Stellus Capital Investment (SCM) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stellus Capital Investment in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SCM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCM, but not buy additional shares or sell existing shares.
View SCM analyst ratings or view top-rated stocks.

Stellus Capital Investment's stock was trading at $13.26 on January 1st, 2023. Since then, SCM shares have increased by 4.5% and is now trading at $13.86.
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Stellus Capital Investment saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 235,400 shares, an increase of 63.0% from the April 30th total of 144,400 shares. Based on an average daily volume of 127,900 shares, the short-interest ratio is currently 1.8 days.
View Stellus Capital Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our SCM earnings forecast.

Stellus Capital Investment Co. (NYSE:SCM) issued its quarterly earnings results on Thursday, October, 28th. The investment management company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. The investment management company earned $17.03 million during the quarter, compared to the consensus estimate of $16.31 million. Stellus Capital Investment had a net margin of 16.74% and a trailing twelve-month return on equity of 10.79%. During the same period in the prior year, the firm posted $0.29 earnings per share.

Stellus Capital Investment announced a monthly dividend on Monday, April 24th. Investors of record on Friday, June 30th will be paid a dividend of $0.1333 per share on Friday, July 14th. This represents a $1.60 annualized dividend and a dividend yield of 11.54%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for SCM.

Virtus Private Credit Strategy ETF holds 21,040 shares of SCM stock, representing 1.48% of its portfolio.

Stellus Capital Investment (NYSE:SCM) pays an annual dividend of $1.60 per share and currently has a dividend yield of 11.46%. SCM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 225.36%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SCM will have a dividend payout ratio of 90.91% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SCM.

Based on aggregate information from My MarketBeat watchlists, some companies that other Stellus Capital Investment investors own include AT&T (T), Ares Capital (ARCC), Energy Transfer (ET), Hercules Capital (HTGC), Main Street Capital (MAIN), New Residential Investment (NRZ), Annaly Capital Management (NLY), Prospect Capital (PSEC), NewtekOne (NEWT) and Oxford Lane Capital (OXLC).

Stellus Capital Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SCM."

Stellus Capital Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cliffwater LLC (1.28%), Raymond James & Associates (0.96%), Advisors Asset Management Inc. (0.76%), Two Sigma Advisers LP (0.68%), Two Sigma Investments LP (0.68%) and Condor Capital Management (0.55%). Insiders that own company stock include Dean D'angelo and Robert T Ladd.
View institutional ownership trends.

Shares of SCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SCM stock can currently be purchased for approximately $13.86.

Stellus Capital Investment (NYSE:SCM) has a market capitalization of $288.84 million and generates $75.11 million in revenue each year. The investment management company earns $14.49 million in net income (profit) each year or $0.71 on an earnings per share basis.

Stellus Capital Investment's mailing address is 4400 POST OAK PARKWAY SUITE 2200, HOUSTON TX, 77027. The official website for the company is www.stelluscapital.com. The investment management company can be reached via phone at (713) 292-5400.