Blackrock Tcp Capital (NASDAQ:TCPC - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $56.16 million for the quarter.
Blackrock Tcp Capital (NASDAQ:TCPC - Get Free Report) last released its earnings results on Thursday, May 8th. The investment management company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.34 by $0.02. The firm had revenue of $55.89 million during the quarter, compared to analysts' expectations of $57.95 million. Blackrock Tcp Capital had a positive return on equity of 15.51% and a negative net margin of 18.22%. On average, analysts expect Blackrock Tcp Capital to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Blackrock Tcp Capital Stock Down 0.6%
Shares of NASDAQ:TCPC traded down $0.04 on Friday, hitting $7.13. 492,612 shares of the company's stock were exchanged, compared to its average volume of 582,889. The firm's 50-day moving average is $7.68 and its 200 day moving average is $7.90. The company has a market capitalization of $606.34 million, a PE ratio of -12.29 and a beta of 1.02. Blackrock Tcp Capital has a 1-year low of $6.27 and a 1-year high of $10.59. The company has a debt-to-equity ratio of 1.41, a quick ratio of 34.00 and a current ratio of 34.00.
Blackrock Tcp Capital Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 14.0%. The ex-dividend date of this dividend was Monday, June 16th. Blackrock Tcp Capital's dividend payout ratio is currently -172.41%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on TCPC shares. Wall Street Zen cut Blackrock Tcp Capital from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th. Keefe, Bruyette & Woods lowered their price objective on Blackrock Tcp Capital from $8.50 to $7.50 and set a "market perform" rating for the company in a research report on Tuesday, April 8th. Finally, Wells Fargo & Company lowered their price objective on Blackrock Tcp Capital from $7.50 to $6.50 and set an "underweight" rating for the company in a research report on Monday, April 28th.
Get Our Latest Stock Report on Blackrock Tcp Capital
Institutional Inflows and Outflows
An institutional investor recently raised its position in Blackrock Tcp Capital stock. Jones Financial Companies Lllp boosted its position in shares of Blackrock Tcp Capital Corp. (NASDAQ:TCPC - Free Report) by 5,349.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,461 shares of the investment management company's stock after buying an additional 91,746 shares during the period. Jones Financial Companies Lllp owned 0.11% of Blackrock Tcp Capital worth $749,000 as of its most recent SEC filing.
Blackrock Tcp Capital Company Profile
(
Get Free Report)
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals.
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