NASDAQ:TCRD

THL Credit - TCRD Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $3.27
▼
$3.33
50-Day Range: $3.12
▼
$3.99
52-Week Range: $1.56
▼
$7.04

Volume: 94,380 shs
Average Volume: 202,337 shs
Market Capitalization: $116.48 million

P/E Ratio: N/A
Dividend Yield: 11.08%
Price Target: N/A

About THL Credit (NASDAQ:TCRD) Stock

First Eagle Alternative Capital BDC, Inc. is a non-diversified closed-end management investment company. Its objective is to generate both current income and capital appreciation, through investments in privately negotiated debt and equity securities of lower middle market companies. The company was founded on May 26, 2009 and is headquartered in Boston, MA.

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TCRD Stock News Headlines

August 3, 2021 | markets.businessinsider.com

THL Credit is about to announce its earnings — here's what to expect

March 6, 2021 | reuters.com

First Eagle Alternative Capital BDC Inc

March 2, 2021 | markets.businessinsider.com

THL Credit Inc Registered Shs hosts conference call for investors

March 2, 2021 | markets.businessinsider.com

THL Credit is about to announce earnings — here's what Wall Street expects

November 4, 2020 | finance.yahoo.com

THL Credit (FCRD) Q3 Earnings and Revenues Miss Estimates

October 28, 2020 | finance.yahoo.com

Analysts Estimate THL Credit (FCRD) to Report a Decline in Earnings: What to Look Out for

October 14, 2020 | finance.yahoo.com

First Eagle Alternative Capital BDC, Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call

September 17, 2020 | barrons.com

First Eagle Alternative Capital BDC Inc.

August 6, 2020 | finance.yahoo.com

THL Credit (FCRD) Q2 Earnings and Revenues Miss Estimates

August 6, 2020 | finance.yahoo.com

First Eagle Alternative Capital BDC Reports Second Quarter 2020 Financial Results and Declares a Dividend of $0.10 Per Share

July 23, 2020 | finance.yahoo.com

THL Credit, Inc. Announces Name Change to First Eagle Alternative Capital BDC, Inc.

July 23, 2020 | finance.yahoo.com

THL Credit, Inc. Announces Expiration and Final Results of Modified Dutch Auction Tender Offer to Repurchase up to $20.0 Million of its Common Stock

July 22, 2020 | finance.yahoo.com

THL Credit, Inc. Announces Expiration and Preliminary Results of Modified Dutch Auction Tender Offer to Repurchase up to $20.0 Million of its Common Stock

June 24, 2020 | www.benzinga.com

Why THL Credit's Stock Is Trading Higher Today

June 23, 2020 | seekingalpha.com

THL Credit plans to buy back $20M of shares in Dutch Auction

June 13, 2020 | www.fool.com

THL Credit

June 13, 2020 | www.nasdaq.com

TCRD THL Credit, Inc. Common Stock

June 10, 2020 | finance.yahoo.com

Hedge Funds Are Selling THL Credit, Inc. (TCRD)

May 28, 2020 | seekingalpha.com

THL Credit shareholders approve investment management pact

May 28, 2020 | finance.yahoo.com

THL Credit, Inc. Stockholders Approve New Investment Management Agreement

May 9, 2020 | finance.yahoo.com

Edited Transcript of TCRD earnings conference call or presentation 8-May-20 1:30pm GMT

May 8, 2020 | seekingalpha.com

THL Credit (TCRD) CEO Chris Flynn on Q1 2020 Results - Earnings Call Transcript

May 7, 2020 | seekingalpha.com

THL Credit cuts dividend by ~52%

April 30, 2020 | finance.yahoo.com

THL Credit (TCRD) Expected to Beat Earnings Estimates: Should You Buy?

April 20, 2020 | seekingalpha.com

THL Credit NAV falls 30%; sees lower dividend

See More Headlines

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TCRD Company Calendar

Last Earnings: 5/07/2020
Today: 8/18/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investors, not elsewhere classified
Sub-Industry: Asset Management & Custody Banks
Sector: Finance
Current Symbol: NASDAQ:TCRD
CUSIP: 87243810
CIK: 1464963
Web: www.thlcredit.com
Phone: (800) 450-4424
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.87
Trailing P/E Ratio: N/A
Forward P/E Ratio: 8.46
P/E Growth: N/A
Net Income: $-24,610,000.00
Net Margins: -197.03%
Pretax Margin: N/A
Return on Equity: 10.28%
Return on Assets: 5.52%

Debt

Debt-to-Equity Ratio: 0.53
Current Ratio: 0.31
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $52.49 million
Price / Sales: 2.22
Cash Flow: $0.84 per share
Price / Cash Flow: 3.93
Book Value: $7.58 per share
Price / Book: 0.44

Miscellaneous

Outstanding Shares: 35,298,000
Free Float: N/A
Market Cap: $116.48 million
Optionable: Optionable
Beta: 1.53

Key Executives

Christopher John Flynn
Chief Executive Officer & Director
Terrence William Olson
Chief Financial, Operating Officer & Treasurer
Sabrina Rusnak-Carlson
Secretary & Chief Compliance Officer
James Ray Fellows
Chief Investment Officer & Co-Head-Tradable Credit
Lauren Vieira
Head-Investor Contact

Key Competitors

View All Competitors

TCRD Stock - Frequently Asked Questions

How were THL Credit's earnings last quarter?: THL Credit, Inc. (NASDAQ:TCRD) released its earnings results on Thursday, May, 7th. The investment management company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.07. The investment management company had revenue of $7.89 million for the quarter, compared to analyst estimates of $9.72 million. THL Credit had a positive trailing twelve-month return on equity of 10.28% and a negative net margin of 197.03%.
Is THL Credit a good dividend stock?: THL Credit (NASDAQ:TCRD) pays an annual dividend of $0.40 per share and currently has a dividend yield of 11.08%. TCRD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TCRD will have a dividend payout ratio of 97.56% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCRD.

What other stocks do shareholders of THL Credit own?: Based on aggregate information from My MarketBeat watchlists, some companies that other THL Credit investors own include Annaly Capital Management (NLY), Energy Transfer (ET), NGL Energy Partners (NGL), Prospect Capital (PSEC), Ares Capital (ARCC), Abraxas Petroleum (AXAS), PhenixFIN (MCC), SandRidge Permian Trust (PER), C3.ai (AI) and Capitala Finance (CPTA).
What is THL Credit's stock symbol?: THL Credit trades on the NASDAQ under the ticker symbol "TCRD."
What is THL Credit's stock price today?: One share of TCRD stock can currently be purchased for approximately $3.30.
How much money does THL Credit make?: THL Credit (NASDAQ:TCRD) has a market capitalization of $116.48 million and generates $52.49 million in revenue each year. The investment management company earns $-24,610,000.00 in net income (profit) each year or $0.87 on an earnings per share basis.
How can I contact THL Credit?: THL Credit's mailing address is 100 FEDERAL STREET 31ST FLOOR, BOSTON MA, 02110. The official website for the company is www.thlcredit.com. The investment management company can be reached via phone at (800) 450-4424 or via email at lvieira@thlcredit.com.

This page (NASDAQ:TCRD) was last updated on 8/18/2022 by MarketBeat.com Staff

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