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. Investors 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 dividend on an annualized basis and a yield of 10.39%. The ex-dividend date of this dividend is Monday, December 30th. View TCG BDC's Dividend History.

TCG BDC Inc (NASDAQ:CGBD) released its quarterly earnings data on Wednesday, November, 6th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.02. The business had revenue of $55.78 million for 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%. The firm's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.41 EPS. 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 brokers have issued 1-year price objectives for TCG BDC's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate TCG BDC's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 5.3% 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 articles about CGBD stock have trended negative on Friday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TCG BDC earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave media headlines 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 next few days. View News Stories for TCG BDC.

TCG BDC saw a increase in short interest in 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 trading volume of 370,600 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.6% of the shares of the company are short sold. View TCG BDC's Current Options Chain.

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

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

TCG BDC's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 bought 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 $14.25.

TCG BDC has a market capitalization of $840.94 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]