S&P 500   3,091.43 (+0.14%)
DOW   27,697.07 (+0.02%)
QQQ   201.36 (+0.20%)
CGC   19.20 (-5.42%)
BABA   186.64 (-0.04%)
GE   11.43 (+0.71%)
T   39.19 (-0.46%)
F   9.07 (-0.22%)
ACB   3.59 (-0.83%)
BAC   33.09 (-0.27%)
DIS   138.53 (+1.31%)
S&P 500   3,091.43 (+0.14%)
DOW   27,697.07 (+0.02%)
QQQ   201.36 (+0.20%)
CGC   19.20 (-5.42%)
BABA   186.64 (-0.04%)
GE   11.43 (+0.71%)
T   39.19 (-0.46%)
F   9.07 (-0.22%)
ACB   3.59 (-0.83%)
BAC   33.09 (-0.27%)
DIS   138.53 (+1.31%)
Log in

TCG BDC Stock Price, Forecast & Analysis (NASDAQ:CGBD)

$13.64
+0.01 (+0.07 %)
(As of 11/12/2019 02:27 PM ET)
Today's Range
$13.60
Now: $13.64
$13.66
50-Day Range
$13.65
MA: $14.21
$14.98
52-Week Range
$12.19
Now: $13.64
$16.00
Volume7,836 shs
Average Volume281,725 shs
Market Capitalization$804.90 million
P/E Ratio7.88
Dividend Yield10.84%
Beta0.93
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$207.53 million
Cash Flow$2.85 per share
Book Value$16.99 per share

Profitability

Net Income$39.12 million

Miscellaneous

EmployeesN/A
Market Cap$804.90 million
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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.


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 Monday, November 4th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.37 per share on Friday, January 17th. This represents a $1.48 annualized dividend and a dividend yield of 10.85%. The ex-dividend date is Monday, December 30th. View TCG BDC's Dividend History.

How were TCG BDC's earnings last quarter?

TCG BDC Inc (NASDAQ:CGBD) announced its quarterly earnings results on Wednesday, November, 6th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.02. The firm had revenue of $55.78 million for the quarter, compared to analyst estimates of $53.96 million. TCG BDC had a net margin of 14.87% and a return on equity of 10.82%. The company's revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 EPS. 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 25th 2020. View Earnings Estimates for TCG BDC.

What price target have analysts set for CGBD?

2 brokers have issued twelve-month target prices for TCG BDC's shares. Their forecasts range from $15.00 to $15.50. On average, they expect TCG BDC's stock price to reach $15.25 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for TCG BDC.

What is the consensus analysts' recommendation for TCG BDC?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TCG BDC in the last year. There are currently 1 hold rating and 1 buy rating 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 trended very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TCG BDC earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for TCG BDC.

Are investors shorting TCG BDC?

TCG BDC saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 379,200 shares, a decrease of 37.8% from the September 30th total of 609,800 shares. Based on an average daily volume of 312,900 shares, the short-interest ratio is presently 1.2 days. Approximately 0.7% of the shares of the company are sold short. View TCG BDC's Current Options Chain.

Who are some of TCG BDC's key competitors?

What other stocks do shareholders of TCG BDC own?

Who are TCG BDC's key executives?

TCG BDC's management team includes the folowing people:
  • Mr. Michael A. Hart, Chairman & CEO (Age 57)
  • 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 38)
  • Mr. Daniel F. Harris, Head of Investor Relations (Age 46)

When did TCG BDC IPO?

(CGBD) raised $171 million in an IPO on Wednesday, June 14th 2017. The company issued 9,000,000 shares at a price of $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.

Who are TCG BDC's major shareholders?

TCG BDC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sageworth Trust Co (1.41%), First Trust Advisors LP (0.29%), Jag Capital Management LLC (0.12%), Commonwealth Equity Services LLC (0.03%), CFO4Life Group LLC (0.03%) and Round Table Services LLC (0.02%). 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 selling TCG BDC stock?

CGBD stock was sold by a variety of institutional investors in the last quarter, including Sageworth Trust Co. View Insider Buying and Selling for TCG BDC.

Which major investors are buying TCG BDC stock?

CGBD stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, CFO4Life Group LLC, Round Table Services LLC, Envestnet Asset Management Inc., Homrich & Berg, Jag Capital Management LLC, Keybank National Association OH and Commonwealth Equity Services 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, Robinhood, Fidelity and Charles Schwab.

What is TCG BDC's stock price today?

One share of CGBD stock can currently be purchased for approximately $13.64.

How big of a company is TCG BDC?

TCG BDC has a market capitalization of $804.90 million and generates $207.53 million in revenue each year. The company earns $39.12 million in net income (profit) each year or $1.73 on an earnings per share basis. View Additional Information About TCG BDC.

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:  2.4 out of 5 (star star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  178 (Vote Underperform)
Total Votes:  337
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 11/12/2019 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.

Yahoo Gemini Pixel