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THL Credit, Inc. (TCRD)

Aug 3, 2020 - Stock symbol was changed to FCRD
Stock Price: $3.60 USD -0.01 (-0.28%)
Updated Aug 3, 2020 1:12 PM EDT

Stock Price Chart

Key Info

Market Cap 127.07M
Revenue (ttm) 46.19M
Net Income (ttm) -90.96M
Shares Out 35.30M
EPS (ttm) -2.96
PE Ratio n/a
Forward PE 3.40
Dividend $0.73
Dividend Yield 20.28%

Stock Quote

Trading Day Aug 3, 2020
Last Price $3.60
Previous Close $3.61
Change ($) -0.01
Change (%) -0.28%
Day's Open 3.59
Day's Range 3.30 - 3.63
Day's Volume 57,306
52-Week Range 1.56 - 7.04

More Stats

Market Cap 127.07M
Enterprise Value 295.73M
Earnings Date (est) n/a
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 35.30M
Float n/a
EPS (basic) 0.75
EPS (diluted) -2.96
FCF / Share 3.27
Dividend $0.73
Dividend Yield 20.28%
Earnings Yield n/a
FCF Yield 76.76%
Payout Ratio 112.00%
Shares Short 94,658
Short Ratio 1.12
Short % of Float 0.47%
Beta 1.57
PE Ratio n/a
Forward PE 3.40
P/FCF Ratio 1.30
PS Ratio 2.75
PB Ratio 0.82
Revenue 46.19M
Operating Income 37.10M
Net Income -90.96M
Free Cash Flow 97.54M
Net Cash -168.65M
Net Cash / Share -4.78
Gross Margin 113.65%
Operating Margin 80.32%
Profit Margin -196.90%
FCF Margin 211.16%
ROA 5.32%
ROE -41.09%
ROIC -13.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$3.08*
(-14.44% downside)
Low
3.00
Current: $3.60
High
3.25
Target: 3.08
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue52.4966.9478.7784.5994.2091.9374.6553.1337.4112.33
Revenue Growth-21.58%-15.02%-6.87%-10.2%2.47%23.15%40.52%42.01%203.51%-
Gross Profit47.0957.9866.0169.1370.4869.6056.4541.1728.619.63
Operating Income41.9151.9158.6461.0761.7960.3648.9934.8822.796.03
Net Income-24.61-10.60-7.9017.1528.2236.7942.6827.6224.147.79
Shares Outstanding31.3132.6332.8033.2033.6433.9130.2921.8520.1719.76
Earnings Per Share0.871.071.211.351.411.421.371.381.040.31
EPS Growth-18.69%-11.57%-10.37%-4.26%-0.7%3.65%-0.72%32.69%235.48%-
Dividend Per Share0.841.081.081.291.361.361.431.341.020.30
Dividend Growth-22.22%0%-16.28%-5.15%0%-4.9%6.72%31.37%240%-
Operating Cash Flow83.2599.5853.4210158.45-95.91-210-95.41-87.17-83.51
Free Cash Flow83.2599.5853.4210158.45-95.91-210-95.41-87.17-83.51
Cash & Equivalents5.896.863.626.383.852.667.834.825.57110
Total Debt17521627428833934520450.005.00-
Net Cash / Debt-169-209-271-282-335-342-196-45.180.57110
Assets412518628691771812673406277264
Liabilities18222328430235236922058.779.534.37
Book Value229296343389419444453347268260
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name THL Credit, Inc.
Country United States
CEO Christopher John Flynn

Stock Information

Ticker Symbol TCRD
Stock Exchange NASDAQ
Sector Financial Services
Industry Asset Management
Unique Identifier NASDAQ: TCRD
IPO Date April 22, 2010

Description

THL Credit, Inc. is a business development company specializing in direct and fund of fund investments. The fund seeks to invest in debt and equity securities of middle market companies. It seeks to invest in PIPES, growth, acquisition, market or product expansion, recapitalization, mature, and change of control transactions in both sponsored and unsponsored issuers. The fund does not intend to invest in start-up companies, operationally distressed situations, or companies with speculative business plans. The fund invests primarily in debt securities, including unsecured subordinated or mezzanine debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock, options to buy minority interest, and other similar securities. Its investments may also include high-yield bonds, private equity investments, securities of public companies that are broadly traded, and securities of non-United States companies. It seeks to invest in outsourced business services, healthcare, financials, retailing, media, and consumer discretionary. The fund may make direct equity investments, including equity investments into or through funds, and also selectively invest in syndicated first lien secured loans, including unitranche investments. It seeks to invest between $10 million and $25 million of capital per transaction in companies with annual revenues ranging from $25 million to $500 million and annual EBITDA between $5 million and $25 million. The fund prefers to be a lead or sole investor in a transaction.