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, February 24th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.37 per share on Friday, April 17th. This represents a $1.48 annualized dividend and a yield of 12.16%. The ex-dividend date is Monday, March 30th. View TCG BDC's Dividend History.

TCG BDC Inc (NASDAQ:CGBD) announced its quarterly earnings data on Tuesday, February, 25th. The company reported $0.43 EPS for the quarter, hitting analysts' consensus estimates of $0.43. The firm earned $53.47 million during the quarter, compared to analyst estimates of $55.10 million. TCG BDC had a net margin of 27.71% and a return on equity of 10.54%. During the same period in the prior year, the company posted $0.47 earnings per share. View TCG BDC's Earnings History.

TCG BDC is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for TCG BDC.

2 analysts have issued twelve-month price targets for TCG BDC's stock. Their forecasts range from $14.00 to $15.00. On average, they expect TCG BDC's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 19.1% 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 coverage about CGBD stock has been trending positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TCG BDC earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect 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 February. As of February 14th, there was short interest totalling 611,600 shares, an increase of 27.0% from the January 30th total of 481,700 shares. Based on an average daily volume of 403,700 shares, the short-interest ratio is currently 1.5 days. Currently, 1.1% of the company's shares are short sold. View TCG BDC's Current Options Chain.

Some companies that are related to TCG BDC include KONICA MINOLTA/ADR (KNCAY), NIHON KOHDEN CO/ADR (NHNKY), ORIENT OVS INTL/ADR (OROVY), ACERINOX SA/ADR (ANIOY), Loomis (LOIMF), NIPPON YUSEN KA/S (NPNYY), Udg Healthcare (UDHCF), Victrex (VTXPF), WOOLWORTHS HOLD/GDR (WLWHY), ROYAL MAIL PLC/ADR (ROYMY), INDRA SISTEMAS/ADR (ISMAY), OUTOKUMPU OYJ/ADR (OUTKY), DeNA (DNACF), DOMINOS PIZZA U/ADR (DPUKY) and FIRSTGROUP/ADR (FGROY).

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

(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 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 institutional and retail 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 bought 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 $12.18.

TCG BDC has a market capitalization of $696.19 million and generates $221.30 million in revenue each year. The company earns $39.12 million in net income (profit) each year or $1.79 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]