Crescent Capital's Q3 NAV per share falls

Crescent Capital Bdc

12/11/2025 21:33

Overview

Crescent Capital BDC Q3 net investment income per share was $0.46, unchanged from Q2

Net asset value per share declines to $19.28 from $20.20 year-over-year

Company declares Q4 regular cash dividend of $0.42 per share

Outlook

Company has $239.8 mln undrawn capacity on credit facilities

Weighted average cost of debt is 5.99%

Company's debt to equity ratio is 1.23x

Result Drivers

INTEREST INCOME DECLINE - Co reports decreased interest income due to decline in benchmark rates and debt restructurings

DIVIDEND INCOME INCREASE - Co notes increase in dividend income compared to previous quarter

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Investments Fair Value
$1.58 bln
Q3 Net Asset Value Per Share
$19.28


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the closed end funds peer group is "buy"

Wall Street's median 12-month price target for Crescent Capital BDC Inc is $17.00, about 16.2% above its November 11 closing price of $14.24

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX9t1ns8

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)