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Date | Price Target | Rating | Analyst |
---|---|---|---|
8/26/2021 | Outperform → Market Perform | Raymond James |
Raymond James downgraded Investcorp Credit from Outperform to Market Perform
Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ:ICMB) ("ICMB" or the "Company"), today announced that the Company's President, Suhail A. Shaikh, has been appointed Chief Executive Officer, effective immediately. Outgoing CEO Michael C. Mauer will remain Chairman of the Board of Directors. Concurrently, Mr. Mauer has been appointed Vice Chairman of Private Credit at Investcorp. Mr. Shaikh joined Investcorp in January 2023 and has served as the Company's President since February 2023 and as a member of the Board of Directors since September 2023. Messrs. Mauer and Shaikh have served together as Co-Chief Investment Officers of the Company's external investment advis
SC 13D/A - Investcorp Credit Management BDC, Inc. (0001578348) (Subject)
SC 13D/A - Investcorp Credit Management BDC, Inc. (0001578348) (Subject)
SC 13D/A - Investcorp Credit Management BDC, Inc. (0001578348) (Subject)
8-K - Investcorp Credit Management BDC, Inc. (0001578348) (Filer)
8-K - Investcorp Credit Management BDC, Inc. (0001578348) (Filer)
10-Q - Investcorp Credit Management BDC, Inc. (0001578348) (Filer)
3 - Investcorp Credit Management BDC, Inc. (0001578348) (Issuer)
3 - Investcorp Credit Management BDC, Inc. (0001578348) (Issuer)
3 - Investcorp Credit Management BDC, Inc. (0001578348) (Issuer)
Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) ("ICMB" or the "Company") announced its financial results today for its fiscal quarter ended September 30, 2024. HIGHLIGHTS On November 6, 2024, the Company's Board of Directors (the "Board") declared a distribution of $0.12 per share for the quarter ending December 31, 2024, payable in cash on January 8, 2025, to stockholders of record as of December 20, 2024. During the quarter, ICMB made investments in three new portfolio companies and three existing portfolio companies. These investments totaled $13.1 million, at cost, of which $0.5 million represents the reinstatement of previously recorded paydowns for interest received from
Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ:ICMB) ("ICMB" or "the Company") today announced that it will release its financial results for the quarter ended September 30, 2024 on Tuesday, November 12, 2024, after the close of the financial markets. The Company will host an earnings conference call at 09:00 am (Eastern Time) on Wednesday, November 13, 2024. All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959. Participants should enter 872058# as the passcode, then press 2 when prompted. For those who are not able to listen to the call, a replay w
Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) ("ICMB" or the "Company") announced its financial results today for its fourth quarter and fiscal year ended June 30, 2024. HIGHLIGHTS On September 18, 2024, the Company's Board of Directors (the "Board") declared a distribution of $0.12 per share for the quarter ending September 30, 2024, payable in cash on November 6, 2024, to stockholders of record as of October 16, 2024. During the quarter, ICMB made investments in two new portfolio companies and three existing portfolio companies. These investments totaled $17.9 million, at cost. The weighted average yield (at origination) of debt investments made in the quarter was 10.23%. IC
Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) ("ICMB" or the "Company") announced its financial results today for its fiscal quarter ended September 30, 2024. HIGHLIGHTS On November 6, 2024, the Company's Board of Directors (the "Board") declared a distribution of $0.12 per share for the quarter ending December 31, 2024, payable in cash on January 8, 2025, to stockholders of record as of December 20, 2024. During the quarter, ICMB made investments in three new portfolio companies and three existing portfolio companies. These investments totaled $13.1 million, at cost, of which $0.5 million represents the reinstatement of previously recorded paydowns for interest received from
Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ:ICMB) ("ICMB" or "the Company") today announced that it will release its financial results for the quarter ended September 30, 2024 on Tuesday, November 12, 2024, after the close of the financial markets. The Company will host an earnings conference call at 09:00 am (Eastern Time) on Wednesday, November 13, 2024. All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959. Participants should enter 872058# as the passcode, then press 2 when prompted. For those who are not able to listen to the call, a replay w
Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) ("ICMB" or the "Company") announced its financial results today for its fourth quarter and fiscal year ended June 30, 2024. HIGHLIGHTS On September 18, 2024, the Company's Board of Directors (the "Board") declared a distribution of $0.12 per share for the quarter ending September 30, 2024, payable in cash on November 6, 2024, to stockholders of record as of October 16, 2024. During the quarter, ICMB made investments in two new portfolio companies and three existing portfolio companies. These investments totaled $17.9 million, at cost. The weighted average yield (at origination) of debt investments made in the quarter was 10.23%. IC
Investcorp Credit (NASDAQ:ICMB) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.12 by 16.67 percent. This is a 22.22 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $6.62 million which beat the analyst consensus estimate of $6.18 million by 7.09 percent. This is a 5.54 percent decrease over sales of $7.01 million the same period last year.
Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) ("ICMB" or the "Company") today announced that it will release its revised financial results for the quarter ended December 31, 2023 on Wednesday, February 21, 2024, after the close of the financial markets.The Company will host an earnings conference call at 9:00 am (Eastern Time) on Friday, February 23, 2024. All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959. Participants passcode is 872058# then press 2 when asked. For those who are not able to listen to the call, a replay will be available sho