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

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

TCG BDC declared a quarterly dividend on Monday, November 4th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.37 per share on Friday, January 17th. This represents a $1.48 annualized dividend and a yield of 10.89%. The ex-dividend date of this dividend is Monday, December 30th. View TCG BDC's Dividend History.

TCG BDC Inc (NASDAQ:CGBD) issued its earnings results on Wednesday, November, 6th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02. The company 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 business's revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business earned $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.

2 brokerages have issued 12 month price objectives for TCG BDC's stock. Their forecasts range from $14.00 to $15.00. On average, they anticipate TCG BDC's stock price to reach $14.50 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets 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 sell rating and 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 somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TCG BDC earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for TCG BDC.

TCG BDC saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 481,700 shares, a decrease of 45.8% from the January 15th total of 889,400 shares. Based on an average daily volume of 399,300 shares, the short-interest ratio is currently 1.2 days. Approximately 0.9% of the shares of the stock are sold short. View TCG BDC's Current Options Chain.

Some companies that are related to TCG BDC include Eutelsat Communications (EUTLF), Flughafen Wien (VIAAY), DUNELM GRP PLC/ADR (DNLMY), KONICA MINOLTA/ADR (KNCAY), Grafton Group (GROUF), freenet (FRTAF), NIHON KOHDEN CO/ADR (NHNKY), NIPPON YUSEN KA/S (NPNYY), Victrex (VTXPF), ACERINOX SA/ADR (ANIOY), Loomis (LOIMF), WOOLWORTHS HOLD/GDR (WLWHY), Udg Healthcare (UDHCF), ROYAL MAIL PLC/ADR (ROYMY) and INDRA SISTEMAS/ADR (ISMAY).

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), Triplepoint Venture Growth BDC (TPVG), AGNC Investment (AGNC), BlackRock TCP Capital (TCPC), THL Credit (TCRD) and Two Harbors Investment (TWO).

(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 served as the underwriters for the IPO and HSBC and Mizuho Securities were co-managers.

TCG BDC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include UBS Group AG (1.12%), Van ECK Associates Corp (1.12%), Sageworth Trust Co (1.09%), Muzinich & Co. Inc. (0.65%), Virtus ETF Advisers LLC (0.57%) and Bank of America Corp DE (0.44%). 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 sold by a variety of institutional investors in the last quarter, including PagnatoKarp Partners LLC, Sageworth Trust Co, First Trust Advisors LP, Oxford Asset Management LLP, Muzinich & Co. Inc., Raymond James Financial Services Advisors Inc., UBS Group AG and Raymond James & Associates. View Insider Buying and Selling for TCG BDC.

CGBD stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Virtus ETF Advisers LLC, Bessemer Group Inc., Aigen Investment Management LP, Bank of America Corp DE, Virtu Financial LLC, Wealthspire Advisors L.P. and First Republic Investment Management 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 $13.59.

TCG BDC has a market capitalization of $801.95 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]