QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
QQQ   299.94 (-2.83%)
AAPL   116.36 (-4.17%)
MSFT   227.39 (-1.82%)
FB   255.31 (-3.39%)
GOOGL   2,007.50 (-4.27%)
TSLA   563.00 (-5.84%)
AMZN   2,951.95 (-1.62%)
NVDA   463.73 (-6.97%)
BABA   226.69 (-3.08%)
CGC   30.86 (-0.99%)
GE   14.17 (+4.19%)
MU   85.05 (-4.36%)
NIO   35.21 (-7.61%)
AMD   73.96 (-5.81%)
T   29.99 (+1.25%)
F   12.65 (+3.10%)
ACB   9.61 (+0.10%)
DIS   201.91 (+6.27%)
BA   224.03 (+0.36%)
NFLX   493.33 (-4.47%)
PFE   34.35 (-0.12%)
Log in
NASDAQ:CGBD

TCG BDC Stock Forecast, Price & News

$13.02
+0.22 (+1.72 %)
(As of 03/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$12.62
Now: $13.02
$13.13
50-Day Range
$10.76
MA: $11.80
$12.99
52-Week Range
$4.30
Now: $13.02
$13.16
Volume261,964 shs
Average Volume179,670 shs
Market Capitalization$716.74 million
P/E RatioN/A
Dividend Yield10.00%
Beta2.11
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.
TCG BDC logo

Headlines

TCG BDC: Q4 Earnings Insights
February 24, 2021 |  finance.yahoo.com
Earnings Preview: TCG BDC
February 22, 2021 |  finance.yahoo.com
TCG BDC: 27% Discount, 12% Yield
December 19, 2020 |  seekingalpha.com
Where Do Hedge Funds Stand On TCG BDC, Inc. (CGBD)?
December 3, 2020 |  finance.yahoo.com
TCG BDC, Inc. (CGBD) Q3 2020 Earnings Call Transcript
November 6, 2020 |  finance.yahoo.com
TCG BDC EPS beats by $0.01, misses on revenue
November 4, 2020 |  seekingalpha.com
TCG BDC Announces Formation of MMCF II
November 4, 2020 |  finance.yahoo.com
TCG BDC, Inc. Common Stock (CGBD)
October 21, 2020 |  nasdaq.com
TCG BDC Is Riskier Than You Think
October 1, 2020 |  seekingalpha.com
TCG BDC: Not Quite Yet
September 28, 2020 |  seekingalpha.com
Moody's Buys Minority Stake in Malaysian Rating Corporation
August 12, 2020 |  au.finance.yahoo.com
TCG BDC, Inc. (CGBD) Q2 2020 Earnings Call Transcript
August 5, 2020 |  finance.yahoo.com
TCG BDC declares $0.32 dividend
August 4, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$221.30 million
Cash Flow$2.27 per share
Book Value$16.21 per share

Profitability

Net Income$61.33 million

Miscellaneous

Market Cap$716.74 million
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.32 out of 5 stars

Finance Sector

801st out of 1,938 stocks

Private Households Industry

55th out of 378 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$13.02
+0.22 (+1.72 %)
(As of 03/8/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CGBD News and Ratings via Email

Sign-up to receive the latest news and ratings for CGBD and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











TCG BDC (NASDAQ:CGBD) Frequently Asked Questions

Is TCG BDC a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TCG BDC in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TCG BDC stock.
View analyst ratings for TCG BDC
or view top-rated stocks.

What stocks does MarketBeat like better than TCG BDC?

Wall Street analysts have given TCG BDC a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TCG BDC wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TCG BDC's next earnings date?

TCG BDC is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for TCG BDC
.

How were TCG BDC's earnings last quarter?

TCG BDC, Inc. (NASDAQ:CGBD) announced its quarterly earnings data on Wednesday, February, 24th. The company reported $0.36 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.36. The company earned $36.61 million during the quarter, compared to analyst estimates of $36.96 million. TCG BDC had a positive trailing twelve-month return on equity of 10.75% and a negative net margin of 2.73%.
View TCG BDC's earnings history
.

How has TCG BDC's stock price been impacted by Coronavirus?

TCG BDC's stock was trading at $11.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CGBD stock has increased by 15.1% and is now trading at $13.02.
View which stocks have been most impacted by COVID-19
.

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

TCG BDC announced a quarterly dividend on Tuesday, February 23rd. Investors of record on Wednesday, March 31st will be paid a dividend of $0.37 per share on Friday, April 16th. This represents a $1.48 annualized dividend and a yield of 11.37%. The ex-dividend date of this dividend is Tuesday, March 30th.
View TCG BDC's dividend history
.

Is TCG BDC a good dividend stock?

TCG BDC pays an annual dividend of $1.28 per share and currently has a dividend yield of 10.00%. CGBD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of TCG BDC is 71.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TCG BDC will have a dividend payout ratio of 85.33% in the coming year. This indicates that TCG BDC may not be able to sustain their current dividend.
View TCG BDC's dividend history.

What price target have analysts set for CGBD?

4 analysts have issued 12-month target prices for TCG BDC's stock. Their forecasts range from $8.50 to $14.50. On average, they expect TCG BDC's stock price to reach $10.13 in the next twelve months. This suggests that the stock has a possible downside of 22.2%.
View analysts' price targets for TCG BDC
or view top-rated stocks among Wall Street analysts.

Who are TCG BDC's key executives?

TCG BDC's management team includes the following people:
  • Ms. Linda Pace, Chairperson, CEO & Pres (Age 59)
  • Mr. Thomas M. Hennigan, CFO & Chief Risk Officer
  • Mr. Daniel F. Harris C.F.A., CFA, Head of Investor Relations (Age 48)
  • Mr. Erik G. Barrios, Chief Compliance Officer & Sec. (Age 42)
  • Mr. Jonathan D. Pearl, Managing Director
  • Ms. Grishma Parekh, Managing Director and Head of Carlyle Mezzanine Partners
  • Mr. Inoki A. Suarez, Managing Director of Global Market Strategies
  • Mr. Taylor Boswell, Chief Investment Officer of Direct Lending
  • Mr. Peter Gaunt, Treasurer (Age 40)
  • Mr. S. Taylor Roach, VP

Who are some of TCG BDC's key competitors?

What other stocks do shareholders of TCG BDC own?

When did TCG BDC IPO?

(CGBD) raised $171 million in an initial public offering 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 acted as the underwriters for the IPO and HSBC and Mizuho Securities were co-managers.

What is TCG BDC's stock symbol?

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

Who are TCG BDC's major shareholders?

TCG BDC's stock is owned by a number of institutional and retail investors. Top institutional investors include Morgan Stanley (2.94%), Van ECK Associates Corp (1.59%), Truist Financial Corp (1.16%), HighTower Advisors LLC (1.11%), Sumitomo Mitsui Trust Holdings Inc. (0.79%) and BlackRock Inc. (0.65%). Company insiders that own TCG BDC stock include John G Nestor, Linda Pace and Thomas M Hennigan.
View institutional ownership trends for TCG BDC
.

Which major investors are selling TCG BDC stock?

CGBD stock was sold by a variety of institutional investors in the last quarter, including HighTower Advisors LLC, Truist Financial Corp, Virtus ETF Advisers LLC, Guggenheim Capital LLC, Cresset Asset Management LLC, WealthTrust Axiom LLC, Mckinley Capital Management LLC Delaware, and Glenmede Trust Co. NA.
View insider buying and selling activity for TCG BDC
or view top insider-selling stocks.

Which major investors are buying TCG BDC stock?

CGBD stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., Novare Capital Management LLC, ExodusPoint Capital Management LP, Blair William & Co. IL, Alliancebernstein L.P., and Virtu Financial LLC. Company insiders that have bought TCG BDC stock in the last two years include John G Nestor, Linda Pace, and Thomas M Hennigan.
View insider buying and selling activity for TCG BDC
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TCG BDC's stock price today?

One share of CGBD stock can currently be purchased for approximately $13.02.

How much money does TCG BDC make?

TCG BDC has a market capitalization of $716.74 million and generates $221.30 million in revenue each year. The company earns $61.33 million in net income (profit) each year or $1.79 on an earnings per share basis.

What is TCG BDC's official website?

The official website for TCG BDC is www.tcgbdc.com.

Where are TCG BDC's headquarters?

TCG BDC is headquartered at 520 Madison Avenue 40th Floor, New York NY, 10022.

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]


This page was last updated on 3/8/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.