Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Stellus Capital Investment Corporation (SCM) Share Price
Press coverage about Stellus Capital Investment Corporation (NYSE:SCM) has trended somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stellus Capital Investment Corporation earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 45.8897854272984 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Contrasting Stellus Capital Investment Corporation (SCM) & Capitala Finance Corp. (CPTA) (americanbankingnews.com)
- Stellus Capital Investment : Insider Trading Activity Stellus Capital Investment Corporation – CEO Bought 400 shares of Stock (4-traders.com)
- Insider Buying: Stellus Capital Investment Corporation (SCM) Director Acquires 50,000 Shares of Stock (americanbankingnews.com)
- Robert T. Ladd Purchases 78,093 Shares of Stellus Capital Investment Corporation (SCM) Stock (americanbankingnews.com)
- Stellus Capital Investment Corporation (SCM) CEO Robert T. Ladd Purchases 55,693 Shares (americanbankingnews.com)
SCM has been the subject of several recent research reports. Ladenburg Thalmann Financial Services initiated coverage on Stellus Capital Investment Corporation in a report on Monday, September 25th. They issued a “buy” rating and a $14.50 price objective for the company. ValuEngine downgraded Stellus Capital Investment Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, November 10th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $14.00 price objective on shares of Stellus Capital Investment Corporation in a report on Friday, November 10th. Finally, Zacks Investment Research upgraded Stellus Capital Investment Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $14.50.
Stellus Capital Investment Corporation (NYSE:SCM) last posted its earnings results on Thursday, November 9th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.02). Stellus Capital Investment Corporation had a net margin of 57.94% and a return on equity of 9.35%. The company had revenue of $9.98 million during the quarter. equities research analysts expect that Stellus Capital Investment Corporation will post 1.25 EPS for the current fiscal year.
The business also recently announced 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 10.47%. Stellus Capital Investment Corporation’s dividend payout ratio (DPR) is presently 80.47%.
In other Stellus Capital Investment Corporation news, insider Robert T. Ladd purchased 14,000 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were acquired at an average price of $13.33 per share, for a total transaction of $186,620.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dean D’angelo purchased 5,000 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were acquired at an average price of $13.49 per share, for a total transaction of $67,450.00. The disclosure for this purchase can be found here. Insiders acquired 203,186 shares of company stock worth $2,539,315 in the last quarter. 4.20% of the stock is owned by insiders.
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Stellus Capital Investment Corporation 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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