Stellus Capital Previews Q2: NII of $0.25–$0.27/Share, NAV Up to $12.84, and a New SBA License
SCM is trading near its 52-week low of $6.83 (4.0% above the low).
Summary
Stellus Capital pre-announced Q2 2026 net investment income of $0.25–$0.27 per share and NAV of $12.76–$12.84, up from $12.54. The company also received an SBA license for a third SBIC, providing access to up to $250 million in debentures, and repurchased $2.4 million in shares.
Key Events · Earnings and Guidance · SCM
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Preliminary Q2 NII of $0.25-$0.27/Share
Net investment income per share is estimated between $0.25 and $0.27, a significant improvement from the prior quarter's sharp decline.
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NAV Rises to $12.76-$12.84
Net asset value per share increased $0.22–$0.30 (1.8%–2.4%) from $12.54 at March 31, 2026, driven by portfolio appreciation and accretive buybacks.
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Annualized ROE Exceeds 17%
The company estimates an annualized return on equity of more than 17% for Q2 2026, reflecting strong portfolio performance.
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Non-Accruals Improve
Non-accrual investments fell to 5.4% of fair value (8.5% at cost) as one portfolio company returned to accrual status with no new additions.
Analysis · SCM · Unknown
Preliminary Q2 2026 results from Stellus Capital point to a meaningful rebound in net investment income and net asset value, fueled by portfolio appreciation and share buybacks. With NAV climbing as much as 2.4% and annualized ROE topping 17%, fundamentals are strengthening after a difficult first quarter. The newly granted SBA license for a third SBIC unlocks up to $250 million in low-cost debentures, bolstering the company's growth capital. Trading near its 52-week low, the stock could see a sentiment shift on these positive early numbers—though they remain preliminary, with final results due August 10.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.5% of the 1629 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.59%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SCM was trading at $7.10 on NYSE in the Unknown sector, with a market capitalization of approximately $205.2M. The 52-week trading range was $6.83 to $15.04. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.