Wall Street analysts predict that Stellus Capital Investment Corp (NYSE:SCM) will post $0.37 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Stellus Capital Investment’s earnings. Stellus Capital Investment posted earnings per share of $0.28 during the same quarter last year, which indicates a positive year over year growth rate of 32.1%. The business is expected to report its next earnings results on Tuesday, March 5th.

On average, analysts expect that Stellus Capital Investment will report full year earnings of $1.29 per share for the current financial year, with EPS estimates ranging from $1.25 to $1.30. For the next financial year, analysts expect that the company will report earnings of $1.51 per share, with EPS estimates ranging from $1.40 to $1.57. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Stellus Capital Investment.

Stellus Capital Investment (NYSE:SCM) last posted its quarterly earnings results on Wednesday, November 7th. The investment management company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. Stellus Capital Investment had a return on equity of 8.65% and a net margin of 60.59%. The business had revenue of $14.49 million during the quarter, compared to analysts’ expectations of $13.58 million.

A number of equities analysts recently commented on the company. Zacks Investment Research upgraded Stellus Capital Investment from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Saturday. ValuEngine cut Stellus Capital Investment from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $14.00 price objective on shares of Stellus Capital Investment in a report on Thursday, August 9th.

A hedge fund recently bought a new stake in Stellus Capital Investment stock. LPL Financial LLC acquired a new position in shares of Stellus Capital Investment Corp (NYSE:SCM) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,970 shares of the investment management company’s stock, valued at approximately $138,000. LPL Financial LLC owned 0.08% of Stellus Capital Investment as of its most recent SEC filing. Institutional investors and hedge funds own 20.76% of the company’s stock.

Stellus Capital Investment stock traded down $0.02 during midday trading on Friday, reaching $13.08. 40,363 shares of the company’s stock were exchanged, compared to its average volume of 68,197. Stellus Capital Investment has a 52 week low of $11.07 and a 52 week high of $14.10. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.21 and a current ratio of 0.21. The stock has a market capitalization of $208.52 million, a P/E ratio of 10.81 and a beta of 0.68.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be issued a dividend of $0.1133 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date is Friday, December 28th. Stellus Capital Investment’s dividend payout ratio is presently 112.40%.

About Stellus Capital Investment

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 seeks to invest in companies with an EBITDA between $5 million and $50 million.

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Earnings History and Estimates for Stellus Capital Investment (NYSE:SCM)

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