NASDAQ:CGBD - Tcg Bdc Stock Price, Price Target & More

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$17.91 +0.06 (+0.34 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$17.91
Today's Range$17.70 - $17.99
52-Week Range$16.73 - $20.30
Volume123,427 shs
Average Volume153,721 shs
Market Capitalization$1.12 billion
P/E Ratio10.29
Dividend Yield8.29%
Tcg Bdc logoTCG 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Private households


Debt-to-Equity Ratio0.71
Current Ratio0.76
Quick Ratio0.76


Trailing P/E Ratio10.29
Forward P/E Ratio11.06
P/E Growth5.51

Sales & Book Value

Annual Sales$165 million
Price / Sales6.79
Cash Flow$1.4409 per share
Price / Cash12.43
Book Value$18.12 per share
Price / Book0.99


EPS (Most Recent Fiscal Year)$1.74
Net Income$84.20 million
Net Margins49.96%
Return on Equity8.73%
Return on Assets5.04%


Outstanding Shares62,570,000
Market Cap$1,116.85

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. Investors 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 dividend on an annualized basis and a yield of 8.26%. The ex-dividend date of this dividend is Thursday, June 28th. View Tcg Bdc's Dividend History.

How were Tcg Bdc's earnings last quarter?

Tcg Bdc (NASDAQ:CGBD) issued its quarterly earnings data on Friday, May, 4th. The company reported $0.40 EPS for the quarter, hitting analysts' consensus estimates of $0.40. The business earned $47.48 million during the quarter, compared to the consensus estimate of $48.08 million. Tcg Bdc had a net margin of 49.96% and a return on equity of 8.73%. During the same period last year, the business posted $0.01 earnings per share. View Tcg Bdc's Earnings History.

When is Tcg Bdc's next earnings date?

Tcg Bdc is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Tcg Bdc.

What price target have analysts set for CGBD?

3 brokerages have issued 12-month price targets for Tcg Bdc's stock. Their predictions range from $19.00 to $20.00. On average, they expect Tcg Bdc's share price to reach $19.50 in the next year. This suggests a possible upside of 8.9% 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?

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

Has Tcg Bdc been receiving favorable news coverage?

News stories about CGBD stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tcg Bdc earned a daily sentiment score of 0.04 on Accern's scale. They also assigned media headlines about the company an impact score of 46.93 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Tcg Bdc's major shareholders?

Tcg Bdc's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sageworth Trust Co (0.67%) and Mckinley Capital Management LLC Delaware (0.25%). View Institutional Ownership Trends for Tcg Bdc.

Which major investors are buying Tcg Bdc stock?

CGBD stock was purchased by a variety of institutional investors in the last quarter, including Sageworth Trust Co and Mckinley Capital Management LLC Delaware. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Tcg Bdc's stock price today?

One share of CGBD stock can currently be purchased for approximately $17.91.

How big of a company is Tcg Bdc?

Tcg Bdc has a market capitalization of $1.12 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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  155
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.
This page was last updated on 7/21/2018 by Staff

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