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: $9.34
  • 50 Day Moving Average: $9.64
  • 200 Day Moving Average: $10.58
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.27
  • P/E Growth: 1.35
  • Market Cap: $N/A
  • Beta: 0.86
  • Net Margins: -2.30%
  • Return on Equity: 11.80%
  • Return on Assets: 6.48%
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 0.18%
  • Quick Ratio: 0.18%
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: $11.80 (25.85% upside)

Analysts' Ratings History for THL Credit (NASDAQ:TCRD)
DateFirmActionRatingPrice TargetDetails
9/23/2016National SecuritiesLower Price TargetNeutral$12.00 -> $11.00View Rating Details
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
8/8/2016Keefe, 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 10/24/2014 forward)


Earnings History for THL Credit (NASDAQ:TCRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


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)


Current Dividend Information for THL Credit (NASDAQ:TCRD)
Annual Dividend:$1.36
Dividend Yield:14.50%
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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for THL Credit (NASDAQ:TCRD)
Insider Ownership Percentage: 0.88%
Institutional Ownership Percentage: 42.25%
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)


Latest Headlines for THL Credit (NASDAQ:TCRD)
News IconConsensus Take: THL Credit, Inc. (NASDAQ:TCRD) Earnings & Ratings Watch - CSZ News (NASDAQ:TCRD) - October 23 at 10:54 AM
News IconAre THL Credit, Inc. (NASDAQ:TCRD) Shares Headed Higher? - AR News (NASDAQ:TCRD) - October 23 at 10:54 AM
News IconRatings Change: Discussion stirs around THL Credit, Inc. (NASDAQ:TCRD) this week; here is what analysts are saying. - MoneyMakingArticles (NASDAQ:TCRD) - October 20 at 12:38 PM
News IconDo Analysts See Any Upside to THL Credit, Inc. (NASDAQ:TCRD) Shares? - Recall News (NASDAQ:TCRD) - October 16 at 10:40 AM logoTHL Credit, Inc. (NASDAQ:TCRD) Sales Estimate At $83.454 - Investor Newswire (NASDAQ:TCRD) - October 15 at 10:43 AM
News IconSell-side Consensus Sees THL Credit, Inc. (NASDAQ:TCRD) Going Where Near-Term? - CSZ News (NASDAQ:TCRD) - October 15 at 10:43 AM logoAnalysts Rating Update On THL Credit, Inc. (NASDAQ:TCRD) - Investor Newswire (NASDAQ:TCRD) - October 13 at 11:33 AM
News IconStock Perspective: THL Credit, Inc. (NASDAQ:TCRD) Company Earnings Watch - CSZ News (NASDAQ:TCRD) - October 9 at 10:31 AM
News IconLatest Analyst Ratings For THL Credit, Inc. (NASDAQ:TCRD) - The De Soto Edge (NASDAQ:TCRD) - October 9 at 10:31 AM logoTHL Credit Schedules Third Fiscal Quarter 2016 Earnings Release and Conference Call (NASDAQ:TCRD) - October 7 at 10:29 AM
News IconAnalyst Review: THL Credit, Inc. (NASDAQ:TCRD) - NewsDen (NASDAQ:TCRD) - October 4 at 7:07 PM logoExpected For THL Credit, Inc. (NASDAQ:TCRD) Sales Of $83.454 - Investor Newswire (NASDAQ:TCRD) - October 1 at 6:41 PM logoTHL Credit, Inc. (NASDAQ:TCRD) Registers EPS Surprise Of 2.94% - Investor Newswire (NASDAQ:TCRD) - October 1 at 6:41 PM logoTHL Credit, Inc. (NASDAQ:TCRD)'s Expectation Of $83.454 In Sales - Investor Newswire (NASDAQ:TCRD) - September 24 at 10:22 AM
News IconShares in Focus: THL Credit, Inc. (NASDAQ:TCRD) Earnings & Targets Update - Frisco Fastball (NASDAQ:TCRD) - September 19 at 10:29 AM
News IconEarnings According to Analysts for THL Credit, Inc. (NASDAQ:TCRD)? - Frisco Fastball (NASDAQ:TCRD) - September 19 at 10:29 AM
News IconJMP Securities Lowers THL Credit, Inc. (TCRD) to Market Perform - DailyQuint (NASDAQ:TCRD) - September 19 at 10:29 AM
News IconWhat are Brokerage Firms Saying About THL Credit, Inc. (NASDAQ:TCRD)? - Frisco Fastball (NASDAQ:TCRD) - September 17 at 10:14 AM
News IconEarnings Take Center Stage; Analysts Weighing in on THL Credit, Inc. (NASDAQ:TCRD) - Frisco Fastball (NASDAQ:TCRD) - September 14 at 7:46 PM logoTHL Credit Senior Loan Fund Declares Monthly Distribution of $0.105 Per Share (NASDAQ:TCRD) - September 10 at 6:44 PM logoTHL Credit Senior Loan Fund Declares Monthly Distribution of $0.105 Per Share - Business Wire (press release) (NASDAQ:TCRD) - September 10 at 10:32 AM
News IconTHL Credit Senior Loan Fund Declares Monthly Distribution of $0.105 Per Share - Yahoo Sports (NASDAQ:TCRD) - September 9 at 7:10 PM
News IconPlacing THL Credit, Inc. (NASDAQ:TCRD) Shares Under the Microscope - Post News (NASDAQ:TCRD) - September 8 at 11:28 AM logoAnalysts See Sales Of $83.454 For THL Credit, Inc. (NASDAQ:TCRD) - Investor Newswire (NASDAQ:TCRD) - August 21 at 10:31 AM logoEarnings Surprise In Focus: THL Credit, Inc. (NASDAQ:TCRD) - Investor Newswire (NASDAQ:TCRD) - August 18 at 7:56 PM logoKatherine Taylor Joins THL Credit (NASDAQ:TCRD) - August 17 at 8:04 PM logo[$$] THL Credit Hires Director (NASDAQ:TCRD) - August 17 at 8:04 PM logoTHL CREDIT, INC. Financials (NASDAQ:TCRD) - August 13 at 7:16 PM logoTHL Credit Senior Loan Fund Declares Monthly Distribution of $0.105 Per Share and Announces Investor Call (NASDAQ:TCRD) - August 11 at 8:18 PM logoAnalyst Views That Are Worth Watching: Immunomedics, Inc. (NASDAQ:IMMU), THL Credit, Inc. (NASDAQ:TCRD) - Review Fortune (NASDAQ:TCRD) - August 9 at 11:04 AM logoEdited Transcript of TCRD earnings conference call or presentation 5-Aug-16 2:30pm GMT (NASDAQ:TCRD) - August 6 at 10:26 AM logoTHL Credit downgraded by Wells Fargo (NASDAQ:TCRD) - August 5 at 7:58 PM logoTHL Credit reports 2Q loss (NASDAQ:TCRD) - August 4 at 8:11 PM logoQ2 2016 THL Credit Inc Earnings Release - After Market Close (NASDAQ:TCRD) - August 4 at 10:57 AM logoExpected For THL Credit, Inc. (NASDAQ:TCRD) Sales Of $93.16 - Investor Newswire (NASDAQ:TCRD) - July 30 at 10:29 AM logoTHL Credit, Inc. (NASDAQ:TCRD) Analyst Rating Update - Investor Newswire (NASDAQ:TCRD) - July 30 at 10:29 AM logoActive Stocks to Watch: Egalet Corporation (NASDAQ:EGLT), THL Credit, Inc. (NASDAQ:TCRD), Texas Instruments Inc ... - KC Register (NASDAQ:TCRD) - July 25 at 10:31 AM
News IconThl Credit Incorporated (NASDAQ:TCRD) Shorted Shares Increased 52.56% After Market Selling - Consumer Eagle (NASDAQ:TCRD) - July 22 at 7:34 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for THL Credit, Inc. (NASDAQ:TCRD) - TGP (NASDAQ:TCRD) - July 21 at 10:33 AM
News IconTHL Credit, Inc. (NASDAQ:TCRD): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:TCRD) - July 19 at 7:56 PM
News IconTrading Performance and Target Watch for THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD) - July 19 at 8:43 AM
News IconHow Many THL Credit, Inc. (NASDAQ:TCRD)'s Analysts Are Bearish? - Consumer Eagle (NASDAQ:TCRD) - July 16 at 10:54 AM
News IconAnalyst Target and Average Rating Watch: THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD) - July 13 at 8:05 PM
News IconInsiders Increasing Positions in: THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD) - July 13 at 8:05 PM logoTHL Credit, Inc. (NASDAQ:TCRD) Expected To Post Sales Of $93.16 - Investor Newswire (NASDAQ:TCRD) - July 9 at 10:44 AM logoBroker Outlook For THL Credit, Inc. (NASDAQ:TCRD) - Fiscal Standard (NASDAQ:TCRD) - July 9 at 10:44 AM logoTHL Credit Inc.: THL Credit Schedules Second Fiscal Quarter 2016 Earnings Release and Conference Call - The Wall Street Transcript (NASDAQ:TCRD) - July 7 at 7:48 PM
News IconStock Setting a Recent High: THL Credit, Inc. (NASDAQ:TCRD) - Press Telegraph (NASDAQ:TCRD) - July 7 at 7:48 PM logoTHL Credit Schedules Second Fiscal Quarter 2016 Earnings Release and Conference Call (NASDAQ:TCRD) - July 5 at 4:21 PM
News IconShares With YTD Gains: THL Credit, Inc. (NASDAQ:TCRD) - Telanagana Press (NASDAQ:TCRD) - July 4 at 6:44 PM


THL Credit (NASDAQ:TCRD) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff