Stellus Capital Investment (SCM) to Release Quarterly Earnings on Thursday

Stellus Capital Investment (NYSE:SCM) will post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Stellus Capital Investment to post earnings of $0.45 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Stellus Capital Investment (NYSE:SCM) last issued its quarterly earnings results on Tuesday, March 5th. The investment management company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The business had revenue of $28.02 million during the quarter, compared to analysts’ expectations of $27.20 million. Stellus Capital Investment had a net margin of 16.56% and a return on equity of 14.01%. During the same period in the prior year, the company posted $0.44 EPS. On average, analysts expect Stellus Capital Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Stellus Capital Investment Price Performance

Shares of Stellus Capital Investment stock remained flat at $14.09 on Tuesday. The stock had a trading volume of 36,259 shares, compared to its average volume of 113,918. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 1.31. The business’s 50-day simple moving average is $13.35 and its 200-day simple moving average is $13.05. The firm has a market capitalization of $339.99 million, a PE ratio of 18.06 and a beta of 1.14. Stellus Capital Investment has a 12 month low of $12.19 and a 12 month high of $15.40.

Stellus Capital Investment Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a $0.1333 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.35%. Stellus Capital Investment’s dividend payout ratio (DPR) is presently 205.13%.

Analyst Ratings Changes

Several brokerages have recently commented on SCM. StockNews.com upgraded Stellus Capital Investment from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. B. Riley reaffirmed a “sell” rating and issued a $12.50 price target (down from $13.00) on shares of Stellus Capital Investment in a report on Wednesday, March 6th. Finally, Oppenheimer reiterated a “market perform” rating and set a $14.00 price target on shares of Stellus Capital Investment in a research report on Wednesday, March 6th.

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 prefers to invest in US and Canada.