Analysts expect Stellus Capital Investment Corp (NYSE:SCM) to announce earnings of $0.37 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Stellus Capital Investment’s earnings. Stellus Capital Investment posted earnings of $0.28 per share in the same quarter last year, which would suggest a positive year over year growth rate of 32.1%. The firm is expected to report its next earnings report on Tuesday, March 5th.
On average, analysts expect that Stellus Capital Investment will report full-year earnings of $1.29 per share for the current financial year, with EPS estimates ranging from $1.28 to $1.30. For the next financial year, analysts expect that the firm will post earnings of $1.51 per share, with EPS estimates ranging from $1.40 to $1.57. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Stellus Capital Investment.
Stellus Capital Investment (NYSE:SCM) last announced its quarterly earnings data on Wednesday, November 7th. The investment management company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The company had revenue of $14.49 million during the quarter, compared to the consensus estimate of $13.58 million. Stellus Capital Investment had a net margin of 60.59% and a return on equity of 8.59%.
In related news, insider Robert T. Ladd acquired 6,500 shares of Stellus Capital Investment stock in a transaction dated Monday, November 12th. The stock was bought at an average price of $12.87 per share, with a total value of $83,655.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 5.40% of the company’s stock.
An institutional investor recently bought a new position in Stellus Capital Investment stock. Freestone Capital Holdings LLC bought a new position in Stellus Capital Investment Corp (NYSE:SCM) during the third quarter, according to its most recent filing with the SEC. The firm bought 316,044 shares of the investment management company’s stock, valued at approximately $4,311,000. Freestone Capital Holdings LLC owned approximately 1.98% of Stellus Capital Investment as of its most recent SEC filing. Institutional investors and hedge funds own 22.63% of the company’s stock.
Shares of SCM stock opened at $13.41 on Monday. The company has a market cap of $217.13 million, a PE ratio of 11.08 and a beta of 0.69. Stellus Capital Investment has a 52 week low of $11.07 and a 52 week high of $14.10. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.40 and a quick ratio of 0.40.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be given a dividend of $0.1133 per share. This represents a $1.36 annualized dividend and a dividend yield of 10.14%. The ex-dividend date is Friday, December 28th. Stellus Capital Investment’s dividend payout ratio (DPR) is 112.40%.
Stellus Capital Investment Company Profile
Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.
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