Crescent Capital BDC (CCAP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $18.94 to $19.17
• 50-Day Range: $17.55 to $19.13
• 52-Week Range: $15.91 to $19.63
• Volume: 68,622 shs
• Average Volume: 131,776 shs
• Market Capitalization: $706.77 million
• P/E Ratio: 7.48
• Dividend Yield: 8.81%
• Price Target: $19.00
• Consensus Rating: Moderate Buy

Crescent Capital BDC Stock Analysis - MarketRank™

Crescent Capital BDC scored higher than 62% of companies evaluated by MarketBeat, and ranked 535th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Crescent Capital BDC has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Crescent Capital BDC has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -14.11%

Earnings Growth

Earnings for Crescent Capital BDC are expected to decrease by -14.11% in the coming year, from $2.41 to $2.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Crescent Capital BDC is 7.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Crescent Capital BDC is 7.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

Price to Book Value per Share Ratio

Crescent Capital BDC has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.31% of the outstanding shares of Crescent Capital BDC have been sold short.

Short Interest Ratio / Days to Cover

Crescent Capital BDC has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Crescent Capital BDC has recently decreased by 24.77%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Crescent Capital BDC is a leading dividend payer. It pays a dividend yield of 8.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Crescent Capital BDC does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Crescent Capital BDC is 65.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Crescent Capital BDC will have a dividend payout ratio of 81.16% in the coming year. This indicates that Crescent Capital BDC may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.31% of the outstanding shares of Crescent Capital BDC have been sold short.

Short Interest Ratio / Days to Cover

Crescent Capital BDC has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Crescent Capital BDC has recently decreased by 24.77%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.87

News Sentiment

Crescent Capital BDC has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Crescent Capital BDC this week, compared to 2 articles on an average week.

Search Interest

10 people have searched for CCAP on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.

MarketBeat Follows

3 people have added Crescent Capital BDC to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Crescent Capital BDC insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.09% of the stock of Crescent Capital BDC is held by insiders.

Percentage Held by Institutions

49.46% of the stock of Crescent Capital BDC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CCAP Stock Analysis - Frequently Asked Questions

How have CCAP shares performed this year?

Crescent Capital BDC's stock was trading at $17.38 at the start of the year. Since then, CCAP shares have increased by 9.7% and is now trading at $19.07.
View the best growth stocks for 2024 here.

How were Crescent Capital BDC's earnings last quarter?

Crescent Capital BDC, Inc. (NASDAQ:CCAP) posted its quarterly earnings results on Monday, August, 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.01. The company earned $48.95 million during the quarter, compared to the consensus estimate of $48.05 million. Crescent Capital BDC had a net margin of 47.06% and a trailing twelve-month return on equity of 12.20%.

Who are Crescent Capital BDC's major shareholders?

Top institutional shareholders of Crescent Capital BDC include Sun Life Financial Inc. (6.01%), Kovitz Investment Group Partners LLC (0.71%), HighTower Advisors LLC (0.38%) and Barclays PLC (0.31%). Insiders that own company stock include Jason Breaux, Joseph Hanlon, Gerhard Lombard, Raymond Barrios, Erik G Barrios, V Prem Et Al Watsa and Kirill Bouek.
View institutional ownership trends.

How do I buy shares of Crescent Capital BDC?

Shares of CCAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Crescent Capital BDC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Crescent Capital BDC investors own include Energy Transfer (ET), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Enterprise Products Partners (EPD), Mplx (MPLX) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/20/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: N/A
• Current Symbol: NASDAQ:CCAP
• CUSIP: N/A
• CIK: 1633336
• Web: www.crescentbdc.com
• Phone: 310-235-5900
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: -0.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.55
• Trailing P/E Ratio: 7.48
• Forward P/E Ratio: 7.91
• P/E Growth: N/A
• Net Income: $83.84 million
• Net Margins: 47.06%
• Pretax Margin: 46.37%
• Return on Equity: 12.20%
• Return on Assets: 5.57%

Debt

• Debt-to-Equity Ratio: 1.14
• Current Ratio: 1.26
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $104.15 million
• Price / Sales: 6.79
• Cash Flow: $2.10 per share
• Price / Cash Flow: 9.09
• Book Value: $20.04 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 37,062,000
• Free Float: 36,658,000
• Market Cap: $706.77 million
• Optionable: Not Optionable
• Beta: 0.81