NASDAQ:TCPC

BlackRock TCP Capital Stock Forecast, Price & News

$13.74
-0.21 (-1.51 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$13.66
$13.98
50-Day Range
$13.74
$14.97
52-Week Range
$8.44
$15.07
Volume682,637 shs
Average Volume297,946 shs
Market Capitalization$793.72 million
P/E Ratio4.50
Dividend Yield8.60%
Beta1.69
30 days | 90 days | 365 days | Advanced Chart
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BlackRock TCP Capital logo

About BlackRock TCP Capital

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 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. It prefers to make equity investments in companies for an ownership stake.

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MarketRank

Overall MarketRank

1.53 out of 5 stars

Finance Sector

665th out of 1,971 stocks

Fire, Marine, & Casualty Insurance Industry

39th out of 93 stocks

Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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BlackRock TCP Capital (NASDAQ:TCPC) Frequently Asked Questions

Is BlackRock TCP Capital a buy right now?

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

What stocks does MarketBeat like better than BlackRock TCP Capital?

Wall Street analysts have given BlackRock TCP Capital a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BlackRock TCP Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting BlackRock TCP Capital?

BlackRock TCP Capital saw a increase in short interest during the month of May. As of May 28th, there was short interest totaling 497,200 shares, an increase of 19.5% from the May 13th total of 416,200 shares. Based on an average daily volume of 293,700 shares, the short-interest ratio is presently 1.7 days. Approximately 0.9% of the shares of the company are sold short.
View BlackRock TCP Capital's Short Interest
.

When is BlackRock TCP Capital's next earnings date?

BlackRock TCP Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for BlackRock TCP Capital
.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp. (NASDAQ:TCPC) released its earnings results on Tuesday, May, 4th. The investment management company reported $0.32 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.32. The investment management company earned $41.16 million during the quarter, compared to analysts' expectations of $40.20 million. BlackRock TCP Capital had a net margin of 102.51% and a trailing twelve-month return on equity of 10.66%.
View BlackRock TCP Capital's earnings history
.

How has BlackRock TCP Capital's stock price been impacted by COVID-19?

BlackRock TCP Capital's stock was trading at $11.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TCPC stock has increased by 19.4% and is now trading at $13.74.
View which stocks have been most impacted by COVID-19
.

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 Wednesday, May 5th. Investors of record on Wednesday, June 16th will be paid a dividend of $0.30 per share on Wednesday, June 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date of this dividend is Tuesday, June 15th.
View BlackRock TCP Capital's dividend history
.

Is BlackRock TCP Capital a good dividend stock?

BlackRock TCP Capital pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.60%. TCPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of BlackRock TCP Capital is 83.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BlackRock TCP Capital will have a dividend payout ratio of 86.96% in the coming year. This indicates that BlackRock TCP Capital may not be able to sustain their current dividend.
View BlackRock TCP Capital's dividend history.

What price target have analysts set for TCPC?

3 Wall Street analysts have issued twelve-month target prices for BlackRock TCP Capital's shares. Their forecasts range from $14.00 to $14.50. On average, they expect BlackRock TCP Capital's stock price to reach $14.17 in the next year. This suggests a possible upside of 3.1% from the stock's current price.
View analysts' price targets for BlackRock TCP Capital
or view top-rated stocks among Wall Street analysts.

Who are BlackRock TCP Capital's key executives?

BlackRock TCP Capital's management team includes the following people:
  • Mr. Howard Marshall Levkowitz, Chairman & CEO (Age 54)
  • Mr. Rajneesh Vig CPA, Pres, COO & Director (Age 50)
  • Mr. Michael E. Leitner, Managing Partner (Age 53)
  • Mr. Mark Keith Holdsworth, Managing Partner (Age 56)
  • Mr. Philip M. Tseng, Managing Partner (Age 44)
  • Mr. Paul Leslie Davis CPA, Chief Financial Officer (Age 48)
  • Ms. Kathleen McGlynn, VP of Investor Relations
  • Ms. Elizabeth L. Greenwood, Gen. Counsel & Sec. (Age 58)
  • Mr. Charles Choon Sik Park, Chief Compliance Officer (Age 54)
  • Mr. Erik L. Cuellar, Controller (Age 50)

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

What other stocks do shareholders of BlackRock TCP Capital own?

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 (2.74%), Van ECK Associates Corp (1.87%), Arrowstreet Capital Limited Partnership (1.30%), Acadian Asset Management LLC (0.97%), Fort Washington Investment Advisors Inc. OH (0.76%) and Confluence Investment Management LLC (0.71%). Company insiders that own BlackRock TCP Capital stock include Andrea Petro, Brian F Wruble, Howard Levkowitz, Kathleen A Corbet, Michael E Leitner, Paul L Davis and Rajneesh Vig.
View institutional ownership trends for BlackRock TCP Capital
.

Which institutional investors are selling BlackRock TCP Capital stock?

TCPC stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Neuberger Berman Group LLC, Rockefeller Capital Management L.P., Guggenheim Capital LLC, Sumitomo Mitsui Trust Holdings Inc., Confluence Investment Management LLC, UBS Group AG, and Ameriprise Financial Inc..
View insider buying and selling activity for BlackRock TCP Capital
or view top insider-selling stocks.

Which institutional investors are buying BlackRock TCP Capital stock?

TCPC stock was acquired by a variety of institutional investors in the last quarter, including Hennion & Walsh Asset Management Inc., Blue Zone Wealth Advisors LLC, Van ECK Associates Corp, Ares Management LLC, D. E. Shaw & Co. Inc., Fort Washington Investment Advisors Inc. OH, BlackRock Inc., and Advisors Asset Management Inc.. Company insiders that have bought BlackRock TCP Capital stock in the last two years include Andrea Petro, Brian F Wruble, Howard Levkowitz, Kathleen A Corbet, Michael E Leitner, Paul L Davis, and Rajneesh Vig.
View insider buying and selling activity for BlackRock TCP Capital
or or view top insider-buying stocks.

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 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 $13.74.

How much money does BlackRock TCP Capital make?

BlackRock TCP Capital has a market capitalization of $793.72 million and generates $172.10 million in revenue each year. The investment management company earns $71.37 million in net income (profit) each year or $1.43 on an earnings per share basis.

What is BlackRock TCP Capital's official website?

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

Where are BlackRock TCP Capital's headquarters?

BlackRock TCP Capital is headquartered at 2951 28th Street Suite 1000, Santa Monica CA, 90405.

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]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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