NASDAQ:ICMB

Investcorp Credit Management BDC (ICMB) Stock Forecast, Price & News

$3.99

+0.12 (+3.10%)

(As of 09/29/2023 ET)

Compare

Today's Range: $3.89
▼
$4.10
50-Day Range: $3.82
▼
$4.40
52-Week Range: $3.18
▼
$4.50

Volume: 9,644 shs
Average Volume: 17,503 shs
Market Capitalization: $57.42 million

P/E Ratio: 18.14
Dividend Yield: 13.03%
Price Target: N/A

Investcorp Credit Management BDC MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.12% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -12.00%
From $0.50 to $0.44 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Finance Sector

661st out of 878 stocks

Investors, Not Elsewhere Classified Industry

1st out of 14 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Investcorp Credit Management BDC.

3.0

Short Interest

Percentage of Shares Shorted
0.12% of the outstanding shares of Investcorp Credit Management BDC have been sold short.
Short Interest Ratio / Days to Cover
Investcorp Credit Management BDC has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Investcorp Credit Management BDC has recently increased by 0.58%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Investcorp Credit Management BDC is a leading dividend payer. It pays a dividend yield of 13.44%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Investcorp Credit Management BDC does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Investcorp Credit Management BDC is 236.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Investcorp Credit Management BDC will have a dividend payout ratio of 118.18% in the coming year. This indicates that Investcorp Credit Management BDC may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ICMB.

3.8

News and Social Media Coverage

News Sentiment
Investcorp Credit Management BDC has a news sentiment score of 1.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Investcorp Credit Management BDC this week, compared to 0 articles on an average week.
Search Interest
Only 3 people have searched for ICMB on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
2 people have added Investcorp Credit Management BDC to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Investcorp Credit Management BDC insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.65% of the stock of Investcorp Credit Management BDC is held by insiders.
Percentage Held by Institutions
Only 11.47% of the stock of Investcorp Credit Management BDC is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Investcorp Credit Management BDC are expected to decrease by -12.00% in the coming year, from $0.50 to $0.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Investcorp Credit Management BDC is 18.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Investcorp Credit Management BDC is 18.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 69.77.
Price to Book Value per Share Ratio
Investcorp Credit Management BDC has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Investcorp Credit Management BDC (NASDAQ:ICMB) Stock

Investcorp Credit Management BDC, Inc. is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions. The fund primarily invests in cable and satellites; consumer services; healthcare equipment and services; industrials; information technology; telecommunication services; and utilities sectors. The fund seeks to invest between $5 million to $25 million in companies that have annual revenues of at least $50 million with EBITDA at least $15 million.

ICMB Price History

30 days | 90 days | 365 days | Advanced Chart

ICMB Stock News Headlines

September 21, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) Q4 2023 Earnings Call Transcript

September 18, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended June 30, 2023, and Quarterly and Supplemental Distribution

September 30, 2023 | Chaikin Analytics (Ad)

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September 15, 2023 | baystreet.ca

CPI Due in U.S. Next Week

August 31, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Schedules Earnings Release of Fourth Quarter Ended June 30, 2023

June 22, 2023 | marketwatch.com

8-K: Investcorp Credit Management BDC, Inc.

May 15, 2023 | seekingalpha.com

Investcorp Credit Management BDC reports FQ3 results

September 30, 2023 | Behind the Markets (Ad)

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May 15, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended March 31, 2023, and Quarterly and Supplemental Distributions

April 26, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Schedules Earnings Release for Third Quarter Ended March 31, 2023

February 16, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) Q2 2023 Earnings Call Transcript

February 13, 2023 | prnewswire.com

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended December 31, 2022, and Quarterly and Supplemental Distributions

January 25, 2023 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Schedules Earnings Release for Second Quarter Ended December 31, 2022

December 28, 2022 | yahoo.com

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) Q3 2022 Earnings Call Transcript

November 15, 2022 | seekingalpha.com

Investcorp Credit Management BDC, Inc. (ICMB) Q3 2022 Earnings Call Transcript

November 15, 2022 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended September 30, 2022, and Quarterly and Supplemental Distributions

October 27, 2022 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Schedules Earnings Release of First Quarter Ended September 30, 2022

September 21, 2022 | seekingalpha.com

ICMB Investcorp Credit Management BDC, Inc.

September 9, 2022 | seekingalpha.com

Investcorp Credit Management BDC, Inc. (ICMB) Q4 2022 Earnings Call Transcript

September 6, 2022 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended June 30, 2022, and Quarterly Distribution

September 4, 2022 | seekingalpha.com

Investcorp Credit Management BDC: Prepare For A Dividend Cut

August 24, 2022 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Schedules Earnings Release of Fourth Quarter Ended June 30, 2022

May 18, 2022 | seekingalpha.com

Investcorp Credit Management: Great Investment Portfolio Combined With Shareholder Value Erosion

May 9, 2022 | investing.com

Investcorp Credit Management BDC, Inc. Misses Q3 EPS by 4c

May 9, 2022 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended March 31, 2022, and Quarterly Distribution

April 25, 2022 | finance.yahoo.com

Investcorp Credit Management BDC, Inc. Schedules Earnings Release for Third Quarter Ended March 31, 2022

See More Headlines

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ICMB Company Calendar

Last Earnings: 2/14/2023
Ex-Dividend for 7/7 Dividend: 6/15/2023
Dividend Payable: 7/07/2023
Today: 9/30/2023
Ex-Dividend for 11/2 Dividend: 10/11/2023
Dividend Payable: 11/02/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investors, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:ICMB
CUSIP: N/A
CIK: 1578348
Web: www.cmfn-inc.com
Phone: (212) 257-5199
Fax: N/A
Employees: 2,019
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.22
Trailing P/E Ratio: 18.14
Forward P/E Ratio: 7.98
P/E Growth: N/A
Net Income: $3.23 million
Net Margins: 12.12%
Pretax Margin: 12.12%
Return on Equity: 10.46%
Return on Assets: 3.91%

Debt

Debt-to-Equity Ratio: 1.55
Current Ratio: 1.36
Quick Ratio: 3.22

Sales & Book Value

Annual Sales: $26.68 million
Price / Sales: 2.15
Cash Flow: $0.73 per share
Price / Cash Flow: 5.46
Book Value: $6.50 per share
Price / Book: 0.61

Miscellaneous

Outstanding Shares: 14,390,000
Free Float: 14,156,000
Market Cap: $57.42 million
Optionable: Optionable
Beta: 1.79

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Key Executives

Mr. Michael Charles Mauer (Age 62)
Chairman & CEO

Mr. Suhail A. Shaikh (Age 54)
Pres

Mr. Rocco Angelo DelGuercio (Age 60)
CFO, Chief Compliance Officer & Company Sec.

Mr. Zach Alpern
Investment Professional

Mr. John Dibble
Investment Professional

Mr. Andrew Muns
Investment Professional

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ICMB Stock - Frequently Asked Questions

How have ICMB shares performed in 2023?: Investcorp Credit Management BDC's stock was trading at $3.5250 at the beginning of 2023. Since then, ICMB stock has increased by 13.2% and is now trading at $3.99.
View the best growth stocks for 2023 here.
When is Investcorp Credit Management BDC's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our ICMB earnings forecast.
How were Investcorp Credit Management BDC's earnings last quarter?: Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) posted its earnings results on Tuesday, February, 14th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by $0.02. The firm earned $6.78 million during the quarter, compared to analysts' expectations of $6.91 million. Investcorp Credit Management BDC had a trailing twelve-month return on equity of 10.46% and a net margin of 12.12%. During the same period last year, the firm earned $0.15 EPS.
How often does Investcorp Credit Management BDC pay dividends? What is the dividend yield for Investcorp Credit Management BDC?: Investcorp Credit Management BDC announced a quarterly dividend on Monday, September 18th. Stockholders of record on Thursday, October 12th will be paid a dividend of $0.15 per share on Thursday, November 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 15.04%. The ex-dividend date of this dividend is Wednesday, October 11th. This is a boost from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for ICMB.
Is Investcorp Credit Management BDC a good dividend stock?: Investcorp Credit Management BDC (NASDAQ:ICMB) pays an annual dividend of $0.52 per share and currently has a dividend yield of 13.44%. ICMB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 236.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ICMB will have a dividend payout ratio of 118.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ICMB.
What other stocks do shareholders of Investcorp Credit Management BDC own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Investcorp Credit Management BDC investors own include Annaly Capital Management (NLY), Oxford Lane Capital (OXLC), Energy Transfer (ET), NGL Energy Partners (NGL), Walt Disney (DIS), Enterprise Products Partners (EPD), Orchid Island Capital (ORC), AT&T (T), AGNC Investment (AGNC) and ARMOUR Residential REIT (ARR).

What is Investcorp Credit Management BDC's stock symbol?: Investcorp Credit Management BDC trades on the NASDAQ under the ticker symbol "ICMB."
How do I buy shares of Investcorp Credit Management BDC?: Shares of ICMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Investcorp Credit Management BDC's stock price today?: One share of ICMB stock can currently be purchased for approximately $3.99.
How much money does Investcorp Credit Management BDC make?: Investcorp Credit Management BDC (NASDAQ:ICMB) has a market capitalization of $57.42 million and generates $26.68 million in revenue each year. The company earns $3.23 million in net income (profit) each year or $0.22 on an earnings per share basis.
How many employees does Investcorp Credit Management BDC have?: The company employs 2,019 workers across the globe.
How can I contact Investcorp Credit Management BDC?: Investcorp Credit Management BDC's mailing address is 280 Park Avenue 39th Floor, New York NY, 10017. The official website for the company is www.cmfn-inc.com. The company can be reached via phone at (212) 257-5199 or via email at icmbinvestorrelations@investcorp.com.

This page (NASDAQ:ICMB) was last updated on 9/30/2023 by MarketBeat.com Staff

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