Stellus Capital Investment Corp which can be found using ticker (SCM) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 16.5 and 15 with the average target price sitting at $15.80. Given that the stocks previous close was at $14.17 this indicates there is a potential upside of 11.5%. The day 50 moving average is $14.64 while the 200 day moving average is $13.39. The company has a market cap of $279m. You can visit the company’s website by visiting: https://www.stelluscapital.com/public-investors/investment-corp/
The potential market cap would be $311m based on the market consensus.
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.
The company has a dividend yield of 11.29% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 19.11, revenue per share of 3.84 and a 3.94% return on assets.