Crescent Capital BDCCCAP
CCAP
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 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
174% more call options, than puts
Call options by funds: $359K | Put options by funds: $131K
58% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 19
10.9% more ownership
Funds ownership: 46.55% [Q4 2024] → 57.45% (+10.9%) [Q1 2025]
10% more capital invested
Capital invested by funds: $332M [Q4 2024] → $365M (+$32.9M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
2% less funds holding
Funds holding: 88 [Q4 2024] → 86 (-2) [Q1 2025]
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
1%
upside
Avg. target
$16.33
10%
upside
High target
$17
15%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Raymond James Robert Dodd | 15%upside $17 | Outperform Maintained | 16 May 2025 |
Keefe, Bruyette & Woods Ryan Lynch | 15%upside $17 | Market Perform Downgraded | 16 May 2025 |
Wells Fargo Finian O'Shea | 1%upside $15 | Equal-Weight Maintained | 16 May 2025 |
Financial journalist opinion
Based on 5 articles about CCAP published over the past 30 days
Neutral
Seeking Alpha
1 week ago
2 BDCs With 20%+ Discounts, 1 To Buy And 1 To Avoid
BDCs have entered a challenging period. This is why the market has assigned notable discounts across the board. Some BDCs have become very deeply discounted.
Positive
Seeking Alpha
2 weeks ago
Crescent Capital: 11% Yield And Fire Sale Price Make It A Buy
Crescent Capital BDC offers a compelling 10.9% dividend yield and trades at a 22% discount to NAV, providing a strong margin of safety. Recent headwinds, including lower NII and some non-accruals, are largely priced in, with the portfolio remaining healthy and well-protected by first-lien debt. Management's confidence is evident through continued regular dividends and two special dividends, signaling belief in near-term NII recovery.
Negative
Seeking Alpha
2 weeks ago
Crescent Capital BDC: NAV Decline Continues Following Q1 Earnings
Crescent Capital BDC trades at a significant discount to NAV and offers a high 12.5% yield, but recent performance and total returns have been weak. Rising non-accruals, declining earnings, and weakening distribution coverage raise concerns about portfolio health and dividend sustainability. While the portfolio is diversified and focused on first lien, floating rate debt, higher interest rates are pressuring borrowers and increasing risks.
Negative
Seeking Alpha
3 weeks ago
Crescent Capital BDC: Latest Quarter A Clear Sign Of A Weakening Economy (Rating Downgrade)
I'm downgrading Crescent Capital from buy to hold due to weakening fundamentals and rising economic uncertainty. Recent earnings showed sequential declines in total and net investment income, with increasing non-accruals and NAV erosion. CCAP's leverage is above peer average, raising risk, and the probability of a dividend cut is higher if economic conditions worsen.
Negative
Zacks Investment Research
3 weeks ago
New Strong Sell Stocks for May 19th
BOOT, CCAP and HP have been added to the Zacks Rank #5 (Strong Sell) List on May 19, 2025.
Neutral
Seeking Alpha
1 month ago
Crescent Capital BDC, Inc. (CCAP) Q1 2025 Earnings Conference Call Transcript
Crescent Capital BDC, Inc. (NASDAQ:CCAP ) Q1 2025 - Earnings Conference Call May 15, 2025 12:00 PM ET Company Participants Dan McMahon - Head, IR Jason Breaux - CEO Henry Chung - President Gerhard Lombard - CFO Conference Call Participants Paul Johnson - KBW Robert Dodd - Raymond James Finian O'Shea - Wells Fargo Mickey Schleien - Ladenburg Thalmann Operator Good morning, and welcome to Crescent Capital BDC, Inc. First Quarter Ended March 31, 2025 Earnings Conference Call. Please note that Crescent Capital BDC, Inc. may be referred to as CCAP, Crescent BDC or the company throughout the call.
Negative
Zacks Investment Research
1 month ago
Crescent Capital BDC (CCAP) Q1 Earnings and Revenues Lag Estimates
Crescent Capital BDC (CCAP) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.63 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Crescent Capital BDC, Inc. Reports First Quarter 2025 Earnings Results; Declares a Second Quarter Base Dividend of $0.42 Per Share
LOS ANGELES, May 14, 2025 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.45 per share and net income of $0.11 per share, for the quarter ended March 31, 2025. Net asset value (NAV) per share was $19.62 at March 31, 2025 compared to $19.98 as of December 31, 2024.
Neutral
Seeking Alpha
1 month ago
My Income Portfolio: In The Garden Of Eden
Total Return can be misleading if not supported by NAV growth, as it may include unsustainable distributions and Return of Capital. Behavioral finance shows markets are irrational, making it crucial to consider practical aspects beyond theoretical Total Return calculations. I believe that NAV performance can affect our discretion in the reinvestment choices for the distributions we receive from our savings much more than Total Return.
Neutral
Business Wire
1 month ago
Crescent Capital Group Appoints Jason Breaux as Head of Private Credit
LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today the appointment of Jason Breaux as Head of Private Credit. In this role, Mr. Breaux will lead the firm's private credit business and will focus on platform-wide growth, expanding investment capabilities, and continuing to elevate the Crescent brand. Mr. Breaux will continue in his roles as Chief Executive Officer of Crescent Capital BDC, Inc. (NASDAQ: CCAP) and Chair of the Boa.
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