Headlines about Stellus Capital Investment (NYSE:SCM) have trended somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stellus Capital Investment earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the investment management company an impact score of 44.9829542045509 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Stellus Capital Investment (SCM) opened at $12.70 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.44 and a current ratio of 0.44. Stellus Capital Investment has a one year low of $11.57 and a one year high of $14.82. The firm has a market cap of $204.27, a P/E ratio of 7.51 and a beta of 0.53.
Stellus Capital Investment (NYSE:SCM) last announced its quarterly earnings results on Thursday, November 9th. The investment management company reported $0.29 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.02). The company 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%. analysts predict that Stellus Capital Investment will post 1.26 EPS for the current fiscal year.
The business also recently declared a monthly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be paid a $0.1133 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.36 annualized dividend and a yield of 10.71%. Stellus Capital Investment’s dividend payout ratio is currently 80.47%.
A number of analysts recently weighed in on the stock. Keefe, Bruyette & Woods restated a “hold” rating and set a $14.00 target price on shares of Stellus Capital Investment in a research note on Friday, November 10th. ValuEngine lowered shares of Stellus Capital Investment from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. Finally, Ladenburg Thalmann Financial Services assumed coverage on shares of Stellus Capital Investment in a research note on Monday, September 25th. They set a “buy” rating and a $14.50 target price on the stock. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $14.50.
In related news, CEO Robert T. Ladd purchased 55,693 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average cost of $12.47 per share, for a total transaction of $694,491.71. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dean D’angelo purchased 12,500 shares of the company’s stock in a transaction on Friday, December 8th. The stock was bought at an average price of $12.31 per share, for a total transaction of $153,875.00. Following the completion of the purchase, the director now directly owns 76,327 shares of the company’s stock, valued at $939,585.37. The disclosure for this purchase can be found here. Insiders acquired 196,686 shares of company stock worth $2,439,120 over the last quarter. 4.20% of the stock is currently owned by insiders.
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Stellus Capital Investment Company Profile
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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