Crescent Capital BDC (CCAP) Expected to Announce Quarterly Earnings on Wednesday

Crescent Capital BDC (NASDAQ:CCAP - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 14th. Analysts expect Crescent Capital BDC to post earnings of $0.52 per share and revenue of $45.08 million for the quarter.

Crescent Capital BDC (NASDAQ:CCAP - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by ($0.01). The company had revenue of $46.40 million for the quarter, compared to analyst estimates of $47.27 million. Crescent Capital BDC had a return on equity of 11.90% and a net margin of 37.32%.

Crescent Capital BDC Price Performance

NASDAQ:CCAP traded up $0.47 during trading hours on Monday, reaching $16.52. 100,421 shares of the company were exchanged, compared to its average volume of 141,643. The company has a current ratio of 1.32, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The stock's 50-day moving average is $16.29 and its 200-day moving average is $18.15. The firm has a market cap of $612.05 million, a PE ratio of 8.32 and a beta of 0.63. Crescent Capital BDC has a twelve month low of $13.54 and a twelve month high of $20.19.

Crescent Capital BDC Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, May 30th. Crescent Capital BDC's dividend payout ratio is presently 84.42%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CCAP shares. Keefe, Bruyette & Woods reduced their price objective on shares of Crescent Capital BDC from $20.00 to $18.50 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Wells Fargo & Company dropped their target price on shares of Crescent Capital BDC from $18.00 to $16.00 and set an "equal weight" rating for the company in a report on Monday, April 28th.

About Crescent Capital BDC

Crescent Capital BDC, Inc is as a business development company private equity / buyouts and loan fund. It specializes in directly investing. It specializes in middle market. The fund seeks to invest in United States.