×
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:TCPC

BlackRock TCP Capital Stock Forecast, Price & News

$12.45
+0.24 (+1.97%)
(As of 06/24/2022 06:55 PM ET)
Add
Compare
Today's Range
$12.32
$12.47
50-Day Range
$11.87
$14.33
52-Week Range
$11.76
$14.52
Volume
248,000 shs
Average Volume
250,499 shs
Market Capitalization
$719.20 million
P/E Ratio
6.48
Dividend Yield
9.64%
Price Target
$14.88
30 days | 90 days | 365 days | Advanced Chart

Receive TCPC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for BlackRock TCP Capital and its competitors with MarketBeat's FREE daily newsletter.

TCPC Stock Forecast (MarketRank)

Overall MarketRank

2.48 out of 5 stars

Finance Sector

492nd out of 1,356 stocks

Fire, Marine, & Casualty Insurance Industry

28th out of 74 stocks

Analyst Opinion: 2.3Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
BlackRock TCP Capital logo

About BlackRock TCP Capital (NASDAQ:TCPC)

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, 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. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.

TCPC Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:TCPC
CUSIP
87238Q10
Employees
2,018
Year Founded
N/A

Company Calendar

Ex-Dividend for 3/31 Dividend
3/16/2022
Dividend Payable
3/31/2022
Last Earnings
5/04/2022
Ex-Dividend for 6/30 Dividend
6/15/2022
Today
6/27/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/01/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$14.88
High Stock Price Forecast
$15.50
Low Stock Price Forecast
$14.25
Forecasted Upside/Downside
+19.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
2 Analysts

Profitability

Net Income
$133.79 million
Pretax Margin
44.47%

Debt

Sales & Book Value

Annual Sales
$165.11 million
Cash Flow
$0.08 per share
Book Value
$14.36 per share

Miscellaneous

Free Float
57,357,000
Market Cap
$719.20 million
Optionable
Optionable
Beta
1.50














BlackRock TCP Capital Frequently Asked Questions

Should I buy or sell BlackRock TCP Capital stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BlackRock TCP Capital stock.
View analyst ratings for BlackRock TCP Capital
or view top-rated stocks.

What is BlackRock TCP Capital's stock price forecast for 2022?

2 Wall Street research analysts have issued twelve-month target prices for BlackRock TCP Capital's stock. Their TCPC stock forecasts range from $14.25 to $15.50. On average, they expect BlackRock TCP Capital's share price to reach $14.88 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price.
View analysts' price targets for BlackRock TCP Capital
or view top-rated stocks among Wall Street analysts.

How has BlackRock TCP Capital's stock price performed in 2022?

BlackRock TCP Capital's stock was trading at $13.51 at the start of the year. Since then, TCPC stock has decreased by 7.8% and is now trading at $12.45.
View the best growth stocks for 2022 here
.

When is BlackRock TCP Capital's next earnings date?

BlackRock TCP Capital is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for BlackRock TCP Capital
.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp. (NASDAQ:TCPC) released its quarterly earnings results on Wednesday, May, 4th. The investment management company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. The investment management company earned $42.15 million during the quarter, compared to analysts' expectations of $40.55 million. BlackRock TCP Capital had a net margin of 66.68% and a trailing twelve-month return on equity of 8.98%. During the same period in the previous year, the company earned $0.32 EPS.
View BlackRock TCP Capital's earnings history
.

How often does BlackRock TCP Capital pay dividends? What is the dividend yield for BlackRock TCP Capital?

BlackRock TCP Capital declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Thursday, June 16th will be given a dividend of $0.30 per share on Thursday, June 30th. This represents a $1.20 annualized dividend and a dividend yield of 9.64%. The ex-dividend date is Wednesday, June 15th.
View BlackRock TCP Capital's dividend history
.

Is BlackRock TCP Capital a good dividend stock?

BlackRock TCP Capital(NASDAQ:TCPC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 9.64%. TCPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of BlackRock TCP Capital is 62.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, BlackRock TCP Capital will have a dividend payout ratio of 85.11% in the coming year. This indicates that BlackRock TCP Capital may not be able to sustain their current dividend.
View BlackRock TCP Capital's dividend history.

Who are BlackRock TCP Capital's key executives?

BlackRock TCP Capital's management team includes the following people:
  • Mr. Rajneesh Vig CPA, Chairman & CEO (Age 51) (LinkedIn Profile)
  • Mr. Philip M. Tseng, COO & Pres (Age 46)
  • Mr. Michael Eric Leitner, Managing Partner (Age 54)
  • Mr. Mark Keith Holdsworth, Managing Partner (Age 57)
  • Mr. Erik L. Cuellar CPA, CFO & Controller (Age 51)
  • Ms. Kathleen McGlynn, VP of Investor Relations
  • Mr. Charles Choon Sik Park, Chief Compliance Officer (Age 55)
  • Mr. Laurence D. Paredes, Gen. Counsel & Sec. (Age 54)
  • Mr. Robert G. DiPaolo CPA, Managing Director
  • Mr. Bradley B. Pritchard, Managing Director (Age 55)

What other stocks do shareholders of BlackRock TCP Capital own?

What is BlackRock TCP Capital's stock symbol?

BlackRock TCP Capital trades on the NASDAQ under the ticker symbol "TCPC."

Who are BlackRock TCP Capital's major shareholders?

BlackRock TCP Capital's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (2.48%), Cliffwater LLC (1.99%), Invesco Ltd. (1.59%), Bank of America Corp DE (1.07%), Advisors Capital Management LLC (0.90%) and Confluence Investment Management LLC (0.73%). Company insiders that own BlackRock TCP Capital stock include Andrea Petro, Brian F Wruble, Erik L Cuellar, Howard Levkowitz, Karyn Leigh Williams, Kathleen A Corbet, Michael E Leitner, Paul L Davis and Rajneesh Vig.
View institutional ownership trends for BlackRock TCP Capital
.

Which institutional investors are selling BlackRock TCP Capital stock?

TCPC stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Cambridge Investment Research Advisors Inc., Commonwealth Equity Services LLC, Raymond James & Associates, Invesco Ltd., HighTower Advisors LLC, Advisor Group Holdings Inc., and BlackRock Inc..
View insider buying and selling activity for BlackRock TCP Capital
or view top insider-selling stocks.

Which institutional investors are buying BlackRock TCP Capital stock?

TCPC stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Richard P Slaughter Associates Inc, Cliffwater LLC, Arkadios Wealth Advisors, Jag Capital Management LLC, Neuberger Berman Group LLC, Muzinich & Co. Inc., and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought BlackRock TCP Capital stock in the last two years include Andrea Petro, Erik L Cuellar, Karyn Leigh Williams, Kathleen A Corbet, and Rajneesh Vig.
View insider buying and selling activity for BlackRock TCP Capital
or or view top insider-buying stocks.

How do I buy shares of BlackRock TCP Capital?

Shares of TCPC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BlackRock TCP Capital's stock price today?

One share of TCPC stock can currently be purchased for approximately $12.45.

How much money does BlackRock TCP Capital make?

BlackRock TCP Capital (NASDAQ:TCPC) has a market capitalization of $719.20 million and generates $165.11 million in revenue each year. The investment management company earns $133.79 million in net income (profit) each year or $1.919990 on an earnings per share basis.

How many employees does BlackRock TCP Capital have?

BlackRock TCP Capital employs 2,018 workers across the globe.

How can I contact BlackRock TCP Capital?

BlackRock TCP Capital's mailing address is 2951 28th Street Suite 1000, Santa Monica CA, 90405. The official website for BlackRock TCP Capital is www.tcpcapital.com. The investment management company can be reached via phone at (310) 566-1000, via email at [email protected], or via fax at 310-899-4950.

This page (NASDAQ:TCPC) was last updated on 6/27/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.