Investment fund SuRo Capital's Q3 NAV rises to $9.23 per share

Neostellar Capital

04/11/2025 22:04

Overview

SuRo Capital Q3 net asset value rises to $9.23 per share from $9.18

Company declares $0.25 per share cash dividend

SuRo Capital extends share and note repurchase programs

Outlook

SuRo Capital emphasizes continued focus on AI and digital infrastructure investments

Company highlights investment in HL Digital Assets, reflecting digital infrastructure focus

Result Drivers

AI INVESTMENTS - SuRo Capital attributes strong Q3 results to investments in AI and AI infrastructure companies, including OpenAI

REALIZED GAINS - Realized gains from CoreWeave and other portfolio liquidity events supported the $0.25 per share dividend

NEW INVESTMENTS - SuRo Capital invested $5 mln in HL Digital Assets, reflecting its focus on digital infrastructure opportunities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Investments Gain
$5.20 mln
Q3 Net Asset Value Gain
$12.40 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "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 $10.25, about 0.5% above its November 3 closing price of $10.20

Press Release: ID:nGNX2JSdRd

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(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.)