Streetbeat News

SCM

Stellus Capital Investment Corporation

https://www.stelluscapital.com/public-investors/investment-corp/

Industry

Asset Management

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. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.

Open

13.91

Mkt cap

376M

Volume

232K

High

13.92

P/E Ratio

6.95

52-wk high

14.68

Low

13.83

Div yield

0.11

52-wk low

12.48

Stellus Capital Investment's dividend pay-out ratio has reached 100% in Q3, raising concerns about dividend sustainability. The increase in non-accruals and realized losses has led to a downgrade from 'Buy' to 'Hold'.

Portfolio Pulse from

December 03, 2024 | 4:30 am

Stellus Capital (SCM) reported Q3 earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.46. This is a decrease from $0.49 per share a year ago.

Portfolio Pulse from

November 08, 2024 | 2:00 am

Stellus Capital Investment Corporation reported its financial results for the third fiscal quarter ended September 30, 2024. The company achieved a U.S. GAAP net investment income of $0.39 per share and a core net investment income of $0.40 per share, covering the declared dividend of $0.40 per share.

Portfolio Pulse from

November 07, 2024 | 11:30 pm

Stellus Capital Investment (NYSE: SCM) reported Q2 2024 adjusted EPS of $0.50, beating the analyst estimate of $0.45. However, sales of $26.626 million missed the $27.006 million estimate.