Stellus Capital Investment - SCM Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stellus Capital Investment in the last year. There are currently 3 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 stock has increased by 6.3% and is now trading at $14.09.
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Stellus Capital Investment saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 234,000 shares, an increase of 63.0% from the February 13th total of 143,600 shares. Based on an average daily volume of 95,500 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.3% of the shares of the company are short sold.
View Stellus Capital Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our SCM earnings forecast.

Stellus Capital Investment Co. (NYSE:SCM) released its quarterly earnings data on Thursday, October, 28th. The investment management company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The investment management company earned $17.03 million during the quarter, compared to analysts' expectations of $16.31 million. Stellus Capital Investment had a trailing twelve-month return on equity of 9.63% and a net margin of 19.29%. During the same period in the previous year, the business earned $0.29 EPS.

Stellus Capital Investment announced a monthly dividend on Wednesday, January 11th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.1333 per share on Friday, April 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.35%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for SCM.

Virtus Private Credit Strategy ETF holds 38,381 shares of SCM stock, representing 1.56% of its portfolio.

Stellus Capital Investment (NYSE:SCM) pays an annual dividend of $1.60 per share and currently has a dividend yield of 11.60%. 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 216.22%. 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 95.81% 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 many different retail and institutional investors. Top institutional shareholders include Ares Management LLC (1.77%), Cliffwater LLC (1.34%), Raymond James & Associates (0.94%), Advisors Asset Management Inc. (0.76%), Legal & General Group Plc (0.66%) and Condor Capital Management (0.52%). Insiders that own company stock include Dean D'angelo, J Tim Arnoult 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 $14.09.

Stellus Capital Investment (NYSE:SCM) has a market capitalization of $275.46 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 $0.74 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.