TCP Capital Corp. Company Profile (NASDAQ:TCPC)

About TCP Capital Corp.

TCP Capital Corp. logoTCP 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
Key Metrics:
  • Previous Close: $16.38
  • 50 Day Moving Average: $16.23
  • 200 Day Moving Average: $15.22
  • 52-Week Range: $12.00 - $16.78
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.37
  • P/E Growth: 2.17
  • Market Cap: $N/A
  • Beta: 0.67
Profitability:
  • Net Margins: 39.12%
  • Return on Equity: 12.52%
  • Return on Assets: 7.09%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.72%
  • Quick Ratio: 1.72%
Additional Links:
Companies Related to TCP Capital Corp.:

Analyst Ratings

Consensus Ratings for TCP Capital Corp. (NASDAQ:TCPC) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $16.33 (0.28% downside)

Analysts' Ratings History for TCP Capital Corp. (NASDAQ:TCPC)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016DA DavidsonInitiated CoverageBuy$18.00View Rating Details
9/22/2016National SecuritiesReiterated RatingBuy$17.00View Rating Details
8/18/2016FBR & CoReiterated RatingBuyView Rating Details
8/17/2016Citigroup Inc.Boost Price TargetNeutral$14.00 -> $15.00View Rating Details
8/10/2016JMP SecuritiesBoost Price TargetMarket Outperform$16.50 -> $17.00View Rating Details
8/10/2016Deutsche Bank AGBoost Price TargetHold$14.75 -> $15.50View Rating Details
3/1/2016WunderlichLower Price TargetHold$16.00 -> $15.00View Rating Details
3/1/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$16.00View Rating Details
3/1/2016Cantor FitzgeraldReiterated RatingBuy$16.00View Rating Details
7/1/2015BMO Capital MarketsInitiated CoverageBuy$17.50View Rating Details
5/8/2015MLV & Co.Reiterated RatingBuy$19.00View Rating Details
3/11/2015Keefe, Bruyette & WoodsLower Price TargetOutperform$18.00 -> $17.50View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for TCP Capital Corp. (NASDAQ:TCPC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/9/2016Q216$0.39$0.38$35.72 millionViewN/AView Earnings Details
5/10/2016Q116$0.39$0.38$35.36 millionViewListenView Earnings Details
2/29/2016Q415$0.40$0.43$35.75 millionViewListenView Earnings Details
11/5/2015Q315$0.39$0.40$35.64 millionViewListenView Earnings Details
8/6/2015Q215$0.40$0.44$34.84 millionViewListenView Earnings Details
5/7/2015Q115$0.38$0.47ViewN/AView Earnings Details
3/10/2015Q414$0.39$0.40$31.20 millionViewListenView Earnings Details
11/6/2014Q214$0.38$0.38$26.42 million$27.19 millionViewListenView Earnings Details
8/7/2014Q2$0.38$0.40$23.19 million$24.59 millionViewN/AView Earnings Details
5/8/2014Q114$0.37$0.39$22.21 millionViewN/AView Earnings Details
3/6/2014Q413$0.38$0.46$19.74 millionViewN/AView Earnings Details
11/7/2013Q313$0.38$0.40$16.60 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.41$0.38$15.49 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.39$0.49$14.67 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.46$0.51$12.81 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TCP Capital Corp. (NASDAQ:TCPC)
Current Year EPS Consensus Estimate: $1.52 EPS
Next Year EPS Consensus Estimate: $1.58 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.39$0.46$0.42
Q2 20163$0.37$0.39$0.38
Q3 20162$0.38$0.39$0.39
Q4 20163$0.37$0.41$0.39
Q1 20173$0.39$0.41$0.40
Q2 20173$0.39$0.40$0.40
Q3 20173$0.41$0.43$0.42
Q4 20173$0.38$0.42$0.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TCP Capital Corp. (NASDAQ:TCPC)
Annual Dividend:$1.44
Dividend Yield:8.79%
Payout Ratio:134.58% (Based on Trailing 12 Months of Earnings)
94.74% (Based on Current Year Consensus EPS Estimate)
91.14% (Based on Next Year Consensus EPS Estimate)

Dividend History for TCP Capital Corp. (NASDAQ:TCPC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/10/2016quarterly$0.368.95%9/14/20169/16/20169/30/2016
5/11/2016quarterly$0.369.75%6/14/20166/16/20166/30/2016
3/1/2016quarterly$0.3610.49%3/15/20163/17/20163/31/2016
11/6/2015quarterly$0.369.41%12/15/201512/17/201512/31/2015
8/7/2015quarterly$0.369.5%9/14/20159/16/20159/30/2015
5/8/2015quarterly$0.369.25%6/12/20156/16/20156/30/2015
3/10/2015quarterly$0.368.92%3/17/20153/19/20153/31/2015
11/6/2014quarterly$0.368.51%12/4/201412/8/201412/31/2014
8/7/2014quarterly$0.368.31%9/12/20149/16/20149/30/2014
5/9/2014quarterly$0.369.11%6/16/20146/18/20146/30/2014
3/6/2014quarterly$0.368.36%3/13/20143/17/20143/31/2014
11/8/2013special$0.058.34%12/6/201312/10/201312/31/2013
11/8/2013quarterly$0.368.34%12/6/201312/10/201312/31/2013
8/9/2013quarterly$0.369.36%9/5/20139/9/20139/30/2013
5/8/2013quarterly$0.369.26%6/5/20136/7/20136/28/2013
3/8/2013quarterly$0.358.93%3/14/20133/18/20133/29/2013
3/7/2013special$0.058.93%3/14/20133/18/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TCP Capital Corp. (NASDAQ:TCPC)
Insider Ownership Percentage: 0.53%
Institutional Ownership Percentage: 44.33%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/27/2016Paul L DavisCFOBuy500$14.48$7,240.00View SEC Filing  
5/20/2016Howard LevkowitzCEOBuy5,000$14.54$72,700.00View SEC Filing  
1/22/2016Brian F WrubleDirectorBuy3,000$12.86$38,580.00View SEC Filing  
1/22/2016Howard LevkowitzCEOBuy5,000$12.87$64,350.00View SEC Filing  
1/22/2016Rajneesh VigCOOBuy4,000$12.96$51,840.00View SEC Filing  
12/18/2015Howard LevkowitzCEOBuy3,000$14.00$42,000.00View SEC Filing  
12/18/2015Peter E. SchwabDirectorBuy3,500$14.07$49,245.00View SEC Filing  
12/11/2015Eric John DrautDirectorBuy1,000$14.42$14,420.00View SEC Filing  
11/16/2015Howard LevkowitzCEOBuy5,000$15.25$76,250.00View SEC Filing  
11/11/2015Brian F WrubleDirectorBuy6,000$15.14$90,840.00View SEC Filing  
9/28/2015Paul L DavisCFOBuy1,000$14.24$14,240.00View SEC Filing  
9/14/2015Rajneesh VigCOOBuy3,750$14.90$55,875.00View SEC Filing  
6/26/2015Howard LevkowitzCEOBuy5,000$15.38$76,900.00View SEC Filing  
10/15/2014Elizabeth GreenwoodInsiderBuy1,000$15.21$15,210.00View SEC Filing  
10/15/2014Peter E SchwabDirectorBuy5,000$15.41$77,050.00View SEC Filing  
10/15/2014Rajneesh VigCOOBuy3,000$15.19$45,570.00View SEC Filing  
10/10/2014Mark HoldsworthInsiderBuy5,000$15.81$79,050.00View SEC Filing  
5/14/2014Mark HoldsworthInsiderBuy10,000$15.86$158,600.00View SEC Filing  
5/13/2014Todd Jaquez-FissoriDirectorBuy1,200$15.81$18,972.00View SEC Filing  
5/12/2014Howard LevkowitzCEOBuy5,000$15.90$79,500.00View SEC Filing  
8/19/2013Eric John DrautDirectorBuy1,000$15.05$15,050.00View SEC Filing  
8/16/2013Franklin JohnsonDirectorBuy3,280$15.23$49,954.40View SEC Filing  
8/13/2013Howard LevkowitzCEOBuy10,000$15.28$152,800.00View SEC Filing  
6/5/2013Franklin JohnsonDirectorBuy3,193$15.70$50,130.10View SEC Filing  
12/17/2012Howard LevkowitzCEOBuy2,300$14.72$33,856.00View SEC Filing  
12/12/2012Mark HoldsworthInsiderBuy10,000$14.82$148,200.00View SEC Filing  
11/28/2012Rajneesh VigPresidentBuy10,000$14.99$149,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for TCP Capital Corp. (NASDAQ:TCPC)
DateHeadline
News IconAnalysts Take the Wheel on TCP Capital Corp. (NASDAQ:TCPC) Shares and Where They Might Be Headed - Frisco Fastball (NASDAQ:TCPC)
friscofastball.com - September 21 at 11:43 AM
News IconHow Analysts Rated TCP Capital Corp (NASDAQ:TCPC) Last Week? - Post News (NASDAQ:TCPC)
www.kentuckypostnews.com - September 18 at 7:01 PM
4-traders.com logoTCP CAPITAL CORP : ex-dividend day (NASDAQ:TCPC)
www.4-traders.com - September 14 at 7:46 PM
stocksdaily.net logoCan TCP Capital Corp. (NASDAQ:TCPC) Hit High Of $19? - Stocks Daily (NASDAQ:TCPC)
www.stocksdaily.net - September 14 at 11:58 AM
stocksdaily.net logoTCP Capital Corp. (NASDAQ:TCPC) Rating At 1.67 - Stocks Daily (NASDAQ:TCPC)
www.stocksdaily.net - September 12 at 7:08 PM
investornewswire.com logoCan TCP Capital Corp. (NASDAQ:TCPC) Keep Up With Analyst Expectations? - Investor Newswire (NASDAQ:TCPC)
www.investornewswire.com - September 11 at 6:54 PM
finance.yahoo.com logoTennenbaum Capital Partners Welcomes Mark Kronfeld As Managing Director (NASDAQ:TCPC)
finance.yahoo.com - September 7 at 7:43 PM
publicnow.com logoTCP Capital Corp. Closes Private Offering Of $140 Million Of 4.625% Convertible Senior Notes Due 2022 (NASDAQ:TCPC)
www.publicnow.com - September 6 at 7:45 PM
biz.yahoo.com logoTCP CAPITAL CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli (NASDAQ:TCPC)
biz.yahoo.com - September 6 at 7:45 PM
streetinsider.com logoTCP Capital (TCPC) Prices Aggregate $125M Conv. Notes Offering (NASDAQ:TCPC)
www.streetinsider.com - September 1 at 7:35 PM
News IconTCP Capital Corp. Prices $125 Million Of 4.625% Convertible Senior Notes Due 2022 (NASDAQ:TCPC)
ih.advfn.com - September 1 at 7:35 PM
finance.yahoo.com logoBlackline Acquires Runbook (NASDAQ:TCPC)
finance.yahoo.com - September 1 at 7:35 PM
finance.yahoo.com logoTCP Capital Corp. Prices $125 Million Of 4.625% Convertible Senior Notes Due 2022 - Yahoo Finance (NASDAQ:TCPC)
finance.yahoo.com - August 31 at 10:58 AM
feeds.reuters.com logoBRIEF-TCP prices $125 million of 4.625% convertible senior notes due 2022 (NASDAQ:TCPC)
feeds.reuters.com - August 31 at 9:16 AM
finance.yahoo.com logoTCP Capital Corp. Announces Private Offering Of Convertible Senior Notes Due 2022 - Yahoo Finance (NASDAQ:TCPC)
finance.yahoo.com - August 30 at 7:31 PM
finance.yahoo.com logo4:02 pm TCP Capital announces $100 mln private offering of convertible senior notes due 2022 (NASDAQ:TCPC)
finance.yahoo.com - August 30 at 7:31 PM
biz.yahoo.com logoTCP CAPITAL CORP. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:TCPC)
biz.yahoo.com - August 30 at 7:31 PM
publicnow.com logoTCP Capital Corp. Announces Private Offering Of Convertible Senior Notes Due 2022 (NASDAQ:TCPC)
www.publicnow.com - August 30 at 7:31 PM
finance.yahoo.com logoM. Freddie Reiss Named Independent Director At TCP Capital Corp. - Yahoo Finance (NASDAQ:TCPC)
finance.yahoo.com - August 26 at 10:38 AM
prnewswire.com logoM. Freddie Reiss Named Independent Director At TCP Capital Corp. - PR Newswire (press release) (NASDAQ:TCPC)
www.prnewswire.com - August 24 at 10:48 AM
biz.yahoo.com logoTCP CAPITAL CORP. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:TCPC)
biz.yahoo.com - August 24 at 10:48 AM
publicnow.com logoM. Freddie Reiss Named Independent Director At TCP Capital Corp. (NASDAQ:TCPC)
www.publicnow.com - August 24 at 10:48 AM
feeds.reuters.com logoBRIEF-TCP Capital says appointment of M. Freddie Reiss as an independent director (NASDAQ:TCPC)
feeds.reuters.com - August 24 at 9:02 AM
News IconWhat is the Consensus on TCP Capital Corp. (NASDAQ:TCPC) Shares? - Post News (NASDAQ:TCPC)
www.kentuckypostnews.com - August 23 at 7:53 PM
finance.yahoo.com logoEdited Transcript of TCPC earnings conference call or presentation 9-Aug-16 5:00pm GMT (NASDAQ:TCPC)
finance.yahoo.com - August 10 at 10:52 AM
reuters.com logoBRIEF-Tcp Capital Corp qtrly net investment income $0.38 per share (NASDAQ:TCPC)
www.reuters.com - August 9 at 8:02 PM
finance.yahoo.com logoTCP Capital Corp. Announces Second Quarter 2016 Financial Results; Net Investment Income Of $0.38 Per … (NASDAQ:TCPC)
finance.yahoo.com - August 9 at 8:02 PM
prnewswire.com logoTCP Capital Corp. Announces Second Quarter 2016 Financial Results; Net ... (NASDAQ:TCPC)
www.prnewswire.com - August 9 at 8:02 PM
prnewswire.com logoTCP Capital Corp. Announces Second Quarter 2016 Financial Results; Net Investment Income Of $0.38 Per Share ... - PR Newswire (press release) (NASDAQ:TCPC)
www.prnewswire.com - August 9 at 11:04 AM
sg.finance.yahoo.com logoTCP Capital meets 2Q profit forecasts (NASDAQ:TCPC)
sg.finance.yahoo.com - August 9 at 11:04 AM
publicnow.com logoTCP Capital Corp. Announces Second Quarter 2016 Financial Results; Net Investment Income Of $0.38 Per Share; Board Declares Third Quarter Dividend Of $0.36 Per Share (NASDAQ:TCPC)
www.publicnow.com - August 9 at 11:04 AM
seekingalpha.com logoTCP Capital declares $0.36 dividend (NASDAQ:TCPC)
seekingalpha.com - August 9 at 8:34 AM
investornewswire.com logoTCP Capital Corp. (NASDAQ:TCPC) Analyst Rating in Focus - Investor Newswire (NASDAQ:TCPC)
www.investornewswire.com - July 30 at 6:56 PM
News IconStock Focus: Following Analyst Expectations on Shares of TCP Capital Corp. (NASDAQ:TCPC) - TGP (NASDAQ:TCPC)
telanaganapress.com - July 20 at 8:45 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for TCP Capital Corp. (NASDAQ:TCPC) - TGP (NASDAQ:TCPC)
telanaganapress.com - July 20 at 8:45 PM
News IconEquity Roundup: Stock Performance Focus on TCP Capital Corp. (NASDAQ:TCPC) - Press Telegraph (NASDAQ:TCPC)
presstelegraph.com - July 20 at 8:45 PM
4-traders.com logoTCP Capital Corp :. Announces Sale Of Common Shares To Certain Investors In A Registered Direct Offering (NASDAQ:TCPC)
www.4-traders.com - July 15 at 1:02 PM
News IconAnalyst Target and Average Rating Watch: TCP Capital Corp. (NASDAQ:TCPC) - Press Telegraph (NASDAQ:TCPC)
presstelegraph.com - July 14 at 8:01 PM
News IconTCP Capital Corp. (NASDAQ:TCPC) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:TCPC)
www.engelwooddaily.com - July 14 at 8:01 PM
News IconTCP Capital Corp. (NASDAQ:TCPC) Wall Street Analyst Recommendation Outlook - Telanagana Press (NASDAQ:TCPC)
telanaganapress.com - July 12 at 12:05 PM
ftsenews.co.uk logoNew Broker Ratings For TCP Capital Corp. (NASDAQ:TCPC) - FTSE News (NASDAQ:TCPC)
www.ftsenews.co.uk - July 12 at 12:05 PM
fiscalstandard.com logoTCP Capital Corp. (NASDAQ:TCPC) Broker Price Targets For The Coming Week - Fiscal Standard (NASDAQ:TCPC)
www.fiscalstandard.com - July 12 at 12:05 PM
News IconCan TCP Capital Corp. (NASDAQ:TCPC) Improve on the Earnings Front? - Engelwood Daily (NASDAQ:TCPC)
www.engelwooddaily.com - July 9 at 10:44 AM
fiscalstandard.com logoTCP Capital Corp. (NASDAQ:TCPC) Current Analyst Ratings - Fiscal Standard (NASDAQ:TCPC)
www.fiscalstandard.com - July 9 at 10:44 AM
finance.yahoo.com logoTCP Capital Corp. Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2016 - Yahoo Finance (NASDAQ:TCPC)
finance.yahoo.com - July 9 at 10:44 AM
fidaily.com logoStock is up at $15.48 TCP Capital Corp. Announces Sale Of… (NASDAQ:TCPC)
www.fidaily.com - July 7 at 7:48 PM
publicnow.com logoTCP Capital Corp. Announces Sale Of Common Shares To Certain Investors In A Registered Direct Offering (NASDAQ:TCPC)
www.publicnow.com - July 7 at 6:21 PM
fidaily.com logoShares now unchanged at $15.43 (TCPC) TCP Capital Corp. Schedules Earnings... - Finance Daily (NASDAQ:TCPC)
www.fidaily.com - July 7 at 10:30 AM
News IconCompany Stock Focus for TCP Capital Corp. (NASDAQ:TCPC): Which Way Will Shares Head? - Press Telegraph (NASDAQ:TCPC)
presstelegraph.com - July 7 at 10:30 AM
prnewswire.com logoTCP Capital Corp. Schedules Earnings Release and Conference Call for the Second Quarter Ended June 30, 2016 - PR Newswire (press release) (NASDAQ:TCPC)
www.prnewswire.com - July 7 at 10:30 AM

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TCP Capital Corp. (NASDAQ:TCPC) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff