TCG BDC Stock Price, News & Analysis (NASDAQ:CGBD)

$18.10 +0.24 (+1.34 %)
(As of 02/20/2018 02:41 AM ET)
Previous Close$17.86
Today's Range$17.77 - $18.19
52-Week Range$16.76 - $20.30
Volume104,500 shs
Average Volume129,397 shs
Market Capitalization$1.13 billion
P/E RatioN/A
Dividend Yield8.29%
BetaN/A

About TCG BDC (NASDAQ:CGBD)

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

Industry Corporate Financial Services
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CGBD
CUSIPN/A
Phone212-813-4900

Debt

Debt-to-Equity Ratio0.76%
Current Ratio0.89%
Quick Ratio0.89%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio10.65
P/E Growth5.61

Sales & Book Value

Annual Sales$110.97 million
Price / Sales10.15
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net Income$69.80 million
Net Margins50.18%
Return on Equity8.82%
Return on Assets4.94%

Miscellaneous

EmployeesN/A
Outstanding Shares62,210,000

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 Wednesday, November 8th. Investors of record on Friday, December 29th will be paid a dividend of $0.37 per share on Wednesday, January 17th. This represents a $1.48 dividend on an annualized basis and a yield of 8.18%. The ex-dividend date of this dividend is Thursday, December 28th. View TCG BDC's Dividend History.

How were TCG BDC's earnings last quarter?

TCG BDC, Inc. (NASDAQ:CGBD) announced its quarterly earnings data on Tuesday, November, 7th. The company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.00. The firm earned $42.65 million during the quarter, compared to the consensus estimate of $43.50 million. TCG BDC had a net margin of 50.18% and a return on equity of 8.82%. View TCG BDC's Earnings History.

Where is TCG BDC's stock going? Where will TCG BDC's stock price be in 2018?

4 brokerages have issued 12-month price targets for TCG BDC's shares. Their predictions range from $18.50 to $20.00. On average, they expect TCG BDC's share price to reach $19.13 in the next twelve months. View Analyst Ratings for TCG BDC.

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 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.

Who owns TCG BDC stock?

TCG BDC's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include AFA SJUKFOERSAEKRINGSAKTIEBOLAG (4.62%), Muzinich & Co. Inc. (1.78%), Arrowstreet Capital Limited Partnership (0.37%), West Family Investments Inc. (0.34%), Advisory Research Inc. (0.34%) and Sumitomo Mitsui Asset Management Company LTD (0.33%). View Institutional Ownership Trends for TCG BDC.

Who sold TCG BDC stock? Who is selling TCG BDC stock?

TCG BDC's stock was sold by a variety of institutional investors in the last quarter, including West Family Investments Inc.. View Insider Buying and Selling for TCG BDC.

Who bought TCG BDC stock? Who is buying TCG BDC stock?

TCG BDC's stock was acquired by a variety of institutional investors in the last quarter, including Muzinich & Co. Inc., Millennium Management LLC, Arrowstreet Capital Limited Partnership, Suntrust Banks Inc., Sageworth Trust Co, Raymond James Financial Services Advisors Inc., Two Sigma Investments LP and Wells Fargo & Company MN. View Insider Buying and Selling for TCG BDC.

How do I buy TCG BDC stock?

Shares of TCG BDC 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 TCG BDC stock can currently be purchased for approximately $18.10.

How big of a company is TCG BDC?

TCG BDC has a market capitalization of $1.13 billion and generates $110.97 million in revenue each year.

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.


MarketBeat Community Rating for TCG BDC (CGBD)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  79
MarketBeat's community ratings are surveys of what our community members think about TCG BDC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

TCG BDC (NASDAQ:CGBD) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $19.13$19.13$19.13$19.13
Price Target Upside: 1.89% upside1.89% upside1.89% upside5.55% upside

TCG BDC (NASDAQ:CGBD) Consensus Price Target History

Price Target History for TCG BDC (NASDAQ:CGBD)

TCG BDC (NASDAQ:CGBD) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Keefe, Bruyette & WoodsReiterated RatingBuy$20.00N/AView Rating Details
7/10/2017Bank of AmericaInitiated CoverageBuy -> Buy$19.00LowView Rating Details
7/10/2017Wells Fargo & CoInitiated CoverageOutperform -> Outperform$18.50LowView Rating Details
7/10/2017JPMorgan Chase & Co.Initiated CoverageOverweight -> Overweight$19.00LowView Rating Details
(Data available from 2/20/2016 forward)

Earnings

TCG BDC (NASDAQ:CGBD) Earnings History and Estimates Chart

Earnings by Quarter for TCG BDC (NASDAQ:CGBD)

TCG BDC (NASDAQ CGBD) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017Q3 2017$0.41$0.41$43.50 million$42.65 millionViewN/AView Earnings Details
8/8/2017Q2 2017$0.36$0.47ViewN/AView Earnings Details
5/10/2017Q1 2017$0.46ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

TCG BDC (NASDAQ:CGBD) Earnings Estimates

Current Year EPS Consensus Estimate: $1.7 EPS
Next Year EPS Consensus Estimate: $1.61 EPS

Dividends

TCG BDC (NASDAQ:CGBD) Dividend Information

Most Recent Dividend:1/17/2018
Annual Dividend:$1.48
Dividend Yield:8.18%
Payout Ratio:87.06% (Based on This Year's Estimates)
91.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TCG BDC (NASDAQ:CGBD)

TCG BDC (NASDAQ:CGBD) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/8/2017quarterly$0.378.15%12/28/201712/29/20171/17/2018
8/10/2017quarterly$0.378.05%9/28/20179/29/201710/18/2017
6/21/2017Quarterly$0.376/28/20176/30/20177/18/2017
(Data available from 1/1/2013 forward)

Insider Trades

TCG BDC (NASDAQ CGBD) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.10%
Institutional Ownership Percentage: 10.07%
Insider Trades by Quarter for TCG BDC (NASDAQ:CGBD)
Insider Trades by Quarter for TCG BDC (NASDAQ:CGBD)

TCG BDC (NASDAQ CGBD) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/5/2017John G NestorDirectorBuy10,000$18.55$185,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

TCG BDC (NASDAQ CGBD) News Headlines

Source:
DateHeadline
 Analysts Set $19.13 Price Target for TCG BDC, Inc. (CGBD) Analysts Set $19.13 Price Target for TCG BDC, Inc. (CGBD)
www.americanbankingnews.com - February 17 at 11:18 PM
 TCG BDC, Inc. (CGBD) Receives Consensus Recommendation of "Strong Buy" from Analysts TCG BDC, Inc. (CGBD) Receives Consensus Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - February 12 at 9:40 PM
TCG BDC (CGBD) Stock Rating Upgraded by Zacks Investment ResearchTCG BDC (CGBD) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - February 11 at 7:30 PM
Zacks: TCG BDC, Inc. (CGBD) Given $19.25 Consensus Target Price by BrokeragesZacks: TCG BDC, Inc. (CGBD) Given $19.25 Consensus Target Price by Brokerages
www.americanbankingnews.com - February 6 at 3:34 AM
Zacks: TCG BDC, Inc. (CGBD) Receives Average Recommendation of "Strong Buy" from AnalystsZacks: TCG BDC, Inc. (CGBD) Receives Average Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - February 2 at 5:32 AM
 TCG BDC, Inc. (CGBD) Receives Average Rating of "Strong Buy" from Analysts TCG BDC, Inc. (CGBD) Receives Average Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - January 25 at 1:47 PM
TCG BDC (CGBD) Downgraded by Zacks Investment Research to SellTCG BDC (CGBD) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - January 12 at 7:26 PM
Zacks: TCG BDC, Inc. (CGBD) Given $19.25 Consensus Target Price by AnalystsZacks: TCG BDC, Inc. (CGBD) Given $19.25 Consensus Target Price by Analysts
www.americanbankingnews.com - January 10 at 1:44 AM
Comparing INTL Fcstone (INTL) & TCG BDC (CGBD)Comparing INTL Fcstone (INTL) & TCG BDC (CGBD)
www.americanbankingnews.com - January 1 at 11:24 AM
Financial Analysis: INTL Fcstone (INTL) and TCG BDC (CGBD)Financial Analysis: INTL Fcstone (INTL) and TCG BDC (CGBD)
www.americanbankingnews.com - December 31 at 3:28 PM
 TCG BDC, Inc. (CGBD) Receives Average Recommendation of "Strong Buy" from Brokerages TCG BDC, Inc. (CGBD) Receives Average Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - December 26 at 9:22 AM
Zacks: TCG BDC, Inc. (CGBD) Given $19.25 Consensus Price Target by AnalystsZacks: TCG BDC, Inc. (CGBD) Given $19.25 Consensus Price Target by Analysts
www.americanbankingnews.com - December 11 at 1:26 AM
TCG BDC, Inc. (CGBD) Director Acquires $185,500.00 in StockTCG BDC, Inc. (CGBD) Director Acquires $185,500.00 in Stock
www.americanbankingnews.com - December 6 at 5:46 PM
Federal Agricultural Mortgage (AGM.A) and TCG BDC (CGBD) Critical SurveyFederal Agricultural Mortgage (AGM.A) and TCG BDC (CGBD) Critical Survey
www.americanbankingnews.com - November 29 at 7:26 PM
Federal Agricultural Mortgage (AGM.A) & TCG BDC (CGBD) Head-To-Head SurveyFederal Agricultural Mortgage (AGM.A) & TCG BDC (CGBD) Head-To-Head Survey
www.americanbankingnews.com - November 26 at 11:30 PM
Zacks: TCG BDC, Inc. (CGBD) Given $19.25 Average Price Target by BrokeragesZacks: TCG BDC, Inc. (CGBD) Given $19.25 Average Price Target by Brokerages
www.americanbankingnews.com - November 26 at 9:34 AM
Zacks: TCG BDC, Inc. (CGBD) Receives Consensus Rating of "Strong Buy" from AnalystsZacks: TCG BDC, Inc. (CGBD) Receives Consensus Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - November 20 at 9:00 AM
Reviewing Federal Agricultural Mortgage Corp. (AGM.A) & TCG BDC (CGBD)Reviewing Federal Agricultural Mortgage Corp. (AGM.A) & TCG BDC (CGBD)
www.americanbankingnews.com - November 19 at 3:24 AM
TCG BDC, Inc. (CGBD) Raised to "Hold" at Zacks Investment ResearchTCG BDC, Inc. (CGBD) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - November 13 at 5:55 PM
TCG BDC, Inc. (CGBD) Plans Quarterly Dividend of $0.37TCG BDC, Inc. (CGBD) Plans Quarterly Dividend of $0.37
www.americanbankingnews.com - November 8 at 5:39 PM
TCG BDC, Inc. Announces Third Quarter 2017 Financial Results and Declares Fourth Quarter 2017 Dividend of $0.37 Per ShareTCG BDC, Inc. Announces Third Quarter 2017 Financial Results and Declares Fourth Quarter 2017 Dividend of $0.37 Per Share
finance.yahoo.com - November 7 at 8:08 PM
TCG BDC, Inc. (CGBD) Issues Quarterly  Earnings Results, Hits ExpectationsTCG BDC, Inc. (CGBD) Issues Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - November 7 at 6:35 PM
Zacks: Analysts Set $19.25 Target Price for TCG BDC, Inc. (CGBD)Zacks: Analysts Set $19.25 Target Price for TCG BDC, Inc. (CGBD)
www.americanbankingnews.com - November 5 at 9:30 PM
Zacks Investment Research Lowers TCG BDC, Inc. (CGBD) to SellZacks Investment Research Lowers TCG BDC, Inc. (CGBD) to Sell
www.americanbankingnews.com - November 3 at 5:54 PM
 TCG BDC, Inc. (CGBD) Given $19.25 Consensus Target Price by Brokerages TCG BDC, Inc. (CGBD) Given $19.25 Consensus Target Price by Brokerages
www.americanbankingnews.com - October 20 at 2:46 AM
TCG BDC, Inc. (CGBD) Downgraded to "Hold" at Zacks Investment ResearchTCG BDC, Inc. (CGBD) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 11 at 5:56 PM
TCG BDC, Inc. Announces Second Quarter 2017 Financial Results and Declares Third Quarter 2017 Dividend of $0.37 Per ShareTCG BDC, Inc. Announces Second Quarter 2017 Financial Results and Declares Third Quarter 2017 Dividend of $0.37 Per Share
finance.yahoo.com - October 9 at 5:47 PM
TCG BDC, Inc. (CGBD) Receives Buy Rating from Keefe, Bruyette & WoodsTCG BDC, Inc. (CGBD) Receives Buy Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - October 7 at 12:58 AM
 Brokerages Set $19.25 Price Target for TCG BDC, Inc. (CGBD) Brokerages Set $19.25 Price Target for TCG BDC, Inc. (CGBD)
www.americanbankingnews.com - October 5 at 12:42 PM
TCG BDC, Inc. (CGBD) Ex-Dividend Date Scheduled for September 28, 2017 - NasdaqTCG BDC, Inc. (CGBD) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq
www.nasdaq.com - September 29 at 8:20 AM
Continued IPOs For The High-Yield BDC SectorContinued IPOs For The High-Yield BDC Sector
seekingalpha.com - September 27 at 7:32 PM
BDC Market Update And Total Returns Since 2014BDC Market Update And Total Returns Since 2014
seekingalpha.com - September 5 at 6:38 PM
Keefe, Bruyette & Woods Reiterates "Buy" Rating for TCG BDC, Inc. (CGBD)Keefe, Bruyette & Woods Reiterates "Buy" Rating for TCG BDC, Inc. (CGBD)
www.americanbankingnews.com - August 31 at 10:04 PM
Contrasting TCG BDC (CGBD) & Banco Latinoamericano de Comercio Exterior, (BLX)Contrasting TCG BDC (CGBD) & Banco Latinoamericano de Comercio Exterior, (BLX)
www.americanbankingnews.com - August 31 at 2:26 PM
Contrasting Tcg Bdc (CGBD) and Federal Agricultural Mortgage Corporation (AGM)Contrasting Tcg Bdc (CGBD) and Federal Agricultural Mortgage Corporation (AGM)
www.americanbankingnews.com - August 23 at 4:26 AM
Tcg Bdc Inc Declares Quarterly Dividend of $0.37 (CGBD)Tcg Bdc Inc Declares Quarterly Dividend of $0.37 (CGBD)
www.americanbankingnews.com - August 10 at 6:12 PM
Financial Survey: Banco Latinoamericano de Comercio Exterior, (BLX) versus Tcg Bdc (NASDAQ:CGBD)Financial Survey: Banco Latinoamericano de Comercio Exterior, (BLX) versus Tcg Bdc (NASDAQ:CGBD)
www.americanbankingnews.com - August 8 at 6:24 PM
Monroe Capital Corporation (MRCC) vs. Tcg Bdc (CGBD) Financial ContrastMonroe Capital Corporation (MRCC) vs. Tcg Bdc (CGBD) Financial Contrast
www.americanbankingnews.com - August 2 at 6:23 PM
Critical Review: NewStar Financial (NEWS) vs. TCG BDC INC (CGBD)Critical Review: NewStar Financial (NEWS) vs. TCG BDC INC (CGBD)
www.americanbankingnews.com - July 30 at 6:24 PM
Analysts Anticipate Tcg Bdc Inc (NASDAQ:CGBD) to Announce $0.36 Earnings Per ShareAnalysts Anticipate Tcg Bdc Inc (NASDAQ:CGBD) to Announce $0.36 Earnings Per Share
www.americanbankingnews.com - July 26 at 8:49 PM
Tcg Bdc Inc (NASDAQ:CGBD) Earns Buy Rating from Analysts at Bank of America CorporationTcg Bdc Inc (NASDAQ:CGBD) Earns Buy Rating from Analysts at Bank of America Corporation
www.americanbankingnews.com - July 11 at 12:10 AM
A New, High-Quality BDC IPO From The Carlyle GroupA New, High-Quality BDC IPO From The Carlyle Group
seekingalpha.com - June 27 at 1:22 AM

SEC Filings

TCG BDC (NASDAQ:CGBD) SEC Filings

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Social Media

Financials

TCG BDC (NASDAQ:CGBD) Income Statement, Balance Sheet and Cash Flow Statement

Chart

TCG BDC (NASDAQ CGBD) Stock Chart for Tuesday, February, 20, 2018

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This page was last updated on 2/20/2018 by MarketBeat.com Staff

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