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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
The gold catalyst we’ve waited for (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
The gold catalyst we’ve waited for (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
The gold catalyst we’ve waited for (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NASDAQ:TCPC

BlackRock TCP Capital - TCPC Stock Forecast, Price & News

$9.94
+0.21 (+2.16%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$9.60
$9.96
50-Day Range
$9.73
$13.37
52-Week Range
$9.60
$14.52
Volume
220,568 shs
Average Volume
416,643 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
12.88%
Price Target
$12.40

BlackRock TCP Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
24.7% Upside
$12.40 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of BlackRock TCP Capital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.29%
From $1.63 to $1.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars


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

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Q4 2022 BlackRock TCP Capital Corp Earnings Call
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
BlackRock TCP Capital Earnings Preview
TCPC Feb 2023 12.500 put
TCPC.OQ - | Stock Price & Latest News | Reuters
TCPC.A - | Stock Price & Latest News | Reuters
Recap: BlackRock TCP Cap Q3 Earnings
See More Headlines
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TCPC Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 1/12 Dividend
12/28/2022
Dividend Payable
1/12/2023
Ex-Dividend for 3/31 Dividend
3/16/2023
Today
3/25/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

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

Price Target and Rating

Average Stock Price Forecast
$12.40
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+24.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-9,230,000.00
Pretax Margin
48.86%

Debt

Sales & Book Value

Annual Sales
$181 million
Cash Flow
$0.07 per share
Book Value
$14.36 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.39

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













TCPC Stock - Frequently Asked Questions

Should I buy or sell BlackRock TCP Capital stock right now?

5 Wall Street research 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 research 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 equities research analysts have issued 1-year price targets for BlackRock TCP Capital's stock. Their TCPC share price forecasts range from $11.00 to $13.00. On average, they expect the company's share price to reach $12.40 in the next year. This suggests a possible upside of 24.7% 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 shares have decreased by 23.2% and is now trading at $9.94.
View the best growth stocks for 2023 here
.

When is BlackRock TCP Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our TCPC earnings forecast
.

How were BlackRock TCP Capital's earnings last quarter?

BlackRock TCP Capital Corp. (NASDAQ:TCPC) posted its earnings results on Tuesday, November, 2nd. The investment management company reported $0.32 earnings per share for the quarter, meeting analysts' consensus estimates of $0.32. The investment management company had revenue of $42.72 million for the quarter, compared to the consensus estimate of $43.09 million. BlackRock TCP Capital had a positive trailing twelve-month return on equity of 11.07% and a negative net margin of 5.10%. During the same quarter last year, the firm posted $0.35 earnings per share.

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, February 28th. Stockholders of record on Friday, March 17th will be given a dividend of $0.32 per share on Friday, March 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 12.88%. The ex-dividend date is Thursday, March 16th.
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 13.13%. TCPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TCPC.

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 Millennium Management LLC (0.00%), Van ECK Associates Corp (0.00%), Morgan Stanley (0.00%), Bank of America Corp DE (0.00%), Legal & General Group Plc (0.00%) and Two Sigma Investments LP (0.00%). 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 $9.94.

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 3/25/2023 by MarketBeat.com Staff