Crescent Capital BDC, Inc. (CCAP)
| Market Cap | 723.44M |
| Revenue (ttm) | 200.90M |
| Net Income (ttm) | 94.52M |
| Shares Out | 37.06M |
| EPS (ttm) | 2.55 |
| PE Ratio | 7.65 |
| Forward PE | 9.24 |
| Dividend | $2.04 (10.45%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 110,295 |
| Open | 19.30 |
| Previous Close | 19.34 |
| Day's Range | 19.29 - 19.67 |
| 52-Week Range | 15.91 - 20.03 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 19.17 (-1.79%) |
| Earnings Date | Nov 12, 2024 |
About CCAP
Crescent Capital BDC, Inc. is as a business development company is a private equity / buyouts and loan fund. It specializes in directly investing. It specializes in middle market. The fund seeks to invest in United States. [Read more]
Financial Performance
In 2023, Crescent Capital BDC's revenue was $184.13 million, an increase of 57.76% compared to the previous year's $116.72 million. Earnings were $83.84 million, an increase of 439.35%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CCAP stock is "Buy." The 12-month stock price forecast is $19.17, which is a decrease of -1.79% from the latest price.
News
Crescent Capital's Outstanding Dividend Coverage Makes It A Buy
CCAP is a defensive BDC with a 90% concentration on first-lien debt, ensuring high repayment priority during potential litigation processes. The portfolio focuses on non-cyclical businesses (85%), pro...
I'm Buying Up To 9% Yield For Recurring Income
Inflation makes Crescent Capital and Crown Castle compelling income-generating investments with yields of 9% and 6%, respectively. Crescent Capital offers a diversified portfolio with a strong 1st lie...
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten year...
Crescent Capital: BDC Income And Promising Return With Small-Cap Exposures
The recent rally in small-cap stocks indicates strong market confidence toward 2025, also making Crescent Capital BDC a compelling income investment. CCAP should benefit from a pro-small business tax ...
Crescent Capital BDC, Inc. (CCAP) Q3 2024 Earnings Call Transcript
Crescent Capital BDC, Inc. (NASDAQ:CCAP) Q3 2024 Earnings Conference Call November 12, 2024 12:00 PM ET Company Participants Dan McMahon - Head, Investor Relations Jason Breaux - Chief Executive Offi...
Crescent Capital BDC, Inc. Reports Third Quarter 2024 Earnings Results; Declares a Fourth Quarter Base Dividend of $0.42 Per Share, and a Third Quarter Supplemental Dividend of $0.07 Per Share
LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.64 per share and net income of $0.41 p...
Crescent Capital: Buy This 9%-Yielding Cash Cow While It's Undervalued
Crescent Capital BDC offers a compelling 9% regular yield and 11% total yield, supported by a diversified portfolio and strong earnings coverage. CCAP's portfolio quality is robust, with a low non-acc...
Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its Third Quarter Ended September 30, 2024 Financial Results
LOS ANGELES, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the third quarter ended September 30...
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus o...
Crescent Capital: 10% Yield, Low Pay-Out Ratio, 10% NAV Discount (Rating Upgrade)
Crescent Capital BDC raised its base dividend by 2.4% in Q2 and continues to pay substantial supplemental dividends, enhancing passive income returns. With a low dividend payout ratio and a focus on F...
Crescent Capital High Yielding Dividends Are Well-Covered Despite Interest Rate Sensitivity
Crescent Capital BDC has a well-diversified, defensive portfolio with 89.2% first-lien debt and decreasing non-accruals, indicating high portfolio quality. CCAP is sensitive to interest rate cuts due ...
Crescent Capital BDC: A Reliable Dividend Payer
Crescent Capital BDC boasts a robust portfolio with a low percentage of high-risk investments, ensuring solid NAV growth and consistent net investment income. CCAP offers an attractive forward dividen...
Buy These ‘Private Equity' Plays For 10.5% Yields
Let's talk about a “rich guy loophole” that you and I can take advantage of—and bank dividends up to 12.5%.
My 9.5% Income Portfolio-The View From The Top
Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...
3 Pillars To Minimize BDC Dividend Cut Risk In Your Portfolio
It is very likely that for most BDCs, the earnings have peaked and the direction of travel is unfavorable. There are both structural and transitory headwinds that put a pressure on earnings, rendering...
2 BDCs With Unjustified Discount Of 10% Or Greater
In the current environment, it is indeed difficult for BDCs to achieve premium over NAV. However, as the earnings and dividends continue to remain strong in the sector, I see no reason for significant...
Crescent Capital: Strong Cash Flow And The Right Quality For Remaining Bullish
Recently, Crescent Capital has outperformed the BDC market delivering positive returns, while the index has dropped in the negative return territory. Q2, 2024 earnings deck helps explain this, where w...
Crescent Capital BDC, Inc. (CCAP) Q2 2024 Earnings Call Transcript
Crescent Capital BDC, Inc. (NASDAQ:CCAP) Q2 2024 Results Conference Call August 13, 2024 12:00 PM ET Company Participants Dan McMahon - Head of Investor Relations Jason Breaux - Chief Executive Offic...
Debunking 2 Common Myths About BDC Dividend Investing
Business Development Companies or BDCs offer great financial characteristics for high income seeking investors. Lately, there has been a lot of chatter around BDCs struggling and experiencing negative...
Crescent Capital BDC, Inc. Reports Second Quarter 2024 Earnings Results; Declares a Third Quarter Base Dividend of $0.42 Per Share, and a Second Quarter Supplemental Dividend of $0.09 Per Share
LOS ANGELES, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.59 per share and net income of $0.55 p...
Crescent Capital: Solid BDC With Strong Dividend Coverage
Crescent Capital BDC offers a high dividend yield of 8.9% with a focus on stability and income for investors. CCAP's portfolio consists of floating rate debt with a majority of investments on a first ...
I'm Buying Up To 11% Yield For Recurring Income
Buying and selling stocks involves emotions and hopes for the future, making it a complex decision-making process. That's why a buy-and-hold strategy may work better, especially when it comes to divid...
Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its Second Quarter Ended June 30, 2024 Financial Results
LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the second quarter ended June 30, 20...
Crescent Capital: A Fat 9% Yield, But Don't Chase It
Crescent Capital BDC, Inc. is a well-managed business development company with a floating-rate focus and solid dividend metrics. The company pays growing supplemental dividends and has a low pay-out r...
Buy These 7-9% Yields Before The Market Wakes To Income
Crescent Capital BDC offers a 9% dividend yield with strong performance and conservative portfolio management. Broadstone Net Lease provides a 7.4% dividend yield with high occupancy rates and a solid...