Stellus Capital

Stellus Capital reported Q1 2026 earnings per share of $0.27 (forecast $0.26), while revenue of $23.29 million missed the expectation of $24.91 million. NAV fell by $0.28 per share and non-performing loans rose slightly. The stock fell in premarket trading; the company announced a $0.34 dividend for Q2 2026 and expects a more stable near-term earnings level without expanding the portfolio. » Plus sur de.investing.com

Stellus Capital increases the size of its 7.25% note due 2030 by $50 million; after the increase the outstanding principal through 2030 totals $125 million. The new notes are fungible with the original issue and are expected to settle on September 25, 2025. Raymond James is acting as bookrunner, with Goldman Sachs, Keefe, Bruyette & Woods and Oppenheimer serving as lead managers. Stellus plans to use net proceeds in part to repay a 4.875% note maturing in 2026. In Q2 2025 the company slightly missed on EPS and revenue, but the stock reacted positively. » Plus sur de.investing.com

Stellus Capital slightly missed analysts' expectations for both earnings per share and revenue in the second quarter of 2025, but demonstrated resilience with a robust portfolio and strategic initiatives. Despite missing its targets, the share price rose by 1.71%, and the company announced a dividend of $0.40 per share for the coming quarters. CEO Robert Ladd emphasized the selective investment strategy and strong collaboration with private equity partners. » Plus sur de.investing.com