S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
An Unusual Way to Invest in Gold (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Lemonade nears breakout, short interest surges, analysts bearish
An Unusual Way to Invest in Gold (Ad)
ULTA stock is setting up to swing for the fences
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
An Unusual Way to Invest in Gold (Ad)
This is a buy-the-dip opportunity in Zscaler
US gas prices have fallen or remained steady for 10 weeks straight. Here's why
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
An Unusual Way to Invest in Gold (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Lemonade nears breakout, short interest surges, analysts bearish
An Unusual Way to Invest in Gold (Ad)
ULTA stock is setting up to swing for the fences
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
An Unusual Way to Invest in Gold (Ad)
This is a buy-the-dip opportunity in Zscaler
US gas prices have fallen or remained steady for 10 weeks straight. Here's why
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
An Unusual Way to Invest in Gold (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Lemonade nears breakout, short interest surges, analysts bearish
An Unusual Way to Invest in Gold (Ad)
ULTA stock is setting up to swing for the fences
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
An Unusual Way to Invest in Gold (Ad)
This is a buy-the-dip opportunity in Zscaler
US gas prices have fallen or remained steady for 10 weeks straight. Here's why
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
An Unusual Way to Invest in Gold (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Lemonade nears breakout, short interest surges, analysts bearish
An Unusual Way to Invest in Gold (Ad)
ULTA stock is setting up to swing for the fences
Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
An Unusual Way to Invest in Gold (Ad)
This is a buy-the-dip opportunity in Zscaler
US gas prices have fallen or remained steady for 10 weeks straight. Here's why

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

$11.89
+0.01 (+0.08%)
(As of 11/28/2023 ET)
Compare
Today's Range
$11.83
$11.92
50-Day Range
$10.37
$12.15
52-Week Range
$9.60
$13.52
Volume
285,049 shs
Average Volume
268,267 shs
Market Capitalization
N/A
P/E Ratio
198.17
Dividend Yield
11.44%
Price Target
$12.20

BlackRock TCP Capital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
2.6% Upside
$12.20 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of BlackRock TCP Capital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.69%
From $1.86 to $1.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.46 out of 5 stars


TCPC stock logo

About BlackRock TCP Capital Stock (NASDAQ:TCPC)

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. 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 Price History

TCPC Stock News Headlines

An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
JMP Securities Remains a Buy on BlackRock TCP Capital (TCPC)
BlackRock TCP Capital Q2 2023 Earnings Preview
US09259E1082.SG - BlackRock TCP Capital Corp.
See More Headlines
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.

Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
11/02/2023
Today
11/28/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/27/2024

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

Price Target and Rating

Average Stock Price Target
$12.20
High Stock Price Target
$13.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-9,230,000.00
Pretax Margin
50.87%

Debt

Sales & Book Value

Annual Sales
$181 million
Cash Flow
$0.07 per share
Book Value
$14.36 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.42
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives















TCPC Stock Analysis - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TCPC shares.
View TCPC analyst ratings
or view top-rated stocks.

What is BlackRock TCP Capital's stock price target for 2024?

5 Wall Street analysts have issued twelve-month price targets for BlackRock TCP Capital's stock. Their TCPC share price targets range from $11.00 to $13.00. On average, they expect the company's share price to reach $12.20 in the next year. This suggests a possible upside of 2.6% from the stock's current price.
View analysts price targets for TCPC
or view top-rated stocks among Wall Street analysts.

How have TCPC shares performed in 2023?

BlackRock TCP Capital's stock was trading at $12.94 on January 1st, 2023. Since then, TCPC shares have decreased by 8.1% and is now trading at $11.89.
View the best growth stocks for 2023 here
.

When is BlackRock TCP Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our TCPC earnings forecast
.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp. (NASDAQ:TCPC) released its quarterly earnings data on Thursday, November, 2nd. The investment management company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The investment management company had revenue of $54.21 million for the quarter, compared to the consensus estimate of $53.66 million. BlackRock TCP Capital had a trailing twelve-month return on equity of 14.00% and a net margin of 1.95%.

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 Thursday, November 2nd. Investors of record on Friday, December 15th will be given a dividend of $0.59 per share on Friday, December 29th. This represents a $2.36 dividend on an annualized basis and a yield of 19.85%. The ex-dividend date is Thursday, December 14th. This is an increase from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for TCPC
.

Is BlackRock TCP Capital a good dividend stock?

BlackRock TCP Capital (NASDAQ:TCPC) pays an annual dividend of $1.36 per share and currently has a dividend yield of 11.45%. TCPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 2,266.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TCPC will have a dividend payout ratio of 75.14% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCPC.

What ETFs hold BlackRock TCP Capital's stock?

ETFs with the largest weight of BlackRock TCP Capital (NASDAQ:TCPC) stock in their portfolio include Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).

What other stocks do shareholders of BlackRock TCP Capital own?
Who are BlackRock TCP Capital's major shareholders?

BlackRock TCP Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (0.00%), Legal & General Group Plc (0.00%), D.A. Davidson & CO. (0.00%), Hennion & Walsh Asset Management Inc. (0.00%), Advisors Asset Management Inc. (0.00%) and Raymond James & Associates (0.00%). Insiders that own company stock include Andrea Petro, Erik L Cuellar, Karyn Leigh Williams and Rajneesh Vig.
View institutional ownership trends
.

How do I buy shares of BlackRock TCP Capital?

Shares of TCPC stock 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.

This page (NASDAQ:TCPC) was last updated on 11/29/2023 by MarketBeat.com Staff

My Account -