QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
NASDAQ:TCPC

BlackRock TCP Capital Stock Forecast, Price & News

$13.92
+0.03 (+0.22%)
(As of 12/8/2021 04:00 PM ET)
Add
Compare
Today's Range
$13.59
$13.98
50-Day Range
$13.24
$14.36
52-Week Range
$11.05
$15.07
Volume
232,630 shs
Average Volume
252,659 shs
Market Capitalization
$804.12 million
P/E Ratio
5.40
Dividend Yield
8.64%
Beta
1.66
30 days | 90 days | 365 days | Advanced Chart
Receive TCPC 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.


BlackRock TCP Capital logo

About BlackRock TCP Capital

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.

Headlines

Earnings Preview For BlackRock TCP Capital
November 2, 2021 |  benzinga.com
Blackrock Tcp Capital (TCPC)
August 12, 2021 |  forbes.com
See More Headlines

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

Sales & Book Value

Annual Sales
$172.10 million
Cash Flow
$1.45 per share
Book Value
$14.10 per share

Profitability

Net Income
$71.37 million
Pretax Margin
44.47%

Debt

Price-To-Earnings

Miscellaneous

Free Float
57,357,000
Market Cap
$804.12 million
Optionable
Optionable

Company Calendar

Ex-Dividend
9/15/2021
Dividend Payable
9/30/2021
Last Earnings
11/02/2021
Today
12/08/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

MarketRank

Overall MarketRank

2.76 out of 5 stars

Finance Sector

127th out of 1,342 stocks

Fire, Marine, & Casualty Insurance Industry

15th out of 77 stocks

Analyst Opinion: 1.4Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -












BlackRock TCP Capital (NASDAQ:TCPC) Frequently Asked Questions

Is BlackRock TCP Capital a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BlackRock TCP Capital stock.
View analyst ratings for BlackRock TCP Capital
or view top-rated stocks.

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. Since then, TCPC stock has increased by 20.9% and is now trading at $13.92.
View which stocks have been most impacted by COVID-19
.

When is BlackRock TCP Capital's next earnings date?

BlackRock TCP Capital is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
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 quarterly earnings data on Tuesday, November, 2nd. The investment management company reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. The investment management company had revenue of $42.72 million for the quarter, compared to analyst estimates of $43.09 million. BlackRock TCP Capital had a trailing twelve-month return on equity of 9.41% and a net margin of 88.59%. During the same quarter in the previous year, the business earned $0.35 earnings per share.
View BlackRock TCP Capital's earnings history
.

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, November 3rd. Investors of record on Friday, December 17th will be given a dividend of $0.30 per share on Friday, December 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.62%. The ex-dividend date is Thursday, December 16th.
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 8.64%. TCPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. BlackRock TCP Capital does not yet have a strong track record of dividend growth. The dividend payout ratio of BlackRock TCP Capital is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, BlackRock TCP Capital will have a dividend payout ratio of 90.23% 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?

4 analysts have issued twelve-month price targets for BlackRock TCP Capital's shares. Their forecasts range from $14.00 to $15.50. On average, they anticipate BlackRock TCP Capital's stock price to reach $14.44 in the next year. This suggests a possible upside of 3.7% 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:
  • Rajneesh 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
  • Michael E. Leitner, Managing Director-Investment

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 many different retail and institutional investors. Top institutional shareholders include Cliffwater LLC (1.86%), Invesco Ltd. (1.80%), Van ECK Associates Corp (1.51%), Confluence Investment Management LLC (0.72%), Two Sigma Investments LP (0.64%) and Two Sigma Advisers LP (0.57%). Company insiders that own BlackRock TCP Capital stock include Andrea Petro, Brian F Wruble, Erik L Cuellar, Karyn Leigh Williams, Kathleen A Corbet, Paul L Davis and Rajneesh Vig.
View institutional ownership trends for BlackRock TCP Capital
.

Which major investors are selling BlackRock TCP Capital stock?

TCPC stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Two Sigma Advisers LP, Two Sigma Investments LP, Guggenheim Capital LLC, Van ECK Associates Corp, Oppenheimer & Co. Inc., LSV Asset Management, and Inspire Advisors LLC.
View insider buying and selling activity for BlackRock TCP Capital
or view top insider-selling stocks.

Which major investors are buying BlackRock TCP Capital stock?

TCPC stock was bought by a variety of institutional investors in the last quarter, including Ares Management LLC, Blue Zone Wealth Advisors LLC, Hennion & Walsh Asset Management Inc., First Republic Investment Management Inc., Valeo Financial Advisors LLC, Mackenzie Financial Corp, Tudor Investment Corp Et Al, and Wealthspire Advisors LLC. Company insiders that have bought BlackRock TCP Capital stock in the last two years include Andrea Petro, Brian F Wruble, Erik L Cuellar, Karyn Leigh Williams, Kathleen A Corbet, 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 $13.92.

How much money does BlackRock TCP Capital make?

BlackRock TCP Capital has a market capitalization of $804.12 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 $2.58 on an earnings per share basis.

How many employees does BlackRock TCP Capital have?

BlackRock TCP Capital employs 2,018 workers across the globe.

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, via email at [email protected], or via fax at 310-899-4950.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.