Equities analysts expect Stellus Capital Investment Corp (NYSE:SCM) to post $0.35 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Stellus Capital Investment’s earnings, with the lowest EPS estimate coming in at $0.34 and the highest estimate coming in at $0.36. Stellus Capital Investment posted earnings of $0.28 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 25%. The business is expected to announce its next quarterly earnings results before the market opens on Friday, May 10th.
According to Zacks, analysts expect that Stellus Capital Investment will report full-year earnings of $1.42 per share for the current year, with EPS estimates ranging from $1.37 to $1.52. For the next year, analysts expect that the firm will post earnings of $1.44 per share, with EPS estimates ranging from $1.36 to $1.59. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Stellus Capital Investment.
Stellus Capital Investment (NYSE:SCM) last posted its quarterly earnings data on Wednesday, March 6th. The investment management company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.37 by $0.12. The firm had revenue of $15.25 million during the quarter, compared to analyst estimates of $14.02 million. Stellus Capital Investment had a net margin of 49.18% and a return on equity of 10.02%.
Shares of NYSE SCM traded down $0.09 during trading hours on Friday, hitting $14.28. 64,945 shares of the stock were exchanged, compared to its average volume of 123,774. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.86. The firm has a market cap of $227.82 million, a PE ratio of 10.06 and a beta of 0.77. Stellus Capital Investment has a 12 month low of $11.65 and a 12 month high of $15.30.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a $0.1133 dividend. This represents a $1.36 annualized dividend and a dividend yield of 9.52%. The ex-dividend date is Friday, April 26th. Stellus Capital Investment’s dividend payout ratio (DPR) is currently 95.77%.
Several hedge funds have recently added to or reduced their stakes in SCM. Sumitomo Mitsui Asset Management Company LTD purchased a new stake in shares of Stellus Capital Investment in the 4th quarter valued at $423,000. Janney Montgomery Scott LLC purchased a new stake in shares of Stellus Capital Investment in the 4th quarter valued at $148,000. Raymond James & Associates boosted its holdings in shares of Stellus Capital Investment by 22.4% in the 4th quarter. Raymond James & Associates now owns 96,878 shares of the investment management company’s stock valued at $1,255,000 after acquiring an additional 17,726 shares during the last quarter. Finally, Two Sigma Investments LP boosted its holdings in shares of Stellus Capital Investment by 27.7% in the 4th quarter. Two Sigma Investments LP now owns 26,334 shares of the investment management company’s stock valued at $341,000 after acquiring an additional 5,708 shares during the last quarter. 19.05% of the stock is currently owned by institutional investors and hedge funds.
About Stellus Capital Investment
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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