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

Crescent Capital BDC (NASDAQ:CCAP) is anticipated to post its quarterly earnings results 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Crescent Capital BDC Trading Down 0.2 %

CCAP stock opened at $19.94 on Monday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.14. Crescent Capital BDC has a 12-month low of $16.14 and a 12-month high of $20.03. The stock has a market cap of $739.02 million, a price-to-earnings ratio of 7.82 and a beta of 0.81. The business’s 50-day moving average is $19.46 and its 200 day moving average is $18.83.

Crescent Capital BDC Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods lifted their price objective on Crescent Capital BDC from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. Wells Fargo & Company boosted their target price on Crescent Capital BDC from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus 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.