EPS for Triangle Capital Corporation (TCAP) Expected At $0.41

October 13, 2017 - By Jacob Falcon

 EPS for Triangle Capital Corporation (TCAP) Expected At $0.41
Investors sentiment decreased to 1.71 in Q2 2017. Its down 0.03, from 1.74 in 2017Q1. It is negative, as 9 investors sold Triangle Capital Corporation shares while 22 reduced holdings. 16 funds opened positions while 37 raised stakes. 13.37 million shares or 3.14% more from 12.96 million shares in 2017Q1 were reported.
Bb&T holds 0.01% or 19,991 shares in its portfolio. Jbf Capital Inc has invested 0% in Triangle Capital Corporation (NYSE:TCAP). Morgan Stanley invested in 269,104 shares or 0% of the stock. Guggenheim Limited Liability reported 554,366 shares. 13,200 are held by Saybrook Capital Nc. Advsr Asset Mgmt holds 0.01% of its portfolio in Triangle Capital Corporation (NYSE:TCAP) for 33,654 shares. Gsa Prns Limited Liability Partnership holds 33,467 shares or 0.04% of its portfolio. Bank & Trust Of Nova Scotia invested in 0% or 49,000 shares. Hl Financial Svcs Llc owns 11,250 shares for 0% of their portfolio. Tci Wealth accumulated 500 shares or 0% of the stock. Sei holds 0% or 300 shares in its portfolio. First Personal Ser invested in 108,303 shares. Peloton Wealth Strategists holds 0.54% in Triangle Capital Corporation (NYSE:TCAP) or 39,423 shares. Confluence Inv Mgmt Limited stated it has 508,448 shares or 0.18% of all its holdings. Wasatch Advsrs owns 13,334 shares.

Analysts await Triangle Capital Corporation (NYSE:TCAP) to report earnings on November, 1. They expect $0.41 earnings per share, down 2.38 % or $0.01 from last year’s $0.42 per share. TCAP’s profit will be $19.58M for 8.43 P/E if the $0.41 EPS becomes a reality. After $0.41 actual earnings per share reported by Triangle Capital Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock decreased 0.14% or $0.02 on October 13, reaching $13.83. About 244,451 shares traded. Triangle Capital Corporation (NYSE:TCAP) has risen 2.36% since October 14, 2016 and is uptrending. It has underperformed by 14.34% the S&P500.

Triangle Capital Corporation (NYSE:TCAP) Ratings Coverage

Among 14 analysts covering Triangle Capital (NYSE:TCAP), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Triangle Capital had 26 analyst reports since August 7, 2015 according to SRatingsIntel. The company was initiated on Monday, June 26 by Aegis Capital. National Securities maintained it with “Buy” rating and $22 target in Tuesday, April 11 report. The stock has “Buy” rating by Jefferies on Wednesday, September 6. The firm has “Buy” rating given on Tuesday, May 10 by Jefferies. The rating was upgraded by Robert W. Baird to “Outperform” on Monday, August 28. The rating was downgraded by Wood on Thursday, August 3 to “Market Perform”. The rating was upgraded by Hilliard Lyons on Monday, June 26 to “Buy”. The rating was initiated by Bank of America with “Buy” on Friday, January 6. The company was upgraded on Wednesday, June 29 by Raymond James. The stock has “Neutral” rating by Janney Capital on Wednesday, April 27.

Triangle Capital Corporation is an internally managed, non-diversified closed-end management investment company. The company has market cap of $660.32 million. The Firm is a specialty finance firm that provides customized financing to lower middle market companies located primarily in the United States. It has a 26.91 P/E ratio. The Company’s investment objective is to seek attractive returns by generating current income from its debt investments and capital appreciation from its equity-related investments.

More notable recent Triangle Capital Corporation (NYSE:TCAP) news were published by: Fool.com which released: “Why Triangle Capital Corporation Stock Dropped Today” on August 03, 2017, also Globenewswire.com with their article: “Triangle Capital Corporation Announces New Commitment to Its Senior Credit …” published on October 03, 2017, Globenewswire.com published: “Triangle Capital Corporation Invests in Tosca Services, LLC” on April 24, 2017. More interesting news about Triangle Capital Corporation (NYSE:TCAP) were released by: Globenewswire.com and their article: “Triangle Capital Corporation Receives Approval of Third SBIC License Providing …” published on January 24, 2017 as well as Globenewswire.com‘s news article titled: “Triangle Capital Corporation Invests in Lakeview Health” with publication date: February 13, 2017.

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