NASDAQ:CGBD TCG BDC Stock Forecast, Price & 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 $9.21 -0.05 (-0.54 %) (As of 09/17/2020 12:00 AM ET) Add Compare Share Today's Range$9.12Now: $9.21▼$9.3050-Day Range$8.14MA: $8.92▼$9.4552-Week Range$4.30Now: $9.21▼$15.06Volume178,895 shsAverage Volume428,358 shsMarket Capitalization$518.60 millionP/E RatioN/ADividend Yield15.98%Beta2.1 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 1.3 Analyst's Opinion Consensus RatingTCG BDC has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, TCG BDC has a forecasted downside of 2.3% from its current price of $9.21.Amount of Analyst CoverageTCG BDC has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTCG BDC has received 176 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTCG BDC has received 219 “underperform” votes. (Add your “underperform” vote.)Community SentimentTCG BDC has received 55.44% “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 15.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTCG BDC does not have a long track record of dividend growth.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 100.68% in the coming year. This indicates that TCG BDC may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TCG BDC insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,250.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.32% of the stock of TCG BDC is held by insiders.Percentage Held by InstitutionsOnly 26.30% 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 -3.29% in the coming year, from $1.52 to $1.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TCG BDC is -10.59, 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 -10.59, 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 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.75 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 Ratio1.24 Current Ratio0.76 Quick Ratio0.76Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio6.06 P/E GrowthN/A Sales & Book Value Annual Sales$221.30 million Price / Sales2.34 Cash Flow$1.92 per share Price / Cash Flow4.80 Book Value$16.21 per share Price / Book0.57Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$61.33 million Net Margins-23.24% Return on Equity10.97% Return on Assets4.60%Miscellaneous EmployeesN/A Outstanding Shares56,308,000Market Cap$518.60 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $9.21 -0.05 (-0.54 %) (As of 09/17/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by Coronavirus? TCG BDC's stock was trading at $11.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CGBD shares have decreased by 18.6% and is now trading at $9.21. View which stocks have been most impacted by COVID-19. 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, November 3rd 2020. View our earnings forecast for TCG BDC. How were TCG BDC's earnings last quarter? TCG BDC Inc (NASDAQ:CGBD) announced its quarterly earnings data on Tuesday, August, 4th. The company reported $0.38 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.02. The business earned $35.83 million during the quarter, compared to analysts' expectations of $33.37 million. TCG BDC had a negative net margin of 23.24% and a positive return on equity of 10.97%. 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 None dividend on Monday, August 3rd. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.37 per share on Friday, October 16th. This represents a dividend yield of 14.2%. The ex-dividend date of this dividend is Tuesday, September 29th. View TCG BDC's dividend history. What price target have analysts set for CGBD? 4 equities research analysts have issued 12-month price targets for TCG BDC's shares. Their forecasts range from $8.50 to $10.00. On average, they expect TCG BDC's stock price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View analysts' price targets for TCG BDC. Are investors shorting TCG BDC? TCG BDC saw a decline in short interest in August. As of August 14th, there was short interest totaling 221,300 shares, a decline of 12.5% from the July 30th total of 253,000 shares. Based on an average trading volume of 308,200 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company's shares are sold short. View TCG BDC's Short Interest. Who are some of TCG BDC's key competitors? Some companies that are related to TCG BDC include DOMINOS PIZZA U/ADR (DPUKY), BPOST SA/ADR (BPOSY), Saipem (SAPMF), Flughafen Wien (VIAAY), DUFRY AG/ADR (DUFRY), Jungheinrich (JGHAF), Loomis (LOIMF), BR Malls Participacoes (BRMSY), TOKUYAMA CORP/ADR (TKYMY), Hochschild Mining (HCHDF), KONICA MINOLTA/ADR (KNCAY), INDRA SISTEMAS/ADR (ISMAY), Alacer Gold (DPMLF), SSP GROU/PAR VTG FPD 0.01033333 (SSPPF) and Zealand Pharma Aktieselskabet (ZLDPF). 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 Energy Transfer LP Unit (ET), Hercules Capital (HTGC), Ares Capital (ARCC), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), New Residential Investment (NRZ), Prospect Capital (PSEC), AT&T (T), THL Credit (TCRD) and Triplepoint Venture Growth BDC (TPVG). 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." Who are TCG BDC's major shareholders? TCG BDC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include HighTower Advisors LLC (2.35%), Two Sigma Advisers LP (0.89%), Sumitomo Mitsui Trust Holdings Inc. (0.72%), West Family Investments Inc. (0.55%), Mckinley Capital Management LLC Delaware (0.39%) and Bank of America Corp DE (0.37%). Company insiders that own TCG BDC stock include John G Nestor, Linda Pace, Michael Anthony Hart, Thomas M Hennigan and Venugopal Rathi. View institutional ownership trends for TCG BDC. Which major investors are selling TCG BDC stock? CGBD stock was sold by a variety of institutional investors in the last quarter, including HighTower Advisors LLC, Virtus ETF Advisers LLC, Novare Capital Management LLC, First Republic Investment Management Inc., Glenmede Trust Co. NA, West Family Investments Inc., Bank of America Corp DE, and Aigen Investment Management LP. View insider buying and selling activity for TCG BDC. Which major investors are buying TCG BDC stock? CGBD stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG, Cresset Asset Management LLC, California Public Employees Retirement System, Goldman Sachs Group Inc., Sumitomo Mitsui Trust Holdings Inc., Mckinley Capital Management LLC Delaware, Sigma Planning Corp, and Two Sigma Advisers LP. Company insiders that have bought TCG BDC stock in the last two years include John G Nestor, Linda Pace, Michael Anthony Hart, Thomas M Hennigan, and Venugopal Rathi. View insider buying and selling activity for TCG BDC. 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 $9.21. How big of a company is TCG BDC? TCG BDC has a market capitalization of $518.60 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 9/18/2020 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. 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