THL Credit (TCRD) Earns Daily News Sentiment Score of 0.16

News headlines about THL Credit (NASDAQ:TCRD) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. THL Credit earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 47.2361074290917 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several equities analysts recently weighed in on TCRD shares. National Securities decreased their target price on shares of THL Credit from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Monday, November 13th. ValuEngine raised shares of THL Credit from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Maxim Group reaffirmed a “buy” rating and set a $11.50 price objective on shares of THL Credit in a research report on Friday, November 10th. TheStreet cut shares of THL Credit from a “b-” rating to a “c+” rating in a research report on Monday, October 9th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $10.50 price objective on shares of THL Credit in a research report on Wednesday, August 16th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $10.70.

THL Credit (NASDAQ:TCRD) opened at $9.55 on Friday. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.50. THL Credit has a 52-week low of $8.90 and a 52-week high of $10.60. The company has a market cap of $310.07, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 7.57 and a beta of 1.11.

THL Credit (NASDAQ:TCRD) last released its quarterly earnings data on Thursday, November 9th. The investment management company reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.07. THL Credit had a net margin of 23.15% and a return on equity of 10.53%. The firm had revenue of $20.10 million during the quarter, compared to analysts’ expectations of $19.74 million. During the same period in the previous year, the business posted $0.32 earnings per share. The company’s revenue for the quarter was down 6.9% compared to the same quarter last year. equities analysts predict that THL Credit will post 1.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.08 dividend on an annualized basis and a yield of 11.31%. THL Credit’s dividend payout ratio (DPR) is 189.48%.

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THL Credit Company Profile

THL Credit, Inc is an externally managed, non-diversified closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of lower middle market companies.

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