings Corporation(NasdaqCM:SWKH) dropped from Russell 3000E Value IndexSWK Holdings Corporation(NasdaqCM:SWKH) dropped from Russell 3000E Value Index
お知らせ • Jun 25SWK Holdings Corporation (NasdaqCM:SWKH) announces an Equity Buyback for $5 million worth of its shares.SWK Holdings Corporation (NasdaqCM:SWKH) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The program will expire on March 15, 2022.
お知らせ • Jun 24Cannell Capital Provides Information to the ShareholdersOn June 23, 2021, Cannell Capital LLC reserves the right to discuss various views and opinions with respect to the Company and its business plans with the Company or the members of its senior management and the discussion of such views and opinions may extend from ordinary day-to-day business operations to matters such as nominees for representation on the Company’s board of directors, senior management decisions and extraordinary business transactions. Cannell reserves the right to take such action as he may deem necessary from time to time to seek to maximize the value of the shares.
分析記事 • Jun 11Shareholders May Be More Conservative With SWK Holdings Corporation's (NASDAQ:SWKH) CEO Compensation For NowPerformance at SWK Holdings Corporation ( NASDAQ:SWKH ) has been reasonably good and CEO Winston Black has done a...
Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$37.7m to US$39.0m. EPS estimate fell from US$2.05 to US$1.48 per share. Net income forecast to grow 61% next year vs 32% decline forecast for Diversified Financial industry in the US. Consensus price target up from US$25.00 to US$29.50. Share price rose 4.8% to US$16.62 over the past week.
Is New 90 Day High Low • Mar 10New 90-day high: US$15.09The company is up 5.0% from its price of US$14.41 on 09 December 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.18 per share.
分析記事 • Feb 16Update: SWK Holdings (NASDAQ:SWKH) Stock Gained 46% In The Last Five YearsIf you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...
分析記事 • Jan 12Here's What SWK Holdings Corporation's (NASDAQ:SWKH) Shareholder Ownership Structure Looks LikeThe big shareholder groups in SWK Holdings Corporation ( NASDAQ:SWKH ) have power over the company. Generally speaking...
Is New 90 Day High Low • Dec 09New 90-day high: US$15.29The company is up 9.0% from its price of US$14.01 on 09 September 2020. The American market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$6.61 per share.
Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 18% share price gain to US$15.29, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 10x in the Diversified Financial industry in the US. Total returns to shareholders over the past three years are 43%.
分析記事 • Dec 08A Look At SWK Holdings' (NASDAQ:SWKH) CEO RemunerationWinston Black has been the CEO of SWK Holdings Corporation ( NASDAQ:SWKH ) since 2016, and this article will examine...
Valuation Update With 7 Day Price Move • Dec 02Market pulls back on stock over the past weekAfter last week's 15% share price decline to US$12.95, the stock is trading at a trailing P/E ratio of 17.9x, down from the previous P/E ratio of 21.1x. This compares to an average P/E of 10x in the Diversified Financial industry in the US. Total returns to shareholders over the past three years are 21%.
Is New 90 Day High Low • Nov 04New 90-day high: US$15.15The company is up 16% from its price of US$13.04 on 06 August 2020. The American market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Oct 02New 90-day high: US$15.05The company is up 20% from its price of US$12.56 on 02 July 2020. The American market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 19% over the same period.