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NASDAQ:TCPC

BlackRock TCP Capital Stock Forecast, Price & News

$9.89
+0.13 (+1.33 %)
(As of 09/18/2020 09:40 PM ET)
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Today's Range
$9.72
Now: $9.89
$9.94
50-Day Range
$9.71
MA: $9.90
$10.28
52-Week Range
$4.02
Now: $9.89
$14.76
Volume594,400 shs
Average Volume441,933 shs
Market Capitalization$571.32 million
P/E RatioN/A
Dividend Yield12.13%
Beta1.6
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 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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BlackRock TCP Capital logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.20 out of 5 stars


Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:TCPC
CUSIP87238Q10
Phone310-566-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$195.17 million
Cash Flow$1.26 per share
Book Value$13.21 per share

Profitability

Net Income$30.58 million

Miscellaneous

EmployeesN/A
Market Cap$571.32 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$9.89
+0.13 (+1.33 %)
(As of 09/18/2020 09:40 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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BlackRock TCP Capital (NASDAQ:TCPC) Frequently Asked Questions

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

BlackRock TCP Capital's stock was trading at $11.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TCPC stock has decreased by 14.1% and is now trading at $9.89.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of BlackRock TCP Capital?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for BlackRock TCP Capital
.

When is BlackRock TCP Capital's next earnings date?

BlackRock TCP Capital is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for BlackRock TCP Capital
.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp (NASDAQ:TCPC) issued its quarterly earnings data on Thursday, August, 6th. The investment management company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.06. The investment management company earned $45.11 million during the quarter, compared to analyst estimates of $37.27 million. BlackRock TCP Capital had a negative net margin of 3.15% and a positive return on equity of 12.25%.
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 Tuesday, August 4th. Stockholders of record on Wednesday, September 16th will be paid a dividend of $0.30 per share on Wednesday, September 30th. This represents a $1.20 annualized dividend and a dividend yield of 12.13%. The ex-dividend date of this dividend is Tuesday, September 15th.
View BlackRock TCP Capital's dividend history
.

What price target have analysts set for TCPC?

6 analysts have issued 12 month target prices for BlackRock TCP Capital's shares. Their forecasts range from $9.50 to $14.50. On average, they anticipate BlackRock TCP Capital's share price to reach $11.63 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price.
View analysts' price targets for BlackRock TCP Capital
.

Are investors shorting BlackRock TCP Capital?

BlackRock TCP Capital saw a drop in short interest in August. As of August 14th, there was short interest totaling 519,900 shares, a drop of 29.4% from the July 30th total of 736,300 shares. Based on an average trading volume of 325,500 shares, the short-interest ratio is currently 1.6 days. Currently, 0.9% of the company's stock are sold short.
View BlackRock TCP Capital's Short Interest
.

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

What other stocks do shareholders of BlackRock TCP Capital own?

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 52)
  • Mr. Rajneesh Vig CPA, Pres, COO & Director (Age 48)
  • Mr. Michael E. Leitner, Managing Partner (Age 51)
  • Mr. Mark Keith Holdsworth, Managing Partner (Age 54)
  • Mr. Philip M. Tseng, Managing Partner (Age 42)

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 (2.28%), Two Sigma Advisers LP (0.94%), Sumitomo Mitsui Trust Holdings Inc. (0.81%), Confluence Investment Management LLC (0.81%), Advisors Capital Management LLC (0.77%) and Bank of America Corp DE (0.75%). Company insiders that own BlackRock TCP Capital stock include Brian F Wruble, Eric John Draut, Howard Levkowitz, Karyn Leigh Williams, 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 Virtus ETF Advisers LLC, Confluence Investment Management LLC, D.A. Davidson & CO., First Republic Investment Management Inc., Rockefeller Capital Management L.P., Dubuque Bank & Trust, Two Sigma Advisers LP, and Belpointe Asset Management LLC.
View insider buying and selling activity for BlackRock TCP Capital
.

Which institutional investors are buying BlackRock TCP Capital stock?

TCPC stock was acquired by a variety of institutional investors in the last quarter, including Cliffwater LLC, UBS Group AG, Sumitomo Mitsui Trust Holdings Inc., Mckinley Capital Management LLC Delaware, Aigen Investment Management LP, AE Wealth Management LLC, Stelac Advisory Services LLC, and Monument Capital Management. Company insiders that have bought BlackRock TCP Capital stock in the last two years include Brian F Wruble, Eric John Draut, Howard Levkowitz, Karyn Leigh Williams, Kathleen A Corbet, Michael E Leitner, Paul L Davis, and Rajneesh Vig.
View insider buying and selling activity for BlackRock TCP Capital
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is BlackRock TCP Capital's stock price today?

One share of TCPC stock can currently be purchased for approximately $9.89.

How big of a company is BlackRock TCP Capital?

BlackRock TCP Capital has a market capitalization of $571.32 million and generates $195.17 million in revenue each year. The investment management company earns $30.58 million in net income (profit) each year or $1.61 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.

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 9/21/2020 by MarketBeat.com Staff

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