Triangle Capital Corp. (TCAP) to Release Earnings on Wednesday
Triangle Capital Corp. (NASDAQ:TCAP) is set to release its Q413 earnings data on Wednesday, February 26th. Analysts expect Triangle Capital Corp. to post earnings of $0.50 per share and revenue of $23.60 million for the quarter.
Shares of Triangle Capital Corp. (NASDAQ:TCAP) opened at 29.15 on Tuesday. Triangle Capital Corp. has a 52-week low of $25.47 and a 52-week high of $30.70. The stock has a 50-day moving average of $27.61 and a 200-day moving average of $28.7. The company has a market cap of $806.8 million and a price-to-earnings ratio of 10.08.
The company also recently declared a special dividend, which is scheduled for Wednesday, June 25th. Shareholders of record on Wednesday, May 28th will be given a dividend of $0.15 per share. This represents a yield of 7.73%. The ex-dividend date of this dividend is Friday, May 23rd.
On the ratings front, analysts at Keefe, Bruyette & Woods upgraded shares of Triangle Capital Corp. from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 9th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $29.83.
Triangle Capital Corporation is a specialty finance company that provides customized financing solutions to lower middle market companies located throughout the United States.
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