earnings
confidence high
sentiment positive
materiality 0.70
Stellus Capital reports preliminary Q2 NII $0.25-$0.27/share; NAV up to $12.76-$12.84
Stellus Capital Investment Corp
- Preliminary NII per share $0.25-$0.27; NAV per share $12.76-$12.84, up 1.8%-2.4% from $12.54 at March 31, 2026.
- Annualized ROE estimated above 17% for Q2 2026; non-accruals at 5.4% of portfolio at fair value, 8.5% at cost.
- Funded ~$18M in investments, received ~$49M in repayments; total portfolio fair value $965M-$975M.
- Received SBA license for third SBIC, allowing $125M equity contribution and up to $250M in SBA-guaranteed debentures.
- Repurchased 274,343 shares at $8.88 avg ($2.4M); $17.6M remaining under $20M buyback program.