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SSSS

SuRo Capital Corp.

https://www.surocap.com

Industry

Asset Management

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.

Open

4.90

Mkt cap

116M

Volume

562K

High

5.04

P/E Ratio

-2.58

52-wk high

5.44

Low

4.89

Div yield

N/A

52-wk low

3.32

JMP Securities analyst Devin Ryan has maintained a Market Outperform rating on SuRo Capital (NASDAQ:SSSS) and increased the price target from $5.5 to $6.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 10:27 am

Barrington Research analyst Alexander Paris has maintained an Outperform rating on SuRo Capital (NASDAQ:SSSS) with a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:40 pm

SuRo Capital (NASDAQ:SSSS) reported Q4 earnings, beating estimated earnings by 21.0% with an EPS of $-0.11 versus an estimate of $-0.14. Revenue increased by $997 thousand from the same period last year. Despite beating EPS estimates last quarter, the share price dropped by 1.0% the following day.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:35 pm

SuRo Capital (NASDAQ:SSSS) reported Q4 2023 GAAP EPS of $(0.11), surpassing the $(0.14) estimate, with sales rising 68.15% YoY to $2.460M from $1.463M.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:32 pm

Numerous companies are scheduled to report their earnings on March 13, 2024, covering a wide range of industries from biotech to retail. Notable mentions include Dollar Tree with expected earnings of $2.65 per share on $8.67 billion revenue, and Lennar with an estimate of $2.20 per share on $7.39 billion revenue. Several companies are anticipated to report losses, such as ZIM Integrated Shipping with a projected loss of $1.29 per share.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 10:15 am

Liquid Death, a rapidly growing beverage company, announced a new funding round of $67 million, reaching a valuation of $1.4 billion. The company, known for its canned water, flavored sparkling water, and iced tea, has attracted new investors including SuRo Capital (NASDAQ:SSSS) and Live Nation Entertainment (NYSE:LYV), along with celebrity investors like Josh Brolin and DeAndre Hopkins. The funding will support product innovation and operational scaling. Liquid Death reported $263 million in retail sales in 2023 and has expanded to 113,000 retail locations in the US and UK.

Portfolio Pulse from Chris Katje

March 12, 2024 | 8:27 pm

SuRo Capital (NASDAQ:SSSS) is expected to report a Q4 earnings per share (EPS) of $-0.14 on March 13, 2024. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Shares have been trading at $4.35 as of March 11, with a 52-week increase of 44.85%.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 5:01 pm

SuRo Capital Corp. (SSSS) announced a modified Dutch Auction tender offer to repurchase up to 2 million shares of its common stock, with a price range of $4.00 to $5.00 per share, using available cash. The offer starts on February 20, 2024, and ends on April 1, 2024. This move is aimed at enhancing shareholder value, as the company believes its stock is currently undervalued.

Portfolio Pulse from Happy Mohamed

February 14, 2024 | 9:31 pm

Trading for SSSS was halted but has now resumed as of 4:30 PM ET, following an update on quotation resumption times.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:30 pm

Trading for SSSS was halted at 4:01:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:01 pm

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