Crescent Capital BDC (CCAP) Projected to Post Earnings on Wednesday

Crescent Capital BDC (NASDAQ:CCAP) will likely be releasing its earnings data after the market closes on Wednesday, February 19th. Analysts expect Crescent Capital BDC to post earnings of $0.56 per share and revenue of $47.27 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Crescent Capital BDC Stock Down 0.2 %

Shares of NASDAQ CCAP opened at $19.94 on Monday. The firm has a market cap of $739.02 million, a price-to-earnings ratio of 7.82 and a beta of 0.81. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.14. Crescent Capital BDC has a 52-week low of $16.14 and a 52-week high of $20.03. The business’s 50 day moving average is $19.46 and its two-hundred day moving average is $18.83.

Crescent Capital BDC Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.42 dividend. This is a positive change from Crescent Capital BDC’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.68 dividend on an annualized basis and a yield of 8.43%. Crescent Capital BDC’s payout ratio is presently 65.88%.

Wall Street Analysts Forecast Growth

CCAP has been the topic of a number of recent research reports. Wells Fargo & Company upped their price objective on Crescent Capital BDC from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods upped their price objective on Crescent Capital BDC from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, November 25th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $19.33.

Crescent Capital BDC Company Profile

Crescent Capital BDC, Inc is as a business development company private equity / buyouts and loan fund. It specializes in directly investing. It specializes in middle market. The fund seeks to invest in United States.