TCG BDC, Inc., formerly Carlyle GMS Finance, Inc., is a managed and non-diversified closed-end investment company. The Company is focused on lending to middle market companies. The Company's investment objective is to generate current income and capital appreciation primarily through debt investments in the United States and middle market companies. The Company seeks to achieve its investment objective primarily through direct originations of secured debt, including first lien senior secured loans and second lien senior secured loans. The Company's first lien senior secured loans include stand-alone first lien loans, first lien/last out loans, and unitranche loans. Second lien senior secured loans (Middle Market Senior Loans), with the balance of its assets invested yielding in higher investments include unsecured debt, mezzanine debt and investments in equities. The Company's investment adviser is Carlyle GMS Investment Management L.L.C.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Private households
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CGBD
CUSIPN/A
Phone212-813-4900
Debt
Debt-to-Equity Ratio0.71
Current Ratio0.76
Quick Ratio0.76
Price-To-Earnings
Trailing P/E Ratio9.85
Forward P/E Ratio10.58
P/E Growth5.3
Sales & Book Value
Annual Sales$165 million
Price / Sales6.50
Cash Flow$1.4343 per share
Price / Cash11.95
Book Value$18.12 per share
Price / Book0.95
Profitability
EPS (Most Recent Fiscal Year)$1.74
Net Income$84.20 million
Net Margins49.96%
Return on Equity8.73%
Return on Assets5.04%
Miscellaneous
EmployeesN/A
Outstanding Shares62,570,000
Market Cap$1,073.68
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 announced a quarterly dividend on Friday, May 4th. Shareholders of record on Friday, June 29th will be given a dividend of $0.37 per share on Tuesday, July 17th. This represents a $1.48 annualized dividend and a yield of 8.63%. The ex-dividend date is Thursday, June 28th. View Tcg Bdc's Dividend History.
How were Tcg Bdc's earnings last quarter?
Tcg Bdc (NASDAQ:CGBD) announced its earnings results on Friday, May, 4th. The company reported $0.40 earnings per share for the quarter, hitting analysts' consensus estimates of $0.40. The business had revenue of $47.48 million for the quarter, compared to analyst estimates of $48.08 million. Tcg Bdc had a net margin of 49.96% and a return on equity of 8.73%. During the same quarter in the previous year, the firm posted $0.01 earnings per share. View Tcg Bdc's Earnings History.
When is Tcg Bdc's next earnings date?
What price target have analysts set for CGBD?
3 brokers have issued 12-month price objectives for Tcg Bdc's shares. Their forecasts range from $19.00 to $20.00. On average, they anticipate Tcg Bdc's stock price to reach $19.50 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Ratings for Tcg Bdc.
What is the consensus analysts' recommendation for Tcg Bdc?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tcg Bdc in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Tcg Bdc's key competitors?
Some companies that are related to Tcg Bdc include Shaftesbury (SHABF), Ladbrokes Coral (LDCOY), CASIO COMPUTER/ADR (CSIOY), HITACHI Chem Co/ADR (HCHMY), Air China (AIRYY), Osram Licht (OSAGF), COBHAM PLC/ADR (CBHMY), RPC Group (RPCGF), ROTORK PLC/ADR (RTOXY), Freenet (FRTAF), JUST EAT PLC/ADR (JSTTY), Mediaset (MDIUY), Aurora Cannabis (ACBFF), Sophos Group (SPHHF) and POLYMETAL Intl/S (AUCOY).
Who are Tcg Bdc's key executives?
Tcg Bdc's management team includes the folowing people:
- Michael A. Hart, Chairman of the Board, Chief Executive Officer (Age 55)
- Jeffrey S. Levin, President (Age 36)
- Venugopal Rathi, Chief Financial Officer, Treasurer (Age 37)
- Orit Mizrachi, Chief Operating Officer (Age 44)
- Leslie E. Bradford, Independent Director
When did Tcg Bdc IPO?
(CGBD) raised $171 million in an initial public offering (IPO) on Wednesday, June 14th 2017. The company issued 9,000,000 shares at $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.
Has Tcg Bdc been receiving favorable news coverage?
News articles about CGBD stock have trended somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tcg Bdc earned a coverage optimism score of 0.09 on Accern's scale. They also gave press coverage about the company an impact score of 45.96 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Tcg Bdc's major shareholders?
Which institutional investors are buying Tcg Bdc stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Tcg Bdc's stock price today?
One share of CGBD stock can currently be purchased for approximately $17.14.
How big of a company is Tcg Bdc?
Tcg Bdc has a market capitalization of $1.07 billion and generates $165 million in revenue each year. The company earns $84.20 million in net income (profit) each year or $1.74 on an earnings per share basis.
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)
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.
