About TCP Capital Corp.
TCP Capital Corp. is a closed-end, non-diversified management investment company. The Company's investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. The Company invests in debt securities of middle-market companies. The Company holds interests in Special Value Continuation Partners, LP. The Company receives contractual interest payments on debt investments and originations, and equity appreciation through options, warrants, conversion rights or direct equity investments. The Company has various types of investment assets, such as equity, senior secured debt, and mezzanine/junior. Its portfolio includes its investments in various industries, such as software publishing; computer systems design and related services; business support services; insurance carriers; radio and television broadcasting; air transportation, and hospitals. Its investment advisor is Tennenbaum Capital Partners, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: Asset Management & Custody Banks
- Exchange: NASDAQ
- Symbol: TCPC
- CUSIP: 87238Q10
- Previous Close: $17.19
- 50 Day Moving Average: $16.88
- 200 Day Moving Average: $16.55
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.95
- P/E Growth: 2.25
- Market Cap: $N/A
- Beta: 0.68
- Net Margins: 40.54%
- Return on Equity: 13.16%
- Return on Assets: 7.41%
Companies Related to TCP Capital Corp.:
- Debt-to-Equity Ratio: 0.80%
- Current Ratio: 11.96%
- Quick Ratio: 11.96%
What is TCP Capital Corp.'s stock symbol?
TCP Capital Corp. trades on the NASDAQ under the ticker symbol "TCPC."
How often does TCP Capital Corp. pay dividends? What is the dividend yield for TCP Capital Corp.?
TCP Capital Corp. announced a quarterly dividend on Wednesday, November 9th. Stockholders of record on Friday, December 16th will be paid a dividend of $0.36 per share on Friday, December 30th. This represents a $1.44 annualized dividend and a dividend yield of 8.38%. The ex-dividend date is Wednesday, December 14th.
Where is TCP Capital Corp.'s stock going? Where will TCP Capital Corp.'s stock price be in 2017?
9 brokers have issued 12 month price targets for TCP Capital Corp.'s shares. Their forecasts range from $15.00 to $18.00. On average, they anticipate TCP Capital Corp.'s share price to reach $16.39 in the next year.
When will TCP Capital Corp. announce their earnings?
TCP Capital Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.
What are analysts saying about TCP Capital Corp. stock?
Here are some recent quotes from research analysts about TCP Capital Corp. stock:
National Securities analysts commented, "Downgrade: We are downgrading TCPC (TCP Capital Corp.) to NEUTRAL from BUY and maintaining our $17 price target. This downgrade is solely a result of valuation and our investment thesis remains in-tact. We are maintaining our 2016 NII/share estimate of $1.55 and our 2017 NII/share estimate of $1.63. Our $17 price target implies an estimated 2017 P/NII (Price/NII) of 10.4x, dividend yield of 8.5%, and P/NAV (Price/NAV) of 1.11x compared to the BDC sector averages of 9.9x, 9.4%, and 0.90x, respectively." (11/28/2016)
According to Zacks Investment Research, "TCP Capital Corp. is an externally managed specialty finance company focused on middle-market lending. The Company's investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. TCP Capital Corp. is based in Santa Monica, CA. " (11/23/2016)
Who owns TCP Capital Corp. stock?
TCP Capital Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Burgundy Asset Management Ltd. (6.60%), CNO Financial Group Inc. (3.79%), Barings LLC (0.00%), Guggenheim Capital LLC (0.00%), Van ECK Associates Corp (0.52%) and Advisory Research Inc. (0.00%). Company insiders that own TCP Capital Corp. stock include Brian F Wruble, Eric John Draut, Howard Levkowitz, Paul L Davis, Peter E Schwab and Rajneesh Vig.
Who sold TCP Capital Corp. stock? Who is selling TCP Capital Corp. stock?
TCP Capital Corp.'s stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., State Street Corp, Ladenburg Thalmann Financial Services Inc. and Raymond James Financial Services Advisors Inc..
Who bought TCP Capital Corp. stock? Who is buying TCP Capital Corp. stock?
TCP Capital Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd., Advisory Research Inc., Guggenheim Capital LLC, Van ECK Associates Corp, A.R.T. Advisors LLC, Capstone Investment Advisors LLC and Two Sigma Investments LP. Company insiders that have bought TCP Capital Corp. stock in the last two years include Brian F Wruble, Eric John Draut, Howard Levkowitz, Paul L Davis, Peter E Schwab and Rajneesh Vig.
How do I buy TCP Capital Corp. stock?
Shares of TCP Capital Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of TCP Capital Corp. stock cost?
One share of TCP Capital Corp. stock can currently be purchased for approximately $17.19.