With over 0.11 million SuRo Capital Corp. (SSSS) shares trading Monday and a closing price of $4.32 on the day, the dollar volume was approximately $0.47 million. The shares have shown a negative half year performance of -35.62% and its price on 01/23/23 gained nearly 1.17%. Currently, there are 28.43M common shares owned by the public and among those 26.66M 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 $7.75. The analysts have set the share’s price value over the next 12 months at a high of $9.50 and a low of $6.00. The average price target is 44.26% above its recent price level and an upside to the estimated low will see the stock gain 28.0% over that period. But an upside of 54.53% will see the stock hit the forecast high price target while median target price for the stock is $7.75.
Insiders at the company have transacted a total of 17 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 14 of these insider trades were purchases, accounting for 411,071 shares. Insider sales of the common stock occurred on 3 occasions, with total insider shares sold totaling 70,487 shares.
The top 3 mutual fund holders in SuRo Capital Corp. are Impax Small Cap Fund, iShares II Plc – Listed Private E, and Special Opportunities Fund, Inc. Impax Small Cap Fund owns 0.51 million shares of the company’s stock, all valued at over $1.93 million. The company sold -0.4 million shares recently to bring their total holdings to about 1.79% of the shares outstanding. Special Opportunities Fund, Inc. sold -0.36 million shares to bring its total holdings to over 0.12 million shares at a value of $0.46 million. Special Opportunities Fund, Inc. now owns shares totaling to 0.43% of the shares outstanding.
Shares of SuRo Capital Corp. (NASDAQ: SSSS) opened at $4.34, up $0.07 from a prior closing price of $4.27. However, the script later moved the day high at 4.3799, up 1.17%. The company’s stock has a 5-day price change of -6.09% and 14.59% over the past three months. SSSS shares are trading 13.68% year to date (YTD), with the 12-month market performance down to -65.30% lower. It has a 12-month low price of $3.60 and touched a high of $12.38 over the same period. SSSS has an average intraday trading volume of 159.94K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.41%, 6.82%, and -25.34% respectively.
Institutional ownership of SuRo Capital Corp. (NASDAQ: SSSS) shares accounts for 14.75% of the company’s 28.43M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $122.82M. The stock’s trailing 12-month PE ratio is 3.96, while the earnings-per-share (ttm) stands at $1.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.30% over the week and 4.44% over the month.
Analysts forecast that SuRo Capital Corp. (SSSS) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2023. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was $1.32 a year ago.
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 1.20. 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.”
Looking at the support for the SSSS, a number of firms have released research notes about the stock. JMP Securities stated their Mkt Outperform rating for the stock in a research note on April 14, 2021, with the firm’s price target at $20.