NASDAQ:TCPC BlackRock TCP Capital (TCPC) Stock Forecast, Price & News $10.51 +0.13 (+1.25%) (As of 05/26/2023 08:47 PM ET) Add Compare Share Share Today's Range$10.38▼$10.5250-Day Range$9.73▼$10.7452-Week Range$9.60▼$14.33Volume147,100 shsAverage Volume251,110 shsMarket CapitalizationN/AP/E Ratio1,052.05Dividend Yield12.18%Price Target$12.20 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media BlackRock TCP Capital MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside16.1% Upside$12.20 Price TargetShort InterestHealthy0.82% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.45%From $1.74 to $1.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.96 out of 5 stars 3.3 Analyst's Opinion Consensus RatingBlackRock TCP Capital has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.20, BlackRock TCP Capital has a forecasted upside of 16.1% from its current price of $10.51.Amount of Analyst CoverageBlackRock TCP Capital has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.82% of the float of BlackRock TCP Capital has been sold short.Short Interest Ratio / Days to CoverBlackRock TCP Capital has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BlackRock TCP Capital has recently increased by 24.20%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipBlackRock TCP Capital is a leading dividend payer. It pays a dividend yield of 12.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlackRock TCP Capital has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of BlackRock TCP Capital is 12,812.81%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, BlackRock TCP Capital will have a dividend payout ratio of 76.19% in the coming year. This indicates that BlackRock TCP Capital may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCPC. Previous Next 1.8 News and Social Media Coverage News SentimentBlackRock TCP Capital has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for BlackRock TCP Capital this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for TCPC on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added BlackRock TCP Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlackRock TCP Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.29% of the stock of BlackRock TCP Capital is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for BlackRock TCP Capital are expected to decrease by -3.45% in the coming year, from $1.74 to $1.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackRock TCP Capital is 1,052.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.67.Price to Earnings Ratio vs. SectorThe P/E ratio of BlackRock TCP Capital is 1,052.05, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 151.26.Price to Book Value per Share RatioBlackRock TCP Capital has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BlackRock TCP Capital (NASDAQ:TCPC) StockTCP Capital Corp. is an externally-managed specialty finance company focused on middle-market lending. We have elected to be regulated as a business development company, or BDC, under the Investment Company Act of 1940. Our stock is traded on NASDAQ under the ticker symbol ''TCPC''. TCP Capital's investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. We invest primarily in debt of private, middle-market companies with enterprise values typically between $100 million and $1.5 billion, including complex situations requiring specialized industry knowledge. While we invest primarily in senior debt instruments, we have the flexibility to provide financing solutions at any level of the capital structure. With our rigorous approach to due diligence, active investment monitoring and long-term perspective, we are an ideal partner for companies and sponsors seeking a stable source of capital.Read More 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. Email Address TCPC Stock News HeadlinesMay 21, 2023 | americanbankingnews.comBlackRock TCP Capital (NASDAQ:TCPC) Research Coverage Started at StockNews.comMay 19, 2023 | americanbankingnews.comBrokerages Set BlackRock TCP Capital Corp. (NASDAQ:TCPC) Target Price at $12.20May 29, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 11, 2023 | finance.yahoo.com3 SBIC & Commercial Finance Stocks From the Prospering IndustryMay 11, 2023 | americanbankingnews.comBlackRock TCP Capital (NASDAQ:TCPC) PT Lowered to $12.00 at JMP SecuritiesMay 9, 2023 | msn.comJMP Securities Maintains TCP Capital (TCPC) Outperform RecommendationMay 5, 2023 | msn.comTCP Capital (TCPC) Declares $0.34 DividendMay 5, 2023 | markets.businessinsider.comAnalyst Ratings for BlackRock TCP CapMay 29, 2023 | Stocks To Trade (Ad)Free A.I. Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 5, 2023 | benzinga.comBlackRock TCP Cap Stock (NASDAQ:TCPC), Analyst Ratings, Price Targets, PredictionsMay 5, 2023 | msn.comKeefe, Bruyette & Woods Maintains TCP Capital (TCPC) Market Perform RecommendationMay 5, 2023 | finance.yahoo.comBlackRock TCP Capital Corp (8TC.MU)May 5, 2023 | finance.yahoo.comQ1 2023 BlackRock TCP Capital Corp Earnings CallMay 4, 2023 | finance.yahoo.comBlackrock TCP Capital Corp. Announces First Quarter 2023 Financial Results Including Net Investment Income of $0.44 Per Share; Increases Second Quarter 2023 Dividend by 6.3% to $0.34 Per Share; 11 Years of Consistent Quarterly Dividend CoverageMay 3, 2023 | americanbankingnews.comBlackRock TCP Capital (TCPC) Set to Announce Earnings on ThursdayApril 21, 2023 | americanbankingnews.comBlackRock TCP Capital Corp. (NASDAQ:TCPC) Given Average Rating of "Moderate Buy" by BrokeragesApril 5, 2023 | finance.yahoo.comBlackRock TCP Capital Corp. to Report First Quarter 2023 Financial Results on May 4, 2023March 30, 2023 | americanbankingnews.comBlackRock TCP Capital Corp. (NASDAQ:TCPC) Receives $12.40 Average Price Target from AnalystsMarch 24, 2023 | americanbankingnews.comReviewing BlackRock TCP Capital (NASDAQ:TCPC) and Fairfax Financial (OTCMKTS:FRFHF)March 1, 2023 | finance.yahoo.comQ4 2022 BlackRock TCP Capital Corp Earnings CallMarch 1, 2023 | markets.businessinsider.comRaymond James Reaffirms Their Buy Rating on BlackRock TCP Capital (TCPC)March 1, 2023 | benzinga.comBlackRock TCP Capital shares are trading lower after the company reported Q4 financial results.February 28, 2023 | msn.comBlackRock TCP Capital NII of $0.40 beats by $0.01, Total investment income of $46.7M in-lineFebruary 28, 2023 | msn.comBlackRock TCP Capital declares $0.32 dividendFebruary 28, 2023 | finance.yahoo.comBlackRock TCP Capital Corp. Announces 2022 Financial Results Including Fourth Quarter Net Investment Income of $0.40 Per Share; Declares First Quarter 2023 Dividend of $0.32 Per Share; 43 Consecutive Quarters of Dividend CoverageFebruary 28, 2023 | msn.comBlackRock TCP Capital Q4 2022 Earnings PreviewFebruary 27, 2023 | msn.comBlackRock TCP Capital Earnings PreviewSee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address TCPC Company Calendar Last Earnings2/28/2023Ex-Dividend for 3/31 Dividend3/16/2023Dividend Payable3/31/2023Today5/29/2023Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:TCPC CUSIP87238Q10 CIK1370755 Webwww.tcpcapital.com Phone(310) 566-1000Fax310-899-4950Employees2,018Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.20 High Stock Price Forecast$13.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+16.1%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.01 Trailing P/E Ratio1,052.05 Forward P/E Ratio6.04 P/E GrowthN/ANet Income$-9,230,000.00 Net Margins0.55% Pretax Margin49.74% Return on Equity12.05% Return on Assets5.23% Debt Debt-to-Equity Ratio1.36 Current Ratio29.16 Quick Ratio29.16 Sales & Book Value Annual Sales$181 million Price / SalesN/A Cash Flow$0.07 per share Price / Cash Flow144.69 Book Value$14.36 per share Price / Book0.73Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta1.38 Key ExecutivesRajneesh VigChairman & Chief Executive OfficerPhilip M. TsengPresident & Chief Operating OfficerErik L. CuellarChief Financial Officer & ControllerCharles C. S. ParkChief Compliance OfficerKatie McGlynnVice President-Global Investor RelationsKey Competitors7 AcquisitionNASDAQ:SVNAWA SPAC II AcquisitionNASDAQ:ASCBWabrdn Global Premier Properties FundNYSE:AWPAchari Ventures Holdings Corp. INASDAQ:AVHIWAdvent Convertible and Income FundNYSE:AVKView All CompetitorsInstitutional OwnershipRockefeller Capital Management L.P.Bought 1,481 shares on 5/17/2023Ownership: 0.000%M Holdings Securities Inc.Sold 3,690 shares on 5/16/2023Ownership: 0.059%Harbour Investments Inc.Bought 6,231 shares on 5/16/2023Ownership: 0.018%Two Sigma Advisers LPBought 4,900 shares on 5/15/2023Ownership: 0.559%Quarry LPBought 3,914 shares on 5/15/2023Ownership: 0.010%View All Institutional Transactions TCPC Stock - Frequently Asked Questions Should I buy or sell BlackRock TCP Capital stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TCPC shares. View TCPC analyst ratings or view top-rated stocks. What is BlackRock TCP Capital's stock price forecast for 2023? 5 Wall Street research analysts have issued 1 year price objectives for BlackRock TCP Capital's stock. Their TCPC share price forecasts range from $11.00 to $13.00. On average, they anticipate the company's stock price to reach $12.20 in the next twelve months. This suggests a possible upside of 16.1% 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 at the beginning of 2023. Since then, TCPC stock has decreased by 18.8% and is now trading at $10.51. View the best growth stocks for 2023 here. Are investors shorting BlackRock TCP Capital? BlackRock TCP Capital saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 471,600 shares, an increase of 24.2% from the April 30th total of 379,700 shares. Based on an average daily trading volume, of 292,100 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.8% of the company's stock are sold short. View BlackRock TCP Capital's Short Interest. When is BlackRock TCP Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our TCPC earnings forecast. How were BlackRock TCP Capital's earnings last quarter? BlackRock TCP Capital Corp. (NASDAQ:TCPC) announced its earnings results on Tuesday, February, 28th. The investment management company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The investment management company earned $46.69 million during the quarter, compared to the consensus estimate of $46.10 million. BlackRock TCP Capital had a net margin of 0.55% and a trailing twelve-month return on equity of 12.05%. 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, May 4th. Investors of record on Friday, June 16th will be given a dividend of $0.34 per share on Friday, June 30th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 12.94%. The ex-dividend date of this dividend is Thursday, June 15th. This is an increase from the stock's previous quarterly dividend of $0.32. 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 Putnam BDC Income ETF (PBDC), VanEck BDC Income ETF (BIZD) and Virtus Private Credit Strategy ETF (VPC).GraniteShares HIPS US High Income ETF (HIPS). Is BlackRock TCP Capital a good dividend stock? BlackRock TCP Capital (NASDAQ:TCPC) pays an annual dividend of $1.28 per share and currently has a dividend yield of 12.18%. 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 12,812.81%. 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 76.19% 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 other stocks do shareholders of BlackRock TCP Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock TCP Capital investors own include Ares Capital (ARCC), Energy Transfer (ET), AT&T (T), Monroe Capital (MRCC), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Hercules Capital (HTGC), Annaly Capital Management (NLY), Prospect Capital (PSEC) and TriplePoint Venture Growth BDC (TPVG). 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 a variety of retail and institutional investors. Top institutional shareholders include Cliffwater LLC (0.00%), Van ECK Associates Corp (1.45%), Bank of America Corp DE (0.00%), Confluence Investment Management LLC (0.00%), Hennion & Walsh Asset Management Inc. (0.00%) and Two Sigma Advisers LP (0.56%). Insiders that own company stock include Andrea Petro, Erik L Cuellar, Karyn Leigh Williams, Kathleen A Corbet 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. What is BlackRock TCP Capital's stock price today? One share of TCPC stock can currently be purchased for approximately $10.51. How many employees does BlackRock TCP Capital have? The company 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 the company is www.tcpcapital.com. The investment management company can be reached via phone at (310) 566-1000, via email at investor.relations@tcpcapital.com, or via fax at 310-899-4950. This page (NASDAQ:TCPC) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BlackRock TCP Capital Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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