Stellus Capital Investment
Originates private debt and related equity investments for U.S. lower-middle-market companies.
Something off on this page? Send us feedback.
Profile
An externally managed BDC that originates private debt and related equity investments for U.S. lower-middle-market companies. Its investment management operation relies on Stellus Capital Management and uses first-lien, unitranche, second-lien, and unsecured debt structures.
Originates private debt and related equity investments for U.S. lower-middle-market companies as an externally managed business development company. First-lien, unitranche, second-lien, and unsecured debt form the core investment structures, sometimes alongside equity co-investments.
Investment activity sits within one investment-management operating segment and is run by adviser Stellus Capital Management rather than direct employees. The team emphasizes originated loans, typically acts as the sole lender in the tranches in which it invests, and participates selectively in club deals. Operating as a public BDC makes external management, key personnel, sponsor relationships, and BDC regulation central to the model.
Company facts
Categories
Key statistics
Year to date −31.6% · Average volume (30d) 223.7K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026Q2 FY26 | $0.26 | $0.26 | 0.0% | $24.4M | $22.3M | −8.5% | +3.90% |
| May 11, 2026Q1 FY26 | $0.27 | $0.27 | 0.0% | $24.8M | $23.3M | −6.1% | −0.84% |
| Mar 11, 2026Q4 FY25 | $0.31 | $0.29 | −6.5% | $26.3M | $25.2M | −4.3% | −7.92% |
| Nov 10, 2025Q3 FY25 | $0.30 | $0.34 | +13.3% | $26.3M | $17.4M | −33.8% | +2.98% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $14.0M | $19.8M | $17.4M | $15.7M | $24.0M | $22.3M | |
| Gross profit | $5.7M | $11.2M | $8.5M | $6.7M | $18.7M | $13.7M | |
| Operating income | $5.5M | $10.6M | $7.2M | $5.4M | $10.9M | $16.2M | |
| Net income | $5.0M | $10.1M | $6.7M | $5.2M | $1.7M | $16.2M | |
| Diluted EPS | $0.18 | $0.36 | $0.23 | $0.18 | $0.06 | $0.56 | |
| Gross margin | 40.8% | 56.3% | 48.7% | 42.4% | 77.9% | 61.5% | |
| Operating margin | 39.3% | 53.3% | 41.4% | 34.0% | 45.4% | 72.8% |
Fiscal years (4-quarter sums)FY21 $61.4M · FY22 $45.4M · FY23 $53.2M · FY24 $82.7M · FY25 $67.0M
Balance sheet, Jun 30, 2026Cash & short-term investments $5.1M · Total debt $599.4M · Total assets $982.1M · Shareholders' equity $367.0M
Dividends
Raised for 4 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 31, 2026 | Jul 31 | Aug 14 | $0.0833 | cut from $0.1133 |
| Jun 30, 2026 | Jun 30 | Jul 15 | $0.1133 | |
| May 29, 2026 | May 29 | Jun 15 | $0.1133 | |
| Apr 30, 2026 | Apr 30 | May 15 | $0.1133 | |
| Mar 31, 2026 | Mar 31 | Apr 15 | $0.1133 | |
| Feb 27, 2026 | Feb 27 | Mar 13 | $0.1133 | |
| Jan 30, 2026 | Jan 30 | Feb 13 | $0.1133 | cut from $0.1333 |
| Dec 31, 2025 | Dec 31 | Jan 15 | $0.1333 |
Ownership
Shares outstanding 28.95M · Float 27.71M · 95.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Robert T. Ladd · director, officer: President and CEO | 669.6K | 2.31% | Form 4 | Mar 17, 2026 |
| LPL Financial LLC | 314.8K | 1.09% | 13F | May 6, 2026 |
| Ci Private Wealth, LLC | 255.5K | 0.88% | 13F | May 15, 2026 |
| Muzinich & Co., Inc. | 254.8K | 0.88% | 13F | Apr 24, 2026 |
| Raymond James Financial Inc | 237.6K | 0.82% | 13F | May 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 13, 2026 | J. Tim Arnoult | director | +1,000 | $9.27 |
| May 19, 2026 | J. Tim Arnoult | director | +9,000 | $9.05 |
| Jun 23, 2026 | J. Tim Arnoult | director | +700 | $8.29 |
| Mar 13, 2026 | Robert T. Ladd | director, officer: President and CEO | +35,000 | $8.70 |
| Mar 16, 2026 | Robert T. Ladd | director, officer: President and CEO | +1,700 | $8.45 |
Peers
- Main Street Capital
Lower-middle-market debt and equity financing
- Capital Southwest
Flexible lower-middle-market credit across the capital structure
- CĪON Investment
First-lien-focused private credit for middle-market borrowers
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Stellus Capital Investment | $8.71 | −0.68% | $252.7M | 8.5 | 8.4 | 3.2 | −10.2% |
| Main Street Capital | $58.45 | −0.18% | $5.44B | 11.8 | 15.4 | 7.8 | −26.1% |
| Capital Southwest | $25.38 | −0.33% | $1.58B | 14.1 | 10.9 | 6.9 | −21.6% |
| CĪON Investment | $7.48 | +1.08% | $367.4M | 27.3 | 6.4 | 2.7 | +150.6% |
| Median | 14.1 | 10.9 | 6.9 | −21.6% |