SuRo CapitalNASDAQ: SSSS

SuRo Capital Corp. (Nasdaq: SSSS) will release its financial results for the quarter ending March 31, 2024 after the U.S. market closes on Wednesday, May 8, 2024.

SuRo Capital Corp. (SSSS) Q4 2023 Earnings Call Transcript

SuRo Capital Corp. (NASDAQ:SSSS ) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Adam Bates - Vice President Mark Klein - Chairman & Chief Executive Officer Allison Green - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the SuRo Capital's Third Quarter 2023 Earnings Conference Call. Today's call is being recorded.

SuRo Capital Corp is currently trading at a roughly 52% discount to the upper range of its guided NAV for its third quarter. The BDC is chasing diversification against a turbulent economic backdrop.

SuRo Capital's portfolio has experienced a significant drop in valuation, causing the stock to trade at a 45% discount to its book value. The portfolio is concentrated in around 10 companies, mostly valued at EV/Sales multiples that are now well aligned with the market average/consensus. The upside potential lies in multiples expanding again due to the Fed cutting rates, with an estimated potential upside of 57% - 110% from the current price.

SuRo Capital Corp. (NASDAQ:SSSS ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Adam Bates - Vice President Mark Klein - Chairman, President and Chief Executive Officer Allison Green - Chief Financial Officer, Treasurer and Corporate Secretary Conference Call Participants Jon Hickman - Ladenburg Operator Good day, and welcome to the SuRo Capital Second Quarter 2023 Earnings Call. Today's conference is being recorded.

SuRo Capital is down around 17% year-to-date with its discount to net asset value moving to 57%. The composition of the equity-focused BDC's portfolio is broadly unchanged from last year as continued macroeconomic headwinds continue to pressure tech valuations.