NASDAQ:CGBDTCG BDC Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TCG BDC Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.94 +0.02 (+0.25 %) (As of 07/13/2020 04:00 PM ET) Add Compare Share Today's Range$7.80Now: $7.94▼$7.9850-Day Range$7.92MA: $8.92▼$10.1052-Week Range$4.30Now: $7.94▼$15.46Volume255,200 shsAverage Volume499,525 shsMarket Capitalization$447.09 millionP/E RatioN/ADividend Yield18.64%Beta2.21 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.1 Analyst's Opinion Consensus RatingTCG BDC has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.56, TCG BDC has a potential upside of 7.8% from its current price of $7.94.Amount of Analyst CoverageTCG BDC has only been the subject of 3 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTCG BDC has received 174 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTCG BDC has received 215 “underperform” votes. (Add your “underperform” vote.)Community SentimentTCG BDC has received 55.27% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipTCG BDC is a leading dividend payer. It pays a dividend yield of 18.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTCG BDC has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TCG BDC is 82.68%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, TCG BDC will have a dividend payout ratio of 104.23% in the coming year. This indicates that TCG BDC may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TCG BDC insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.24% of the stock of TCG BDC is held by insiders.Percentage Held by InstitutionsOnly 28.96% of the stock of TCG BDC is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TCG BDC are expected to decrease by -4.70% in the coming year, from $1.49 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TCG BDC is -4.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TCG BDC is -4.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTCG BDC has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.12 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Private households Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CGBD Previous Symbol CUSIPN/A CIK1544206 Webwww.tcgbdc.com Phone212-813-4900Debt Debt-to-Equity Ratio1.58 Current Ratio1.00 Quick Ratio1.00Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio5.33 P/E GrowthN/A Sales & Book Value Annual Sales$221.30 million Price / Sales2.02 Cash Flow$1.96 per share Price / Cash Flow4.05 Book Value$16.21 per share Price / Book0.49Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$61.33 million Net Margins-43.15% Return on Equity11.07% Return on Assets4.78%Miscellaneous EmployeesN/A Outstanding Shares56,309,000Market Cap$447.09 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NASDAQ:CGBD Rates by TradingView 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 How has TCG BDC's stock been impacted by COVID-19 (Coronavirus)? TCG BDC's stock was trading at $11.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CGBD stock has decreased by 29.8% and is now trading at $7.94. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TCG BDC? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TCG BDC in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TCG BDC. When is TCG BDC's next earnings date? TCG BDC is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for TCG BDC. How were TCG BDC's earnings last quarter? TCG BDC Inc (NASDAQ:CGBD) released its earnings results on Tuesday, May, 5th. The company reported $0.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.03. The firm had revenue of $38.37 million for the quarter, compared to analysts' expectations of $37.29 million. TCG BDC had a negative net margin of 43.15% and a positive return on equity of 11.07%. View TCG BDC's earnings history. How often does TCG BDC pay dividends? What is the dividend yield for TCG BDC? TCG BDC announced a quarterly dividend on Thursday, May 7th. Investors of record on Tuesday, June 30th will be given a dividend of $0.37 per share on Friday, July 17th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 18.64%. The ex-dividend date of this dividend is Monday, June 29th. View TCG BDC's dividend history. What guidance has TCG BDC issued on next quarter's earnings? TCG BDC updated its first quarter 2020 Pre-Market earnings guidance on Friday, April, 24th. The company provided EPS guidance of 0.39-0.42 for the period, compared to the Thomson Reuters consensus estimate of $0.40. What price target have analysts set for CGBD? 4 brokers have issued 12 month price objectives for TCG BDC's stock. Their forecasts range from $8.25 to $9.00. On average, they expect TCG BDC's stock price to reach $8.56 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View analysts' price targets for TCG BDC. Has TCG BDC been receiving favorable news coverage? Media stories about CGBD stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. 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 daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about TCG BDC. Are investors shorting TCG BDC? TCG BDC saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 229,600 shares, a decrease of 22.7% from the June 15th total of 297,200 shares. Based on an average trading volume of 540,400 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are short sold. View TCG BDC's Current Options Chain. Who are some of TCG BDC's key competitors? Some companies that are related to TCG BDC include BR Malls Participacoes (BRMSY), WOOLWORTHS HOLD/GDR (WLWHY), DOMINOS PIZZA U/ADR (DPUKY), DeNA (DNACF), KONICA MINOLTA/ADR (KNCAY), DUFRY AG/ADR (DUFRY), TOKUYAMA CORP/ADR (TKYMY), INDRA SISTEMAS/ADR (ISMAY), Zealand Pharma Aktieselskabet (ZLDPF), Chow Tai Fook Jewellery Group (LFSYY), BPOST SA/ADR (BPOSY), OUTOKUMPU OYJ/ADR (OUTKY), Acacia Mining (ABGLF), WILLIAM HILL PL/ADR (WIMHY) and Hochschild Mining (HCHDF). View all competitors. What other stocks do shareholders of TCG BDC own? Based on aggregate information from My MarketBeat watchlists, some companies that other TCG BDC investors own include Hercules Capital (HTGC), Energy Transfer LP Unit (ET), Ares Capital (ARCC), New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Triplepoint Venture Growth BDC (TPVG), THL Credit (TCRD), NGL Energy Partners (NGL) and Oxford Lane Capital (OXLC). Who are TCG BDC's key executives? TCG BDC's management team includes the following people: Mr. Michael A. Hart, Chairman & CEO (Age 57)Mr. Jeffrey S. Levin, PresMr. Thomas M. Hennigan, CFO, Chief Risk Officer and Head of Underwriting & Portfolio ManagementMr. 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 initial public offering 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 served 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." 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 $7.94. How big of a company is TCG BDC? TCG BDC has a market capitalization of $447.09 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. 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 7/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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