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. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.
IPO Year: 2012
Exchange: NYSE
Website: stelluscapital.com/public-investors/investment-corp
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2024 | $12.50 → $13.25 | Sell → Neutral | B. Riley Securities |
| 1/8/2024 | $13.00 | Neutral → Sell | B. Riley Securities |
| 8/14/2023 | $15.00 | Outperform → Perform | Oppenheimer |
| 6/16/2023 | $14.00 | Neutral | B. Riley Securities |
| 3/2/2023 | Outperform → Mkt Perform | Raymond James | |
| 10/5/2022 | $11.00 | Neutral | Janney |
| 11/1/2021 | $15.00 | Perform → Outperform | Oppenheimer |
| 11/1/2021 | $15.00 → $15.50 | Outperform | Raymond James |
Stellus Capital Management, LLC ("Stellus") today announced the hiring of Zachary Roberson as Vice President, Director of High-Net-Worth Investor Relations. Mr. Roberson's primary responsibilities will entail servicing existing LP relationships, fundraising, and executing across all channels of Private Wealth, including Wirehouses, Independent Broker-Dealers, RIAs, Family Offices, Fintech Platforms, and Custodians. "We are pleased to welcome Zack to Stellus," said Ryan Hughes, Managing Director, Head of Investor Relations at Stellus. "With his strong experience in raising capital and client coverage capacities across both traditional and alternative investments, Zack is an excellent add
B. Riley Securities upgraded Stellus Capital from Sell to Neutral and set a new price target of $13.25 from $12.50 previously
B. Riley Securities downgraded Stellus Capital from Neutral to Sell and set a new price target of $13.00
Oppenheimer downgraded Stellus Capital from Outperform to Perform and set a new price target of $15.00
B. Riley Securities initiated coverage of Stellus Capital with a rating of Neutral and set a new price target of $14.00
Raymond James downgraded Stellus Capital from Outperform to Mkt Perform
Janney initiated coverage of Stellus Capital with a rating of Neutral and set a new price target of $11.00
Oppenheimer upgraded Stellus Cap Investment from Perform to Outperform and set a new price target of $15.00
Raymond James reiterated coverage of Stellus Cap Investment with a rating of Outperform and set a new price target of $15.50 from $15.00 previously
Raymond James reiterated coverage of Stellus Capital Investment with a rating of Outperform and set a new price target of $14.00 from $12.00 previously
Raymond James reiterated coverage of Stellus Capital Inv with a rating of Outperform and set a new price target of $14.00 from $12.00 previously
HOUSTON, Nov. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fiscal quarter ended September 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended September 30, 2024, in which we earned U.S. GAAP net investment income of $0.39 per share and core net investment income of $0.40 per share, which covered the regular dividend declared of $0.40 per share. Net asset value per share increased by $0
HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) will release its financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, November 8, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary. Conference Call Detai
HOUSTON, Oct. 10, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of October, November, and December, totaling $0.40 per share in the aggregate for the fourth quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in November and December 2024, and January 2025. Summary of Fourth Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 10/10/2024 10/31/2024 10/
HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its second fiscal quarter ended June 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended June 30, 2024, in which U.S. GAAP net investment income of $0.48 per share and core net investment income of $0.50 per share covered the regular dividend declared of $0.40 per share. Our loan portfolio is yielding 11.7%, as of June 30, 2024. We have c
HOUSTON, July 31, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Thursday, August 8, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary. Conference Call Details V
HOUSTON, July 11, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of July, August, and September, totaling $0.40 per share in the aggregate for the third quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in August, September, and October 2024. Summary of Third Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 7/10/2024 7/31/2024 7/31/2024 8/15/2024
HOUSTON, May 9, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its first fiscal quarter ended March 31, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended March 31, 2024, in which net asset value grew by $0.15 per share and U.S. GAAP net investment income of $0.42 per share and core net investment income of $0.44 per share covered the regular dividend declared of $0.40 per share. Our loan portfolio is yi
HOUSTON, May 3, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) will release its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, May 10, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary. Conference Call Details Via Phone: D
HOUSTON, April 5, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) today announced changes to the ex-dividend dates related to the Company's monthly dividends payable in June and July 2024. The changes are a result of compliance with the amended Securities Exchange Act Rule 15c6-1 (a) to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date to one business day after the trade date. This shortened settlement cycle applies to all applicable securities transactions occurring on or after May 28, 2024.
HOUSTON, April 4, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of April, May, and June, totaling $0.40 per share in the aggregate for the second quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in May, June, and July 2024. Summary of Second Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 4/3/2024 4/29/2024 4/30/2024 5/15/2024 $0.1333 4/3/2024
Shares of Indivior PLC (NASDAQ:INDV) rose sharply in today's pre-market trading after the company posted better-than-expected second-quarter results and announced an accelerated $100 million share repurchase program. Indivior reported quarterly earnings of 44 cents per share which beat the analyst consensus estimate of 14 cents per share. The company reported quarterly sales of $299.00 million which beat the analyst consensus estimate of $296.05 million. Indivior shares jumped 14.5% to $12.46 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Psyence Biomedical Ltd. (NASDAQ:PBM) rose 157.4% to $1.00 in pre-market trading after the company
B. Riley Securities analyst Bryce Rowe upgrades Stellus Cap Investment (NYSE:SCM) from Sell to Neutral and raises the price target from $12.5 to $13.25.
Stellus Cap Investment (NYSE:SCM) reported quarterly earnings of $0.44 per share which missed the analyst consensus estimate of $0.45 by 2.22 percent. This is a 2.22 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $25.996 million which missed the analyst consensus estimate of $26.643 million by 2.43 percent. This is a 7.98 percent increase over sales of $24.075 million the same period last year.
Oppenheimer analyst Mitchel Penn maintains Stellus Cap Investment (NYSE:SCM) with a Perform and maintains $14 price target.
B. Riley Securities analyst Bryce Rowe reiterates Stellus Cap Investment (NYSE:SCM) with a Sell and lowers the price target from $13 to $12.5.
Stellus Cap Investment (NYSE:SCM) reported quarterly earnings of $0.500 per share which beat the analyst consensus estimate of $0.450 by 11.11 percent. The company reported quarterly sales of $28.023 million which beat the analyst consensus estimate of $27.408 million by 2.24 percent. This is a 19.93 percent increase over sales of $23.367 million the same period last year.
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Stellus Cap Investment (NYSE:SCM) is set to give its latest quarterly earnings report on Monday, 2024-03-04. Here's what investors need to know before the announcement. Analysts estimate that Stellus Cap Investment will report an earnings per share (EPS) of $0.45. Stellus Cap Investment bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.02, which was followed by a 4.
As of Jan. 19, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. FS KKR Capital Corp. (NYSE:FSK) On Nov. 14, FSK priced public offering of $400 million 7.875% Unse
B. Riley Securities analyst Bryce Rowe downgrades Stellus Cap Investment (NYSE:SCM) from Neutral to Sell and announces $13 price target.
HOUSTON, Nov. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fiscal quarter ended September 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended September 30, 2024, in which we earned U.S. GAAP net investment income of $0.39 per share and core net investment income of $0.40 per share, which covered the regular dividend declared of $0.40 per share. Net asset value per share increased by $0
HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) will release its financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, November 8, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary. Conference Call Detai
HOUSTON, Oct. 10, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of October, November, and December, totaling $0.40 per share in the aggregate for the fourth quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in November and December 2024, and January 2025. Summary of Fourth Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 10/10/2024 10/31/2024 10/
HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its second fiscal quarter ended June 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended June 30, 2024, in which U.S. GAAP net investment income of $0.48 per share and core net investment income of $0.50 per share covered the regular dividend declared of $0.40 per share. Our loan portfolio is yielding 11.7%, as of June 30, 2024. We have c
HOUSTON, July 31, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Thursday, August 8, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary. Conference Call Details V
HOUSTON, July 11, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of July, August, and September, totaling $0.40 per share in the aggregate for the third quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in August, September, and October 2024. Summary of Third Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 7/10/2024 7/31/2024 7/31/2024 8/15/2024
HOUSTON, May 9, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its first fiscal quarter ended March 31, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended March 31, 2024, in which net asset value grew by $0.15 per share and U.S. GAAP net investment income of $0.42 per share and core net investment income of $0.44 per share covered the regular dividend declared of $0.40 per share. Our loan portfolio is yi
HOUSTON, May 3, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) will release its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, May 10, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary. Conference Call Details Via Phone: D
HOUSTON, April 5, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) today announced changes to the ex-dividend dates related to the Company's monthly dividends payable in June and July 2024. The changes are a result of compliance with the amended Securities Exchange Act Rule 15c6-1 (a) to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date to one business day after the trade date. This shortened settlement cycle applies to all applicable securities transactions occurring on or after May 28, 2024.
HOUSTON, April 4, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE:SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of April, May, and June, totaling $0.40 per share in the aggregate for the second quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in May, June, and July 2024. Summary of Second Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 4/3/2024 4/29/2024 4/30/2024 5/15/2024 $0.1333 4/3/2024
4 - Stellus Capital Investment Corp (0001551901) (Issuer)
4 - Stellus Capital Investment Corp (0001551901) (Issuer)
4 - Stellus Capital Investment Corp (0001551901) (Issuer)
4 - Stellus Capital Investment Corp (0001551901) (Issuer)
4 - Stellus Capital Investment Corp (0001551901) (Issuer)
4 - Stellus Capital Investment Corp (0001551901) (Issuer)
40-17G - Stellus Capital Investment Corp (0001551901) (Filer)
10-Q - Stellus Capital Investment Corp (0001551901) (Filer)
8-K - Stellus Capital Investment Corp (0001551901) (Filer)
10-Q - Stellus Capital Investment Corp (0001551901) (Filer)
8-K - Stellus Capital Investment Corp (0001551901) (Filer)
10-Q - Stellus Capital Investment Corp (0001551901) (Filer)
DEF 14A - Stellus Capital Investment Corp (0001551901) (Filer)
8-K - Stellus Capital Investment Corp (0001551901) (Filer)
PRE 14A - Stellus Capital Investment Corp (0001551901) (Filer)
10-K - Stellus Capital Investment Corp (0001551901) (Filer)