With over 1.08 million SuRo Capital Corp. (SSSS) shares trading Monday and a closing price of $13.31 on the day, the dollar volume was approximately $14.35 million. The shares have shown a positive weekly performance of 1.84% and its price on 08/31/20 lost nearly -4.24%. Currently, there are 16.38M common shares owned by the public and among those 13.02M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 3 analysts who have offered their price forecasts for SSSS have a consensus price objective of $15.33. The analysts have set the share’s price value over the next 12 months at a high of $16.00 and a low of $15.00 should the stock experience a downside. Incidentally, analysts’ outlook for the SuRo Capital Corp. stock is 1.00 for the next 12 months. The average price target is 13.18% above its last price level and an upside to the estimated low will see the stock gain 11.27% over that period. But an upside of 16.81% will see the stock hit the forecast high price target while mean target price for the stock is $15.00.
Insiders at the company have transacted a total of 56 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 56 of these insider trades were purchases, accounting for 1,454,604 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in SuRo Capital Corp. are Special Opportunities Fund, Inc., Bridgeway Omni Small Cap Value Fu, and Bridgeway Omni Tax Managed Small. Special Opportunities Fund, Inc. owns 0.38 million shares of the company’s stock, all valued at over $4.74 million. The company bought an additional 0.27 million shares recently to bring their total holdings to about 2.29% of the shares outstanding. Bridgeway Omni Tax Managed Small bought 32700.0 shares to bring its total holdings to over 32700.0 shares at a value of $0.41 million. Bridgeway Omni Tax Managed Small now owns shares totaling to 0.20% of the shares outstanding.
Shares of SuRo Capital Corp. (NASDAQ: SSSS) opened at $13.90, unchanged from a prior closing price of $13.90. However, the script later closed the day at $13.31, down -4.24%. The company’s stock has a 5-day price change of 1.84% and 111.94% over the past three months. SSSS shares are trading 103.21% year to date (YTD), with the 12-month market performance up to 107.32% higher. It has a 12-month low price of $3.60 and touched a high of $14.91 over the same period. Currently, 1.08 million shares have been traded, compared to an average intraday trading volume of 575.88K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.07%, 12.31%, and 71.80% respectively.
Institutional ownership of SuRo Capital Corp. (NASDAQ: SSSS) shares accounts for 19.80% of the company’s 16.38M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $218.55M and a beta (3y monthly) value of 1.37. The stock’s trailing 12-month PE ratio is 309.53, while the earnings-per-share (ttm) stands at $0.04. The company has a debt-to-equity ratio at 0.67. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.93% over the week and 5.62% over the month.
Analysts forecast that SuRo Capital Corp. (SSSS) will achieve an EPS of $0.43 for the current quarter, $0.4 for the next quarter and $1.49 for 2021. The lowest estimate earnings-per-share for the quarter is $0.43 while analysts give the company a high EPS estimate of $0.43. Comparatively, EPS for the current quarter was $0.75 a year ago. Earnings per share for the fiscal year are expected to decrease by -32.50%, and 93.51% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 3 brokerage firm advisors rate SuRo Capital Corp. (SSSS) as a “Strong Buy” at a consensus score of 1.00. Specifically, 3 Wall Street analysts polled rate the stock as a buy, while 0 of the 3 advise that investors “hold,” and 0 rated it as a “Sell.”