SuRo Capital Corp.

NasdaqGS:SSSS Stock Report

Market Cap: US$353.5m

SuRo Capital Management

Management criteria checks 3/4

SuRo Capital's CEO is Mark Klein, appointed in Aug 2017, has a tenure of 8.83 years. total yearly compensation is $6.73M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 6.43% of the company’s shares, worth $22.73M. The average tenure of the management team and the board of directors is 4.4 years and 10.3 years respectively.

Key information

Mark Klein

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage12.62%
CEO tenure8.8yrs
CEO ownership6.4%
Management average tenure4.4yrs
Board average tenure10.3yrs

Recent management updates

Recent updates

Seeking Alpha • Jun 06

SuRo Capital Aims For The Stars As NAV Surges, Externalization Pending

Summary SuRo Capital posted a dramatic NAV surge to $14.24 per share during its fiscal 2026 first quarter, up sequentially from $8.09 and $6.66 in its year-ago quarter. SSSS's portfolio is highly concentrated, with WHOOP and VAST Data driving significant unrealized gains amid broader AI sector enthusiasm. The BDC is set to externalize management and rebrand to Neostellar Capital Corp. Read the full article on Seeking Alpha
New Narrative • Apr 07

AI Infrastructure Surge Will Drive Concentration Risks And Keep Prospects Cautious Yet Potentially Rewarding

Catalysts About SuRo Capital SuRo Capital provides public investors with access to a concentrated portfolio of late stage, venture backed private companies, with a particular focus on technology and AI related businesses. What are the underlying business or industry changes driving this perspective?
Narrative Update • Dec 22

SSSS: Portfolio Momentum Will Drive Future Upside Following Price Objective Hike

Analysts raised their price target on SuRo Capital to $12 from $11, reflecting growing confidence as they point to building momentum across the company portfolio. Analyst Commentary Bullish analysts highlight the raised price target as a reflection of improving execution and growing confidence in SuRo Capital's ability to translate portfolio momentum into sustained net asset value growth.
Narrative Update • Dec 08

SSSS: Portfolio Momentum And Buybacks Will Drive Shares Higher

Analysts have raised their price target on SuRo Capital by $1 to $12, citing building momentum across the company's investment portfolio as support for the higher valuation. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the incremental price target increase reflects growing confidence in the durability of portfolio momentum, supporting a premium to prior valuation levels.
Narrative Update • Nov 24

SSSS: Portfolio Momentum Will Drive Continued Outperformance Following Q3 Report

Analysts have increased their price target for SuRo Capital from $11 to $12, citing recent portfolio momentum as a key factor supporting this modest upgrade. Analyst Commentary Bullish Takeaways Bullish analysts point to SuRo Capital's recent portfolio momentum as a positive driver for valuation, supporting the new price target of $12.
Narrative Update • Nov 07

SSSS: Portfolio Momentum And Margin Gains Will Define Next Phase Amid Market Risks

Analysts have raised their price target for SuRo Capital from $6.14 to $11.00. They cite positive portfolio momentum and improved profit margins, despite softer revenue growth.
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New Narrative • Apr 04

CoreWeave And OpenAI IPOs Will Open New Opportunities

Strategic investments in AI and pre-IPO companies are poised to enhance earnings and boost investor confidence through potential value realization.
Seeking Alpha • Mar 22

SuRo Capital: NAV Continues To Dip As AI Investments Ramp Up

Summary SuRo Capital's total returns of 32% over the past year are driven by closing a discount to NAV, not NAV expansion. The portfolio includes significant stakes in AI companies like CoreWeave and OpenAI, with CoreWeave's upcoming IPO set to be a critical driver of NAV. Despite strong returns, SuRo's NAV has declined, raising concerns about the sustainability of future gains amid moderated AI stock enthusiasm. SuRo's share buyback program has reduced outstanding shares, but NAV per share continues to decline. Read the full article on Seeking Alpha
Seeking Alpha • Oct 15

Pre-IPO AI And Exceptional Governance At Suro Capital

Summary I believe Suro Capital is a superior steward of capital compared to VC hedge funds and offers significant AI infrastructure exposure without "Two and Twenty" fees. Suro's notable AI infrastructure pre-IPO darlings include CoreWeave, OpenAI, and Vast Data.  Additional AI themed holdings were not addressed in the recent announcement. Despite a challenging VC market from 2021-2024, Suro accreted NAV while absorbing excess supply in scale with tender offers. Suro's superior governance, absence of supply overhang, and darling pre-IPO AI investments make it a compelling investment. Read the full article on Seeking Alpha
Analysis Article • May 30

We Think Some Shareholders May Hesitate To Increase SuRo Capital Corp.'s (NASDAQ:SSSS) CEO Compensation

Key Insights SuRo Capital to hold its Annual General Meeting on 5th of June Salary of US$850.0k is part of CEO Mark...
Seeking Alpha • Sep 08

The SPAC Collapse Isn't Good News For SuRo Capital

Summary 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 value territory. The company launched a tender offer in a bid to try and close this gap. While the discount will likely remain sticky on the back of continued macro headwinds, SuRo's large cash position will drive future shareholder value. New York-based SuRo Capital (SSSS) has had a colorful history as a public company. Three name changes in recent years first from GSV Capital to Sutter Rock and then to the current iteration have come against surging investor interest in private company investments as venture capital takes on a more outsized role in the economy. Many companies are choosing to stay private far longer than they historically have. SuRo Capital is an internally managed investment fund that seeks to invest in high-growth, venture-backed private companies. The fund has built a diverse portfolio of fast-growing private startups, some of which like Forge Global (FRGE), Rover Group (ROVR), and Nextdoor (KIND) went public just last year on the back of the blank check boom. The SPAC phenomenon, driven by an incredible mix of euphoric animal spirits and non-prudent management guidance has all but come to a quiet end as the broader stock market crashed. SPACs have raised around $12.7 billion this year, down from the $166 billion in 2021 as just 50 deals were completed. This was a fraction of 226 deals in 2021 and came on the back of a number of underwriters including Goldman (GS) pausing new offerings and withdrawing support from those they helped take public. As if things were not bad enough, the SEC under Gary Gensler is proposing a more onerous regulatory regime with reforms that would limit the ability of new SPACs to provide financial projections in excess of that which would have been permitted under the conventional IPO process. SPACs have become notorious for pulling these overly optimistic forecasts just after going public. Financial Times - Refinitiv For SuRo, the collapse of SPACs closes what has been a significant route for cash realizations. Indeed, the company continues to hold equity stakes in a number of pre-definitive agreement blank check firms like Churchill Capital Corp VI (CCVI) and Churchill Capital Corp VII (CVII). A Material Discount To Book Value As Growth Collapses As SuRo's main operations involve the management of its investment portfolio of small fast-growing companies so conventional metrics like revenue are not entirely useful. The company's last reported earnings for its fiscal 2022 second quarter saw net assets total $280.2 million, for a NAV per share of $9.24. This was a sequential decline from a NAV per share of $12.22 in the previous quarter. The decline has been led by torrid equity market conditions since the first half of this year. The broad-based decline in public market common shares, the worst in half a century, spilt over to the private markets as numerous late-stage unicorns experienced turbulent conditions that led to new financing rounds completed at discounts to valuations from previous capital raises. SuRo trades at a discount of 35.6% to NAV with shares currently at $5.95. This large discount to its book value pushed management to launch a now expired tender offer to purchase up to 2,000,000 shares of its common stock, roughly 6.60% of shares outstanding. It's hard to assess this as a success as shares now trade below the $6 purchase floor implemented by management. However, in lieu of other investment opportunities, the tender offer makes sense when looked at from a long-term perspective.
Seeking Alpha • Aug 03

SuRo Capital GAAP EPS of -$3.08, revenue of $0.89M

SuRo Capital press release (NASDAQ:SSSS): Q2 GAAP EPS of -$3.08. Revenue of $0.89M (+229.6% Y/Y).
Seeking Alpha • Feb 04

SuRo: M&A Outlook For 2022 Is Strong

SuRo Capital paid out $8.00 in dividends in 2021 and are likely to continue returning value to shareholders in the form of big dividends in 2022. The portfolio asset value declined slightly in Q4 2021, but with $170M in investable capital, they are poised to grow again in 2022. The expected growth in M&A activity in 2022 will offer more opportunities to realize gains from portfolio investments in pre-SPAC and pre-IPO privately held companies.
Seeking Alpha • Aug 31

Investing Like A VC Fund With SuRo Capital Corp.

SuRo Capital has a unique regulatory structure and represents a smart way to gain exposure to a VC-like business with good upside potential. The long track record, along with strong investment strategy and process, is a competitive advantage and the market started appreciating it. The company has a great balance sheet, with a strong cash position and zero debt. The stock has a potential upside of more than 50% from the current price.

CEO Compensation Analysis

How has Mark Klein's remuneration changed compared to SuRo Capital's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$205m

Dec 31 2025US$7mUS$850k

US$49m

Sep 30 2025n/an/a

US$69m

Jun 30 2025n/an/a

US$56m

Mar 31 2025n/an/a

-US$17m

Dec 31 2024US$3mUS$850k

-US$38m

Sep 30 2024n/an/a

-US$47m

Jun 30 2024n/an/a

-US$17m

Mar 31 2024n/an/a

-US$22m

Dec 31 2023US$3mUS$850k

US$5m

Sep 30 2023n/an/a

US$2m

Jun 30 2023n/an/a

-US$69m

Mar 31 2023n/an/a

-US$148m

Dec 31 2022US$4mUS$850k

-US$132m

Sep 30 2022n/an/a

-US$129m

Jun 30 2022n/an/a

-US$68m

Mar 31 2022n/an/a

US$60m

Dec 31 2021US$8mUS$850k

US$147m

Sep 30 2021n/an/a

US$218m

Jun 30 2021n/an/a

US$219m

Mar 31 2021n/an/a

US$207m

Dec 31 2020US$4mUS$850k

US$75m

Sep 30 2020n/an/a

US$16m

Jun 30 2020n/an/a

US$6m

Mar 31 2020n/an/a

-US$17m

Dec 31 2019US$4mUS$681k

US$24m

Compensation vs Market: Mark's total compensation ($USD6.73M) is above average for companies of similar size in the US market ($USD2.48M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Klein (64 yo)

8.8yrs
Tenure
US$6,733,734
Compensation

Mr. Mark David Klein is Chairman, President & CEO of SuRo Capital Corp. from April 2021. He has spent the last several years running public companies and investment firms. He was President, CEO & Director...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Klein
Chairman8.8yrsUS$6.73m6.43%
$ 22.7m
Allison Green
CFO, Treasurer & Corporate Secretary8yrsUS$1.88m0.73%
$ 2.6m
James Nash
Chief Compliance Officerless than a yearno datano data
Josh Mauldin
Controllerless than a yearno datano data
Jackson Stone
Vice President7.8yrsno datano data
William Lee
Investorno datano datano data
Evan Schlossman
Investorno datano datano data
Jazelyn Jose
Finance Associateno datano datano data
Ben Miller
Investorno datano datano data
4.4yrs
Average Tenure
45yo
Average Age

Experienced Management: SSSS's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mark Klein
Chairman15.4yrsUS$6.73m6.43%
$ 22.7m
Robert Grady
Member of Advisory Boardno datano datano data
Ronald Lott
Independent Director11.3yrsUS$165.00k0.071%
$ 250.6k
Leonard Potter
Lead Independent Director15.4yrsUS$185.00k0.41%
$ 1.4m
Marc Mazur
Independent Director9.3yrsUS$170.00k0.26%
$ 935.0k
Lisa Westley
Independent Director6.9yrsUS$165.00k0.23%
$ 797.7k
Richard Szuch
Independent Directorless than a yearUS$100.00k0.036%
$ 126.1k
10.3yrs
Average Tenure
64yo
Average Age

Experienced Board: SSSS's board of directors are seasoned and experienced ( 10.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 21:52
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SuRo Capital Corp. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander ParisBarrington Research Associates, Inc.
Marvin FongBTIG
Jon HickmanLadenburg Thalmann & Company