Stellus Capital Investment (NYSE:SCM - Get Free Report) posted its earnings results on Monday. The investment management company reported $0.37 earnings per share for the quarter, hitting analysts' consensus estimates of $0.37, Zacks reports. Stellus Capital Investment had a net margin of 45.39% and a return on equity of 13.49%. The business had revenue of $24.95 million for the quarter, compared to analyst estimates of $26.76 million.
Stellus Capital Investment Stock Performance
Shares of SCM stock traded up $0.09 during mid-day trading on Thursday, reaching $13.32. 136,124 shares of the company's stock traded hands, compared to its average volume of 166,454. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a 50 day moving average price of $13.25 and a two-hundred day moving average price of $13.87. The firm has a market capitalization of $378.50 million, a PE ratio of 6.81 and a beta of 0.86. Stellus Capital Investment has a 12 month low of $11.19 and a 12 month high of $15.56.
Stellus Capital Investment Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a dividend yield of 12.01%. The ex-dividend date of this dividend is Monday, June 30th. Stellus Capital Investment's payout ratio is currently 88.89%.
Analyst Ratings Changes
Several brokerages have recently commented on SCM. StockNews.com lowered Stellus Capital Investment from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. Keefe, Bruyette & Woods lowered their price objective on Stellus Capital Investment from $13.50 to $13.00 and set a "market perform" rating for the company in a research report on Tuesday, April 8th.
View Our Latest Analysis on Stellus Capital Investment
About Stellus Capital Investment
(
Get Free Report)
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.
See Also
Before you consider Stellus Capital Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stellus Capital Investment wasn't on the list.
While Stellus Capital Investment currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
