THL Credit Company Profile (NASDAQ:TCRD)

About THL Credit

THL Credit logoTHL Credit, Inc. is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies. The Company is a direct lender to middle-market companies and invests in first lien and second lien loans, including through unitranche investments, as well as subordinated debt, which may include an associated equity component, such as warrants, preferred stock or similar securities. The Company also makes direct equity investments. The security types in which the Company invests includes First Lien Senior Secured Loans, Second Lien Loans, Mezzanine Loans, Collateralized Loan Obligations (CLO) Residual Interests and THL Credit Logan JV LLC (Logan JV). Its subsidiaries include THL Credit Holdings, Inc., THL Credit AIM Media Holdings, Inc. and THL Credit YP Holdings, Inc.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: TCRD
  • CUSIP: 87243810
Key Metrics:
  • Previous Close: $10.08
  • 50 Day Moving Average: $11.02
  • 200 Day Moving Average: $10.66
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.81
  • P/E Growth: 1.42
  • Market Cap: $N/A
  • Beta: 0.83
Additional Links:
Companies Related to THL Credit:

Analyst Ratings

Consensus Ratings for THL Credit (NASDAQ:TCRD) (?)
Ratings Breakdown: 7 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $11.95 (18.52% upside)

Analysts' Ratings History for THL Credit (NASDAQ:TCRD)
Show:
DateFirmActionRatingPrice TargetDetails
8/12/2016Jefferies GroupReiterated RatingHoldView Rating Details
8/12/2016Citigroup Inc.Lower Price TargetNeutral$11.00 -> $10.00View Rating Details
8/11/2016Deutsche Bank AGLower Price TargetBuy$12.25 -> $12.00View Rating Details
8/8/2016National SecuritiesReiterated RatingNeutral$12.00View Rating Details
8/8/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$12.50 -> $11.50View Rating Details
8/5/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
6/17/2016Janney Montgomery ScottInitiated CoverageNeutral$12.00View Rating Details
6/2/2016JMP SecuritiesDowngradeMkt Outperform -> Market PerformView Rating Details
5/9/2016Maxim GroupLower Price TargetBuy$12.75 -> $12.25View Rating Details
2/19/2016BMO Capital MarketsUpgradeMarket Perform -> Outperform$13.88View Rating Details
7/14/2015Raymond James Financial Inc.Initiated CoverageOutperformView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for THL Credit (NASDAQ:TCRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/4/2016Q2$0.34$0.35$23.06 million$20.50 millionViewN/AView Earnings Details
5/5/2016Q1$0.35$0.40$23.36 million$22.57 millionViewN/AView Earnings Details
3/10/2016Q4$0.35$0.36$23.41 millionViewListenView Earnings Details
11/5/2015Q315$0.35$0.35$23.67 millionViewN/AView Earnings Details
8/6/2015Q215$0.35$0.35$23.50 millionViewN/AView Earnings Details
5/12/2015Q115$0.35$0.35$24.30 million$23.80 millionViewListenView Earnings Details
3/10/2015Q414$0.34$0.37$22.48 million$24.10 millionViewListenView Earnings Details
11/6/2014Q314$0.35$0.35$23.20 million$23.10 millionViewN/AView Earnings Details
8/11/2014Q214$0.34$0.38$22.35 millionViewN/AView Earnings Details
5/12/2014Q114$0.33$0.32$21.26 million$20.90 millionViewN/AView Earnings Details
3/5/2014Q413$0.34$0.27$20.34 million$18.50 millionViewN/AView Earnings Details
11/4/2013Q313$0.33$0.34$19.05 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.38$0.49$17.72 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.34$0.28$15.49 millionViewN/AView Earnings Details
3/4/2013Q4 2012$0.32$0.34$14.35 millionViewN/AView Earnings Details
11/6/2012Q312$0.34$0.41$12.47 millionViewN/AView Earnings Details
3/8/2012$0.30$0.30ViewN/AView Earnings Details
11/1/2011$0.26$0.28ViewN/AView Earnings Details
8/1/2011$0.26$0.25ViewN/AView Earnings Details
3/14/2011$0.15$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for THL Credit (NASDAQ:TCRD)
Current Year EPS Consensus Estimate: $1.41 EPS
Next Year EPS Consensus Estimate: $1.29 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.35$0.36$0.36
Q2 20163$0.32$0.34$0.33
Q3 20162$0.33$0.33$0.33
Q4 20162$0.33$0.34$0.34
Q1 20172$0.34$0.36$0.35
Q2 20172$0.34$0.35$0.35
Q3 20172$0.34$0.36$0.35
Q4 20172$0.34$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for THL Credit (NASDAQ:TCRD)
Annual Dividend:$1.36
Dividend Yield:13.49%
Payout Ratio:-2,266.29% (Based on Trailing 12 Months of Earnings)
96.45% (Based on Current Year Consensus EPS Estimate)
105.43% (Based on Next Year Consensus EPS Estimate)

Dividend History for THL Credit (NASDAQ:TCRD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/8/2016quarterly$0.3413.7%9/13/20169/15/20169/30/2016
5/6/2016quarterly$0.3412.89%6/13/20166/15/20166/30/2016
3/10/2016quarterly$0.3413.37%3/17/20163/21/20163/31/2016
11/10/2015quarterly$0.3411.93%12/11/201512/15/201512/31/2015
8/7/2015quarterly$0.3411.26%9/11/20159/15/20159/30/2015
5/12/2015quarterly$0.3411.35%6/11/20156/15/20156/30/2015
3/11/2015quarterly$0.3410.82%3/18/20153/20/20153/31/2015
11/7/2014quarterly$0.3410.65%12/11/201412/15/201412/31/2014
8/11/2014quarterly$0.3410.16%9/11/20149/15/20149/30/2014
5/12/2014quarterly$0.3410.32%6/12/20146/16/20146/30/2014
3/6/2014quarterly$0.349.2%3/13/20143/17/20143/31/2014
11/5/2013quarterly$0.348.34%12/12/201312/16/201312/31/2013
8/7/2013special$0.088.85%9/12/20139/16/20139/30/2013
8/7/2013quarterly$0.348.85%9/12/20139/16/20139/30/2013
5/7/2013quarterly$0.349.05%6/12/20136/14/20136/28/2013
3/5/2013quarterly$0.338.63%3/13/20133/15/20133/29/2013
12/20/2012special$0.0512/27/201212/31/20121/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for THL Credit (NASDAQ:TCRD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2016Christopher J FlynnCEOBuy2,000$10.66$21,320.00View SEC Filing  
5/16/2016James D KernDirectorBuy2,000$10.57$21,140.00View SEC Filing  
5/16/2016Terrence W OlsonCFOBuy1,000$10.63$10,630.00View SEC Filing  
5/11/2016Deborah H McanenyDirectorBuy9,500$10.88$103,360.00View SEC Filing  
5/11/2016Sabrina Rusnak-CarlsonGeneral CounselBuy1,400$10.77$15,078.00View SEC Filing  
5/10/2016James D KernDirectorBuy2,000$10.43$20,860.00View SEC Filing  
3/15/2016Sabrina Rusnak-CarlsonGeneral CounselBuy2,400$10.42$25,008.00View SEC Filing  
3/15/2016Sam W TillinghastCEOBuy5,000$10.24$51,200.00View SEC Filing  
3/15/2016Terrence W OlsonCFOBuy1,000$10.27$10,270.00View SEC Filing  
12/14/2015Sam W TillinghastCEOBuy7,000$10.17$71,190.00View SEC Filing  
12/14/2015Terrence W OlsonCFOBuy1,000$10.17$10,170.00View SEC Filing  
8/21/2015Christopher J FlynnCEOBuy2,075$12.00$24,900.00View SEC Filing  
8/21/2015Terrence W OlsonCFOBuy2,100$12.02$25,242.00View SEC Filing  
6/11/2015Stephanie Pare SullivanGeneral CounselBuy1,100$12.17$13,387.00View SEC Filing  
6/10/2015Christopher J FlynnCEOBuy1,950$12.45$24,277.50View SEC Filing  
6/10/2015Terrence W OlsonCFOBuy1,650$12.43$20,509.50View SEC Filing  
6/3/2015Wendell Hunter StroppPresidentBuy1,568$12.60$19,756.80View SEC Filing  
3/13/2015Keith W HughesDirectorBuy10,380$12.40$128,712.00View SEC Filing  
3/13/2015Sam W TillinghastCEOBuy3,800$12.36$46,968.00View SEC Filing  
3/13/2015Terrence W OlsonCFOBuy2,000$12.32$24,640.00View SEC Filing  
12/15/2014Christopher J FlynnCEOBuy2,950$11.72$34,574.00View SEC Filing  
12/12/2014John A SommersDirectorBuy2,000$11.78$23,560.00View SEC Filing  
12/8/2014John A SommersDirectorBuy2,000$12.68$25,360.00View SEC Filing  
12/8/2014Stephanie Pare SullivanGeneral CounselBuy1,000$12.55$12,550.00View SEC Filing  
12/5/2014Christopher J FlynnCEOBuy1,150$12.88$14,812.00View SEC Filing  
12/4/2014Terrence W OlsonCFOBuy1,525$13.10$19,977.50View SEC Filing  
8/28/2014Christopher J FlynnCEOBuy5,500$14.00$77,000.00View SEC Filing  
8/27/2014Terrence W OlsonCFOBuy2,000$13.94$27,880.00View SEC Filing  
5/16/2014James HuntPortfolio ManagerBuy3,000$12.91$38,730.00View SEC Filing  
5/15/2014John SommersDirectorBuy2,000$12.87$25,740.00View SEC Filing  
3/14/2014John SommersDirectorBuy2,000$14.06$28,120.00View SEC Filing  
3/12/2014David DownesDirectorBuy13,900$14.39$200,021.00View SEC Filing  
3/11/2014John SommersDirectorBuy2,000$14.37$28,740.00View SEC Filing  
8/23/2013Wendell Hunter StroppPortfolio ManagerBuy2,150$15.39$33,088.50View SEC Filing  
8/20/2013Terrence OlsonCFOBuy1,800$15.26$27,468.00View SEC Filing  
5/24/2013Keith W HughesDirectorBuy6,000$15.38$92,280.00View SEC Filing  
5/23/2013James K HuntPortfolio ManagerBuy5,000$15.25$76,250.00View SEC Filing  
5/21/2013Terrence W OlsonCFOBuy1,000$15.54$15,540.00View SEC Filing  
3/13/2013Keith W HughesDirectorBuy10,000$15.34$153,400.00View SEC Filing  
3/13/2013Terrence W OlsonCFOBuy2,000$15.28$30,560.00View SEC Filing  
12/7/2012Wendell Hunter StroppPortfolio ManagerBuy1,160$14.34$16,634.40View SEC Filing  
11/27/2012Terrence W OlsonCFOBuy1,000$14.23$14,230.00View SEC Filing  
11/13/2012John A SommersDirectorBuy1,500$13.97$20,955.00View SEC Filing  
8/29/2012John A SommersDirectorBuy1,000$13.93$13,930.00View SEC Filing  
8/20/2012John A SommersDirectorBuy1,000$13.70$13,700.00View SEC Filing  
8/8/2012Wendell Hunter StroppPortfolio ManagerBuy1,800$13.65$24,570.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for THL Credit (NASDAQ:TCRD)
DateHeadline
investornewswire.com logoAnalysts See Sales Of $83.454 For THL Credit, Inc. (NASDAQ:TCRD) - Investor Newswire (NASDAQ:TCRD)
www.investornewswire.com - August 21 at 10:31 AM
investornewswire.com logoEarnings Surprise In Focus: THL Credit, Inc. (NASDAQ:TCRD) - Investor Newswire (NASDAQ:TCRD)
www.investornewswire.com - August 18 at 7:56 PM
finance.yahoo.com logoKatherine Taylor Joins THL Credit (NASDAQ:TCRD)
finance.yahoo.com - August 17 at 8:04 PM
wsj.com logo[$$] THL Credit Hires Director (NASDAQ:TCRD)
www.wsj.com - August 17 at 8:04 PM
finance.yahoo.com logoTHL CREDIT, INC. Financials (NASDAQ:TCRD)
finance.yahoo.com - August 13 at 7:16 PM
businesswire.com logoTHL Credit Senior Loan Fund Declares Monthly Distribution of $0.105 Per Share and Announces Investor Call (NASDAQ:TCRD)
www.businesswire.com - August 11 at 8:18 PM
fortune.com logoAnalyst Views That Are Worth Watching: Immunomedics, Inc. (NASDAQ:IMMU), THL Credit, Inc. (NASDAQ:TCRD) - Review Fortune (NASDAQ:TCRD)
reviewfortune.com - August 9 at 11:04 AM
finance.yahoo.com logoEdited Transcript of TCRD earnings conference call or presentation 5-Aug-16 2:30pm GMT (NASDAQ:TCRD)
finance.yahoo.com - August 6 at 10:26 AM
finance.yahoo.com logoTHL Credit downgraded by Wells Fargo (NASDAQ:TCRD)
finance.yahoo.com - August 5 at 7:58 PM
sg.finance.yahoo.com logoTHL Credit reports 2Q loss (NASDAQ:TCRD)
sg.finance.yahoo.com - August 4 at 8:11 PM
biz.yahoo.com logoQ2 2016 THL Credit Inc Earnings Release - After Market Close (NASDAQ:TCRD)
biz.yahoo.com - August 4 at 10:57 AM
investornewswire.com logoExpected For THL Credit, Inc. (NASDAQ:TCRD) Sales Of $93.16 - Investor Newswire (NASDAQ:TCRD)
www.investornewswire.com - July 30 at 10:29 AM
investornewswire.com logoTHL Credit, Inc. (NASDAQ:TCRD) Analyst Rating Update - Investor Newswire (NASDAQ:TCRD)
www.investornewswire.com - July 30 at 10:29 AM
kcregister.com logoActive Stocks to Watch: Egalet Corporation (NASDAQ:EGLT), THL Credit, Inc. (NASDAQ:TCRD), Texas Instruments Inc ... - KC Register (NASDAQ:TCRD)
www.kcregister.com - July 25 at 10:31 AM
News IconThl Credit Incorporated (NASDAQ:TCRD) Shorted Shares Increased 52.56% After Market Selling - Consumer Eagle (NASDAQ:TCRD)
www.consumereagle.com - July 22 at 7:34 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for THL Credit, Inc. (NASDAQ:TCRD) - TGP (NASDAQ:TCRD)
telanaganapress.com - July 21 at 10:33 AM
News IconTHL Credit, Inc. (NASDAQ:TCRD): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:TCRD)
www.engelwooddaily.com - July 19 at 7:56 PM
News IconTrading Performance and Target Watch for THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD)
presstelegraph.com - July 19 at 8:43 AM
News IconHow Many THL Credit, Inc. (NASDAQ:TCRD)'s Analysts Are Bearish? - Consumer Eagle (NASDAQ:TCRD)
www.consumereagle.com - July 16 at 10:54 AM
News IconAnalyst Target and Average Rating Watch: THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD)
presstelegraph.com - July 13 at 8:05 PM
News IconInsiders Increasing Positions in: THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD)
presstelegraph.com - July 13 at 8:05 PM
investornewswire.com logoTHL Credit, Inc. (NASDAQ:TCRD) Expected To Post Sales Of $93.16 - Investor Newswire (NASDAQ:TCRD)
www.investornewswire.com - July 9 at 10:44 AM
fiscalstandard.com logoBroker Outlook For THL Credit, Inc. (NASDAQ:TCRD) - Fiscal Standard (NASDAQ:TCRD)
www.fiscalstandard.com - July 9 at 10:44 AM
twst.com logoTHL Credit Inc.: THL Credit Schedules Second Fiscal Quarter 2016 Earnings Release and Conference Call - The Wall Street Transcript (NASDAQ:TCRD)
www.twst.com - July 7 at 7:48 PM
News IconStock Setting a Recent High: THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD)
presstelegraph.com - July 7 at 7:48 PM
publicnow.com logoTHL Credit Schedules Second Fiscal Quarter 2016 Earnings Release and Conference Call (NASDAQ:TCRD)
www.publicnow.com - July 5 at 4:21 PM
News IconShares With YTD Gains: THL Credit, Inc. (NASDAQ:TCRD) - Telanagana Press (NASDAQ:TCRD)
telanaganapress.com - July 4 at 6:44 PM
4-traders.com logoThl Credit : Sellers Increased by 16.85% Their Shorts (NASDAQ:TCRD)
www.4-traders.com - June 30 at 7:54 PM
News IconThl Credit Incorporated (NASDAQ:TCRD) Sellers Increased By 16.85% Their Shorts - Press Telegraph (NASDAQ:TCRD)
presstelegraph.com - June 29 at 7:41 PM
fiscalstandard.com logoTHL Credit, Inc. (NASDAQ:TCRD) Broker Price Targets For The Coming Week - Fiscal Standard (NASDAQ:TCRD)
www.fiscalstandard.com - June 27 at 7:36 PM
globenewswire.com logoTHL Credit Raises $608 Million Collateralized Loan Obligation - GlobeNewswire (press release) (NASDAQ:TCRD)
globenewswire.com - June 23 at 10:19 AM
seekingalpha.com logoTHL Credit closes on $608M CLO (NASDAQ:TCRD)
seekingalpha.com - June 22 at 5:21 PM
publicnow.com logoTHL Credit Raises $608 Million Collateralized Loan Obligation (NASDAQ:TCRD)
www.publicnow.com - June 22 at 5:09 PM
fiscalstandard.com logoRecently Issued Stock Ratings For THL Credit, Inc. (NASDAQ:TCRD) - Fiscal Standard (NASDAQ:TCRD)
www.fiscalstandard.com - June 18 at 10:31 AM
realistinvestor.com logoTHL Credit, Inc. (NASDAQ:TCRD) Low Price Is Set At $11 - RealistInvestor.com (NASDAQ:TCRD)
www.realistinvestor.com - June 10 at 8:04 PM
biz.yahoo.com logoTHL CREDIT, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:TCRD)
biz.yahoo.com - June 8 at 4:02 PM
biz.yahoo.com logoTHL CREDIT, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:TCRD)
biz.yahoo.com - June 3 at 4:03 PM
News IconStock Review and Earnings Check on THL Credit, Inc. (NASDAQ:TCRD) - HNN (NASDAQ:TCRD)
hintsnewsnetwork.com - May 31 at 10:53 AM
investornewswire.com logoTHL Credit, Inc. (NASDAQ:TCRD) Closes At $10.74 - Investor Newswire (NASDAQ:TCRD)
www.investornewswire.com - May 24 at 7:01 PM
News IconEarnings Review and Stock Rundown for THL Credit, Inc. (NASDAQ:TCRD) - Wall Street Hints and News (NASDAQ:TCRD)
hintsnewsnetwork.com - May 24 at 10:45 AM
stocksdaily.net logoTHL Credit, Inc. (NASDAQ:TCRD) One-Year Price Projection At $12.25 - Stocks Daily (NASDAQ:TCRD)
www.stocksdaily.net - May 22 at 11:37 AM
News IconAre Analysts Bullish THL Credit, Inc. (NASDAQ:TCRD) After Last Week? - Wall Street Hints and News (NASDAQ:TCRD)
hintsnewsnetwork.com - May 21 at 10:23 AM
News IconA Director at THL Credit (NASDAQ: TCRD) is Buying Shares - Analyst Ratings (NASDAQ:TCRD)
www.analystratings.com - May 19 at 12:03 AM
tradecalls.org logoRevenue Update on THL Credit(NASDAQ:TCRD) - Trade Calls (NASDAQ:TCRD)
www.tradecalls.org - May 18 at 11:10 AM
News IconShare Recap and Earnings Focus on THL Credit, Inc. (NASDAQ:TCRD) - Wall Street Hints and News (NASDAQ:TCRD)
hintsnewsnetwork.com - May 18 at 11:10 AM
News IconJefferies Group Research Analysts Decrease Earnings Estimates for THL Credit, Inc. (TCRD) - Washington News Wire (NASDAQ:TCRD)
washingtonnewswire.com - May 12 at 5:43 AM
News IconTHL Credit, Inc. to Post Q2 2016 Earnings of $0.33 Per Share, BB&T Corp. Forecasts (TCRD) - Washington News Wire (NASDAQ:TCRD)
washingtonnewswire.com - May 12 at 12:32 AM
News IconInsider Buying: THL Credit, Inc. (TCRD) Director invests in 2000 by purchasing Stock shares - Washington News Wire (NASDAQ:TCRD)
washingtonnewswire.com - May 11 at 7:22 PM
News IconConsensus Rating Review for THL Credit, Inc. (NASDAQ:TCRD) - B.O.D.Y Confidential (NASDAQ:TCRD)
www.bodyconfidential.com - May 11 at 5:29 AM
News IconHow Analysts Rated THL Credit, Inc. (NASDAQ:TCRD) Last Week? - B.O.D.Y Confidential (NASDAQ:TCRD)
www.bodyconfidential.com - May 9 at 7:06 PM

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THL Credit (NASDAQ:TCRD) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff