Equities research analysts expect Stellus Capital Investment Corp (NYSE:SCM) to post $0.30 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Stellus Capital Investment’s earnings, with the lowest EPS estimate coming in at $0.28 and the highest estimate coming in at $0.32. Stellus Capital Investment reported earnings per share of $0.37 in the same quarter last year, which would suggest a negative year over year growth rate of 18.9%. The company is scheduled to report its next quarterly earnings report on Friday, March 9th.

According to Zacks, analysts expect that Stellus Capital Investment will report full year earnings of $1.26 per share for the current financial year, with EPS estimates ranging from $1.21 to $1.28. For the next year, analysts forecast that the firm will post earnings of $1.35 per share, with EPS estimates ranging from $1.33 to $1.37. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Stellus Capital Investment.

Stellus Capital Investment (NYSE:SCM) last posted its earnings results on Thursday, November 9th. The investment management company reported $0.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.02). The business had revenue of $9.98 million for the quarter. Stellus Capital Investment had a return on equity of 9.35% and a net margin of 57.94%.

SCM has been the topic of several recent analyst reports. Ladenburg Thalmann Financial Services initiated coverage on Stellus Capital Investment in a report on Monday, September 25th. They set a “buy” rating and a $14.50 target price on the stock. ValuEngine lowered Stellus Capital Investment from a “strong-buy” rating to a “buy” rating in a report on Friday, November 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $14.00 target price on shares of Stellus Capital Investment in a report on Friday, November 10th. Finally, Zacks Investment Research lowered Stellus Capital Investment from a “hold” rating to a “sell” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $14.50.

In other news, Director Dean D’angelo purchased 12,500 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were bought at an average cost of $12.31 per share, for a total transaction of $153,875.00. Following the completion of the acquisition, the director now directly owns 76,327 shares in the company, valued at approximately $939,585.37. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert T. Ladd purchased 55,693 shares of the business’s stock in a transaction dated 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 disclosure for this purchase can be found here. Over the last 90 days, insiders bought 196,686 shares of company stock worth $2,439,120. Corporate insiders own 4.20% of the company’s stock.

Several institutional investors have recently modified their holdings of SCM. GSA Capital Partners LLP raised its holdings in Stellus Capital Investment by 1.0% during the second quarter. GSA Capital Partners LLP now owns 10,300 shares of the investment management company’s stock worth $141,000 after acquiring an additional 100 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Stellus Capital Investment during the second quarter worth about $155,000. Susquehanna International Group LLP bought a new stake in Stellus Capital Investment during the third quarter worth about $164,000. Macquarie Group Ltd. bought a new stake in Stellus Capital Investment during the third quarter worth about $188,000. Finally, Janney Montgomery Scott LLC raised its holdings in Stellus Capital Investment by 26.2% during the third quarter. Janney Montgomery Scott LLC now owns 21,165 shares of the investment management company’s stock worth $289,000 after acquiring an additional 4,389 shares in the last quarter. Institutional investors own 27.24% of the company’s stock.

Stellus Capital Investment (SCM) traded up $0.15 during mid-day trading on Monday, reaching $12.69. The company’s stock had a trading volume of 81,116 shares, compared to its average volume of 114,033. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $202.35, a price-to-earnings ratio of 7.51 and a beta of 0.53. Stellus Capital Investment has a 52-week low of $11.57 and a 52-week high of $14.82.

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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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