NASDAQ:TCRD

THL Credit (TCRD) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$3.12
$3.99
52-Week Range
N/A
Volume
286,432 shs
Average Volume
202,337 shs
Market Capitalization
$160.25 million
P/E Ratio
5.22
Dividend Yield
11.08%
Price Target
N/A
TCRD stock logo

About THL Credit Stock (NASDAQ:TCRD)

First Eagle Alternative Capital BDC, Inc. is a non-diversified closed-end management investment company. Its objective is to generate both current income and capital appreciation, through investments in privately negotiated debt and equity securities of lower middle market companies. The company was founded on May 26, 2009 and is headquartered in Boston, MA.

TCRD Stock News Headlines

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This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
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See More Headlines
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Company Calendar

Last Earnings
5/07/2020
Today
4/25/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investors
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:TCRD
CUSIP
87243810
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-24,610,000.00
Net Margins
-197.03%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$52.49 million
Book Value
$7.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$160.25 million
Optionable
Optionable
Beta
1.53
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Key Executives

  • Christopher John Flynn
    Chief Executive Officer & Director
  • Terrence William Olson
    Chief Financial, Operating Officer & Treasurer
  • Sabrina Rusnak-Carlson
    Secretary & Chief Compliance Officer
  • James Ray Fellows
    Chief Investment Officer & Co-Head-Tradable Credit
  • Lauren Vieira
    Head-Investor Contact

TCRD Stock Analysis - Frequently Asked Questions

How were THL Credit's earnings last quarter?

THL Credit, Inc. (NASDAQ:TCRD) issued its quarterly earnings results on Thursday, May, 7th. The investment management company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.07. The investment management company earned $7.89 million during the quarter, compared to the consensus estimate of $9.72 million. THL Credit had a positive trailing twelve-month return on equity of 10.28% and a negative net margin of 197.03%.

Is THL Credit a good dividend stock?

THL Credit (NASDAQ:TCRD) pays an annual dividend of $0.40 per share and currently has a dividend yield of 11.08%. TCRD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TCRD will have a dividend payout ratio of 97.56% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCRD.

What other stocks do shareholders of THL Credit own?
This page (NASDAQ:TCRD) was last updated on 4/25/2024 by MarketBeat.com Staff

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