Crescent Capital BDC’s (CCAP) “Market Perform” Rating Reaffirmed at Oppenheimer

Oppenheimer reiterated their market perform rating on shares of Crescent Capital BDC (NASDAQ:CCAP) in a research report released on Friday, MarketBeat Ratings reports.

CCAP has been the subject of several other research reports. B. Riley Financial reissued a “neutral” rating on shares of Crescent Capital BDC in a research note on Friday. Wells Fargo & Company dropped their price objective on shares of Crescent Capital BDC from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Friday. Keefe, Bruyette & Woods dropped their price objective on shares of Crescent Capital BDC from $15.50 to $15.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Finally, Zacks Research raised shares of Crescent Capital BDC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Crescent Capital BDC currently has an average rating of “Hold” and an average price target of $14.30.

Crescent Capital BDC Price Performance

Shares of NASDAQ:CCAP opened at $11.13 on Friday. The company has a market cap of $410.14 million, a price-to-earnings ratio of 27.15 and a beta of 0.59. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.53 and a quick ratio of 1.22. The firm has a 50 day simple moving average of $12.93 and a 200 day simple moving average of $13.76. Crescent Capital BDC has a one year low of $11.03 and a one year high of $16.03.

Crescent Capital BDC (NASDAQ:CCAP) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. The business had revenue of ($6.84) million during the quarter, compared to the consensus estimate of $39.58 million. Crescent Capital BDC had a net margin of 9.26% and a return on equity of 9.34%. Research analysts predict that Crescent Capital BDC will post 1.63 earnings per share for the current fiscal year.

Crescent Capital BDC Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a dividend yield of 107.0%. Crescent Capital BDC’s dividend payout ratio (DPR) is presently 409.76%.

Hedge Funds Weigh In On Crescent Capital BDC

Several large investors have recently modified their holdings of CCAP. Royal Bank of Canada raised its stake in shares of Crescent Capital BDC by 3.6% during the first quarter. Royal Bank of Canada now owns 61,707 shares of the company’s stock valued at $1,056,000 after acquiring an additional 2,128 shares during the last quarter. XTX Topco Ltd bought a new position in Crescent Capital BDC during the second quarter worth $165,000. Quantbot Technologies LP bought a new position in Crescent Capital BDC during the second quarter worth $219,000. Invesco Ltd. raised its stake in Crescent Capital BDC by 31.4% during the second quarter. Invesco Ltd. now owns 38,377 shares of the company’s stock worth $541,000 after buying an additional 9,180 shares during the last quarter. Finally, Jump Financial LLC bought a new position in Crescent Capital BDC during the second quarter worth $286,000. Institutional investors own 49.46% of the company’s stock.

Crescent Capital BDC News Roundup

Here are the key news stories impacting Crescent Capital BDC this week:

• Positive Sentiment: The company beat Q1 2026 EPS estimates, reporting $0.42 per share versus the $0.41 consensus, which shows earnings held up slightly better than expected. Crescent Capital BDC (CCAP) Tops Q1 Earnings Estimates
• Positive Sentiment: Management cut fees, lowering the base management fee to 1.00% from 1.25% and the incentive fee to 15.0% from 17.5%, a move that should support future earnings and better align with shareholders. Crescent Capital BDC, Inc. Reports First Quarter 2026 Earnings Results; Declares a Second Quarter Base Dividend of $0.34 Per Share and Series of Special Dividends
• Positive Sentiment: CCAP declared a regular quarterly dividend of $0.34 per share and three special dividends of $0.03 each, reinforcing its income appeal for investors. Crescent Capital BDC, Inc. Reports First Quarter 2026 Earnings Results; Declares a Second Quarter Base Dividend of $0.34 Per Share and Series of Special Dividends
• Neutral Sentiment: Several analysts reiterated broadly constructive but mixed views: Ladenburg trimmed its price target to $15 from $16 while keeping a buy rating, and Oppenheimer reaffirmed a market perform rating. Benzinga
• Negative Sentiment: Q1 performance was weighed down by a net loss of $0.42 per share and a decline in NAV per share to $18.27 from $19.10, signaling weaker underlying portfolio marks. Crescent Capital BDC, Inc. Reports First Quarter 2026 Earnings Results; Declares a Second Quarter Base Dividend of $0.34 Per Share and Series of Special Dividends
• Negative Sentiment: Investment income fell year over year and the quarter included larger realized and unrealized losses, which may be making investors cautious about near-term earnings quality. Crescent Capital BDC, Inc. Reports First Quarter 2026 Earnings Results; Declares a Second Quarter Base Dividend of $0.34 Per Share and Series of Special Dividends

About Crescent Capital BDC

Crescent Capital BDC, Inc is a closed-end, externally managed business development company that provides flexible financing solutions to middle market companies in the United States. Trading on the Nasdaq under the ticker CCAP, the firm offers investors exposure to a diversified portfolio of debt and equity instruments, targeting businesses with attractive risk-adjusted return profiles. Its primary objective is to generate current income through interest payments and potential capital appreciation via selective equity co-investments.

The company’s investment strategy emphasizes senior secured loans, unsecured second-lien loans, mezzanine debt, as well as preferred and common equity co-investments.