NASDAQ:TCRD - THL Credit Stock Price, Forecast & News

THL Credit trades on the NASDAQ under the ticker symbol "TCRD."

THL Credit announced a dividend on Thursday, October 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.21 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th. View THL Credit's Dividend History.

THL Credit, Inc. (NASDAQ:TCRD) announced its earnings results on Monday, November, 4th. The investment management company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.01. The investment management company had revenue of $12.79 million for the quarter, compared to analysts' expectations of $13.51 million. THL Credit had a positive return on equity of 10.76% and a negative net margin of 55.49%. View THL Credit's Earnings History.

THL Credit is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for THL Credit.

THL Credit will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued 1 year price objectives for THL Credit's shares. Their forecasts range from $7.00 to $7.00. On average, they expect THL Credit's stock price to reach $7.00 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for THL Credit.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for THL Credit in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for THL Credit.

Media stories about TCRD stock have trended neutral on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. THL Credit earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for THL Credit.

THL Credit saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 57,900 shares, a drop of 29.0% from the January 15th total of 81,500 shares. Based on an average daily trading volume, of 121,800 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company's shares are sold short. View THL Credit's Current Options Chain.

Some companies that are related to THL Credit include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Legg Mason (LM), Affiliated Managers Group (AMG), Federated Investors (FII) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other THL Credit investors own include ANNALY CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), Prospect Capital (PSEC), Ares Capital (ARCC), Abraxas Petroleum (AXAS), NGL Energy Partners (NGL), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), Capitala Finance (CPTA) and Arlington Asset Investment (AI).

THL Credit's stock is owned by many different of retail and institutional investors. Top institutional investors include Fiera Capital Corp (5.37%), Great West Life Assurance Co. Can (4.74%), LSV Asset Management (3.36%), Stilwell Value LLC (2.17%), Fort Washington Investment Advisors Inc. OH (1.53%) and Athena Capital Advisors LLC (1.27%). Company insiders that own THL Credit stock include Christopher J Flynn, Edmund P Giambastiani Jr, James R Fellows, Jane Musser Nelson, Sabrina Rusnak-Carlson, Sam W Tillinghast and Terrence W Olson. View Institutional Ownership Trends for THL Credit.

TCRD stock was sold by a variety of institutional investors in the last quarter, including Shikiar Asset Management Inc., Advisors Asset Management Inc., Globeflex Capital L P, UBS Group AG, Oxford Asset Management LLP, Personal Resources Investment & Strategic Management Inc., Ladenburg Thalmann Financial Services Inc. and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for THL Credit.

TCRD stock was bought by a variety of institutional investors in the last quarter, including Stilwell Value LLC, LSV Asset Management, Fiera Capital Corp, Bank of America Corp DE, Athena Capital Advisors LLC, Goldman Sachs Group Inc., Trexquant Investment LP and Tower Bridge Advisors. Company insiders that have bought THL Credit stock in the last two years include Christopher J Flynn, Edmund P Giambastiani Jr, James R Fellows, Jane Musser Nelson, Sabrina Rusnak-Carlson and Terrence W Olson. View Insider Buying and Selling for THL Credit.

Shares of TCRD 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, Robinhood, Fidelity and Charles Schwab.

One share of TCRD stock can currently be purchased for approximately $6.24.

THL Credit has a market capitalization of $188.98 million and generates $66.94 million in revenue each year. The investment management company earns $-10,600,000.00 in net income (profit) each year or $1.07 on an earnings per share basis. View Additional Information About THL Credit.

The official website for THL Credit is http://www.thlcredit.com/.

THL Credit's mailing address is 100 FEDERAL STREET 31ST FLOOR, BOSTON MA, 02110. The investment management company can be reached via phone at 800-450-4424 or via email at [email protected]