Stellus Capital Investment (NYSE:SCM) will release its earnings data before the market opens on Wednesday, November 7th. Analysts expect Stellus Capital Investment to post earnings of $0.34 per share for the quarter.
Stellus Capital Investment (NYSE:SCM) last posted its quarterly earnings data on Wednesday, August 8th. The investment management company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $12.62 million during the quarter, compared to analyst estimates of $12.21 million. Stellus Capital Investment had a return on equity of 8.16% and a net margin of 59.39%. On average, analysts expect Stellus Capital Investment to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
SCM stock opened at $12.43 on Tuesday. The stock has a market capitalization of $196.55 million, a P/E ratio of 10.27 and a beta of 0.68. Stellus Capital Investment has a fifty-two week low of $11.07 and a fifty-two week high of $14.12. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.21 and a quick ratio of 0.21.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 15th. Investors of record on Monday, December 31st will be issued a $0.1133 dividend. This represents a $1.36 annualized dividend and a yield of 10.94%. The ex-dividend date of this dividend is Friday, December 28th. Stellus Capital Investment’s payout ratio is currently 112.40%.
Several research firms recently weighed in on SCM. ValuEngine downgraded shares of Stellus Capital Investment from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. Zacks Investment Research downgraded shares of Stellus Capital Investment from a “buy” rating to a “hold” rating in a report on Wednesday, October 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $14.00 price objective on shares of Stellus Capital Investment in a report on Thursday, August 9th. Finally, TheStreet downgraded shares of Stellus Capital Investment from a “b” rating to a “c+” rating in a report on Wednesday, July 11th.
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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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