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
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 Ratio10.09
Forward P/E Ratio10.83
P/E Growth5.43
Sales & Book Value
Annual Sales$165 million
Price / Sales6.66
Cash Flow$1.4362 per share
Price / Cash12.22
Book Value$18.12 per share
Price / Book0.97
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
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 paid a dividend of $0.37 per share on Tuesday, July 17th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.43%. 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) posted its quarterly earnings data on Friday, May, 4th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.40. The company had revenue of $47.48 million for the quarter, compared to analyst estimates of $48.08 million. Tcg Bdc had a return on equity of 8.73% and a net margin of 49.96%. During the same period in the prior year, the company posted $0.01 EPS. View Tcg Bdc's Earnings History.
What price target have analysts set for CGBD?
5 brokerages have issued 1-year price objectives for Tcg Bdc's stock. Their forecasts range from $18.50 to $20.00. On average, they expect Tcg Bdc's share price to reach $19.1250 in the next twelve months. View Analyst Ratings for Tcg Bdc.
Who are some of Tcg Bdc's key competitors?
Some companies that are related to Tcg Bdc include Dainippon Screen (DINRF), Orion (ORINY), Howdens Joinery (HWDJY), Shaftesbury (SHABF), Ladbrokes Coral (LDCOY), CASIO COMPUTER/ADR (CSIOY), COBHAM PLC/ADR (CBHMY), Rotork (RTOXY), Freenet (FRTAF), Mediaset (MDIUY), JUST EAT PLC/ADR (JSTTY), RPC Group (RPCGF), Polymetal International (AUCOY), SmartCentres Real Estate Investment Trst (CWYUF) and ACERINOX SA/ADR (ANIOY).
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 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.
Has Tcg Bdc been receiving favorable news coverage?
News headlines about CGBD stock have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tcg Bdc earned a news sentiment score of 0.17 on Accern's scale. They also gave headlines about the company an impact score of 45.58 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Tcg Bdc's major shareholders?
Tcg Bdc's stock is owned by many different of retail and institutional investors. Top institutional investors include UBS Group AG (1.82%), PagnatoKarp Partners LLC (0.80%), Suntrust Banks Inc. (0.74%), Van ECK Associates Corp (0.70%), BlackRock Inc. (0.56%) and Sageworth Trust Co (0.23%). View Institutional Ownership Trends for Tcg Bdc.
Which institutional investors are selling Tcg Bdc stock?
Which institutional investors are buying Tcg Bdc stock?
CGBD stock was purchased by a variety of institutional investors in the last quarter, including Suntrust Banks Inc., BlackRock Inc., Mckinley Capital Management LLC Delaware, Sageworth Trust Co, Atlantic Trust Group LLC, Wells Fargo & Company MN, Guggenheim Capital LLC and Element Capital Management LLC. 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 $17.55.
How big of a company is Tcg Bdc?
Tcg Bdc has a market capitalization of $1.10 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 (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.
