SSSS / SuRo Capital: The Valuation May Provide Some Margin Of Safety

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 divers more_horizontal

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 portfoli more_horizontal

SuRo Capital Corp. (NASDAQ:SSSS ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Adam Bates - Vice President Mark Kle more_horizontal

SuRo Capital Corp. (NASDAQ:SSSS ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Willy Lee – Investor Mark Klein – C more_horizontal

SuRo Capital Corp. (NASDAQ:SSSS ) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ET Company Participants Sindhu Kotha - VP Mark Klein - Chair more_horizontal

SuRo Capital continues to trade at a discount to NAV as its investment portfolio faces broader macro headwinds. The company holds a significant cash a more_horizontal

SuRo Capital Corp. (NASDAQ:SSSS ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Evan Schlossman - SuRo Capital Mar more_horizontal

The collapse of SPACs has left SuRo Capital without its main source of exits on its investments. NAV per share at $9.24 places the fund in relative va more_horizontal