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

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

Stellus Capital Investment Stock Down 8.6 %

Shares of Stellus Capital Investment stock opened at $13.81 on Thursday. The company has a market cap of $373.67 million, a P/E ratio of 7.05 and a beta of 1.07. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.29 and a current ratio of 0.29. Stellus Capital Investment has a one year low of $12.75 and a one year high of $15.56. The firm has a fifty day moving average of $14.56 and a two-hundred day moving average of $14.06.

Stellus Capital Investment Announces Dividend

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

About Stellus Capital Investment

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.