SLR Investment Reports Q1 Earnings, Declares $0.41 Dividend

SLR Investment Corp. reported first quarter 2025 earnings of $0.41 per share, in line with analyst estimates, with net investment income matching this figure and a quarterly dividend declared at the same rate, yielding approximately 10.55%. The company's revenue for the quarter was $53.18 million, slightly below consensus estimates and down from the previous year's $58.1 million, while net asset value per share remained relatively stable at $18.16. Despite the solid portfolio performance, including a diversified investment portfolio valued at $3.1 billion and minimal non-accruals, the stock has experienced a price decline of around 9.27% over the past three months. Analysts maintain a cautious stance with an average price target suggesting an 8.02% upside and a hold recommendation, although GuruFocus's GF Value model indicates a potential upside of over 180%. SLR Investment continues to focus on asset-based lending amidst market dislocations, maintaining conservative leverage and significant available capital, complemented by recent unsecured notes issuances to support its growth strategy. Co-CEO Michael Gross highlighted satisfaction with the portfolio's quality and performance, particularly its focus on domestic services and collateralized loans.