The earnings call presented a mix of positive and negative aspects. On the positive side, there was increased investment activity, stable asset quality, progress on the SBIC III license, and stable dividends. However, concerns were raised about the decrease in net asset value, dividend coverage issues, and the presence of nonaccrual loans.

Company Guidance

During the conference call, Stellus Capital Investment Corporation provided a detailed financial overview for the second fiscal quarter of 2025. The company reported a GAAP net investment income of $0.34 per share and core net investment income of $0.35 per share, with a slight decrease in net asset value per share by $0.04, attributed to reduced spillover income. Stellus Capital's investment portfolio at fair value stood at $985.9 million across 112 companies, a slight decline from $991 million across 110 companies in the previous quarter. The company issued approximately 300,000 shares for $3.9 million under its ATM program, contributing to a year-to-date issuance of 900,000 shares for $13.2 million. Portfolio quality remains strong, with 84% rated as 1 or 2, indicating on or ahead of plan, and 16% rated 3 or below, suggesting they are not meeting expectations. Stellus Capital expects a busy second half of the year, with $26 million in new fundings since June 30 and potential equity realizations of $12 million in proceeds and $10 million in gains. Dividends for the third quarter were declared at $0.40 per share, and the company anticipates maintaining this rate in the fourth quarter, subject to board approval. The company's leverage strategy remains stable at about 1:1 on the regulatory test, with a current leverage of 0.9x regulatory and 1.7x GAAP. The anticipated SBIC III license will enable Stellus Capital to further leverage its investment capacity.

Increased Investment Activity

Investment activity has picked up significantly in the past 30 days with $26 million of new fundings since June 30. The portfolio now stands at approximately $1 billion with 113 companies, marking the largest number in the company's history.

Stable Asset Quality

84% of the portfolio is rated a 1 or 2, indicating they are on or ahead of plan. There were no new loans added to the nonaccrual list during the quarter.

SBIC III License Progress

Received a greenlight letter from the Small Business Administration for Stellus Capital SBIC III, which is a significant step forward in obtaining the license.

Dividend Stability

Declared a dividend for the third quarter of $0.40 per share payable monthly, with expectations for the fourth quarter to maintain the same rate, subject to Board approval.

Stellus Capital (SCM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SCM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 31, 2025	2025 (Q3)	0.33 / -	0.39	―	―	―
Aug 06, 2025	2025 (Q2)	0.35 / 0.34	0.48	-29.17% (-0.14)	―
May 12, 2025	2025 (Q1)	0.37 / 0.35	0.44	-20.45% (-0.09)	―
Mar 04, 2025	2024 (Q4)	0.40 / 0.37	0.5	-26.00% (-0.13)	―
Nov 07, 2024	2024 (Q3)	0.46 / 0.39	0.49	-20.41% (-0.10)	―
Aug 07, 2024	2024 (Q2)	0.45 / 0.48	0.51	-5.88% (-0.03)	―
May 09, 2024	2024 (Q1)	0.46 / 0.44	0.45	-2.22% (-0.01)	―
Mar 04, 2024	2023 (Q4)	0.46 / 0.50	0.44	13.64% (+0.06)	―
Nov 07, 2023	2023 (Q3)	0.47 / 0.49	0.35	40.00% (+0.14)	―
Aug 09, 2023	2023 (Q2)	0.47 / 0.51	0.07	628.57% (+0.44)	―

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

SCM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$14.06	$14.26	+1.42%
May 12, 2025	$12.80	$12.66	-1.09%
Mar 04, 2025	$14.40	$13.16	-8.61%
Nov 07, 2024	$12.70	$12.60	-0.79%

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 Stellus Capital Investment (SCM) report earnings?

Stellus Capital Investment (SCM) is schdueled to report earning on Oct 31, 2025, Before Open (Confirmed).

What is Stellus Capital Investment (SCM) earnings time?

Stellus Capital Investment (SCM) earnings time is at Oct 31, 2025, Before Open (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 SCM EPS forecast?

SCM EPS forecast for the fiscal quarter 2025 (Q3) is 0.33.

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