SuRo Capital (SSSS)
NASDAQ:SSSS
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.16Last Year’s EPS
-0.03Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong positive items: meaningful year‑over‑year NAV growth (~21%), a large increase in share price (>60%) with total shareholder return ~70%, substantial potential NAV upside from early‑2026 financings ($5.00–$6.50 per share estimated), a sizeable cash balance (~$49M) and active capital return programs. Offsetting these positives were a quarter‑over‑quarter NAV decline (Q3 to Q4 ~12.4%), portfolio concentration (~top 10 = 80%), some locked public positions (~$17.8M), and dependence on realized gains for income. On balance the positive developments — particularly the realized strong performance in 2025 and the material prospective accretion to NAV from early‑2026 financings — outweigh the near‑term risks and lowlights.Company Guidance
Strong Share Price Performance in 2025
SuRo's stock increased from $5.88 at the start of the year to $9.44 at year-end 2025, a gain of over 60%. Including $0.50 per share of dividends declared and paid during the year, total shareholder return for 2025 approximated 70%.
Year‑over‑Year NAV Growth
Net asset value (NAV) rose from $6.68 per share at the end of 2024 to $8.09 per share at the end of 2025, representing approximately 21% year‑over‑year growth. On a dividend‑adjusted basis NAV would have been ~$8.59, a ~29% YoY increase.
Material Potential Post‑Year NAV Upside
Management estimates that financings completed or being finalized in early 2026 could contribute at least $5.00 and as much as $6.50 per share to current NAV; these potential accretive events are not reflected in the reported 12/31/2025 NAV.
Concentrated Exposure to High‑Growth Themes (AI Focus)
As of 12/31/2025, ~31% of the portfolio (by fair value) was allocated to artificial intelligence infrastructure and applications. Top 5 positions (OpenAI, WHOOP, Blink Health, Canva, Learneo) represented ~54% of the portfolio and top 10 positions ~80%, providing concentrated exposure to likely beneficiaries of the AI cycle.
Realized Distributions and Gains During Q4
Q4 distributions from CW Opportunity 2 LP totaled ~$9.0M (aggregate: ~$2.3M return of capital and ~$6.7M gain), representing ~15.3% of the company’s $15M investment in that SPV. Additional realizations included sale of remaining Forge Global shares for net proceeds of ~$3.1M and total realized gain on that investment of ~$5.0M.
Strategic New and Follow‑on Commitments
Board approved up to $20M commitment to Magnetar Opportunity 2025‑4 LP (TensorWave); $5.0M funded on 1/2/2026 and $5.0M funded as of 3/10/2026. Management emphasized decisive allocations to infrastructure plays (e.g., TensorWave liquid‑cool AMD GPU clusters).
Healthy Cash Position & Capital Return Programs
Liquidity at year‑end included ~$50.1M of liquid assets (~$49M cash and ~$1.1M unrestricted public securities). Board authorized extended share repurchase program ($64.3M aggregate, $25.0M remaining) and discretionary note repurchase program (repurchased ~$39.2M principal of 6% notes, ~52% of original issuance).
Disciplined Operating Profile
Management stated operating expenses have been stable over the past two years and the firm does not rely on recurring investment income (revenue is realized primarily via capital gains), indicating a focused, gain‑realization model.
SSSS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SSSS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 09, 2026 | $9.14 | $9.68 | +5.91% |
Nov 04, 2025 | $9.54 | $9.73 | +2.03% |
Aug 06, 2025 | $8.45 | $8.18 | -3.22% |
May 06, 2025 | $4.91 | $5.03 | +2.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SuRo Capital (SSSS) report earnings?
SuRo Capital (SSSS) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is SuRo Capital (SSSS) earnings time?
SuRo Capital (SSSS) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SSSS EPS forecast?
SSSS EPS forecast for the fiscal quarter 2026 (Q1) is -0.16.