Stellus Capital Investment Co. (NYSE:SCM - Free Report) - Stock analysts at B. Riley increased their Q4 2024 earnings estimates for Stellus Capital Investment in a research report issued on Monday, November 11th. B. Riley analyst B. Rowe now forecasts that the investment management company will post earnings per share of $0.45 for the quarter, up from their previous forecast of $0.43. The consensus estimate for Stellus Capital Investment's current full-year earnings is $1.79 per share. B. Riley also issued estimates for Stellus Capital Investment's Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $1.49 EPS.
Stellus Capital Investment Trading Up 0.2 %
Shares of NYSE:SCM traded up $0.03 during trading on Wednesday, reaching $13.76. 178,750 shares of the stock were exchanged, compared to its average volume of 140,021. The firm has a market cap of $372.32 million, a price-to-earnings ratio of 7.03 and a beta of 1.15. Stellus Capital Investment has a 12-month low of $12.48 and a 12-month high of $14.68. The firm's 50-day moving average price is $13.85 and its 200 day moving average price is $13.90. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.26 and a current ratio of 0.29.
Stellus Capital Investment Announces Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be paid a dividend of $0.1333 per share. This represents a yield of 11.3%. The ex-dividend date of this dividend is Thursday, October 31st. Stellus Capital Investment's dividend payout ratio (DPR) is presently 81.63%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Condor Capital Management lifted its holdings in shares of Stellus Capital Investment by 13.1% during the 1st quarter. Condor Capital Management now owns 183,093 shares of the investment management company's stock valued at $2,395,000 after buying an additional 21,221 shares during the last quarter. Cliffwater LLC boosted its stake in Stellus Capital Investment by 2.9% in the first quarter. Cliffwater LLC now owns 99,960 shares of the investment management company's stock worth $1,295,000 after purchasing an additional 2,771 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in shares of Stellus Capital Investment by 4.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 20,395 shares of the investment management company's stock valued at $267,000 after acquiring an additional 827 shares during the period. Virtu Financial LLC acquired a new position in shares of Stellus Capital Investment during the first quarter valued at $143,000. Finally, Raymond James & Associates increased its holdings in Stellus Capital Investment by 2.7% in the second quarter. Raymond James & Associates now owns 223,516 shares of the investment management company's stock valued at $3,069,000 after purchasing an additional 5,842 shares during the last quarter. 13.22% of the stock is owned by institutional investors and hedge funds.
About Stellus Capital Investment
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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.
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