Overview
Investment fund's Q4 net asset value per share fell from prior quarter
Company expects recent financings to add $5.00-$6.50 to net asset value per share
Outlook
SuRo Capital expects recent financings to add $5.00-$6.50 to net asset value per share
SuRo Capital focuses on disciplined execution and realizing gains as liquidity arises
Result Drivers
UNREALIZED DEPRECIATION - Q4 net asset value decline attributed to unrealized depreciation in investments
Company press release: ID:nGNX4RQCF5
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Investments Gain | $6.8 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy."
Wall Street's median 12-month price target for SuRo Capital Corp is $11.10, about 24.9% above its March 6 closing price of $8.89
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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