SuRo Capital (SSSS) Set to Announce Quarterly Earnings on Thursday

Posted by Caroline Horne on Nov 1st, 2024

SuRo Capital (NASDAQ:SSSS – Get Free Report) is scheduled to release its earnings data after the market closes on Thursday, November 7th.

SuRo Capital (NASDAQ:SSSS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($0.15) EPS for the quarter. The firm had revenue of $1.03 million during the quarter. SuRo Capital had a negative net margin of 256.84% and a negative return on equity of 6.47%.

SuRo Capital Price Performance

Shares of SSSS opened at $4.60 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 27.02 and a current ratio of 27.02. The firm has a market cap of $107.55 million, a PE ratio of -6.87 and a beta of 1.66. SuRo Capital has a twelve month low of $3.32 and a twelve month high of $5.33. The firm’s 50 day moving average price is $4.16 and its 200 day moving average price is $4.03.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $6.00 price objective on shares of SuRo Capital in a research note on Friday, October 11th.

Read Our Latest Analysis on SSSS

Insider Transactions at SuRo Capital

In related news, CEO Mark D. Klein acquired 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The shares were acquired at an average cost of $3.84 per share, with a total value of $46,080.00. Following the purchase, the chief executive officer now owns 1,088,666 shares of the company’s stock, valued at approximately $4,180,477.44. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.97% of the stock is currently owned by corporate insiders.

SuRo Capital Company Profile

(Get Free Report)

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.