Stellus Capital Investment (NYSE:SCM) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Stellus Capital Investment (NYSE:SCM) issued its earnings results on Tuesday. The investment management company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.04), Zacks reports. The company had revenue of $25.62 million for the quarter, compared to the consensus estimate of $26.60 million. Stellus Capital Investment had a return on equity of 13.49% and a net margin of 45.39%.

Stellus Capital Investment Stock Down 2.5 %

Shares of NYSE SCM opened at $15.12 on Wednesday. The firm has a market cap of $408.98 million, a PE ratio of 7.71 and a beta of 1.07. Stellus Capital Investment has a 12-month low of $12.75 and a 12-month high of $15.56. The company’s fifty day simple moving average is $14.55 and its 200 day simple moving average is $14.06. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 1.15.

Stellus Capital Investment Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were paid a dividend of $0.1333 per share. This represents a yield of 10.88%. The ex-dividend date was Friday, January 31st. Stellus Capital Investment’s dividend payout ratio is presently 81.63%.

Stellus Capital Investment Company Profile

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 prefers to invest in US and Canada.