How Have the Numbers Shaped Up for InvestcorpCreditManagementBDCInc . Stock Forecast, Price & News (NASDAQ:ICMB)

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Earnings results for InvestcorpCreditManagementBDCInc . Stock Forecast, Price & News (NASDAQ:ICMB)

Investcorp Credit Management BDC, Inc. is expected* to report earnings on 09/14/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.19. The reported EPS for the same quarter last year was $0.22.

Analyst Opinion on InvestcorpCreditManagementBDCInc . Stock Forecast, Price & News (NASDAQ:ICMB)

1 Wall Street analysts have issued ratings and price targets for InvestcorpCreditManagementBDCInc . in the last 12 months. Their average twelve-month price target is $9.00, predicting that the stock has a possible upside of 171.90%. The high price target for ICMB is $9.00 and the low price target for ICMB is $9.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

InvestcorpCreditManagementBDCInc . has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $9.00, InvestcorpCreditManagementBDCInc . has a forecasted upside of 171.9% from its current price of $3.31. InvestcorpCreditManagementBDCInc . has received no research coverage in the past 90 days.

Dividend Strength: InvestcorpCreditManagementBDCInc . Stock Forecast, Price & News (NASDAQ:ICMB)

InvestcorpCreditManagementBDCInc . is a leading dividend payer. It pays a dividend yield of 18.10%, putting its dividend yield in the top 25% of dividend-paying stocks. InvestcorpCreditManagementBDCInc . does not have a long track record of dividend growth. The dividend payout ratio of InvestcorpCreditManagementBDCInc . is 60.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, InvestcorpCreditManagementBDCInc . will have a dividend payout ratio of 75.00% next year. This indicates that InvestcorpCreditManagementBDCInc . will be able to sustain or increase its dividend.

Insiders buying/selling: InvestcorpCreditManagementBDCInc . Stock Forecast, Price & News (NASDAQ:ICMB)

In the past three months, InvestcorpCreditManagementBDCInc . insiders have not sold or bought any company stock. Only 1.66% of the stock of InvestcorpCreditManagementBDCInc . is held by insiders. 40.01% of the stock of InvestcorpCreditManagementBDCInc . is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of InvestcorpCreditManagementBDCInc . Stock Forecast, Price & News (NASDAQ:ICMB

Earnings for InvestcorpCreditManagementBDCInc . are expected to decrease by -18.37% in the coming year, from $0.98 to $0.80 per share. The P/E ratio of InvestcorpCreditManagementBDCInc . is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of InvestcorpCreditManagementBDCInc . is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. InvestcorpCreditManagementBDCInc . has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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