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

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

TCG BDC announced a quarterly dividend on Monday, November 4th. Shareholders 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 yield of 10.49%. The ex-dividend date of this dividend is Monday, December 30th. View TCG BDC's Dividend History.

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

TCG BDC is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for TCG BDC.

TCG BDC will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokerages have issued 1-year price targets for TCG BDC's stock. Their forecasts range from $15.00 to $15.00. On average, they expect TCG BDC's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for TCG BDC.

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

News headlines about CGBD stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TCG BDC earned a news impact score of -4.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for TCG BDC.

TCG BDC saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 889,400 shares, an increase of 116.9% from the December 15th total of 410,100 shares. Based on an average daily trading volume, of 370,600 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.6% of the shares of the stock are short sold. View TCG BDC's Current Options Chain.

Some companies that are related to TCG BDC include Mediaset (MDIUY), AMS AG/ADR (AMSSY), HAYS PLC/ADR (HAYPY), KONICA MINOLTA/ADR (KNCAY), Flughafen Wien (VIAAY), ACERINOX SA/ADR (ANIOY), freenet (FRTAF), NIPPON YUSEN KA/S (NPNYY), Grafton Group (GROUF), WOOLWORTHS HOLD/GDR (WLWHY), Udg Healthcare (UDHCF), Victrex (VTXPF), ROYAL MAIL PLC/ADR (ROYMY), Loomis (LOIMF) and NIHON KOHDEN CO/ADR (NHNKY).

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), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), AT&T (T), Triplepoint Venture Growth BDC (TPVG), BlackRock TCP Capital (TCPC), THL Credit (TCRD) and Oxford Lane Capital (OXLC).

(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.

TCG BDC's stock is owned by many different of retail and institutional investors. Top institutional investors include Barnett & Company Inc. (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.

CGBD stock was acquired by a variety of institutional investors in the last quarter, including Barnett & Company Inc.. 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.

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.

One share of CGBD stock can currently be purchased for approximately $14.11.

TCG BDC has a market capitalization of $832.63 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.

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

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]