NASDAQ:CGBD - TCG BDC Stock Price, News, & Analysis

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$14.51 +0.01 (+0.07 %)
(As of 01/17/2019 03:28 AM ET)
Previous Close$14.50
Today's Range$14.49 - $14.65
52-Week Range$12.19 - $18.63
Volume264,106 shs
Average Volume328,712 shs
Market Capitalization$904.74 million
P/E Ratio8.34
Dividend Yield10.37%
Beta0.6
TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Private households
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CGBD
CUSIPN/A
Phone212-813-4900

Debt

Current Ratio2.63
Quick Ratio2.63

Price-To-Earnings

Sales & Book Value

Annual Sales$165 million
Price / Sales5.50
Cash Flow$1.4409 per share
Price / Cash Flow10.07
Book Value$18.12 per share
Price / Book0.80

Profitability

Net Income$84.20 million
Net Margins33.51%
Return on Assets5.15%

Miscellaneous

EmployeesN/A
Market Cap$904.74 million
OptionableOptionable

TCG BDC (NASDAQ:CGBD) Frequently Asked Questions

What is TCG BDC's stock symbol?

TCG BDC trades on the NASDAQ under the ticker symbol "CGBD."

How often does TCG BDC pay dividends? What is the dividend yield for TCG BDC?

TCG BDC declared a quarterly dividend on Wednesday, November 7th. Investors of record on Friday, December 28th will be given a dividend of $0.37 per share on Thursday, January 17th. This represents a $1.48 annualized dividend and a yield of 10.20%. The ex-dividend date of this dividend is Thursday, December 27th. View TCG BDC's Dividend History.

How were TCG BDC's earnings last quarter?

TCG BDC Inc (NASDAQ:CGBD) issued its quarterly earnings results on Wednesday, November, 7th. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.01. The company had revenue of $51.28 million for the quarter, compared to the consensus estimate of $49.12 million. TCG BDC had a return on equity of 9.41% and a net margin of 33.51%. The business's revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.45 earnings per share. View TCG BDC's Earnings History.

When is TCG BDC's next earnings date?

TCG BDC is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for TCG BDC.

What price target have analysts set for CGBD?

4 Wall Street analysts have issued 1-year price objectives for TCG BDC's stock. Their predictions range from $15.50 to $19.00. On average, they expect TCG BDC's stock price to reach $16.8333 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for TCG BDC.

What is the consensus analysts' recommendation for TCG BDC?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TCG BDC in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TCG BDC.

Has TCG BDC been receiving favorable news coverage?

Press coverage about CGBD stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TCG BDC earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Who are some of TCG BDC's key competitors?

Who are TCG BDC's key executives?

TCG BDC's management team includes the folowing people:
  • Mr. Michael A. Hart, Chairman & CEO (Age 56)
  • Mr. Jeffrey S. Levin, Pres
  • Mr. Thomas M. Hennigan, CFO, Chief Risk Officer and Head of Underwriting & Portfolio Management
  • Mr. Venugopal Rathi, Treasurer and Principal Accounting Officer (Age 37)
  • Mr. Daniel F. Harris, Head of Investor Relations (Age 45)

When did TCG BDC IPO?

(CGBD) raised $171 million in an initial public offering (IPO) on Wednesday, June 14th 2017. The company issued 9,000,000 shares at $18.50-$19.50 per share. BofA Merrill Lynch, Morgan Stanley, J.P. Morgan, Citigroup, Keefe, Bruyette & Woods (A Stifel Company) and Wells Fargo Securities served as the underwriters for the IPO and HSBC and Mizuho Securities were co-managers.

Who are TCG BDC's major shareholders?

TCG BDC's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.04%). Company insiders that own TCG BDC stock include John G Nestor, Michael Anthony Hart, Thomas M Hennigan and Venugopal Rathi. View Institutional Ownership Trends for TCG BDC.

Which major investors are buying TCG BDC stock?

CGBD stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have bought TCG BDC stock in the last two years include John G Nestor, Michael Anthony Hart, Thomas M Hennigan and Venugopal Rathi. View Insider Buying and Selling for TCG BDC.

How do I buy shares of TCG BDC?

Shares of CGBD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TCG BDC's stock price today?

One share of CGBD stock can currently be purchased for approximately $14.51.

How big of a company is TCG BDC?

TCG BDC has a market capitalization of $904.74 million and generates $165 million in revenue each year. The company earns $84.20 million in net income (profit) each year or $1.74 on an earnings per share basis.

What is TCG BDC's official website?

The official website for TCG BDC is http://www.tcgbdc.com.

How can I contact TCG BDC?

TCG BDC's mailing address is 520 Madison Avenue 40th Floor, New York NY, 10022. The company can be reached via phone at 212-813-4900 or via email at [email protected]


MarketBeat Community Rating for TCG BDC (NASDAQ CGBD)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  118 (Vote Outperform)
Underperform Votes:  118 (Vote Underperform)
Total Votes:  236
MarketBeat's community ratings are surveys of what our community members think about TCG BDC and other stocks. Vote "Outperform" if you believe CGBD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CGBD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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