Loading...
•
Sep 30, 2021
SuRo Capital Q3 2021 Earnings Report
Announced financial results for the quarter ended September 30, 2021.
Key Takeaways
SuRo Capital Corp. reported its financial results for Q3 2021, with net assets totaling approximately $425.8 million, or $14.79 per share. The company's NAV reached its highest dividend-adjusted level since inception, driven by SPAC mergers, IPOs, and acquisitions.
Net assets totaled approximately $425.8 million, or $14.79 per share, at September 30, 2021.
Declared a $2.00 per share dividend to shareholders and approved an extension of the Share Repurchase Program to October 31, 2022.
Held positions in 39 portfolio companies with an aggregate fair value of approximately $315.8 million.
Added seven new companies to the investment portfolio, including Orchard Technologies, Inc., Varo Money, Inc., and PayJoy, Inc.
Forward Guidance
SuRo Capital is focused on maintaining a selective and robust investment pipeline and deploying capital in new and exciting investment opportunities.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...