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Crescent Capital BDC (CCAP) Stock Price, News & Analysis

$18.77
+0.22 (+1.19%)
(As of 09/17/2024 ET)

About Crescent Capital BDC Stock (NASDAQ:CCAP)

Key Stats

Today's Range
$18.59
$18.89
50-Day Range
$17.47
$19.43
52-Week Range
$15.03
$19.63
Volume
159,237 shs
Average Volume
137,482 shs
Market Capitalization
$695.65 million
P/E Ratio
6.68
Dividend Yield
8.95%
Price Target
$18.80
Consensus Rating
Moderate Buy

Company Overview

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.

Crescent Capital BDC Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 49th Percentile

Crescent Capital BDC scored higher than 49% of companies evaluated by MarketBeat, and ranked 646th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Crescent Capital BDC has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Crescent Capital BDC has only been the subject of 2 research reports in the past 90 days.

  • Read more about Crescent Capital BDC's stock forecast and price target.
  • Earnings Growth

    Earnings for Crescent Capital BDC are expected to decrease by -10.64% in the coming year, from $2.35 to $2.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Crescent Capital BDC is 6.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Crescent Capital BDC is 6.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.83.

  • Price to Book Value per Share Ratio

    Crescent Capital BDC has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Crescent Capital BDC's valuation and earnings.
  • Percentage of Shares Shorted

    0.34% of the outstanding shares of Crescent Capital BDC have been sold short.
  • Short Interest Ratio / Days to Cover

    Crescent Capital BDC has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Crescent Capital BDC has recently increased by 50.60%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Crescent Capital BDC is a leading dividend payer. It pays a dividend yield of 9.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Crescent Capital BDC does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Crescent Capital BDC is 59.79%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on EPS estimates, Crescent Capital BDC will have a dividend payout ratio of 80.00% in the coming year. This indicates that Crescent Capital BDC may not be able to sustain their current dividend.

  • Read more about Crescent Capital BDC's dividend.
  • Percentage of Shares Shorted

    0.34% of the outstanding shares of Crescent Capital BDC have been sold short.
  • Short Interest Ratio / Days to Cover

    Crescent Capital BDC has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Crescent Capital BDC has recently increased by 50.60%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Crescent Capital BDC has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Crescent Capital BDC this week, compared to 2 articles on an average week.
  • Search Interest

    Only 6 people have searched for CCAP on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Crescent Capital BDC to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Crescent Capital BDC insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.97% of the stock of Crescent Capital BDC is held by insiders.

  • Percentage Held by Institutions

    49.46% of the stock of Crescent Capital BDC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Crescent Capital BDC's insider trading history.
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CCAP Stock News Headlines

3 “Rich Guy Loophole” Stocks Yielding Up to 12.5%
Let’s talk about a “rich guy loophole” that you and I can take advantage of—and bank dividends up to 12.5%. And no, I’m not going to ask for your most
Crescent Capital BDC: A Reliable Dividend Payer
Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
Crescent Capital BDC, Inc. (NASDAQ:CCAP) Short Interest Update
See More Headlines

CCAP Stock Analysis - Frequently Asked Questions

Crescent Capital BDC's stock was trading at $17.38 at the beginning of 2024. Since then, CCAP shares have increased by 8.0% and is now trading at $18.77.
View the best growth stocks for 2024 here
.

Crescent Capital BDC, Inc. (NASDAQ:CCAP) released its quarterly earnings data on Monday, August, 12th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.58 by $0.01. The company had revenue of $48.95 million for the quarter, compared to analyst estimates of $48.05 million. Crescent Capital BDC had a trailing twelve-month return on equity of 12.03% and a net margin of 51.61%.

Top institutional shareholders of Crescent Capital BDC include Sun Life Financial Inc. (4.97%), Millennium Management LLC (0.72%), Condor Capital Management (0.68%) and Sumitomo Mitsui Trust Holdings Inc. (0.22%). Insiders that own company stock include Jason Breaux, Joseph Hanlon, Gerhard Lombard, Raymond Barrios, Erik G Barrios, V Prem Et Al Watsa and Kirill Bouek.
View institutional ownership trends
.

Shares of CCAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Crescent Capital BDC investors own include NGL Energy Partners (NGL), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Macerich (MAC), OFS Capital (OFS), AGNC Investment (AGNC) and Chimera Investment (CIM).

Company Calendar

Last Earnings
8/12/2024
Ex-Dividend for 9/16 Dividend
8/30/2024
Dividend Payable
9/16/2024
Today
9/17/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:CCAP
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.80
High Stock Price Target
$19.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+0.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$83.84 million
Pretax Margin
46.12%

Debt

Sales & Book Value

Annual Sales
$111.11 million
Cash Flow
$2.17 per share
Book Value
$20.04 per share

Miscellaneous

Free Float
36,702,000
Market Cap
$695.65 million
Optionable
Not Optionable
Beta
0.81
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This page (NASDAQ:CCAP) was last updated on 9/17/2024 by MarketBeat.com Staff
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