Somewhat Positive Press Coverage Somewhat Unlikely to Impact Stellus Capital Investment (SCM) Stock Price
News articles about Stellus Capital Investment (NYSE:SCM) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stellus Capital Investment earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 47.5761558381598 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities analysts have recently issued reports on SCM shares. ValuEngine downgraded shares of Stellus Capital Investment from a “strong-buy” rating to a “buy” rating in a report on Friday, November 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $14.00 price target on shares of Stellus Capital Investment in a research note on Friday, November 10th. Ladenburg Thalmann Financial Services began coverage on shares of Stellus Capital Investment in a report on Monday, September 25th. They issued a “buy” rating and a $14.50 price target on the stock. Finally, Zacks Investment Research upgraded shares of Stellus Capital Investment from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Stellus Capital Investment presently has an average rating of “Buy” and a consensus price target of $14.50.
Stellus Capital Investment (NYSE SCM) opened at $12.77 on Friday. The company has a market cap of $207.30, a price-to-earnings ratio of 9.92 and a beta of 0.57. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.50. Stellus Capital Investment has a 1-year low of $11.27 and a 1-year high of $14.82.
Stellus Capital Investment (NYSE:SCM) last announced its quarterly earnings results on Thursday, November 9th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.02). Stellus Capital Investment had a net margin of 57.94% and a return on equity of 9.35%. The firm had revenue of $9.98 million for the quarter. equities analysts forecast that Stellus Capital Investment will post 1.25 EPS for the current year.
The company also recently declared a monthly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.1133 per share. This represents a $1.36 annualized dividend and a dividend yield of 10.65%. The ex-dividend date is Thursday, December 28th. Stellus Capital Investment’s dividend payout ratio (DPR) is 80.95%.
In other news, insider Robert T. Ladd purchased 14,000 shares of Stellus Capital Investment stock in a transaction dated Monday, September 11th. The stock was bought at an average price of $13.33 per share, with a total value of $186,620.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dean D’angelo purchased 5,000 shares of Stellus Capital Investment stock in a transaction dated Thursday, September 14th. The shares were purchased at an average cost of $13.49 per share, with a total value of $67,450.00. The disclosure for this purchase can be found here. In the last three months, insiders have bought 203,186 shares of company stock valued at $2,539,315. Corporate insiders own 4.20% of the company’s stock.
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About Stellus Capital Investment
Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.
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