What is Triangle Capital Corporation's stock symbol?
Triangle Capital Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCAP."
How often does Triangle Capital Corporation pay dividends? What is the dividend yield for Triangle Capital Corporation?
Triangle Capital Corporation announced a quarterly dividend on Thursday, February 23rd. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.45 per share on Wednesday, March 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date of this dividend is Monday, March 6th.
Where is Triangle Capital Corporation's stock going? Where will Triangle Capital Corporation's stock price be in 2017?
7 analysts have issued 1-year price objectives for Triangle Capital Corporation's stock. Their predictions range from $20.00 to $22.00. On average, they anticipate Triangle Capital Corporation's stock price to reach $20.40 in the next year.
When will Triangle Capital Corporation announce their earnings?
Triangle Capital Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Triangle Capital Corporation stock?
Here are some recent quotes from research analysts about Triangle Capital Corporation stock:
According to Zacks Investment Research, "TRIANGLE CAPITAL CORPORATION is a specialty finance company organized to provide customized financing solutions to lower middle market companies located throughout the United States. Triangle's investment objective is to seek attractive returns by generating current income from debt investments and capital appreciation from equity related investments. Triangle's investment philosophy is to partner with business owners, management teams and financial sponsors to provide flexible financing solutions to fund growth, changes of control, or other corporate events. " (2/25/2017)
National Securities analysts commented, "3Q16 Recap: Triangle Capital Corp. (TCAP) reported 3Q16 results and posted NII/share of $0.42 versus consensus estimates of $0.45 and our estimate of $0.47. The miss was likely attributable to a lag from the secondary offering completed during the third quarter, which management said impacted NII/share by $0.05 (the difference between the posted number and our estimate). The company guided towards a $0.04/share impact form the CIO resigning in 4Q16 and thus NII/share growth will likely not come until 2017. Nonetheless, NAV/share increased 3.5% Q/Q due to a highly accretive secondary offering done at a 35% premium to 2Q16 NAV/share. The company realized net losses of $11.2 million largely related to previous non-accrual BFN Operations with one other portfolio company placed on PIK (payment-in-kind) non-accrual. Non-accruals as a percentage of amortized cost ticked down slightly Q/Q to 5.5% from 5.6%. So long as asset quality remains stable, which we think it will, the earnings trajectory for Triangle is likely upwards after the remaining expenses related to the resignation of the CIO in 4Q16. TCAP will likely be granted additional SBA debentures in 2017 which should permit strong portfolio growth without the need for additional equity issuance and should serve to boost NII ROAE (return on average equity) to 12.4% from 10.5% in 2016, by our estimates. We are adjusting our 2016 NII/share estimate to $1.63 from $1.74 and are maintaining our 2017 NII/share estimate of $1.95. We are reiterating our BUY rating and $22 price target. Our $22 price target implies an estimated 2017 P/NII of 11.3x, dividend yield of 8.2%, and P/NAV of 1.38x compared to the BDC sector averages of 9.1x, 10.8%, and 0.85x, respectively. " (11/7/2016)
Jefferies Group LLC analysts commented, "TCAP reported adjusted 1Q16 NOI per share of $0.29, missing our $0.35 estimate given a reversal of revenue on an accounting change to a divided payment. In addition, the company took the prudent step of lowering its dividend to $0.45 from $0.54 in light of yield compression. We reiterate our Hold rating as we see risk/reward fairly balanced at current levels, however we respect the decision to recast the dividend given the environment. Quarterly details versus our forecast: TCAP’s NOI per share of $0.29 missed our $0.35 forecast. We note the NOI includes ~$5.5M in severance expenses related to the previously announced retirement of Mr. Tucker – excluding this charge NOI was $0.42. Total investment income of $26.6M was below our $30.6M forecast, driven by slower portfolio growth and an accounting reversal of a dividend payment (initially this was accounted for as a dividend, then accounted for as a repayment of capital). Total expenses of $17M were elevated due to the aforementioned severance expenses, however the adjusted efficiency ratio (excluding the 1x severance) was near 20%, in line with TCAPs long term goal." (5/5/2016)
Who owns Triangle Capital Corporation stock?
Triangle Capital Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Guggenheim Capital LLC (1.06%), Van ECK Associates Corp (0.59%), Advisory Research Inc. (0.58%), Two Sigma Investments LP (0.47%), Armor Investment Advisors LLC (0.34%) and Baird Financial Group Inc. (0.08%). Company insiders that own Triangle Capital Corporation stock include Benjamin S Goldstein, Brent P W Burgess, C Robert Jr Knox, E Ashton Poole, Garland S Tucker III, Sherwood Hubbard Jr Smith and Simon B Jr Rich.
Who sold Triangle Capital Corporation stock? Who is selling Triangle Capital Corporation stock?
Triangle Capital Corporation's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, TCW Group Inc., Raymond James Financial Services Advisors Inc. and Ladenburg Thalmann Financial Services Inc..
Who bought Triangle Capital Corporation stock? Who is buying Triangle Capital Corporation stock?
Triangle Capital Corporation's stock was bought by a variety of institutional investors in the last quarter, including Advisory Research Inc., Armor Investment Advisors LLC, Guggenheim Capital LLC, Van ECK Associates Corp, Metropolitan Life Insurance Co. NY, Bridgeworth LLC and Baird Financial Group Inc.. Company insiders that have bought Triangle Capital Corporation stock in the last two years include Benjamin S Goldstein, Brent P W Burgess, E Ashton Poole, Garland S Tucker III, Sherwood Hubbard Jr Smith and Simon B Jr Rich.
How do I buy Triangle Capital Corporation stock?
Shares of Triangle Capital Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Triangle Capital Corporation stock cost?
One share of Triangle Capital Corporation stock can currently be purchased for approximately $20.11.