NASDAQ:TCPC - BlackRock TCP Capital Stock Price, News, & Analysis

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$14.19 -0.02 (-0.14 %)
(As of 01/21/2019 12:33 PM ET)
Previous Close$14.21
Today's Range$14.17 - $14.35
52-Week Range$12.52 - $15.50
Volume284,776 shs
Average Volume267,998 shs
Market Capitalization$834.01 million
P/E Ratio7.13
Dividend Yield10.15%
Beta0.71
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. 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. It prefers to make equity investments in companies for an ownership stake.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:TCPC
CUSIP87238Q10
Phone310-566-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$175.97 million
Cash Flow$1.7894 per share
Book Value$14.81 per share

Profitability

Net Income$90.61 million

Miscellaneous

EmployeesN/A
Market Cap$834.01 million
OptionableOptionable

BlackRock TCP Capital (NASDAQ:TCPC) Frequently Asked Questions

What is BlackRock TCP Capital's stock symbol?

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

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

BlackRock TCP Capital announced a quarterly dividend on Thursday, November 8th. Investors of record on Monday, December 17th will be paid a dividend of $0.36 per share on Monday, December 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.15%. The ex-dividend date of this dividend is Friday, December 14th. View BlackRock TCP Capital's Dividend History.

How will BlackRock TCP Capital's stock buyback program work?

BlackRock TCP Capital announced that its board has initiated a share repurchase program on Wednesday, February 28th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp (NASDAQ:TCPC) released its earnings results on Thursday, November, 8th. The investment management company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. The investment management company had revenue of $49.48 million for the quarter, compared to analysts' expectations of $48.06 million. BlackRock TCP Capital had a return on equity of 11.56% and a net margin of 31.79%. View BlackRock TCP Capital's Earnings History.

When is BlackRock TCP Capital's next earnings date?

BlackRock TCP Capital is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for BlackRock TCP Capital.

What price target have analysts set for TCPC?

4 analysts have issued 1 year price targets for BlackRock TCP Capital's stock. Their predictions range from $16.00 to $19.00. On average, they anticipate BlackRock TCP Capital's stock price to reach $17.1250 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for BlackRock TCP Capital.

What is the consensus analysts' recommendation for BlackRock TCP Capital?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BlackRock TCP Capital.

Has BlackRock TCP Capital been receiving favorable news coverage?

News coverage about TCPC stock has been trending positive on Monday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. BlackRock TCP Capital earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned media coverage about the investment management company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Who are some of BlackRock TCP Capital's key competitors?

Who are BlackRock TCP Capital's key executives?

BlackRock TCP Capital's management team includes the folowing people:
  • Mr. Howard Marshall Levkowitz, Chairman & CEO (Age 51)
  • Mr. Rajneesh Vig CPA, Pres & COO (Age 47)
  • Mr. Michael E. Leitner, Managing Partner (Age 50)
  • Mr. Mark Keith Holdsworth, Managing Partner (Age 53)
  • Mr. Philip M. Tseng, Managing Partner (Age 41)

Who are BlackRock TCP Capital's major shareholders?

BlackRock TCP Capital's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.39%), Advisors Capital Management LLC (0.64%), 6 Meridian (0.58%), Dubuque Bank & Trust Co. (0.22%), Monument Capital Management (0.14%) and Sound Income Strategies LLC (0.05%). Company insiders that own BlackRock TCP Capital stock include Brian F Wruble, Eric John Draut, Howard Levkowitz, Karyn Leigh Williams, Kathleen A Corbet, Mark Holdsworth, Paul L Davis and Rajneesh Vig. View Institutional Ownership Trends for BlackRock TCP Capital.

Which major investors are selling BlackRock TCP Capital stock?

TCPC stock was sold by a variety of institutional investors in the last quarter, including Monument Capital Management, 6 Meridian, Advisors Capital Management LLC, Sound Income Strategies LLC, Sound Income Strategies LLC and Sound Income Strategies LLC. View Insider Buying and Selling for BlackRock TCP Capital.

Which major investors are buying BlackRock TCP Capital stock?

TCPC stock was purchased by a variety of institutional investors in the last quarter, including Dubuque Bank & Trust Co., Confluence Investment Management LLC and Joel Isaacson & Co. LLC. Company insiders that have bought BlackRock TCP Capital stock in the last two years include Brian F Wruble, Eric John Draut, Howard Levkowitz, Karyn Leigh Williams, Kathleen A Corbet, Mark Holdsworth, Paul L Davis and Rajneesh Vig. View Insider Buying and Selling for BlackRock TCP Capital.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock TCP Capital's stock price today?

One share of TCPC stock can currently be purchased for approximately $14.19.

How big of a company is BlackRock TCP Capital?

BlackRock TCP Capital has a market capitalization of $834.01 million and generates $175.97 million in revenue each year. The investment management company earns $90.61 million in net income (profit) each year or $1.99 on an earnings per share basis.

What is BlackRock TCP Capital's official website?

The official website for BlackRock TCP Capital is http://www.tcpcapital.com.

How can I contact BlackRock TCP Capital?

BlackRock TCP Capital's mailing address is 2951 28th Street Suite 1000, Santa Monica CA, 90405. The investment management company can be reached via phone at 310-566-1000 or via email at [email protected]


MarketBeat Community Rating for BlackRock TCP Capital (NASDAQ TCPC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  589
MarketBeat's community ratings are surveys of what our community members think about BlackRock TCP Capital and other stocks. Vote "Outperform" if you believe TCPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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