Media stories about Stellus Capital Investment (NYSE:SCM) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Stellus Capital Investment earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 45.8897854272984 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Stellus Capital Investment (SCM) traded down $0.09 during trading on Wednesday, reaching $12.49. 98,301 shares of the company’s stock were exchanged, compared to its average volume of 99,991. The firm has a market capitalization of $201.24, a P/E ratio of 9.63 and a beta of 0.53. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.44 and a quick ratio of 0.44. Stellus Capital Investment has a 12-month low of $11.27 and a 12-month high of $14.82.
Stellus Capital Investment (NYSE:SCM) last issued its quarterly earnings data on Thursday, November 9th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). The business had revenue of $9.98 million during the quarter. Stellus Capital Investment had a net margin of 57.94% and a return on equity of 9.35%. research analysts forecast that Stellus Capital Investment will post 1.25 earnings per share for the current year.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be issued a $0.1133 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.36 dividend on an annualized basis and a yield of 10.89%. Stellus Capital Investment’s dividend payout ratio (DPR) is presently 80.95%.
SCM has been the subject of several research analyst reports. ValuEngine lowered shares of Stellus Capital Investment from a “strong-buy” rating to a “buy” rating in a research 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 report on Friday, November 10th. Ladenburg Thalmann Financial Services assumed coverage on shares of Stellus Capital Investment in a report on Monday, September 25th. They issued a “buy” rating and a $14.50 price objective on the stock. Finally, Zacks Investment Research upgraded shares of Stellus Capital Investment from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $14.50.
In other news, CEO Robert T. Ladd purchased 55,693 shares of the stock in a transaction on Tuesday, November 14th. The stock was purchased at an average price of $12.47 per share, for a total transaction of $694,491.71. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Joshua T. Davis purchased 50,000 shares of the stock in a transaction on Wednesday, November 15th. The shares were purchased at an average price of $12.35 per share, with a total value of $617,500.00. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 203,186 shares of company stock valued at $2,539,315. 4.20% of the stock is owned by company insiders.
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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