Crescent Capital BDC(CCAP)

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Crescent Capital: A Fat 9% Yield, But Don't Chase It
Seeking Alpha· 2024-07-10 09:40
SNDF BU ST N i Crescent Capital BDC, Inc. (NASDAQ:CCAP) is a well-managed business development company with a distinct floating-rate focus, a First Lien-centric investment portfolio and very solid dividend pay-out metrics. Crescent Capital is also distributing a steady stream of growing, supplemental dividends to passive income investors and the valuation reflects a moderate margin of safety. I think that Crescent Capital will continue to pay supplemental dividends in the latter half of 2024 and possibly be ...
Crescent Capital BDC (CCAP) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-06-24 17:05
Crescent Capital BDC (CCAP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. Therefore, the Zacks rating upgrade for Crescent Capital BDC basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as ...
I'm Buying Up To 9% Yield For Recurring Income
Seeking Alpha· 2024-06-08 12:05
#1: Crescent Capital At present, CCAP has a portfolio fair value of $1.56 billion, spread across 183 different companies. Most of interest-bearing investments (98%) are floating rate, which helps to boost CCAP's NII in the current high-interest rate environment. Investor Presentation | --- | --- | --- | --- | --- | --- | |-------|---------|---------|------------------------------------------------------------------------------------------------------------------------------|---------|---------| | 14.0% | 11 ...
What Makes Crescent Capital BDC (CCAP) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-06-07 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Bel ...
Crescent Capital BDC, Inc. to Host Analyst & Investor Day on June 11, 2024
Newsfilter· 2024-06-04 10:30
LOS ANGELES, June 04, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. ("Crescent BDC," the "Company") (NASDAQ:CCAP) today announced it will host an Analyst & Investor Day on Tuesday, June 11, 2024 via a live video stream. During the event, members of Crescent's leadership team will provide commentary on CCAP and a review of the Crescent platform and investment process. The presentation will begin at 6:00 p.m. Eastern Time. Contact: Dan McMahon daniel.mcmahon@crescentcap.com 212-364-0149 Forward-Looking ...
All You Need to Know About Crescent Capital BDC (CCAP) Rating Upgrade to Buy
Zacks Investment Research· 2024-05-13 17:01
For Crescent Capital BDC, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher. Harnessing the Power of Earnings Estimate Revisions Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment de ...
Crescent Capital BDC(CCAP) - 2024 Q1 - Earnings Call Transcript
2024-05-09 19:59
Crescent Capital BDC (NASDAQ:CCAP) Q1 2024 Earnings Conference Call May 9, 2024 12:00 PM ET Company Participants Dan McMahon - IR Jason Breaux - CEO Henry Chung - President Gerhard Lombard - CFO Conference Call Participants Paul Johnson - KBW Operator Good day, everyone and welcome to today's Crescent Capital BDC, Inc. First Quarter Earnings Call. [Operator Instructions]. Please note this call is being recorded. And it is now my pleasure to turn today's call over to Dan McMahon, Investor Relations. Please g ...
Crescent Capital BDC (CCAP) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-08 23:51
Crescent Capital BDC (CCAP) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.78%. A quarter ago, it was expected that this company would post earnings of $0.57 per share when it actually produced earnings of $0.61, delivering a surprise of 7.02%.Over the last four quarters, the compa ...
Crescent Capital BDC(CCAP) - 2024 Q1 - Quarterly Results
2024-05-08 20:10
LOS ANGELES, May 8, 2024 — Crescent Capital BDC, Inc. ("Crescent BDC" or "Company") (NASDAQ: CCAP) today reported net investment income of $0.63 per share and net income of $0.76 per share for the quarter ended March 31, 2024. Net asset value per share increased to $20.28 compared to $20.04 as of December 31, 2023. The Company increased its regular quarterly cash dividend by $0.01 to $0.42 per share. The Company's Board of Directors (the "Board") declared a second quarter 2024 regular cash dividend of $0.42 ...
Crescent Capital BDC(CCAP) - 2024 Q1 - Quarterly Report
2024-05-08 20:08
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