Crescent Capital BDC
CCAP

$18.72

0.48%

Market Cap: 694M

About: Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies.

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

469% more call options, than puts

Call options by funds: $1.54M | Put options by funds: $270K

1% more funds holding

Funds holding: 75 [Q4 2023] → 76 (+1) [Q1 2024]

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0.18% less ownership

Funds ownership: 49.19% [Q4 2023] → 49.01% (-0.18%) [Q1 2024]

1% less capital invested

Capital invested by funds: $316M [Q4 2023] → $314M (-$2.61M) [Q1 2024]

5% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 21

25% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 3 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$16.50

12%

downside

Avg. target

$18.42

2%

downside

High target

$19

1%

upside

6 analyst ratings

3 positive

50%

3 neutral

50%

0 negative

0%

Wells Fargo Finian O'Shea	2%upside $19	Equal-Weight Maintained	26 Jul 2024
Keefe, Bruyette & Woods Ryan Lynch	2%upside $19	Outperform Maintained	23 May 2024
Wells Fargo Finian O'Shea	4%downside $18	Equal-Weight Maintained	13 May 2024
Raymond James Robert Dodd	2%upside $19	Outperform Maintained	10 May 2024
Oppenheimer Mitchel Penn	2%upside $19	Outperform Maintained	23 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about CCAP published over the past 30 days

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 lien basis, providing protection in case of defaults. Despite potential interest rate cuts, CCAP's strong financial performance and distribution coverage make it a buy for income-focused investors.

Crescent Capital: Solid BDC With Strong Dividend Coverage

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 dividend stocks that pay you for holding them. Income stocks like CCAP and CNQ offer potentially strong long-term total return potential, allowing investors to capitalize on undervalued opportunities while receiving recurring income.

I'm Buying Up To 11% Yield For Recurring Income

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, 2024 on Monday, August 12, 2024 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Tuesday, August 13, 2024 at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2024 financial results.

Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its Second Quarter Ended June 30, 2024 Financial Results

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 ratio, but may face challenges in a lower-rate environment. Crescent Capital is trading at a 4% discount to book value, but may disappoint investors due to its aggressive floating-rate posture and potential impact of rate cuts.

Crescent Capital: A Fat 9% Yield, But Don't Chase It

24/7 Wall Street

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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 balance sheet. Both companies offer stable income and potential capital appreciation, making them attractive high-yield investment options in a volatile market.

Buy These 7-9% Yields Before The Market Wakes To Income

Zacks Investment Research

Crescent Capital BDC (CCAP) Upgraded to Strong Buy: Here's What You Should Know

Crescent Capital BDC (CCAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Crescent Capital BDC (CCAP) Upgraded to Strong Buy: Here's What You Should Know

Zacks Investment Research

Best Momentum Stock to Buy for June 12th

ASBFY, CCAP and CALM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 12, 2024.

Best Momentum Stock to Buy for June 12th

24/7 Wall Street

3 Unheard of Dividend Stocks To Buy

If you're considering investing in dividend stocks, you'll find that there are many reasons to do so, not least the steady passive income they deliver on top of long-term capital appreciation.

3 Unheard of Dividend Stocks To Buy

I'm Buying Up To 9% Yield For Recurring Income

Net worth is not the only metric to measure wealth, as free cash flow generation is also important. Investing in a mix of high and mid-level dividend-paying stocks can protect net worth, while providing income. Crescent Capital and Federal Realty Trust are two picks that offer high-yield and stable growth for a well-rounded portfolio.

I'm Buying Up To 9% Yield For Recurring Income

See News Rankings