Stellus Capital Investment Corp (NYSE:SCM) – Stock analysts at Oppenheimer upped their FY2018 earnings per share estimates for shares of Stellus Capital Investment in a research note issued on Wednesday, November 7th. Oppenheimer analyst C. Kotowski now forecasts that the investment management company will post earnings of $1.29 per share for the year, up from their previous estimate of $1.28. Oppenheimer also issued estimates for Stellus Capital Investment’s Q4 2018 earnings at $0.37 EPS, Q1 2019 earnings at $0.36 EPS, Q2 2019 earnings at $0.38 EPS, Q3 2019 earnings at $0.39 EPS, Q4 2019 earnings at $0.39 EPS and FY2019 earnings at $1.53 EPS.

A number of other equities analysts also recently issued reports on the stock. ValuEngine upgraded shares of Stellus Capital Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, September 4th. Zacks Investment Research upgraded shares of Stellus Capital Investment from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a research note on Saturday, August 11th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $14.00 target price on shares of Stellus Capital Investment in a research note on Thursday, August 9th.

NYSE SCM opened at $13.08 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.21 and a current ratio of 0.21. Stellus Capital Investment has a 52-week low of $11.07 and a 52-week high of $14.10. The company has a market cap of $208.52 million, a PE ratio of 10.81 and a beta of 0.68.

Stellus Capital Investment (NYSE:SCM) last released its quarterly earnings data on Wednesday, November 7th. The investment management company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. Stellus Capital Investment had a net margin of 60.59% and a return on equity of 8.65%. The firm had revenue of $14.49 million for the quarter, compared to the consensus estimate of $13.58 million.

A hedge fund recently bought a new stake in Stellus Capital Investment stock. LPL Financial LLC bought a new stake in Stellus Capital Investment Corp (NYSE:SCM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 11,970 shares of the investment management company’s stock, valued at approximately $138,000. LPL Financial LLC owned approximately 0.08% of Stellus Capital Investment as of its most recent SEC filing. 20.76% of the stock is currently owned by institutional investors.

The company also recently announced a monthly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be paid a $0.1133 dividend. The ex-dividend date is Friday, December 28th. This represents a $1.36 annualized dividend and a yield of 10.39%. Stellus Capital Investment’s dividend payout ratio (DPR) is 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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