Maxim Group resumed coverage on First Eagle Alternative Capital BDC
$FCRD
Finance/Investors Services
Finance
Maxim Group resumed coverage of First Eagle Alternative Capital BDC with a rating of Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2021 | $5.00 | Perform | Oppenheimer |
LOS ANGELES, May 10, 2023 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. ("Crescent BDC" or "Company") (NASDAQ:CCAP) today reported net investment income of $17.5 million, or $0.54 per share, for the quarter ended March 31, 2023. Reported net asset value per share was $19.38 at March 31, 2023. On March 9, 2023, the Company completed its previously announced acquisition of First Eagle Alternative Capital BDC, Inc. ("First Eagle BDC") (NASDAQ:FCRD). The Company announced that its Board of Directors declared a regular cash dividend for the second quarter of 2023 of $0.41 per share, which will be paid on July 17, 2023 to stockholders of record as of the close of business on June 30,
LOS ANGELES, March 09, 2023 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. ("Crescent BDC") (NASDAQ:CCAP) announced today the closing of the previously announced merger with First Eagle Alternative Capital BDC, Inc. ("First Eagle BDC") (NASDAQ:FCRD). The combined company, which will remain externally managed by Crescent Cap Advisors, LLC, a subsidiary of Crescent Capital Group ("Crescent"), has more than $1.6 billion of assets on a pro forma basis based on December 31, 2022 financial information. Based on the merger exchange ratio, First Eagle BDC stockholders will receive the following, subject to previously disclosed election mechanics, in exchange for each share of First Eagle BDC comm
First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("FCRD") and Crescent Capital BDC, Inc. (NASDAQ:CCAP) ("CCAP") today announced that the deadline (the "Election Deadline") for FCRD's stockholders of record to elect to receive cash consideration in lieu of shares of CCAP common stock in connection with the pending merger of CCAP and FCRD (the "Merger") is 5:00 p.m., Eastern Time, on March 2, 2023. The Election Deadline is based on CCAP's and FCRD's expectation that FCRD's special meeting of stockholders to approve matters relating to the Merger will be held as scheduled on March 7, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/n
4 - First Eagle Alternative Capital BDC, Inc. (0001464963) (Issuer)
4 - First Eagle Alternative Capital BDC, Inc. (0001464963) (Issuer)
4 - First Eagle Alternative Capital BDC, Inc. (0001464963) (Issuer)
Upgrades Jefferies upgraded the previous rating for Roblox Corp (NYSE:RBLX) from Hold to Buy. In the fourth quarter, Roblox showed an EPS of $0.48, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $53.88 and a 52-week-low of $21.65. At the end of the last trading period, Roblox closed at $39.94. According to Piper Sandler, the prior rating for Ameresco Inc (NYSE:AMRC) was changed from Neutral to Overweight. In the fourth quarter, Ameresco showed an EPS of $0.35, compared to $0.50 from the year-ago quarter. At the moment, the stock has a 52-week-high of $86.73 and a 52-week-low of $40.73. Ameresco closed at $44.51 at the end of the last trading period. Piper
Keefe, Bruyette & Woods analyst Ryan Lynch downgrades First Eagle Alternative (NASDAQ:FCRD)
First Eagle Alternative (NASDAQ:FCRD) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.11 by 18.18 percent. This is a 18.18 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $8.88 million which beat the analyst consensus estimate of $8.69 million by 2.17 percent. This is a 6.20 percent increase over sales of $8.36 million the same period last year.
LOS ANGELES, May 10, 2023 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. ("Crescent BDC" or "Company") (NASDAQ:CCAP) today reported net investment income of $17.5 million, or $0.54 per share, for the quarter ended March 31, 2023. Reported net asset value per share was $19.38 at March 31, 2023. On March 9, 2023, the Company completed its previously announced acquisition of First Eagle Alternative Capital BDC, Inc. ("First Eagle BDC") (NASDAQ:FCRD). The Company announced that its Board of Directors declared a regular cash dividend for the second quarter of 2023 of $0.41 per share, which will be paid on July 17, 2023 to stockholders of record as of the close of business on June 30,
BOSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("First Eagle Alternative Capital BDC" or the "Company"), a direct lender to middle market companies, today announced financial results for its third fiscal quarter ended September 30, 2022. Additionally, the Company announced that its Board of Directors (the "Board") has declared a fourth fiscal quarter 2022 dividend of $0.11 per share payable on December 30, 2022, to stockholders of record as of December 15, 2022. HIGHLIGHTS ($ in millions, except per share amounts) Portfolio resultsAs of September 30, 2022 Total assets$380.2 Investment portfolio, at fair value$363.2 Net assets$153.9 Ne
BOSTON, Oct. 11, 2022 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) (the "Company") today announced that it will report its financial results for the third fiscal quarter ended September 30, 2022, after the market closes on Tuesday, November 8, 2022. The Company will host a conference call to discuss these results and its business outlook on Wednesday, November 9, 2022, at 9:30 a.m. Eastern Time. For those wishing to participate by telephone, please register here. The Company will also broadcast the conference call live via the Investor Relations section of its website at www.feacbdc.com. Starting approximately two hours after the conclusion of the call, a re
15-12G - First Eagle Alternative Capital BDC, Inc. (0001464963) (Filer)
25-NSE - First Eagle Alternative Capital BDC, Inc. (0001464963) (Subject)
8-K - First Eagle Alternative Capital BDC, Inc. (0001464963) (Filer)
SC 13G/A - First Eagle Alternative Capital BDC, Inc. (0001464963) (Subject)
SC 13G/A - First Eagle Alternative Capital BDC, Inc. (0001464963) (Subject)
SC 13D/A - First Eagle Alternative Capital BDC, Inc. (0001464963) (Subject)
Oppenheimer initiated coverage of First Eagle Alternative with a rating of Perform and set a new price target of $5.00
Maxim Group resumed coverage of First Eagle Alternative Capital BDC with a rating of Hold