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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Sell every Stock except ONE (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Sell every Stock except ONE (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Sell every Stock except ONE (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
NASDAQ:TCPC

BlackRock TCP Capital (TCPC) Stock Forecast, Price & News

$10.51
+0.13 (+1.25%)
(As of 05/26/2023 ET)
Compare
Today's Range
$10.38
▼
$10.52
50-Day Range
$9.73
▼
$10.74
52-Week Range
$9.60
▼
$14.33
Volume
147,170 shs
Average Volume
234,835 shs
Market Capitalization
N/A
P/E Ratio
1,052.05
Dividend Yield
12.18%
Price Target
$12.20
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

BlackRock TCP Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
16.1% Upside
$12.20 Price Target
Short Interest
Healthy
0.82% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of BlackRock TCP Capital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.45%
From $1.74 to $1.68 Per Share

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

Finance Sector

749th out of 911 stocks

Fire, Marine, & Casualty Insurance Industry

40th out of 49 stocks

See Top Rated MarketRank™ Stocks Here

TCPC stock logo

About BlackRock TCP Capital (NASDAQ:TCPC) Stock

TCP 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.

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TCPC Stock News Headlines

May 21, 2023 | americanbankingnews.com
BlackRock TCP Capital (NASDAQ:TCPC) Research Coverage Started at StockNews.com
May 19, 2023 | americanbankingnews.com
Brokerages Set BlackRock TCP Capital Corp. (NASDAQ:TCPC) Target Price at $12.20
May 28, 2023 | Stansberry Research (Ad)
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May 11, 2023 | finance.yahoo.com
3 SBIC & Commercial Finance Stocks From the Prospering Industry
May 11, 2023 | americanbankingnews.com
BlackRock TCP Capital (NASDAQ:TCPC) PT Lowered to $12.00 at JMP Securities
May 9, 2023 | msn.com
JMP Securities Maintains TCP Capital (TCPC) Outperform Recommendation
May 5, 2023 | msn.com
TCP Capital (TCPC) Declares $0.34 Dividend
May 5, 2023 | markets.businessinsider.com
Analyst Ratings for BlackRock TCP Cap
May 28, 2023 | Behind the Markets (Ad)
"Unknown laser company making HUGE profit from Russia-Ukraine War"
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May 5, 2023 | benzinga.com
BlackRock TCP Cap Stock (NASDAQ:TCPC), Analyst Ratings, Price Targets, Predictions
May 5, 2023 | msn.com
Keefe, Bruyette & Woods Maintains TCP Capital (TCPC) Market Perform Recommendation
May 5, 2023 | finance.yahoo.com
BlackRock TCP Capital Corp (8TC.MU)
May 5, 2023 | finance.yahoo.com
Q1 2023 BlackRock TCP Capital Corp Earnings Call
May 4, 2023 | finance.yahoo.com
Blackrock 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 Coverage
May 3, 2023 | americanbankingnews.com
BlackRock TCP Capital (TCPC) Set to Announce Earnings on Thursday
April 21, 2023 | americanbankingnews.com
BlackRock TCP Capital Corp. (NASDAQ:TCPC) Given Average Rating of "Moderate Buy" by Brokerages
April 5, 2023 | finance.yahoo.com
BlackRock TCP Capital Corp. to Report First Quarter 2023 Financial Results on May 4, 2023
March 30, 2023 | americanbankingnews.com
BlackRock TCP Capital Corp. (NASDAQ:TCPC) Receives $12.40 Average Price Target from Analysts
March 24, 2023 | americanbankingnews.com
Reviewing BlackRock TCP Capital (NASDAQ:TCPC) and Fairfax Financial (OTCMKTS:FRFHF)
March 1, 2023 | finance.yahoo.com
Q4 2022 BlackRock TCP Capital Corp Earnings Call
March 1, 2023 | markets.businessinsider.com
Raymond James Reaffirms Their Buy Rating on BlackRock TCP Capital (TCPC)
March 1, 2023 | benzinga.com
BlackRock TCP Capital shares are trading lower after the company reported Q4 financial results.
February 28, 2023 | msn.com
BlackRock TCP Capital NII of $0.40 beats by $0.01, Total investment income of $46.7M in-line
February 28, 2023 | msn.com
BlackRock TCP Capital declares $0.32 dividend
February 28, 2023 | finance.yahoo.com
BlackRock 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 Coverage
February 28, 2023 | msn.com
BlackRock TCP Capital Q4 2022 Earnings Preview
February 27, 2023 | msn.com
BlackRock TCP Capital Earnings Preview
See More Headlines
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TCPC Company Calendar

Last Earnings
2/28/2023
Ex-Dividend for 3/31 Dividend
3/16/2023
Dividend Payable
3/31/2023
Today
5/28/2023
Ex-Dividend for 6/30 Dividend
6/15/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Fire, marine, & casualty insurance
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:TCPC
CUSIP
87238Q10
CIK
1370755
Web
www.tcpcapital.com
Phone
(310) 566-1000
Fax
310-899-4950
Employees
2,018
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.01
Trailing P/E Ratio
1,052.05
Forward P/E Ratio
6.04
P/E Growth
N/A
Net Income
$-9,230,000.00
Net Margins
0.55%
Pretax Margin
49.74%
Return on Equity
12.05%
Return on Assets
5.23%

Debt

Debt-to-Equity Ratio
1.36
Current Ratio
29.16
Quick Ratio
29.16

Sales & Book Value

Annual Sales
$181 million
Price / Sales
N/A
Cash Flow
$0.07 per share
Price / Cash Flow
144.69
Book Value
$14.36 per share
Price / Book
0.73

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Optionable
Beta
1.38

Key Executives

  • Rajneesh VigRajneesh Vig
    Chairman & Chief Executive Officer
  • Philip M. Tseng
    President & Chief Operating Officer
  • Erik L. Cuellar
    Chief Financial Officer & Controller
  • Charles C. S. Park
    Chief Compliance Officer
  • Katie McGlynn
    Vice President-Global Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

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 twelve months. 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 brokers have issued 1 year target prices for BlackRock TCP Capital's shares. Their TCPC share price forecasts range from $11.00 to $13.00. On average, they predict the company's stock price to reach $12.20 in the next year. 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 start of the year. 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 volume of 292,100 shares, the short-interest ratio is currently 1.6 days. Currently, 0.8% of the company's shares are short sold.
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 quarterly earnings results on Tuesday, February, 28th. The investment management company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The investment management company had revenue of $46.69 million for 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 announced a quarterly dividend on Thursday, May 4th. Shareholders 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 annualized dividend and a yield of 12.94%. The ex-dividend date 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 investors 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 5/28/2023 by MarketBeat.com Staff

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