RAND Rand Capital Corporation - Closed End Fund

NASDAQ · Financial Services · View on SEC EDGAR ↗
$10.29
Price · Aug 19, 2026
Fundamentals as of Aug 5, 2026

RAND Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$10.29
Market Cap
$31M
P/E (TTM)
-3.8
EPS (TTM)
$-2.73
Revenue (TTM)
Div Yield
23.8%
ROE
-14.8%
Debt/Equity
52W Range
$10 – $17

RAND Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income
EPS $-2.73
5-point trend, -144.6%
2021-12-31 2025-12-31
Free Cash Flow
Margins

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
RAND
Peer Median
P/E (TTM)
5-point trend, -249.9%
-3.8
22.9
P/B
3-point trend, +17.3%
0.6
0.7

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
RAND
Peer Median
ROA
3-point trend, -241.7%
-12.8%
1.9%
ROE
3-point trend, -238.3%
-14.8%
4.9%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
RAND
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
RAND
Peer Median
EPS YoY
5-point trend, -144.6%
35.2%
Net Income YoY
5-point trend, -150.9%
35.2%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
RAND
Peer Median
EPS (Diluted)
5-point trend, -144.6%
$-2.73

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
RAND
Peer Median
Payout Ratio
3-point trend, -272.1%
-90.5%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
23.8%
Payout Ratio
-90.5%
5Y Div CAGR
Ex-dateAmount
May 27, 2026$0.2900
March 11, 2026$0.2900
Dec. 16, 2025$0.8500
Aug. 29, 2025$0.2900
May 30, 2025$0.2900
March 14, 2025$0.2900
Dec. 16, 2024$4.2000
Aug. 30, 2024$0.2900
May 31, 2024$0.2900
March 12, 2024$0.2500
Dec. 15, 2023$0.6300
Aug. 30, 2023$0.2500
May 30, 2023$0.2500
March 10, 2023$0.2000
Dec. 16, 2022$0.3800
Aug. 31, 2022$0.1500
May 31, 2022$0.1500
March 11, 2022$0.1500
Dec. 17, 2021$0.1400
Sept. 1, 2021$0.1000

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Period EPS Actual EPS Est Surprise
June 30, 2026 $0.24
March 31, 2026 $0.18
June 30, 2025 $0.33
March 31, 2025 $0.40
Dec. 31, 2024 $0.45
Sept. 30, 2024 $0.46

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
RAND $34M -4.2 -14.8%
GROW -86.7 -23.1%
BENF
HGBL $43M 12.4 12.4% 7.0% 5.4%
BCG
AVAT
BLK $165.98B 30.3 18.7% 22.9% 10.7%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 10
Annual Income Statement data for RAND
Metric Trend 20252024202320222021
Operating Expenses 5-point trend, -82.2% $1M $5M $4M $1M $7M
Interest Income 5-point trend, +88.5% $6M $8M $6M $4M $3M
Pretax Income 2-point trend, -4.6% · · $4M $4M ·
Income Tax 3-point trend, +1663.1% · · $192.1K $215.5K $10.9K
Net Income 5-point trend, -150.9% $-8M $9M $7M $-881.8K $16M
EPS (Basic) 5-point trend, -144.6% $-2.73 $3.42 $2.53 $-0.34 $6.12
EPS (Diluted) 5-point trend, -144.6% $-2.73 $3.42 $2.53 $-0.34 $6.12
Shares (Basic) 5-point trend, +14.1% 2,945,315 2,581,021 2,581,021 2,581,021 2,581,707
Shares (Diluted) 5-point trend, +14.1% 2,945,315 2,581,021 2,581,021 2,581,021 2,581,707
EBITDA Flat — no change across 3 periods $25.0K $25.0K $25.0K · ·
Balance Sheet 9
Annual Balance Sheet data for RAND
Metric Trend 20252024202320222021
Cash & Equivalents 4-point trend, +207.4% $4M $834.8K $3M $1M ·
Total Assets 4-point trend, -16.2% $53M $72M $81M $63M ·
Total Liabilities 4-point trend, -82.4% $1M $7M $20M $6M ·
Common Stock 4-point trend, +14.7% $303.8K $264.9K $264.9K $264.9K ·
Retained Earnings 4-point trend, -240.5% $-11M $3M $6M $8M ·
Treasury Stock Flat — no change across 4 periods $2M $2M $2M $2M ·
Stockholders' Equity 5-point trend, -14.1% $52M $65M $61M $58M $61M
Liabilities + Equity 4-point trend, -16.2% $53M $72M $81M $63M ·
Shares Outstanding 4-point trend, +15.1% 2,969,814 2,581,021 2,581,021 2,581,021 ·
Cash Flow 9
Annual Cash Flow data for RAND
Metric Trend 20252024202320222021
D&A 5-point trend, -85.7% $25.0K $25.0K $25.0K $12.5K $175.4K
Deferred Tax 5-point trend, +100.7% $2.2K $37.0K $-11.0K $152.8K $-302.1K
Other Non-cash 3-point trend, +229.4% $19M $6M $-15M · ·
Operating Cash Flow 5-point trend, +385.5% $11M $15M $-8M $252.4K $-4M
Stock Repurchased · · · · $20.8K
Dividends Paid 5-point trend, +59.2% $7M $2M $3M $2M $5M
Financing Cash Flow 5-point trend, +49.5% $-8M $-18M $10M $282.8K $-16M
Net Change in Cash 5-point trend, +117.3% $3M $-2M $2M $535.1K $-20M
Taxes Paid 5-point trend, +97.6% $-3.1K $121.4K $645.2K $-5.2K $-131.9K
Profitability 2
Annual Profitability data for RAND
Metric Trend 20252024202320222021
ROA 3-point trend, -241.7% -12.8% 11.5% 9.0% · ·
ROE 3-point trend, -238.3% -14.8% 13.0% 10.7% · ·
Per Share 4
Annual Per Share data for RAND
Metric Trend 20252024202320222021
Book Value / Share 3-point trend, -25.4% $17.57 $25.31 $23.56 · ·
Cash Flow / Share 3-point trend, +218.2% $3.82 $5.94 $-3.23 · ·
Cash / Share 3-point trend, +11.0% $1.42 $0.32 $1.28 · ·
EPS (TTM) 5-point trend, -144.6% $-2.73 $3.42 $2.53 $-0.34 $6.12
Growth Rates 4
Annual Growth Rates data for RAND
Metric Trend 20252024202320222021
EPS YoY · 35.2% · · ·
EPS CAGR 3Y · -17.6% · · ·
Net Income YoY · 35.2% · · ·
Net Income CAGR 3Y · -17.6% · · ·
Valuation (TTM) 10
Annual Valuation (TTM) data for RAND
Metric Trend 20252024202320222021
Net Income TTM 5-point trend, -150.9% $-8M $9M $7M $-881.8K $16M
Market Cap 3-point trend, +0.6% $34M $50M $34M · ·
P/E 5-point trend, -249.9% -4.2 5.6 5.1 -39.2 2.8
P/B 3-point trend, +17.3% 0.6 0.8 0.6 · ·
P / Tangible Book 3-point trend, +17.3% 0.6 0.8 0.6 · ·
P / Cash Flow 3-point trend, +174.6% 3.0 3.2 -4.0 · ·
Dividend Yield 3-point trend, +110.6% 21.6% 4.3% 10.2% · ·
Earnings Yield 5-point trend, -166.7% -24.0% 17.8% 19.5% -2.5% 36.0%
Payout Ratio 3-point trend, -272.1% -90.5% 24.3% 52.6% · ·
Annual Payout 5-point trend, +59.2% $7M $2M $3M $2M $5M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $-8M$9M$7M$-881.8K$16M
Diluted EPS $-2.73$3.42$2.53$-0.34$6.12

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Institutional owners (13F) 7 filers · $480K total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
2 (+1 vs prior Q) 1 (-3 vs prior Q) 2 (+2 vs prior Q) 0 (-2 vs prior Q) +17K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
COURIER CAPITAL LLC $156,896 15,382 32.66% Shares
SHUFRO ROSE & CO LLC $142,800 14,000 29.73% Shares
WNY Asset Management, LLC $135,150 13,250 28.14% Shares
OSAIC HOLDINGS, INC. $22,817 2,237 4.75% Shares
UBS Group AG $22,644 2,220 4.71% Shares
MORGAN STANLEY $18 1 0.00% Shares
WELLS FARGO & COMPANY/MN $7 1 0.00% Shares

Company insiders 9 insiders · 2 officers · 6 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Allen F Grum CEO Dec. 13, 2016 P 173,642 0 0 $0
PENBERTHY DANIEL P EVP and CFO Dec. 13, 2016 P 84,467 0 0 $0
Reginald B Newman II Director March 27, 2018 P 172,730 0 0 $0
Robert M Zak Director June 15, 2017 P 85,000 0 0 $0
Erland E Kailbourne Director Jan. 18, 2017 P 40,000 0 0 $0
Ross B Kenzie Director Dec. 13, 2016 P 113,000 0 0 $0
Jayne K Rand Director April 11, 2011 S 115,433 0 0 $0
COLMAC HOLDINGS LTD 10% owner Dec. 13, 2016 S 0 0 0 $0
Willis S Mcleese Aug. 12, 2009 P 810,000 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 4 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
User-Friendly Phone Book, LLC, User-Friendly Holding, LLC ×7 filings May 29, 2020 Initial filing SEC
East Asset Management, LLC ( Nov. 15, 2019 Initial filing Board campaign SEC
JAM Capital Partners Management, LLC ×5 filings July 28, 2017 Initial filing SEC
Colmac Holdings Limited ×2 filings Dec. 14, 2016 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 20 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EWN · iShares, Inc. 0.93% 152,954 SH Aug. 8, 2026 Daily
IEUS · iShares Trust 0.27% 11,535 SH Aug. 8, 2026 Daily
SCZ · iShares Trust 0.12% 371,362 SH Aug. 8, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.07% 42,619 SH Aug. 8, 2026 Daily
INTF · iShares Trust 0.05% 42,239 SH Aug. 8, 2026 Daily
EXI · iShares Trust 0.05% 15,897 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.04% 6,232 SH Aug. 8, 2026 Daily
IEV · iShares Trust 0.04% 13,632 SH Aug. 8, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.03% 7,740 SH Aug. 8, 2026 Daily
IEUR · iShares Trust 0.03% 61,845 SH Aug. 8, 2026 Daily
VGK · VANGUARD INTERNATIONAL EQUITY INDEX… 0.02% 261,724 SH Aug. 8, 2026 Daily
VYMI · VANGUARD WHITEHALL FUNDS 0.02% 131,119 SH Aug. 8, 2026 Daily
IEFA · iShares Trust 0.02% 787,769 SH Aug. 8, 2026 Daily
IDEV · iShares Trust 0.01% 104,732 SH Aug. 8, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.01% 1,579,112 SH Aug. 8, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 250,114 SH Aug. 8, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.01% 1,059,177 SH Aug. 8, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.01% 22,771 SH Aug. 8, 2026 Daily
IXUS · iShares Trust 0.01% 124,972 SH Aug. 8, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 82,597 SH Aug. 8, 2026 Daily