Monitor final Q2 results on August 10 for actual NII and NAV; the new SBIC facility provides additional low-cost leverage that could improve net interest margins, but elevated non-accruals warrant watching. The buyback program continues to support NAV accretion above book.
Price Chart
Executive Summary
Stellus Capital Investment Corp reported preliminary Q2 2026 NII per share of $0.25-$0.27, midpoint in line with $0.26 consensus. NAV per share increased 1.8%-2.4% qoq to $12.76-$12.84, and the company received an SBA license for a third SBIC facility, enabling up to $250M of low-cost debentures. The preliminary estimates suggest stable credit performance with no new non-accruals, but non-accruals remain elevated at 5.4% of portfolio fair value.
Key Financial Metrics
Key Facts
- Preliminary NII per share range of $0.25-$0.27 for Q2 2026, midpoint $0.26 vs consensus $0.26
- Preliminary NAV per share of $12.76-$12.84, up 1.8%-2.4% from $12.54 at March 31, 2026
- Received SBA license for third SBIC, allowing $125M equity contribution and up to $250M in SBA-guaranteed debentures
- Repurchased 274,343 shares at $8.88/share for ~$2.4M during Q2; $17.6M remaining under $20M buyback program
- Investments on non-accrual at 5.4% of portfolio at fair value and 8.5% at cost; no new non-accruals in Q2
- Total investment portfolio between $965M and $975M at fair value; funded $18M and received $49M in repayments
- Final Q2 2026 results to be released on August 10, 2026
Financial Impact
Preliminary NII ~$0.26 per share, in line with consensus; NAV per share increased $0.22-$0.30 sequentially; annualized ROE >17%
Risk Factors
- Non-accruals at 5.4% fair value / 8.5% cost remain a drag on income
- Preliminary estimates subject to adjustment; final Q2 2026 results may differ
- Interest rate sensitivity of floating-rate portfolio in changing rate environment
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-088224 |
| Document: tm2621520d1_ex99-1.htm | 0001104659-26-088224 |
| Document: 0001104659-26-088224-index-headers.html | 0001104659-26-088224 |
| Document: 0001104659-26-088224-index.html | 0001104659-26-088224 |
| Document: 0001104659-26-088224.txt | 0001104659-26-088224 |
| 8-K Data (Synthetic) | 0001104659-26-088224 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | Press Release | $7.22 | awaiting T+20 | — | $6.72 (−6.93%) |
Aug 10, 2026 11w ago | Press Release | $8.80 $8.35 | ▲ +5.11% | ▲ +4.05% | $6.72 (+23.64%) |
Jul 29, 2026 12w ago | 8-K | $7.46 $8.66 | ▲ +16.09% | ▲ +12.12% | $6.72 (−9.92%) |
Jul 16, 2026 14w ago | Press Release | $7.61 $8.78 | ▲ +15.37% | ▲ +10.93% | $6.72 (−11.70%) |
Jun 25, 2026 17w ago | Insider Buy | $8.43 $7.04 | ▼ −16.49% | ▼ −17.75% | $6.72 (−20.28%) |
Jun 22, 2026 18w ago | 8-K | $8.30 $7.14 | ▼ −13.98% | ▼ −15.14% | $6.72 (−19.04%) |
Jun 11, 2026 19w ago | Institutional Cluster | $8.85 $8.11 | ▼ −8.36% | ▼ −10.25% | $6.72 (−24.07%) |
May 4, 2026 25w ago | DEFA14A | $9.79 $8.96 | ▼ −8.48% | ▼ −13.43% | $6.72 (−31.36%) |
Apr 24, 2026 26w ago | DEFA14A | $9.45 $8.99 | ▼ −4.84% | ▼ −9.79% | $6.72 (−28.87%) |
Mar 13, 2026 32w ago | Insider Cluster | $8.56 $9.36 | ▲ +9.36% | ▲ +5.77% | $6.72 (−21.49%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers