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FinancialsAdventurousSmall CapValue Trap

SuRo Capital's Q4 net asset value per share falls q-o-q

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

MetricBeat/MissActualConsensus 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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