SLR Investment's recent price run and slight NAV increase prompt a hold rating due to unattractive valuation. Despite a high dividend yield of 9.4%, sustainability concerns arise from minimal excess earnings. SLRC's diversified, senior secured debt portfolio and low non-accrual rate indicate strong management but limited growth in a high-rate environment.
SLR Investment Corp. (NASDAQ:SLRC ) Q4 2024 Earnings Conference Call February 26, 2025 10:00 AM ET Corporate Participants Michael Gross - Chairman & Co-Chief Executive Officer Shiraz Kajee - Chief Financial Officer Bruce Spohler - Co-Chief Executive Officer Conference Call Participants Erik Zwick - Lucid Capital Markets Casey Alexander - Compass Point Melissa Wedel - JPMorgan Paul Johnson - KBW Operator Good day, everyone, and welcome to the Q4 2024 SLR Investment Corp. Earnings Call. At this time, all participants are in a listen-only mode.
SLR Investment (SLRC) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.44 per share a year ago.
SLR Investment is a top choice for dividends and capital preservation due to its multi-strategy approach and conservative underwriting philosophy. SLR's shares are attractively valued, trading at a discount to net asset value and industry averages, making it a compelling buy. Key risks include potential rate cuts and economic weakness, but SLR's defensive strategy and low non-accruals mitigate these concerns.
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SLR Investment Corp. (NASDAQ:SLRC ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Michael Gross - Chairman & Co-Chief Executive Officer Shiraz Kajee - Chief Financial Officer Bruce Spohler - Co-Chief Executive Officer Conference Call Participants Bryce Rowe - B. Riley Melissa Wedel - JPMorgan Sean-Paul Adams - Raymond James Operator Good day, everyone and welcome to today's Third Quarter 2024 SLR Investment Corp. Earnings Call.
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- SLR Investment Corp. (the “Company”) (NASDAQ: SLRC) today announced that it will release its financial results for the quarter ended September 30, 2024 on Wednesday, November 6, 2024 after the close of the financial markets.
NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company” or “SLRC”) today announced that on September 27, its wholly-owned portfolio company, SLR Business Credit (“SLR-BC”) acquired an asset-based factoring portfolio and operations from Webster Bank, N.A.
SLRC has reported a strong Q2 2024 with many improvements across the board. Despite stronger earnings and robust portfolio quality, the P/NAV discount remains very deep - at 16%. While the risk of an unfavorable debt refinancing is there, the total risk and reward ratio is clearly positive and supportive of a bullish case.
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