Headlines about TCG BDC (NASDAQ:CGBD) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TCG BDC earned a news impact score of 0.06 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.6902278571482 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, Zacks Investment Research downgraded TCG BDC from a “hold” rating to a “sell” rating in a research report on Friday, January 12th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $19.50.
TCG BDC (NASDAQ CGBD) opened at $17.84 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.53 and a quick ratio of 0.53. TCG BDC has a 12-month low of $16.76 and a 12-month high of $20.30. The stock has a market capitalization of $1,110.00 and a price-to-earnings ratio of 11.36.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 17th. Investors of record on Thursday, March 29th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 8.30%. The ex-dividend date is Wednesday, March 28th. TCG BDC’s payout ratio is 94.27%.
About TCG BDC
TCG BDC, Inc, formerly Carlyle GMS Finance, Inc, is a managed and non-diversified closed-end investment company. The Company is focused on lending to middle market companies. The Company’s investment objective is to generate current income and capital appreciation primarily through debt investments in the United States and middle market companies.
Receive News & Ratings for TCG BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCG BDC and related companies with MarketBeat.com's FREE daily email newsletter.