SURO Capital (SSSS) Expected to Announce Earnings on Wednesday

SURO Capital (NASDAQ:SSSS - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $0.50 million for the quarter.

SURO Capital (NASDAQ:SSSS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.02). The business had revenue of $0.50 million during the quarter, compared to analyst estimates of $1.23 million. SURO Capital had a negative net margin of 462.84% and a negative return on equity of 6.61%.

SURO Capital Stock Down 2.4%

Shares of SSSS stock traded down $0.20 during trading on Wednesday, reaching $8.20. The company's stock had a trading volume of 210,719 shares, compared to its average volume of 181,884. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.23 and a quick ratio of 11.23. The company has a market capitalization of $195.90 million, a price-to-earnings ratio of -4.34 and a beta of 1.80. The stock's 50-day moving average price is $7.72 and its 200 day moving average price is $6.26. SURO Capital has a 1-year low of $3.52 and a 1-year high of $9.12.

SURO Capital Cuts Dividend

The business also recently disclosed a -- dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, July 21st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, July 21st. SURO Capital's dividend payout ratio is presently -52.91%.

Insider Buying and Selling at SURO Capital

In related news, CEO Mark D. Klein purchased 16,500 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was acquired at an average price of $5.26 per share, with a total value of $86,790.00. Following the completion of the transaction, the chief executive officer owned 1,216,019 shares of the company's stock, valued at $6,396,259.94. This represents a 1.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 6.69% of the company's stock.

Hedge Funds Weigh In On SURO Capital

Hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC boosted its holdings in shares of SURO Capital by 46.1% during the first quarter. Acadian Asset Management LLC now owns 142,937 shares of the company's stock valued at $708,000 after acquiring an additional 45,085 shares during the period. Invesco Ltd. bought a new stake in shares of SURO Capital during the first quarter valued at about $62,000. Finally, Jane Street Group LLC raised its position in SURO Capital by 58.5% in the first quarter. Jane Street Group LLC now owns 18,153 shares of the company's stock worth $90,000 after acquiring an additional 6,701 shares in the last quarter. Institutional investors and hedge funds own 12.95% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on SSSS. Citigroup reiterated an "outperform" rating on shares of SURO Capital in a research report on Wednesday, July 16th. BTIG Research set a $10.00 price target on shares of SURO Capital and gave the company a "buy" rating in a research report on Tuesday, July 1st. Barrington Research upped their price objective on shares of SURO Capital from $9.00 to $10.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. Wall Street Zen upgraded shares of SURO Capital from a "sell" rating to a "hold" rating in a research report on Saturday, May 31st. Finally, JMP Securities set a $10.00 price objective on shares of SURO Capital and gave the stock a "market outperform" rating in a research report on Wednesday, July 16th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.00.

SURO Capital Company Profile

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